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Annual General Meeting, June 29, 2017 – Keynote Presentation by Otto H. Suhner
Chairman of the Board of Directors of the BRUGG and SUHNER Group Companies
“Activities of a mid-size Swiss industrial group in Latin America”
Date: June 29, 2017 (10:00 – 14:15) – Venue: Haus zum Rüden, Limmatquai 42, 8001 Zurich
Save the Date; Review Program and Register Now

Bühler Company Visit
Date: July 10, 2017 (9:30 – 14:30)
Address: Gupfenstrasse 5, 9240 Uzwil
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Latin American Economic Forum 2017
Date: September 13, 2017 (14:30 – 18:45)
Venue: General-Guisan-Quai 40, 5th Floor, 8002 Zurich
Organized by LATCAM in partnership with Swiss Life Global Solutions
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PAST EVENTS
Latin American Day 2017 – Switzerland’s Annual Flagship Event on Doing Business in Latin America
May 23, 2017 (9:00 – 14:00) at SIX Convention Point, Selnaustr. 30, Zurich
organized by LATCAM in partnership with Switzerland Global Enterprise
See more: Report and Program

ANNUAL GENERAL MEETING 2016
with Keynote Speaker Walter B. Kielholz, Chairman of the Board of Directors of Swiss Re
The Latin American Chamber of Commerce in Switzerland (Latcam) held its annual general meeting on June 30, 2016, in Zurich. This year Latcam welcomed Walter B. Kielholz, Chairman of the Board of Directors of Swiss Re, as keynote speaker with a presentation on “Risk and (Re)insurance in Latin America.

Walter B. Kielholz, Chairman Swiss Re

Walter B. Kielholz, Chairman Swiss Re

Reference was made that Latin America generated USD 158 billion of insurance premiums in 2015, up 4.6% in real terms and representing 3.5% of the global insurance market (USD 4.6 trillion). Mr. Kielholz characterized Latin America’s economic landscape as a multi-speed economic growth slowdown in which two broad groups of economies stand out with different macroeconomic fundamentals, Mercosur (Brazil, Argentina, Venezuela, Uruguay) with flat-to-negative economic growth and double-digit inflation,

Walter B. Kielholz (l) and Dr. Richard Friedl, President Latcam (r)

Walter B. Kielholz (l) and Dr. Richard Friedl, President Latcam (r)

and Pacific Alliance (Chile, Colombia, Mexico, Peru) with slow but stable growth, lower and contained inflation. Economic growth for the entire region is foreseen at a moderate 1.9% in the period 2015 – 2020 and 2.9% in the period 2020 – 2025. In the long run, strong macroeconomic fundamentals (institutional quality, sound policy frameworks, trade openness, diversified industrial bases, etc.) could sustain growth. Commercial insurance premiums between 2016 and 2025 are forecasted to grow by 4.9% per year in real terms, from USD 32 billion to USD 55 billion by 2025. Mr. Kielholz also made reference to the property protection gap in uninsured earthquake losses of 90% of total risk in Mexico, Chile, Peru and Brazil, and 85% in Ecuador, Colombia, and Uruguay, and which in the case of a risk event could damage for a long time the affected.

Minister Philippe Nell, SECO

Minister Philippe Nell, SECO

Government representatives from Latin America and Switzerland, including Ambassadors of Peru, Guatemala, Dominican Republic, Minister Philippe Nell, State Secretariat for Economic Affairs (SECO) and Catherine Scharf, Federal Department of Foreign Affairs, were among the guests.

The Chamber’s President, Dr. Richard A. Friedl, presented the Chamber’s Annual Report 2015, where he gave a brief overview of some of the key developments in Latin America’s economic landscape and reviewed Latcam’s activities and operations in 2015. He informed that Claudio Boettcher, Zurich Insurance had been appointed by the board as the new Treasurer of Latcam, replacing Joaquín Fischer whom the board had appointed as new Managing Director. IMG_4341

Annual conferences such as the Latin American Day, the Mexican Forum and the Brazil Forum, as well as upcoming seminars on Peru, Colombia and Argentina attest to the Chamber’s important role as a platform for relationship-building between Switzerland and Latin America.

Networking Reception

Networking Reception

Networking Reception

Networking Reception

20170710_Bühler Company Visit_Invitation & Registration