Category: (re) Insurance articles Latin America
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How sure is surety in Latin America?
It pays to be sophisticated when it comes to surety in the construction industry in Latin America. For anyone familiar with the surety business in LATAM, especially those who have been stung, they will understand. A surety bond is an ancillary contract to a building contract, whereby the surety guarantees to the beneficiary that the…
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Brazil’s Data protection Law will transform risk landscape
In 2018, the Brazilian Data protection law (Lei Geral de Proteção de Dados – LGPD) passed by the legislature and, in August 2018, the former Brazilian President – Michel Temer – assented to this law. The articles concerning the creation of a National Data Protection Authority (Autoridade Nacional de Proteção de Dados – ANPD) and the…