XL Catlin marks 20 years of reinsurance business in Colombia

Company hopes its business in the region continues to flourish

XL Catlin marks 20 years of reinsurance business in Colombia

Insurance News

By Lyle Adriano

XL Catlin is celebrating the 20th anniversary of its reinsurance operations in Colombia.

“Since 1998 our talented team of experts has been focused on providing dedicated underwriting solutions to our clients in Colombia and the broader Latin American region,” said XL Catlin chief executive Asia-Pacific, Latin America & global credit and surety Peter Schmidt.

“We have established ourselves as an important business partner to our clients by providing a broad range of global reinsurance solutions. This was made possible by strong collaboration with our clients and brokers, many of whom have worked with us for the past two decades.”

The company has hubs in Bogotá, Buenos Aires, São Paulo, and Miami. XL Catlin’s team underwrites accident & health, agro casualty, aviation, credit, marine, property, and surety lines.

“Colombia has been a remarkable home for our Latin American reinsurance operations,” commented XL Catlin underwriting director and head of reinsurance in Colombia Emmanuel Jacquemin. “This year presents a great opportunity to reflect on our development in Colombia, while also of course remaining focused on the future.”

“Keeping up with the pace of change is an exciting challenge for the industry – we will continue to work hard to come up with innovative solutions to respond to the changing risk landscape of our clients and to contribute to the closing of the protection gap,” Jacquemin added.

Schmidt concluded by calling XL Catlin’s Colombia operations one of the company’s “significant contributors” to its overall success. He mentioned how the company is committed to the regional market and is looking forward to growing the business further while serving the needs of clients.

 

 

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