AM Best goes negative on Argentina and Bolivia insurance

AM Best goes negative on Argentina and Bolivia insurance due to COVID-19

23-04-2020

AM Best has revised its market segment outlook on Bolivia’s insurance industry to negative from stable, owing mainly to the COVID-19 pandemic, which is said to have exacerbated the country’s political turmoil and contributed to the overall slowdown in economic activity.

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AM Best, Coronavirus, Insurance, Reinsurance, Ratings, South America

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