Thank you for your inquiry. There are many reports about the insurance industry and the most relevant reports are described below.
Report 1: A Dip into newer P&C opportunities, Global Agricultural Insurance Market, Oct 2015
This report discusses the high growth potential of insurance premiums for agriculture. There is a graph depicting the agriculture insurance premium versus GDP for high income, middle income and low income countries compared to all countries. There is also a chart on the insurance penetration for the agricultural crop business with a ratio of insured versus the cultivated areas in the United States, China, India and Latin America. This chart shows growth potential in China, India and Latin America. Then there are country-level breakdowns of market growth in billions of dollars for each of these geographical areas with the compound annual growth rates. There is also a graph showing the most important agricultural insurance markets globally dividing the countries by those that have agricultural are greater than 25 million hectares like Ukraine, by population greater than 100 million people and by GDP greater than 1 trillion USD.
Finally, there is a discussion on premiums from 2005 through 2015 and an approach for future business development including micro-insurance, strategic partners, innovation and team development.
Report 2: Agricultural Reinsurance in Latin America Actual Situation & Outlook, Apr 2015
This report has specific charts depicting the size of the global market by region, premiums versus type of product such as forestry, livestock, greenhouse, et cetera. Then there is a more specific discussion of the agricultural insurance industry in Latin American including the total premiums collected in 2014, penetration, subsidies, products and market concentration. There is a discussion on the reinsurance market by region in Latin America such as the Andean region, Norther region (Mexico) and the Southern Region.
Finally, there is discussion about opportunities such as tailor-made programs as well as challenges such as subsidy increase and sustainability, consistency and management cycle.
— Agricultural Reinsurance in Latin America Actual Situation & Outlook, Apr 2015
Report 3: The Actuary Magazine, Global Insurance, Apr 2015
This report is an in-depth overview of agricultural insurance with a chart depicting the share of agricultural insurance premiums in 2011 by region including the United States and Canada, Europe, Asia, Latin America, Australia/New Zealand, and Africa.
“Global agricultural insurance premiums have increased considerably over the past decade. The increased market size can partially be attributed to increases in commodity prices, and in the last five years a major driver has been emerging markets” (pg 4).
— Global Insurance, Apr 2015
Topics include the uniqueness of agricultural insurance and its challenges, the potential of index-based insurance as well as current research using a case study from Canada.
I hope you find this useful, and can see that there is a lot of useful information available through the portal about the insurance industry. If you have any additional needs or questions about our reports, please feel free to contact us.