Costa Rica’s financial services supervisor, the Consejo Nacional de Supervision del Sistema Financiero (Conassif) recently unanimously selected Javier Cascante as the head of country’s new insurance superintendency, the Superintendencia General de Seguros (Sugese). Mr. Cascante previously served as the superintendent of the nation’s pensions superintendency (Supen), which has been responsible for overseeing the development of the nation’s insurance market pending the creation of the insurance superintendency. Mr. Cascante will take his place at the head of Sugese on January 1, 2010.
For previous posts regarding the development of the Costa Rican insurance market since its opening to private competition in the Fall of 2008, please click here.
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