Latest Release : The Insurance Industry in Puerto Rico 2018

Synopsis

The report provides in-depth industry analysis, information and insights into the insurance industry in Puerto Rico, including:

• The Puerto Rican insurance industry’s growth prospects by insurance segment and category
• The competitive landscape in the Puerto Rican insurance industry
• The current trends and drivers of the Puerto Rican insurance industry
• Challenges facing the Puerto Rican insurance industry
• Detailed regulatory framework of the Puerto Rican insurance industry
• OverviewTable of contentsList of tablesList of figures
• Overview

Browse Detail Report With TOC @ http://www.researchmoz.us/the-insurance-industry-in-puerto-rico-key-trends-and-opportunities-to-2018-report.html

Executive summary

The Puerto Rican insurance industry grew over the review period (2009−2013), at a compound annual growth rate (CAGR) of 2.6%. The written premium fell in 2013, primarily due to strong price competition, which led to a decrease in the income of companies. The life segment led review-period industry growth, as it registered a CAGR of 5.1%, followed by the personal accident and health segment with a CAGR of 2.9% and the non-life segment with a CAGR of 0.4%. The main driver of the sustained growth in the life segment was growth in the annuities category during 2009–2013.

Scope

This report provides a comprehensive analysis of the insurance industry in Puerto Rico:

• It provides historical values for the Puerto Rican insurance industry 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 segments and categories in the Puerto Rican insurance industry, along with forecasts until 2018.
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions.
• It profiles the top insurance companies in Puerto Rico, and outlines the key regulations affecting them.

Reasons to buy

• Make strategic business decisions using in-depth historic and forecast industry data related to the Puerto Rican insurance industry and each segment within it.
• Understand the demand-side dynamics, key trends and growth opportunities within the Puerto Rican insurance industry.
• Assess the competitive dynamics in the Puerto Rican insurance industry.
• Identify the growth opportunities and market dynamics within key segments.
• Gain insights into key regulations governing the Puerto Rican insurance industry and its impact on companies and the industry's future.

For Market Research Latest Reports Visit @ http://www.researchmoz.us/latest-report.html

Key highlights

• The Puerto Rican insurance industry grew over the review period (2009−2013), at a compound annual growth rate (CAGR) of 2.6%.
• Puerto Rico’s GDP declined continually during 2009–2011, and grew moderately in 2012 and 2013, recording a CAGR of 0.18% during the review period.
• The Puerto Rican Insurance industry is moderately concentrated with the four leading providers accounting for 56.7% of the industry, in terms of total written premiums.
• The Puerto Rican life insurance segment accounted for 9.5% of the total written premium of the industry in 2013. This indicates that the demand for life insurance products is lower in comparison to non-life and personal accident and health products.
• Increasing unemployment, shrinking population and government inefficiency continues to be challenges to economic development.