Navigation Links
Pan-American Life Insurance Group Plans to Complete Coverage in Central America With Entry Into Costa Rica; Company Files Request for Authorization
Date:9/30/2009

NEW ORLEANS, Sept. 30 /PRNewswire/ -- Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services, announced today that the company has filed a request for authorization to enter the Costa Rican Market.

"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. Expansion into Costa Rica is a natural step that supports the company's geographic expansion and regional strategic plan," said Jose S. Suquet, Chairman of the Board, President and CEO of Pan-American Life. "As an insurance industry leader in the region, ranked number 1 by collective market share in life and health insurance, entry into Costa Rica will complete our total coverage in the region - while underscoring our commitment to Central America."

Costa Rica's insurance market recently approved a new law authorizing private competition. It is currently Central America's second largest insurance market behind Panama, where Pan-American Life has had operations since 1912. Pan-American Life also has offices and affiliates in Honduras (1944), Guatemala (1914) and El Salvador (1911); and a strategic alliance with a leading insurance provider in Nicaragua to accommodate multinational clients.

"The Costa Rican insurance market is ready for substantial expansion," said Eugenio Magdalena, Executive Vice President of International Markets, Pan-American Life. "The growth potential is overwhelmingly evident when considering that Costa Rica's close neighboring personal insurance market, Panama, is almost four times greater in terms of premiums, even though both countries per capita GNP are similar, with Costa Rica roughly having one million people more than Panama."

Upon receipt of authorization from the Superintendencia General de Seguros - Costa Rica's equivalent of the Insurance Commissioner's Office, Pan-American Life
'/>"/>

