IBA Latinoamericana S.R.L has received very interesting appointments during this year 2016, in addition to the losses in course.

As usual, this occurred in the four countries where we develop our activity, namely Argentina, Bolivia, Paraguay and Uruguay.

These appointments were related to various areas, among which losses in infrastructure works (generation of conventional and alternative energy), civil works, electric mounting, guarantees /security and operative, such as damage and theft of heavy machinery for works and agriculture, and electronic equipment, damage related to weather phenomena (wind storms and inundation) and important fires in works, industries and commercial premises (stores and warehouses).

Among the items we consider important in each country, we may mention in Argentina the railroad works, roads and private dwellings and electrical infrastructure /communications and mining /petroleum; in Bolivia, energy, roads, agricultural industries and mining; in Paraguay road and electrical infrastructure works, services, agricultural industries and in Uruguay services, energy, among which also non conventional energy, and port installations.

As usual due to the weather conditions in this season of the American continent, since late November and up to the month of April, the fire losses and those related to weather phenomena considerably increase.
Furthermore, we have also received Third Party Liability claims in respect of damage in works and of products, several of which complex and severe. football today

Our firm was also appointed to audit and technically analyse several cases which are already at the judicial stage, in order to have our opinion on the cause of these claims, cover and evaluation and in many complex cases we are requested to find a solution for these cases.

Our appointments, in a high proportion were made by or due to the recommendation of international Reinsurers and Insurers, taking into account our experience in each country and having the assistance of technical teams and strategic associates with wide knowledge of the respective markets.

We may say with pride that in the appointments received in each country the involved Insurers have first-level Reinsurers, and they have considered us a valid alternative, for which we are grateful.

Of course, our alliance EBD enhances us as a valid alternative to continue receiving appointments from the important Reinsurers, due to the logistics and professional support obtained from the various offices strategically located in Latin America, thus having in all the countries highly qualified specialists in all the branches of the market.
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