Naperville, IL -- (ReleaseWire) -- 01/22/2014 -- Reportstack, provider of premium market research reports announces the addition of The Insurance Industry in Bosnia and Herzegovina, Key Trends and Opportunities to 2017 market report to its offering
Bosnia and Herzegovinas insurance industry grew in terms of written premium value from BAM453.1 million (US$339.3 million) in 2008 to BAM505.1 million (US$331.8 million) in 2012, at a review-period (2008?2012) compound annual growth rate (CAGR) of 2.8%. The growth was largely due to the strong performance of compulsory insurance classes. Motor third-party liability insurance accounted for 48.5% of the industrys written premiums in 2012, while motor insurance accounted for 59.9%. The growth can also be attributed to providers conservative approaches towards investing in capital markets. Insurers invest a small proportion of their revenues in the capital market, which protected the industry from large-scale losses due to market fluctuation or political or economic crisis.
This report provides a comprehensive analysis of the insurance industry in Bosnia and Herzegovina:
It provides historical values for the Bosnian insurance industry for the reports 20082012 review period and forecast figures for the 20122017 forecast period.
It offers a detailed analysis of the key segments and categories in the Bosnian insurance industry, along with forecasts until 2017.
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 Bosnia and Herzegovina, and outlines the key regulations affecting them.
Reasons to Buy
Make strategic business decisions using in-depth historic and forecast industry data related in the Bosnian insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities within the Bosnian insurance industry.
Assess the competitive dynamics in the the Bosnian insurance industry.
Identify the growth opportunities and market dynamics within key segments.
Gain insights into key regulations governing the Bosnian insurance industry and its impact on companies and the industry's future.
Bosnia and Herzegovinas insurance providers have been relatively conservative when investing in the capital market. Consequently, these companies did not post significant losses during the financial crisis.
Bosnia and Herzegovinas insurance industry growth was somewhat weakened due to challenging economic and political conditions during the review period.
Despite the noticeable growth, the industry remains underdeveloped and provides an opportunity for global investors.
The non-life insurance segment accounted for 74.7% of the industrys premiums in 2012, followed by the life segment with 17.1% and the personal accident and health segment with 8.2%.
Bosnia and Herzegovinas insurance industry is relatively concentrated. In 2012, there were 25 operational licensed insurance companies and one reinsurance company.
Of the 25, one provided life insurance, 14 provided non-life insurance, nine were composite insurers, and one carried out life, non-life and reinsurance.
Uniqa Insurance dd Sarajevo
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