Seguros Equinoccial and Ecuatoriano Suiza Merge to Form Ecuador's Largest Insurer
Ecuadorean insurer Seguros Equinoccial has merged with Compañía de Seguros Ecuatoriano Suiza to form Equisuiza Seguros, now considered the largest insurance group in Ecuador. The merger reflects consolidation trends within the Latin American insurance market. This strategic move likely impacts market competition and regulatory oversight within the region's insurance industry.