By clicking on the logos of each insurer, you can find up-to-date details on the different types of coverage policies you require. Find the best insurance cost, coverage, and claim support. Select the insurer you trust.
List of Insurance Companies and Logos in Belize
All
Pacific Prime
An insurance broker specializing in international health insurance.
RF&G Belize Life Insurance Company Limited
A member of The Roe Group of Companies, its core business is the provision of coverage for life and health insurance.
Bupa
Provides premium international health insurance with a strong global network.
CG United Insurance Ltd
Offers auto, property, health, and business Insurance. Its trusted solutions and regional expertise are vital for protecting assets.
ICB Insurance: Comprehensive Coverage in Belize
Offers various insurance products including property, marine, hull, motor, cargo, liability, and miscellaneous coverages.
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
Health and Climate Context in Belize
Belize is the only English-speaking country in Central America, with a territory of 22,966 km2, bordering Mexico, Guatemala, and the Caribbean Sea. An estimated 31% of the population lives along the coast.
In 2015, Belize had a population of 375,900. Life expectancy was estimated at 73.7 years (71.1 for men and 76.6 for women). Belize is a small, developing, upper-middle-income country. Its socioeconomic and health progress is reflected in a Human Development Index score of 0.715 in 2015. The economy is dependent on agricultural exports. (Source: Health in the Americas 2017 Edition, PAHO).
Strengthening Climate Resilient Health Systems
On June 28, 2022, the Pan American Health Organization/World Health Organization (PAHO/WHO), with funding from the European Union (EU), hosted a meeting to strengthen Climate Resilient Health Systems in Belize. In collaboration with the Ministry of Health and Wellness (MoHW), the goal is to develop a comprehensive health chapter in the National Adaptation Plan (H-NAP).
Belize is one of 16 Caribbean countries participating in a five-year project aimed at building the climate resilience of health services to better prepare and respond to climate threats. Climate change has had a significant impact on people’s health in the Caribbean, disrupting physical, biological, and ecological systems. This includes impacts on vector and waterborne diseases, respiratory illnesses, and mental health disorders. The Caribbean, including Belize, has been severely impacted by intense hurricanes, abnormally hot days, and floods.
“Climate change threatens the achievement of universal health coverage…by compounding the burden of diseases and exacerbating existing barriers to accessing health services,” said Dr. Noreen Jack, PAHO/WHO Representative in Belize.
Mr. John Bodden, Principal Public Health Inspector, also provided remarks on behalf of the MoHW. “In a time of limited finances, preparedness will reduce challenges, fear, anxiety, and losses that accompany disasters. The minister wants to publicly commit his support to the advancement of the agenda to build our resilience to climate change impacts.”
The overall objective of the project is to identify existing policies and programs to address the health burdens associated with climate change and to identify current and planned targeted interventions. Through this project, Belize will be able to work collaboratively to strengthen its health sector’s capacity to better adapt to climate change.
Welcome to your comprehensive guide to the South African insurance market. As one of the most sophisticated markets in Africa, it offers a wide range of products from world-class domestic and international providers.
Navigating the options—from medical aid schemes to funeral cover and car insurance—can be complex. This guide provides the essential information you need to understand the market, verify providers, and choose the right coverage for you and your family.
How to Choose an Insurance Company in South Africa
Before you begin comparing quotes, follow these critical steps to ensure you are dealing with a legitimate and reliable company.
1. Verify the Provider with the FSCA
This is the most important step. All credible insurance companies in South Africa are regulated by the Financial Sector Conduct Authority (FSCA). The FSCA’s role is to protect consumers and ensure that financial institutions are stable and trustworthy. Before engaging with any insurer, you should verify that they have a valid FSP (Financial Service Provider) license on the FSCA’s official public register.
2. Understand Your Coverage Needs
The South African market has specific product categories. Determine what you need:
Medical Aid: For private healthcare access.
Short-Term Insurance: For your car and home.
Life Insurance: To provide for your dependents.
Funeral Cover: A hugely popular product to cover burial expenses.
3. Compare Quotes and Benefits
Obtain quotes from multiple providers. Do not focus solely on the premium; analyze the benefits, coverage limits, exclusions, and excess (deductible) amounts to understand the true value of each policy.
4. Check a Company’s Reputation and Claims Service
Look for online reviews on platforms like HelloPeter and check the company’s claims-paying reputation. An insurer is only as good as its ability to pay claims efficiently and fairly when you need it most.
Directory of Insurance Providers in South Africa
Explore our directory of major insurance providers operating in South Africa. Use the filters to sort by category and click on any logo for more detailed information and a link to their official website.
All Insurers
General & Life Insurers
Health Insurance Providers
Specialty Insurers & Global Reinsurers
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Other Financial Institutions (Motoring Clubs)
Retirement Savings
Discovery
Innovative health, life, and investment provider known for its Vitality program.
General & Life Insurers
OUT
OUTsurance: A direct insurer known for its cash OUTbonus and personal lines products.
General & Life Insurers
Olea Insurance
A leading pan-African insurance broker providing risk management and advisory services.
Insurance Brokers & Risk Advisors
King Price Insurance
Newer player, gaining popularity with unique decreasing car premiums and excellent customer service.
General & Life Insurers
Old Mutual | African financial services group
A leading African financial services group offering savings, investment, and insurance.
General & Life Insurers, Retirement Savings
Sanlam Insurance
outh Africa's largest short-term insurer, specializing in car, home, and business insurance since 1918.
General & Life Insurers
Momentun
A major financial services group offering insurance, investments, and health solutions.
General & Life Insurers, Health Insurance Providers
Allianz Global Health Insurance
Provides worldwide health insurance products and solutions.
Health Insurance Providers
Hollard
Offers a range of specialty insurance products, often in partnership with other well-known brands
General & Life Insurers
Munich Re
A global reinsurer that provides reinsurance capacity and risk solutions.
Specialty Insurers & Global Reinsurers
Chubb Insurance
Global leader in property, casualty, and specialty insurance for diverse clients.
General & Life Insurers
Liberty Health
Provides corporate and pan-African health insurance and administration solutions.
Health Insurance Providers
AXA
A global insurer providing a wide array of solutions, including auto, home, life, and health insurance.
General & Life Insurers
Hannover Re
One of the world's largest reinsurers with a diverse portfolio.
