Costa Rica approves regulations for the entrance of insurance companiesThe National Council for the Supervision of the Financial System (Conassif) approved the first of two sets of regulations yesterday.Friday, September 19, 2008
The first, which deals with authorizations, established basic guidelines so that insurers can operate in the country based on the new insurance law. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Opening of insurance market in Costa shrouded by crisisSeptember 2008 In the next 18 months the current Pension Superintendent, Javier Cascante, will be responsible for the opening of the market. He already has two laws and two set of regulations in his favor. 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.
×
|
|