Latin America's Business Information Leader
Insurance News - Tuesday, March 30, 2010
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Free Content of the day
* Belo Monte partnership is 1st concrete step to solve surety bond issue - expert - Brazil
The move by Brazilian insurance groups J Malucelli, Fator and UBF Seguros to work together to cover surety bonds for the Belo Monte hydro plant project marks the first concrete step to solve the country's growing capacity problem in this area, according to Luiz Bojunga, a reinsurance consultant with law firm Doria, Jacobina, Rosado e Gondinho Advogados.
"The agreement makes it a very positive step in the market and augments the synergy and knowledge exchange between the companies," Bojunga told ... more
http://www.bnamericas.com/news/insurance/Belo_Monte_partnership_is_1st_concrete_step_to_solve_surety_bond_issue_-_expert1/180583264
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In-deph interview
* Oscar LópezExecutive president - Amafore<p><em>Mexico's pension fund manager association Amafore designated Oscar Franco López Portillo as its new executive president last month.</em></p><p><em>Meanwhile, Amafore created a new struct... more
http://www.bnamericas.com/interviews/insurance/Oscar_Lopez_,Amafore,/180583264
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Free Past News
* J Malucelli, Fator, UBF Seguros sign surety bond agreement on Belo Monte - 03-26-2010 - Brazil
http://www.bnamericas.com/news/insurance/J_Malucelli,_Fator,_UBF_Seguros_sign_surety_bond_agreement_on_Belo_Monte/180583264
* Fundamentals for BRAiN cluster in place, but execution is key - Wharton professor - 03-25-2010 - Brazil, Regional
http://www.bnamericas.com/news/insurance/Fundamentals_for_BRAiN_cluster_in_place,_but_execution_is_key_-_Wharton_professor1/180583264
* BancoEstado's quake claims number more than 30,000 - 03-24-2010 - Chile
http://www.bnamericas.com/news/insurance/BancoEstado*s_quake_claims_number_more_than_30,0001/180583264
* Govt working to make up lost agricultural insurance subsidy in budget - 03-23-2010 - Brazil
http://www.bnamericas.com/news/insurance/Govt_working_to_make_up_lost_agricultural_insurance_subsidy_in_budget/180583264
* Susep replacement likely to be confirmed as new head of watchdog - 03-22-2010 - Brazil
http://www.bnamericas.com/news/insurance/Susep_replacement_likely_to_be_confirmed_new_head_watchdog_-_spokesperson/180583264
* Susep head steps down to run for congress - 03-19-2010 - Brazil
http://www.bnamericas.com/news/insurance/Susep_head_steps_down_to_run_for_congress/180583264
* Suramericana aims to up 2010 billing more than 5% - 03-18-2010 - Colombia
http://www.bnamericas.com/news/insurance/Suramericana_aims_to_up_2010_billing_more_than_5*/180583264
* La Caja to invest US$35mn in 2010, goes for 10% market share - 03-17-2010 - Argentina
http://www.bnamericas.com/news/insurance/La_Caja_to_invest_US*35mn_in_2010,_goes_for_10*_market_share/180583264
* Despite setbacks, companies working on economic integration - CariCRIS - 03-16-2010 - Caribbean
http://www.bnamericas.com/news/insurance/Despite_setbacks,_companies_working_on_economic_integration_-_CariCRIS/180583264
* Idea of state-run surety bond insurer irks CNSeg, misses policy mark, says Moody's - 03-15-2010 - Brazil
http://www.bnamericas.com/news/insurance/Idea_of_state-run_surety_bond_insurer_irks_CNSeg/180583264
* Flagstone Re, RenaissanceRe, Hannover Re assess impact of earthquake - 03-12-2010 - Chile
http://www.bnamericas.com/news/insurance/Flagstone_Re,_RenaissanceRe,_Hannover_Re_assess_impact_of_earthquake/180583264
