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Friday, November 20, 2009
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RSS - Insurance Cambiar a: Español
BrazilBB committed to improving IRB, increasing share in PAC programs - VP
Federally controlled Banco do Brasil (BB), Brazil's largest bank, will be committed to improving operations of reinsurer IRB-Brasil Re if it takes a controlling stake in the company, helping to guide ...
Chile
New insurer to compete in life market next yearChilean cemetery firm Parque del Recuerdo will open a life insurer to start operating in 2010, local... more
Regional
OPIC to support microfinance sector with US$125mn fundThe board of directors of the Overseas Private Investment Corporation (OPIC) has approved US$125mn f... more
Mexico
Insurance industry could grow 7% this year, way above early expectationsMexico's insurance industry should grow premiums by 6.5-7% in real terms this year, local press repo... more
Chile
Principal to change country manager, still looking at pension businessThe Chilean unit of US-based Principal Financial Group (NYSE: PFG) will change its country manager a... more
Colombia
Suramericana enters unemployment insurance segmentColombia's largest insurer Suramericana has expanded its product range and is now offering unemploym... more
Brazil
IN BRIEF Bradesco reaches 100% coverage of country's municipalitiesBanco Bradesco (NYSE: BBD) has become Brazil's first private sector bank to serve 100% of the nation... more
Mexico
iShares NAFTRAC ETF begins trading Thursday on Madrid's LatibexiShares NAFTRAC, the first and largest exchange-traded fund (ETF) in Mexico and Latin America, began... more
Chile
Chile's Feller Rate has upgraded its rating on local life insurer CN Life to AA from AA- with a stab... more
Guyana
Country gets US$5mn loan from IDB for financial system improvementGuyana will have help from a US$5mn loan from the Inter-American Development Bank (IDB) to improve i... more
Chile
Regulator approves Consorcio's purchase of Banco MonexChile's banking regulator Sbif has approved local financial services holding Consorcio Financiero's ... more
Chile
IN BRIEF Cruz del Sur makes US$12.8mn capital increaseChilean life insurer Cruz del Sur has increased its capital by 6.41bn pesos (US$12.8mn), the company... more
Caribbean
Roundup: Sagicor, PanCaribbean, S&P, ATTICS&P has kept its negative credit watch on Barbados-based financial group Sagicor after considering i... more
Colombia
Banks, insurers back UN-led program against money laundering, terrorism financingColombian banks and insurance companies have joined a major drive against money laundering and finan... more
Chile
AFP association head says tender system no guarantee for low commissionsThe upcoming tender of affiliates in Chile's private pension system will not necessarily lead to low... more
Chile
Transfers in private pension system drop 66% in Sep, close to pre-crisis levelsThe amount of transfers in Chile's private pension fund managers (AFPs) dropped 66% in September com... more
Free Content
- Amil gets control of rival Medial Saúde for US$355mn
11-19-2009 -
- JMalucelli Re working on 2 more partnerships with foreign reinsurers, plotting regional expansion - CEO
11-18-2009 -
- Reported figure on Itaú XL implies 1.96 times book, higher than Porto Seguro deal - Ativa
11-17-2009 -
- Suramericana parent registers US$127mn bond issue
11-16-2009 -
- Itaú Unibanco, XL announce buyout deal for corporate insurance JV
11-13-2009 -
In Depth Interviews
Risk management takes center stage
Daniel Povedano
Head of insurance area
everis
The global financial crisis brought the issue of risk management into the spotlight like never before. Today, leaders of the world's biggest economies ...more
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