XL Catlin is celebrating the 20th anniversary of its reinsurance operations in Colombia.

Peter Schmidt, XL Catlin’s chief executive Asia Pacific, Latin America and Global Credit and Surety, said: “Since 1998 our talented team of experts has been focused on providing dedicated underwriting solutions to our clients in Colombia and the broader Latin American region.

“We have established ourselves as an important business partner to our clients by providing a broad range of global reinsurance solutions. This was made possible by strong collaboration with our clients and brokers, many of whom have worked with us for the past two decades.”

Bermudian-based XL Catlin has hubs in Bogotá, Buenos Aires, São Paulo, and Miami.

Emmanuel Jacquemin, underwriting director and head of the reinsurance office in Colombia, added: “Colombia has been a remarkable home for our Latin American reinsurance operations. This year presents a great opportunity to reflect on our development in Colombia, while also of course remaining focused on the future.

“Keeping up with the pace of change is an exciting challenge for the industry — we will continue to work hard to come up with innovative solutions to respond to the changing risk landscape of our clients and to contribute to the closing of the protection gap.”

While Mr Schmidt said: “Our Colombia operation is a significant contributor to the overall success of XL Catlin. We are committed to this market and to our growing team of experts. We are delighted to celebrate their success over the past 20 years and I look forward to growing our business and to continue successfully serving the needs of our clients in the region.”