December 4, 2024
Mexico’s state-run oil company, facing heightened scrutiny over a string of deadly accidents at its facilities, set an ambitious goal early this year: No more fatalities. Just weeks after announcing that target, an explosion at a Petroleos Mexicanos oil platform …
July 25, 2024
An explosion and fire erupted inside a tequila factory Tuesday, killing at least five workers and injuring two others at the site in the liquor’s namesake town in Jalisco state, Mexican authorities said. The state Civil Protection agency announced late …
May 30, 2024
Everest, the Bermuda-based specialty re/insurer, announced it has received regulatory approval to begin operating in Mexico. Trading as Compañía de Seguros Generales Everest México S.A. de C.V., the unit is headquartered in Mexico City and is led by Jaime Chaves …
March 26, 2024
A U.S. judge on Monday ruled that the Mexican government could move forward with a lawsuit accusing five Arizona gun dealers of participating in the trafficking of weapons and ammunition to drug cartels across the U.S.-Mexico border. U.S. District Judge …
July 25, 2022
BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re. The terms of the transaction were not disclosed. Established in 1996, Calomex delivers reinsurance solutions to Mexican surety providers, …
May 26, 2022
Mexico will go to local and international courts if there is no agreement with U.S. firm Vulcan Materials over its mining activity in the eastern state of Quintana Roo, President Andres Manuel Lopez Obrador said on Wednesday. The Mexican government …
September 27, 2021
Mexican startup Super, which offers coverage for earthquake property damages, plans to expand into hurricane insurance and possibly raise a fresh funding round next year, according to chief executive officer and founder Sebastian Villarreal. The company, which launched in 2019, …
September 19, 2019
Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. “Latin America is a key market for Lloyd’s, with premium close to US$1.5 billion,” said Daniel Revilla, regional head, Latin …
May 23, 2019
Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced it has launched a reinsurance operation under Lloyd’s registration in Mexico to serve clients in Mexico and Central America. The operation will be headed up by Rosa Flores, general …
January 30, 2019
Octo Telematics, the Rome-based provider of telematics and data analytics solutions for the auto insurance industry, has partnered with Qualitas, Mexico’s largest auto insurer with operations throughout Mexico, Latin America and the United States. Qualitas, which has more than 4 …