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Cost Rica, Nicaragua expected to drive Central America premium growth: Fitch

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A report by Fitch Ratings Ltd. has said that Central America is expected to register premium growth of 5% in 2016 and 7.5% in 2017, BNamericas reported. In Costa Rica, premiums are expected to grow by 15-18% in 2017. Nicaragua is likely to enjoy premium growth of 13% in 2016 and 10-11% in 2017, while Honduras' average premium growth is expected to be 7-8% in both the years. In Guatemala, premiums are projected to rise by 4% for both the years, while premium growth in El Salvador is likely to be 3-5%.

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