AIG life units look for single buyer in Latin America

Troubled AIG (NYSE: AIG) prefers a single buyer for most of its Latin American life insurance companies, the regional head of American Life Insurance Company (ALICO) Ricardo García told BNamericas. ...

• El Salvador

   Fitch: Insurance sector set to continue improving financial performance

  El Salvador's insurance industry, which used to suffer high loss ratios, now stands out among Centra...   more

• Mexico

   Fitch places FSA unit rating on negative outlook

  Fitch has placed its AAA global scale rating on the Mexican unit of US financial guaranty insurance ...   more

• Regional

   IDB pledges US$20mn to help microfinance industry through turbulent times

  IDB is preparing a US$20mn financing facility to help the microfinance industry in Latin America & t...   more

• Venezuela

   Fitch affirms rating on reinsurer Provincial

  Fitch has affirmed its A+ national financial strength rating on Venezuelan reinsurer Provincial de R...   more

• Brazil

   Liberty receives admitted reinsurer license

  US-based Liberty International Underwriters (LIU), part of Liberty Mutual, has received its license...   more

• Chile

   Feller affirms Cruz del Sur, Seguros CLC

  Chilean ratings agency Feller has affirmed its ratings on local life insurers Cruz del Sur and Segu...   more

• Brazil

   CNSeg: Reinsurance market still needs training, better information

  The two largest challenges for Brazil's recently opened reinsurance market are lack of training and ...   more

• Argentina

   Ratings roundup: Galicia, Santander Río, Segurcoop

  Fitch has affirmed its national scale ratings on three Argentine insurers. *** Fitch affirmed Gali...   more

• Brazil

   FenaCap: Savings bond customers know how to save, better communication needed

  The growth of Brazil's savings bond market has shown that poorer clients can manage their savings, b...   more