AAIC authorised as reinsurer in Argentina and Colombia

American Agricultural Insurance Company (AAIC) has been authorised to reinsure risks based in Argentina and Colombia through the broker marketplace.

The company has been named an Admitted Foreign Reinsurer in Argentina and an Approved Reinsurer in Colombia, where it is listed with the Foreign Reinsurers Registration (REACOEX).

AAIC is a member of the International Cooperative and Mutual Insurance Federation (ICMIF). The company also belongs to ICMIF’s Latin American Reinsurance Group (LARG).

“At AAIC, our vision is to be an internationally recognized leader in the management of insurance risk,” said Janet Katz, executive vice president and CEO of AAIC. “These new authorisations in Argentina and Colombia will allow us to continue making strides toward that vision as we further diversify and grow our business.”