American Expatriate Costa Rica

INS leaves losses in insurance behind and reaches balance

The National Insurance Institute (INS) managed about 2 billion colones in profits in the insurance field and the losses of up to 10 billion colones that had occurred in 2015 were left behind.

This was announced Elién Villegas, CEO of INS, who was satisfied as he got out of the negative results that had been presented and complemented with good returns reported by the investment portfolio.

In the line of insurance, we are in a situation of parity and it’s very good and it means that things were very well done,”

said Villegas.

In 2016 the INS reported 108 billion in gross profits, unlike the 78 billion that were obtained in 2015.

Villegas said they hope to work harder in the coming months to project better prevention in the country. In addition, the company will seek to strengthen internal processes, to continue consolidation in the insurance market.

crhoy.com