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  • INSURANCE: The week in 10 stories

    5/26/17
    BRAZIL The biggest story of the week was the threat to a major pension reform in Brazil due to a scandal involving President Michel Temer. The scandal caused strong political turmoil, may force Temer to resign, and will likely...

  • Brazil tax collection increases

    5/26/17
    Tax collection in Brazil rose in April, thanks to – among other factors – an increase in funds from taxes on industrialized goods. Tax collection in the country reached 118bn reais (USS$36bn), up 2.27% in real...

  • Argentina pays US$922mn to Paris Club

    5/25/17
    Argentina's central bank said it paid US$922mn to the Paris Club of government debt-holders this week. The country reached in May 2014 an agreement with the Paris Club creditors representing 19 nations to repay its debt within five ...

  • Brasilprev posts strong AUM growth

    5/24/17
    Brazilian private pension plan provider Brasilprev reached 210bn reais (US$64bn) in assets under management (AUM) at the end of March, an increase of 32.2% year-on-year. The strong demand for pension products in Brazil is driven by ...

  • Can Mexico's new plan get people to save?

    5/23/17
    The Mexican finance ministry is considering a plan to promote voluntary savings, introduced by the country's financial sector, as the nation's financial institutions work to confront shortcomings in the retirement system that threaten ...