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...
Insurance in Guatemala Up 7.3%
Wednesday, September 18, 2013
During the first eight months of 2013 insurance market premiums generated $425 million, while in the same period of 2012 the figure was $396 million.
The data was supplied by the Guatemalan Association of...
Costa Rica: State Run Insurer Operates Internationally
Thursday, August 29, 2013
The Instituto Nacional de Seguros will provide $43 million in insurance for a hydroelectric project in Nicaragua, through reinsurance services.
The Hidropantasma Hydroelectric Project in Jinotega is...
Opportunities in Microinsurance in Panama
Tuesday, August 20, 2013
The venture is in micro-markets with products costing up to $30 per year and with compensation ranging from $10 thousand to $15 thousand.
According to Luis Della Togna, Superintendent of...
New Player in Panama's Insurance Market
Thursday, August 8, 2013
Dominican Life Insurance Company has made its official entry into the Panamanian insurance market providing coverage plans in the field of health.
Alberto Cruz, president of the board of that company...
Insurance in Costa Rica: 5 Years of Free Market
Thursday, August 8, 2013
After five years of monopolization, there are 13 insurers, 17 brokers companies, 63 agency companies and 49 auto insurance operators competing in the Costa Rican insurance market.
Nacion.com reports: "Also noteworthy is the 442 products...
Regional Micro-Insurance Supply Deficit
Friday, August 2, 2013
In Central America microinsurance coverage is minimal, with rates well below the rest of Latin America.
Throughout the region, Guatemala leads they way in such...
Opportunities in Car Insurance
Thursday, August 1, 2013
Only 14% of the vehicles circulating in Guatemala are insured.
The opportunity to capture at least 1% of the more than...
Regulation of Defense and Consumer Protection Insurance
Wednesday, July 17, 2013
The rights of Costa Rica insurance consumers to receive timely responses to any notice of a claim, complaint, reclamation or request filed with the insurers are to be preserved.
From the aims of the Rules of Defense and Consumer...
Panama: Insurance Sales Up 18%
Tuesday, July 16, 2013
During the first five months of 2013 $97 million worth was sold, predominantly in the categories of car insurance, health and group life policies.
According to Carlos Berguido, director of the Panamanian...