XL Catlin’s Insurance segment today announced the opening of its second office in Brazil, located in Rio de Janeiro.
The city is one of South America’s fastest-growing cosmopolitan hubs, due to an increase in new business opportunities, partly generated by the preparations being made for the 2016 Olympic Games.
XL Catlin’s Insurance segment has more than 50 employees in Brazil already and plans to develop its Rio de Janeiro office to meet the demand for bespoke insurance solutions in the region.
Commenting Renato Rodrigues, Country Manager for Brazil for XL Catlin’s Insurance segment said: “We are very proud to announce the opening of our new office in Rio de Janeiro. This is a truly vibrant city, with the Olympic Games attracting significant investment here. It is also the headquarters of many major national and international companies. Some of our biggest lines of business such as Marine and Construction lines are in high demand in the region.”
Bruno Laval, Regional Manager for Southern Europe & Latin America for XL Catlin’s Insurance segment, added: “The opening of the Rio de Janeiro office is evidence of XL Catlin’s commitment to developing talent and expertise in Brazil. We are building a range of new product lines to strengthen our local offering to clients and brokers. The new office will be a key asset in delivering on our growth targets in Brazil.”
XL Catlin’s Insurance operations in Brazil date back to 2012, when the company opened its first office in São Paulo. About the XL Catlin Insurance Operations
The XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.
About XL Catlin
XL Catlin is the global brand used by XL Group plc’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.