Nicaragua: Insurance Market Falls by 4%Last year in Nicaragua, insurance sales totaled $199 million, 4% less than in 2018, a drop that can be explained in part by the drop in life, health and accident policies.Wednesday, February 5, 2020
Data from the Superintendence of Banks and Other Financial Institutions (Siboif) detail that between 2018 and 2019 premium sales fell by $9 million, from $208 million to $199 million. Source: laprensa.com.ni Do you need detailed information of the insurance market? Contact Us.Need assistance? Contact us
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Insurance: Profitability FallsApril 2019 During the first quarter of the year in Nicaragua, premium income was down 6% from the same period in 2018, while claims payments increased 14%. Nicaragua: Insurance Premiums GrowingApril 2017 Life, health, and accident policies accounted for most of the 12% growth recorded in premiums during the first quarter of the year compared to the same period in 2016. Insurance Trends in NicaraguaSeptember 2014 Auto policies are the fastest growing category, with an increase of 14% so far this year compared to 2013. Costa Rica: Personal Insurance Premiums Up 21%July 2014 The sale of life, accident and health insurance rose from $113 million in June 2013 to $148 million in the same month in 2014.
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