Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Guatemala: Insurance Companies Broaden Range of ServicesMonday, November 28, 2011 Before new insurance companies join the market insurers are expanding their range of products and services. Starting next year it is expected that the Superintendency of Banks (SIB) will authorize the insurers Best Meridian Insurance Company (BMI) and the British Union Provident Association (Bupa) to start operations . New Insurer Enters Guatemalan MarketThursday, June 9, 2011 Best Meridian Insurance Company (BMI) has entered the market by acquiring the license to operate from Aseguradora Mundial-Colectivos Empresariales. BMI, is a company dedicated to the health, life, disability and financial services insurance and has a $7 billion portfolio of over 200 thousand customers. More Insurance Companies in GuatemalaWednesday, October 5, 2011 With the entry of the US firm BMI, Guatemalans now have a new health insurance option available in the country. The Superintendency of Banks (SB) has authorized a change in the corporate name of the company, which was registered in the country as the BMI Insurance Company of Guatemala, Sociedad Anonima. More Medical Insurance Comes to GuatemalaMonday, April 23, 2012 Three international insurers, BUPA Latinamerica, BMI Companies and Best Doctors Insurance Limited are organizing their entry into the health insurance market in Guatemala. Best Doctors Insurance Limited has agreements with Agromercantil Seguros SA, a local insurer to offer personal and business insurance. The formalization of their entry into the market is Wednesday, May 2nd. Canal Expansion: Work Continues at 30% CapacityTuesday, January 21, 2014 The construction consortium has not carried out its threat to stop construction work at the end of the prescribed period, while Canal Administration prepares to take on the project. And on Monday there were revelations of another proposal by consortium Grupo Unidos por el Canal (GUPC) for the continuation of the work, which was that the parties in conflict co-finance the so-called contingency costs, while they wait for a decision from the arbitration proceedings established in the contract, over who should pay. Honduras Ranked Last in Mining InvestmentThursday, March 1, 2012 Guatemala and Honduras are among the worst countries in the world in which to invest in the mining industry. The Policy Potential Index (PPI) is a composite index, which measures how attractive countries policies are for developing mining projects. It is published by the Fraser Institute, whose vision is a free and prosperous world where individuals benefit more when they have more choice, when markets are competitive, and when there is greater personal responsibility. Its mission is to measure, study and communicate the impact of competitive markets and government interventions on people’s welfare. Investing in Solar Energy Now ProfitableWednesday, March 21, 2012 Not too long ago it was difficult to get funding for solar projects. Currently, 15% returns are attracting investors like Warren Buffet, Google and Metlife. A short time ago investing in solar power generation was risky unless it had the guarantee of backing from the United States government, but today, the outlook for profits, around 15% of the investment, has made it an attractive business to get into. Diversification of Exports in Central AmericaThursday, September 25, 2014 In 2013 the export supply of the region in the international market was focused on integrated electronic circuits, coffee, bananas, sugarcane and medical devices. From a report by the Secretariat of Central American Economic Integration (SIEC): Agribusiness Business ConferenceWednesday, October 1, 2014 Exporters in Latin America and the Caribbean will meet with international buyers from October 8th to 10th in Mexico, in the city of Mérida. From a statement issued by the Inter-American Development Bank (IDB): Insurance: First Half 2009 and Outlook for 2010Monday, January 11, 2010 Fitch Central America published a special report called "Central American Insurance Sector: Performance in the First Half of 2009 and Outlook for 2010". Despite the economic contraction of Central American economies in the first half of 2009, the region's insurance industry grew 3% (excluding Panama) when compared to the same period of 2008, reaching $928.1 million in net premiums. Central American Foreign Trade FiguresWednesday, October 3, 2012 Exports totalled $13,10 billion between January and May 2012, for an annual growth 6.2%, lower than the same period of 2011, when growth reached 23.6%. SIECA Bulletin on American Foreign Trade from January to May: Central America Exported $15.56 billion in First SemesterThursday, October 18, 2012 From January to June 2012 exports for the region totaled $15.56 billion FOB, with annual growth of 5.7%, lower than in the same period of 2011, which was 22.7%. A statement from the Secretariat of Central American Economic Integration (SIECA) reads: Year 2012 Foreign Trade FiguresMonday, April 8, 2013 The region's exports in 2012 have been valued at $29.636 billion FOB, which is an increase of 7% compared to the exports recorded in 2011. CENTRAL AMERICAN EXTERNAL TRADE Data on External Trade January-November 2012Thursday, March 7, 2013 Central American countries exported $27.3 billion FOB from January to November 2012, growing by 8.3% compared to the same period in 2011. From a bulletin by the Secretariat of Central American Economic Integration (SIECA): |
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