ResearchMoz.us include new market research report" The Insurance Industry in Jamaica, Key Trends and Opportunities to 2017 " to its huge collection of research reports.
The report provides in depth industry analysis, information and insights into the insurance industry in Jamaica, including:
The Jamaican insurance industry’s growth prospects by insurance segments and sub-segments
The competitive landscape in the Jamaican insurance industry
The current trends and drivers of the Jamaican insurance industry
The challenges facing the Jamaican insurance industry
The regulatory framework of the Jamaican insurance industry
View Full This Report With TOC @ http://www.researchmoz.us/the-insurance-industry-in-jamaica-key-trends-and-opportunities-to-2017-report.html
Executive summary:
With a 0.5% decline in GDP in 2012, the Jamaican economy is in a state of recession. The island nation’s economy remained fragile during the review period, recording three consecutive years of negative growth, exacerbated by the widening current account deficit, depreciating currency and damage from Hurricane Sandy in 2012. The International Monetary Fund (IMF) approved a four-year US$2 billion loan package in 2012 which is expected to stabilize the economy. However, despite the subdued economic conditions, the Jamaican insurance industry registered a compound annual growth rate (CAGR) of 6.2% during the review period (2008–2012), supported by an increase in premium rates and the growing tourism industry. The industry is competitive with 17 active insurance companies in 2012.
Scope:
This report provides a comprehensive analysis of the insurance industry in Jamaica:
It provides historical values for the Jamaican 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 sub-segments in the Jamaican insurance industry, along with forecasts until 2017
It covers an exhaustive list of parameters including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions
It profiles the top insurance companies in Jamaica and outlines the key regulations affecting them
Reasons to buy:
Make strategic business decisions using in depth historic and forecast industry data related to the Jamaican insurance industry and each segment within it
Understand the demand-side dynamics, key trends and growth opportunities within the Jamaican insurance industry
Assess the competitive dynamics in the Jamaican insurance industry
Identify the growth opportunities and market dynamics within key segments
Gain insights into key regulations governing the Jamaican insurance industry and its impact on companies and the industry's future
Key highlights:
The Jamaican insurance industry is among the smallest in the Latin America and Caribbean (LAC) region, with gross written premium valuing JMD61.8 billion (US$700 million) in 2012
The Jamaican insurance industry is dominated by the non-life segment, which accounted for 48.3% of the gross written premium in 2012
The Jamaican insurance industry is supervised and regulated by the Financial Services Commission (FSC) of Jamaica, according to the rules and regulations stipulated in the Insurance Act 2001 and the Insurance Regulations 2001
Jamaica’s inflation rate fell from 22% in 2008 to 7.3% in 2012
With 17 insurance companies operating in the industry, the Jamaican insurance industry is highly competitive. The life segment is concentrated with the two leading insurers accounting for 83.5% of the written premiums generated in 2011
Related Reports:
Reinsurance in the Philippines, Key Trends and Opportunities to 2016( http://www.researchmoz.us/reinsurance-in-the-philippines-key-trends-and-opportunities-to-2016--report.html )
Life Insurance in Italy, Key Trends and Opportunities to 2016( http://www.researchmoz.us/life-insurance-in-italy-key-trends-and-opportunities-to-2016-report.html )
Browse All Latest Report Related to Insurance Market Research Reports @ http://www.researchmoz.us/insurance-market-reports-161.html
About Us:
ResearchMoz ( http://www.researchmoz.us/ ) is the one stop online destination to find and buy market research reports. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. We provide the market context, competitor insight and future trends needed for strategic planning.
For More Information Kindly Contact:
Email :[email protected]
Website:http://www.researchmoz.us/
Blog :http://globalmarketresearchnews.blogspot.com/
The report provides in depth industry analysis, information and insights into the insurance industry in Jamaica, including:
The Jamaican insurance industry’s growth prospects by insurance segments and sub-segments
The competitive landscape in the Jamaican insurance industry
The current trends and drivers of the Jamaican insurance industry
The challenges facing the Jamaican insurance industry
The regulatory framework of the Jamaican insurance industry
View Full This Report With TOC @ http://www.researchmoz.us/the-insurance-industry-in-jamaica-key-trends-and-opportunities-to-2017-report.html
Executive summary:
With a 0.5% decline in GDP in 2012, the Jamaican economy is in a state of recession. The island nation’s economy remained fragile during the review period, recording three consecutive years of negative growth, exacerbated by the widening current account deficit, depreciating currency and damage from Hurricane Sandy in 2012. The International Monetary Fund (IMF) approved a four-year US$2 billion loan package in 2012 which is expected to stabilize the economy. However, despite the subdued economic conditions, the Jamaican insurance industry registered a compound annual growth rate (CAGR) of 6.2% during the review period (2008–2012), supported by an increase in premium rates and the growing tourism industry. The industry is competitive with 17 active insurance companies in 2012.
Scope:
This report provides a comprehensive analysis of the insurance industry in Jamaica:
It provides historical values for the Jamaican 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 sub-segments in the Jamaican insurance industry, along with forecasts until 2017
It covers an exhaustive list of parameters including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions
It profiles the top insurance companies in Jamaica and outlines the key regulations affecting them
Reasons to buy:
Make strategic business decisions using in depth historic and forecast industry data related to the Jamaican insurance industry and each segment within it
Understand the demand-side dynamics, key trends and growth opportunities within the Jamaican insurance industry
Assess the competitive dynamics in the Jamaican insurance industry
Identify the growth opportunities and market dynamics within key segments
Gain insights into key regulations governing the Jamaican insurance industry and its impact on companies and the industry's future
Key highlights:
The Jamaican insurance industry is among the smallest in the Latin America and Caribbean (LAC) region, with gross written premium valuing JMD61.8 billion (US$700 million) in 2012
The Jamaican insurance industry is dominated by the non-life segment, which accounted for 48.3% of the gross written premium in 2012
The Jamaican insurance industry is supervised and regulated by the Financial Services Commission (FSC) of Jamaica, according to the rules and regulations stipulated in the Insurance Act 2001 and the Insurance Regulations 2001
Jamaica’s inflation rate fell from 22% in 2008 to 7.3% in 2012
With 17 insurance companies operating in the industry, the Jamaican insurance industry is highly competitive. The life segment is concentrated with the two leading insurers accounting for 83.5% of the written premiums generated in 2011
Related Reports:
Reinsurance in the Philippines, Key Trends and Opportunities to 2016( http://www.researchmoz.us/reinsurance-in-the-philippines-key-trends-and-opportunities-to-2016--report.html )
Life Insurance in Italy, Key Trends and Opportunities to 2016( http://www.researchmoz.us/life-insurance-in-italy-key-trends-and-opportunities-to-2016-report.html )
Browse All Latest Report Related to Insurance Market Research Reports @ http://www.researchmoz.us/insurance-market-reports-161.html
About Us:
ResearchMoz ( http://www.researchmoz.us/ ) is the one stop online destination to find and buy market research reports. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. We provide the market context, competitor insight and future trends needed for strategic planning.
For More Information Kindly Contact:
Email :[email protected]
Website:http://www.researchmoz.us/
Blog :http://globalmarketresearchnews.blogspot.com/
RSS Feed