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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.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees