Economic activity - spurred on by the fishing sector - increases at its fastest pace in 60 months as financial services watchdog SBS says new powers will help it step up the fight against money laundering and the financing of terrorism.
A digital policy and reforestation project launches with several insurance heavyweights on board, as watchdog SSN amends sector rules.
A large share of the premiums was ceded to reinsurance firms that are based in Brazil.
BNamericas provides a roundup of the most important Insurance stories in Latin America.
A director from broker THB México tells a local daily he believes the nature and extent of recent air crashes and natural disasters are working to make airline and airport coverage more expensive.
AIR Worldwide scientist Eric Uhlhorn offered an overview of forecasts suggesting the current outlook is calling for only two major storms this year; however, he also stressed uncertainty in such forecasts and other factors including climate change that could lead to high impacts for insurers.
The country's health insurance regulator said it will appeal the decision by the court.
The British overseas territories become part of the Caribbean Catastrophe Risk Insurance Facility.
The country's securities watchdog issues new rules on how much an SME can earn to remain in this category, while financing via the capital markets grows and the production ministry announces SME support measures.
The Moody's ratings agency show in an analysis that some insurance companies saw a positive Q4 impact from catastrophe rules introduced in December 2017.