84-year insurance monopoly ends in Costa RicaAuthorities of Costa Rica's state insurance company say they're ready to face competition and to operate throughout the region.Tuesday, July 22, 2008
Several companies are expected to take advantage of the opening of the insurance market. Source: La República Costa Rica: INS sets up four insurance companiesOctober 2008 The National Insurance Institute (INS) created four new companies to face competition in the insurance market. Change comes to Costa Rica's national insurance companyJuly 2008 Costa Rica's passage of the Law to Regulate the Insurance Market has brought the National Insurance Company to a new stage, under which it gives up monopoly status at home but is allowed to enter foreign markets. Congress votes to remove state insurance monopolyJuly 2008 Costa Rica's Congress approved a bill that will remove the state's monopoly of the insurance market. Costa Rica's insurance market opening upJune 2008 A bill to change the regulatory environment of the insurance industry in Costa Rica appears to have the 38 votes needed to pass second reading.
×
|
|