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International firms to drive growth in Latin American insurance sector: Report

May 1, 2014 - 6:00am


Large international firms will remain the main growth drivers in the Latin American insurance sector, BNamericas said in its recent banking and insurance Intelligence Series report.

Infrastructure projects for Brazil's World Cup and Olympic Games have attracted global insurers and reinsurers including Zurich Insurance Co. Ltd. and Munich Reinsurance Co., among others. Several industry players are expected to enter Colombia this year, reports BNamericas, citing the nation's financial regulator.

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