Panama's Metro bids the special risks insurance policy, with a two-year validity period.
Panama Government Purchase 2020-2-81-01-08-LP-001754:
"The bidder will be responsible for executing all the works, activities and tasks necessary to provide the service of Special Risks Insurance Policy Contracting, for a 24-month period.
In the first eleven months of 2019, premiums were written in the country for Ch$1,395 million, and sales of personal accident insurance grew 7% over the same period last year.
Figures of the General Comptroller of the Republic detail that between the first eleven months of 2018 and the same period of 2019, fire and multi-risk insurance premiums recorded a 10% increase.
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.
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.
Atlántida Vida insurance company started operations in the local market and will be focused on the life and health sector.
The new participant, which will start with a capitalization of $6.2 million and is projected to reach $10 million in premium income, belongs to the Honduran business group Inversiones Atlántida.
The Empresa Nacional de Energía Electrica de Honduras tenders the insurance policy for the assets of the institution.
Honduras Government Purchase LPN-100-025-2019:
"This policy shall cover sudden or unforeseen material damage caused to the property of the Insured or in which he has an insurable interest or for which he is legally responsible.
The Refinadora Costarricense de Petróleo will contract insurance coverage of different types, for a one-year period that can be extended for two equal periods, at the option and discretion of the institution.
Costa Rican Government Purchase 2019LN-000005-0016700102:
Except for Nicaragua, which projects a decline in revenues, Fitch Ratings estimates that by year-end the region's insurance markets will have grown from 3% to 8%.
According to the report Perspectives of Insurance Industry in Central America, prepared by the rating agency Fitch Ratings, El Salvador will be the market that in 2019 will register more dynamism in the region, reporting an 8% increase over revenues reported in 2018.
The Ministry of Communications of Guatemala tenders insurance for vehicles, fixed buildings, electronic equipment, machinery, transportation and civil liability.
Guatemala Government Purchase 10904530:
"Considering that in the General Direction of Roads, currently there are Vehicles, Fuel, Fixed Constructions, Electronic Equipment, Machinery and Equipment, Transportation, Fuel Tanks and Buses service for the personnel, it is necessary to contract the respective insurances.
From January to August 2019, premiums of $1.026 million were subscribed, surpassing by 3% the $997 million reported in the same period of 2018, an increase lower than the 5% increase reported in July.
According to the most recent figures from the General Comptroller's Office of the Republic, between the first eight months of 2018 and the same period of 2019 the premiums for fire and multi-risk insurance registered a 16% increase.
The Empresa de Transmisión Eléctrica de Panamá will contract an all risk insurance policy for direct physical loss or direct physical damage, and a comprehensive general civil liability insurance policy.
Panama Government Purchase 2019-2-78-0-99-LP-011630:
"Line 1: All Risks Insurance Policy for Direct Physical Loss or Direct Physical Damage to the Property of Empresa de Transmisión Eléctrica, S.A. (ETESA).
The Port Maritime Authority tenders the insurance policy service for electronic equipment, automobiles, vehicle fleet and fire insurance for the year 2020.
El Salvador Government Purchase 20190056 Free management:
"The Port Maritime Authority requires Goods Policy Service for the AMP 2020, which includes:
In July 2019, the branches with the highest growth compared to the same month in 2018 were Health with 56%, Bail Bonds with 41% and Air and Maritime Ships with 41%.
From the Superintendence of Insurance report:
Net premiums collected in July reached RD$6,501,787,017 million, with an absolute growth of RD$1,456,663,584 million and a relative growth of 28.87% compared to the previous year.
The Honduran Banking and Insurance Commission tenders the fire insurance policy and related lines for furniture and office equipment, electronic fixed and portable, for the years 2020 and 2021.
Honduras Government Purchase LP-CNBS-02-2019:
"Contracting of an insurance policy to protect the Furniture and Office Equipment of the CNBS located in the cities of Tegucigalpa, MDC, San Pedro Sula and Choluteca; likewise, the goods that are moved between buildings, for a term of two years.
During the first six months of this year, net premium income totaled $395 million, 9% more than reported in the same period in 2018, an increase explained by life and fire policies.2
According to data from the Salvadoran Association of Insurance Companies (ASES), between the first half of 2018 and the same period in 2019, net premium income grew by $34 million, from $361 million to $395 million.
The group fidelity insurance policy to protect the funds and assets of the Central Bank is tendered for the period from December 31, 2019 to January 26, 2022.
Honduras Government Purchase LPública No.32-2019:
"The exact period to be covered is from December 31, 2019, at twelve noon (12:00 m.) to January 26, 2022 at twelve midnight (12:00 a.m.).
The closing date for clarifications is September 20, 2019.