BB Seguridade will sell its stake in the SH2 division to Mapfre for US$640mn.
Brasil Capital now holds a 10.06% stake in the insurance brokerage firm.
The country's financial consumer protection agency presented a comprehensive report on outstanding complaints against insurers related to last year's September 19 earthquake. XL Catlin launched a suite of products for the Mexican aviation market.
Topics include blockchain, IoT, AI, chatbots and innovation.
A Peruvian lawmaker puts forward an early retirement bill as authorities in Chile reportedly consider adopting a two-pronged approach to pension reform.
The ruling by the appeals court came after the country's health insurance regulator challenged a price hike ruling by a lower court.
BNamericas speaks with top executives at Peruvian insurer association Apeseg about plans to boost agriculture insurance by expanding subsidies to a multi-risk policy that is currently not attractive for many farmers.
The decision comes as Chilean banking officials propose slowing down the speed of transfers involving large sums to help combat cybercrime.
BNamericas speaks to the co-founder of DataWing Global, a Texas-based tech firm believing that drone technology will become a game-changer in the insurance industry in terms of the claims adjusting.