Argentina insurance industry News

Zurich Insurance Group has entered into an agreement to acquire the Latin American operations of Australian insurer QBE Insurance Group Ltd. for a total aggregate price of US$409 million, subject to closing adjustments. The transaction, which is subject to regulatory …

Argentine President Cristina Fernandez said on Monday insurers would have to invest some of their funds in production and infrastructure projects as she seeks to boost sluggish economic growth. Latin America’s No. 3 economy grew a sizzling 8.9 percent in …