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Insurance
URS appoints former Generali reinsurance head as MD
Ultimate Risk Solutions has appointed Riccardo Nicolini as managing director responsible for the company's operations in Europe and Latin America.   19 June 2014
News
Moody’s downgrades reinsurance sector to negative
Rating agency Moody’s has lowered its outlook on the global reinsurance sector to negative, citing an oversupply of capacity, new entrants in the form of non-traditional capital, more substitute products, low interest rates, and greater bargaining power of buyers.   19 June 2014
Insurance
Marsh strengthens Panama presence
Marsh has strengthened its presence in Panama after it acquired a majority stake in broker Semusa, a company that has acted as the local representative of Marsh for 15 years.   19 June 2014
Insurance
QBE merges LatAm and Asia-Pacific operations
QBE Insurance has merged its Latin American and Asia-Pacific operations to create an emerging markets division.   17 June 2014
Insurance
Lloyd’s tips German World Cup win based on insurable value
Lloyd’s has predicted that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup.   16 June 2014
Insurance
XL boosts Latin America with underwriter hire
XL Group has appointed Ana Dores as senior professional indemnity underwriter for Iberia and Latin America, as part of its ongoing growth strategy.   13 June 2014
Insurance
S&P questions logic of including insurers on systemic risk list
Standard & Poor’s (S&P) has questioned the validity of including insurers on a global list of companies regarded as posing a systemic risk to the global financial system should they fail.   4 June 2014
Insurance
York strengthens Latin American operations
York International, a subsidiary of York Risk Services Group and a part of York Specialised Loss Adjusting, has appointed Jennifer Betancourt to further strengthen its financial lines claims capabilities within Latin America.   30 May 2014
News
Berkshire gains operating licence in Brazil
Berkshire Hathaway has been granted a licence to operate within Brazil as an “eventual reinsurer” by the country’s insurance regulator Susep, according to reports.   28 May 2014
Insurance
Ironshore appoints Latin America manager
Ironshore has appointed Norbert Kruger as regional manager of surety for Latin America and the Caribbean.   22 May 2014

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