LatAm region is resilient but faces challenging times, says AM Best
Despite the “myriad external shocks and domestic political instability” the Latin American economy has been relatively resilient, according to AM Best’s “Economic Review” published in June, with gross domestic product (GDP) growing by 4% in 2022.
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25 September 2023 Property and casualty may be the undisputed core of the reinsurance market in Latin America, but regional reinsurers are beginning to shift away from catastrophe exposures: AM Best.
25 September 2023 Global reinsurers’ limited appetite for Latin America business has created opportunities for domestic and regional reinsurers, according to a new AM Best report.