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Insurance
German insurer Allianz saw total revenues in Latin America fall to 22 percent in the first half of 2014 as it was hit by unfavourable foreign exchange movements and volume reductions in property/casualty business, mainly in Brazil. 27 August 2014
Insurance
Energy underwriters who believe that the softening in the energy market may soon come to an end are suffering from ‘wishful thinking’, according to Willis. 22 August 2014
Insurance
XL has strengthened its financial lines offering in Latin America with the move of Najib Bousakr, financial institutions manager, to Brazil. 22 August 2014
News
AM Best is the final agency to revise its outlook on the global reinsurance sector to negative, citing ongoing market challenges which will hinder the potential for positive rating outlooks or upgrades. 20 August 2014
Insurance
Generali has hired the former head of general insurance at Zurich in Brazil to run its own Brazilian insurance subsidiary. 15 August 2014
Insurance
Aon Risk Solutions, the risk management business of Aon, has acquired Grana y Asociados, a Peru-based company specialising in risk and insurance solutions for individuals and businesses. 7 August 2014
Insurance
Low penetration, an emerging middle class and regulatory changes are ensuring that the LATAM region remains attractive to insurers, despite issues of excess capacity and soft rates. Intelligent Insurer investigates. 4 August 2014
Insurance
Despite a profitable underwriting year for the P&C sector, and the prediction of another quiet hurricane season, re/insurers must not become complacent, and must plan for future large scale events. Intelligent Insurer investigates. 4 August 2014
News
The Brazilian reinsurance market has grown at a cumulative real growth rate of 29 percent since the opening of Brazil’s reinsurance market to competition in 2008, following the break of state-controlled IRB Brasil Resseguros' (IRB) former monopoly. 28 July 2014
Insurance
Specialty re/insurer Brit has made a number of underwriting hires for its new Miami-based Latin American and Caribbean platform. 22 July 2014
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