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Andrea Baer, Swiss Re; Florian Kummer, Deutsche Ruck; Martin Smith, Pro Global
COVID-19 has ravaged much of South and Central America, but it is just the latest in a long line of setbacks the region has suffered over recent decades. But there are still opportunities if re/insurers take steps to realise them.
Latin America has seen its fair share of trouble in recent years. The early 1980s debt crisis in the region came to be known as the lost decade. Some say that the stagnation of the 10 years following 2010 was the second. Now, with the pandemic hitting some of its biggest economies hardest, in human and economic terms, there are fears it could be at the start of a third crisis.
To discuss whether the region is still a land of opportunity, Intelligent Insurer’s Re/insurance Lounge, the online, on-demand platform for interviews and panel discussions, brought together a range of experts:
Together they explored the prospects for the region and how the industry could capitalise on the opportunities, as well as mitigating the risks.
Swiss Re, Deustche Ruck, Pro Global, Debt Crisis, Digitisation, Insurance, Reinsurance, Florian Kummer, Martin Smith, Andrea Baer, Latin America