1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Central America Insurance Report Q1 2016

Central America Insurance Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 156 pages

Includes 3 FREE quarterly updates

BMI View: Central America's insurance markets differ significantly in many ways from one another, interms of scale, development, competition and product composition Growth rates vary, although mostoutperform more developed markets despite ongoing structural issues and currency weakness in much ofthe region Consolidation would bolster development in many markets, as would innovation in low-costproducts, including microinsurance which has a limited presence in Central AmericaBMI expects Central American insurance markets to continue to grow rapidly in the coming years Annualgrowth rates outside Nicaragua, the region's underperformer, will consistently hit high single-digit rates,with some sectors consistently posting growth rates in excess of 10% We highlight Costa Rica and ElSalvador as markets which will outperform in absolute terms Consumers in these insurance markets havethe greatest ability to afford insurance and the insurance companies that operate are established and able todeliver

Table Of Contents

Central America Insurance Report Q1 2016
BMI Industry View 7
SWOT 9
Panama Industry Forecast 11
Panama Life Premiums Forecast 11
Table: Life Premiums (Panama 2012-2019) 14
Table: Life Insurance Claims (Panama 2007-2014) 14
Panama Non-Life Premiums Forecast 15
Table: Non-Life Premiums (Panama 2012-2019) 18
Table: Non-Life Insurance Claims (Panama 2008-2014) 18
Panama Non-Life Sub-Sector Forecast 19
Table: Non-Life Insurance Premiums by Product Line (Panama 2012-2019) 26
Costa Rica Industry Forecast 28
Costa Rica Life Premiums Forecast 28
Table: Life Premiums (Costa Rica 2012-2019) 31
Table: Life Insurance Claims (Costa Rica 2007-2014) 31
Costa Rica Non-Life Premiums Forecast 32
Table: Non-Life Premiums (Costa Rica 2012-2019) 35
Table: Non-Life Insurance Claims (Costa Rica 2010-2014) 35
Costa Rica Non-Life Sub-Sector Forecast 36
Table: Non-Life Insurance Premiums By Product Line (Costa Rica 2012-2019) 43
Guatemala Industry Forecast 45
Guatemala Life Premiums Forecast 45
Table: Life Premiums (Guatemala 2012-2019) 48
Table: Life Insurance Claims (Guatemala 2007-2014) 48
Guatemala Non-Life Premiums Forecast 49
Table: Non-Life Premiums (Guatemala 2012-2019) 52
Table: Non-Life Insurance Claims (Guatemala 2008-2014) 52
Guatemala Non-Life Sub-Sector Forecast 53
Table: Non-Life Insurance Premiums By Product Line (Guatemala 2012-2019) 59
El Salvador Industry Forecast 61
El Salvador Life Premiums Forecast 61
Table: Life Premiums (El Salvador 2012-2019) 64
Table: Life Insurance Claims (El Salvador 2010-2014) 64
El Salvador Non-Life Premiums Forecast 65
Table: Non-Life Premiums (El Salvador 2012-2019) 68
Table: Non-Life Insurance Claims (El Salvador 2008-2014) 68
El Salvador Non-Life Sub-Sector Forecast 69
Table: Non-Life Insurance Premiums by Product Line (El Salvador 2012-2019) 74
Honduras Industry Forecast 75
Honduras Life Premiums Forecast 75
Table: Life Premiums (Honduras 2012-2019) 78
Table: Life Insurance Claims (Honduras 2007-2014) 78
Honduras Non-Life Premiums Forecast 79
Table: Non-Life Premiums (Honduras 2012-2019) 82
Table: Non-Life Insurance Claims (Honduras 2008-2014) 82
Honduras Non-Life Sub-Sector Forecast 83
Table: Non-Life Insurance Premiums by Product Line (Honduras 2012-2019) 89
Nicaragua Industry Forecast 91
Nicaragua Life Premiums Forecast 91
Table: Life Premiums (Nicaragua 2012-2019) 94
Table: Life Insurance Claims (Nicaragua 2007-2014) 94
Nicaragua Non-Life Premiums Forecast 95
Table: Non-Life Premiums (Nicaragua 2012-2019) 98
Table: Non-Life Insurance Claims (Nicaragua 2008-2014) 98
Nicaragua Non-Life Sub-Sector Forecast 99
Table: Non-Life Insurance Premiums by Product Line (Nicaragua 2012-2019) 107
Insurance Risk/Reward Index 108
Latin America Insurance Risk/Reward Index 108
Table: Latin America and the Caribbean Insurance Risk/Reward Index 109
Market Overview 110
Panama Market Overview 110
The Product Offering 110
The Competitive Landscape 110
Table: Life Insurance Market Share (%), 2010-2014 112
Table: Non-Life Insurance Market Share (USDmn) 2010-2014 114
Costa Rica Market Overview 115
The Product Offering 115
The Competitive Landscape 115
Table: Life Insurance Market Share USDmn 2011-2014 117
Table: Non-Life Insurance Market Share (USDmn) 2011-2014 119
Guatemala Market Overview 119
The Product Offering 119
The Competitive Landscape 120
Table: Life Market Share USDmn 2012-2014 121
Table: Non-Life Market Share (USDmn) 2012-2014 123
El Salvador Market Overview 124
The Product Offering 124
The Competitive Landscape 124
Table: Life Market Share (%), 2011-2014 126
Table: Non-Life Market Share (%), 2011-2014 128
Honduras Market Overview 129
The Product Offering 129
The Competitive Landscape 129
Table: Life Market Share USDmn, 2007-2014 131
Table: Non-Life Market Share USDmn, 2007-2014 133
Nicaragua Market Overview 133
The Product Offering 133
The Competitive Landscape 134
Table: Life Market Share USDmn 2007-2014 135
Table: Non-Life Market Share USDmn 2007-2014 137
Company Profile 138
ASSA 138
Ficohsa Seguros - Honduras 140
Iniser - Nicaragua 142
INS - Costa Rica 144
MAPFRE 146
Pan-American Life Insurance Group (PALIG) 148
Methodology 150
Industry Forecast Methodology 150
Risk/Reward Index Methodology 153
Table: Indicators 155
Table: Weighting of Indicators 156

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
UK Travel Insurance: Market Dynamics and Opportunities 2016

UK Travel Insurance: Market Dynamics and Opportunities 2016

  • $ 3450
  • Industry report
  • August 2016
  • by Verdict Financial

Summary The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented ...

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • October 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Belarus, Key Trends and Opportunities to 2020' report provides a detailed analysis of Belarusian insurance industry. It provides key performance indicators ...

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • September 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020' report provides a detailed analysis of Montenegrin insurance industry. It provides key performance indicators ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.