Brazil’s CNSP Rewrites Contract and Claims Rules for Property Insurance
SUSEP says Brazil's insurance regulator has finished a sweeping rewrite of property and casualty contract and claims-handling rules, with a hard compliance deadline now…
Region
LATAM
Susep Opens Public Consultation for 2027 Regulatory Plan
Brazil's insurance regulator Susep has opened a public consultation, the Tomada de Subsídios, inviting carriers, brokers, specialists and consumers to submit input for its…
Chile’s CMF Finalizes Binding Outsourcing Standard for Insurers, Reinsurers
Chile's financial regulator has closed a two-year rulemaking process with a binding standard on how insurers and reinsurers must manage outsourcing risk. The rule…
Brazil Insurance Market Hits R$207.12B in H1 2026 as Claims Fall 3.93%
Brazil's SUSEP-supervised insurance sector collected R$207.12 billion in revenue during the first half of 2026, up 0.52% year-on-year, while claims and payouts fell 3.93%…
Brazil’s Insurers Post Flat H1 Revenue as Life Cover Outpaces the Market
Brazil's Susep-supervised insurers posted a barely-there 0.52% nominal revenue gain in H1 2026 — a real-terms decline — even as life insurance grew in…
Chile’s CMF Reopens Consultation on Cross-Border Annuity Reinsurance
Chile's CMF has reopened public consultation on cross-border annuity reinsurance rules, proposing to raise the technical-reserves deductibility cap from 20% to 30% and easing…
Brazil Creates GT-SegInfra to Standardize Transport Infrastructure Insurance
Brazil's Ministry of Ports and Airports has created GT-SegInfra, a working group tasked with standardizing insurance and risk-transfer requirements across the country's transport infrastructure…
Everest Sells Mexico Insurance Unit to Fairfax, Third Retail Exit
Everest's Mexico insurance sale to Fairfax closes out a three-market retail exit, landing Fairfax in a market squeezed by VAT reform and rising premiums.
Willis and Caribbean Biodiversity Fund Roll Out Reef Parametric Cover
Coral reef parametric insurance turns fund-backed as Willis (WTW) and the Caribbean Biodiversity Fund launch a regional reef risk-transfer programme.
PicPay Wins Bacen Approval for Kovr, Adding Underwriting to 10M Policies
PicPay Kovr acquisition wins Bacen's final approval, moving Brazil's fintech giant from distribution into underwriting across its policy base.