Industry Research Reports and Market Analysis at MindBranch.com
  

Latin American Emerging Insurance Markets

Product Type: Market Research Report
Published by: Global Industry Analysts
Published: March 2008
Product Code: R263-3394
Description
The Latin American Emerging Insurance Markets Report provides insightful analysis, market briefs and outlook of life and non-life insurance industries in select countries of the region. The report provides a compilation of recent mergers & acquisitions and other industry activities. The report also peeps into the recent past corporate developments within the insurance industry. A regional level discussion also looks into the leading companies’ footing in these markets along with their annual written premiums and/ or market shares. Markets briefly abstracted and covered in the report include Barbados, Bermuda, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Panama, Peru, Trinidad and Tobago, Uruguay, and Venezuela.

Please note: Reports are sold as single-site single-user licenses. The delivery time for hard copies is between 3-5 business days, as each hard copy is custom printed for the organization ordering it. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

Adobe Acrobat Reader 7.0 is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Titles available via "online download" are not affected by this and are still delivered to your reading room immediately.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.
Table of Contents
1. Barbados


Life Insurance Industry


Table 1: Life Insurance Industry of Barbados (2003): Gross


Written Premium in US$ Million by Leading Companies for Life


of Barbados, CLICO International, Sagicor Life, British


American, American Life, Colonial Life, and Insurance


Corporation of Barbados (includes corresponding Graph/Chart)


Non-Life Insurance Industry


Table 2: Non-Life Insurance Industry of Barbados (2003):


Gross Written Premium in US$ Million by Leading Companies for


Insurance Corporation of Barbados, United Insurance, Barbados


Fire And Commercial, Caribbean Home Insurance, C.G.I.


Consumers' Guarantee Ins. Co. Ltd., Clico International


General Insurance Ltd., Sagicor Life Inc., Co-Operators


General Insurance Co. Ltd., Trident Insurance, and NEM (West


Indies Insurance Limited) (includes corresponding


Graph/Chart)


2. Bermuda


Table 3: Bermuda Insurance Market: Gross Premiums Written and


Net Premiums Written in US$ Billion for Years 2001to 2004


(includes corresponding Graph/Chart)


History of Insurance Market


Market Leaders


Table 4: Property & Casualty Insurance Industry of Bermuda


(2005 & 2006): Net Written Premium in US$ Billion for Select


Companies -ACE Limited, XL Capital, Everest Re, PartnerRe,


Arch Capital, Axis Capital, Aspen Insurance, Endurance


Specialty, Renaissance Re, Allied World Assurance, and Max Re


Capital Ltd (includes corresponding Graph/Chart)






Table 5: Non-Life Insurance Industry of Bermuda (2003):


Written Premium in US$ Billion by Leading Companies for ACE,


XL Capital, Partner Re, Arch Capital, AXIS Capital, Endurance


Speciality, Allied World Assurance, Renaissance Re, Everest


Reinsurance and ALEA (includes corresponding Graph/Chart)


3. Colombia


Market Overview


Table 6: Colombian Recent Past, Current & Future Analysis for


Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Billion for the Years 2005 through 2009 (includes


corresponding Graph/Chart






Table 7: Colombian 5-Year Perspective for Insurance Industry


by Segment - Percentage Breakdown of Premium Income for Life


and Non-Life Markets for 2005, 2007, and 2009 (includes


corresponding Graph/Chart)


Life Insurance Industry


Table 8: Colombian Life Insurance Industry (2004): Gross


Written Premium in US$ Million by Leading Companies for


Suramericana, Bolivar, Vidalfa, Colpatria, Colseguros,


Suratep, Royal & SunAlliance, BBVA, Colmena, and Mapfre


(includes corresponding Graph/Chart)






Table 9: Leading Players in the Colombian Life Insurance


Industry (2003) - Gross Written Premium in US$ Million for


Suramericana, Bolivar, Vidalfa, Colpatria, and


Colseguros(includes corresponding Graph/Chart)


