Category Archives: (re) Insurance articles Latin America

Latin America and Caribbean Insurance and Reinsurance Articles

New Legal Framework for Foreign Reinsurers and Intermediaries in Ecuador

Posted on March 28, 2023 by Insurance Professionals Miami

On Friday February 24, 2023, the Superintendence of Companies, Securities, and Insurance (SCVS) issued new provisions on the requirements that foreign reinsurers and reinsurance intermediaries must meet in order to obtain or maintain their license to do business in Ecuador … Continue reading →

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New reinsurance laws in Puerto Rico open the jurisdiction to the international (re)insurance market

Posted on December 8, 2022 by Insurance Professionals Miami

Historically, jurisdictional insurance laws in the United States governing credit for reinsurance have required non-US reinsurers to post 100% collateral in the US for risks reinsured from US ceding insurers. Many international reinsurers complained about these collateral requirements which were … Continue reading →

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Spotlight on LatAm: construction sector embraces opportunities for technology, innovation and surety post-pandemic

Posted on July 14, 2022 by Insurance Professionals Miami

It will come as no surprise that the global construction industry was substantially impacted by the COVID-19 pandemic. Site closures by government mandate in some jurisdictions, transportation issues, border closures, supply chain issues, inability to move materials and labourers, a … Continue reading →

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