Peru

The Peruvian insurance market as a whole returned to profitability in 2018, following losses and anaemic expansion over the course of 2016 and 2017. Underwriters enjoyed the most robust returns in the life segment, particularly in personal income annuities, which have come into high demand among new retirees as reinvestment vehicles for...

The development of Peru’s energy market has been rife with challenges and opportunities in recent years, as the sector has come under cross-pressures from unique domestic concerns and sweeping structural changes in the global economy. On the one hand, while Peru could once stake a claim to being South America’s largest commercial producer of...

With a vast wealth and diversity of metals and minerals, Peru is in a privileged position when it comes to natural resources. According to the US Geological Survey’s “Mineral Commodities Summaries 2019” report, in 2018 Peru had more silver deposits than any other country in the world except for Poland, as well as the world’s third-largest...

With Peruvian GDP growth improving to 4% in 2018, lending saw some renewed dynamism after a slow couple of years. Showing its fastest growth since 2010, lending from private sector banks was up 8.77%, according to the Peruvian Banking Association (Asociación de Bancos del Perú, ASBANC).

Two of the biggest trends in global insurance in recent years are premium growth in emerging markets and the rising importance of technology across the supply chain. The latter has come to be referred to as insurtech, a potentially disruptive trend that heralds both threats to and opportunities for incumbents and newcomers alike. While...

Peru has become a beacon of macroeconomic stability in Latin America, with top-notch credit ratings and an admirable inflation record. However, while the Lima Stock Exchange (Bolsa de Valores de Lima, BVL) is one of the oldest among Latin America’s major economies, having been founded in 1860, it is also one of the smallest. The development of...