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(MoneyNewsWire.Net, October 07, 2016 ) Life Insurance Market in Latin America 2016-2020 Size and Share Published in 2016-07-12 Available for US$ 2500 at Researchmoz.us
Description
About the Life Insurance Market in Latin America
Life insurance is a major tool in basic estate planning. The compensation received as part of life insurance claim is tax free and often exceeds the premiums paid. In the current market scenario, there are many top life insurance vendors offering a huge number of product portfolios. With this scenario in place, the demand for life insurance policies is calculated on the basis of the rate at which transparent products are being provided by vendors to customers.
Unit-linked insurance plan (ULIP) products, which offer both insurance and investment under a single plan, have started including basic life insurance products. This has boosted transparency in life insurance products as these policies are geared with guarantees such as death benefits. This increase in demand for less complex products among customers has led to the entry of new non-traditional players (or local players), intensifying competition in the life insurance industry.
Technavios analysts forecast the life insurance market in Latin America to grow at a CAGR of 5.87% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the life insurance market in Latin America for 2016-2020. To calculate the market size, Technavio considers the total premium volume in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Uruguay, and Venezuela.
The market is divided into the following segments based on regions:
Argentina
Brazil
Chile
Colombia
Ecuador
Mexico
Panama
Peru
Uruguay
Venezuela
Technavio's report, Life Insurance Market in Latin America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
AXA
Bradesco
Ita Unibanco Holding
Mapfre
Zurich Insurance
Other prominent vendors
Allianz
American International Group (AIG)
Aviva
Brasilprev
CNP
Grupo Nacional Provincial
Liberty Mutual
MetLife
Porto Seguro
Market driver
Creating favorable environment to improve profitability
For a full, detailed list, view our report
Market challenge
Regulatory and macroeconomic changes
For a full, detailed list, view our report
Market trend
Rise in use of BPO for closed-book operations
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Life insurance overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
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