Kennedys adds Argentinean office

Insurance specialists Kennedys announced its associated office in Buenos Aires, Alberto Bunge & Associates, is to become a full member of the firm. 

Alberto Bunge & Associates had a formal association with Kennedys since January 2016 and will now become its sixth office in Latin America. The focus of the office will remain on larger and complex insurance and reinsurance matters, including coverage, defence and policy wording for all lines, particularly property and casualty, energy and financial lines.

Kennedys has been on expansion mode in the region since 2016 and now has a presence in Brazil, Chile, Colombia, Mexico, Peru in addition to a growing regional hub in Miami, which opened in 2010.

Argentina remains the third largest economy in Latin America, behind Brazil and Mexico in terms of both GDP and insurance and reinsurance premiums, said the firm in the statement, adding that a significant number of international insurers and reinsurers have local offices including Berkley, Chubb, Fairfax, Generali, IRB, Liberty, Mapfre, Munich Re, QBE, Sura, XL Catlin and Zurich.

Ignacio Abella