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Costa Rica Insurance monopoly to be broken 'by September'

The Costa Rican authorities have confirmed that its current insurance market monopoly will be opened up to competition 'by September at the latest', according to the president of the Costa Rican financial regulator, Conassif.

National newspaper la Nación reported that the Costa Rica president Oscar Arias had signed the bill enacting the changes on 22nd July.

The measures will become law once published in the official state

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