Tuesday, September 17, 2013

The Insurance Industry In Panama, Key Trends And Opportunities To 2017: Market Analysis and Overview

The report provides exhaustive market research, info and insights into the insurance business in Panama, including:

  • The Panama insurance industry’s growth prospects by insurance segments and classes
  • The competitive landscape in Panama's insurance business
  • The current trends and drivers of Panama's insurance business
  • The challenges facing Panama's insurance business
  • The regulative framework of Panama's insurance business

Executive outline

Panama’s insurance business is that the one in all the biggest in Central America. Since 2004, the country has recorded economic process and maintained a stable political setting, that helped the expansion of the insurance business. The country is additionally among the biggest recipients of foreign direct investment (FDI) in Latin America. Panama’s economic process is focused upon the shipway that links the Atlantic and Pacific Oceans and is a key intersection for international trade. Associate in Nursing enlargement arrange for the shipway, thought-about to be one in all the biggest infrastructure comes within the world, is predicted to completely impact on Panama’s economy and insurance business. The country’s insurance business is extremely targeted.

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This report provides a comprehensive analysis of the insurance business in Panama:

  • It provides historical values for Panama's insurance business for the report’s 2008–2012 review amount and forecast figures for the 2012–2017 forecast amount
  • It offers a close analysis of the key segments and classes in Panama's insurance business, together with business forecasts till 2017
  • It covers Associate in Nursing thoroughgoing list of parameters, as well as written premium, incurred loss, loss ratio, commissions and expenses, combined magnitude relation, total assets, total investment financial gain and retentions
  • It profiles the highest insurance firms in Panama and descriptions the key laws poignant them

Reasons to shop for

  • Make strategic business choices victimisation exhaustive historic and forecast business knowledge associated with Panama's insurance business and every phase at intervals it
  • Assess the competitive dynamics in Panama's insurance business
  • Understand the demand-side dynamics, key market trends and growth opportunities at intervals Panama's insurance business
  • Identify the expansion opportunities and market dynamics at intervals key segments
  • Gain insights into key laws governing Panama's insurance business and its impact on firms and therefore the industry's future

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Key highlights

  • Panama's insurance business is dominated by the non-life insurance phase
  • Panama lacks financial policy instruments useful in edge inflation owing to the adoption of the United States dollar as its official currency
  • The shipway enlargement project, the world's largest Infrastructure development project, is predicted to be complete by 2015, and can expand the insurance market considerably
  • The insurance business in Panama is fragmented and competitive
  • Every commissioned general and long-run insurance firm in Panama ought to maintain the minimum paid share capital as prescribed

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