Panamanian Metro Invites Bids for $ 5.2 Million in Insurance
The Metro Department is inviting bids for risk and social liability insurance policies.
Tuesday, December 14, 2010
The policies issued are for all-risk construction policies (TCR) and civil liability (RC) under the OCIP program (Owners Controlled Insurance Program) as required by the Metro Department of Panama for the construction of Line 1 of the Panamanian Metro.
The Ministry of the Presidency is inviting bids for an Insurance Program for the Operation of Metro Line 1.
In premiums alone, $990 million has been paid to the insurance industry.
The National Insurance Institute (Instituto Nacional de Seguros) has established a technical standard on the conditions which companies must meet in relation to occupational insurance for their staff.
Tocumen SA wishes to take out insurance policies for staff at the airports Enrique Malek, Scarlett Martos, Enrique Jimenez and Panama Pacific.
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