Zurich-primarily based Echo Reinsurance Ltd., completely
owned subsidiary of German mutual coverage institution DEVK, introduced that
it's going to goal writing treaty reinsurance from Latin the us with a view to
similarly enhance and diversify its portfolio.
Echo Re additionally referred to that it has an
“extraordinary cooperation with emerging global danger control, Inc., (EGRM)
based totally in Miami/Florida. EGRM is owned and managed through Alvaro
Madroñero, who's a famous and properly-respected reinsurance veteran within the
vicinity.”
Echo Re’s CEO Dr. Peter Hugger, who indicated he is “very
pleased with the particular cooperation with EGRM, stated the enterprise
“intends to further diversify its commercial enterprise and with EGRM,” as a
partner to advocate them on their access into the Latin American marketplace.
Hugger introduced: “we are very assured and elated to start
running with EGRM and Alvaro Madroñero. His expertise of the Latin American
markets and his relationships are extraordinarily precious for us. ”
Madroñero has expressed his heartfelt dedication to the
joint endeavor. He stated: “Our Echo Re & EGRM partnership embraces
traditional integrity pushed core values of our industry with a view to no
doubt allow us to deliver each capital backing and advisory suggest to the
Latin American regional marketplace.
“it's miles indeed a valued privilege to adopt the
constructing of a Latin American portfolio from the ground up. Our key driving
force on this enterprise is our wholehearted dedication to setting up robust
and enduring ties with our clients”.
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