Lloyd's considers regional insurance office in Colombia or Mexico

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Lloyd's of London is mulling the establishment of a regional insurance office in Mexico or Colombia, as part of its 'Vision 2025' plan, BNamericas reported.

In its Strategy 2014-16 report, Lloyd's said that expansion in several regions would involve creating access and developing operations over the shorter term.

Hiscox Ltd. recently became the latest insurer to enter the Brazilian market through Lloyd's local platform.

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