Specialty Insurers & Global Reinsurers
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
Insurance Brokers & Risk Advisors
AA
Offers roadside assistance and a range of personal insurance products.
Other Financial Institutions (Motoring Clubs)
Swiss Re
A leading global reinsurer supporting the local market.
Specialty Insurers & Global Reinsurers
Allianz Trade
Specializes in trade credit insurance.
Specialty Insurers & Global Reinsurers
HSBC
Offers life and investment insurance tied closely with banking services.
Other Financial Institutions (Banks)
HDI
A German-backed insurer with a strong international presence in industrial and commercial lines.
General & Life Insurers
Gen RE
A global reinsurer that provides capacity to other insurance companies.
Specialty Insurers & Global Reinsurers
Coface
A global leader in trade credit insurance.
Specialty Insurers & Global Reinsurers
Auto&General
Provides affordable and straightforward car, home, and personal insurance products.
General & Life Insurers
Clientele
Specializes in direct-to-consumer funeral, life, and legal insurance plans.
General & Life Insurers
Zurich
Provides life, health, property, and casualty insurance.
General & Life Insurers
CENTRIQ
A specialist insurer providing cell captive and alternative risk transfer solutions.
Specialty Insurers & Global Reinsurers
GUARDRISK
A specialist in cell captive insurance and alternative risk financing solutions.
Specialty Insurers & Global Reinsurers
LLOYD’S
Lloyd’s is the world’s leading insurance market providing specialist insurance services to businesses in over 200 countries and territories
Specialty Insurers & Global Reinsurers
Standart Bank
Insurance coverage for global banking clients.
Other Financial Institutions (Banks)
Pacific Prime
An insurance broker specializing in international health insurance.
Insurance Brokers & Risk Advisors
Understanding Key Insurance Types in South Africa
Medical Aid Schemes: It’s crucial to understand that in South Africa, private healthcare is primarily accessed through Medical Aid Schemes, not traditional health insurance. These are non-profit trusts regulated by the Council for Medical Schemes (CMS). They cover a set list of treatments (Prescribed Minimum Benefits) and offer various plans. Key players include Discovery Health, Momentum, and Bonitas.
Car and Home Insurance: This short-term insurance covers assets against theft, accidents, and damage. Given challenges like load-shedding, ensure your policy covers risks related to power outages, such as security system failures.
Life Insurance: Provides a lump sum to your beneficiaries upon your death, securing their financial future. Major providers include Old Mutual, Sanlam, and Liberty.
Funeral Cover: A specific and highly popular type of insurance in South Africa designed to cover the immediate and often high costs of a funeral. This ensures that a family is not burdened financially during a difficult time.
Frequently Asked Questions (FAQ)
Q1: Who regulates insurance companies in South Africa? The main regulator for conduct is the Financial Sector Conduct Authority (FSCA). You should always verify that a company has an FSP license from the FSCA before purchasing a policy. Medical Aid schemes are regulated separately by the Council for Medical Schemes (CMS).
Q2: What is the difference between a Medical Aid and Health Insurance?Medical Aid Schemes are non-profit entities required by law to cover a specific set of health services (PMBs). Health Insurance is a for-profit product that covers a stated set of events (e.g., hospitalization for an accident) up to a certain financial limit, and is not a substitute for Medical Aid.
Q3: Who are the largest insurance companies in South Africa? The South African market is dominated by several large, established players. For life insurance and investments, Old Mutual and Sanlam are giants. For medical aid, Discovery is the largest. In short-term (car and home) insurance, Santam and Hollard are major competitors.
This page will help you find the logos and names of the most important Chilean insurance companies. The country’s history, marked by events like the Great Chilean Earthquake of 1960—the most powerful earthquake ever recorded—underscores the importance of robust insurance coverage.
By clicking on the logos of the insurance companies below, you can get up-to-date information to help you choose the most advantageous coverage for your needs.
The picture shows how Valdivia was left after the great earthquake of 1960. The Valdivia Earthquake of 1960, or the Great Chilean Earthquake of May 22, is the most powerful earthquake ever recorded. Various studies have placed it between 9.4 and 9.6 on the magnitude scale. It occurred in the afternoon (19:11 GMT, 15:11 local time) and lasted about 10 minutes. The resulting tsunami affected southern Chile, Hawaii, Japan, the Philippines, eastern New Zealand, southeastern Australia, and the Aleutian Islands.
Major Insurance Providers in Chile
All
HDI Seguros
A property, casualty, and financial lines insurance provider.
SURA
Offers comprehensive insurance solutions for individuals and families.
MetLife
Offers a range of insurance and retirement solutions, including group benefits and dental/disability plans.
Chilena Consolidada
A significant player in the Chilean market, offering a wide range of life, health, and property insurance products.
CESCE-Chile
Specializes in credit, export, and business insurance to support local companies and international trade.
BCI Seguros
A cornerstone of Chile's insurance market, providing innovative auto, home, life, and commercial insurance
Chubb
Offers a broad range of property, casualty, accident, health, and life insurance products.
AXA
A global insurer providing a wide array of solutions, including auto, home, life, and health insurance.
BNP Paribas Cardif
Specializes in credit insurance, life insurance, and savings products.
Bupa
Provides premium international health insurance with a strong global network.
Mapfre
A trusted insurance partner offering auto, home, life, and health insurance.
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
Solunion
Offers credit insurance and surety bond solutions.
STARR
Offers specialty insurance for aviation, marine, and liability.
Zurich
Provides life, health, property, and casualty insurance.
AFP Habitat
A leading pension fund administrator in Chile, managing retirement savings.
Prudential
A global brand offering life insurance and investment solutions.
HSBC
Offers life and investment insurance tied closely with banking services.
Everest
Offers a wide range of specialty insurance, reinsurance, and property casualty products.
Howden
An international insurance broker with a focus on corporate risk.
Coface
A global leader in trade credit insurance.
Marsh
A global insurance broker and risk advisor.
Pacific Prime
An insurance broker specializing in international coverage.
Directory of Licensed Insurers in Chile
Explore the updated list of names of insurance companies based in Chile. Find reliable providers offering health, life, and property insurance. Compare plans, coverage options, and networks to choose the best insurance solution for your needs in Chile.
Chile’s healthcare system operates through both public and private insurance models
Fonasa (Fondo Nacional de Salud): This is the public coverage provider. All workers and pensioners must contribute 7% of their income to health coverage (with some exemptions for the lowest-income pensioners). Anyone not enrolled in a private plan is automatically covered by Fonasa. Beneficiaries can access public and select private health providers. For all Fonasa members, care within the public network is free of charge.
