Liability insurance is one of the main lines of business in Latin America. It comprises several risk-transferred based products to offer depending on the insureds’ special needs and the liability regimes applicable under each jurisdiction. For this publication, the Latin -American members of Insuralex made a legal overview of the key aspects of the regulation and case law applicable to …

SUMMARY: I. Introduction – II. Pandemics versus epidemics and insurable risks versus uninsurable risks – III. Operational All Risk – IV. Contractors’ All Risk V. – Conclusions – VI. Sources.   Argañaraz Luque, Martín G. – Bonina, Sebastian. “Impacto del COVID-19 en los contratos de seguro Todo Riesgo Operativo y Todo Riesgo Construcción” Insuralex Argentina.   I. Introduction. Since March …

By Nuno Antunes, Managing Director Ibero/Latam  Allianz Global Corporate & Specialty Climate change has increased the frequency, intensity and severity of extreme events and has a greater impact on vulnerable communities. According to the UN report “State of Climate Services 2020” published in October 2020, there have been more than 11,000 natural disasters in the last 50 years, killing 2 …

Furtschegger was previously responsible for the international expansion of Entertainment, which is an AGCS line of business since 2015 Entertainment was hit significantly by Covid-19-driven claims in 2020, but is expected to develop into a successful and sustainable book of business for AGCS   Effective immediately, Michael Furtschegger will be appointed as Global Head of Entertainment at Allianz Global Corporate …

Deutsche Rückversicherung will start writing business in Latin America. The Board of Executive Directors has appointed Florian Kummer as Head of Latin American Markets. The German reinsurer, based in Düsseldorf, will focus on traditional property and casualty business in the newly launched market segment. With a view to the upcoming renewals, Deutsche Rück plans to start writing standard property and …

Insurance Regulatory Counsel – Property & Casualty. This position is open to remote candidates who are able to work during the core hours of the Eastern Time Zone. Overview This job provides the prospective candidate the opportunity to work with various teams throughout AIG including Underwriting (multiple lines of business), Comptrollers, Investments, Regulatory Reporting, Tax, and Litigation, as well as …

Job offer (Hamilton Insurance Group Miami) Underwriting Operations Assistant (6 moth contract)   We’re writing the future of risk Hamilton Insurance Group, Ltd. (“Hamilton”) is a Bermuda-headquartered company that underwrites specialty insurance and reinsurance risks on a global basis through its wholly-owned subsidiaries. Hamilton leverages analytics and research to create underwriting and investment value for its clients and shareholders. We’re …

Job offer: Senior Manager, Financial Analysis. At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That’s why we provide an environment focused on openness, inclusion, trust and respect. Here, you’ll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession. Liberty Mutual has …

Together, Insuralex  and Lowers Forensics can assist in complex claims that require a high specialization and that have an international component that requires specialized knowledge in diverse jurisdictions. Lowers Forensics International, a globally trusted financial forensics and risk mitigation firm, has joined Insuralex Global Insurance Lawyers Group as a key sponsor. Together, Lowers Forensics and Insuralex are working to create a world-wide referral …

As part of our strategy to consolidate our worldwide footprint, we are pleased to announce the opening of a new ADVANTA office in Latin America in Quito, Ecuador. BM Ajustes and Advanta come together to launch a new office trading as BM-ADVANTA, which combines BM’s outstanding performance in the local market with Advanta’s technical excellence and global presence. The new office is headed by Edwin …

Allianz Risk Barometer 2021: Covid-19 trio tops global business risks   10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked. Pandemic outbreak rockets to #2 from #17 and is seen as main cause of business interruption in 2021, followed by cyber. Companies look to de-risk supply chains …

Job: AIG Specialty Lines Senior Treaty Underwriter. Responsible for the various aspects of the underwriting process of Financial, Specialty & Marine and Agriculture, with a focus on financial lines, for Latin America and Caribbean region and business development through brokers and ceding companies for all target business. KEY RESPONSIBILITES, INCLUDE BUT ARE NOT LIMITED TO: Help in the preparation of …

The X Miami Reinsurance Golf Tournament will take place at the Doral Trump National in Miami on February 11th, 2021.   Unfortunately this year, given the circumstances imposed by COVID 19 organizing an event of the same magnitude as last year is not possible. The X edition will consist of a 1 course tournament for the Miami market ONLY. Unfortunately we cannot organize …

We are delighted that even during these unprecedented times we are still able to bring you our traditional Miami Meet the Market. (2021 Miami Insurance Week) Whilst we may not be able to meet with you in person due to the pandemic, we have arranged the next best thing – a virtual Meet the Market that will give you the …

As part of a series of new economic agreements, the UK and Brazil have agreed to further equalise the treatment of foreign and domestic financial companies in Brazil. In particular, this will relate to the re/insurance sector and is expected to support UK re/insurers operating or looking to operate in Brazil. The fourth Economic and Financial Dialogue (EFD) between the …