SAN SALVADOR, El Salvador & NEW YORK--(BUSINESS WIRE)--Fitch Ratings says in a report released today that growth opportunities for the reinsurance market in Latin America are ample, given the relatively low insurance penetration rate in Latin America (2.5% on average), compared with the U.S. and Europe (above 7%). Various infrastructure projects planned in the region in the coming years will be a key driver of growth. The agency also considers as positive the evolution of the regulatory environ
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