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Apr
03

The Dengue Threat Abroad and At Home

Thanks to modern advances in health care and disease control, traveling abroad is not nearly as dangerous as it once was: yellow fever can be prevented with a vaccination, Imodium will slow a gurgling gut, and bottled water can ward off everything from E. coli to cholera. However, there is one tropical disease that is not only increasing in prevalence, but also cannot be immunized against:…

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Sep
05

Swiss Re Wants Local Reinsurance License in Brazil

Swiss Re announced this past week that it had submitted its application to Brazil's industry regulator, the Superintendence of Private Insurance (SUSEP), for a local reinsurance registration in the populous South American country. A local license would enable the world's second largest reinsurance firm to better participate in the emerging Brazilian insurance industry, servicing a more comprehensive…

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Apr
28

Insurance Groups Lobby Brazilian Government for Reinsurance Rules Change

A coalition of 18 international insurance associations from Europe, Asia and the Americas have drafted a letter to the Brazilian government, petitioning them to reconsider two recently enacted reinsurance regulations that could threaten the market and severely reduce the availability of insurance in Brazil, including coverage for the upcoming 2016 Olympics and 2014 FIFA World Cup being held in the country.

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Aug
12

Allianz and Volkswagen Extend Old Partnership and Target BRIC

Allianz Global Automotive and Volkswagen Financial Services have recently signed a letter of intent which will see the two companies agree to continue collaborating and strategically expand their 60 year old successful partnership.

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Jul
30

Launch of RCM Fund in Brazil by Allianz

The UK's Financial Services Authority (FSA) has given authorisation to Allianz for the launch of Rosenberg Capital Management (RCM) fund in Brazil on 07 October 2010. The fund will be actively managed by a UK-domiciled Brazilian Open Ended Investment Company (OEIC), something that had never been done before.

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Jul
21

Lloyd's Insurer Navigators Appoints Representative in Rio de Janeiro, Brazil

Lloyd's of London Syndicate 1221, which is a wholly-owned subsidiary of US-based Navigators Group Inc., has recently announced the appointment of a representative in Brazil.

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Feb
09

Allianz Buys Up Remaining Stake in Allianz Seguros from Itaú Unibanco

This January, Allianz cemented its control of Brazilian subsidiary Allianz Seguros after it purchased the remaining 14% of the subsidiary's shares from Itaú Unibanco. Allianz Seguros is one of the top 7 insurers participating in Brazil's property and casualty insurance markets…

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