Isapres (Instituciones de Salud Previsional): These are private insurance companies that offer plans tailored to individual needs. Isapres customize their plans based on factors like income, age, and medical history. Members contribute an average of 9.2% of their income, with the amount above the mandatory 7% used to enhance benefits. These plans often provide shorter waiting times and greater access to specialized care through preferred provider networks.
Whether you’re looking into public or private options, researching the best health, life, and property insurance in Chile is a practical first step to making an informed decision with confidence.
This page will help you quickly find the logos and names of the most important Bolivian insurance companies. By clicking on the logos of insurance companies in Bolivia, you will instantly get up-to-date information on insurance matters to help you choose the most advantageous coverage.
Directory of Bolivian Insurance Companies
All
La Vitalicia
Offers life, health, retirement, disability, accident, savings, education, funeral, and group insurance, as well as annuities and pension fund management.
Zurich
Provides life, health, property, and casualty insurance.
Illimani
Offers auto, construction, liability, personal accidents, customs bonds, contract compliance, international transport, property, equipment, and theft insurance.
Allianza Seguros
Provides coverage for vehicles, home, SMEs, corporate, health, life, personal accidents, civil liability, transport, fire, theft, machinery, construction, bonds, agricultural, marine, aviation, and engineering.
Cardinal Assistance
Offers travel, medical, legal, and other assistance services.
Bupa
Provides premium international health insurance with a strong global network.
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
In the insurance sector, policies are typically categorized based on the type of risk they cover. Broadly, insurance is classified into three main groups.
1. Property Damage Insurance This type of insurance covers the financial interest a person or entity holds in certain assets, aiming to protect against economic losses from unforeseen events like fire, theft, or natural disasters. Property damage insurance has a compensatory nature, meaning the insurer compensates for the actual loss suffered, not for any financial gain.
2. Personal Insurance is designed to cover individuals against risks related to their life, physical integrity, or health. It includes:
Life insurance: This policy pays a benefit upon the death of the insured or, in some cases, upon survival to a certain age.
Accident and health insurance: These policies cover events that may cause physical injury, disability, or illness, helping to cover medical expenses, rehabilitation, or income loss.
3. Social and Compulsory Insurance Social insurance, often part of a national social security system, is structured to protect workers and their dependents from fundamental life risks like illness, disability, unemployment, and death. Compulsory insurance is required by law in specific situations, such as civil liability insurance for motor vehicles, to ensure that victims of accidents receive compensation.
Welcome to your definitive guide to the Brazilian insurance market (Bem-vindo ao seu guia definitivo sobre o mercado brasileiro de seguros). As South America’s largest economy, Brazil boasts a dynamic and highly competitive insurance sector, with a wide range of local and international providers.
Whether you’re an expatriate seeking health coverage, a resident looking for car insurance, or a business assessing risk, this guide will provide you with the essential information to navigate your options, compare policies, and make a secure choice.
How to Choose an Insurance Company in Brazil (Como escolher uma seguradora no Brasil)
Before exploring the providers, follow these crucial steps to ensure you select a trustworthy and suitable insurer.
1. Verify the Insurer with the Official Regulators
This is the most important step for your protection. Insurance in Brazil is overseen by two main government agencies:
SUSEP (Superintendência de Seguros Privados): Regulates all life, auto, property, and general insurance companies.
ANS (Agência Nacional de Saúde Suplementar): Specifically regulates all private health insurance plans (planos de saúde).
Before committing to a policy, always confirm the company is licensed by checking the official public registries on the SUSEP and ANS websites. This guarantees the insurer is solvent and operating legally.
2. Compare Quotes and Understand Policy Terms
Obtain quotes from several different insurers. Price is important, but you must read the policy details (apólice) to understand coverage limits, deductibles (franquias), and exclusions. In Brazil, it’s also important to understand how policies are adjusted for inflation.
3. Evaluate Customer Service and Claims Reputation
Research the company’s reputation for handling claims. Check online consumer protection portals like: Clame Aqui to see feedback from current policyholders. Quick and fair claim resolution is a key indicator of a quality insurer.
Directory of Leading Insurance Providers in Brazil(Diretório dos principais provedores de seguros no Brasil)
Explore our directory of major insurance providers operating in Brazil. Use the filters to sort by category and click on any logo for more detailed information and a link to their official website.
All Insurers
General & Life Insurers
Health Insurance Providers
Specialty Insurers & Global Reinsurers
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Retirement Savings
Porto Seguro
Leading Brazilian insurer, diverse products, strong customer service.
General & Life Insurers
Brasilseg Companhia de Seguros
Major player, broad coverage, strong market presence.
General & Life Insurers
Tokio Marine Seguradora S.A.
Global expertise, wide range of insurance solutions.
General & Life Insurers
Bradesco Vida e Previdência S.A
Top life and pension provider, banking group backing.
General & Life Insurers
Mapfre
A trusted insurance partner offering auto, home, life, and health insurance.
General & Life Insurers
Bradesco Seguros
A leading provider in the Brazilian market, offering a wide range of life, property, and health insurance products.
General & Life Insurers
HDI Seguros
A property, casualty, and financial lines insurance provider.
General & Life Insurers
Allianz
Offers a wide range of insurance products including property, casualty, life, health, and accident insurance.
General & Life Insurers
Zurich Santander Brasil Seguros e Previdência S.A
Joint venture, multi-line insurance, life and pension.
General & Life Insurers, Other Financial Institutions (Banks)
Itau
Provides a diverse range of insurance products including life, property, and casualty, leveraging its strong banking presence.
Other Financial Institutions (Banks)
Azul Seguros
Known for vehicle insurance, competitive offerings.
General & Life Insurers
Prudential | Life, Health & Retirement Insurance
Life, Health & Retirement Insurance
General & Life Insurers, Retirement Savings
Icatu Seguros S.A
Expertise in life insurance and private pension plans.
General & Life Insurers
Chubb
Offers a broad range of property, casualty, accident, health, and life insurance products.
General & Life Insurers
Sompo S.A.
Global insurer, strong in various property and casualty lines.
General & Life Insurers
BRASIL PREVISORA
Offers a variety of insurance products including life, health, auto, home, and business coverage.
