Oneglobal Broking has expanded its Latin American reach with the acquisition of LATAM Reinsurance Brokers Corp. (LATAM RE), an independent reinsurance broker headquartered in Panama City, Panama.
LATAM RE was founded in 2008 and is duly licensed by the Superintendencia de Seguros y Reaseguros de Panamá.
The firm works closely with insurers and reinsurers across the region, providing tailored reinsurance solutions with a strong technical and relationship-driven approach.
The LATAM RE team is said to hold reinsurance expertise across a broad range of business lines, including facultative, aviation, marine, property & casualty, construction, surety, and power, as well as financial lines and specialised and structured risks.
LATAM RE, whose name will be phased out as the company is fully integrated into the Oneglobal brand, will reportedly remain based in Panama City under the leadership of its founder and CEO, Thomas Julio Arosemena Callan. He will take on the title of Country Head – Panama & Regional Business Development Lead (Central America).
Oneglobal explained that this move strengthens its footprint in Panama and reinforces its commitment to the Central American and Caribbean markets.
“Building on the platform established by Thomas Arosemena and the LATAM RE team, Oneglobal will deliver even greater value to clients. Together, the two businesses are well positioned to support clients with innovative reinsurance and risk solutions, continuing to build one of the region’s leading specialty broking platforms,” Oneglobal added.
José Miguel, CEO of Oneglobal Broking (LATAM region), to whom Arosemena will report, commented, “We are delighted to welcome Thomas and his team to Oneglobal. Their technical strength and long-standing client relationships across Latin America align perfectly with our growth strategy and our commitment to combining global reach with local expertise.
“This acquisition reinforces our reinsurance offering and our investment in the region, and it is part of a wider ambition to build a leading reinsurance platform across Latin America. We see significant opportunity ahead and look forward to building it together.”
Ernesto de Lima, CEO of Oneglobal Broking Colombia and Central America, said, “The acquisition of LATAM RE represents a significant step in strengthening Oneglobal’s presence across Central America.
“Panama is a strategic market for our regional growth plans, and by combining LATAM RE’s strong local expertise with Oneglobal’s global capabilities, we are better positioned to deliver specialist solutions and greater value to clients across this region.
“We look forward to the opportunities that this new acquisition brings forth as we continue to build our presence in Latin America.”
Arosemena concluded, “Joining Oneglobal is an exciting step forward for our team and our clients. For more than fifteen years, we have built LATAM RE on technical expertise, trust, and strong relationships across the region.
“Becoming part of Oneglobal allows us to offer our clients direct access to global reinsurance markets and the resources of an international broking group, while retaining the local knowledge and personal service that have always defined us.
“I look forward to working with José Miguel and the wider team to grow our reinsurance offering across Panama, Central America, and beyond.”
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