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16 October 2017
SUSEP regulation 553/2017

On 23 April 2017, SUSEP, the Brazilian insurance authority, issued its suspension of Regulation 541/2016--its most recent regulations on D&O insurance.
16 June 2017
On 17 December 2014, President Obama issued a presidential policy directive normalizing relations between the United States and Cuba in an effort to further engage and empower the Cuban people.
14 June 2017
In late 2016, the Argentine Insurance Regulator (SSN by its Spanish initials) made official its modifications to reinsurance regulations, which have had a significant impact in the local reinsurance market and has opened doors for international reinsurers.
27 April 2017
Peruvian Labour Minister, Mr Alfonso Grados, has publically announced that the Ministry of Finance and Economy is considering taking on an unemployment insurance program by the third quarter of 2017. Unemployment insurance was one of President Kuczynski most controversial campaign promises.
27 March 2017
Two recent decisions of the Court of Appeal provide useful guidance on the validity of demands made under standby letters of credit or other Autonomous Demand Guarantees provided by way of security in circumstances where a final determination in law on amounts owing under the underlying contract is not available.
7 February 2017
Towards the end of 2016, news broke of a Brazilian Federal Police investigation designated Operation Greenfield, a major fraud investigation that the Brazilian press has labelled the “new Lava Jato”.
8 July 2015
On 4 April 2015, Mexico officially welcomed its new Insurance and Surety Institutions Law (Ley de Instituciones de Seguros y Fianzas) marking, amongst other things, a new regulatory framework on insurance surety law.
3 November 2014
Hurricane Odile was one of the most intense tropical cyclones to have ever hit the Baja California peninsula, Mexico. The cyclone made landfall near Cabo San Lucas, as a category 4 cyclone, in mid-September 2014 causing widespread damage.
21 August 2014
Mexico appears to be on the brink of transformational economic and political success. It began with a decade-long process of democratisation, the implementation of the North American Free Trade Agreement with the US and Canada in 1994 and then strong macroeconomic governance. These changes have helped establish a large and growing middle class and an open and business friendly environment – at least by Latin American standards.
26 June 2014
Welcome to this month’s issue of Insurance Brief.
In this edition, we report on a recent Court of Appeal decision that revisited the issue of strict liability in nuisance claims, as well as a High Court decision concerning the application of conditions precedent.
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