New president brings hope to Argentina’s insurance market
Argentinian insurers have struggled to access reinsurance markets as a result of capital controls imposed by the previous government, while sky-high inflation has distorted business models and mandatory investments in government bonds have cast doubts about the solvency of the sector
Market players expect Javier Milei will correct harmful measures taken by the previous government, with action on capital requirements and currency controls that have restricted access to reinsurance