The joint venture will focus on the sale of savings bond products.
Mexico's state-employee social security system (ISSSTE) faces serious economic repercussions with the possible cancellation of major medical coverage, part of the incoming government's austerity plan.
Puerto Rican insurer association Acodese says members have settled 96% of hurricane Maria claims. A top labor leader in the Dominican Republic raises concerns regarding a social security reform.
Abu Dhabi's state fund Mubadala tried to buy a controlling stake in the Brazilian company.
Rafael Vargas, founder of Claims Consulting Services, said roughly half of P&C policies do not provide adequate coverage of property value.