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ROKU Launches in Panama

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ROKU Launches in Panama
ROKU INC. today announced it is making its streaming platform available to consumers and content publishers in Panama. The company unveiled two streaming players that will come to market in the coming weeks – the Roku Express+ which is great for HD streaming, and the Roku Streaming Stick+ capable of streaming HD, 4K and 4K HDR at up to 60 fps. Content publishers who want to use the internet to deliver video to consumers can develop streaming channels for the Roku Channel Store in Panama.
“Streaming is gaining popularity quickly around the world, and in particular in Panama, because it allows consumers to watch TV on their terms. To meet the demand we are launching our affordable and easy to use streaming players in Panama,” said Chas Smith, general manager of Roku TVs and players. “The Roku Express+ is one of our most popular streaming players, and is a great starting point for first time streamers because it works with virtually any TV. We’re also delivering our…

A.M. Best Upgrades Issuer Credit Rating of Chubb Seguros Panama S.A.

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A.M. Best Upgrades Issuer Credit Rating of Chubb Seguros Panama S.A.
A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama). The outlook of these Credit Ratings (ratings) remains stable.
The upgrade of the Long-Term ICR reflects Chubb Panama’s continued strong risk-adjusted capitalization, its diversified business profile, a solid reinsurance program placed with Chubb Tempest Reinsurance Ltd. and the company’s affiliation to its ultimate parent, Chubb Limited, one of the world’s biggest insurance groups. This affiliation provides Chubb Panama synergies and operating efficiencies. Offsetting these positive factors are Chubb Panama’s modest, but growing market share within Panama’s insurance industry relative to the lines it writes, and the strong competitive environment in Panama’s insurance sector; however, the company partially mitig…

Grupo Poma desarrolla en Panamá el residencial de lujo “Golf Gardens"

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Grupo Poma desarrolla en Panamá el residencial de lujo “Golf Gardens"
 El brazo inmobiliario del grupo salvadoreño construirá su proyecto en el distrito de San Miguelito, en el este de Panamá
(Panamá Negocios y Empresas). El distrito de San Miguelito, en el este de Panamá, donde se desarrollará la urbanización, “es una zona que en los últimos años ha crecido bastante debido a la construcción de proyectos residenciales, escuelas, iglesias, comercio, etc.”, destacó Alberto Poma, Presidente del Grupo Poma.
Alberto Poma habla con emoción del nuevo proyecto que han emprendido en Panamá: “Nos sentimos muy entusiasmados con el desarrollo de Golf Gardens, ya que sentimos será un proyecto altamente diferenciado, no solo por sus tipos de casas –vamos a ofrecer tres tipos de viviendas– sino por todas sus áreas comunes, amenidades y accesos”.
Poma aseguró que planean comenzar la terracería en poco más de un mes. “Vamos a iniciar con el movimiento de tierra en octubre. La etapa inicial tardará un…

A.M. Best Assigns Credit Ratings to Seguros Suramericana S.A.

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A.M. Best Assigns Credit Ratings to Seguros Suramericana S.A.
(Panama Business News). A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Seguros Suramericana S.A. (Sura) (Panama). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Sura’s good risk-adjusted capitalization supported by a well-structured reinsurance program, parental support provided by Grupo de Inversiones Suramericana S.A. (Grupo Sura), and improved underwriting metrics that continue to be driven from its integration with Seguros Banistmo, S.A. (Seguros Banistmo) in 2015. Offsetting these positive rating factors is Panama’s highly competitive landscape, which could pressure Sura’s operating performance.
As of year-end 2016, the company stood as the fourth-largest insurer in Panama, with a market share of 9%. Sixty-eight percent of its business portfolio is composed of property/casualty (P/C) products, with life products ma…