Life insurers in legal battle to prevent client profits from being taxed

The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.

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Peruvian regulator expands investment options for insurers

The SBS said investments in dual-currency fixed-coupon financial instruments (exchange notes) and structured capital-protected securities were now eligible options for Peruvian insurers.

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EuroAmerica turns over fund-management and insurance business to Zurich for USD 155 million

According to Fund Pro Latin America, the deal will boost Zurich’s mutual fund business in Chile to well over USD 1 billion, by adding EuroAmerica AGF's USD 938 million in AUM to its current AUM of USD 363 million.

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Sura to abandon Peruvian insurance and mortgage market to further develop AFP and wealth biz

Seguros Sura Peru will be absorbed by Intercorp’s insurance company Interseguro to make the latter one of the largest Peruvian insurance companies in terms of assets

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Managers upbeat on new investment regulations for Peruvian insurers

Insurers' new ability to allocate a portion of their technical reserves in funds investing in real estate, infrastructure projects, receivables, leasing operations, factoring operations, and private equity pleased Daniel Dancourt, CEO of HMC Capital in Peru.

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