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BUSINESS OPPORTUNITY
Tender for Collective Health and Life Insurance PolicyWednesday, March 10, 2021 Empresa de Transmision Electrica bids the collective health and life insurance policy for the institution's employees and retirees of the former IRHE, for a term of 5 years. Panama Government Purchase 2021-2-78-0-08-LP-013153:
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Tender for All-Risk Insurance in HondurasThursday, March 4, 2021 The Social Security Institute bids the all-risk insurance policy for real estate, furniture, equipment, physical inventory, office equipment and computer equipment of the central warehouse and areas rented by the institution. Honduras Government Purchase LPN-006-2021: Insurance Sector in Guatemala - First Half 2015Tuesday, October 20, 2015 At the end of June, the market slowed its growth rate, registering one of the lowest increases in the region. From a report by Fitch Ratings:
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Tender for $54 Million in Technology SolutionsTuesday, March 30, 2021 The National Insurance Institute of Costa Rica tenders the Core insurance solution, ERP, HIS, IFRS 17 and 9 Sub accounting, cloud integration services, content manager services and services for implementation, production start-up, maintenance, licensing and support services. Costa Rica Government Purchase 2021PP-000011-0001000001: Prospects for Insurance Sector in Central AmericaMonday, January 25, 2016 Fitch forecasts growth of 3.5% in the region in 2016, due to increased competition and currency devaluations in some markets. From a statement issued by Fitch Ratings: Panama: Insurance Sector Grows at Unprecedented RateTuesday, May 3, 2011 In the first three months of the year, the total amount of premiums grew by 22.23%. The insurance business in the country is growing by leaps and bounds. In the first quarter of 2011 subscriptions for premiums totaled $263.6 million. Insurance in Central America: Performance and ProspectsWednesday, January 4, 2012 A Fitch Special Report on the insurance industry in Central America indicates a stable outlook with conservative growth. SUMMARY Costa Rica: Tourists Prefer International InsuranceMonday, February 22, 2021 Since the borders were reopened and the country began to receive visitors, tourists have purchased more international policies, a situation that could be explained by the lower prices compared to insurance offered locally. Data from the Costa Rican Ministry of Health show that between August 1, 2020 and February 11, 2021, 209,779 health insurance policies have been filed. Of the total number of policies, 54% are international, 34% from Sagicor and 12% from the National Insurance Institute (INS). Insurance in Panama: Market Figures up to 1st SemesterMonday, August 19, 2019 Between January and June 2019, premiums increased 4% compared to the same period in 2018, partly because of a 5% increase in health policies and 6% in group life insurance. The latest data published by the General Comptroller of the Republic indicate that between the first half of 2018 and the same period of 2019 the premiums of the branch of fire and multi-risk insurance registered a 12% increase. Insurance: Panamanian Market Grows to 4%Thursday, July 25, 2019 During the first five months of the year, premiums of $643 million were written, 4% higher than the $619 million reported for the same period in 2018. Statistics from the Superintendence of Insurance show that from January to May 2019, the three insurance companies subscribing the highest proportion of market premiums were Assa Compañía de Seguros, Compañía Internacional de Seguros and Mapfre Panamá, with 26%, 16% and 15% respectively. Vehicle Insurance: Low Penetration PersistsThursday, January 21, 2021 The increasing importation of used vehicles, the increase in the number of motorcycles and the perception that the risk to which drivers are exposed is low, are some of the reasons that explain why the penetration of vehicle insurance in the Guatemalan market is still only 10%. According to data from the Superintendence of Tax Administration (SAT) at the end of 2020 there were 4.11 million vehicles registered nationwide, this figure exceeded by 8% the 3.79 million reported at the end of 2019.
BUSINESS OPPORTUNITY
Tender for Group Insurance in El SalvadorThursday, January 28, 2021 The Supreme Court of Justice tenders hospital medical and life insurance policies for the 9,390 employees of the institution. El Salvador Government Purchase LP 11/2021: Commercial Real Estate: Outlook and UncertaintyTuesday, March 30, 2021 Because office buildings are empty, stores are open only a few hours, and hotel occupancy rates are considerably low in this health crisis, the outlook for commercial real estate has been clouded and an uncertain future is projected. Containment measures taken over the last year in response to the pandemic have closed stores and offices, and dealt a severe blow to demand for commercial real estate, particularly in the retail, hospitality and office segments, according to an analysis by the International Monetary Fund (IMF). Dominican Republic: Insurance Market Increases 29%Thursday, September 5, 2019 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: Insurance: Companies Operating Without AuthorizationWednesday, May 22, 2019 In Costa Rica, market supervisory authorities published a list of 16 companies that are not authorized to operate in the domestic market. The objective is to warn the public about the risk of insuring with companies not authorized or supervised in the country and, at the same time, prevent unscrupulous people from using the name of these entities, without their authorization, to sell illicitly insurance in the country, explains a report by Sugese. |
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Wednesday, April 21, 2021 - last update: 4:44 pm
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