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.
    “Pan-American Life’s 98-year history and the group’s experience throughout Latin America have played a fundamental role in this business development decision,” CEO José Suquet said. “Expansion into Costa Rica is a natural step that supports the company’s geographic expansion and regional strategic plan.”

    TIP: Get our latest content by joining our newsletter. Don't miss out on news that matter in Costa Rica. Click here.

    Entry into Costa Rica “will complete our total coverage” in Central America, Suquet said.
    Costa Rica recently approved a law authorizing private insurance competition. It is Central America’s second-largest insurance market behind Panama, according to Pan-American.

    Upon receipt of authorization from Costa Rica’s equivalent of the insurance commissioner’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.

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    Previous article
    Next article
    - Advertisement -
    - Advertisement -

    Latest News

    The Traditional “Boyeros” Parade Returned to San José

    Nearly 300 “Boyeros” with their respective yokes and carts, accompanied by music and folk dances, paraded through the streets of San Josè
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »

    Get TCRN In Your Inbox & Never Miss Any News That Matter In Costa Rica!