Central America and the Caribbean · Central America & Caribbean · class C

Composite insurance companies in Central America and the Caribbean

12 licensed composite insurers, 80% of the 15 insurance entities supervised by the National superintendencies of Central America and the Caribbean (SUGESE Costa Rica, SIB Guatemala, CNBS Honduras, SSF El Salvador, SIBOIF Nicaragua, SSRP Panama, SIS Dominican Republic, CBTT Trinidad and Tobago among them); Bermuda Monetary Authority; Cayman Islands Monetary Authority. Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
ASSA Compania de Seguros (Panama)CCompositeGrupo ASSADomestic privateNational supervisorsUnverified
Assuria
Suriname
CCompositeAssuriaDomestic privateNational supervisorsUnverified
Ficohsa Seguros (Honduras)CCompositeFicohsaDomestic privateNational supervisorsUnverified
Guardian Group
Trinidad
CCompositeGuardian HoldingsDomestic privateNational supervisorsUnverified
INS (Instituto Nacional de Seguros, Costa Rica)State-ownedCCompositeCosta Rican StateState-owned / parastatalNational supervisorsUnverified
Mapfre BHD (DR)CCompositeMapfreIAIGForeign multinationalNational supervisorsUnverified
Seguros El Roble (Guatemala)CCompositeGrupo Financiero IndustrialDomestic privateNational supervisorsUnverified
Seguros G&T (Guatemala)CCompositeG&TDomestic privateNational supervisorsUnverified
Seguros LAFISE
Nicaragua/CA
CCompositeLAFISEDomestic privateNational supervisorsUnverified
Seguros Suramericana PanamaCCompositeSuraForeign multinationalNational supervisorsUnverified
Seguros Universal (DR)
Dominican Republic
CCompositeUniversalDomestic privateNational supervisorsUnverified
SISA (El Salvador)CCompositeImperiaDomestic privateNational supervisorsUnverified

About composite insurers in Central America and the Caribbean

How many composite insurers are licensed in Central America and the Caribbean?

12 of the 15 licensed insurance entities in Central America and the Caribbean are classified as composite (80%), according to the National supervisors register as reflected in this directory (not verified - knowledge).

Who regulates composite insurers in Central America and the Caribbean?

National superintendencies of Central America and the Caribbean (SUGESE Costa Rica, SIB Guatemala, CNBS Honduras, SSF El Salvador, SIBOIF Nicaragua, SSRP Panama, SIS Dominican Republic, CBTT Trinidad and Tobago among them); Bermuda Monetary Authority; Cayman Islands Monetary Authority (National supervisors), under Bermuda (~1,100 insurers) and Cayman (~650 captives) are the region's reinsurance and captive hubs.

Are the composite insurers in Central America and the Caribbean locally or foreign owned?

2 of 12 belong to regional or foreign multinational groups (including Assuria, Mapfre, Sura), 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/central-america-and-caribbean.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.