Latin America News

Lloyd’s Names Revilla as Head of Latin America

Lloyd’s has appointed Daniel Revilla as head of Latin America responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. He will also assume the role of country manager for Mexico and …

XL Catlin Opens 2nd Mexico Office; Matthey Named Client Distribution Leader

XL Catlin has opened a second office in Mexico, located in Monterrey, and appointed Carlos Matthey as client distribution leader in that location. Monterrey is the capital of the state of Nuevo León, which has an economy comparable to that …

Zurich Launches Commercial Insurance Unit; Shea Named as Head

Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring. Shea, 50, joins from American International Group Inc. where he headed global financial …

Integro Expands Reinsurance Presence in Latin America with HRL Alliance

International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner. The licensing agreement grants HRL Colombia use of the Integro name and …

Starr Companies Appoints Grey as President, Latin America Division

Starr Companies announced that Dorian Grey has joined the company as president, Latin America Division. Grey will have overall responsibility for the growth and profitability of Starr’s activities in Mexico, Central and South America and the Caribbean. “We are delighted …

Swiss Re Corporate Solutions Names Brohm as CEO Latin America

Swiss Re Corporate Solutions appoints Axel Brohm, an experienced Swiss Re executive, as CEO Latin America. Brohm will assume this role immediately and relocate from Zurich to Miami in the coming months. In his new position, Brohm will be responsible …

Zika Exclusion Now Commonplace in Cancellation Cover for Latin America Events

Organizers of rock concerts and conferences in Latin America or fringe events at the Rio Olympics beware: if you still need insurance to cover cancellation due to the Zika virus, it’s probably too late. The International Olympic Committee (IOC) should …

Alesco Appoints Bragg to Lead Latin American Property Facultative Team

Alesco Risk Management Services*, the specialist insurance and risk management broker, announced Adam Bragg will be joining as head of the organisation’s Latin America Property Facultative team. His primary focus will be developing business throughout Latin America, particularly in Peru, …

Brazil & Samarco Close to Agreeing on Damages from Mining Disaster

Brazil’s government and Samarco Mineracao SA are meeting on Friday to finalize the settlement of a lawsuit for damages caused by a deadly dam spill at a mine in November, with the attorney general’s office saying the accord was 95 …

Asian, LatAm Financial Wage Rises Set to Outpace North America, Europe

Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer …