More

    Pan-American Life pursues Costa Rican market

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    New Orleans-based Pan-American Life Insurance Group announced Wednesday that it has filed a request for authorization to enter the Costa Rican market.

    The company already is doing business in Central America, with offices in El Salvador, Guatemala, Honduras and Panama.
    โ€œPan-American Lifeโ€™s 98-year history and the groupโ€™s experience throughout Latin America have played a fundamental role in this business development decision,โ€ CEO Josรฉ Suquet said. โ€œExpansion into Costa Rica is a natural step that supports the companyโ€™s geographic expansion and regional strategic plan.โ€

    Entry into Costa Rica โ€œwill complete our total coverageโ€ in Central America, Suquet said.
    Costa Rica recently approved a law authorizing private insurance competition. It is Central Americaโ€™s second-largest insurance market behind Panama, according to Pan-American.

    Upon receipt of authorization from Costa Ricaโ€™s equivalent of the insurance commissionerโ€™s office, Pan-American has plans to prepare and file a customized portfolio of products, including individual life and health insurance, as well as group life, accident and health insurance.

    - Advertisement -
    Previous article
    Next article
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Crowdfunding Helps Democratize Real Estate Investments

    In addition to the fact that crowdfunding opens the door for people to invest in assets that they couldn't before, it allows them to diversify and build a large portfolio
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language ยป