BNamericas provides a roundup of the most important insurance developments over the past week in Latin America.
State-owned insurer INS says premiums for mandatory car insurance could double if it is forced to comply with a recent proposal from regulator Sugese.
A roundup of regulations news from the region.
The positive performance of the vehicle segment was offset by a contraction in pensions.
After months of political wrangling, Costa Rican lawmakers are now considering a comprehensive fiscal reform bill, even as labor unions are in their second week of protests in opposition to the proposal. Take a look at key points of the tax reform bill.
Growing violence prompts business changes among insurers.
Mexico's financial consumer protection agency said it was set to propose broader protections for homeowners with P&C policies tied to their mortgages, adding that recent proposals from the banks and insurance sector do not go far enough.
The infamous law firm from the Panama Papers scandal is reportedly seeking US$24mn from AIG Seguros Panamá, now part of local group ASSA, over a civil liability insurance policy claim.
A year after Mexico's two major earthquakes, Mexican banking (ABM) and insurer (AMIS) associations unveiled new guidelines on mortgage-associated P&C policies and updated payout data with claims on the quakes.