BNamericas provides a roundup of the week's most important insurance stories in Latin America.
The growth in vehicle sales is however expected to slow in the second half of the year.
Figures released by the UN's Eclac show that Latin America and the Caribbean received less foreign direct investment in 2017, but Argentina stood out with a sharp increase in FDI.
The president of Costa Rica's largest insurer, INS, spoke before a congressional committee Wednesday to push for agricultural insurance to become more innovative and affordable.
Without giving any reason, Caixa Seguridade said the closure of the negotiations for a new JV with CNP Assurances has been delayed.