Articles
Insurance
Tropical storm Dorian is expected to become a hurricane with warnings in place for St. Lucia, according to the Aon cat report. 27 August 2019
Insurance
Property/casualty insurer Chubb has appointed Marcos Gunn as senior vice president, Chubb Group and regional president, Latin America. 5 August 2019
Insurance
London-based specialty insurer Newline Group is expanding its global footprint by joining Lloyd’s representative office in Mexico City, to serve clients in Latin America and the Caribbean. 31 July 2019
Insurance
A parametric fisheries insurance policy for Carribean governments, described as “pioneering” by the issuing body, has been taken up by the authorities of Grenada and Saint Lucia. 5 July 2019
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has expanded its cover and brought in a new risk model for tropical cyclones and earthquakes as member governments in the region renewed and extended their policies for 2019/20. 19 June 2019
Insurance
Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re. 23 April 2019
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is to merge its North America and Latin America divisions into TransRe Americas as part of its leadership transition. 12 April 2019
News
Two years on from the failure that was the Fyre Festival, what lessons can be learned in terms of obtaining event insurance? Intelligent Insurer investigates. 18 March 2019
Insurance
AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” from “a-” of Puerto Rico-based Integrand Assurance Company while placing the Credit Ratings (ratings) under review with negative implications. 30 November 2018
Insurance
CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) has made its first payout to Barbados on its excess rainfall policy in the 2018/19 policy year. 11 October 2018
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