Rimac Seguros: Insurance is a need, not a cost
José Tudela, International Business Manager, Rimac Seguros
Peru has changed enormously since 1990: opening up to foreign investment, controlling inflation, and maintaining a stable economic policy over the following 20 years. With the economy booming, the insurance market is predicted to grow 12 percent in 2012. José Tudela describes how Rimac Seguros is helping to drive this growth and overcome Peru’s lack of insurance culture, by developing a stronger market for personal insurance and expand beyond Lima into the provinces.
Patricia Gastelumendi, CFO, Ferreyros SAA
Ferreyros is the leading distributor of capital goods in Peru, and it is enjoying considerable success as the country invests in its infrastructure – the company clocked $1bn in sales in 2010. Ms Gastelumendi discusses the company’s successes and the importance of transparency.
June 24, 2011 Category: ESG
Dr Victor Marroquin, Partner, Marroquin & Merino Abogados
The recent success of the Peruvian economy is being driven by light touch regulation of business creation, investment and acquisition. Dr Marroquin outlines Peru’s investor-friendly tax and regulatory regime, and updates us on the state of the local M&A market.
June 12, 2011 Category: Tax & Legal
Dr Victor Marroquin, Partner, Marroquin & Merino Abogados
As the date of its presidential run-off election nears, Peru is a nation in waiting. Recently it has enjoyed incredible economic growth, with the World Bank forecasting continued strong development. But the political right is warning that the popular centre-left candidate could undo the reforms making the country friendly to investors.
May 15, 2011 Category: Investment