Research and Markets Adds Report: The Insurance Industry in Ecuador, Key Trends and Opportunities to 2016 [Manufacturing Close – Up]

Research and Markets has announced the addition of the "The Insurance Industry in Ecuador, Key Trends and Opportunities to 2016" report to its offerings. In a release, Research and Markets noted that report highlights include:

The Ecuadorian insurance industry grew in terms of gross written premium value at a compound annual growth rate (CAGR) of 18.5 percent during the review period (2007-2011). The life insurance segment registered a CAGR of 21.4 percent during the review period. This growth was mainly driven by an increased demand for group life insurance schemes. The non-life insurance segment accounted for the largest share of 70.5 percent of total insurance industry written premiums in 2011. The Ecuadorian insurance industry is fragmented due to the presence of a large number of domestic and foreign insurers. Colonial Insurance Company (QBE Seguros) is the leading insurance company in Ecuador.

Key Highlights

- The Ecuadorian insurance industry grew, in terms of gross written premium value, at a compound annual growth rate (CAGR) of 18.5 percent during the review period (2007-2011).

- The Ecuadorian insurance industry is fragmented due to the presence of a large number of domestic and foreign insurers.

- Colonial Insurance Company (QBE Seguros) is the leading insurance company in Ecuador.

- The demand for insurance products is expected to rise over the forecast period due to growing awareness among the population.

- Increasing government investments in the banking sector are expected to lead to industry expansion.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Ecuador Insurance Industry Overview

4 Market Segmentation

5 Competitive Landscape

6 Macroeconomic Indicators

7 Appendix

Companies Mentioned

- QBE - Seguros Colonial

- Seguros de Pichincha

- AIG Metropolitana

- Equivida S.A

- Seguros Equinoccial

- ACE Seguros S.A

- Seguros Sucre S.A.

- Latina Seguros

- Panamericana del Ecuador

- Aseguradora del Sur

Report information:

http://www.researchandmarkets.com/research/ttzwdq/the_insurance

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