Robbery insurance in Argentina

Argentine insurers have been forced to take a tougher stance on homeowners, commercial, industrial and banking risks as losses due to robberies which have spiralled over the last 12 months. “We now demand more and better security measures. All risks are inspected and we analyse thoroughly the insured’s loss background. Deductibles are also being included now in smaller, high frequency risks,” Yolanda Butler, underwriter at HSBC-owned La Buenos Aires Seguros told WIR. La Buenos Aires Seguros tops the premium ranking in this line of business in Argentina.