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Market growth in Colombia, Ecuador and Nicaragua; Solvency II program in Colombia; Venezuelan companies may need to seek coverage from foreign reinsurers

  • Edwards Wildman Palmer LLP
  • -
  • Colombia, Ecuador, Nicaragua, Venezuela
  • -
  • July 31 2009

Swiss Re recently reported in its Sigma publication that the Colombian insurance market grew by 14.9 over the last year

Premium growth results and forecasts

  • Edwards Wildman Palmer LLP
  • -
  • Argentina, Brazil, Colombia, Mexico, Puerto Rico, Venezuela
  • -
  • July 27 2009

Mapfre’s Latin American operation, Mapfre America, recently announced that its net profits increased 25.0 and its total premiums 20.3 when comparing the first half of 2009 to the first half of 2008

Colombia revamps cross-border insurance regulations to comply with free trade agreement with the United States

  • Edwards Wildman Palmer LLP
  • -
  • Colombia
  • -
  • July 29 2009

In order to comply with its free trade agreement with the United States, the Colombian legislature recently passed legislation revising various provisions of the nation’s insurance laws so as to allow certain cross-border insurance activities