Henning Haagen is currently Regional Head of Specialty and Northeast Zone Executive for AGCS North America and will become Chief Underwriting Officer Specialty effective March 1, 2020. Haagen brings extensive experience in international Underwriting and Reinsurance business. Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group, appoints Henning Haagen as Chief Underwriting Officer Specialty and …

The use of parametric insurance in Latin America 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 the aforementioned increasement, parametric insurances in Latin America have not received a standardized legal treatment from the local regulators. Every country has developed its applicable normative, at …

Allianz Risk Barometer 2020: Cyber top peril for companies globally for the first time 9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and expensive for companies – and often result in lawsuits and litigation after the event Business interruption ranks second, but remains a key …

La decimoséptima edición del seminario anual de Swiss Re denominado Jornadas de Seguro y Reaseguro se llevará a cabo los días 22 y 23 de enero de 2020 en el hotel Royal Pedregal en Colonia Jardines de la Montaña, Ciudad de México, México. A continuación se detallan la agenda, el programa y los ponentes. Agenda: Miércoles 22 de enero de …

BMS Group (“BMS”), the independent specialist (re)insurance broker,  announced the appointment of Alejandro Cerón as BMS Latin America & Caribbean chief operating officer, effective immediately. Cerón will be based in Miami and reports to José Astorqui, CEO of BMS Latin America & Caribbean. Cerón joins BMS with more than 28 years’ experience in international corporate management. Most recently, he was …

This one day event will provide representatives from the Miami and Lloyd’s insurance market with the chance to network and discuss future business opportunities. The 2020 Miami (re) insurance Week is the most important Miami networking week of the year for the Latin American Insurance Industry. The ‘Meet the Market’ will recreate the famous Lloyd’s Underwriting Room with a series of ‘boxes’ hosted by …

American International Group Inc named Peter Zaffino, the executive overseeing a turnaround effort of the company’s general insurance unit, as the company’s president. Zaffino, AIG’s global chief operating officer and chief of its general insurance business, will continue to serve in those roles when he becomes president on Jan. 1, 2020, AIG said. He replaces AIG Chief Executive Officer Brian …

Why attend? The 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 its current capacity for the region rivals that of the Lloyd’s of London. Miami …

Working in the Insurance  Industry is exciting, rewarding and challenging! Your future team R&G Espinosa International Adjusters , one of the Top 3 Loss-Adjustment firm of the year, has become a Leader for claims handling in Latin America and the firm has stood out because of its comprehensive knowledge of local markets applying international standards. Picture yourself working in one of the …

The range of exposures facing directors and officers (D&Os) – as well as the resultant claims scenarios – have increased significantly in recent years. With corporate management under the spotlight like never before, Allianz Global Corporate & Specialty (AGCS) experts provide both a reflection of the current state of the D&O insurance market and also point the lens forward to …

Miami has become a (re)insurance hub for Latin America. It hosts the regional headquarters of many (re)insurance carriers and brokers and its current capacity for the region rivals that of the Lloyd’s of London. Miami has also become a preferred destination for Latin American clients that go on roadshows given the language capabilities and cultural affinity with the region. The …

Your future team Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world’s leading insurance provider. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your …

American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese insurer T&D Holdings for $1.8 billion. Plans call for a newly created Carlyle-managed fund and T&D Holdings to acquire from AIG a 76.6 percent ownership interest in Fortitude Group Holdings, whose group companies operate as Fortitude Re. The transaction is …

Trio of senior hires positions SSL Endeavour with strong platform for growth in Latin America Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (“SSL Endeavour”) has announced the planned launch of a managing general agent (MGA) based in Miami, USA, and a trio of senior hires to support growth in Latin America. Set for a 1st January, …

Mexico’s economic growth has turned negative due to external and internal short-term disruptions. Political and policy uncertainty continues to delay investments while tight credit conditions are choking private consumption. More monetary easing is expected in coming months, however the trade/investment outlook remains open-ended and is a source of risk aversion. Life and motor premiums have begun to moderate but overall …