Insurance Companies Cut First-Half Sales, But Profits Rebound

Sales in the insurance market were US$ 5.231 billion between January and June, a drop of 6.3% compared to the same period in 2020. Profits, meanwhile, were US$ 871 million, which implies an advance of 158.5%, according to data released Wednesday by the Financial Market Commission. "Of the total sales observed in the first half of this year, 48.6% corresponded to social…