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Insurance Industry in Ecuador - Global Industry Analysis, Size, Share,Growth, Trends and Forecast, 2017

MarketResearchReports.Biz announces addition of new report “Insurance Industry In Ecuador- Global Industry Analysis,Size,Share,Growth,Trends And Forecast, 2017” to its database.

 

Albany, NY -- (ReleaseWire) -- 01/22/2014 -- The Ecuadorian insurance industry is one of the fastest-growing insurance industries in Latin America in terms of gross written premium. It held a market share of 0.9% of the Latin American total premium in 2012, growing from US$883.8 million in 2008 to US$1.5 billion in 2012, at a compound annual growth rate (CAGR) of 14.4% during the review period (2008–2012). Growth in the industry was due to the government’s large-scale infrastructure development, economic recovery following the global financial crisis, regulatory changes and increased merger and acquisition activity. These factors are expected to remain buoyant and continue to support the industry over the forecast period (2012–2017) when it is projected to grow at a CAGR of 12.9%.

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Reasons to buy
Make strategic business decisions using in-depth historic and forecast industry data related to the Ecuadorian insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities within the Ecuadorian insurance industry.
Assess the competitive dynamics in the Ecuadorian insurance industry.

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Key highlights
The Ecuadorian insurance industry’s written premium value grew from US$883.8 million in 2008 to US$1.5 billion in 2012, at a review-period CAGR of 14.4%
Large public spending on infrastructure and social sector are fueling growth in the insurance industry.

Table of Content

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

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3 Ecuadorian Insurance Industry Overview
3.1 Ecuadorian Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges

4 Industry Segmentation
4.1 Life Insurance
4.1.1 Individual life insurance
4.1.2 Individual single-premium
4.1.3 Individual non-single-premium

5 Governance, Risk and Compliance
5.1 Legislation Overview and Historical Evolution
5.2 Regulations by Type of Insurance
5.2.1 Life insurance regulations
5.2.2 Property insurance regulations
5.2.3 Motor insurance regulations

6 Competitive Landscape
6.1 Overview
6.2 Leading Companies
6.2.1 QBE - Seguros Colonial - company overview
6.2.2 ACE Seguros S.A. - company overview

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