Latin America
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Amendment to the regime of minimum capital for re/insurance companies in Argentina
On August 2, 2016, the Official Gazette in Argentina published Resolution No. 39957 issued by the Superintendent of Insurance of…
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AIG pulls out of CEE local business and much of Latin America: Remains committed to multinationals
AIG is selling its businesses in central and eastern Europe (CEE) and much of Latin America to Fairfax Financial Holdings…
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Swiss Re Corporate Solutions buys large risk portfolio in Brazil
Swiss Re Corporate Solutions will become one of the biggest primary insurers in Brazil after closing a deal to acquire…
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S&P: Argentina ‘very high risk’ P&C market
Argentina's P&C market has been described as "very high risk" sector by credit rating agency S&P, but brokers claim that…
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Multinationals urged to redouble anti-corruption efforts in Brazil
Multinational companies have been urged to carefully select their business partners and suppliers in Brazil or face “catastrophic” consequences from…
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Risk managers advised to keep eye on global programme compliance and political risks
Antonio Del Corral, a sub-director of risks at Repsol, has stressed the importance of international programmes for companies operating in…
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France a hotspot for civil unrest: Maplecroft
Companies face "significantly" more disruption from civil unrest in France than any other western European economy, according to a new…
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World insurance in 2015: faltering growth amid regional disparities
Insurance premium growth is being held back by lacklustre global economy.
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On the move
Chubb makes senior global exec appointments, Marsh names Jeremy Cooke as vice president of global placement, Cooper Gay appoints head…
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Opportunity in Latin America despite weak economy
Although Latin American markets present a range of risks and weak economic performance, they continue to offer opportunities for companies,…
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Environmental liability laws tighten in Latin America
A clampdown on corporate pollution liability is stimulating demand for environmental insurance in Latin America.
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News in brief
Global multiline insurers more resilient to challenges: S&P, Generali establishes Global Business Lines & International unit, Kumamoto earthquake damage estimates,…
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Insurers’ Q1 profits hurt by market volatility
First quarter results of many commercial insurers and reinsurers in recent weeks suggest a tough year ahead with some companies…
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Brazilian market failing corporate clients
The insurance market has let buyers down in Brazil by failing to come up with innovative solutions, according to experts…
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Tax and regulatory news
Problems of market access for EU insurers, ESAs identify vulnerabilities affecting the EU financial system, Aspiro decision could mean increased…
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Risk management concerns leave Brazil off the pace in run-up to Rio 2016
Political turmoil, civil unrest, terrorist threat and outbreak of the Zika virus in Brazil are placing organisers of the 2016…
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Losses mount as companies grapple with supply chain risk
The increased threat from Islamic State (IS) and an influx of migrants caused serious supply chain issues in Europe and…
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Are there too few D&O insurers in Brazil?
There is growing concern that Brazil's D&O insurance market may become dysfunctional after a wave of merger and acquisitions in…
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Captives grow in Latin America’s green fields
Some Latin American markets, such as Colombia, are well aware of the captive concept, while others are still at the…
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Terror, corruption and power struggles drive political risk in 2016
Businesses face a rising global terrorism threat and further civil unrest in 2016, according to the 2016 Political Risk Outlook…
