ResearchMoz.us includes new market research report " The Insurance Industry in the Bahamas to 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
The report provides detailed analysis of the market trends, drivers, challenges in the Bahamian insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes detailed information on the competitive landscape in the country.
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Synopsis:
The Insurance Industry in the Bahamas, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Bahamian insurance industry, including:
- The Bahamian insurance industry's growth prospects by segment and category
- Key trends, drivers and challenges in the Bahamian insurance industry
- The detailed competitive landscape in the Bahamian insurance industry
- Detailed regulatory policies of the Bahamian insurance industry
Scope:
This report provides a comprehensive analysis of the insurance industry in the Bahamas:
- It provides historical values for the Bahamian insurance industry for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
- It offers a detailed analysis of the key segments in the Bahamian insurance industry, along with market forecasts until 2018.
- 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 the Bahamas and outlines the key regulations affecting them.
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The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.
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Key highlights:
- The Bahamian insurance industry grew in terms of gross written premium at a review-period CAGR of 2.8%.
- The non-life segment accounted for a 46.1% of the industry’s gross written premium in 2013.
- The Bahamian insurance penetration stood at 7.4% in 2013.
- Over the forecast period, stable growth in compulsory insurance classes, as well as infrastructure and tourism development will support the growth of the non-life segment.
- The insurance industry in the Bahamas is regulated by the Insurance Commission of The Bahamas (ICB).
- As on January 1, 2015, the industry had 12 life and 16 general insurers with a combination of both domestic and foreign insurers.
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