SOURCE Pan-American Life Insurance Group
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Texas Doctor Files Case Pro Se in U.S. Supreme Court Against Insurance Giant on Integrity and Unethical Practices
2. Open Letter to Congress on Long Term Care Insurance and Health Care Reform
3. Rate Regulation for Health Insurance: Biden, Obama Administration Should Look to CAs Model Law Which Has Saved Drivers $62 Billion Since 1988
4. Healthcare Reform Must Include Full Participation by Licensed Professional Insurance Agents
5. Democratic Governors Urge Congress to Act on Health Insurance Reform
6. 45,000 excess deaths annually linked to lack of health insurance: Harvard study
7. HTH Worldwide Introduces Trip Protection Insurance With Major Medical Benefits
8. Regence BlueShield Receives Top Marks in Insurance Survey
9. Timothy L. Culvers New Book, Saras Story, Describes His Wifes Recovery and Battles with Health Insurance Companies
10. Lack of Insurance to Blame for Almost 45,000 Deaths: Study
11. Allied Worlds Nicole Baummer to Speak on Panel at National Employment Practices Liability Insurance ExecuSummit
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 22, 2015 Blue Cross and Blue Shield ... exemplify what it means to “Live Fearless.” , ... to share their stories about how they or someone they ... others by living in the moment. By telling these types ...
(Date:1/22/2015)... York (PRWEB) January 22, 2015 Thousand ... Fresenius Medical Care recalled its GranuFlo and NaturaLyte dialysis ... litigation underway in U.S. District Court, District of Massachusetts, ... January 20th, the Court has remanded a case filed ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 A ... Sports Medicine flagship journal Medicine & Science in ... before exercise may help reduce gastrointestinal (GI) problems ... , Participants in the double-blind, placebo-controlled study ...
(Date:1/22/2015)... DC (PRWEB) January 22, 2015 Payday ... in vulnerable communities and cause financial distress to the ... by analysts at Howard University’s Center on Race and ... dollars in economic activity, payday loans at the same ...
(Date:1/22/2015)... Lower-Auto-Insurance.com has released a new blog post explaining the importance of ... the costs of an auto insurance policy . , Clients ... prices for their vehicle insurance policies. The safety a vehicle offers ... Because of this, drivers should always carry a first aid ...
Breaking Medicine News(10 mins):Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 3Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 4Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:Howard University Spotlights the Economic Impact of Payday Lending in Southern States 2Health News:Driving Safe And Other Factors That Make Auto Insurance Affordable! 2
... ... ... ... ...
... ... ... ... ...
... of men, women and children experience family violence ... Justice. Traditionally, therapy for violence survivors has predominantly ... contrast, a University of Missouri researcher broadens the ... resilience, resourcefulness, and ability to overcome adversity. ...
... broad response, including consuming less salt and getting more exercise ... too much salt and cutting down on that consumption should ... hypertension. , That,s one of the key messages of an ... for Disease Control and Prevention and released Monday, that calls ...
... ... ... ... ...
... ... ... ... ...
Cached Medicine News:Health News:The American Association on Health and Disability (AAHD) and the Susan G. Komen for the Cure Partner to Increase Accessibility for Women with Disabilities at Mammogram Facilities in the DC Metro Area 2Health News:The American Association on Health and Disability (AAHD) and the Susan G. Komen for the Cure Partner to Increase Accessibility for Women with Disabilities at Mammogram Facilities in the DC Metro Area 3Health News:The American Association on Health and Disability (AAHD) and the Susan G. Komen for the Cure Partner to Increase Accessibility for Women with Disabilities at Mammogram Facilities in the DC Metro Area 4Health News:The American Association on Health and Disability (AAHD) and the Susan G. Komen for the Cure Partner to Increase Accessibility for Women with Disabilities at Mammogram Facilities in the DC Metro Area 5Health News:WellPoint/Blue Cross Liver Transplant Denial Trial Begins Today, Illustrates Need for Toughening of White House Reform Plan 2Health News:WellPoint/Blue Cross Liver Transplant Denial Trial Begins Today, Illustrates Need for Toughening of White House Reform Plan 3Health News:WellPoint/Blue Cross Liver Transplant Denial Trial Begins Today, Illustrates Need for Toughening of White House Reform Plan 4Health News:WellPoint/Blue Cross Liver Transplant Denial Trial Begins Today, Illustrates Need for Toughening of White House Reform Plan 5Health News:WellPoint/Blue Cross Liver Transplant Denial Trial Begins Today, Illustrates Need for Toughening of White House Reform Plan 6Health News:Husbands' hostile, anti-social behaviors increase wives' symptoms of depression, researchers find 2Health News:Report Calls High Blood Pressure a 'Neglected Disease' 2Health News:Report Calls High Blood Pressure a 'Neglected Disease' 3Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 2Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 3Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 4Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 5Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 6Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 7Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 8Health News:Spanish Only, Please: Special Latino Clinic Launched For Potential Abdominal Transplant Patients 9Health News:Rate Regulation for Health Insurance: Obama Administration Should Look to CA's Model Law Which Has Saved Drivers $62 Billion Since 1988 2Health News:Rate Regulation for Health Insurance: Obama Administration Should Look to CA's Model Law Which Has Saved Drivers $62 Billion Since 1988 3Health News:Rate Regulation for Health Insurance: Obama Administration Should Look to CA's Model Law Which Has Saved Drivers $62 Billion Since 1988 4Health News:Rate Regulation for Health Insurance: Obama Administration Should Look to CA's Model Law Which Has Saved Drivers $62 Billion Since 1988 5Health News:Rate Regulation for Health Insurance: Obama Administration Should Look to CA's Model Law Which Has Saved Drivers $62 Billion Since 1988 6
(Date:1/23/2015)... Jan. 23, 2015  CytoSorbents Corporation (NASDAQ CM: CTSO), ... extracorporeal cytokine adsorber to reduce deadly inflammation in ... of $385,642, net of transaction costs, in non-dilutive ... Business Tax Certificate Transfer Program sponsored by the ...
(Date:1/23/2015)... BOSTON , January 23, 2015 Heptares ... is delighted to announce that the Malcolm Campbell ... Congreve (Vice President of Chemistry), Fiona Marshall ... (Chief Executive Officer and co-founder) for the seminal contributions to ...
(Date:1/22/2015)... 22, 2015  BiOptix is pleased to announce the appointment ... of Chemistry and Biochemistry. Scott joins the company after previous ... Amgen throughout the course of his nearly 20 year ... is a nationally recognized thought leader in the biosensor ...
Breaking Medicine Technology:CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 2Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 4BiOptix Expands Leadership Team with the Appointment of Dr. Scott Klakamp as Vice President of Chemistry and Biochemistry 2
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
... The Featured Products are ... Mediflex and are offered ... in regular or extra ... equipped with insulation, flush ...
Medicine Products: