Fitch Publishes Costa Rican Insurance Dashboard for 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.
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