Major Insurance and Reinsurance Developments in 2008.

Extract


Major Insurance and Reinsurance Developments in 2008.

Although all of the Latin American jurisdictions had notable regulatory and market developments in 2008, Chile stands out as particularly significant given the size of the market involved.

A Mature Market Flirts with Further Modernization, Taxation By most measures, Chile is considered the third largest insurance market in Latin America. It is widely considered to have the most favorable economic and political environment in the region, but these advantages are significantly counterbalanced by the adva...

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