Fitch Publishes Costa Rican Insurance Dashboard for Year-End 2014

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 year-end 2014.

The Costa Rican Insurance Dashboard discusses the industry's expected growth rate, which is likely to increase given 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', dated Oct. 15, 2014.

Applicable Criteria and Related Research: Costa Rican Insurance Dashboard Year-End 2014

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=864301

Costa Rican Insurance Dashboard (First-Half 2014)

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

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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 Relation
Elizabeth Fogerty, +1 212-908-0526
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 Relation
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com