Governance, Risk and Compliance – The Costa Rican Insurance Industry

Date: 2015-11

“• The insurance industry of Costa Rica is regulated by the General Insurance Superintendence.

• Composite insurance is permitted in Costa Rica.

• 100% FDI is permitted in the Costa Rican insurance industry.

• The key classes of compulsory insurance include motor third-party liability and aviation third-party liability insurance.

• Non-admitted insurance is not permitted in Costa Rica.”

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