Latin America has always had a dynamic insurance market, and it continues to do so with major influence by brokers on the scope and enforcement of insurance products. Despite of the worldwide COVID pandemic LATAM and South Africa zones’ potential remains high, with its economic buoyancy raising hope for regular premium growth.
Thus, the Management of Mandarin Re has made a trip to many countries as a part of continued efforts to develop and promote its reinsurance activity. During the business trip Mandarin Re visited Mexico, Guatemala, Panama, Dominican Republic and Egypt and had more than 15 meetings with international brokers.
No doubt these negotiations mark the beginning of new cooperation and prosperity for mutually beneficial relations. What is more important is that some of the brokers has started to provide our company with new proposals and Mandarin Re strives to give the best reinsurance coverage in accordance with their needs.
Unfortunately, some countries the Management of Mandarin Re (MRL) was unable to visit due to Covid entry restrictions. However, we were able to conduct Zoom meetings with some brokers from these countries and had a pleasure to introduce ourselves and share with some information about MRL’s activity.
Our company express its deepest gratitude for the hospitality of all the participants and look forward to developing partnership in future!