Fitch Publishes Costa Rican Insurance Dashboard for 1H'14

NEW YORK & SAN SALVADOR, El Salvador--()--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)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=795569

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

Fitch Ratings
Riccardo Caruso
Analyst
+503 2516-6621
riccardo.caruso@fitchratings.com
Fitch Centroamerica
79 Av. Sur, Col. Escalon
San Salvador, El Salvador
or
Eduardo Recinos
Senior Director
+503 2516-6606
eduardo.recinos@fitchratings.com
or
Media Relations:
Elizabeth Fogerty, New York, +1 212-908-0526
Email: elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings
Riccardo Caruso
Analyst
+503 2516-6621
riccardo.caruso@fitchratings.com
Fitch Centroamerica
79 Av. Sur, Col. Escalon
San Salvador, El Salvador
or
Eduardo Recinos
Senior Director
+503 2516-6606
eduardo.recinos@fitchratings.com
or
Media Relations:
Elizabeth Fogerty, New York, +1 212-908-0526
Email: elizabeth.fogerty@fitchratings.com