Friday, December 19th, 2008
Next week is Christmas and and estimated 70.000 Nicaraguans living and working in Costa Rica are expected to make the trip to the homeland for the holidays.
Nicaraguan ambassador to Costa Rica, Harold Rivas, says that is the number his officials are estimating will cross the land border crossing at Peñas Blancas beginning this weekend.
The estimate is based on the number of people lined at the Nicaraguan embassy in San Jose requesting a temporary passport and registering children born in Costa Rica so that they obtain documents to travel from Costa Rica. (more…)
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Friday, December 19th, 2008
Finally Costa Ricans will have an opportunity to learn to drive properly with the approval of the Comisión Plena II del Congreso approved the bill “Ley de Regulación de las Escuelas de Manejo” – a law regulating driving schools.
The bill was presented by Guyón Massey of the Partido Restauración Nacional, that pretends to obligate driving schools to impart basic and uniform courses on the rules of the road, driving skills and the Ley de Tránsito (traffic laws). (more…)
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Friday, December 19th, 2008
Costa Rica’s Instituto Nacional de Seguros (INS) and the Costa Rican banking unit of London-based HSBC (NYSE: HBC) have signed an agreement under which the bank will sell INS insurance products, state-run INS said in a press release.
Starting January, Banco HSBC Costa Rica will sell INS life insurance policies which are especially suitable for being distributed through the bancassurance channel, an INS spokesperson told BNamericas.
These life products are one of the 17 types of insurance policies which INS has designed for being distributed through financial institutions, the official said.
Banco HSBC already sells some INS products, including credit card insurance, according to the spokesperson.
One of INS’s goals for the next few years is to significantly grow the share of life and health insurance premiums of total premiums, Guillermo Constenla, executive president of the state-run insurer, previously told BNamericas.
Life premiums accounted for 11% of the US$506mn in premiums reported by INS in 2007, according to the institution’s financial statements.
Banco HSBC, which has some 200,000 clients, will sell INS products through the bank’s 38-branch network.
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