Argentina News

S&P Forecasts ‘Healthy Growth’ for Latin America Reinsurance

Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential -” concludes that there are “good growth prospects” in the region, …

Fitch Sees Little Subprime Exposures in Latin American Banks, Insurers

A poll, conducted by Fitch Ratings, indicates that the banks and insurance companies it rates in the Latin America Region as to the extent they may hold direct or indirect exposure to U.S. subprime backed structured securities, found that “exposure …

Tiger, Phil Missing But New Sponsor Travelers Boosts Tournament’s Outlook

Tiger Woods is at home with his new baby. Phil Mickelson is home babying an injured wrist, and Angel Cabrera is back home in Argentina celebrating his U.S. Open win. Despite the absence of those names, there was a feeling …

XL to Hold ‘Global Day of Giving’

Bermuda’s XL Capital Ltd. has posted its plans to hold its second “Global Day of Giving” on Thursday, May 10, 2007. XL sponsors the program in support of the communities in which its companies operate. Last year’s first Global Day …

Ark. commissioner: Regulators have dual role

Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …

Ark. commissioner: Regulators have dual role

Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …

Ark. Commissioner Speaks to Senate Committee on State of P/C Industry

Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market and its regulatory landscape. Speaking in support of state-based insurance …

QBE Acquires Cumbre Seguros

QBE the Americas, the North American subsidiary of Australia’s QBE Group, announced that it has acquired 100 percent of Cumbre Seguros, a specialized insurer in Mexico from a group of private investors. The transaction, which is subject to regulatory approval, …

People and Places

Zurich Financial Services Group appointed Maine Insurance Superintendent Alessandro A. Iuppa head of government and industry affairs for General Insurance, and chief government affairs officer for North America. Both appointments are effective Jan. 15, 2007. Neal Odom joined MarketScout, the …

People Zurich Financial Services Group appointed Maine Insurance Superintendent Alessandro A. Iuppa head of government and industry affairs for General Insurance, and chief government affairs officer for North America. Both appointments are effective Jan. 15, 2007. Neal Odom joined MarketScout, …