Central American market News

Markets/Coverages: Lockton Caribbean & Central America Launches Food, Agriculture & Beverage Broking Practice

Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture & Beverage practice that focuses exclusively on the region. The new Food, Agriculture & Beverage practice will deliver tailor-made insurance solutions …

Lockton Launches Entertainment & Sports Practice for Caribbean, Central America

Lockton Caribbean & Central America (CCA) announced the launch of the insurance broking industry’s first Entertainment & Sports practice focusing exclusively on the region. The new practice within Lockton CCA – the Miami-based wholesale insurance and reinsurance operation focused on …

People Moves: Lloyd’s Names Hernandez Mkt. Dev. Mgr., Central America; Chaucer Taps Argenta’s Sheppard for Renewables; H.W. Kaufman Promotes Kaufman Davis

This edition of International People Moves details appointments at Lloyd’s, Chaucer, and H.W. Kaufman Group. A summary of these new hires follows here. Lloyd’s Names Hernandez Market Development Mgr., Central America Lloyd’s, the re/insurance marketplace for commercial, corporate and specialty …

Central American Storms in 2020 Preview What’s Ahead with Climate Change: Experts

HAVANA/GUATEMALA CITY – Villagers in Guatemala’s Mayan hillside hamlet Sanimtaca had been about to harvest their cardamom crops that take three years to grow when waves of floodwater triggered by two tropical storms last month washed them away. Now they …

Brokerslink Expands Global Network with Affiliates in Central America, APAC and Africa

Global broking business, Brokerslink, has continued the expansion of its global network with three new affiliates from Africa, Central America and Asia-Pacific further demonstrating its multinational capabilities and commitment to supporting the growth and development of independent broking. The new …

AIG to Sell Central American Operations to ASSA

ASSA Compañía Tenedora, S.A. and ASSA Compañía de Seguros (ASSA) will acquire 100 percent of American International Group’s Central American operations in El Salvador, Guatemala, Honduras and Panama in a share purchase agreement, the companies announced. The transaction is subject …

A.M. Best Upgrades Ratings of Mapfre Panamá

A.M. Best upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Mapfre Panamá S.A., Panama City, Panama. The outlook for both ratings is stable. The upgrade of the …