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Global Transactional Risk Report

Latin America and the Caribbean

Cityscape, Cartagena de Indias, Colombia.

Insurer appetite for Latin American deals increased in 2022.

Despite the limited market in the region for transactional risk insurance, our team placed policies for assets located in Mexico, Chile, and Uruguay last year. There was a substantial increase in interest from clients in Brazil, Peru, Colombia, Argentina, Guatemala, Puerto Rico, and Panama.

The region saw an increase in underwriting capacity and coverage expansion. More than 11 insurers have expressed interest — via their hubs in New York, London, and Spain — in underwriting Latin American transactional risk and are either already active in the region or seeking capacity to expand their coverage into these territories. Marsh has invested in regional resources to educate clients in Latin America and their legal advisors on the benefits of using transactional risk insurance.


Global Transactional Risk Report 2022

Other regions

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. LCPA 23/075

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”