BNamericas provides a wrap up of the leading stories of the week in the region's insurance sector.
Almost half of all Brazilians are likely to become completely dependent on the ailing public pension system as they do not save extra for retirement.
The Peruvian insurer swells its technical reserves following publication of new mortality tables and expects its real estate investments to continue to help driving profitability.
Local insurer Colmena Seguros is launching new products with the hope of making its mark on the local life market.
The Brazilian health insurance segment has seen a large number of lawsuits in recent years.
Insurance companies do not see higher premium rates as a solution to the crime problem and strong competition in the cargo segment is also making insurers wary of making major price hikes.
Some 66 companies in the country develop chatbot solutions, the majority of which use using Facebook Messenger as the preferred channel for interaction.
The ICSS confidence index is still in pessimistic territory but July saw a substantial improved from June.