Costa Rica Insurance: Claims Up 10%
Wednesday, August 27, 2014
As of July claims for payments totaled $284 million, with personal insurance policies having increased the most.
In the case of personal accident insurance, registered...
Forum on Prevention of Money Laundering
Monday, August 25, 2014
Experts on the prevention of money laundering will be meeting in Panama City on October 19th, 2014 to discuss the impact of this practice in the insurance sector.
Organized by the Superintendency of Insurance and...
Insurance Policies Up 12% in Panama
Monday, August 11, 2014
The amount of premiums written during the first half of 2014 totaled $657 million, which is 12% more than in the same period in 2013.
Of the total of premiums paid in the first six months of...
No More Medical insurance for Tourists in Panama
Monday, August 4, 2014
The Panama Tourism Authority reports that the contract with which it provided free medical insurance for tourists ended on June 30.
From now on if visitors in Panama want to have coverage...
Insurance Hike for Carriers Suspended
Friday, August 1, 2014
The government of Nicaragua has decided to suspend the increase from $85 to $295 on compulsory insurance for third party damage for transport trucks.
After receiving complaints from the union of freight...
Carriers reject increase in compulsory insurance
Thursday, July 31, 2014
Freight companies in Nicaragua say with the introduction of new rates the cost of insuring a truck for damage by third parties has increased from $85 to $295.
Between $45 million and $50 million more is the...
Costa Rica: Personal Insurance Premiums Up 21%
Friday, July 25, 2014
The sale of life, accident and health insurance rose from $113 million in June 2013 to $148 million in the same month in 2014.
Figures from the Superintendence of Insurance (SUG) show...
Extending of Health Insurance for Tourists in Panama
Thursday, July 10, 2014
An agreement has been made to grant an extension until the end of the contract year on medical insurance policies for tourists, while a tender is prepared to award the system from January 2015.
The extension of the contract with the insurer Generali,...
Costa Rica: Low Cost Insurance for Rice Crops
Thursday, July 10, 2014
The state has reduced insurance premiums for crop insurance for rainfed rice to $224, $197 and $149 per hectare for areas of high, medium and low risk, respectively.
Although the premium reduction is partly due to the...