Fitch Publishes Costa Rican Insurance Dashboard for 1H'15
OREANDA-NEWS. 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 insurer's. The report also examines the industry's performance, which was affected by deterioration in the net loss ratio given the aggressive price strategy followed by companies. Fitch also reviews the industry adequate liquidity and capitalization levels, 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.