Latin American market News

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 …

Specialist Broker Capsicum Re Launches in Latin America; Operation Led by Smith

Capsicum Re, the London-based specialist reinsurance broker, announced it has launched Capsicum Re Latin America (CRLA). “This is a major step in Capsicum Re’s strategy to become a full service, international, challenger reinsurance broker,” said the company, adding that the …

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, …

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 …

Amlin Appoints Lead Underwriter to Build Latin American Business

Amlin plc, the specialist international insurer, has appointed Lucas Castagnino as lead underwriter, as momentum behind the build out of its Latin America underwriting activities gathers pace. With experience in the Latin American reinsurance market, Castagnino joins from SCOR’s Latin …

ACE Announces Future Leadership Team for Global Surety Business Unit

ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As previously announced, Stephen Haney will …

ACE Appoints Future Leadership Team for Chubb Group’s Latin America Region

ACE Ltd. announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Puerto Rico, Central America and the …

ACE Names Future Leadership Team for Overseas General Insurance Operations

ACE Ltd. announced the senior leadership team it intends to appoint for the new Chubb Group’s Overseas General Insurance division. This division comprises two major businesses: one with distribution through retail brokers in five regions of the world – Asia …

Gallagher Buys 65% of ARM Re, Colombian Energy & Construction Specialist

Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has extended its investment in Latin America with a 65 percent shareholding in independent Colombian energy and construction specialist ARM Re Ltda (ARM). Other terms of …

XL Group Appoints New Technical Officer of Brazil Unit

XL Group has appointed Thisiani Matsumura Martins as technical officer of its insurance operation in Brazil, subject to approval by the local supervisory authority. She succeeds Juan Bragadin, who will continue working with XL Group as a consultant in the …