Reinsurance Market in Ecuador – Key Trends and Growth to 2019

Ecuador Reinsurance Market 2015 Demand, Growth, Forecast and Analysis to 2019Deerfield Beach, FL -- (SBWIRE) -- 11/02/2015 -- Synopsis

'Reinsurance in Ecuador, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Ecuadorian reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010–2014) and forecast period (2014–2019).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Ecuadorian economy and demographics and provides detailed analysis of natural hazards and its impact on the Ecuadorian insurance industry.

The report brings together research, modeling, and analysis expertise in order to enable reinsurers to identify segment dynamics and competitive advantages, and access profile of reinsurers operating in the country.

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Summary

'Reinsurance in Ecuador, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Ecuadorian reinsurance segment, including:

- The Ecuadorian reinsurance segment's growth prospects by reinsurance ceded from direct insurance

- A comprehensive overview of the Ecuadorian economy and demographics

- Detailed analysis of natural hazards and their impact on the Ecuadorian insurance industry

- The competitive landscape in the Ecuadorian reinsurance segment

Scope

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

- It provides historical values for the Ecuadorian reinsurance segment for the report's 2010–2014 review period, and projected figures for the 2014–2019 forecast period.

- It offers a detailed analysis of the key categories in the Ecuadorian reinsurance segment, along with market forecasts until 2019.

- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Ecuador and its growth prospects.

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Reasons To Buy

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

- Understand the demand-side dynamics, key market trends and growth opportunities in the Ecuadorian reinsurance segment.

- Identify the growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Ecuadorian insurance industry, and their impact on companies and the industry's future.

Key Highlights

- The Ecuadorian reinsurance segment posted a review-period CAGR of 22.0% in terms of gross written premium.

- The growth of the reinsurance segment was supported by large investments in infrastructure.

- Frequent occurrence of natural disasters to propel property insurance.

- The premium accepted by the reinsurance segment increased from US$36.2 million in 2010 to US$80.2 million in 2014, at a review-period CAGR of 22.0%.

- Regulatory changes may lead to segment consolidation.

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