Zelle LLP (JD Supra Argentina)

Following last year’s elections, the political and economic landscape is changing in Argentina. Where new economic opportunities arise, (re)insurance follows. Along with new demand for commercial insurance products, the legal framework of (re)insurance is ripe for reform. Currency exchange and transfer rules have been lifted providing a degree of welcomed certainty by foreign (re)insurers...

Latin America presents excellent opportunities for the global (re)insurance industry. But, there are a number of important considerations for insurance and reinsurance companies underwriting risks in the region. This article addresses some critical issues relating to underwriting first-party property risks and handling claims in Argentina. Originally published in Insurance Law360 on June 19