This session examines the macro risk picture in Latin America, the state of the insurance market for this evolving region and when and how these regional risks can be included within the global program. Core questions to be tackled include:

• What is the current economic and political outlook in the major economies of Latin America for multinationals currently operating or seeking to operate in this region?
• How does insurance regulation differ in Latin America to North America?
• What are the problem areas to look out for?
• What are the barriers to the export of risks out of the region to North America through local retention rules and the like?
• Is there adequate capacity locally for risk in the region and what is the current state of the markets?
• Can Latin American companies secure adequate capacity at a reasonable cost in the current tough market?
• Do multinationals that operate in this region typically include these risks within their global programs and what are the advantages and challenges?
• Can captives be used to help manage and organize these risks and what is the best way of doing this?
• What is the outlook for the Latin American insurance market looking forward?
• What are the main risks within the political, violence and terrorism (PVT) arena within this region and is there adequate capacity available for these risks?