2021 Insuralex report: Insurers ´subrogation in Latin America: An overview

The right of subrogation of insurers is a common institution in most Latin American countries. However, although in all cases law establishes the right, the conditions regulating its exercise differ
Tagged under: , , ,

2021 Criminal prosecution of insurance fraud in LatAm

One of the great challenges facing insurers today is to have effective tools against insurance fraud. To this purpose, some Latin American countries have opted to include this type of
Tagged under: , , ,

On the legal actions brought in the United Kingdom, France and the United States for business interruption insurance under COVID-19

IMPACT ON LATIN AMERICA AND ARGENTINA1 SUMMARY: I. Introduction. – II. Uninsurable risk. – III. Coverage for small and medium-sized enterprises (SMEs) and business interruption. – IV. Legal actions in
Tagged under: , , , ,

2021 Liability insurance in Latin America: An overview

Liability insurance is one of the main lines of business in Latin America. It comprises several risk-transferred based products to offer depending on the insureds’ special needs and the liability
Tagged under: , ,

Impact of COVID-19 on Operational and Contractors’ All Risk insurance contracts

Impact of COVID-19 on Operational and Contractors’ All Risk insurance contracts1   SUMMARY: I. Introduction – II. Pandemics versus epidemics and insurable risks versus uninsurable risks – III. Operational All
Tagged under: , , , ,

Impact of COVID-19 on the operational and construction all risk insurances

Our exclusive member of Argentine has published an article (in Spanish) on the Impact of COVID-19 on the operational and construction all risk insurances. Please find the article below. The
Tagged under: , ,

2020 Insurance digital commercialization in Latin America report

Digital commercialization for insurers in Latin America ceased to be a long-term development project to became a top priority to them. It gained special relevance during the year 2020 due
Tagged under: , ,

2020 (Re) Insurance arbitration in Latin America report

The use of alternative dispute resolution mechanisms for insurance and reinsurance has become a growing practice in Latin America. In particular, arbitration has been widely accepted as offering flexibility, celerity
Tagged under: , , ,

2020: Taxation on reinsurance premiums in Latin America

The world’s main reinsurance markets typically provide its services on a  cross-border basis for Latin American based cedants, considering that the reinsuring capacity within the region is limited, in comparison
Tagged under: , ,

2020 Parametric Insurance in Latin America: An overview

The use of parametric insurance as an alternative to traditional indemnity-based insurance has increased over the last twenty years, particularly as a mechanism for insuring against extreme weather risks. Following
Tagged under: , ,