Canal Expansion: The role of Zurich Insurance Firm
Thursday, February 13, 2014
Apart from any agreements which could be made by the Consortium and the Panama Canal Authority regarding the contract, the last word belongs to the insurer of the project, Zurich.
In the case of the Panama Canal expansion, the main...
Insurance in Panama: Losses in Compulsory Insurance
Wednesday, February 12, 2014
Compulsory car insurance for third-party damage has ceased to be a great growth opportunity and become a category of losses.
When the enforcement compulsory car insurance policies...
Insurance in Central America: 2014 Perspectives
Wednesday, January 29, 2014
Fitch Ratings predicts good performance for the sector, but warns of risks such as intense competition in rates, exposure due to natural disasters, and inflation.
Fitch Ratings believes that the insurance industry will...
Insurance in Panama Grows as Same Pace as Economy
Monday, January 20, 2014
With an increase of 9% compared to 2012, in 2013 total premiums added up to $1.244 billion, a record in the country and the highest in Central America.
The Panamanian insurance industry closed 2013 with...
Panama 2013: Insurance Was Not Good Business
Monday, December 16, 2013
Industry participants predict a year-end in the red because of a sharp increase in claims for losses.
Prensa.com reports: "Although total premiums up to...
Venezuelan Insurer Operating in Panama
Thursday, November 14, 2013
With an initial investment of $5 million the Venezuelan company La Regional de Seguros started operations in Panama under the name Estarseguros.
Martesfinanciero.com reports that "Estarseguros is the...
XXXIV Hemispheric Conference on Insurance
Thursday, October 24, 2013
From 10 to November 13 representatives from insurance companies will gather together in Guatemala to address topics of interest to the industry.
Among the topics to be discussed at the event being held...
Health Insurance for Tourists in Panama
Thursday, October 3, 2013
During the first seven months of 2013 there were 1,668 medical cases, while in the same period of 2012 there were 1,020.
Two years ago Panama offered medical coverage at no cost...
Panama as an International Reinsurance Center
Tuesday, September 24, 2013
A law intends to attract reinsurance companies, by giving them the same benefits enjoyed by the Headquarters of Multinational Corporations.
The information was confirmed by the Panamanian...