Latin America
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Reinsurers’ average RoE was 16% as of September 2025. -
The company also promoted Zulma Suarez to CEO of Colombia and Venezuela.
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This publication revealed earlier Everest could sell its LatAm and Canadian units.
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The London-based MGA will begin underwriting its international book next month.
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It is understood that Liberty will halt support for property lines in the LatAm region effective 2026.
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The capacity deal comes over a year after Dual recruited Marilena Rodriguez Forero as CEO for the region.
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Sources said the executive will report to Julian Pratt in South Florida.
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The deal would follow AJG’s regional acquisitions of THB Chile, Brazil’s Case or the Colombian retail book of Itau.
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Sources said that the businesses in Canada and LatAm were part of Everest’s original plans to sell its retail book.
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The reinsurer also hired Martin Bages as Latin America and Caribbean head.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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The facility provides coverage for property, terrorism, energy, construction and utilities risks.