General & Life Insurers, Retirement Savings
Yelum Seguradora
Offers a diverse portfolio including property, casualty, life, and health insurance.
General & Life Insurers
BNP Paribas Cardif
Specializes in credit insurance, life insurance, and savings products.
Specialty Insurers & Global Reinsurers
MetLife
Offers a range of insurance and retirement solutions, including group benefits and dental/disability plans.
General & Life Insurers
Berkley
A commercial lines property and casualty insurer.
General & Life Insurers
Munich Re
A global reinsurer that provides reinsurance capacity and risk solutions.
Specialty Insurers & Global Reinsurers
AIG
A recognized insurer for property, civil liability, financial lines, and global specialty coverage.
Specialty Insurers & Global Reinsurers
AXA
Offers life, health, auto, home, business, and agricultural insurance.
General & Life Insurers
Bupa
Provides premium international health insurance with a strong global network.
Health Insurance Providers
Mapfre Re
The reinsurance arm of Mapfre, providing reinsurance to other insurers.
Specialty Insurers & Global Reinsurers
MAPFRE ASISTENCIA
A global insurer with a strong presence in Brazil, offering solutions for auto, home, life, health, and business needs.
General & Life Insurers
Generali Group
One of the largest global insurance and asset management providers.
General & Life Insurers
Swiss Re
A leading global reinsurer supporting the local market.
Specialty Insurers & Global Reinsurers
SURA
Offers comprehensive insurance solutions for individuals and families.
General & Life Insurers
Hannover Re
One of the world's largest reinsurers with a diverse portfolio.
Specialty Insurers & Global Reinsurers
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
Insurance Brokers & Risk Advisors
AXA XL
pecializes in property, casualty, and specialty insurance for large corporations.
Specialty Insurers & Global Reinsurers
Allianz Trade
Specializes in trade credit insurance.
Specialty Insurers & Global Reinsurers
STARR
Offers specialty insurance for aviation, marine, and liability.
Specialty Insurers & Global Reinsurers
Gen RE
A global reinsurer that provides capacity to other insurance companies.
Specialty Insurers & Global Reinsurers
LLOYD’S
Operates as a specialist insurance market
Specialty Insurers & Global Reinsurers
Everest
Offers a wide range of specialty insurance, reinsurance, and property casualty products.
Specialty Insurers & Global Reinsurers
Gard
A leading provider of marine insurance and risk management solutions.
Specialty Insurers & Global Reinsurers
HSBC
Offers life and investment insurance tied closely with banking services.
Other Financial Institutions (Banks)
Howden
An international insurance broker with a focus on corporate risk.
Insurance Brokers & Risk Advisors
Atradius
Specializes in trade credit insurance.
Specialty Insurers & Global Reinsurers
Coface
A global leader in trade credit insurance.
Specialty Insurers & Global Reinsurers
Marsh
A global insurance broker and risk advisor.
Insurance Brokers & Risk Advisors
Cardinal Assistance
Offers travel, medical, legal, and other assistance services.
Specialty Insurers & Global Reinsurers
Pacific Prime
An insurance broker specializing in international health insurance.
Insurance Brokers & Risk Advisors
Understanding Key Insurance Types in Brazil(Entendendo os principais tipos de seguro no Brasil)
Health Insurance (Plano de Saúde): While Brazil has a public universal healthcare system (the SUS), the private system offers faster access and more choice. Private plans are regulated by the ANS and are a popular option for residents and a necessity for many expats.
Auto Insurance (Seguro de Auto): Mandatory liability coverage is required by law. However, most Brazilians opt for comprehensive policies that cover theft (roubo e furto), which is a significant risk in major cities, as well as collision and third-party damages.
Life Insurance (Seguro de Vida): Provides a financial safety net for your family. Policies can be simple term life plans or include investment and savings components.
Property Insurance (Seguro Residencial): Protects your home or apartment against risks like fire, electrical damage, and theft. It is highly recommended for property owners.
Q1: Who are the main insurance regulators in Brazil? The two primary regulators are SUSEP for general, life, and auto insurance, and the ANS for all private health insurance plans. Always verify your chosen company with the appropriate agency.
Q2: What is the difference between the SUS and a private health plan? The SUS (Sistema Único de Saúde) is Brazil’s public, universal healthcare system, free at the point of use. A private health plan (plano de saúde) is paid for by an individual or employer and provides access to a private network of doctors and hospitals, often with shorter wait times and more amenities.
Q3: Who are the largest insurers in Brazil? The market is led by large banking conglomerates and major independent players. Some of the biggest names by market share include Bradesco Seguros, Porto Seguro, SulAmérica, and Itaú Seguros, alongside strong international brands like Allianz and Zurich.
Complete List of Registered Insurance Companies in Brazil(Lista completa de companhias de seguros registradas no Brasil)
Below is a comprehensive list of insurance entities registered to operate in Brazil.
By clicking on the logos of each insurer, you can find up-to-date details about the various types of coverage policies you need. This information can help you choose the best insurance, and you can also obtain telephone numbers, addresses, and prices which insurers offer on the Internet.
Directory of Insurers in Honduras
All
LAFISE
A leading private insurer in Nicaragua and part of the LAFISE financial group, providing comprehensive personal and business coverage.
An updated list of names of insurance companies based in Honduras, sourced from the National Commission of Banks and Insurance (CNBS).
Seguros Lafise, S.A.
HSBC Seguros
Pan-American Life Insurance Company
Interamericana de Seguros, S.A.
American Home Assurance Company
Seguros Continental, S.A.
Seguros Atlántida, S.A.
Seguros Crefisa, S.A.
Equidad Compañía de Seguros, S.A.
Seguros del País, S.A.
Mapfre Seguros Honduras
Seguros Cuscatlán, S.A.
Economic Context of Honduras
The economy of Honduras is based mostly on agriculture, which accounted for 14% of its gross domestic product (GDP) in 2013. A leading export is coffee, which accounted for 22% of total Honduran export revenues. Bananas, formerly the country’s second-largest export until being virtually wiped out by 1998’s Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. Cultivated shrimp is another important export sector. Since the late 1970s, towns in the north have begun industrial production through maquiladoras, especially in San Pedro Sula and Puerto Cortés.
The country’s international reserve position continued to be strong in 2000, at slightly over $1 billion. Remittances from Hondurans living abroad, mostly in the U.S., rose 28% to $410 million in 2000. The Lempira currency was devaluing for many years but stabilized at L19 to the US dollar in 2005.
