The Autonomous Executive Port Commission is putting out to tender policies for damage insurance, motor, loyalty, electronic equipment and collective life and medical insurance.
The Executive Hydroelectric Commission of the Lempa River, is inviting bids for the procurement of an insurance program that includes medical and hospital insurance, group life, motor and miscellaneous policies.
The purpose of the tender is to contract an insurance program for the Executive Hydroelectric Commission of the Lempa River (CEL), comprising of Hospital Medical insurance, Group Life, Motor and Miscellaneous policies for the period 2012-2013.
A report by Fitch notes the momentum in the insurance sector in Central America and its growth potential.
From the report by Fitch Central America is entitled "Performance of Insurance Industry Central America: Well Positioned for Growth ":
The insurance industry in Central America managed to increase premium production by 12% compared to 2010, where Panama, Guatemala and Honduras recorded an above-average growth. The countries with the highest contribution in the production of $3.44 billion dollars that the industry reached the end of 2011, are Panama and Costa Rica, a positive sign that the region is recovering from the economic crisis.
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