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New Report Available: Reinsurance in Venezuela, Key Trends and Opportunities to 2017


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2013-12-27 07:35:48 - Fast Market Research recommends "Reinsurance in Venezuela, Key Trends and Opportunities to 2017" from Timetric, now available

The Venezuelan reinsurance segment is concentrated, with four operational companies, all of which are owned by local business people. However, the number of reinsurers is expected to decrease over the forecast period. The frequent occurrence of natural disasters and increases in minimum capital requirements also supported the growth of Venezuelan reinsurance during the review period (2008-2012). Venezuela's high crime rate - the country ranks as one of the most violent in Latin America - is also expected to encourage insurers to share risk with reinsurers. The segment registered a review-period compound annual growth rate (CAGR) of 37.0%, with growth in all insurance segments and widespread flooding in 2010, 2011 and 2012 increasing demand for non-life insurance and reinsurance.

Key Highlights

*

The Venezuelan reinsurance segment is concentrated, with four operational companies, all of which are owned by local business people
* The non-life insurance premium ceded to reinsurers increased from 23.8% in 2008 to 27.4% in 2012
* The Venezuelan reinsurance segment was led by facultative reinsurance during the review period, which accounted for 85.0% of the segment in terms of written premium in 2012
* The development of the Venezuelan oil industry, and the country's vulnerability to natural disasters have led to growth in property insurance and reinsurance

Full Report Details at
- www.fastmr.com/prod/757075_reinsurance_in_venezuela_key_trends_a ..

Scope

This report provides a comprehensive analysis of the reinsurance segment in Venezuela:

* It provides historical values for Venezuela's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
* It offers a detailed analysis of the key sub-segments in Venezuela's reinsurance segment, along with market forecasts until 2017
* It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Venezuela and its growth prospects

Reasons to Get this Report

* Make strategic business decisions using in depth historic and forecast market data related to the Venezuelan reinsurance segment and each sector within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan reinsurance segment
* Identify the growth opportunities and market dynamics within key product categories
* Gain insights into key regulations governing the Venezuelan insurance industry and its impact on companies and the market's future

Companies Mentioned in this Report: Munich Re, Mapfre Re

Partial Table of Contents:

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Venezuelan Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008-2017
4 Reinsurance Growth Dynamics and Challenges
4.1 Reinsurance Segment Size, 2008-2017
4.2 Reinsurance Segment Size by Type of Insurance, 2008-2017
5 Key Industry Trends and Drivers
5.1 Fundamental Business Drivers
5.2 Life Insurance Segment Drivers
5.3 Non-Life Insurance Segment Drivers
5.4 Personal Accident and Health Insurance Segment Drivers
6 Competitive Landscape and Strategic Insights
6.1 Overview
6.2 Leading Companies in the Venezuelan Life Insurance Segment
6.3 Munich Re - Company Overview
6.3.1 Munich Re - key facts
6.4 Mapfre Re - Company Overview
6.4.1 Mapfre Re - key facts
7 Business Environment and Country Risk
7.1 Business Confidence
7.1.1 Market capitalization trend - Bolsa de Valores de Caracas, Venezuela
7.2 Economic Performance
7.2.1 GDP at constant prices (US$)
7.2.2 GDP per capita at constant prices (US$)
7.2.3 GDP at current prices (US$)
7.2.4 GDP per capita at current prices (US$)
7.2.5 GDP by key segments
7.2.6 Agriculture net output at current prices (US$)
7.2.7 Agriculture net output at current prices as a percentage of GDP
7.2.8 Manufacturing net output at current prices (US$)
7.2.9 Manufacturing net output at current prices as a percentage of GDP
7.2.10 Mining, manufacturing and utilities at current prices (US$)
7.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
7.2.12 Construction net output at current prices, (US$)
7.2.13 Construction net output at current prices as a percentage of GDP
7.2.14 Inflation rate
7.2.15 Exports as a percentage of GDP
7.2.16 Imports as a percentage of GDP
7.2.17 Exports growth
7.2.18 Imports growth
7.2.19 Annual average exchange rate VEF-US$
7.3 Infrastructure Quality and Availability
7.3.1 Commercial vehicles exports total value
7.3.2 Commercial vehicles imports total value
7.3.3 Automotive exports total value
7.3.4 Automotive imports total value
7.3.5 Total internet subscribers
7.4 Labor Force
7.4.1 Labor force
7.4.2 Unemployment rate
7.5 Demographics
7.5.1 Gross national disposable income (US$)
7.5.2 Household consumption expenditure (US$)
7.5.3 Total population
7.5.4 Urban and rural populations
7.5.5 Age distribution of the total population
8 Appendix
8.1 Methodology
8.2 Contact Timetric
8.3 About Timetric
8.4 Timetric's Services
8.5 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Venezuelan Insurance - Overall Written Premium by Segment (VEF Billion), 2008-2012
Table 3: Venezuelan Insurance - Overall Written Premium by Segment (US$ Billion), 2008-2012
Table 4: Venezuelan Insurance - Overall Written Premium by Segment (VEF Billion), 2012-2017
Table 5: Venezuelan Insurance - Overall Written Premium by Segment (US$ Billion), 2012-2017
Table 6: Venezuelan Insurance - Segmentation (Percentage Share), 2008-2017
Table 7: Venezuelan Reinsurance by Category (VEF Billion), 2008-2012
Table 8: Venezuelan Reinsurance by Category (US$ Billion), 2008-2012

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=757075&dt=t

About Timetric

Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at www.fastmr.com/catalog/publishers.aspx?pubid=1037

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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