Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Brazil stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year. 

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Read More Brazil: Major Insurance and Reinsurance Developments in 2008

Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Argentina stands out as particularly significant given the size of the market involved and the fundamental nature of the developments seen there in the past year. …
Read More Argentina: Major Insurance and Reinsurance Developments in 2008

Los mercados latinoamericanos de seguro y reaseguro siguen creciendo para servir las economias dinamicas de la region y la creciente demanda consumidora.  Previamente cerrados a competicion extranjera en los areas de seguro y reaseguro, los paises latinoamericanos siguen liberalizando sus sistemas regulatorios para conformar con los requisitos de acuerdos de comercio libre con los Estados Unidos y Europa y para satisfacer a demandas nacionales para mejores productos y precios. 

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Read More Presentacion Electronica Gratis: Mercados (Re)emergentes: Sucesos Importantes en Los Mercados Latinoamericanos de Seguro y Reaseguro

On January 14, 2009, the U.S. House of Representatives passed the Children’s Health Insurance Program Reauthorization Act of 2009 (H.R. 2) (the “Act”) by a vote of 289-139.  The Act would expand coverage and extend the effective date of the State Children’s Health Insurance Program (“SCHIP”), which is set to expire at the end of 2009 fiscal year. 

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Read More SCHIP Bill Passed Again By House

At 1:21 p.m. local time on January 8, 2008, an earthquake measuring 6.2 on the Richter scale occurred in the Central American country of Costa Rica.  It left 18 people dead, 40 missing and hundreds injured.  The earthquake also caused landslides that blocked a number of roads, displaced approximately 1,200 residents and damaged several hotels and major businesses. …
Read More (Re)emerging Mercados: Significant Recent Developments in the Latin American Insurance and Reinsurance Markets

This past year we’ve followed the U.S. Supreme Court’s decision in Hall Street Associates, L.L.C. v. Mattel, Inc., No. 06-989 (U.S. Mar. 25, 2008), and whether courts have interpreted it as eliminating the doctrine of manifest disregard of the law, a judicially-created concept that provides parties with a basis for challenging an arbitration award beyond those grounds enumerated in the Federal Arbitration Act (“FAA”). …
Read More Did Hall Street Eliminate Manifest Disregard of the Law as a Valid Basis for Vacating or Modifying Arbitration Awards? A 2008 Summary of Conflicting Decisions

In its January 12, 2009 edition, Insurance Day identified Brazil, Argentina, Mexico and Venezuela as offering attractive “potential opportunities . . . for insurers looking to expand.”  Brazil has received much media and industry attention over the past year in connection with the opening of its reinsurance market to foreign competition, and has been much discussed in this space (see here). 

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Read More Insurance Day Tags Brazil, Argentina, Mexico and Venezuela as “Markets to Watch in 2009”

Latin American countries are liberalizing their regulatory schemes to conform to the nations’ free trade agreements with Europe and the United States and to satisfy internal demands for better pricing and products.  With economic conditions continuing to deteriorate in many of the world’s largest economies, international companies are taking a closer look at Latin America as a potential alternative market for investment and operations. …
Read More Reminder: Free Webinar on January 21, 2009: (Re)emerging Mercados: Significant Recent Developments in the Latin American Insurance and Reinsurance Markets