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Latin America - Rapid Growth Creates Risk Management Opportunities and New ChallengesDuring the height of the global financial crisis, a $2.3 billion financing package was granted for the Panama Canal Expansion project. When completed in 2014, this expansion will double the capacity of the Canal and act as the catalyst to an explosion of growth in tourism, jobs and foreign direct investment. This level of investment and explosive growth is not limited to Panama; it represents a trend across Latin America in the past decade as developed nations seek out new sources of investment and growth.

The illustrations in this report represent just a few of the events in the insurance industry over the past five years and give a brief glimpse at the scope of the regulatory changes affecting the insurance markets, and consequently, companies all over Latin America.

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