Market segment outlook : Peru insurance

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      <subfield code="a">The COVID-19 pandemic and its economic effects have underscored the weaknesses and vulnerabilities of public finance in Latin America. For just a few countries, however, it has highlighted the discipline, continuity, and implementation of healthy economic policies as seen in Peru. The country´s macro stability - which has been some 20 years in the making- has allowed polcymakers to set an economic plan equivalent to 18% of its GDP, limiting the current economic impact to 2020, with expectations of a sharp recovery going into 2021. However, a recently approved law allowing early surrenders of private pension funds (PPF) could impact the country´s financial markets and challenge insurers' asset-liability management.</subfield>
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      <subfield code="a">Fondos de pensiones</subfield>
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      <subfield code="a">Perú</subfield>
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