Submitted by: Submitted by nirav2591
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Category: Business and Industry
Date Submitted: 09/11/2014 11:07 PM
ResearchMoz.us include new market research report " Life and Non-Life Insurance in Colombia to 2018: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
Life Insurance:-
The Colombian life insurance segment recorded a compound annual growth rate (CAGR) of16.2% in terms of gross written premium during the review period (2009−2013). The segment’s performance was attributed to regulatory changes and the industry’s premium growth, the strong performance of the pension insurance category and the developing group life insurance business. These factors, along with the nation’s rise in per capita annual disposable income, are likely to generate business over the forecast period (2013−2018). As such, the segment’s gross written premium is expected to increase at a projected CAGR of 13.5% over the forecast period. View Full Report with TOC at: http://www.researchmoz.us/life-insurance-in-colombia-key-trends-and-opportunities-to-2018-report.html
Non-Life Insurance:-
Driven by strong public spending, economic growth, developing infrastructure and the oil, gas and mining industries, the Colombian non-life insurance segment posted a compound annual growth rate (CAGR) of 10.8% over the review period (2009−2013), in terms of gross written premium. This growth was further attributed by regulatory changes and a string of floods, which forced property owners to protect their properties through extensive insurance coverage. These factors are also expected to encourage the growth of the non-life insurance segment over the forecast period (2013−2018). As a result, the segment’s written premium is expected to increase at a projected forecast-period CAGR of 7.3%. View Full Report with TOC at: http://www.researchmoz.us/non-life-insurance-in-colombia-key-trends-and-opportunities-to-2018-report.html
Scope:-
This report provides a comprehensive analysis of the life and non-life insurance segment in Colombia:
It provides...