1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Life Insurance in Colombia, Key Trends and Opportunities to 2020

Life Insurance in Colombia, Key Trends and Opportunities to 2020

  • November 2016
  • -
  • Timetric
  • -
  • 101 pages

Summary

Table of Contents

Search Inside

Synopsis
Timetric’s 'Life Insurance in Colombia Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Colombian life insurance segment, and a comparison of the Colombian insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Colombian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric’s 'Life Insurance in Colombia Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Colombian life insurance segment, including:

- An overview of the Colombian life insurance segment

- The Colombian life insurance segment’s growth prospects by category

- A comprehensive overview of the Colombian economy and demographics

- A comparison of the Colombian life insurance segment with its regional counterparts

- The various distribution channels in the Colombian life insurance segment

- Details of the competitive landscape in the life insurance segment in Colombia

- Details of regulatory policy applicable to the Colombian insurance industry

Scope
This report provides a comprehensive analysis of the life insurance segment in Colombia:

- It provides historical values for the Colombian life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

- It offers a detailed analysis of the key categories in the Colombian life insurance segment, and market forecasts to 2020.

- It provides a comparison of the Colombian life insurance segment with its regional counterparts

- It analyzes the various distribution channels for life insurance products in Colombia.

- It profiles the top life insurance companies in Colombia and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Colombian life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Colombian life insurance segment.

- Assess the competitive dynamics in the life insurance segment.

- Identify growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Colombian insurance industry, and their impact on companies and the industry's future.

Key Highlights
- Life insurance was the second-largest segment in the Colombian insurance industry in 2015, accounting for 16.1% of the industry’s gross written premium.

- In 2015, life segment’s insurance penetration stood at 0.79%.

- Colombia’s life segment is concentrated, with the five leading companies accounting for 63.4% of the gross written premium in 2015.

- Bancassurance is the most popular and trusted distribution channel offering credit life, term insurance, and pension products to middle and low-income groups in Colombia.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Telecom Service Assurance Market by Software, Service, Organization Size, Deployment Type - Global Forecast to 2021

Telecom Service Assurance Market by Software, Service, Organization Size, Deployment Type - Global Forecast to 2021

  • $ 7150
  • Industry report
  • March 2017
  • by MarketsandMarkets

Factors such as voluminous increase in the number of subscribers, need for high optimization & increased cost savings, and ability to measure the performance of a service & Quality of Service are driving ...

IoT Insurance Market by Type, Application, and Geography - Global Forecast to 2022

IoT Insurance Market by Type, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“IoT insurance market to grow at a CAGR of 65.89% between 2016 and 2022” The global IoT insurance market is estimated to be worth USD 42.76 billion by 2022, growing at a CAGR of 65.89% between 2016 ...

Service assurance for NFV/SDN: new requirements will lead to vendor opportunity and disruption

Service assurance for NFV/SDN: new requirements will lead to vendor opportunity and disruption

  • $ 4999
  • Industry report
  • January 2017
  • by Analysys Mason

"CSPs are demanding assurance solutions for NFV/SDN with cloud, analytics and automation features; this change is creating opportunities for vendors and disruption across the assurance value chain." This ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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