CHICAGO--(BUSINESS WIRE)--Fitch Ratings has completed a portfolio review covering 12 Latin American insurance groups focused exclusively on application of Fitch's recently updated notching criteria for the insurance industry. The purpose of the review was to identify any ratings that should be changed as a result of the application of the updated notching criteria. Fitch published updated insurance notching criteria on July 14, 2015, following publication of an initial exposure draft of propose