(MoneyNewsWire.Net, September 14, 2016 ) The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Venezuelan economy and demographics, and provides detailed analysis of natural hazards and their impact on the Venezuelan insurance industry.
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The report brings together Publisher's research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.
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Report Summary
Publisher's 'Reinsurance in Venezuela, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Venezuelan reinsurance segment, including: - The Venezuelan reinsurance segment's growth prospects by reinsurance ceded from direct insurance - A comprehensive overview of the Venezuelan economy and demographics - Detailed analysis of natural hazards and their impact on the Venezuelan insurance industry - The competitive landscape in the Venezuelan reinsurance segment
Report url: http://www.reportsweb.com/reinsurance-in-venezuela-key-trends-and-opportunities-to-2019
Report Scope
This report provides a comprehensive analysis of the reinsurance segment in Venezuela: - it provides historical values for the Venezuelan 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 Venezuelan reinsurance segment, and market forecasts to 2019. - it provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Venezuela, and the reinsurance segment's growth prospects.
Key Highlights
- Make strategic business decisions using in-depth historic and forecast market data related to the Venezuelan reinsurance segment, and each category within it. - Understand the demand-side dynamics, key market trends and growth opportunities in the Venezuelan reinsurance segment. - identify growth opportunities and market dynamics in key product categories. - Gain insights into key regulations governing the Venezuelan insurance industry, and their impact on companies and the industry's future.
Reason to Buy
- Venezuela's reinsurance segment posted a review-period CAGR of 20.2%, and was partly driven by the expansion of direct insurers. - Venezuela's geographical location makes it prone to natural disasters. The country is affected by El Nino, which gives rise to droughts, storms, floods and landslides. - The reinsurance segment is highly competitive, in the presence of four domestic specialized reinsurers: American Reinsurance, CA; international Reinsurance Company Ltd of Venezuela, RiV; Provincial Reinsurance, CA; and Delta Reinsurer, CA. - The reinsurance segment consists of both domestic and foreign reinsurers. Foreign insurers operate through local subsidiaries. - On December 30, 2015, the government amended the minimum capital requirement for insurance companies (Article 19 of the insurance Activities Act 2010).
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