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Parametric specialist Descartes expands into Latin America
22 October 2024   The new operations will be led by a former Chubb and Marsh senior executive.

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Reinsurance
Lloyd’s remains central to the growth plans of many carriers targeting the Latin American region. Dawn Miller, Commercial Director, and Hank Watkins, Regional director and President, Americas, Lloyd’s, spoke to Intelligent Insurer.
Reinsurance
Diverse, unpredictable and growing fast, the Latin American market offers no shortage of challenges for the insurance industry—but also a tremendous opportunity.
Insurance
The Latin American economic picture may stagnate overall in 2024, leading to a cautious outlook for insurers seeking growth. But there are also some good reasons for optimism, S&P Global Ratings reveals in a new report.
Reinsurance
The new regime in Argentina is likely to lead to a major turnaround for the reinsurance sector, but the road ahead is not without obstacles, says Pedro M. Lorenti, a partner at Aurigon Advisors.
Insurance
Latin America offers opportunities for re/insurers willing to understand and accept the important subtleties of operating in the region, Marcelo De Gruttola, vice president–senior analyst at Moody’s Investors Service, tells Intelligent Insurer.
Insurance
It may be politics as much as premiums that is the deciding factor when it comes to Latin America’s re/insurance prospects. There’s massive scope for growth, but players cannot ignore a history of political instability, says II panel.
Insurance
LatAm re/insurance executives are seeing more interest from global market players as the region presents opportunities for growth and to improve results for businesses already established in the mature markets.
Reinsurance
The survey reveals acknowledgement of pioneering work by regional companies in Brazil, Colombia and Mexico.
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19 August 2024   The company’s gross written premium in the first half increased 13%.
6 August 2024   Appointee has spent over 17 years at Lockton, following a decade at Marsh.
2 August 2024   The combined operation will manage over £1.3bn in gross written premiums.
2 August 2024   The deal comes six months after it merged with GMBC.
29 July 2024   However, he warns that the failure of more ubiquitous software products ‘very well could’.
25 July 2024   It has secured a new facility to write management, financial, and professional lines.
23 July 2024   The executive will serve as CEO of its newly established region.
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