Insurance: The week in 10 stories

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Friday, August 25, 2017

BRAZIL

The volume of agricultural insurance in Brazil is likely to expand by up to 13% this year, amid growth of agribusiness in Latin America's largest nation.

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Swiss Re and Axa reportedly evaluated the acquisition of Brazilian insurer Pottencial Seguradora, although the high price may have discouraged the purchase.

Brasilprev, one of Brazil's largest private pension plan providers, increased its adjusted net profit by 9.4% in the first half. Government pension reforms discussions may have raised interest in the private pension segment.

French insurer Axa is planning to start its own health insurance operation in Brazil after it failed to acquire an asset in the sector.

MEXICO

Mexico's insurance industry has seen healthy growth in 2017, making a smooth transition with this year's adoption of Solvency II-type regulations, according to analysts at ratings agency A.M. Best.

ARGENTINA

Argentina's insurance regulator SSN and the country's justice and human rights ministry have signed a cooperation and technical assistance agreement.

CHILE

BNamericas takes a look at which life insurers posted the biggest profits for the first half of the year.

PANAMA

BNamericas takes look at the country's insurance and reinsurance market.

BOLIVIA

Bolivia is expanding its catastrophe insurance subsidy program to include staple cassava in the next crop cycle, beginning in September, according to the head of national agrarian insurance entity INSA.

REGIONAL

BNamericas talks to Claudio Correa of US insurer Ohio National's Chilean unit about opportunities in the region, challenges facing the industry, and more.