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Market segment outlook : Guatemala insurance

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      <subfield code="a">Market segment outlook</subfield>
      <subfield code="b">: Guatemala insurance</subfield>
      <subfield code="c">A.M. Best Company</subfield>
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      <subfield code="a">AM Best´s outlook on Guatemala´s insurance industry remains stable, owing to the following: an expected improvement of conditions in the Guatemalan economy, which should be reflected in healthy growth in the insurance market and the market´s capacity to further strengthen its capital base, as measured by the industry´s regulatory solvency margin and AM Best´s Capital Adequacy Ratio (BCAR). Economic activity tied to public investment and policies providing incentives to encourage private consumption helped the market to grow profitably during 2019. A continuation of such measures combined with strong underwriting practices could bolster insurance penetration and depth while maintaining profitable results.</subfield>
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      <subfield code="a">Mercado de seguros</subfield>
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      <subfield code="a">Productos de seguros</subfield>
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      <subfield code="a">Guatemala</subfield>
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      <subfield code="0">MAPA20110019426</subfield>
      <subfield code="a">América Latina</subfield>
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      <subfield code="v">February 21, 2020</subfield>
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