Posted on 2018-11-07
In the first nine months of this year, premiums of $1,115 million were written in Panama, exceeding by 4.9% the value reported in the same period of 2017
The latest data from the Insurance and Reinsurance Superintendence, between the first nine months of 2017 and the same period in 2018, the value of premiums written went from $1.063 million to $1.115 million.
Up to September this year, by category, health policies are the ones that maintain the largest proportion of the market with 21% of the total, followed by cars with 20% and life groups $227 million.
For the periods in question, the health premiums written increased 9%, rising from $214 million in 2017 to $233 million in 2018.
Our Panama attorneys law firm offers a Guide to Doing Business in Panama completely FREE! Download here!Get it now