Latin America

MarketReports.com | Business & Finance | Country Reports |  Latin America

Brazil Insurance Market Intelligence Price: $600.00 (€472.89) ($720.00 (€567.46) Including VAT at 20%) Publication Date: 01-Jan-2010 Format: PDF Email Pages: 24 Publisher: Koncept Analytics Brazil is the largest insurance market in Latin America and the 10th largest economy in the world in terms of its GDP. The insurance market of Brazil has seen an impressive growth for the past few years, on account of growing agricultural, manufacturing, mining, services sectors and increasing foreign investments. The large population base of Brazil has also aided the market to achieve higher premiums. The upcoming events in Brazil such as the Olympic Games 2016 have boosted public spending on infrastructure projects, like hydroelectric power stations, helping in increasing the employment levels and the income levels, further boosting the insurance market. Brazil ranks below Venezuela and Chile, and is way behind the European countries. It shows that insurance density in Brazil is quite low, thus offering huge growth potential to the companies operating in this sector. Among the various segments of life insurance, personal accident collective was the best performing segment of the life and personal insurance market. Oil industry risk, project guarantees, engineering risk and credit insurance for exports are some of the insurance segments which recorded major growth in 2008. For the non-life insurance sector, cars and housing offer high growth potential, as both these markets are under-penetrated. Brazil’s insurance market is dominated by the bank-owned insurance companies and participation of companies with foreign capital. The present report gives an overview of the Brazilian insurance market along with an analysis of the country’s political structure and economic growth. The report provides an insight into the market size and growth in insurance premiums as well as life and non-life premiums. Insurance premiums are discussed in terms of life and non-life segments and the density and penetration levels. The various developments and drivers are also discussed and finally the projections regarding premium growth are given. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the Brazil’s insurance industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry and its sub-segments life and non-life insurance. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests. Table of Contents/List of Tables/List of Figures

Mexico Insurance Market Intelligence Price: $600.00 (€472.89) ($720.00 (€567.46) Including VAT at 20%) Publication Date: 01-Jan-2010 Format: PDF Email Pages: 21 Publisher: Koncept Analytics The overall performance of the Mexican insurance business has been profitable in the recent years and has maintained its position as the second largest insurance market in Latin America, in terms of gross premiums. Liberalization of the insurance market has opened the gates for a number of foreign insurance players to establish and strengthen their presence in the Mexican market. The insurance market of Mexico is divided into Life and Non-Life segments. There has been a very slight rise in the total annual premiums in local currency terms in 2008, due to the global economic slowdown and the resultant impact on domestic economy. In 2008, the market witnessed a decrease in the growth of non-life insurance premiums due to the present financial crises in the US, as well as declining motor sales in the country. Increasing investment in health and accident products, credit, earthquake & other catastrophic risk insurance, etc., will boost the demand for non-life products in the country. Property and Casualty (P&C) coverage remains the largest segment of the Mexican non-life insurance industry, with around 46 insurers operating in this business. The Mexican insurance industry is very fragmented with ten largest players accounting for a major portion of the market. Expanding economy, growing wages, rising per capita health expenditure, rising auto sales are the main factors that will be driving the growth of Mexican insurance industry in future. The present report gives an overview of the Mexican insurance market along with an analysis of the country’s political structure and economic growth. The report provides an insight into the market size and trends in insurance premiums of life and non-life insurance sectors. Insurance premiums are discussed in terms of life and non-life segments and the density and penetration levels. The various developments and drivers are also discussed and finally the projections regarding premium growth are given. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests. Table of Contents/List of Tables/List of Figures

Argentina Insurance Market Intelligence Price: $600.00 (€472.89) ($720.00 (€567.46) Including VAT at 20%) Publication Date: 01-Jan-2010 Format: PDF Email Pages: 20 Publisher: Koncept Analytics Argentina is regarded as the fourth largest market in Latin America, on account of the industry’s growth, profitability and per capita expenditure on insurance in this region. The insurance market of Argentina is characterized by its small size and fragmented structure, with the general (non-life) insurance segment holding a stronger position as compared to the life insurance segment. The significant growth of the non-life insurance segment is attributed to the continuous economic recovery and positive growth of the credit market. The automobiles industry is major contributor to the non-life segment, due to the increase in sales of vehicles and the resultant demand for compulsory third party motor and voluntary insurance in the country. Life insurance is mainly supported by the rise in demand for retirement and pension policies, as they are accompanied by tax advantages, while the non-life business mainly thrives on the back of labor-risk insurance plans. According to the market experts, growth of the non-life segment mainly comes from the increase in private demand, improvement in foreign trade, changes in investment habits, as well as an increase in domestic savings. The insurance density in Argentina has witnessed a continuous growth due to strong GDP growth and higher salaries, which have further added to the growth of this sector. The non-life insurance segment is characterized by its fragmented structure. Mapfre is the largest companies in the general insurance segment, while in the life insurance segment, the top 10 companies constitute more than half of the market share, with La Caja Seguros as the major player. The present report offers an overview of the Argentinean insurance market along with an analysis of the country’s political structure and economic growth. The report provides an insight into the market size and growth in insurance premiums as well as life and non-life premiums. Insurance premiums are discussed in terms of life and non-life segments, and the density and penetration levels. The various developments and drivers are also discussed and finally the projections regarding premium growth are given. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of Argentina’s insurance industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry and its sub-segments: life and non-life insurance. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable has been analyzed using standard SPSS output, including charts, tables and tests. Table of Contents/List of Tables/List of Figures

MarketReports.com | Business & Finance | Country Reports |  Latin America