ASI Insurer Would Enter Costa Rica
Puerto Rican Atlantic Southern Insurance Company (ASI), started the procedures to operate in the country.
Monday, September 14, 2009
The company plans to market life, accident and health insurance for working class clients.
The Superintendence of Insurance (SUG) announced the approval of the branch of the insurance company.
In the newly privatised insurance market, companies are competing with the National Insurance Institute (INS in Spanish) to increase their portfolios.
In Costa Rica insurance companies are seeking to increase sales of policies to SMEs and take advantage of a hitherto untapped market.
The sale of life, accident and health insurance rose from $113 million in June 2013 to $148 million in the same month in 2014.
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