Personal Accident and Health Insurance in Ecuador, Key Trends and Opportunities to 2018


#254964

197pages

Timetric

$ 1950

In Stock

Synopsis

The report provides in-depth market analysis, information and insights into the Ecuadorian personal accident and health insurance segment, including:

  • The Ecuadorian personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • The various distribution channels in the Ecuadorian personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Ecuador
  • Detailed regulatory policies of the Ecuadorian insurance industry
  • Analysis of various consumer segments in Ecuadorian personal accident and health insurance
  • Product portfolios of the leading personal accident and health insurers
Executive summary

  • Timetric’s 'Personal Accident and Health Insurance in the Ecuador, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Ecuadorian personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment, 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 regulatory structure.
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Ecuador:

  • It provides historical values for the Ecuadorian personal accident and health insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key categories in the Ecuadorian personal accident and health insurance segment, along with market forecasts until 2018.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for personal accident and health insurance products in Ecuador.
  • It profiles the top personal accident and health insurance companies in Ecuador 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 Ecuadorian personal accident and health insurance segment and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Ecuadorian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify the 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

  • Ecuadorian personal accident and health insurance segment recorded the fastest growth in the country’s insurance industry.
  • The growth was primarily driven by the growing middle-class population and the rising number of road accidents.
  • The personal accident category accounted for XX.X% of the total personal accident and health gross written premium in 2013.
  • Distribution channels in the Ecuadorian personal accident and health insurance segment expanded, with the new business gross written premium rising at a review-period CAGR of XX.X%.
  • Agencies and insurance brokers were the primary contributors to the growth, as the new gross written premium business generated by these channels grew strongly.