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ARTICLE · 07 NOVEMBER 2019

Chile, Bolivia And Ecuador: What Insurers Should Know

DAC Beachcroft LLP
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Protests in Chile began over a proposed price hike in subway tickets in the capital city of Santiago but have since developed into larger demonstrations

GlobalInsurance
Andrés Amunátegui Echeverría
Andrés Amunátegui Echeverría
Sascha Stullenberg
Sascha Stullenberg

In recent weeks the LATAM region has experienced crises which will impact insurance coverage in the region:

Chile

Protests in Chile began over a proposed price hike in subway tickets in the capital city of Santiago but have since developed into larger demonstrations, which have seen areas vandalised, including shops and businesses.

Since the 19th October a number of cities have been under curfew (8pm to 6 am) and declared in a state of emergency.

As a result Sebastian Pinera, Chile's president, met with all relevant political parties. This resulted in the proposal of a number of political, economic and social measures that are currently being debated in Congress.

Bolivia

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