MarketResearchReports.com: Reinsurance in Colombia, Key Trends and Opportunities to 2017, New Report Launched

Although the Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012), it is in its initial phases of development. Only foreign reinsurers currently operate in the country; multinational reinsurers, such as SCOR, Mapfre, Hannover and Munich Re have established operations but direct business through their representative offices and brokers. Swiss Re is in the process of establishing representative offices in Bogotá. In June 2013, the government permitted domestic companies to make reinsurance arrangements with international companies that were not operating or established within Colombia. By increasing insurance companies’ options, this will make the segment more competitive.

The report provides in depth market analysis, information and insights into the Colombian reinsurance segment, including:

• The Colombian reinsurance segment's growth prospects by reinsurance categories

• Key trends and drivers for the reinsurance segment

• The Colombian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments

• The competitive landscape in the Colombian reinsurance segment

• It provides historical values for Colombia’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period

• It offers a detailed analysis of the key sub-segments in Colombia’s reinsurance segment, along with market forecasts until 2017

• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Colombia and its growth prospects

• Make strategic business decisions using in depth historic and forecast market data related to the Colombian reinsurance segment and each sector within it.

• Understand the demand-side dynamics, key market trends and growth opportunities within the Colombian reinsurance segment.

• Identify the growth opportunities and market dynamics within key product categories.

• Gain insights into key regulations governing the Colombian insurance industry and its impact on companies and the market's future.

• The Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012)

• The La Niña phenomenon caused over US$500 million worth of losses to the insurance industry in 2011, which adversely affected the reinsurance segment as industry losses were partially distributed among reinsurers

• In June 2013, the government of Colombia allowed its domestic companies to make reinsurance arrangements with international companies not operating, or established in, Colombia. This is likely to make the reinsurance segment more competitive as it will provide insurers with more options

• The Colombian reinsurance segment is highly competitive, as it contains leading multinational reinsurance companies

Scope-

This report provides a comprehensive analysis of the reinsurance segment in Colombia:

• It provides historical values for Colombia’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key sub-segments in Colombia’s reinsurance segment, along with market forecasts until 2017
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Colombia and its growth prospects

Reasons To Buy-

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

Key Highlights-

• The Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012)
• The La Niña phenomenon caused over US$500 million worth of losses to the insurance industry in 2011, which adversely affected the reinsurance segment as industry losses were partially distributed among reinsurers
• In June 2013, the government of Colombia allowed its domestic companies to make reinsurance arrangements with international companies not operating, or established in, Colombia. This is likely to make the reinsurance segment more competitive as it will provide insurers with more options
• The Colombian reinsurance segment is highly competitive, as it contains leading multinational reinsur

Spanning over 77 pages, 24 table and 49 figures, “Reinsurance in Colombia, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/reinsurance-colombia-key-trends-and-opportunities-2017

In addition to covering the Colombian Insurance Industry Attractiveness, Reinsurance Growth Dynamics and Challenges, Key Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 10 companies - SCOR Re, Mapfre Re, Hannover Rückversicherung AG, Münchener de Colombia SA.

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