Development of new insurance market in Costa Rica

In recent years, the insurance market in Costa Rica has experienced a process of innovative transformation.

The long-awaited transition from a monopolistic market into a competitive arena has attracted various foreign insurers, while local consumers are already benefiting from the liberty of choice between various policies from authorised insurers.

Esteban Carranza of Lara, López, Matamoros, Rodríguez & Tinoco surveys the changes.



Source: WhosWhoLegal