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 …

Insuralex is launching a new free webinar: Insurance market in Ibero-America: responses in the post-COVID world   The COVID pandemic that hit the world in 2020 not only shook global health systems, but also impacted with particularly serious consequences in all economic sectors of society. The challenges posed for thousands of companies and states are not yet fully known. However, …

Insuralex (Insurance Law) Latin American Reports Series One of the great challenges facing insurers today is to have effective tools against insurance fraud. To this purpose, some Latin American countries have opted to include this type of conduct as a crime in their criminal law. Others, on the other hand, have opted for a generic criminal offense, such as fraud, …

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 …

Juan Carlos Realphe G (CEO Zurich Colombia) Omar Ortiz Bosch, Esq. (VP Legal, Central America and the Caribbean & Deputy General Counsel, Latin America Chubb) and Pierina Pumarol (CEO Mapfre Paraguay) will explain their own experience in the region. On the other hand, David Roig will present the event and the following Insuralex´s members: – Lucas Fajardo Gutiérrez (Brigard & Urrutia). Insuralex’s Exclusive Member in …

A legal overview Digital commercialization for insurers in Latin America ceased to be a long-term development project to became a top priority to them. It gained special relevance during the year 2020 due to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several regulatory approaches …

This time we at iNLIP are putting together (one single post) 3 interesting Latin American Insurance Industry related reports by Insuralex (Global Insurance Lawyers Group) Please bear in mind that you can always search past published articles using the “search box” and also looking at the “categories” box. 1. 2020 Parametric Insurance in Latin America: An overview The use of parametric …

The use of alternative dispute resolution mechanisms for insurance and reinsurance has become a growing practice in Latin America. In particular, arbitration has been widely accepted as offering flexibility, celerity and high qualified and specialized arbitrators, generating confidence, guaranteeing access to the administration of justice and relieving congestion in the ordinary jurisdiction Arbitration regulations in Latin America are not standardized …

This is the second of two unparalleled webinars offering a regional overview about the impact of the Covid-19 on the Latin American (Re) Insurance Industry. Countries covered: Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru and Venezuela. This webinar is aimed at and designed exclusively for insurance and reinsurance professionals, as well as (re)insurance intermediaries. To allow for attendee participation, registrations …

This is the first of two unparalleled webinars offering a regional overview about the impact of the Covid-19 on the Latin American (Re) Insurance Industry. This webinar is aimed at and designed exclusively for insurance and reinsurance professionals as well as (Re) insurance intermediaries. Countries covered: Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay. Topics: Covid-19 and impact on the insurance …

Audience: Underwriters, claims, wording, legal, compliance and regulatory personnel. Insuralex is a group created by independent law firms that specialise in Insurance and Reinsurance coverage, defence, litigation and all other related legal services. Globalisation and changes in the world wide Insurance market enable Insurers and Reinsurers to market their products across national borders in a growing global economy Insuralex Latin American insurance …

Mexico: Latin American Cyber Risks Seminar  Confirmed speakers are: Zurich (Belén Navarro), Willis (Natalia Char y Marcela Visbal), MDD (Jessica Reyes), AMIS (Juan Riveroll, Asociación Mexicana de Insituciones de Seguros) and Insuralex Latin American Insurance Lawyers. (See brochure) Insuralex is a group created by independent law firms that specialise in Insurance and Reinsurance coverage, defence, litigation and all other related legal services. …

Save the date! Colombia | September 5th 2018 | “Los riesgos cibernéticos y su asegurabilidad en Latinoamérica” Insuralex Programme, speakers and registrations will be published soon. Insuralex is an affiliation of independent and Chambers awarded law firms. Its members are all recognized by their peers in their own jurisdictions as expert in the fields of insurance, reinsurance and defence litigation. Insuralex currently have …

Is Brexit having any observable effect in Latin America? This post talks about trends and important topics that are affecting the Latin American Insurance market at this moment such as presidential elections, Brexit, etc.    The latest LMA Academy masterclass on May 29 provided a packed Lloyd’s Old Library with insights into trends and issues in Latin America from visiting …

Audience: Underwriters, claims, wording, legal, compliance and regulatory personnel Event details: Tuesday 29 May 15.30 – 17.00 Old Library, Lloyd’s London EC3M 7HA CDP: This masterclass qualifies for 1.5 CII CPD hours More information and registrations: https://www.insuranceprofessionalslatam.com/insurance-claims-issues-latin-america-lloyds-insuralex/   Insuralex is a group created by independent law firms that specialise in Insurance and Reinsurance coverage, defence, litigation and all other related legal services. Globalisation …