By Lowers & Associates It’s no secret that Latin America has suffered its fair share of cyber-attacks, but the extent of the damage might be worse than many have imagined. In a 2018 study of cybercrime by the Organization of American States (OAS), 92% of banks in the study reported some kind of digital security event and more than 1 in 3 …

¿Hacia un horizonte más amplio? La única constante en nuestra industria es el cambio. Cambios en la tecnología, en el clima político, en los precios de los productos básicos y en estrategias y metodologías de gestión de riesgos. Sin embargo, ¿las industrias de recursos naturales en Colombia están al tanto de estos cambios? ¿Puede estar seguro de que sus costos …

French insurance and investment giant AXA has agreed to acquire 100% of Bermudian insurance and reinsurance firm XL Group Ltd. for $15.3 billion (€12.4bn), to be fully paid in cash. The transaction is subject to approval by XL Group shareholders and other customary closing conditions, and is expected to close in the second-half of 2018. The $15.3 billion total transaction value represents …

A substantial group of managers and experts from the insurance industry showed their interest in getting to know the successful adjustment practices carried out by RTS International Loss Adjusters in Latin America and their latest works in the region. In addition of having the chance to meet personally the directors and experts of RTS in the Latin American countries, attendees …

When a crisis unfolded at the Guatapé hydroelectric plant, the experienced and speedy response of the insurance industry was critical, as Juan G. Uribe, managing director at RTS International Loss Adjusters, explains.   What does Guatapé represent for the insurance industry? Guatapé hydroelectric plant, owned by the utility Empresas Públicas de Medellín (epm), is one of the most important power …