The number of new pensioners in Chile's private pension system increased 24% last year.
The economic activity index for January came in well above expectations but a mining strike has put the economy's Q1 performance at risk.
Cabrera will replace the interim head of Latin America, Salvatore Orlando, who will continue in his position as head of Middle East, Africa and Russia, PartnerRe said in a press release.
The government has not succeeded in substantially reducing high fiscal deficits and its reliance on the central bank to directly finance these deficits continued to rise again in 2016, said S&P in a press release.
The central bank monthly forecast survey show analysts expecting inflation to reach 5.39% in 2017, well above the central bank's 2-4% target range.
The surety specialist recorded last year a net profit of almost US$18mn.
The financial services watchdog said that only around 1% of the pension fund managers' total investments are invested in troubled construction giant Graña y Montero.