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Panama's insurance sector to grow 7 percent

Tuesday, January 7, 2014

Panama's insurance policy sales are likely to reach $1.3 billion this year, according to predictions by Eduardo Fábrega, former president of the country's insurance association.

The figure is 7 percent higher than the $1.25 billion in 2013.

But Fábregas said he is uncertain about car and fire insurance policies, as they often show the most difficulty when it comes to damage payment.

Source (in Spanish): Panamá América