En Panamá, al igual que con los bancos, los seguros están regulados por una entidad, la “Superintendencia de Seguros”. Esta regula a las compañías de seguros garantizando la transparencia, la solidez y el correcto funcionamiento de los actores del mercado. Asimismo, asegura que la suscripción, el proceso de evaluación del riesgo y la fijación de precios estén rigurosamente enmarcados para proteger al asegurado. El riesgo de las aseguradoras funciona bajo el principio de la mutualización y el reaseguro. Cada prima pagada alimenta un fondo común que, en caso de siniestro, respalda al asegurado que lo necesite.Compared to Europe and North America where insurance systems are more fragmented, with a wide variety of products and levels of coverage, the Panamanian insurance system is simpler. In the European and North American systems, the insured is often faced with a multitude of options, sometimes difficult to decipher. Insurance companies there offer a wide range of products, from basic insurances to high-end offers with many additional benefits. Moreover, these markets are strongly influenced by local legislation, particularly in terms of liability or health insurance. In Panama, the approach is more direct. The focus is on essential coverages, making the choice less complex for the insured. In addition, the proximity of insurers to their clients is a notable asset of the Panamanian system. In addition to large multinationals like Mapfre or Allianz, a few local players stand out in terms of insurance for individuals or businesses.