Flooding of the Hidroituango hydropower dam in Colombia in 2018 during construction is estimated to cost insurers around $1.4bn, one of the largest engineering claims in history. Projects are increasingly complex, often with values in the tens of billions of dollars, and can run for decades. Fire and explosion incidents most expensive losses globally. Defective product and business interruption claims …

2017 was another challenging year for the Latin American Insurance market as the industry continues to be rocked by many natural disasters and uncertain political landscapes in some countries. FIDES El Salvador 2017, Reactions Miami 6th Annual Latin American Insurance and Reinsurance Forum and the 3th Miami Latin American Claims Forum were important networking and meeting points for the insurance industry. 2017 was …