Tuesday, April 23, 2024

Logo Central America Link

Insurance business has big potential and plenty room to grow

Wednesday, October 26, 2016


 

With its huge but largely unexplored potential, Central America is a very attractive market for the insurance business. The main challenge is the need to standardize services and products within the same platform.

Costa Rica, where annual premium income is $800 million, has the highest market penetration in the region, while Panama has the biggest market at just over $1 billion.

Full story in Spanish