Panamanian Metro Invites Bids for $ 5.2 Million in Insurance

The Metro Department is inviting bids for risk and social liability insurance policies.

Tuesday, December 14, 2010

The policies issued are for all-risk construction policies (TCR) and civil liability (RC) under the OCIP program (Owners Controlled Insurance Program) as required by the Metro Department of Panama for the construction of Line 1 of the Panamanian Metro.

The target date for submission of proposals is December 27th, 2010.

More on this topic

Tender: Insurance Policies for $6 million

May 2015

Tocumen SA wishes to take out insurance policies for staff at the airports Enrique Malek, Scarlett Martos, Enrique Jimenez and Panama Pacific.

Panama Government Purchase 2015-2-02-0-08-LP-004 505:

"ACQUISITION OF INSURANCE POLICIES, ALL RISK AND / OR PHYSICAL, PROPERTY DAMAGE, AIRPORT LIABILITY, DIRECTORS AND OFFICERS LIABILITY, TERRORISM (PROPERTY), INFIDELITY INSURANCE AND COMMERCIAL LOSS, GROUP LIFE INSURANCE AND HOSPITAL MEDICAL INSURANCE FOR ALL THE STAFF AT THE FOLLOWING AIRPORTS: INTERNATIONAL AIRPORT TUCUMEN SA, TOCUMEN INTL (DAVID-CHIRIQUI), SCARLETT MARTINEZ INTERNATIONAL AIRPORT (RIO HATO-COCLÉ), ENRIQUE JIMENEZ INTERNATIONAL AIRPORT (COLON), PANAMA PACIFIC INTERNATIONAL AIRPORT ( HOWARD). "

Costa Rica: New Standard for Occupational Risk Policies

June 2014

The National Insurance Institute (Instituto Nacional de Seguros) has established a technical standard on the conditions which companies must meet in relation to occupational insurance for their staff.

The National Insurance Institute of Costa Rica has ruled on the provisions of the Labour Code to ensure the provision of cash benefits, medical and health benefits and rehabilitation, as well as the financial strength of the regime.

Panama Metro Insurance for $3.2 million

March 2014

The Ministry of the Presidency is inviting bids for an Insurance Program for the Operation of Metro Line 1.

The program designed by the Secretariat of the Metro includes:

All Risk Policy for Physical Loss
General Liability Policy
Personal Accident Policy

The deadline for submission of bids is March 21, 2014.

Panama: Insurers Benefit from Canal works

May 2011

In premiums alone, $990 million has been paid to the insurance industry.

The Panama canal expansion is having a significant effect on the country's economic activity, and the insurance industry is no exception.

Risk policies, liability and marine contingencies among others, are part of the insurance package valued at $ 11.1 million that the Canal Authority pays annually.

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Ducruet

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Phone: (507) 322-1661 - (507) 6671-3920

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