Tourists from New Markets for GuatemalaWednesday, November 28, 2012 With the European crisis and the fall in the number of visitors from that region, the Guatemalan Tourist industry is promoting itself in emerging countries and others where there are travelers with high purchasing power. Pedro Pablo Duchez, director of the Guatemalan Institute, Inguat, spoke at the opening of the Travel Market, saying, Travel Mart Latin America 2015 to be Held in GuatemalaThursday, May 29, 2014 Guatemala is to host the international event Travel Mart Latin America, which will be held in September 2015. Competing with Ecuador and Brazil, Guatemala won the position for 2015, becoming the next meeting point for travel service providers from Central and South America and buyers from around the world. It Is expected that the contract will be signed with the organizers in June. Bet on Convenience StoresWednesday, October 9, 2019 In Costa Rica, Inversiones AM PM announced that it plans to open four new convenience stores before the end of 2019. Representatives of Inversiones AM PM, owner of the AM PM and Fresh Market stores, explained that the store that is closest to being inaugurated is the one that will be located in Guayabos, Curridabat. Costa Rica: Personal Insurance Premiums Up 21%Friday, July 25, 2014 The sale of life, accident and health insurance rose from $113 million in June 2013 to $148 million in the same month in 2014. Figures from the Superintendence of Insurance (SUG) show the growing interest on the part of Costa Ricans in policies for medical expenses and life coverage. While the premiums for personal expenses policies, including the two mentioned above, grew by 21% last year, the increase in overall policies in the same period was 12%. In total they invested $566 million. Costa Rica Insurance: Claims Up 10%Wednesday, August 27, 2014 As of July claims for payments totaled $284 million, with personal insurance policies having increased the most. In the case of personal accident insurance, registered insurance companies reported an increase of 13% between July 2013 and March this year. "...Within this category, those that grew the most were those of health and accident insurance, going from $26 million to $28 million. " Insurance-Related Business OpportunitiesMonday, August 31, 2009 With Costa Rica opening its insurance market, opportunities arise for related services. Even though its effects are just being felt, the end of the insurance monopoly in Costa Rica is seen as a catalyst for the generation of related businesses. Insurance in Costa Rica: 5 Years of Free MarketThursday, August 8, 2013 After five years of monopolization, there are 13 insurers, 17 brokers companies, 63 agency companies and 49 auto insurance operators competing in the Costa Rican insurance market. Nacion.com reports: "Also noteworthy is the 442 products registered up to June this year, surpassing the 159 registered in the same month in 2010." Canal Expansion: Insurer Opposed to ACPTuesday, January 28, 2014 The Zurich insurance company will not disburse the bond to complete the work if the ACP terminates the contract with the consortium Grupo Unidos por el Canal. The insurance firm Zurich, which holds a performance bond for the work for $400 million, would not be willing to honor the guarantee if the Canal Authority completes the work using another contractor, part of the ACP's plan B which it is considering. Canal Expansion: Agreement Depends on InsurerMonday, February 17, 2014 The possibility of a joint injection of $200 million agreed between the parties now depends on the insurer Zurich to contribute $400 million as a deposit. The Panama Canal Authority (ACP) and Grupo Unidos por el Canal (GUPC) have reached a tentative agreement that includes the co-injection of $200 million, the payment by GUPC of a bill that is due, and extending the term of repayment of funds advanced by the ACP. Costa Rica: Free Competition Increased Health InsuranceThursday, November 7, 2013 Since the opening of the insurance market in 2008, this segment has doubled, being worth $60 million at the end of 2012. According to figures from the Superintendency of Insurance (SUG), between January and August this year, insurers paid out a total of $34 million in claims for health and accident insurance. Preference for Fruit Flavored YogurtTuesday, June 18, 2013 Fruit-flavored yogurts dominate 75% of market share in U.S. and 70% in Latin America. From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER): Where are the supermarkets in Central America?Wednesday, October 24, 2018 In Costa Rica about 30% of supermarkets are in San Jose, Guatemala, the metropolitan area concentrates 45% of establishments, while in Panama, 32% are in West Panama. An analysis of the Trade Intelligence area of CentralAmericaData provides interesting results on where they are located, who they are, if they operate independently or if they belong to a chain or business group. El Salvador Travel Market 2014Tuesday, October 21, 2014 Over thirty wholesale companies from the United States will participate in business roundtables with local operators on October 23rd and 24th in the capital. From a statement issued by the Ministry of Tourism of El Salvador (MITUR): Large Firms from the U.S. Go Shopping in NicaraguaFriday, November 23, 2012 Arriving in the country are: Walmart Global Food Sourcing Central America, Bagley Produce, Farm Fresh Market, Anthony Marano Company, Clarke & Stephen, LLP Legal Translator and Total Quality Logistics. According to Laprensa.com.ni , the six "major U.S. companies will arrive in Managua on 28 November to explore shopping opportunities in agribusiness in Nicaragua, and to get to know the facilities offered by the country for doing business." Panama Insurance Market - June 2016Tuesday, August 16, 2016 Three insurers accounted for 46% of the $693 million in premiums sold in the local market during the first half of the year. Assa Compañía de Seguros, Mapfre Panama and Internacional de Seguros (IS) are the three insurers that accounted for almost half of the premiums sold between January and June this year. Assa recorded premiums of $122 million, followed by Mapfre, with $102 million and IS, with $98 million. |
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