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Friday, November 20, 2009
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Head of insurance area
everis
The global financial crisis brought the issue of risk management into the spotlight like never before. Today, leaders of the world's biggest economies are still arguing over the best way to regulate and reduce risk in the global financial system, to avoid another crisis in the future. Spanish consulting firm everis recently released a study that compares risk management issues and practices in the Latin American and European insurance industries. BNamericas spoke to Daniel Povedano, who was
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CEO, President, Latin America
Coface
November 13, 2009
credit insurance industry in Latin America is still a relatively niche market, but it is a fast-growing market in many of the region's countries. What is driving growth is a growing awareness among company owners in the region of an important ingredie
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VP public sector unit , VP insurance-linked securities
Swiss Re
November 06, 2009
ico in late October became the first country to access the capital markets through the World Bank's (WB) new MultiCat catastrophe bond issuance program.
The MultiCat program gives governments a new way to insure themselves against the risk of natural
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October 30, 2009
Liberty takes on bancassurance, Brazil's slight recession
Luis Maurette
CEO
Liberty
October 23, 2009
"In order to grow in Latin America we will become a local player in every one of the markets where we operate"
Armando Senra
Latin America and Iberian Peninsula CEO
BlackRock
October 16, 2009
"We're going to end up with 10 major insurers, with the other ones seeking out niches"
Milton Bellizia
CFO
Marítima Seguros
...October 09, 2009
The pension business gets ready for Brazil's new long-term outlook
Tarcísio Godoy; Marcelo Wagner
CEO; head of risk management and planning
Brasilprev
...October 02, 2009
"AFPs are investing more in economies that should come out of the crisis faster"
William Baeza
Financial analyst
EuroAmérica
...September 25, 2009
Working on integration, while adding Porto Seguro to the mix
Zeca Rudge
Executive VP
Itaú Unibanco
...September 17, 2009
BancoEstado's entry into the voluntary pension business
Pedro Rojas
General manager
BancoEstado Administradora General de Fondos
...September 11, 2009
Brokers, agents brace for tough year-end
Rafael Morfín
President
Amasfac
...September 04, 2009
Munich Re willing to invest in Latin American countries with growth potential
Rudolf Lenhard
CEO, International Life Reinsurance
Munich Re
...Published: Friday, November 20, 2009
JMalucelli Resseguradora, the reinsurance unit of Brazilian financial group Paraná Banco, provided more information this week on its plans to expand in Latin America in the surety bond segment, saying it has now been approved to enter Ecuador, the Dominican Republic, Costa Rica, Paraguay and Uruguay, and is still waiting to hear from Chile, Mexico and Argentina.
The company's CEO also said two more reinsurance partnerships are in the works locally with foreign players looking to get into the Brazilian market, with official announcements possible for early next year. While JMalucelli Re will expand abroad in a limited fashion, with a small number of companies in each country, through these new partnerships in Brazil it intends to branch out from surety bond coverage to new segments.
This provides some clarity regarding the company's plans and motivations, showing that it is interested in much of the region as well as strengthening its presence and scope at home.
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November 24, 2009
Banking and insurance group Bradesco to hold investor day at NYSE Euronext in New York. - Brazil
November 25, 2009
Dutch financial services group ING to hold extraordinary shareholders meeting. - Regional
November 26, 2009
Thanksgiving Day, US markets closed. - Regional
November 29, 2009
Presidential elections. - Honduras
November 29, 2009
Presidential run-off election. - Uruguay
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