Non-Life Insurance Industry


Table 10: Leading Players in the Colombian Non-Life Insurance


Industry (2003) - Gross Written Premium in US$ Million for


Previsora, Colseguros, Liberty, Suramericana, and Estado


(includes corresponding Graph/Chart)


Insurance in Colombia: A Historical Perspective


Table 11: Insurance Industry in Colombia (1999 & 2000):


Leading Insurers Ranked by Gross Premiums Written (In US$


Million) (includes corresponding Graph/Chart)


4. Costa Rica


Table 12: Costa Rican Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 13: Costa Rican 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


5. Dominican Republic


Market Overview


Table 14: Dominican Republic Recent Past, Current & Future


Analysis for Insurance Industry by Segment - Life and


Non-Life Markets Independently Analyzed with Annual Premium


Income in US$ Million for the Years 2005 through 2009


(includes corresponding Graph/Chart)






Table 15: Dominican Republic 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


Life Insurance Market


Table 16: Leading Players in the Life Insurance Industry of


Dominican Republic (2003) - Gross Written Premium in US$


Million for Seguros Popular, Segna, Colonial De Seguros, Cia


de Seguros Palic, and Seguros Banreservas (includes


corresponding Graph/Chart)


Non-Life Insurance Market


Table 17: Dominican Republic Non-Life Insurance Industry


(2003): Gross Written Premium in US$ Million by Leading


Companies for Seguros Popular, Seguros Banreservas, Segna,


Colonial de Seguros, Cia De Seguros Palic, PROSEGUROS,


Seguros Pepin, Monumential de Seguros, Union de Seguros, and


Confederacion del Canada (includes corresponding Graph/Chart)






Table 18: Leading Players in the Non-Life Insurance Industry


of Dominican Republic (2002) - Gross Written Premium in US$


Million for Segna, Seguros Popular, Intercontinental de


Seguros, Colonial de Seguros, and Cia. De Seguros Palic


(includes corresponding Graph/Chart)


The Health Insurance Sector


6. Ecuador


Market Overview


Table 19: Ecuadorian Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 20: Ecuadorian 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


Life Insurance Market


Table 21: Ecuadorian Life Insurance Industry (2007):


Percentage Breakup of Insured Population for Domestic and


Offshore Insurance Companies by Policy Type (includes


corresponding Graph/Chart)






Table 22: Ecuadorian Life Insurance Industry (2006-2008):


Percentage Market Share for Domestic and Offshore Insurance


Companies by Policy Type (includes corresponding Graph/Chart)


Market Leaders-A Recent Past Perspective


Table 23: Ecuadorian Life Insurance Industry (2004): Gross


Written Premium in US$ Million by Leading Companies for Pan


American Life, BMI, Equivida, Pichincha, Bolivar,


Rocafuerte, Colvida, Ace, Panamericana, and Rio Guayas


(includes corresponding Graph/Chart)






Table 24: Ecuadorian Health and Medical Assistance Insurance


Market (2004): Policywriting in US$ Millions and Percentage


Breakdown by Category - IESS, Prepaid-Medicine Companies,


and Private Insurance Companies (includes corresponding


Graph/Chart)






Table 25: Leading Players in Ecuadorian Health Insurance


Market (2004): Percentage Market Share of Insurance and


Prepaid Medicine by Company - BMI, Bolívar, Ecuasanitas,


Health, Humana, PALIC, Pichincha, Rocafuerte, Bolívar, Salud


Coop, Other Prepaid-Medicine Companies, and Other Insurance


Companies (includes corresponding Graph/Chart)






Table 26: Leading Players in Life Insurance Industry of


Ecuador (2003) - Gross Written Premium in US$ Million for


Pan American Life, Pichincha, Bolivar, Equivida, and


Panamericana (includes corresponding Graph/Chart)


Non-Life Insurance Market


Table 27: Leading Players in the Non-Life Insurance Industry


of Ecuador (2003) - Gross Written Premium in US$ Million for


Colonial, Equinoccial, AIG Metropolitana, Interoceanica, and


Aseguradora del Sur (includes corresponding Graph/Chart)


