Ingrid Carlou, CEO at Patria Re, outlines the biggest challenges currently facing the Latin American market and explains why 60 years of experience have set the company in good order for its international expansion.
What are the biggest challenges facing insurers in Latin America?
After the 2008 financial crisis it became clear for developed nations that the model of everlasting profitable growth was not really possible, certainly not at the level of growth that was expected.
In this context and going forward, growth is presented at very moderate levels for advanced markets and so the attention has turned towards emerging markets.
Patria Re, reinsurance, Mexico, LatAm