Liberty Specialty Markets (LSM) announced today the appointment of Alexander Montoya as President of LSM – US, Bermuda and LatAm, effective immediately. They also announced Wilhelm Schaugg has joined Alexander’s team. Wilhelm Schaugg, joins LSM as Head of Strategy – US, Bermuda and LatAm, having previously been Head of Commercial Lines & Reinsurance at Liberty Mutual’s Global Retail Markets East. …

Everest Insurance, a member of the Everest Re Group, Ltd., is seeking an Underwriting Manager (Surety), whose primary responsibility is to underwrite new and renewal commercial bond business within their assigned authority level while maintaining and building productive relationships with our network of independent agents and brokers. Location is flexible: Northeast, Chicago, or Houston preferred. Responsibilities include but are not …

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 …

2019´s most popular iNLIP Latin American Insurance Articles (From January 2019 to August 2019) 2019 is another challenging year for the Latin American Insurance market as the industry continues to be rocked by many disasters and uncertain political landscapes in some Latin American countries. Here, iNLIP looks back over the last months of the year and the articles that have been …

Chubb Limited announced that it has appointed Juan Luis Ortega Executive Vice President, Chubb Group and President, Overseas General Insurance.  Mr. Ortega will have executive operating responsibility for Chubb’s general insurance business in 51 countries outside of North America, including commercial P&C, traditional and specialty personal lines, and accident and health insurance.  The appointment is effective immediately. Currently Senior Vice President, Chubb Group and Regional …

New Perspectives and Innovations for the Future of Insurance iNLIP, independent Network of Latam Insurance Professionals, proud Media Partner of the 2019 LIMRA LOMA Latin American Conference | Argentina Specifically designed for CEOs and senior executives doing business in the Latin American region, attendees will receive access to exclusive research, insights, and predictions for the future, along with plenty of …

Osterling Abogados, Insuralex´s exclusive member in Peru, advised the Peruvian association of insurance companies when making their case for the regulator to reconsider an opinion formerly issued against the validity of “claims made” clauses included in liability policies. In recent days, the Peruvian Superintendence of Banking, Insurance and Pension Funds Administrators (SBS as per its Spanish acronym) published a draft bill, …

AXA Mexico is looking for a Business Manager. (Spanish) Funciones del puesto: Colaborar en la definición, comunicación y ejecución de la estrategia a través de recomendaciones y propuestas basadas en el análisis de datos e investigación. Contribuir en la planeación de los objetivos en conjunto con el equipo directivo de la Vicepresidencia, dirigiendo acciones coherentes y alineadas a la estrategia …

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 …

Demand is on the rise for cold storage vault services for cryptocurrency. As CIT and vault providers work to meet the demand, they are facing risks that are at once similar and very different from those they encounter with their cash services. As a vault or transport provider, how well do you understand the risks of cold storage? Our latest …

Swiss Re Corporate Solutions appoints Angelo Colombo as CEO Latin America Swiss Re Corporate Solutions, effective 7 October 2019. In this role, Mr. Colombo will be responsible for managing the company’s commercial insurance business in Latin America. He will also oversee Swiss Re Corporate Solutions México Seguros S.A. de C.V.; Compañía Aseguradora de Fianzas S.A. Confianza (“Confianza”), the joint venture …

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS), announced the appointment of Andy Hottinger as President of its EMEA LatAm division. Mr. Hottinger succeeds longtime AXIS Re colleague and EMEA LatAm President Jan Ekberg, who will retire in July following a 45-year career in the (re)insurance industry, which has included 15 years at AXIS. …

“Given their GDP per capita levels, we expect countries like Brazil, China, Mexico, Russia and Turkey to be at the forefront of premium growth in the medium term”. “Latin America is lobbying for free trade as the region tries to hedge against potential lost trade   “China is set to become the largest insurance market in the world by the …

Chubb announces the appointment of Ulisses Soares as the new Vice President of Life for Chubb Latin America. In his new role, Ulisses Soares will be responsible for the growth and profitability of the Life business line in the region, executing plans to continue with the increase of existing channels, expand the product offer, develop strategic alliances and develop new …

São Paulo, February 2019 – In December 2018, Cnseg – the National Confederation of General Insurance, Private Pension and Life, Supplementary Health and Capitalization Companies – gathered the great names of the Brazilian insurance sector in order to recognize and celebrate the best practices of the field. In an event at Copacabana Palace Hotel, in Rio de Janeiro, one of the …