The insurance sector saw its activity contract in January-November due to a significant decline in the private pension business.
Fitch Ratings forecasts that Nicaragua's insurance sector will in 2019 see yet another year of premium growth well below historical levels.
Lawmakers in Chile pass a bill that establishes an independent fiscal council and Ecuador mulls new consumer protection measures.
Among the key contributing factors count overall economic recovery and a new regulatory framework, according to savings bond trade group FenaCap.
The US government has endorsed the new Plan Vital and Costa Rica's largest insurer INS has launched lines covering fish and poultry.