Reinsurance News

Latin America

Latin American reinsurance market maintains growth despite prolonged soft cycle: AM Best

7th September 2026

AM Best, a global credit rating agency specialising in the insurance sector, says the Latin American reinsurance market has remained resilient despite weaker economic growth, significant catastrophe exposures and a prolonged soft market. Its September 2026 Market Segment Report highlights continued premium growth, abundant reinsurance capacity and opportunities created by the ... Read the full article

Reports suggest Colombia quake will drive insured losses across multiple lines in LatAm market

13th August 2026

Higher earthquake insurance penetration in Colombia is expected to mean the magnitude 7.4 quake that struck the country will generate an insured loss for the wider Latin American insurance market, according to global reinsurance broker Guy Carpenter, a Marsh business. The earthquake struck western Colombia on 10 August, with its epicentre ... Read the full article

ASR names Hernández Regional Lead, Latin America

15th July 2026

Yelhis Hernández has been appointed Regional Lead, Latin America by Africa Specialty Risks (ASR), a developing markets-focused re/insurance group. In her new position, based in Mexico City, Hernández will be responsible for expanding ASR's regional presence and driving its growth strategy, reporting to Amit Khilosia, Chief Distribution Officer. Her role will centre ... Read the full article

Latin America attracting broader and more competitive reinsurance market: Howden Re

30th June 2026

Howden Re has suggested that the 1 July 2026 reinsurance renewal in Latin America completed in a market defined by abundant capacity, intensifying competition and a growing appetite for structural innovation, with property catastrophe excess of loss programmes seeing rate reductions in the range of 15% to 20%. At the 1 ... Read the full article

Lockton Re launches Brazil ILS platform

22nd May 2026

Lockton Re, the reinsurance business of independent insurance broker Lockton, has announced the launch of a dedicated insurance-linked securities (ILS) platform for Brazil. The reinsurance broker has fully deployed its advisory and structuring capabilities through locally licensed Special Purpose Securitization Entities (SSPE) dedicated to Brazil's Letra de Risco de Seguro (LRS) ... Read the full article

Aon reshapes regional leadership team with senior appointments across EMEA and LatAm

19th May 2026

Aon, the global professional services company focused on risk, health and wealth solutions, has announced a series of leadership changes affecting its EMEA and Latin America (LatAm) operations, including the appointments of Kai-Frank Buechter and Tracy-Lee Kus as co-CEOs for EMEA from 1 June. Under the revised structure, Buechter will ... Read the full article

Pro Global strengthens LatAm offering to support growth and a complex insurance market

15th May 2026

Pro Global, a specialist adviser to the specialist insurance sector, has strategically strengthened its offering in Latin America to support growth and increasing operational complexity in the insurance market. The strategic move is designed to address the growing operational, financial, and cross-border demands of insurers, reinsurers, and brokers across the region. To ... Read the full article

Alejandro Pedroza to lead MISSION’s recently launched Latin America platform

30th March 2026

MISSION Underwriters, a technology-driven program administrator, has announced the launch of its Latin America platform, alongside the appointment of Alejandro Pedroza as President, Latin America, a newly created role. Operating from Miami, MISSION’s Latin America platform will focus on building specialised facultative reinsurance programmes and expanding the company’s presence across key ... Read the full article

Pro Global expands Latin American operations to support growing demand

24th March 2026

Pro Global, a specialist adviser to the specialist insurance sector, is accelerating its expansion in Latin America through continued investment in its regional headquarters in Argentina. This growth reflects increasing adoption of outsourced and hybrid operating models among international and domestic carriers, brokers and managing general agents (MGAs). Pro Global has maintained ... Read the full article

DUAL and LSM form Property and Financial Lines partnership in Latin America

10th March 2026

DUAL Latin America has partnered with Liberty Specialty Markets Latin America (Liberty), part of Liberty Mutual Insurance Group, to deliver enhanced Property and Financial Lines capacity in the middle market segment for brokers and clients across the region. The partnership, which comes as a response to growing market demand, reportedly places ... Read the full article

Price Forbes names Raimundo del Río as Chilean CEO

10th March 2026

Global specialty broker Price Forbes has appointed Raimundo del Río as its new Chief Executive Officer (CEO) for Chile. In his new role, he will lead the Chilean operation together with the existing local team, building on the strong foundations already in place. del Río is an industry veteran with over 17 ... Read the full article

Augment Risk adds weather and parametric risk capabilities to its LatAm platform

19th February 2026

Augment Risk, a risk capital and reinsurance solutions broker, has expanded the capabilities of its Latin American (LatAm) platform to include specialist weather parametric and structured weather risk transfer capabilities. The broker explained that this expansion aligns with its capital first philosophy, structuring risk solutions around clients’ financial and liquidity needs, ... Read the full article

Lockton Re expands LatAm & Caribbean capabilities with new appointments

10th February 2026

Lockton Re, the reinsurance business of Lockton, has expanded its Latin America & Caribbean capabilities with the appointment of Dario Luna joins as Regional Leader of Strategic Risk Solutions, and Antonio Rodriguez as Treaty Reinsurance Associate Solutions. In his new position, Luna, who brings over 25 years of experience, will focus ... Read the full article

MNK International launches new Brazil brokerage led by Sergio Clark

9th February 2026

MNK International, a leading independent Lloyd’s of London broker and part of the MNK Group, has announced the launch of MNK International Brazil, a new brokerage offering re/insurance solutions, led by CEO Sergio Clark and International Director Alexandre Dabus. Headquartered in São Paulo, MNK International Brazil will reportedly help Brazilian clients ... Read the full article

LatAm insurtech investment surges 117% in 2025: Mapfre

6th February 2026

The Latin American (LatAm) insurtech market continued its recovery and maturation in 2025, with the number of active companies standing at 536 and investments reaching US$199 million, according to findings from Mapfre’s 11th edition of the ‘LatAm Insurtech Journey’ report. Investment surged 117% year-on-year, making it the third-strongest year on record ... Read the full article