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Market growth in Mexico, Ecuador and Argentina; Puerto Rican regulator shutters insolvent insurer; Santander considers sale of Argentinean, Chilean and Mexican insurance units

  • Edwards Wildman Palmer LLP
  • -
  • Argentina, Chile, Ecuador, Mexico, Puerto Rico
  • -
  • August 5 2009

A spokesman for Spanish banking group Santander reportedly stated recently that the company is considering selling its insurance units in Argentina, Chile and Mexico, though he reportedly also referred to the situation as "vague and imprecise."

Fitch issues mixed annual report on insurance market

  • Edwards Wildman Palmer LLP
  • -
  • Argentina
  • -
  • July 28 2009

Fitch Ratings recently issued its annual report on the Argentinean insurance market entitled "El mercado asegurador argentino: Resultados y perspectivas 2009."

Premium growth results and forecasts

  • Edwards Wildman Palmer LLP
  • -
  • Argentina, Brazil, Colombia, Mexico, Puerto Rico, Venezuela
  • -
  • July 27 2009

Mapfre’s Latin American operation, Mapfre America, recently announced that its net profits increased 25.0 and its total premiums 20.3 when comparing the first half of 2009 to the first half of 2008