Financial Statements
Financial statements compilation
A business's performance is reflected in its Financial Statements, which is why they are said to be an X-ray of the business that shows how healthy it is.
For BMI, it is very important to communicate the Insurer's performance and BMI's financial strength to all our customers, intermediaries, the supervisory authority and any other interested party.
Below you will find the Financial Statements for the periods in which we have been operating in Costa Rica. Please contact us if you have any questions.
Capital Adequacy Ratios
The Capital Adequacy Ratio (ISC) is a parameter created by the supervisory authority to monitor the minimum capital the Insurer must hold in order to operate. It seeks to provide a reasonable level of protection for the interests of the people who place their trust in the Insurer when purchasing an insurance product.
As the business grows and the Insurer underwrites new insurance policies, capital levels must be adjusted so as to maintain a reasonable level of security for insurance consumers.
Below are BMI's ISC figures for the months that have closed.