* Speed in claim payments key to insurer's contribution to recovery - Moody's - 03-11-2010 - Chile
http://www.bnamericas.com/news/insurance/Speed_in_claim_payments_key_to_insurer*s_contribution_to_recovery_-_Moody*s/180583264
* Chile earthquake to hike reinsurance prices in Latin America - experts - 03-10-2010 - Chile, Regional
http://www.bnamericas.com/news/insurance/Chile_earthquake_to_hike_reinsurance_prices_in_Latin_America_-_experts/180583264
* MetLife looks to grow regional top line 20% annually following ALICO deal - 03-09-2010 - Regional
http://www.bnamericas.com/news/insurance/MetLife_looks_to_grow_regional_top_line_20*_annually_following_ALICO_deal/180583264
* MetLife buys AIG's ALICO unit for US$15.5bn, boosts presence in Latin America - 03-08-2010 - Regional
http://www.bnamericas.com/news/insurance/AIG_sells_ALICO_to_MetLife_for_US*15,5bn,_boosts_presence_in_Latin_America/180583264
* Association ups insured losses forecast from earthquake to US$4bn - 03-05-2010 - Chile
http://www.bnamericas.com/news/insurance/Association_ups_insured_losses_forecast_from_earthquake_to_US*4bn/180583264
* Earthquake manageable event for global reinsurers - III - 03-04-2010 - Chile
http://www.bnamericas.com/news/insurance/Earthquake_manageable_event_for_global_reinsurers_-_III/180583264
* Earthquake may be second most expensive ever for insurers - study - 03-03-2010 - Chile
http://www.bnamericas.com/news/insurance/Earthquake_may_be_second_most_expensive_ever_for_insurers_-_study/180583264
* Insured earthquake losses in the US$3bn-8bn range - Eqecat - 03-02-2010 - Chile
http://www.bnamericas.com/news/insurance/Insured_earthquake_losses_in_the_US*3bn-8bn_range_-_Eqecat/180583264
* Earthquake could cost insurers at least US$2.5bn-2.6bn - association - 03-01-2010 - Chile
http://www.bnamericas.com/news/insurance/Earthquake_could_cost_insurers_at_least_US*2,5bn-2,6bn_-_association/180583264
* SulAmérica has as much as US$545mn in excess cash to go after M&A - VP - 02-26-2010 - Brazil
http://www.bnamericas.com/news/insurance/SulAmerica_has_as_much_as_US*545mn_in_excess_cash_to_go_after_M*A_-_VP1/180583264
* RSA looks for acquisition targets in emerging markets - 02-25-2010 - Regional
http://www.bnamericas.com/news/insurance/RSA_looks_for_acquisition_targets_in_emerging_markets/180583264
* Mapfre signs car service agreement with Protective Life - 02-24-2010 - Regional
http://www.bnamericas.com/news/insurance/Mapfre_signs_car_service_agreement_with_Protective_Life/180583264
* AFP Protección to invest US$3mn to prepare for multifunds system - 02-23-2010 - Colombia
http://www.bnamericas.com/news/insurance/AFP_Proteccion_to_invest_US*3mn_to_prepare_for_multifunds_system/180583264
* AFP assets under management could hit US$51.5bn by end-2011- Asofondos - 02-22-2010 - Colombia
http://www.bnamericas.com/news/insurance/AFP_assets_under_management_could_hit_US*51,5bn_by_end-2011-_Asofondos/180583264
* CNP unit looks to up premiums 40% in 2010 - 02-19-2010 - Argentina
http://www.bnamericas.com/news/insurance/CNP_unit_looks_to_up_premiums_40*_in_2010/180583264
* Drop of 27% in affiliate transfers thanks to regulatory improvements - Amafore - 02-18-2010 - Mexico
http://www.bnamericas.com/news/insurance/Drop_of_27*_in_affiliate_transfers_thanks_to_regulatory_improvements_-_Amafore/180583264
* Arthur J. Gallagher buys brokerage unit - 02-17-2010 - Brazil
http://www.bnamericas.com/news/insurance/Arthur_J,_Gallagher_buys_brokerage_unit/180583264
* Insurance sector boosts 2009 earnings 73.7% - 02-16-2010 - Colombia
http://www.bnamericas.com/news/insurance/Insurance_sector_boosts_2009_earnings_73,7*/180583264
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