Brazil News

American International Underwriters to Present Podcasts

American International Underwriters (AIU), the international P/C division of American International Group (AIG), has announced it will offer a series of podcasts or audiocasts, entitled “‘AIUcasts,’ created and presented by experts in the fields of risk, risk management and insurance.” …

Willis Appoints Paschoal New CEO for Latin America

Willis Group Holdings has appointed Eugenio Paschoal CEO of the Latin American region in a move the broker described as “reinforcing” the importance of the region for its international network, and as underlining “Willis’ commitment to ensuring that its international …

Best Sees No Change in Mapfre Ratings from Commerce Acquisition

A.M. Best Co has commented that the issuer credit rating (ICR) of “a” of Mapfre S.A. (formerly Corporacion Mapfre S.A., the holding company of Spain’s Mapfre Group) “remains unchanged following the announcement that Mapfre intends to acquire Commerce Group (currently …

Mattel Says Fallout from Recalls Could Continue into Holiday Season

Mattel Inc., which spent much of the past quarter dealing with fallout from massive toy recalls, said that the impact could hurt sales during the quarter that includes the holidays, even though it saw its third-quarter profit slip only 1 …

Liberty to Buy Brazil’s Indiana Seguros

Boston-based Liberty Mutual Group announced that its Brazilian subsidiary, Liberty International Brasil Ltda, has signed an agreement to buy 100 percent of Indiana Seguros, S.A., subject to regulatory approval in Brazil. Liberty noted that upon completion, “Liberty Brazil will become …

R&M Reports on Brazil Non-life

Research and Markets has added “Non-Life Insurance in Brazil” to their offering. The research firm said its new offering is “an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed data on market size …

R&M Adds Datamonitor Global P/C Insurance Report

Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed …

Prospects and pitfalls in a changing global insurance world

The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 …

Prospects and pitfalls in a changing global insurance world

No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German government and city …

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, …