2021 Insuralex report: Insurers ´subrogation in Latin America: An overview
Tuesday, 19 October 2021
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 in each country. For instance, in some jurisdictions the right of subrogation applies to any insurance type, while in others certain types of insurance are
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2021 Criminal prosecution of insurance fraud in LatAm
Wednesday, 09 June 2021
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 conduct as a crime in their criminal law. Others, on the other hand, have opted for a generic criminal offense, such as fraud, which could
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On the legal actions brought in the United Kingdom, France and the United States for business interruption insurance under COVID-19
Thursday, 11 March 2021
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 the international market regarding insurance for SMEs and the impossible correspondence with Latin American reality. – V. Final comments on the international insurance market. –
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2021 Liability insurance in Latin America: An overview
Monday, 08 March 2021
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 regimes applicable under each jurisdiction. For this publication, the Latin-American members of Insuralex made a legal overview of the key aspects of the regulation and
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Impact of COVID-19 on Operational and Contractors’ All Risk insurance contracts
Friday, 05 March 2021
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 Risk – IV. Contractors’ All Risk V. – Conclusions – VI. Sources. I. Introduction.- Since March 3, 2020, the date on which the World Health
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FREE Insuralex Webinar: Insurance digital commercialization in Latin America
Wednesday, 14 October 2020
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 to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several
FREE Insuralex Webinar: Insurance digital commercialization in Latin America
Tuesday, 29 September 2020
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 to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several
- Published in News + Articles
2020 Insurance digital commercialization in Latin America report
Monday, 07 September 2020
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 to the Covid-19 pandemic, whose effects prevented the insurance market from commercializing its products through the customary mechanisms. As jurisdictions in Latin America have several
- Published in Reports
2020 (Re) Insurance arbitration in Latin America report
Wednesday, 17 June 2020
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 and high qualified and specialized arbitrators, generating confidence, guaranteeing access to the administration of justice and relieving congestion in the ordinary jurisdiction Arbitration regulations in
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FREE INSURALEX WEBINAR: Impact of Covid-19 on the Latin American (Re) Insurance Industry (II)
Tuesday, 28 April 2020
This is the second of two unparalleled webinars offering a regional overview about the impact of the Covid-19 on the Latin American (Re) Insurance Industry. This webinar is aimed at and designed exclusively for insurance and reinsurance professionals, as well as (re)insurance intermediaries. Countries covered: Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru and Venezuela. Topics:
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