BNamericas provides a roundup of the most important Insurance stories in Latin America.
Mexico's economic future has received major votes of confidence with S&P's decision to change its outlook on Mexico's economy to 'stable' from 'negative' and Moody's casting of a major recent oil discovery as credit positive for the nation.
The slowdown in inflation allows the monetary authority to reduce the Selic rate further over the next few months.
Spanish credit insurer Cesce has started looking at potential new markets in the region, an Argentine P&C insurer has been ordered to address a US$21mn capital deficit and Chile's AFP Habitat is resuming a survey.
Tax payments may be lower, but the insurance company still faces difficulties.
Low inflation gives the central bank room to continue with its policy of aggressive base rate cuts.