NEW YORK & SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Fitch Ratings has published a new Costa Rican Insurance Dashboard. The report highlights the key events affecting the industry as of the first half of 2014.
The Costa Rican Insurance Dashboard discusses the industry's expected growth rate, which is likely to increase given the country's positive economic growth rate and the consolidation of strategies implemented by the insurers. The report also examines the industry's performance, which is still affected by the high start-up cost encountered by insurers in their initial operating phase. Fitch reviews the slightly increasing trend on leverage ratios, due to the continuous increase in retained premiums, but expects them to remain in an adequate level due to the country's conservative regulatory framework. Lastly, a review of the sector's outlook is discussed along with the expected outlook of the industry's ratings.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Costa Rican Insurance Dashboard 1H14
Applicable Criteria and Related Research: Costa Rican Insurance Dashboard (First-Half 2014)