Earlier this year German insurer Talanx inked a deal to purchase Generali's life and P&C businesses in Colombia.
BNamericas takes a look at the Melbourne Mercer Global Pension Index 2017, which compares the systems of 30 nations, among them those of Argentina, Brazil, Chile, Colombia and Mexico.
Henrique Meirelles says scrapping the scheme could be an option if congress fails to approval a pension reform bill.
A Moody's analyst said El Salvador could right its course towards higher credit ratings if its major political parties can work together to pass a 2018 budget with fiscal clarity.
In key midterm elections, the Argentine president's coalition made congressional gains and handed leftist ex-president Cristina Fernández Kirchner a humbling defeat.