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Average pre-tax profit in Central America down 3.5% in 2013

February 28, 2014 - 6:00am

A research report on the insurance market in Central America has revealed that the average profit before tax of the region's insurance sectors was $68.7 million in 2013, down 3.5%, reports

The average total insurance premiums recorded in the region reached $682 million, up 10.5%, with Nicaragua posting the highest growth of 13.5%. Premiums in Panama totaled $1.3 billion, while those in Costa Rica totaled $1 billion.

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