Latin America
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TMF Group on expected IPT and parafiscal changes in 2025
During its recent webinar IPT Compliance Challenges, TMF Group’s Christophe Bourdaire, looked at some of the challenges and hurdles faced…
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BMS buys Spanish broker Rasher
Insurance broker BMS Group is buying Spanish firm Rasher and its Latin American subsidiaries in Colombia and Peru. Rasher specialises…
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Representations and warranties rates on the rise in the Americas: Lockton
Premiums for representations and warranties insurance (RWI) continued to fall in the first half of this year, but an uptick…
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New business transformation and technical excellence unit for GC&C
Generali Global Corporate & Commercial (GC&C) has established a business transformation & technical excellence unit. GC&C said this new structure…
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Brazil sues VW subsidiary in historical slave labour claim
The Brazilian subsidiary of German car manufacturer Volkswagen has been landed with civil action over historical slave labour practices, according…
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Talanx issues $100m parametric cat bond for Chile quake
The German group Talanx has issued its first ever cat bond that should help deliver more capacity for Chilean earthquake…
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Economic risks still dominate WEF survey
Economic risks continue to dominate the concerns of G20 business leaders polled for the World Economic Forum’s (WEF’s) latest Executive…
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Brokerslink launches global trade credit practice
Brokerslink is set to expand the number of its specialty practices, designed to better support international companies, after launching into…
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Many global firms lack plans to manage extreme weather, finds International SOS
A survey by International SOS Foundation has found that just a third of firms (36%) have comprehensive plans and policies…
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Growing demand for cartel insurance in Mexico, says Chaucer
Demand in Mexico for insurance against cartels and other organised crime is rising, according to speciality (re)insurance group Chaucer. It…
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McGill launches AI-powered trade disruption facility
London-based specialty broker McGill and Partners has launched a new AI-powered trade disruption insurance facility, backed by Tokio Marine Kiln…
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AXA XL provides $30m credit insurance toward Bahamas marine conservation
AXA XL will provide $30m in credit insurance to a debt-for-nature swap in the Bahamas that aims to unlock $124m…
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Court acquits BHP and execs of criminal charges over dam collapse
The mining companies that owned the iron ore mine in the Brazilian city of Mariana when the Fundão dam collapsed…
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Tax insurance records significant global growth, says Marsh
The tax insurance market is experiencing significant growth globally, with insurers expanding their appetite for tax risks and premium rates…
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Latin America presents risk and opportunity for Spanish firms
One of the big themes at the recent Ferma Forum in Madrid was how Spanish risk managers can help develop…
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Fresh lawsuit in Brazil contests BHP’s Fundão dam settlement
Organisations representing the victims of the Samarco Fundão dam collapse have filed a lawsuit in Brazil objecting to the $31.7bn…
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Global insurtech funding stabilises after Q3 decline
Global insurtech funding is seeing signs of stabilisation and is expected to reach $4.2bn by the end of 2024, similar…
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Protests fall in Latin America
The number of protests in Latin America fell 26% in the 12 months to April and was 9% lower than…
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NGOs claim German meat giants support deforestation via supply chain
Germany’s trade agency (the Federal Office for Economic Affairs and Export Control – BAFA) is being urged to investigate three…
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Mining firm BHP finalises $31.7bn dam settlement with Brazil
Anglo-Australian mining firm BHP has confirmed a R$170bn ($31.7bn) settlement has been reached with Brazil’s government and public authorities for…