The Honduran people are among the poorest in Latin America. Gross national income per capita (2007) was US$1,649, while the average for Central America was US$6,736. Honduras is the fourth poorest country in the Western Hemisphere; only Haiti, Nicaragua, and Guyana are poorer.
Honduras received significant debt relief in the aftermath of Hurricane Mitch, including the suspension of bilateral debt service payments and bilateral debt reduction by the Paris Club. In July 2000, Honduras reached its decision point under the Heavily Indebted Poor Countries Initiative (HIPC), qualifying the country for interim multilateral debt relief. (Source: Wikipedia)
Navigating Australia’s insurance market can be complex. From protecting your car and home to securing your family’s health and financial future, choosing the right company is crucial. This guide provides a clear, organized directory of Australia’s leading insurers, brokers, and specialists to help you make an informed decision.
How to Choose the Right Insurance Company
Before diving into the list, consider these key steps to find the provider that best fits your needs:
Compare Quotes and Policy Details Don’t focus on price alone. Obtain quotes from several insurers and carefully compare the policy details, including coverage limits, deductibles, and exclusions, to understand the true value of what’s being offered.
Assess Your Coverage Needs First, determine the exact type of coverage you require. Whether it’s comprehensive car insurance, a home and contents policy, or income protection, knowing your needs allows for an accurate comparison across multiple companies.
Verify Licensing and Reputation Ensure you are buying from a provider licensed to operate in Australia by the Australian Prudential Regulation Authority (APRA). Check online reviews and customer satisfaction ratings to gauge the company’s reputation for service and claims support.
Check Financial Stability, An insurer’s financial strength indicates its ability to pay claims. You can research ratings from independent agencies like Standard & Poor’s or A.M. Best, especially when considering smaller, lesser-known providers.
Filter and Find: Australia’s Top Insurance Providers
Explore our comprehensive list of every major insurance provider operating in Australia. To help you find the perfect match, click on a category below to instantly filter the directory. From major general insurers for your car and home to leading health funds and specialist business brokers, our interactive guide makes it easy to see your options
All Insurers
General & Life Insurers
Health Insurance Providers
Specialty Insurers & Global Reinsurers
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Industry Association
Other Financial Institutions (Motoring Clubs)
AA Insurance
A leading life and health insurer providing a comprehensive range of products, including life, trauma, and income protection.
General & Life Insurers
AIA
A prominent life and health insurance provider in China, offering products for protection, savings, and wellness to individuals and businesses.
General & Life Insurers
AIG
A recognized insurer for property, civil liability, financial lines, and global specialty coverage.
Specialty Insurers & Global Reinsurers
AMP Limited
A prominent provider of life insurance, superannuation, and financial advice services across Australia and New Zealand.
General & Life Insurers
ANZ
Major Australian bank offering insurance products like home, car, and life, often via partners.
Other Financial Institutions (Banks)
AXA
Offers life, health, auto, home, business, and agricultural insurance.
Specialty Insurers & Global Reinsurers
AXA XL
Specialty Insurers & Global Reinsurers
Allianz Global Health Insurance
Provides worldwide health insurance products and solutions.
General & Life Insurers
Allianz Trade
Specializes in trade credit insurance.
Specialty Insurers & Global Reinsurers
Aon
A leading global firm offering a broad range of risk, retirement, and health solutions.
Apia
A Suncorp brand specializing in insurance for Australians over 50, covering home and auto.
General & Life Insurers
Arag Ins. Group
A specialist provider of legal expense insurance products for individuals, families, and businesses.
Specialty Insurers & Global Reinsurers
Arch Insurance
Offers a wide range of property, casualty, and specialty insurance products.
Specialty Insurers & Global Reinsurers
Atradius
A global specialist in trade credit insurance, surety bonds, and debt collection services.
Specialty Insurers & Global Reinsurers
Australian Automobile Association
The peak advocacy body for Australia's motoring clubs, not a direct insurance provider.
Industry Association
BHSI
(Berkshire Hathaway Specialty Insurance): Provides commercial property, casualty, healthcare professional liability, and other specialty insurance.
Specialty Insurers & Global Reinsurers
Beazley
Beazley: Specializes in specialty insurance, including professional liability and cyber risk.
Specialty Insurers & Global Reinsurers
Bupa
Provides premium international health insurance with a strong global network.
Health Insurance Providers
CGU
key IAG brand offering a broad range of business, rural, and personal insurance
General & Life Insurers
Chubb
Offers a broad range of property, casualty, accident, health, and life insurance products.
Specialty Insurers & Global Reinsurers
Coface
A global leader in trade credit insurance.
Specialty Insurers & Global Reinsurers
Eric
A specialist insurer focused on providing automotive warranty, asset protection, and car insurance products
Specialty Insurers & Global Reinsurers
FM Global
Provides commercial property insurance for large corporations
Specialty Insurers & Global Reinsurers
GIO
A Suncorp brand providing a wide array of personal insurance, including car, home, and CTP.
Insurance Brokers & Risk Advisors
GMHBA
A major not-for-profit health fund, offering great value hospital and extras cover, primarily serving Western Australia
Health Insurance Providers
Gen RE
A global reinsurer that provides capacity to other insurance companies.
Specialty Insurers & Global Reinsurers
HDI
A German-backed insurer with a strong international presence in industrial and commercial lines.
Specialty Insurers & Global Reinsurers
HSBC
Offers life and investment insurance tied closely with banking services.
Other Financial Institutions (Banks)
Hannover Re
One of the world's largest reinsurers with a diverse portfolio.
Hbf
A major not-for-profit health fund, offering great value hospital and extras cover, primarily serving Western Australia
Health Insurance Providers
Howden
A global insurance broker providing risk management solutions, specialty insurance, and employee benefits advice.
Insurance Brokers & Risk Advisors
IAG NZ
The country's largest general insurer, operating trusted brands like State, AMI, NZI, and Lumley.
General & Life Insurers
ING
A global financial institution offering various products, including insurance solutions through regional partnerships.
Other Financial Institutions (Banks)
JUST CAR
A Suncorp brand specializing in car insurance for high-performance and modified vehicles.
Insurance Brokers & Risk Advisors
LLOYD’S
Operates as a specialist insurance market
Specialty Insurers & Global Reinsurers
Liberty Specialty Markets
Focuses on specialty insurance, including energy, marine, aviation, and financial lines.
