The company seeks to reinforce the working capital of its rental car unit.
Bermuda-based reinsurers offered a multibillion-dollar estimate of losses related to Q3 hurricanes.
Lower house president Rodrigo Maia says the government is far from having the necessary votes to secure approval of the pension reform.
There is room to develop products that better suit the needs of the growing middle class, says Axa CEO Thomas Buberl.
Insurers must reshuffle portfolios after authorities announced they can no longer invest in Lebacs.
The incidence of high-impact natural catastrophes is set to rise throughout the region, raising credit risk for LAC economies, particularly smaller nations and territories that are most exposed to storms and quakes.
Rating agency Moody's looks at the implications of Sunday's surprise election results.
The employees at the insurance regulator have made a public complaint about increasing political influence at the agency.