Latin American insurance market News

LAAIA Names Diaz-Padron President, Elects Other Board Members

The Latin American Association of Insurance Agents has elected new a new board of directors for the term that lasts through 2025. At its 53rd annual convention this month in Hollywood, Florida, the association named Juan Carlos Diaz-Padron, vice president …

Brazilian Lender BTG to Launch Insurance Units in Latin America

Grupo BTG Pactual SA, the Brazilian lender controlled by billionaire Andre Esteves, plans to start an insurance business in Chile, Peru, Colombia and Mexico. The first step will be to enter Chile’s annuity market, said Alejandro Montero, chief executive officer …

XL Group Names Eaton and Cole to Senior Marine Team Positions

XL Group said it has “has strengthened its Marine team by appointing Jonathan Eaton as Chief Underwriting Officer, Global Cargo and Neil Cole as Global Business Manager, Marine.” Both Eaton and Cole are based in London and report to Lee …