Specialty Insurers & Global Reinsurers
Marsh
A global insurance broker and risk advisor.
Insurance Brokers & Risk Advisors
Medibank Private
One of Australia's largest private health insurers, offering a wide variety of hospital and extras policies.
Health Insurance Providers
MetLife
Offers a range of insurance and retirement solutions, including group benefits and dental/disability plans.
General & Life Insurers
Munich Re
A leading global reinsurer strengthening insurers with innovative risk transfer and capital management products.
Specialty Insurers & Global Reinsurers
NRMA
One of Australia's most trusted brands (IAG) for car, home, and travel insurance.
General & Life Insurers
Pacific Life Re
A global reinsurer specializing in providing life, annuity, and health reinsurance solutions to clients.
Specialty Insurers & Global Reinsurers
Pacific Prime
An insurance broker specializing in international health insurance.
Insurance Brokers & Risk Advisors
Prudential
A global brand offering life insurance and investment solutions.
General & Life Insurers
QBE
Offers commercial, specialty, reinsurance, and liability insurance.
General & Life Insurers
RAA
South Australia's leading motoring club, providing car, home, and travel insurance to its members.
Other Financial Institutions (Motoring Clubs)
RACQ
Queensland's top motoring club, offering its members a wide range of insurance products.
Other Financial Institutions (Motoring Clubs)
Renaissarance Re
Specializes in reinsurance, providing protection against catastrophic losses.
Specialty Insurers & Global Reinsurers
SHANNONS
A Suncorp brand dedicated to insuring motoring enthusiasts, covering classic cars and motorcycles.
General & Life Insurers
STARR
Offers specialty insurance for aviation, marine, and liability.
Specialty Insurers & Global Reinsurers
Suncorp Group
A major player offering a diverse range of products through its brands, including AA Insurance and Vero.
General & Life Insurers
Swiss Re
A leading global reinsurer supporting the local market.
Specialty Insurers & Global Reinsurers
TAL Life Limited
A leading life insurance specialist in Australia, focused on life cover, income protection, and total and permanent disability insurance.
General & Life Insurers
TOKIO MARINE
A global Japanese insurer providing commercial, corporate, and specialty risk solutions in Australia.
General & Life Insurers
Travel Guard
Offers travel insurance, including trip cancellation and medical expenses.
Specialty Insurers & Global Reinsurers
Vero
A major Suncorp brand providing insurance for businesses, corporations, and personal assets through brokers.
General & Life Insurers
Zurich
Provides life, health, property, and casualty insurance.
General & Life Insurers
youi
Specializes in providing tailored car, home, and contents insurance with a focus on customer-specific risk assessment.
General & Life Insurers
Frequently Asked Questions (FAQ)
Q1: Who is the largest insurance company in Australia? For general insurance (car, home), the Insurance Australia Group (IAG) is the largest by market share, owning brands like NRMA and CGU. For life insurance, TAL is one of the largest players.
Q2: What is the difference between an insurer and a broker? An insurer (like Allianz or QBE) underwrites the risk and pays the claims. A broker (like Marsh or Aon) is an advisor who represents the customer and helps them find the best policy from a range of different insurers.
Q3: Is my insurance company safe? All legitimate insurance companies operating in Australia must be licensed and supervised by the Australian Prudential Regulation Authority (APRA). You can check APRA’s list to ensure your provider is regulated, which means it must meet strict financial stability requirements.
Disclaimer: This guide is for informational purposes only and does not constitute financial advice. All company descriptions are summaries; please refer to the official Product Disclosure Statement (PDS) before making any purchase.
Welcome to your complete guide to China’s insurance market, the second-largest in the world. With its massive scale and a competitive mix of dominant state-owned companies, private domestic players, and international joint ventures, understanding your options is essential.
This guide is designed to help you navigate this complex landscape. We will explain how to choose a provider, how to verify their legitimacy, and provide a comprehensive directory of the leading insurers operating in China.
How to Choose an Insurance Company in China: 4 Key Steps
Before you start comparing policies, follow these critical steps to ensure you are choosing a secure and reliable company.
1. Verify the Insurer with the Official Regulator
This is the most important step for your protection. All legitimate insurance companies in China are regulated by the China Banking and Insurance Regulatory Commission (CBIRC). The CBIRC’s role is to ensure the stability of the market and protect policyholders. Before signing any contract, you should confirm the company is licensed by checking the CBIRC’s official public register.
2. Assess the Company’s Financial Strength
Look for the company’s solvency and financial strength ratings from international agencies like A.M. Best, S&P, or Moody’s, as well as their disclosures mandated by the CBIRC. This is especially important for ensuring the company can pay out large claims.
3. Compare Policy Features, Not Just Premiums
Get quotes from a shortlist of verified insurers. When comparing, look beyond the price and analyze the specific benefits, coverage limits, exclusions, and waiting periods (especially for health insurance). For expatriates, ensure the policy includes high-quality medical networks with direct billing and English-speaking services.
4. Research Customer Service and Reputation
A company’s reputation for customer service and claims processing is critical. Look for reviews and feedback from other customers, particularly regarding their experience during a claim. A smooth, transparent process is a hallmark of a quality insurer.
Directory of Insurance Providers in China
Explore our directory of major insurance providers operating in China. Use the filters to sort by category and click on any logo for more detailed information and a link to their official website.
All Insurers
General & Life Insurers
Health Insurance Providers
Specialty Insurers & Global Reinsurers
Insurance Brokers & Risk Advisors
Other Financial Institutions (Banks)
Retirement Savings
Ping An Insurance Company of China, Ltd.
Ping An is one of the largest and most well-known insurance companies in China. It offers a wide range of services, including life insurance, health insurance, property and casualty insurance, and asset management
General & Life Insurers
China Life Insurance
China Life is one of the oldest and largest life insurance companies in China. It provides a variety of life insurance products, including individual and group life, health insurance, and pension plans.
General & Life Insurers, Retirement Savings
ZhongAn Online P&C Insurance Co. Ltd.
Founded by major players like Alibaba, Tencent, and Ping An, ZhongAn specializes in providing affordable insurance products through digital platforms. It offers a wide array of services, from health and life insurance to travel and property insurance
Specialty Insurers & Global Reinsurers
ICBC-AXA Life Insurance Co., Ltd.
