The rating agency praised new Mexican pension fund rules aimed at improving services, saying the regulations would be credit positive for investors.
The head of pension watchdog Consar expresses dissatisfaction with the lack of progress on the pension reform front and also worries about coming pay cuts at the agency. Insurer Seguros Monterrey-NYL reports increasing sales of coverage for medical expenses.
Employees rejected a proposal from the state-run bank's administration to make changes to a health insurance scheme.
The company will pay close to US$40mn for the acquisition.
The governments of Honduras, El Salvador, Nicaragua, Guatemala and Costa Rica are implementing emergency actions to deal with the effects of heavy rains that have lashed parts of their territories in recent days.
None of the country's pension fund managers (Afores) managed to obtain the top grade in a review by investment research firm Morningstar.
One in two workers in Latin America are in the informal sector as countries sharpen their focus on pension reform, largely as part of efforts to boost pension system sustainability.
Felix von Studnitz of global insurance market information provider Axco talks to BNamericas about political risk, trade credit re/insurance, the situation in Argentina, and much more.