The Insurance Industry in Jamaica, Key Trends and Opportunities to 2018
Synopsis Timetric’s “The Insurance Industry in Jamaica, Key Trends and Opportunities to 2018” report provides detailed analysis of the market trends, drivers, challenges in the Jamaican insurance industry. It provides values of a number of Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2014–2018). The report also provides detailed information pertaining to the competitive landscape in the country. This brings together Timetric’s research, modeling, and analysis expertise in order to develop an insightful report. This allows insurers to identify industry dynamics, competitive advantage and profile of insurers operating in the country. The report also covers a detailed regulatory policies and recent changes in regulatory structure.
Summary The report provides in-depth industry analysis, information and insights into the insurance industry in Jamaica, including: • The Jamaican insurance industry’s growth prospects by insurance segment and category • The competitive landscape in the Jamaican insurance industry • The current trends and drivers in the Jamaican insurance industry • Challenges facing the Jamaican insurance industry • The detailed regulatory framework of the Jamaican insurance industry Get more about this report at: http://www.bigmarketresearch.com/the-insuranceindustry-in-jamaica-key-trends-and-opportunities-to-2018-market
Scope This report provides a comprehensive analysis of the insurance industry in Jamaica: • It provides historical values for the Jamaican 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 Jamaican 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 Jamaica, and outlines the key regulations affecting them. To Get More Details Enquire @ http://www.bigmarketresearch.com/reportenquiry/183942
Key highlights • The Jamaican insurance industry grew in terms of gross written premium value, recording a CAGR of 10.4% during the review period (2009–2013) • Motor insurance was the largest category within the non-life segment, followed by property insurance and liability insurance • Increasing life expectancy in Jamaica is likely to propel demand for health insurance products over the forecast period • The country’s high debt ratio is a matter of concern for the insurance industry • Increasing competition in the industry is resulting in a rise in M&As • The Jamaican insurance industry is served by 10 general insurers and five life insurers as of March 2014. • The insurance industry is supervised and regulated by the Financial Services Commission (FSC) of Jamaica
Table Of Content 1 Executive Summary 2 Introduction 3 Jamaican Insurance Industry Overview 4 Industry Segmentation 5 Governance, Risk and Compliance 6 Competitive Landscape 7 Macroeconomic Indicators 8 Appendix
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