Panama insurance sector slows down
After maintaining a average rate of growth of 32%, the increase in August was not 7.36%.
Wednesday, October 8, 2008
The rhythm of growth in the insurance industry fell in August from the level that it enjoyed during the first seven months of the year, which was above 30% in terms of income from premiums.
Income from insurance premiums grew by 16% compared to the same month in 2015, reaching $1.021 billion, in a market with great growth potential.
Fitch estimates that premiums in the region should grow measuredly, with the greatest dynamism seen in Costa Rica, the second insurance market in the region.
The country's insurance industry has started the year positively with growth above 15% in the first two months.
Fitch Ratings highlights the liquidity of the insurance market in El Salvador for the first semester.
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