trending Market Intelligence /marketintelligence/en/news-insights/trending/E0CKQBNPGTsxHfB_Fh1oqg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Paraguay's Banco Río buys Asur Seguros, hopes to merge insurance operations

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Paraguay's Banco Río buys Asur Seguros, hopes to merge insurance operations

Paraguay's Banco Rio SAECA has bought insurance firm Asur Seguros for an undisclosed amount, 5días reported, citing Banco Río CEO Oscar Diesel.

Following the deal, the bank hopes to merge Asur Seguros into its Nobleza Seguros insurance business to strengthen it, and double both its assets and premiums.

The merger requires the formal authorization of the insurance regulator, but will not need the approval from Paraguay's Conacom competition authority, as the resulting merged entity will not end up holding a dominant market share in either premiums or profits, according to the executive.

Diesel added the process should take about 90 days, ultimately depending on the insurance superintendent.

Data from the country's central bank detailed that Banco Río SAECA had profits of about 26.93 billion Paraguayan guaraníes for 2019 as of October.

As of Dec. 19, US$1 was equivalent to 6,473.00 Paraguayan guaraníes.