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Mission Underwriters launches LatAm reinsurance platform from Miami
Mission Underwriters, a US-based program administrator, has launched a new Latin America reinsurance platform operating out of Miami, aiming to capitalize on the region’s underserved insurance market. The platform will be led by Alejandro Pedroza, former CEO of AIG Ecuador, and will target niche facultative reinsurance opportunities across property, financial lines, and specialty segments. This expansion reflects growing international interest in Latin America’s reinsurance landscape, where insurance penetration remains low and a significant climate-related protection gap exists.