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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
  • -
  • Brazil, Costa Rica, Ecuador, Peru
  • -
  • 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

How will the credit crisis affect Latin American insurance markets?

  • Edwards Wildman Palmer LLP
  • -
  • Argentina, Bolivia, Brazil, Colombia, Ecuador, El Salvador, Paraguay
  • -
  • October 16 2008

As the current worldwide economic turmoil has taken its toll on insurance markets, a number of Latin American regulators and commentators have expressed the opinion that the peculiarities of the Latin American insurance markets may make them particularly resilient in the face of a potential global downturn