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Category: Business and Industry
Date Submitted: 11/18/2014 02:00 AM
Most up-to-date research on "Reinsurance in Chile, Key Trends and Opportunities to 2018" to its huge collection of research reports.
Synopsis
The report provides in-depth market analysis, information and insights into the Chilean reinsurance segment, including:
The Chilean reinsurance segment's growth prospects by reinsurance category
Key trends and drivers for the reinsurance segment
Chilean reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
The competitive landscape in the Chilean reinsurance segment
Browse Detail Report With TOC @ http://www.researchmoz.us/reinsurance-in-chile-key-trends-and-opportunities-to-2018-report.html
Executive summary
Reinsurance plays a major role in the Chilean insurance industry, especially for catastrophe exposure, as domestic insurers do not generally have the capital to mitigate these risks. The Chilean reinsurance segment is open to foreign insurers, as there is a negligible number of locally established reinsurers in the country. Non-life insurers cede the largest proportion of premium to reinsurers, while facultative reinsurance was the leading reinsurance category, contributing 60.1% of the segment’s gross written premium in 2013.
The high participation of reinsurers is projected to continue over the forecast period (2013–2018), due to the high catastrophic risk underlying the country. The increasing awareness of insurers is further expected to support the segment’s growth, which is projected to rise at a forecast-period compound annual growth rate (CAGR) of 11.0% to value CLP47.6 billion (US$95.2 million) by 2018.
Scope
This report provides a comprehensive analysis of the reinsurance segment in Chile :
It provides historical values for Chile’s reinsurance 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 Chile’s...