Health Care Insurance


7. El Salvador


Market Overview


Table 28: El Salvador Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 29: El Salvador 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


Market Leaders - A Recent Past Perspective


Table 30: Insurance Industry of El Salvador (2003): Gross


Written Premium in US$ Million by Leading Companies for SISA


Vida, La Centro Americana, Compania General de Seguros,


Segurose Inversiones, Aseguradora Suiza Salvadorena,


Aseguradora Agricola, Asesuisa Vida, Internacional de


Seguros, AIG Union y Desarrollo, and BBVA Seguros (includes


corresponding Graph/Chart)






Table 31: Leading Players in the Insurance Industry of El


Salvador (2002) - Gross Written Premium in US$ Million for


Aseguradora Suiza Salvadorena; SISA, Vida; Seguros e


Inversiones; La Centro Americana; and Compania General de


Seguros (includes corresponding Graph/Chart)


8. Guatemala


Leading Players: Non-Life Insurance


Table 32: Leading Players in the Non-Life Insurance Industry


of Guatemala (2003) - Gross Written Premium in US$ Million


for G&T, Roble, General, Universales, and Occidente


(includes corresponding Graph/Chart)


9. Honduras


Leading Players: Life Insurance Sector


Table 33: Honduran Life Insurance Industry (2003): Gross


Written Premium in US$ Million by Leading Companies for


Palic, Adhorro, Interamericana, Atlantida, Aseguradora,


Crefisa, Continental, Previsa, Del Pais, and Equidad


(includes corresponding Graph/Chart)






Table 34: Leading Players in the Life Insurance Industry of


Honduras (2002) - Gross Written Premium in US$ Million for


Palic, Aseguradora, Adhorro, Atlantida, and Crefisa (includes


corresponding Graph/Chart)


Leading Players: Non-Life Insurance Sector


Table 35: Honduran Non-Life Insurance Industry (2003): Gross


Written Premium in US$ Million by Leading Companies for


Ahorro, Atlantida, Interamericana, Aseguradora, American,


Continental, Crefisa, Previsa, Del Pais, and Equidad


(includes corresponding Graph/Chart)






Table 36: Leading Players in the Non-Life Insurance Industry


of Honduras (2002) - Gross Written Premium in US$ Million


for Adhorro, Interamericana, Atlantida, Aseguradora, and


Continental (includes corresponding Graph/Chart)


10. Jamaica


Market Overview


Table 37: Jamaican Recent Past, Current & Future Analysis for


Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 38: Jamaican 5-Year Perspective for Insurance Industry


by Segment - Percentage Breakdown of Premium Income for Life


and Non-Life Markets for 2005, 2007, and 2009 (includes


corresponding Graph/Chart)


Life Insurance Sector


Table 39: Leading Players in the Jamaican Life Insurance


Industry (2003) - Gross Written Premium in US$ Million for


Life of Jamaica, Guardian Life, Blue Cross, First Life, and


Cuna Mutual (includes corresponding Graph/Chart)


Non-Life Insurance Sector


Table 40: Leading Players in the Jamaican Non-Life Insurance


Industry (2003) - Gross Written Premium in US$ Million for


United General, NEM, Insurance Co. of West Indies, Dyoll,


and West Indies Alliance (includes corresponding


Graph/Chart)


11. Panama


Industry Overview


Table 41: Panamanian Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life Markets


Independently Analyzed with Annual Premium Income in US$


Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 42: Panamanian 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


Life Insurance Sector


Table 43: Life Insurance Industry in Panama (2004): Gross


Written Premium in US$ Million by Leading Companies for


Aseguradora Mundial, Compania Internacional, ASSA, Compania


Nacional, American Life, Assicurazioni Generali, Pan


American, Pan America Life, British American, and Compania


Istmena (includes corresponding Graph/Chart)






