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(MoneyNewsWire.Net, June 18, 2015 ) 'Market Attractiveness and Future Prospects of the Sudanese Takaful Insurance Industry' report provides detailed analysis of the trends in the Sudanese takaful insurance industry. It uses key performance Indicators such as gross written premium, direct written premium, earned premium, claims, incurred loss, loss ratio, combined ratio, commissions and expenses, and assets during the review period (2009–2013) and forecast period (2013–2018).
View report details with TOC at: http://www.researchmoz.us/market-attractiveness-and-future-prospects-of-the-sudanese-takaful-insurance-industry-report.html
Scope:-
This report provides a comprehensive analysis of the takaful insurance industry in Sudan:
It provides historical values for the Sudanese takaful 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 and categories in the Sudanese takaful insurance industry, along with forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, and total assets.
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Reasons to buy:-
Make strategic business decisions using in-depth historic and forecast industry data related to the Sudanese takaful insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities in the Sudanese takaful insurance industry.
Identify the growth opportunities and market dynamics in key segments.
Sample of Table Of Content:-
1 Analysis of Sudanese Takaful Market Dynamics
2 Takaful Life Insurance Trends
2.1 Policies and Premiums
2.2 Claims and Expenses
2.3 Total Assets
2.4 Other Key Performance Indicators
2.5 Non-Linked
3 Takaful Non-Life Insurance Trends
3.1 Policies and Premiums
3.2 Claims and Expenses
3.3 Total Assets
3.4 Other Key Performance Indicators
4 Takaful Non-Life Insurance Categories
4.1 Property Insurance Category Trends
4.2 Takaful Motor Insurance Category Trends
4.3 Takaful Liability Insurance Trends
4.4 Takaful Marine, Aviation and Transit Insurance Category Trends
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Key highlights:-
The Sudanese takaful industry’s gross written premium increased at a review-period (2009–2013) compound annual growth rate (CAGR) of 23.4%
Non-life insurance is the largest segment in the overall takaful insurance industry in terms of gross written premium, accounting for 58% of the industry’s total share in 2013.
According to the Sudanese Insurance Supervisory Authority, there are four life insurers and seven non-life insurers which offer takaful products in Sudan.
The minimum capital requirement for insurers in Sudan is SDG6.0 million (US$1.0 million), which must be met by all insurers in accordance with Sharia standards.
To make the industry more lucrative, the Sudanese government plans to replace the Sudanese Insurance Law 2001 by the end of 2015 with a more comprehensive new law.
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