The report provides in-depth market analysis, information and insights into the Colombian reinsurance segment, including:
The Colombian reinsurance segment's growth prospects by reinsurance category
Key trends and drivers for the reinsurance segment
The Colombian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
The competitive landscape in the Colombian reinsurance segment
OverviewTable of contentsList of tablesList of figures
Although the Colombian reinsurance segment recorded a robust compound annual growth rate (CAGR) of 46.2% during the review period (2009−2013), it is still in its early stages of development. In the absence of domestic insurers, the segment is dominated by foreign reinsurers such as Scor Re, Mapfre Re, Hannover Re, Munich Re and Axa Re. These companies function through brokers and their representative offices. Hannover Re and Munich Re operate through representative offices in Bogotá Bogotá, while Swiss Re entered the country by acquiring a Colombian insurance company. On February 24, 2014, Swiss Re signed an agreement with specialty insurer Seguros Confianza, based in Bogotá, to acquire a 51% stake in the company. Through this partnership, the corporate clients of Confianza can gain access to commercial insurance products offered by Swiss Re. In June 2013, the government made financial regulations that permitted domestic companies to purchase insurance and make reinsurance arrangements with international companies not operating or established within Colombia. This will make the segment more competitive over the forecast period (2013−2018).
This report provides a comprehensive analysis of the reinsurance segment in Colombia:
It provides historical values for Colombia’s reinsurance segment for the report’s 2009–2013 review period and projuected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key sub-segments in Colombia’s reinsurance segment, along with market forecasts until 2018.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Colombia and its growth prospects.
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