BNamericas provides a roundup of the most important insurance news in Latin America.
The government wants the island's insurance center to have more international players than domestic ones by 2020.
The rating agency warns the current tightening cycle is putting considerable pressure on corporates with rising credit costs, adding to existing economic woes in the nation.
The additional 5%, which could be paid by employers, was among the proposals included in a set of measures presented by the government last July.
Rating agencies say Brazil's pension reform law will be a key consideration when reviewing the country's debt rating.
What are the economic costs of destroyed houses, businesses and infrastructure? Given that 90 of the world's 616 largest metropolitan areas are located within 150km of a volcano, this is an important question to ask, said Swiss Re in a press release.
BNamericas speaks with Luis Zanón, LatAm director at IT firm Tecnocom, about trends in payment methods and e-commerce in the region.
To date, 2017 M&A activity is trending toward fewer operations with higher price tags, with Brazil leading the pack.