Spain's Mapfre announced the merger of its subsidiaries Mapfre Internacional and Mapfre America.
Meeting with leaders of Chile, Peru and Colombia to discuss the Pacific Alliance and the TPP, Mexico's economic chief made no bones about the country's need to maintain strong bilateral ties with the US for trade and security, regardless of the US election results.
The bill, discussion of which has begun in congress, established US$8mn as the minimum capital for insurers and US$13mn for reinsurers, but these figures are not in line with the country's reality, according to the insurers association.
The country saw economic activity decline for the third consecutive quarter in Q2.
The probability of the Selic being cut in October rose to 98% on Thursday from 70% on Wednesday.
Mexican finance minister José Antonio Meade argued that deep cuts in the 2017 budget package are needed in an uncertain global environment and to attack growing concerns over public debt.
The agreement sees global tennis star Angelique Kerber becoming the brand ambassador for Generali Vitality, the innovative health and wellness behavioral program.
InsurTech Global announced in a press release that it was opening its North American operations in Dallas, Texas, along with the inauguration of satellite offices in Miami, Florida and Paris, France, which are dedicated to the Latin American & international markets, respectively.
Beazley, a pioneer in data breach response insurance, appointed Rafael Sanchez as Breach Response Services Manager, International. Beazley has helped clients handle over 4,000 breaches since the launch of its flagship product, Beazley Breach Response, in 2009, said the company in a press release
Food and beverage prices led to the drop in the IPCA-15.
Guido Mantega was taken to Curitiba on a temporary five-day arrest warrant, which can be extended if necessary.
Despite high growth in premiums in 2005-15, the Salvadorean insurance industry is expanding below the rate needed to close the gap with optimal insurance coverage, especially in the life segment.
During a side event at the UN General Assembly in New York, Eclac Executive Secretary Alicia Bárcena said that the regional organization can support Latin American and Caribbean countries to better measure tax evasion and avoidance and thus help achieve sustainable development goals.
Policies proposed by US election candidates that disrupt flows of goods and services between the US and its key trading partners, or result in reduced market access, could impact earnings and would be credit negative for a range of issuers, said Moody's in a press release.