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Interest in cartel insurance on the rise – report

September 22, 2023


Chaucer, a global specialty (re)insurance group, has released a report into cartel insurance, revealing a rise in the demand for coverage across Latin America following a rise in the number of high-profile incidents in the region.

The ‘organized crime cover’ policy covers physical damage arising from cartel activity in Guatemala, Honduras, El Salvador, and Mexico. It is available as an extension to its strikes, riots, and civil commotion (SRCC) insurance.

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