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South America Insurance News. Service for global professionals. Constantly updated news and information about South America Insurance.
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  • Venezuelan gov't shuts 4 banks, citing financial problems from management irregularities 1 Dec 2009 01:54 GMT
    ... CARACAS, Venezuela (AP) - Venezuela's government closed four banks ... will be covered by the state deposit insurance fund while the banks are liquidated, he ...

  • Venezuela Shuts 4 Banks, Citing Irregularities 1 Dec 2009 01:54 GMT
    ... Venezuela's government closed four banks Monday, saying authorities ... will be covered by the state deposit insurance fund while the banks are liquidated, he ...

  • Crash 'my fault' 30 Nov 2009 22:23 GMT
    ... Windermere, Fla. — Tiger Woods finally gave his side ... gave troopers Woods’ driver’s license, registration and insurance as required by law for such accidents. ... next season. Schumacher made the comments in Brazil, where he competed in a charity karting ...

  • Victory declared in Honduras election 30 Nov 2009 21:13 GMT
    ... , Monday 30 November 2009 20.32 GMT Supporters of Honduran presidential ... coup, Manuel Zelaya, is besieged in the Brazilian embassy, the compound ringed by barbed wire, ... in 2007 he veered left and embraced Venezuela's socialist president, Hugo Chávez. An ideological conversion ...

  • Venezuela Closes Four Banks After Hugo Chavez Warning 30 Nov 2009 21:01 GMT
    ... Venezuela on Monday shut down four private banks ... account for just 6 percent of the South American nation's deposits, and were taken over by ...

  • Series of govt projects to add US$287mn in annual infrastructure premiums - Marsh 30 Nov 2009 19:56 GMT
    ... The broad range of government projects now under way in Brazil should add roughly 500mn reais (US$287mn) to annual ... and the Belo Monte hydro plant. The insurance brokerage has created a group within the ...

  • FLASHPOINT: Most health care is mediocre and expensive 30 Nov 2009 19:06 GMT
    ... FLASHPOINT: Most health care is mediocre and expensive This ... letter by Dr. James E. Stephens of Brazil titled: ”Government created health care's dysfunctional mess.” In ... give up Medicare and return to private insurance coverage? Not any that I have ever ...

  • Sandwell Mining Ltd. Provides Update on Acquisition of MBAC Opportunities & Financing Inc. 30 Nov 2009 17:50 GMT
    ... Sandwell Mining Ltd. Provides Update on Acquisition of MBAC ... of phosphate and potash fertilizer in the Brazilian market. In October 2008, MBAC indirectly acquired ... title disputes or claims; and limitations on insurance coverage. Generally, these forward-looking statements can be ...

  • Venezuela closes four banks after Chavez warning 30 Nov 2009 17:27 GMT
    ... CARACAS (Reuters) - Venezuela on Monday shut down four private banks ... account for just 6 percent of the South American nation's deposits, and were taken over by ...

  • UPDATE 3-Venezuela closes four banks after Chavez warning 30 Nov 2009 17:27 GMT
    ... * Closures come after Chavez puts private banks on guard ... colour, details) CARACAS, Nov 30 (Reuters) - Venezuela on Monday shut down four private banks ... account for just 6 percent of the South American nation's deposits, and were taken over by ...

  • Weak dollar hits Chile's export-based economy hard 30 Nov 2009 17:25 GMT
    ... Weak dollar hits Chile’s export-based economy hard The value of the ... they buy large amounts of money exchange insurance, even though the complexity of such insurance ...

  • IFC proposes up to US$19mn investment in QBE del Istmo Re 30 Nov 2009 15:34 GMT
    ... has proposed an investment in Panama-based reinsurer QBE del ... and advance new product lines, such as microinsurance and healthcare, specifically dental plans, the corporation ... percentage coming from Mexico at 65% and Colombia at 17%, according to IFC. ...

  • 4 banks shut by Venezuelan government in response to deepening scandal 30 Nov 2009 15:34 GMT
    ... CARACAS, Venezuela (AP) - Venezuela's government closed four banks ... will be covered by the state deposit insurance fund while the banks are liquidated, he ...

  • Venezuelan Shuts 4 Banks After Takeover 30 Nov 2009 15:30 GMT
    ... CARACAS, Venezuela (AP) — Venezuela's government closed four banks ... will be covered by the state deposit insurance fund while the banks are liquidated, he ...

  • Financiera Independencia to Acquire Financiera Finsol and to Expand Internationally to Brazil 30 Nov 2009 15:26 GMT
    ... Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (BMV: FINDEP) ... entity), Finsol Vida S.A. de C.V. (an insurance broker), Finsol S.A. de C.V. (a service ... C.V. (a service company) and Instituto Finsol Brazil ("Finsol Brazil"), a group lending microfinance institution in ...


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