BNamericas talks to Claudio Correa of US insurer Ohio National's Chilean unit about opportunities in the region, challenges facing the industry, and more.
Officials say the agreement will help streamline the disputed claims resolution process.
The country's association of insurers says the new guide is more user friendly.
Reportedly the Brazilian insurer is up for sale at US$471mn, but this price may be prohibitive to their competitors, Swiss Re and Axa.
BNamericas takes look at the country's insurance and reinsurance market.
Government pension reforms discussions may be increasing interest among Brazilians for private products.
Mexico's insurance industry continues to grow while adjusting to the new regulatory framework.