Reinsurance in Ecuador, Key Trends and Opportunities to 2021


#1240366

38pages

Timetric

$ 1450

In Stock

Synopsis
Timetrics 'Reinsurance in Ecuador, Key Trends and Opportunities to 2021' report provides detailed analysis of the market trends, drivers and challenges in the Ecuadorian reinsurance segment.

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (20122016) and forecast period (20162021).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Ecuadorian economy and demographics, and provides detailed analysis of natural hazards and their impact on the Ecuadorian insurance industry.

The report brings together Timetrics research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary
Timetrics 'Reinsurance in Ecuador, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Ecuadorian reinsurance segment, including:

An outlook of the Ecuadorian reinsurance segment

A comprehensive overview of the Ecuadorian economy and demographics

Detailed analysis of natural hazards and their impact on the Ecuadorian insurance industry

The competitive landscape in the Ecuadorian reinsurance segment

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

It provides historical values for the Ecuadorian reinsurance segment for the reports 20122016 review period, and projected figures for the 20162021 forecast period.

It offers a detailed analysis of the key categories in the Ecuadorian reinsurance segment, and market forecasts to 2021.

It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Ecuador, and the reinsurance segment's growth prospects.

It analyzes various natural hazards and their impact on the Ecuador insurance industry


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

Understand the demand-side dynamics, key market trends and growth opportunities in the Ecuadorian reinsurance segment.

Identify growth opportunities and market dynamics in key product categories.

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

Key Highlights
In March 2016, the Ecuadorian government introduced a law which prevented insurers from ceding more than 5.0% of the risk underwritten to foreign reinsurers.

The non-life segment accounted for the highest premium ceded in 2016, with 50.4% of the non-life segments total, followed by the personal accident and health segment with 5.6% and the life segment with 1.8%.

In September 2014, the Monetary and Financial Code was implemented in Ecuador, which regulated monetary and financial systems specifically securities, reinsurance and insurance.