Marsh announced the formation of Marsh-JLT Specialty, a new specialty business within Marsh that will combine the specialty teams of Marsh and Jardine Lloyd Thompson Group plc (JLT), effective upon the closing of the purchase of JLT by Marsh’s parent company, Marsh & McLennan Cos. The unit will be a new specialty business within Marsh once regulatory approval for the takeover …
I am pleased to announce that we have moved into our new office in Miami and I am delighted to welcome our team to this new working environment. Our new office comes four years after the opening of MS Amlin in Miami. It demostrates our commitment to the region for our clients and employees. The new office space represents our …
The Microinsurance Catastrophe Risk Organisation (MiCRO), a reinsurance company incorporated in Barbados, has announced the launch of Produce Seguro in El Salvador, an index-based insurance product that protects low-income families against natural disasters. “After having launched a similar product in Guatemala last year, this product launch in El Salvador shows that MiCRO’s solution, the first one offering protection against natural …
The CEOs of the RTS Group visited São Paulo and Mexico City to learn first-hand how the Brazilian and Mexican insurance markets and economies are faring, the challenges they face and their requirements. Besides visiting the Group’s offices in both cities and holding several internal meetings with employees, the CEOs also participated in the seminars RTS organised with the most …
The Engineering School of Mechanics and Materials of FIU (Florida International University), through the Advance Institute for Material Engineering, has announced the formation of its Advance Materials Engineering Research Institute (AMERI) and has invited Eng. José Miguel Varela (ADVANTA’s Regional Director (LatAm & Carribean) to be a part of their Board of Advisors. The purpose of the Advance Materials Engineering …
BARBUSS and HDI Marine & Cargo Surveyors , a specialized marine and cargo surveying company based in Philadelphia, PA (USA), proudly announce the beginning of a strategic alliance between both companies. BARBUSS, a global team that helps to improve results in the (re) insurance and international trade industries, focused on effective claims management and recoveries, has a global footprint in four continents, with more than 70 employees working in …
Global reinsurance giant Swiss Re has announced the appointment of Mathias Jungen as Head of Reinsurance for Brazil and the Southern Cone, and that he will act as President of Swiss Re Brasil Resseguros S.A., succeeding Margo Black. Jungen joined Swiss Re in 2006 and has held a number of roles in both Switzerland and the U.S., before recently relocating …
For over a decade, The Global Risks Report has focused attention on the evolution of global risks and the deep interconnections between them. The Report has also highlighted the potential of persistent, long-term trends such as inequality and deepening social and political polarization to exacerbate risks associated with, for example, the weakness of the economic recovery and the speed of …
Ryan Specialty Group (RSG) is pleased to announce their first Latin American focused managing general underwriter, hiring the highly respected commercial insurance executive Pascal Álvarez to lead the charge. Pascal Álvarez has joined RSG as President and CEO of the newly formed specialty financial lines managing general underwriter, Capital Bay Underwriting. Mr. Alvarez is responsible for all aspects of the …
Bowring Marsh Miami is strengthening its team with Carolina Velásquez. Velásquez is an attorney, qualified in Colombia, specialized in insurance law educated at Universidad CES and Javeriana University in Colombia. Carolina has been involved with the insurance industry for over eight years acquiring knowledge and skills in all aspects of this field. Carolina had roles in claims evaluation and management, insurance …
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, today announced the appointment of Jorge Luis Cazar León to lead the company’s Latin America business, which includes insurance and reinsurance operations in Central and South America. Cazar takes up the role with immediate effect and will report to Jose A. Hernandez, head of international. “Argo …
Post-Brexit EU insurance operations will be run from Luxembourg, Liberty Specialty Markets (LSM) has confirmed. LSM said the move “follows a detailed analysis of potential jurisdictions”, aiming to ensure that its post-Brexit structure “complements its European strategy”. LSM will maintain its London headquarters, the insurer said, while seeking regulatory approvals to operate via an insurance company and insurance intermediary domiciled …
Price Forbes Holdings Limited (Price Forbes), an independent, specialist Lloyd’s broker based in the heart of London’s insurance sector, today announced its strategic entry to the Chilean market. Price Forbes has acquired an equity interest in a leading reinsurance broker which has been trading for over 12 years serving large Chilean corporate clients and the reinsurance markets. The operation is …
Global specialty insurance and reinsurance firm AXIS Capital Holdings Limited is acquiring Novae Group plc, the Lloyd’s of London focused diversified specialty re/insurer in a transaction worth $604 million. AXIS said that the acquisition will add “scale and breadth” to its international specialty insurance business, creating a $2 billion London specialty insurance market operation sitting in the top ten operating …
Victor offers to RTS’ clients an unparalleled knowledge and experience as Onshore Energy Senior Loss Adjuster. RTS International Loss Adjusters is pleased to announce the addition of a new member to its LatAm Regional Office, Victor Viqueira. He is a Mechanical Engineer with more than 36 years of formal experience, of which 26 years have been dedicated to the insurance industry, as international loss adjuster …