A joint venture between the Industrial and Commercial Bank of China (ICBC) and AXA Group, ICBC-AXA offers a comprehensive range of life insurance products, including protection plans, wealth management, and health insurance
Other Financial Institutions (Banks)
CPIC
As a leading integrated insurer in China, CPIC offers a comprehensive range of life, property, and casualty insurance, alongside asset management services.
General & Life Insurers
PICC
One of China's largest state-owned insurance groups, providing a vast array of property & casualty, life, and health insurance products nationwide.
General & Life Insurers
Fubon Insurance
A subsidiary of Fubon Financial Holdings, it offers a wide variety of property and casualty insurance products for both personal and commercial clients.
General & Life Insurers
BHSI
(Berkshire Hathaway Specialty Insurance): Provides commercial property, casualty, healthcare professional liability, and other specialty insurance.
Specialty Insurers & Global Reinsurers
Cathay Life
A major life insurer offering protection, savings, and investment-linked life insurance products to individuals and groups.
General & Life Insurers
New China Life
A leading life insurance company in China, focusing on providing a wide range of life insurance and asset management services.
General & Life Insurers
ChinaBank
Offers a range of bancassurance products, integrating insurance solutions like life and accident cover with its banking services.
Other Financial Institutions (Banks)
TAIKANG GROUP
A large financial services group specializing in insurance, asset management, and healthcare, with a strong focus on retirement and elder care solutions.
General & Life Insurers
SINOCHEM HOLDINGS CORPORATION LTD
SINOCHEM HOLDINGS CORPORATION LTD: A major state-owned conglomerate whose financial arm has significant holdings in the insurance and reinsurance sectors, including ownership of China Re.
Other Financial Institutions (Banks)
CHINA TAPING
A state-owned financial and insurance group offering a diverse portfolio of life, property, and casualty insurance, as well as reinsurance and asset management.
General & Life Insurers, Retirement Savings
MINSHENG Life
A national life insurance company providing various life, annuity, and health insurance products to the Chinese market.
General & Life Insurers
AIA
A prominent life and health insurance provider in China, offering products for protection, savings, and wellness to individuals and businesses.
General & Life Insurers
SINO LIFE CO., LTD / TOKIO
A joint venture (Great Wall Changsheng Life) offering a variety of life and health insurance products, combining local expertise with international experience.
General & Life Insurers
MetLife
Offers a range of insurance and retirement solutions, including group benefits and dental/disability plans.
General & Life Insurers
TIAN AN PROPERTY CO., LTD.
A specialized property and casualty insurer offering coverage for homes, vehicles, and commercial assets.
General & Life Insurers
Allianz
Offers a comprehensive suite of insurance products, including auto, home, life, health, and specialized commercial insurance.
General & Life Insurers
AIG
A recognized insurer for property, civil liability, financial lines, and global specialty coverage.
Specialty Insurers & Global Reinsurers
Munich Re
A global reinsurer that provides reinsurance capacity and risk solutions.
Specialty Insurers & Global Reinsurers
Chubb
Offers a broad range of property, casualty, accident, health, and life insurance products.
Specialty Insurers & Global Reinsurers
Cigna China
A joint venture specializing in health insurance, providing high-end medical, wellness, and healthcare management services.
Health Insurance Providers
China Continent Insurance
A national property and casualty insurer providing a wide range of products including auto, home, and commercial liability coverage.
General & Life Insurers
Liberty China
Offers a broad range of personal and commercial insurance products, including auto, home, and business solutions in China.
General & Life Insurers
Bupa
Provides premium international health insurance with a strong global network.
Health Insurance Providers
Tokio Marine & Nichido Fire Insurance Co., Ltd.
A leading Japanese insurer with a strong presence in China, offering property, casualty, and marine insurance.
General & Life Insurers
Now Health – API
Specializes in premium international health insurance plans for expatriates, families, and businesses in Asia and worldwide.
Health Insurance Providers
Generali China
A joint venture providing a wide array of life and general insurance solutions, including wealth management and protection plans.
General & Life Insurers
Mapfre Re
The reinsurance arm of Mapfre, providing reinsurance to other insurers.
Specialty Insurers & Global Reinsurers
Markel Corporation
Offers a wide range of specialty insurance products, including professional liability and cyber
Specialty Insurers & Global Reinsurers
QBE
Offers commercial, specialty, reinsurance, and liability insurance.
Specialty Insurers & Global Reinsurers
Swiss Re
A leading global reinsurer supporting the local market.
Specialty Insurers & Global Reinsurers
Hannover Re
One of the world's largest reinsurers with a diverse portfolio.
Specialty Insurers & Global Reinsurers
AVIVA
Through its joint venture, offers a wide range of general and life insurance products
General & Life Insurers
SwissLife Group insurance
Offers comprehensive life, pension, and financial solutions, focusing on long-term savings and risk protection for clients in the region.
General & Life Insurers
AON
A global professional services firm providing a broad range of risk, retirement, and health solutions.
Insurance Brokers & Risk Advisors
ING
A global financial institution offering various products, including insurance solutions through regional partnerships.
Other Financial Institutions (Banks)
Korean Re
Colombia offers underwriting businesses in property, casualty and bouquet treaty lines through its representative office in Bogotá.
Specialty Insurers & Global Reinsurers
AXA XL
Specialty Insurers & Global Reinsurers
Allianz Trade China
Specializes in trade credit insurance, protecting businesses against customer non-payment.
Specialty Insurers & Global Reinsurers
ERGO
A large European insurance group offering comprehensive life and general insurance products through its Chinese partnerships.
General & Life Insurers
Prudential plc | Life, Health & Retirement Insurance
A leading provider of life, health, and retirement insurance solutions across Asia, with a strong presence in mainland China.
A leading provider of specialty insurance lines, including aviation, marine, property, and casualty insurance.
Specialty Insurers & Global Reinsurers
Gen RE
A global reinsurer that provides capacity to other insurance companies.
Specialty Insurers & Global Reinsurers
LLOYD’S
Operates as a specialist insurance market
Specialty Insurers & Global Reinsurers
CHINA RE
The dominant state-owned reinsurer in China, providing a full spectrum of reinsurance products to the domestic and international markets.
Specialty Insurers & Global Reinsurers
Zurich
Provides life, health, property, and casualty insurance.
General & Life Insurers
PartnerRe
A leading global reinsurer offering specialty lines, property, casualty, life, and health reinsurance solutions.
