Venezuelan Company Offers To Take Over British American
(Panama-Guide) - Telemetro - Several proposals have been made to find ways to keep the British American insurance company solvent in Panama. The Briceño group from Venezuela, is one of the companies interested in investing, however Panamanian Superintendent of Insurance doubts their capacity. Gustavo Briceño, the representative of the Venezuelan group, said they plan to invest $7 million dollars over the course of the next three years.