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Peru ranks first in the world in macroeconomic prudence, leads Latin American countries on overall Financial Development Index at number 29
- Edwards Wildman Palmer LLP
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- Global, Peru
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- October 23 2009
In the World Economic Forum’s recently-released "Financial Development Report 2009," Peru was ranked number one in the world for macroeconomic prudence
Peruvian regulator completes new microinsurance regulatory project
- Edwards Wildman Palmer LLP
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- Peru
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- October 21 2009
Peru’s insurance regulator, the Superintendencia de Banca, Seguros y AFP ("SBS"), recently announced that it has completed its drafting of new proposed regulations regarding microinsurance, which will now be opened for comment
Costa Rican INS revives international expansion plans; double-digit market growth in Ecuador and Peru; IRB earnings decline 55.7 in Brazil
- Edwards Wildman Palmer LLP
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- Brazil, Costa Rica, Ecuador, Peru
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- September 3 2009
As reported previously in this space, Costa Rica’s Instituto Nacional de Seguros’ international expansion plans were put on hold in May 2009 when the nation’s Comptroller General took the position that the INS was empowered only to partner with, not acquire or establish, foreign companies
Total premiums fall 12.3 in Chile; life insurance premiums grow by 25 in El Salvador, Peruvian market grows 20.2; Puerto Rican regulator denies plans to liquidate First Medical
- Edwards Wildman Palmer LLP
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- Chile, El Salvador, Peru, Puerto Rico
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- August 11 2009
The Association of Chilean Insurers recently reported that total premiums fell 12.3 when comparing the first half of 2009 to the first half of 2008
Expansion into emerging markets a priority for insurance companies despite economic crisis; Grupo Mundial lays out plans for Costa Rica; Chilean insurer expands into Peru; premium growth in Guatemala and Venezuela
- Edwards Wildman Palmer LLP
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- Chile, Costa Rica, Panama, Peru, Venezuela
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- July 24 2009
According to a recent Accenture study, cross-border expansion into emerging markets is a major short-term priority for insurance companies based in both developed and developing nations
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