Costa Rica to Host Regional Insurance Congress
From July 29 – 31, the IX Central American and Caribbean Insurance Congress will be held at the Real Intercontinental Hotel Costa Rica.
Tuesday, June 2, 2009
The Congress will have "Global Trends in Insurance Regulation and Supervision" as a theme, and it is being organized by the National Chamber of Insurance Marketing Companies (CANECA) and the Pan American Insurance Producers (COPAPROSE). It will be attended by renowned professionals in the Costa Rican Insurance field.
The National Insurance Institute will resume this year its plan to expand its operations to the countries of the region, investing $300 million in the process.
ASSA Compañía Tenedora, S.A. and ASSA Compañía de Seguros (ASSA) and American International Group, Inc. (NYSE:AIG) today announced that they have entered into a share purchase agreement under which, ASSA will acquire 100 percent of AIG’s operations in Central America located in El Salvador, Guatemala, Honduras and Panama.
The Costa Rican Superintendent of Insurance issued a technical note to set limits on the marketing of insurance by foreign companies.
Panama-based financial group Grupo Mundial is preparing to enter the Costa Rican and Colombian insurance markets in 2009.
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