Chile News

Recent Quakes Push Interest, Sales of Policies in California

Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit …

Tsunami Advisory In Effect for Hawaii from Chile Quake

U.S. officials say they’ve found no imminent threat of a tsunami along the coasts of Hawaii, Alaska, California, Oregon or Washington after a major earthquake near Chile. Paul Whitmore, the director of the National Weather Service’s West Coast and Alaska …

Four Latin American Nations Agree to Remove All Trade Tariffs

Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the rest of the world. …

Euler Hermes and MAPFRE Form ‘Solunion’; a New Credit Insurance Venture

Euler Hermes and MAPFRE jointly announced the launch of “Solunion”- the brand name of their new credit insurance joint venture in Spain and four Latin American countries. Each partner owns 50 percent of the company, which is set to launch …

R K Harrison in Association with Chilean Broker Conosur

London-based R K Harrison Insurance Brokers and Conosur Corredores de Seguros Y Reaseguros (Conosur) announced that they have reached an exclusive agreement to cooperate on all new business emanating from Chile. The agreement covers both insurance and reinsurance opportunities that …

Willis Appoints Vaccaro CEO for Facultative Reinsurance Operations in Chile

Willis Group Holdings announced the further strengthening of its operations in Latin America with the appointment of Alejandro Vaccaro as CEO of the company’s Chilean facultative reinsurance division. He recently joined Willis from Aon Benfield on August 1, 2012 to …

Aon Benfield March Cat Recap: Severe U.S. Weather, Quakes & Floods

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during March. Published by Impact Forecasting, the firm’s …

AIR Analyzes Chile Quake: No Tsunami; Minimal Damages Reported

Catastrophe modeling firm AIR Worldwide’s report on the earthquake that struck central Chile on Sunday night concludes that, although the quake was a strong tremor – magnitude 7.1 – minimal damages are expected, and no significant loss of life has …

Quake Hits Central Chile; No Deaths or Serious Damage Reported

A magnitude-7.1 earthquake struck central Chile Sunday night, the strongest and longest that many people said they had felt since a huge quake devastated the area two years ago. Some people were injured by falling ceiling material, but there were …

Aon Benfield Analyzes Chile Quake ‘One Year On’

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has launched its new report: ‘Chile: One Year On’ ,which highlights how the earthquake tested the reinsurance market and outlines steps for insurers to prepare for future catastrophes. …