Latin America
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Liberty Specialty Markets focuses its Latin American treaty reinsurance strategy
Liberty Specialty Markets (LSM) has promoted José Ernesto Ospina to the newly-created role of LatAm reinsurance regional manager, as it…
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Insured loss estimates for Mexico earthquake up to $2bn
The Puebla earthquake that hit central Mexico last week is estimated to result in insured losses of up to $2bn,…
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Markel’s Jeremy Brazil to step down
Jeremy Brazil is planning to stand down from his full-time executive role at the end of this year. Mr Brazil,…
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Best expects improved solvency and insurance penetration in Mexico
The new Solvency II-type regulations in Mexico allow for more efficient capital use, innovation in new segments and expanded distribution…
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Moody’s cross-sector report on Mexico sees solid premium growth
The Mexican insurance industry has seen premiums rise at a five-year compound annual growth rate (CAGR) of 10% as of…
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Protectionist measures in Indonesia, Turkey and Argentina highlighted by Insurance Europe
Insurance Europe has published updated country fact sheets for Indonesia, Turkey and Argentina. The fact sheets highlight a range of…
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Generali posts positive first-half numbers
Generali’s net profit increased by 3.7% in the first six months of this year to €1.2bn, with operating income up…
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Insurance markets’ recovery on track during next decade, Allianz study predicts
Global property and casualty (P&C) and life premiums are set to grow nearly 6% annually during the next decade, compared…
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Global non-life premium growth driven by China and emerging markets in 2016
Another “exceptional performance” in China, together with solid expansion among the emerging countries, saw global non-life premiums grow 3.7% in…
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Swiss Re Corporate Solutions joint venture with Bradesco Seguros begins operation in Brazil
Swiss Re Corporate Solutions has completed its joint venture transaction with Brazilian insurer Bradesco Seguros SA, a company controlled by…
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Latin American non-life market premium falls in 2016, Mapfre research finds
The non-life insurance market in Latin America declined by 11.3% in 2016, with total premium volume of around $78.7bn, according…
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South American political and economic risk assessment from Atradius
The economic environment in Brazil will remain challenging while in Chile, the business environment remains one of the best in…
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Argo appoints new leader for Latin America
Argo Group International has appointed Jorge Luis Cazar León to lead the company’s Latin America business, which includes insurance and…
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Most complex jurisdictions for accounting and tax compliance named by TMF Group
Turkey, Brazil, Italy, and Greece are the most complex jurisdictions in the world for accounting and tax compliance, according to…
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Korean insurers report growth in 2016
South Korean insurers saw a 2.9% increase in gross written premiums to KRW195.2trn in 2016 from KRW189.6trn in 2015, according…
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Seize the day – Parima interview
The current era of uncertainty is a great opportunity for Parima and its members to seize the initiative and demonstrate…
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Corporate travellers warned of yellow fever risks in Brazil
Companies with employees travelling to Brazil should put in place additional risk mitigation measures following a significant rise in cases…
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Coface upbeat despite political uncertainties weighing on trade
The rise of populism in Europe, uncertainties around Brexit and US President Donald Trump’s protectionist policies are some of the…
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More countries dropping down global Corruption Perceptions Index
Of the 176 countries on the Corruption Perceptions Index 2016, 69% scored below 50, on a scale from 0 (perceived to be…
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Markel International to write primary insurance in Brazil
Markel International has been approved by the regulator to write primary insurance in Brazil. SUSEP, the Brazilian insurance regulator, has…
