AM Best turns negative on Bolivia insurance

Matt Sheehan reports for Reinsurance News: AM Best has revised its market segment outlook on Bolivia’s insurance industry to negative from stable, owing mainly to the coronavirus (COVID-19) pandemic. The rating agency noted that the outbreak has exacerbated Bolivia’s political turmoil and contributed to an overall slowdown in economic activity. In combination with the vulnerable…

Bolivia, a surprising land of extremes

PAUL FROESE for the Union-Bulletin: Breakfast that mid-January morning was a plate piled high with fried trout, boiled potatoes and rice, with a side of tomato and cucumber salad. We had a long day of travel ahead, and our Peruvian hosts wanted to make sure we wouldn’t get hungry before reaching our destination. I had…