Latin America
Charles Taylor opens Panama office
Charles Taylor has opened an office in Panama to market captive insurance services to businesses across Latin America.
Interview: Harsha Agadi, Crawford & Company
As Crawford ‘outperforms expectations’ in terms of growth, Michèle Bacchus speaks with CEO and president Harsha Agadi about his plans for the company
AIG in £195m sale of assets to Fairfax
AIG will sell its Latin American and Central and Eastern European operations to Fairfax for £195m.
Lloyd's approves first Mexican insurer to join platform
Lloyd's has given in principle approval for the Mexican insurer Patria Re to join its platform.
Blog: Could bids for RSA Lat Am arm help Hester scupper Zurich takeover?
With the clock ticking before Zurich has to put up or shut up in line with the takeover panel code rules, it is no surprise to see speculation intensifying as to what might happen with RSA.
AJG buys 65% stake in Columbian energy & construction specialist
Arthur J Gallagher has extended its investment in Latin America with a 65% stake in independent Colombian energy and construction specialist Arm Re.
Lloyd's Columbia office paves way for syndicates to provide onshore reinsurance
Lloyd’s has received approval from the Colombian authorities to open a representative office in Bogotá, Columbia.
International: Microinsurance: Starting small
How will the new microinsurance incubator launched by the World Economic Forum impact on lower-income communities, and what are other insurers doing to cater for this group?
Lloyd’s handed Mexico representative office approvals
Lloyd’s has been handed approval by Mexican authorities to open a new representative office in Mexico City.
International: Insurers to the rescue - exposed computers in Latin America
Latin American companies and individuals are waking up to their cyber vulnerabilities - and as markets dictate, where there is demand, service must follow, say Alex Guillamont, director, and Andres Avila, associate lawyer at Kennedys Latin America &…
Underwriting hires in Miami aid Brit's regional platform expansion
Brit has bolstered its Miami-based Latin America and Caribbean platform with the addition of Carlos Becerra as vice president for underwriting and Jimena Salgado as an underwriter.
CGSC launches LatAm wholesale insurance broking expansion
Independent wholesale broker Cooper Gay Swett & Crawford is to expand its Swett & Crawford wholesale broking business into the Latin American market.
Bima set to expand in Asian and Lat Am markets
Emerging markets mobile insurer Bima has raised an additional $22m (£13.2m) to support its expansion into several new markets in Africa, Asia and Latin America.
C-Suite – Insurer: Continually adapting K&R
With criminals devising ever more sophisticated ways to extort money from victims, kidnap and ransom insurance is continually having to adapt.
Howden to acquire Colombian reinsurance broker
Howden has completed a deal to acquire a Bogota-based reinsurance broker, pending regulatory approval.
AJG broadens footprint in Latin America with shareholding in JAO
Arthur J Gallagher has deepened its investment in the Latin American insurance market by purchasing a majority shareholding in Peruvian reinsurance specialist JAO & Partners, in partnership with Mexican broker Grupo CP.
Hyperion records positive growth but rules out IPO in short-term
Hyperion Insurance Group today reported a 51% increase in revenue for the year ended 30 September 2013 as group chief executive David Howden said an IPO is still firmly on the company’s agenda.
Beazley boosts Latin American development with appointment
Beazley has appointed Ricardo Ortega as head of business development in Latin America.
External candidate expected to replace Lee at RSA as sale speculation mounts
Analysts say firm could seek to raise capital by selling international operations
Patria Re targets London market with new office
Mexico City-based Latin American insurance and reinsurance specialist Patria Re has opened a new marketing office aimed at the Lloyd’s and London market.
Mapfre net income rises 4.3% in first nine months
Spanish insurer Mapre posted net income of €683.9m for the first nine months of 2013, a 4.3% increase on the previous year’s total.
Generali unveils EMEA and Latin America units
Generali is to simplify its global structure by creating two new business regions, Europe, Middle East and Africa, and Latin America.
Stavale appointed CMO of Assurant Solutions Europe
Cassio Stavale has been named chief marketing officer of Assurant Solutions’ Europe operations.
Generali CEO Greco says it is still interested in Latin America despite Mexican disposals
The Generali Group has signed an agreement with Grupo Financiero Banorte to sell its 49% minority stakes in the Mexican companies Seguros Banorte Generali and Pensiones Banorte Generali for a total gross consideration of $857.5m (€649m).