Insurance Sector, Guatemala: Many Tasks still pending

Bi-yearly Fitch Ratings for Central America for the insurance industry in Guatemala.

Tuesday, September 23, 2008

The insurance sector in Guatemala recorded operational profits during the first semester of the year. There was also adequate growth in new premiums.

More on this topic

Latin America: The Golden Child for Insurers

May 2013

During the first half of 2012, the insurance sector in Latin America had a premium volume of $77,085 million, maintaining growth rates of two digits.

According to César Quevedo, deputy director of the Institute of Science at Seguro de Fundación Mapfre, the insurance industry is "key" to this global market.

Guatemala: Insurance Industry Keeps Deteriorating

September 2009

"For the sector's improvement, it will be key to adjust fees for products with high accident rates, as well as more careful subscription"

By the end of June 2009, net premiums had grown at an inflation adjusted rate of 9.8%, although lower growth should be expected for the end of the year, due to worse economic performance.

Insurance in El Salvador at the Closing of 2008

May 2009

Fitch Ratings highlighted a 26.5% growth in net results by the Salvadoran Insurance Sector as compared to 2007.

•Greater Earnings. The Salvadoran insurance industry recorded a 26.5% growth in its net results for 2007, resulting primarily from an increase in subscribed premiums coupled with a lower accident rate.

Semester report from Insurance Sector in Nicaragua

November 2008

Fitch Central America published its Special Report: "Nicaragua Insurance Sector: Semester Performance and Short Term Outlook."

The Nicaraguan insurance sector has reversed the operating losses recorded in June 2007. The index of combined insurance coverage for the was reduced from 101% in June 2007 to 95.6% in June 2008, resulting in operating profit of C$23.1 million compared to the C$4.2 million in June of last year.

 close (x)

Receive more news about Insurance

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Management software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jun 20)
Brent Crude Oil
Coffee "C"