New studies from A.M. Best and Aon Benfield provide the greatest detail yet on individual firm losses from 3Q17 disasters and Caribbean-specific economic and insurance industry impacts from Hurricanes Irma and Maria.
Executives from Oracle, Banco de Chile and Sky Airlines discuss their thoughts on digital transformation and what they are doing to leverage this trend.
P&C insurer Orion received a claim after more than US$25.6mn was stolen from a secure logistics company in capital Santiago last year.
Hoping for 20% premium growth this year, the unit's CEO said they are working to expand their sales force, reaching out to families in lower income brackets and developing technology to help inform users.
At the end of 2016, 8.2% of the Latin American population had at least one microinsurance policy, representing a total of 52.1mn insurees and a premium volume of US$420mn.