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Radiography of the Insurance Sector in Central AmericaWednesday, September 21, 2016 Panama stands out as the country with the highest penetration rate in the region, and at the other end is Honduras, with the lowest rate, and below the average in Latin America. From a report by MAPFRE: "Trends of growth in insurance markets in Latin America": 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. ASSA Unveils its Portfolio of Products in Costa RicaThursday, August 5, 2010 The Panamanian insurer will offer offer 25 products in Costa Rica, available in both dollars and colones, the local currency. In a press conference, the insurance company unveiled half of its product portfolio, already available to the public. These products will be sold via brokers and agents. Opportunities in the Central American insurance marketTuesday, March 20, 2012 A low penetration level of insurance as related to GDP allows for sustainable growth of insurance businesses. In the past five years, Panama has seen an explosion of commercial development and an influx of insurance companies. The country is about to remake its insurance legislation, which is also aimed at helping the country become a regional hub for insurance and reinsurance, according to Carlos Abrahams, a director at Global Intermediaries. Global is a specialized reinsurance consultancy and brokerage in Panama City, Panama. Tender: Insurance Policies for $8 millionFriday, July 10, 2015 The National Bank of Panama wishes to take out health policies, life and personal accident insurance policies for the employees of the institution. Insurance Trends in NicaraguaWednesday, September 3, 2014 Auto policies are the fastest growing category, with an increase of 14% so far this year compared to 2013. Lack of a culture of prevention is preventing the emerging Nicaraguan insurance market from achieving high growth rates in most policies. Increase in Sales of Health Insurance in Costa RicaWednesday, November 5, 2014 Between January and September revenue from sales of these policies increased by 74% compared to the same period in 2013, with the sale of group insurance policies to companies being the factor driving the growth. According to data from the Superintendent of Insurance, in January-September, the sector as a whole has accumulated $116 million in premiums for such policies. Panama: Insurance Premiums Grow Up 10%Tuesday, July 1, 2014 In the first five months of the year the volume of premiums was $545 million, nearly $50 million more than in the same period in 2013. Automobiles, with premiums of $94 million and Health, with premiums of $91.8 million, are the sectors that grew the most compared to the previous period, with increases of 9.83% and 17%, respectively. Insurance Market in Honduras Grows by 10%Wednesday, February 22, 2012 At the end of last year, 2011, the insurance market reported a growth of 9.6% compared with 2010. According to the National Commission for Banking and Insurance (CNBS), growth in premiums was $28.7 million. Insurance Market up 14% in NicaraguaMonday, June 30, 2014 Between December 2012 and December 2013 revenue from premiums went from $138 million to $156 million. The pace of growth in the insurance sector in Nicaragua increased during the first quarter of 2014, registering premiums of $43 million, an increase of 21% compared to the same period in 2013. Good Prospects for Insurance CompaniesTuesday, May 29, 2012 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 ": 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. Optimistic Figures for the Insurance MarketFriday, January 26, 2018 The Guatemalan insurance association reports that at the end of the year premiums totaled $926 million, 8% more than in 2016. According to a report presented by the Guatemalan Association of Insurance Institutions, the growth of 7.7% was below the 9% that had been foreseen for 2017. It should be noted that medical insurance exceeded expectations, growing above 10%. Private Unemployment InsuranceWednesday, June 27, 2012 Guatemala has authorized the marketing of new insurances, including unemployment and terminal illness cover. With authorization from the Superintendency of Banks (SIB) unemployment insurance will be available in the short term. Latin America: The Golden Child for InsurersTuesday, May 21, 2013 During the first half of 2012, the insurance sector in Latin America had a premium volume of $77,085 million, maintaining growth rates of two digits. According to César Quevedo, deputy director of the Institute of Science at Seguro de Fundación Mapfre, the insurance industry is "key" to this global market. |
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Monday, May 23, 2022 - last update: Friday, 3:09 pm
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