London, UK - 2nd October 2012

RKH Specialty and Conosur Corredores de Seguros Y Reaseguros (Conosur) have reached an exclusive agreement to cooperate on all new business emanating from Chile. The agreement covers both insurance and reinsurance opportunities that require international market placements.

Conosur is Chile's largest independently owned broker. Its association with RKH Specialty builds on an existing relationship between the firms and recognises a growing need from Conosur's Chile-based clients to access international insurance markets to provide a wide range of specialist insurance and reinsurance products.

Chile is consistently ranked as one of Latin America's most stable and prosperous nations with high per capita GDP and a long term focus on developing global trade links. It was the first Latin American nation to join the OECD in May 2010.

Commenting on the association, Barnaby Rugge-Price, Head of Property & Casualty at RKH Specialty said: "RKH Specialty has always looked to partner with leading independent brokers to combine their regional knowledge with our expertise in specialist global markets. It provides a strong basis for the development of relationships products and services that stand the test of time."

Alberto Covarrubias, Managing Director of Conosur Insurance Brokers added: "There is strong momentum behind economic growth in Latin America generally and Chile in particular, so our clients increasingly compete in a global arena. With RKH Specialty's support in international markets, the combined experience, expertise and innovation we bring ensure they can compete with even greater confidence and success."