2014-02-18 05:36:03 - The Insurance Industry in CuraÃ§ao and Sint Maarten, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com
Following the dissolution of the Dutch Antilles on October 10th, 2010, CuraÃ§ao and Sint Maarten became independent countries. They both have an open economy with Curacaos GDP being three and half times larger than that of Sint Maarten in 2011. Curacaos economy is largely diversified with shipping, oil refining, tourism and the financial services industries contributing to GDP.
This can be compared to Sint Maarten, where the travel and tourism sector accounts for 80% of GDP. Although, the Curacao and St. Maarten insurance industry is small, penetration measured 7.0% in 2012. According to the Central Bank of Curacao and St. Maartens 2011 annual report, the industry is highly competitive with the presence of 44 domestic and 16 international captive and reinsurance
companies. During the review period, the industry declined at a CAGR of -2.2%.
â¢ Curacao and Sint Maarten both have open economies, with Curacaos GDP being three and a half times larger than that of Sint Maarten in 2011
â¢ The insurance industry is relatively small by international standards
â¢ Central Bank of CuraÃ§ao and Sint Maarten is the industry regulator for both islands
â¢ Although the industry only covers a population of 175,300, penetration is high and measured 7.0% in 2012
â¢ The CuraÃ§ao and Sint Maarten insurance industry is highly competitive and comprises 44 domestic insurance companies
This report provides a comprehensive analysis of the insurance industry in CuraÃ§ao and Sint Maarten:
â¢ It provides historical values for the CuraÃ§ao and Sint Maarten insurance industry for the reports 2008â2012 review period and forecast figures for the 2012â2017 forecast period
â¢ It offers a detailed analysis of the key segments and categories in the CuraÃ§ao and Sint Maarten insurance industry, along with industry forecasts until 2017
â¢ It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
â¢ It profiles the top insurance companies in CuraÃ§ao and Sint Maarten and outlines the key regulations affecting them
Reasons to Buy
â¢ Make strategic business decisions using in depth historic and forecast industry data related to the CuraÃ§ao and Sint Maarten insurance industry and each segment within it
â¢ Assess the competitive dynamics in the CuraÃ§ao and Sint Maarten insurance industry
â¢ Understand the demand-side dynamics, key market trends and growth opportunities within the CuraÃ§ao and Sint Maarten insurance industry
â¢ Identify the growth opportunities and market dynamics within key segments
â¢ Gain insights into key regulations governing the CuraÃ§ao and Sint Maarten insurance industry and its impact on companies and the industrys future
Click for report details: www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Market Research Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Company Profile Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Company-P ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.