Latin America
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Mexico – On the up
Mexico was badly hit by the credit crisis, largely because of its close links to the US business cycle. According…
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Privatisation of Brazilian reinsurer won’t affect market capacity, say experts
The looming privatisation of IRB-Brasil RE, Brazil's leading reinsurance company, is unlikely to affect capacity in the local market, according…
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IMF assesses Brazil’s compliance with Insurance Core Principles
The International Monetary Fund (IMF) has reviewed Brazil's compliance with the Insurance Core Principles (ICPs) of the International Association of…
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Argentina market report – Tricky times
It has been a tricky couple of years for Argentina's economy, with GDP growth, but high inflation, an overvalued exchange…
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AGCS targets Brazil and wider Latin American region
Having received a local reinsurance license in Brazil, Allianz Global Corporate & Specialty (AGCS) has launched a new local legal…
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Brazil market report – Going for gold
Brazil has been hitting the headlines recently, not least because it will host the next Olympic Games as well as…
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Retrocession and captives help tackle Brazil’s challenges
Brazil has for a long time presented a nasty set of challenges for multinational companies that want to implement an…
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Supply of environmental insurance to get boost in Argentina
A new set of policies to protect against environmental liability risks should hit the Argentinian market in the next couple…
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New agency injects more uncertainty into Brazilian insurance market
The creation of a new government agency to provide insurance and reinsurance coverage for large projects in Brazil has injected…
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Vast potential in Brazil continues to draw foreign insurers despite ‘ferocious’ regulator’s reputation
To understand why reinsurance and insurance companies have set their sights on Brazil despite the country’s fiendish regulations, one just…
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Co-insurance creates risks for industry in Brazil, experts warn
Leading players in the Brazilian insurance market have warned of potential risks presented by co-insurance arrangements that have emerged as…
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Nat cats and exposures a real deal in Brazil warns report
Contrary to the widely held belief that Brazil poses little in the way of weather related risk, natural catastrophe’s and…
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Mexico is a bright spot in the Latin American landscape for insurance buyers
Protectionist pushes by Brazil and Argentina have given plenty of headaches to insurance buyers of late, but at least one…
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Lower prices and higher risks boost D&O in global program-free Brazil
Authorities that are becoming more demanding about the responsibility of executives and a sharp decline in prices have conspired to…
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Fitch: Brazilian insurance growth to slow, capital outflow from Russia sharply up as political risk rises
Credit rating agency Fitch does not believe that the fast-growing Brazilian insurance and reinsurance market will be able to match…
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Don’t be fooled by common language in Brazil
Language may not be a big barrier for Spanish companies that are trying to make a splash in the fast…
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Susep announcement looks like success for Ferma in Brazil
Controversy about changes to the Brazilian reinsurance market rules have taken another twist as the authorities announced a new rule…
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Ferma fleshes out hopes for Brazilian reinsurance laws
Ferma has released concrete details of its recommendations to the Brazilian insurance regulator, Susep, that it hopes will limit the…
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Ferma puts full weight behind push for reinsurance law change in Brazil
Ferma has once again added to the pressure on the Brazilian insurance regulator to change its protectionist reinsurance rules, by…
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New consultation on Brazil’s reinsurance rules as ABGR submits its proposals
The Brazilian risk management association, Associação Brasileira de Gerência de Riscos (ABGR), has presented a proposal to the country’s insurance…