Insurance Industry in Gabon, Uganda, Nigeria, Rwanda New Market Research Report on Researchmoz.us

(PRWEB) March 15, 2013

Researchmoz Announced Countrywide Market Research Report on Gabon, Uganda, Nigeria and Rwanda Insurance Industry depth market analysis, information and insights into the insurance industry.

The report provides in depth market analysis, information and insights into the insurance industry in Gabon, including:
The Gabonese insurance industrys growth prospects by insurance segments and categories
The competitive landscape in the Gabonese insurance industry
The current trends and drivers of the Gabon insurance industry
The challenges facing the Gabon insurance industry
The regulatory framework of the Gabon insurance industry

Gabon has a small insurance industry, encompassing a population of 1.5 million people. Despite its size, the industry is highly competitive and largely fragmented. This is due to the presence of eight insurance companies. The industry is highly dependent on economic activity and oil. The overreliance on oil is likely to pose medium-risk challenge for the growth of insurance products over the forecast period. Declining oil production rates are a key challenge for the growth of the Gabonese economy. Consequently, the growth of the insurance industry decelerated in 2011 and 2012 respectively, a trend which is projected to continue until 2014.

The Insurance Industry in Gabon, Key Trends and Opportunities to 2017.
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The Ugandan insurance industry recorded a positive growth rate during the review period and was supported by relatively stable macro-economic conditions, a favorable investment climate and economic growth. The total number of policies issued in Uganda grew in 2010 and in 2011. The industry is dominated by the non-life insurance segment. For low income earners, Uganda has promoted micro insurance products. However, there are many challenges in operating this kind of product such as a lack of public awareness and inefficient distribution channels. The Ugandan life insurance segment is highly concentrated with the five-leading insurers representing a market share of more than 90% in 2011 in gross written premium terms.

Scope
This report provides a comprehensive analysis of the insurance industry in Uganda:
It provides historical values for the Ugandan 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 Ugandan insurance industry, along with industry 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 Uganda and outlines the key regulations affecting them

The Insurance Industry in Uganda, Key Trends and Opportunities to 2017.Buy Copy of This Report@
http://www.researchmoz.us/sample/checkout.php?rep_id=164634&type=S

The Nigerian insurance industry experienced strong growth over the review period, supported by relatively stable macro-economic conditions and a favorable investment climate. The insurance industry in the country is very small, yet highly crowded and competitive. The key segment driving the overall industry is the non-life segment, which accounted for the largest share of 61.6% of the industrys total written premium in 2012. The Nigerian insurance industry is regulated by the National Insurance Commission (NAICOM), which controls the operations performed by all entities including insurance companies, reinsurance companies, insurance brokers, loss adjusters and intermediaries. For low income earners, the Nigerian government has concertedly promoted micro insurance; however a poor understanding among consumers of the benefits of such products and inefficient distribution channels is limiting their spread.

Scope
This report provides a comprehensive analysis of the insurance industry in Nigeria:
It provides historical values for the Nigerian 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 Nigerian insurance industry, along with industry 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 Nigeria and outlines the key regulations affecting them

The Insurance Industry in Nigeria, Key Trends and Opportunities to 2017.Buy Copy of This Report@ http://www.researchmoz.us/sample/checkout.php?rep_id=164635&type=S

The Rwandan insurance industry declined in terms of written premium value during the review period. The decrease was a direct consequence of the global financial crisis in 2009. In order to restructure and increase insurance penetration rates, The National Bank of Rwanda enacted a number of new laws in 2009. The new laws included the establishment of proper licensing procedures for insurance intermediaries, laws to monitor insurers’ financial positions and an increase in minimum capital and solvency margins. In addition, the The National Bank of Rwanda (BNR) also enforced several laws to attract new businesses under compulsory insurance provisions such as professional insurance indemnity and insurance cover for civil servants and construction site workers. The new set of regulations helped the industry increase penetration rates.

Scope
This report provides a comprehensive analysis of the insurance industry in Rwanda:
It provides historical values for the Rwandan insurance industry 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 segments and categories in the Rwandan insurance industry, along with industry 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 Rwanda and outlines the key regulations affecting them

The Insurance Industry in Rwanda, Key Trends and Opportunities to 2017.Buy Copy of This Report@ http://www.researchmoz.us/sample/checkout.php?rep_id=164635&type=S

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