According to data from the Superintendent of Insurance, in January-September, the sector as a whole has accumulated $116 million in premiums for such policies. The Company Pan-American Life Insurance owns 47% of the market, the National Insurance Institute (INS) 43% and the remaining 10%, other companies.

Alfredo Ramirez, general manager of Pan-American, told Nacion.com that "... Our rise is due to sales to businesses, which take out insurance policies as a benefit for their employees." Also "... the growth of our portfolio is because we have taken advantage of the presence in Central America and Mexico to negotiate regional contracts."

Source: Nacion.com

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