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...
Panama: Insurance Premiums Grow Up 10%
Tuesday, July 1, 2014
In the first five months of the year the volume of premiums was $545 million, nearly $50 million more than in the same period in 2013.
Automobiles, with premiums of $94 million and Health,...
Insurance Market up 14% in Nicaragua
Monday, June 30, 2014
Between December 2012 and December 2013 revenue from premiums went from $138 million to $156 million.
The pace of growth in the insurance sector in Nicaragua...
Costa Rica: New Standard for Occupational Risk Policies
Monday, June 9, 2014
The National Insurance Institute (Instituto Nacional de Seguros) has established a technical standard on the conditions which companies must meet in relation to occupational insurance for their staff.
The National Insurance Institute of Costa Rica has ruled...
Microinsurance Conquers Costa Rica
Wednesday, June 4, 2014
Low-cost auto insurance policies are rapidly expanding the insurance culture in sectors of the population who can not access traditional policies.
Since the opening up of the national insurance market in...
Health Insurance Contracts for $4 million
Monday, June 2, 2014
The Judiciary of the Republic of Panama is inviting bids for a group life insurance and health policy for its staff.
Panama Government Purchase 2014-0-30-0-99-LV-007...
Nicaragua: Insurance Market up to March
Monday, May 26, 2014
Products in the category of life, accident and health lead the 6% increase in premiums seen in the first three months of the year compared with the same period in 2013.
Total premiums paid in the first quarter amounted to $42...