Table 44: Leading Players in the Life Insurance Industry of


Panama (2003) - Gross Written Premium in US$ Million for


Aseguradora Mundial, ASSA, Compania Internacional, American


Life, and Assicurazioni Generali (includes corresponding


Graph/Chart)


Non-Life Insurance Sector


Table 45: Leading Players in the Non-Life Insurance Industry


of Panama (2003) - Gross Written Premium in US$ Million for


ASSA, Compania Internacional, Compania Nacional, Aseguradora


Mundial, and Assicurazioni Generali (includes corresponding


Graph/Chart)


12. Peru


Market Overview


Table 46: Peruvian Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life


Markets Independently Analyzed with Annual Premium Income in


US$ Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)




Table 47: Peruvian 5-Year Perspective for Insurance Industry

by Segment - Percentage Breakdown of Premium Income for Life


and Non-Life Markets for 2005, 2007, and 2009 (includes


corresponding Graph/Chart)


Table 48: Peruvian Insurance Industry (2006 & 2007):


Percentage Breakdown of Market Shares by Company - Rimac, El


Pacifico Peruano Suiza, El Pacifico Vida, Invita, La


Positiva, Interseguro, and Others (includes corresponding


Graph/Chart)


Life Insurance Sector


Table 49: Leading Players in the Life Insurance Industry of


Peru (2003) - Gross Written Premium in US$ Million for El


Pacifico Vida, Interseguro, Rimac International, InVita, and


Mapfre Peru Vida (includes corresponding Graph/Chart)


Non-Life Insurance Sector


Table 50: Leading Players in the Non-Life Insurance Industry


of Peru (2003) - Gross Written Premium in US$ Million for


Rimac Internacional, El Pacifico Peruano Suiza, La Positiva,


Royal & SunAlliance, and Generali Peru (includes


corresponding Graph/Chart)


13. Trinidad and Tobago


Market Overview


Table 51: Trinidad and Tobago Recent Past, Current & Future


Analysis for Insurance Industry by Segment - Life and


Non-Life Markets Independently Analyzed with Annual Premium


Income in US$ Million for the Years 2005 through 2009


(includes corresponding Graph/Chart)






Table 52: Trinidad and Tobago 5-Year Perspective for


Insurance Industry by Segment - Percentage Breakdown of


Premium Income for Life and Non-Life Markets for 2005, 2007,


and 2009 (includes corresponding Graph/Chart)


Life Insurance Sector


Table 53: Life Insurance Industry in Trinidad and Tobago


(2003): Gross Written Premium in US$ Million by Leading


Companies for Clico, Guardian, Sagicor, Algico, British


American, Maritime, Tatil, Cuna, Life of Barbados, and


Bancassurance (includes corresponding Graph/Chart)






Table 54: Leading Players in the Life Insurance Industry of


Trinidad and Tobago (2002) - Gross Written Premium in US$


Million for Clico, Sagicor, Guardian, Maritime, and Algico


(includes corresponding Graph/Chart)


Non-Life Insurance Sector


Table 55: Non-Life Insurance Industry in Trinidad and Tobago


(2003): Gross Written Premium in US$ Million by Leading


Companies for Chic, Algico, Maritime, Nemwil, Colfire, Tatil,


Beacon, Capital, GTM, and Gulf (includes corresponding


Graph/Chart)






Table 56: Leading Players in the Non-Life Insurance Industry


of Trinidad and Tobago (2002) - Gross Written Premium in US$


Million for Algico, Chic, Nemwil, Colfire, and Tatil


(includes corresponding Graph/Chart)


14. Uruguay


Life Insurance Sector


Table 57: Uruguayan Life Insurance Industry (2003): Gross


Written Premium in US$ Million by Leading Companies for Banco


de Seguros del Estado, ALICO, Real Uruguaya, Metropolitan


Life, Cooperativa de Seguros Sucro, and Santander (includes


corresponding Graph/Chart)






