Latin America reinsurance sector set for a boost: ratings agency

Pedro Gonçalves
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Latin America reinsurance sector set for a boost: ratings agency

Economies across Latin America are set to experience improved economic performance and reduced political upheaval in 2020, according to findings from ratings agency AM Best. According to AM Best, GDP across the continent as a whole is expected to increase by 1.8% by the end of 2020. Latin American countries saw just 0.2% growth in 2019. The International Monetary Fund (IMF) forecasts still stronger growth in 2021, with GDP across the continent growing by 2.3%. AM Best has reported a ...

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