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Latin American insurance and reinsurance update: Costa Rica, Mexico, Ecuador

  • Edwards Wildman Palmer LLP
  • -
  • Costa Rica, Ecuador, Mexico
  • -
  • March 2 2010

Aseguradora Mundial, the first foreign company authorized to sell insurance in the Costa Rican market, expects to roll out is first policy, an automobile insurance product, by April 2010

Costa Rican INS revives international expansion plans; double-digit market growth in Ecuador and Peru; IRB earnings decline 55.7 in Brazil

  • Edwards Wildman Palmer LLP
  • -
  • Brazil, Costa Rica, Ecuador, Peru
  • -
  • September 3 2009

As reported previously in this space, Costa Rica’s Instituto Nacional de Seguros’ international expansion plans were put on hold in May 2009 when the nation’s Comptroller General took the position that the INS was empowered only to partner with, not acquire or establish, foreign companies