Specialty Insurers & Global Reinsurers
Gard
A leading provider of marine insurance and risk management solutions.
Specialty Insurers & Global Reinsurers
Manulife
Offers a comprehensive range of life insurance, retirement solutions, and wealth management services globally.
General & Life Insurers
HDI
A German-backed insurer with a strong international presence in industrial and commercial lines.
General & Life Insurers
Legal & General
Offers a variety of investment and insurance solutions, often focusing on asset management and retirement products.
General & Life Insurers
Pacific Life Re
A global reinsurer specializing in providing life, annuity, and health reinsurance solutions to clients.
Specialty Insurers & Global Reinsurers
HSBC
Offers life and investment insurance tied closely with banking services.
Other Financial Institutions (Banks)
Howden
An international insurance broker with a focus on corporate risk.
Insurance Brokers & Risk Advisors
Arch Insurance
Offers a wide range of property, casualty, and specialty insurance products.
Specialty Insurers & Global Reinsurers
Atradius
A global specialist in trade credit insurance, surety bonds, and debt collection services.
Specialty Insurers & Global Reinsurers
Chaucer Group
A specialty insurance group operating through international coverholders and syndicates at Lloyd's.
Specialty Insurers & Global Reinsurers
Marsh
A global insurance broker and risk advisor.
Insurance Brokers & Risk Advisors
Coface
A global leader in trade credit insurance.
Specialty Insurers & Global Reinsurers
Pacific Prime
An insurance broker specializing in international coverage.
Insurance Brokers & Risk Advisors
Understanding Key Insurance Types in China
Property Insurance: Coverage for homes and businesses against risks like fire and natural disasters.
Health Insurance: China has a basic public health insurance system, but most urban professionals and expatriates rely on private health insurance to access high-quality private hospitals and international clinics. Providers like Ping An, Bupa, and Allianz offer plans with robust coverage.
Life Insurance: This is a dominant sector in China, with major players like China Life, Ping An, and CPIC leading the market. Policies range from simple term life protection to complex savings and investment-linked products.
General (Property & Casualty) Insurance: This category includes:
Auto Insurance: Mandatory third-party liability is required, but comprehensive coverage is standard for most car owners.
Frequently Asked Questions (FAQ)
Q1: Who is the main insurance regulator in China? The primary regulator for all banking and insurance institutions in China is the China Banking and Insurance Regulatory Commission (CBIRC). Always ensure your chosen insurer is licensed by them.
Q2: Who are the largest insurance companies in China? The market is dominated by a few very large players. Ping An and China Life are giants in the life and health sectors. PICC is a leader in property and casualty insurance. Together, these companies hold a significant portion of the market share.
Q3: Can a foreigner buy insurance in China? Yes. Foreigners legally residing in China can and should purchase insurance. Many international providers and joint ventures offer specialized health insurance plans for expatriates with features like multilingual support and international medical evacuation.
Look for and compare insurers to find the best fit for you. By clicking on the insurance company logos below, you have instant access to up-to-date information that can help you in choosing the best coverage.
Directory of Insurers in Guatemala
all
Aseguradora General
A long-standing company providing diverse coverage options, including property, casualty, and life insurance.
Below is a list of some of the insurance companies authorized to operate in the country
Seguros G&T
Continental Seguros
El Roble, S.A.
Aseguradora General, S.A.
Pan-American Life Insurance de Guatemala
Mapfre Seguros Guatemala, S.A.
ASSA Compañía de Seguros, S.A.
Seguros Universales, S.A.
Aseguradora Rural, S.A.
Best Meridian Insurance Company (BMI)
Bupa Guatemala, Compañía de Seguros
The Insurance & Healthcare System in Guatemala
Guatemala has one of the largest and most developed insurance markets in Central America, regulated by the Superintendencia de Bancos (SIB). The sector offers a wide variety of products, from standard life and auto insurance to more complex corporate coverage.
The country’s healthcare system is a mix of public and private options:
Public System (IGSS): The Instituto Guatemalteco de Seguridad Social (IGSS) is the primary public healthcare provider. It is funded by mandatory contributions from employers and employees and serves the formally employed population and their families. However, its coverage does not extend to the entire population, leaving significant gaps.
Private System: Due to the limitations of the public system, a robust private healthcare sector serves the middle and upper classes, as well as the corporate sector. Private health insurance is common as an employee benefit and is used by individuals to gain access to a network of private hospitals, clinics, and specialists with shorter wait times and more modern facilities.
For many in Guatemala, private insurance is not just a supplement but a primary means of ensuring access to quality and timely medical care. This makes choosing the right plan from the available Insurance Companies in Guatemala a crucial decision for family and business financial planning.
Look for and compare insurers to find the best fit for you. By clicking on the insurance company logos below, you have instant access to up-to-date information that can help you in choosing the best coverage. You can also obtain phone numbers, addresses, and prices offered by insurers through the Internet.
Compared to other developing countries, El Salvador has experienced relatively low rates of GDP growth. Rates have not risen above the low single digits in nearly two decades, part of a broader environment of macroeconomic instability which the integration of the US dollar has done little to improve.
One problem that the Salvadoran economy faces is the inequality in the distribution of income. In 2011, El Salvador had a Gini Coefficient of .485, which, although similar to that of the United States, leaves 37.8% of the population below the poverty line due to lower aggregate income. The richest 10% of the population receives approximately 15 times the income of the poorest 40%.
As of November 3, 2014, the IMF reported official reserve assets to be $3.192 billion.
Adoption of the U.S. Dollar
Having this hard currency buffer to work with, the Salvadoran Government undertook a monetary integration plan beginning January 1, 2001, by which the U.S. dollar became legal tender alongside the colón, and all formal accounting was undertaken in U.S. dollars. This way, the government has formally limited its possibility of implementing open market monetary policies to influence short-term variables in the economy.
Since 2004, the colón stopped circulating and is now never used in the country for any type of transaction; however, some stores still have prices in both colones and U.S. dollars. In general, people were unhappy with the shift from the colón to the U.S. Dollar because wages remained the same while the price of everything increased. The change to the dollar also precipitated a trend toward lower interest rates in El Salvador, helping many to secure credit in order to buy a house or a car. Over time, displeasure with the change has largely disappeared, though the issue resurfaces as a political tool when elections are on the horizon. (Source: Wikipedia)