2018 Life Insurance Market in Peru, Key Trends and Opportunities Analysis

Most up-to-date research on "Life Insurance in Peru, 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 Peruvian life insurance segment, including:

The Peruvian life insurance segment’s growth prospects by life insurance category

Key trends and drivers for the life insurance segment

The various distribution channels in the Peruvian life insurance segment

The detailed competitive landscape in the life insurance segment in Peru

Detailed regulatory policies of the Peruvian insurance industry

Analysis of various consumer segments in Peruvian life insurance

Key developments in the Peruvian life insurance segment

New products launched by Peruvian life insurers

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Executive summary

Peruvian life insurance registered a compound annual growth rate (CAGR) of 19.5% during the review period (2009–2013). The segment’s growth was a result of strong economic growth and an improving business environment.

The pension and individual whole life categories accounted for 82.6% of the segment’s gross written premium in 2013, but life insurance penetration remained low at 0.8% in 2013. The five leading insurers accounted for 85.9% of the life insurance gross written premium in 2013. Over the forecast period (2013–2018), reforms in insurance contract law, expansion of the middle-class population and steady growth in microinsurance products are expected to drive the segment.

Scope

This report provides a comprehensive analysis of the life insurance segment in Peru:

It provides historical values of the Peruvian life 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...