Table 58: Leading Players in the Life Insurance Industry of


Uruguay (2002) - Gross Written Premium in US$ Million for


Banco de Seguros del Estado, Real Uruguaya, ALICO,


Cooperativa de Seguros Surco, and Metropolitan Life (includes


corresponding Graph/Chart)


Non-Life Insurance Sector


Table 59: Uruguayan Non-Life Insurance Industry (2003): Gross


Written Premium in US$ Million by Leading Companies for Banco


de Seguros del Estado, Royal & SunAlliance, Porto


Seguro-Seguros, AIG Uruguay, Mapfre Uruguay, AXA Seguros,


Real Uruguaya, FAR, Compania Uruguaya de Seguros, and Alianca


de Bahia (includes corresponding Graph/Chart)






Table 60: Leading Players in the Non-Life Insurance Industry


of Uruguay (2002) - Gross Written Premium in US$ Million for


Banco de Seguros del Estado, Royal & SunAlliance, Porto


Seguro-Seguros, AIG Uruguay, and Mapfre Uruguay (includes


corresponding Graph/Chart)


15. Venezuela


Market Overview


Table 61: Venezuelan Recent Past, Current & Future Analysis


for Insurance Industry by Segment - Life and Non-Life


Markets Independently Analyzed with Annual Premium Income in


US$ Million for the Years 2005 through 2009 (includes


corresponding Graph/Chart)






Table 62: Venezuelan 5-Year Perspective for Insurance


Industry by Segment - Percentage Breakdown of Premium Income


for Life and Non-Life Markets for 2005, 2007, and 2009


(includes corresponding Graph/Chart)


Life Insurance Sector


Table 63: Venezuelan Life Insurance Industry (2003): Gross


Written Premium in US$ Million by Leading Companies for


Mapfre, Caracas de Liberty, Previsora, Bancentro,


Multinacional, Horizonte, Ban Valor, Mercantil, Nuevo Mundo,


and Adriatica (includes corresponding Graph/Chart)






Table 64: Leading Players in the Venezuelan Life Insurance


Industry (2002) - Gross Written Premium in US$ Million for


Seguridad, Multinacional de Seguros, Horizonte, Previsora


C.N.A., and Caracas de Liberty Mutual (includes


corresponding Graph/Chart)


Non-Life Insurance Sector


Table 65: Venezuelan Non-Life Insurance Industry (2003):


Gross Written Premium in US$ Million by Leading Companies for


Caracas de Liberty Mutual, Mercantil, Zurich, Mapfre,


Multinacional, Adriatica, Catatumbo, Bancentro, Nuevo Mundo,


and Previsora (includes corresponding Graph/Chart)






Table 66: Leading Players in the Venezuelan Non-Life


Insurance Industry (2002) - Gross Written Premium in US$


Million for Caracas de Liberty Mutual, Mercantil, Zurich


Seguros, Seguridad, and Multinacional de Seguros (includes


corresponding Graph/Chart)


16. Recent Industry Activity


Validus Acquires Talbot


Brit Insurance to Establish New Reinsurance Company


Hiscox acquires Kidnap and Ransom Business from Aon


Lexington Insurance Opens Office in Bermuda


Olympus Divests from Talbot


Max Re Capital Changes its Name


Fortress Group to Buy Alea


PXRE and Argonaut Pens Merger Deal


Enstar Acquires Inter-Ocean Holdings


Argus Takes Over Tremont International


AGF to Sell Adriatica de Seguros


Global Tuition & Education Insurance to Acquire R&SA Seguros de Vida


Scor to Bid for Acquisition of Scottish Re


Hiscox Pens Reinsurance Agreement with WL Ross & Co


17. Strategic Corporate Developments in Recent Past


Stewart Title Acquires Majority Stake in San Juan Abstract


Mariategui Teams Up with HLA Global Insurance Network






Ordering and More Information
Price and Delivery Options


MindBranch has been the leading provider of industry and investment research from more than 550 independent research firms since 1992. With over 90,000 market research reports, MindBranch is your trusted source of competitive business intelligence.