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Searching Content indexed under Insurance Laws and Products by M. Millett ordered by Published Date Descending.
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1
Latin America’s Most Expensive Insured Event Ever? Compliance And Coverage Issues Begin To Emerge As Reinsurers Continue To Estimate Impact Of Chile Earthquake
Even if the insured losses from the Chile earthquake fall in the mid-range of current estimates of between US$ 2 billion and US$ 8 billion, it will outpace Hurricane Wilma as the most expensive insured event in Latin America’s history, according to a release by reinsurance broker Cooper Gay.
Chile
25 May 2010
2
Latin American Insurance And Reinsurance Trends: A Crackdown On "Grey Market" Practices
2009 saw several local regulators step up efforts to contravene "grey market practices," that is activities prohibited by local law but previously engaged in by many foreign companies.
United States
12 May 2010
3
Latin American Insurance And Reinsurance 2009 Recap: Beyond The Usual Suspects--Growth In Unexpected Places
In the last year, the overall Latin American insurance market has continued to experience robust growth, estimated at 7.4% by Fundacion Mapfre for the first half of 2009 over the first half of 2008.
United States
16 Mar 2010
4
Latin American Insurance And Reinsurance Trends: Anti-Corruption Enforcement
A recurrent issue for foreign insurance and reinsurance companies active in Latin American in the last few years has been anti-corruption compliance, both as a compliance issue and an underwriting tisk.
United States
12 Mar 2010
5
Latin American Insurance And Reinsurance Trends: Microinsurance
Approximately one-fourth of Latin America’s 569 million residents live on less than $2 per day, and many Latin Americans do not have any type of insurance.
United States
12 Mar 2010
6
Insurance And Reinsurance In Venezuela: Government Encroachment In A Booming Market
Venezuela remains an enticing and daunting jurisdiction in 2010, as the government continues to intervene in the financial services and other major industries and the insurance industry faces the prospect of a new comprehensive insurance law.
Venezuela
10 Mar 2010
7
The Newly Opened Costa Rican Insurance And Reinsurance Market: A Mini-Brazil?
In August 2008, Costa Rican President Dr. Oscar Arias Sanchez signed into law Costa Rica’s new Ley Reguladora del Mercado de Seguros, thereby ending the Instituto Nacional de Seguros’ (INS) more than eighty-year-old monopoly over the country’s insurance industry.
Costa Rica
10 Mar 2010
8
Free Webinar: ¿Seguro? Opportunities And Risks For (Re)Insurers In Latin America In 2010 And Beyond
The Insurance and Reinsurance Department of Edwards Angell Palmer & Dodge is holding a 60 minute complimentary webinar entitled "¿Seguro? Opportunities and Risks for (Re)Insurers in Latin America in 2010 and Beyond" on Tuesday, February 23, 2010 at 10:00
United States
23 Feb 2010
9
Latin American Insurance And Reinsurance 2009 In Review: Liberalization, Development And "Reform" In The Face Of The Global Economic Downturn
2009 was an eventful year for the Latin American (re)insurance markets, with local factors and varying exposures to the global economic downturn leading to tremendously different results, trends and regulatory initiatives in the various countries.
Brazil
12 Feb 2010
10
Chilean Court Finds Insurance Broker Liable For Failure To Obtain Requested Coverage, Leading To Claim Denial By Insurer
Earlier this year, a Chilean court found an insurance broker liable to an insurance beneficiary for failing to obtain the insurance coverage requested, which led to the insurer denying the beneficiary's claim for disability benefits.
Chile
11 Feb 2010
11
A Mature Latin American Insurance Market Seeking To Modernize
By most measures, Chile is considered the third largest insurance market in Latin America. It is widely considered to have the most stable market and political environment in the region.
Chile
9 Feb 2010
12
Argentinean Authorities Impose Total Fine Of 23 Times Premium For Unauthorized Life Insurance Transaction With Foreign Insurer
The Argentinean authorities recently fined an individual insured 8 times premium and an insurance intermediary 15 times premium for illegally transacting life insurance business with a non-authorized foreign life insurer.
Argentina
9 Feb 2010
13
Opportunity And Risk In A "New" Insurance Market
While relatively small in comparison to the major Latin American insurance markets, Costa Rica is the largest insurance market in Central America (excluding Panama).
Costa Rica
2 Feb 2010
14
Foreign Reinsurers Receive Greater Access To Brazilian Market
As of Sunday January 17, 2010, foreign reinsurers will be permitted access to a larger portion of the Brazilian reinsurance market as local reinsurers' right of first refusal will be reduced from 60% of risks in the market to only 40%.
Brazil
2 Feb 2010
15
SUSEP Reports Results Of Brazilian Insurance Market
The Superintendencia de Seguros Privados (SUSEP), recently released statistics regarding the performance of the Brazilian insurance market through the end of August 2009.
Brazil
2 Feb 2010
16
QBE Expects 7.14% Premium Growth For Latin American Operations In 2009; ACE's Latin American Life Insurance Premiums Up 85%
QBE Insurance Group recently stated that the company expects its gross written premiums from Latin American operations to grow by 7.14% for the year 2009.
Mexico
22 Dec 2009
17
Significant Recent Developments In The Latin American Insurance And Reinsurance Markets
At 1:21 p.m. local time on January 8, 2008, an earthquake measuring 6.2 on the Richter scale occurred in the Central American country of Costa Rica. It left 18 people dead, 40 missing and hundreds injured.
United States
22 Jan 2009
18
Argentina: Major Insurance And Reinsurance Developments In 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Argentina stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year.
Argentina
22 Jan 2009
19
Major Insurance and Reinsurance Developments in 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Brazil stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year.
Brazil
22 Jan 2009
20
Major Insurance and Reinsurance Developments in 2008
Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Chile stands out as particularly significant given the size of the market involved.
Chile
22 Jan 2009
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