Costa Rica Insurance Q4 2018
The Costa Rican insurance sector is poised to grow at a robust pace in 2018 and over the next five-years to 2022 and willdisplay healthy organic growth potential. The country is home to a small yet dynamic insurance market where primary driversbolstering premiums include rising household incomes, expanding savings levels and a strong uptick in discretionary spendingpowers. We further note that the headline economic growth in the country will provide a supportive environment for insurancecarriers to actively upsell their basic and value-added premium products to the public at large. In addition to the consumer, theprogressively sophisticated enterprise environment will generate further demand for a broad spectrum of corporate covers over thecoming years.
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