Parametrics, cyber and D&O are set to take off in 2018
(Re)insurers in Latin America are being confronted with various
new impact scenarios, which are leading to demand for new or
additional coverages.
New approaches to risk transfer such as parametric insurance for
loss resulting from weather and catastrophic events have begun to
arrive in Brazil, expanding the range of risks that can be covered.
The country has just seen its first climate-indexed parametric
insurance policy offered by Swiss Re to a large agribusiness
corporation, and we expect that this will now develop further in
the country and elsewhere in the region.
A second impact scenario is the consequence of corruption.
Operation Car Wash in Brazil, and its developing equivalents in
other countries, have become a trigger for companies to purchase
D&O liability insurance policies, as domestic and multinational
companies have found themselves embroiled in bribery,
anti-competition, and other
