Breaking the monopoly of insurance in the country would bring more growth to the market, because there are niches that are not well protected now, said Thomas Solely, mayor of Insurance.

What companies have shown interest to enter the country?

That have shown interest many, but only a national capital was formally made. We are studying the application. This company is ingrensado with the minimum capital required by law and would especializsada in personal insurance (the name can not be disclosed for confidentiality).

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Costa Rica finished 2008 as the largest insurance market in Central America, the only record in the first half net premiums of $ 290 million.

Costa Rica: The Costa Rican insurance market is the largest in Central America and this year also registered the highest growth with respect to June 2007 (25%). It is expected that the opening of the sector will translate into a market with greater choice of products, efficiency and transparency, while improving the regulation and supervision.

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International conglomerates will arrive in the country in 2009 to open new niches that were not covered during the monopoly

• INS woild ally with foreign insurers and financial entities to face competition
• Personal mainly life annuity accounts, to disease and accidents were the products come to market for new entrants in the country.

The breaking of a monopoly to 84 years old again appealing the insurance market to international conglomerates and several of them and suitcases ready for his arrival in Costa Rica.

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