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Global Insurance and Reinsurance Bulletin Winter 2012

Hogan Lovells
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Argentina, Brazil, China, Ecuador, France, Germany, Peru, Russia, Spain, United Kingdom
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January 3 2013

Court has jurisdiction to sanction insurance business transfer involving Gibraltar authorised firm

Insurance companies must appear as co-defendants in claims for work accidents

Hogan Lovells
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Peru
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April 21 2011

A miner claimed against his employer for loss incurred as a result of his permanent invalidity caused by his employment as a miner for 13 years

The insured’s duty to properly maintain the insured property in damages policies

Kennedys
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Peru
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January 29 2010

There are no specific legal provisions that determine it is the duty of the insured to maintain the insured property in good condition while the policy is in effect

Peruvian regulator completes new microinsurance regulatory project

Edwards Wildman Palmer LLP
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Peru
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October 21 2009

Peru’s insurance regulator, the Superintendencia de Banca, Seguros y AFP ("SBS"), recently announced that it has completed its drafting of new proposed regulations regarding microinsurance, which will now be opened for comment

Costa Rican INS revives international expansion plans; double-digit market growth in Ecuador and Peru; IRB earnings decline 55.7 in Brazil

Edwards Wildman Palmer LLP
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Brazil, Costa Rica, Ecuador, Peru
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September 3 2009

As reported previously in this space, Costa Rica’s Instituto Nacional de Seguros’ international expansion plans were put on hold in May 2009 when the nation’s Comptroller General took the position that the INS was empowered only to partner with, not acquire or establish, foreign companies

Total premiums fall 12.3 in Chile; life insurance premiums grow by 25 in El Salvador, Peruvian market grows 20.2; Puerto Rican regulator denies plans to liquidate First Medical

Edwards Wildman Palmer LLP
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Chile, El Salvador, Peru, Puerto Rico
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August 11 2009

The Association of Chilean Insurers recently reported that total premiums fell 12.3 when comparing the first half of 2009 to the first half of 2008

Expansion into emerging markets a priority for insurance companies despite economic crisis; Grupo Mundial lays out plans for Costa Rica; Chilean insurer expands into Peru; premium growth in Guatemala and Venezuela

Edwards Wildman Palmer LLP
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Chile, Costa Rica, Panama, Peru, Venezuela
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July 24 2009

According to a recent Accenture study, cross-border expansion into emerging markets is a major short-term priority for insurance companies based in both developed and developing nations

Effect of the insured’s negligent conduct on indemnity

Kennedys
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Peru
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July 13 2009

Peru does not have uniform and systematised insurance case law, however, there is a tendency to moderate the effects of contractual conditions that limit insurer’s responsibility when the insured does not fulfil all the requirements of the contract

Latin American update: Brazil, Chile, Mexico, Peru, Venezuela

Edwards Wildman Palmer LLP
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Brazil, Chile, Mexico, Peru, Venezuela
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July 8 2009

Brazilian insurance and reinsurance regulator SUSEP recently issued guidance stating that it does not consider valid reinsurance issued to group health organizations, medical cooperatives and autogestion organizations

World Bank and others pledge US$90 billion in loans to Latin America and Caribbean over next two years; total premiums grow in Peru and Venezuela; Brazilian regulator approves two more occasional foreign reinsurers

Edwards Wildman Palmer LLP
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Brazil, Central & South America, Peru, Venezuela
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April 27 2009

The International Development Bank, World Bank Group, Andean Development Corporation, Caribbean Development Bank and the Central American Bank for Economic Integration recently announced their pledge to lend US$90 billion to Latin America and the Caribbean in the next two years

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Search results

Global Insurance and Reinsurance Bulletin Winter 2012

Insurance companies must appear as co-defendants in claims for work accidents

The insured’s duty to properly maintain the insured property in damages policies

Peruvian regulator completes new microinsurance regulatory project

Costa Rican INS revives international expansion plans; double-digit market growth in Ecuador and Peru; IRB earnings decline 55.7 in Brazil

Total premiums fall 12.3 in Chile; life insurance premiums grow by 25 in El Salvador, Peruvian market grows 20.2; Puerto Rican regulator denies plans to liquidate First Medical

Expansion into emerging markets a priority for insurance companies despite economic crisis; Grupo Mundial lays out plans for Costa Rica; Chilean insurer expands into Peru; premium growth in Guatemala and Venezuela

Effect of the insured’s negligent conduct on indemnity

Latin American update: Brazil, Chile, Mexico, Peru, Venezuela

World Bank and others pledge US$90 billion in loans to Latin America and Caribbean over next two years; total premiums grow in Peru and Venezuela; Brazilian regulator approves two more occasional foreign reinsurers

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