“Growing Longevity: Vision of the Future and Market Repercussions”  Due to its consequences for the insurance industry, this will be one of the subjects debated at FIDES Rio 2023  Population aging is a worldwide phenomenon that may strongly affect the organization of business environments, pension funding and the job market.  Due to the importance of this global trend, one of …

2023 Lloyd´s Miami Meet the Market /Miami reinsurance Week   IMPORTANT NOTE: Attendance is free of charge, but it is restricted to Lloyd’s underwriters, distribution partners and senior executives from the local and regional (re)insurance market.   Hank Watkins, Regional Director & President, Americas Lloyd’s: I am delighted to confirm the date and venue for our Miami Meet the Market 2023 event. The event …

Economic stresses reprice risk: global economic and insurance market outlook 2023/24 Positive catalysts for the insurance industry from expected market rate hardening and higher interest rates. A new, higher interest rate era is emerging from the economic stresses of the inflation shock and war in Ukraine. Though economic growth has been relatively resilient this year, we expect global GDP to …

Stonegate Pub Limited v MS Amlin, Liberty and Zurich, Various Eateries v Allianz UK and Greggs v Zurich The Commercial Court has handed down its judgment in the three related trials (Stonegate Pub Limited v MS Amlin, Liberty and Zurich (“the Stonegate Insurers”), Various Eateries v Allianz UK and Greggs v Zurich) in respect of business interruption claims arising out …

Alllianz Global Corporate & Specialty cyber report: Growing cost of ransomware attacks impacting businesses of all sizes Sophistication and frequency of business email compromise attacks also increasing Emerging risk trends include: heightened risk of state-sponsored attacks, the evolving third party liability landscape, a shortage of cyber security professionals, and cyber governance under increasing ESG scrutiny Better cyber risk insights help …

AIG has been serving the Ecuador community for more than 50 years. We are one of the largest General Insurance companies in Ecuador offering innovative solutions to the changing needs of our clients. Our range of local and global products provides protection to both individual consumers and commercial clients. AIG Metropolitana is recognized as top player in the Insurance market …

The case of Quadra Commodities SA v XL Insurance Company SE & Ors considers the law of insurable interest and, importantly, whether insurers are liable to pay damages for late payment of an indemnity. Insuralex´s Exclusive Member in UK (London, Carter Perry Bailey ) provides its views on the first reported Judgment of the factors to be taken into account …

iNLIP, proud strategic partner. 10th Latin American Conference of Marine Insurance   In 2022 we will meet again in person!  From October 17 to 19, 2022 at the Hilton Santa Fe Hotel, in Mexico City, it will be the 10th version of ALSUM annual conference. We invite you to separate your agendas to participate in the most relevant marine insurance …

Insurance companies, like many others, are exposed to multiple risks and, therefore, they are concerned about having mechanisms to ensure their operations, avoiding that, in the event of a large loss, the exposure of their patrimony becomes greater. That is why reinsurance is such an important contract in insurance markets worldwide. It helps to (i) increase the financial backing capacity …

iNLIP is happy to lauch the latest Allianz Risk Barometer 2022: Cyber perils outrank Covid-19 and broken supply chains as top global business risk   11th Allianz survey: Cyber, business interruption and natural disasters are the top three business risks globally in 2022. Pandemic outbreak drops from second to fourth position as majority of companies are less concerned and feel …

Update! 2023 Miami ReInsurance Week calendar   Why attend? The 2022 Miami (re) insurance Week is the most important Miami networking week of the year for the Latin American Insurance Industry. Miami has become a (re) insurance hub for Latin America. It hosts the regional headquarters of many (re) insurance carriers and brokers and and also Lloyd’s of London. Miami has also …

Allianz: Construction companies to see robust growth and “new age” risks post-Covid • Current shortage of materials and skilled labor add to long-term challenges around new design, materials and building methods driven by sustainability and net zero strategies. • AGCS analysis of €11bn worth of construction and engineering claims over five years identifies top causes of loss by value: fire …

MehaffyWeber, a top ranked law firm and a provider of legal services in the area of insurance law and related litigation, has been selected to serve as the exclusive member firm for Texas by Insuralex Global Insurance Lawyers Group, the world’s leading insurance and reinsurance law firm network. As part of Insuralex, clients and Insuralex´s insurance law firms will have …

iNLIP, proud strategic partner: CQCS Insurtech & Innovation 2021 event   Here comes the third edition of CQCS Insurtech & Inovação, the largest Latin American Insurance Innovation event, also consolidated as one of the main events in the world! In 2018, the first Insurtech & Inovação was supported by 17 companies and the presence of 700 market executives. In the …

The right of subrogation of insurers is a common institution in most Latin American countries. However, although in all cases law establishes the right, the conditions regulating its exercise differ in each country. For instance, in some jurisdictions the right of subrogation applies to any insurance type, while in others certain types of insurance are excluded. Moreover, while in some …