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  • Argentine GDP plunges in Q4

    Argentina's GDP contracted 6.2% year-on-year in the last quarter of 2018, dragging down the reading for the full year to -2.5%. The economy began coughing in Q2, amid heavy pressure on the peso, rising interest rates and the...

  • Brazil's Hapvida 2018 profit increases

    Brazilian health insurer Hapvida Sistema de Saúde reported a 2018 earnings increase of 21.2%. This expansion comes as a result of a growing client base that has fueled revenues. Hapvida's net profit was almost 788mn reais (US$204mn)...

  • Paraguay SOAT debate 'good news'

    Lawmakers in Paraguay are likely to put mandatory traffic accident insurance under the spotlight now that they've reconvened from their summer recess. Parliamentarians and industry experts - including officials from local insurance ...

  • Mexican Afores post record profits

    Despite a marked 4Q18 slowdown, the combined net income at Mexican pension fund managers (Afores) came to 10.7bn pesos (US$560mn) last year, the largest annual profit on record, according to pension sector regulator (Consar). The...