David Roig: Dear iNLIP´s and (re) insurance friends: As Global Executive Director at Insuralex and as iNLIP´s founder and managing partner ( iNLIP is proud official media partner at FIDES Rio 2023) I am happy to let you know that I will be attending FIDES RIO 2023. Insuralex will be presenting the  FIDES / Insuralex insurance regulatory report . (Below …

Insuralex 2023 report: Anti-money laundering and terrorism finance controls – Obligations of Insurance Intermediaries Insuralex presents a comparative report that analyzes the role of insurance intermediaries in complying with anti-money laundering and terrorism finance controls in the insurance industry. This report is presented by Insuralex as a contribution to the Pan-American Confederation of Insurance Producers (COPAPROSE), as part of it …

The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following said increasement, parametric insurance in Latin America has not received a standardized legal treatment. Every country has developed its applicable normative, at its sole discretion, depending on the requirements of …

The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following said increasement, parametric insurances in Latin America have not received a standardized legal treatment. Every country has developed its applicable normative, at its sole discretion, depending on the requirements of …

Insuralex presents its latest report about life insurance law in Latin America. iNLIP insurance reports, news, articles, seminars, forums, webinars, etc.

During the last years Insuralex´s Latin America team has published many free reports related to key (Re) insurance topics such as: Parametric Insurance Reinsurance Criminal prosecution Liability Insurance Regulatory Insurer´s subrogation Insurance digital commercialization (Re) Insurance Arbitration Tax rates (Re) Insurance Premiums You can download these insurance related reports here.   About Insuralex Latin America: Insuralex Latin American insurance law …

Insuralex presents its new Facebook page Insuralex (Trusted Legal Advisors for (Re) Insurance) is pleased to introduce its new Facebook page, which focuses mainly on reports, articles, news, seminars, webinars, etc. related to (re)insurance. Insuralex focuses on clean, dynamic and visual content that supports the entire design structure. Designed to be friendly and safe to use, the homepage provides a …

Insuralex is the only insurance focused international network ranked in Global Chambers as a Leading Law Firm Network / Band 1. Founded two decades ago, in 2002, Insuralex (Trusted International Legal Advisors for (Re) Insurance) is a group created by more than 50 independent law firms from Europe, North America, Latin America, Africa, Asia and the Middle East that specialise in …

FIDES (Federación Interamericana de Empresas de Seguros) has launched a report on insurance regulatory matters in the countries where FIDES has member insurer associations. FIDES represents 18 Latin American countries as well as Spain and The United States. Topics include: Licensing requirements for setting up insurers Regulatory and financial information Solvency requirements Supervision Distribution channels Reinsurance Investments Microinsurance regulations Cyber …

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 …