The report provides in depth market analysis, information and insights into the insurance industry in Nicaragua, including:
Summary
The Nicaraguan insurance industry is still in its developmental stages. There are a total of five insurance companies in Nicaragua: four private and one public limited company. The industry is therefore highly concentrated, with the two-leading insurers accounting for a collective market share of 56.2% in 2012. Nicaragua is the poorest country in Central America and half of the population lives below poverty line. The combination of a significantly large rural population, high levels of poverty and a low literacy rate is hindering the growth of the nations insurance industry. The industrys main growth driver is the non-life segment. Export and tourism growth will support the sales in the insurance industry over the forecast period.
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Scope
This report provides a comprehensive analysis of the insurance industry in Nicaragua:
Reasons To Buy
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Key Highlights
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- The Nicaraguan insurance industrys growth prospects by insurance segments and categories
- The competitive landscape in the Nicaraguan insurance industry
- The current trends and drivers of the Nicaragua insurance industry
- The challenges facing the Nicaragua insurance industry
- The regulatory framework of the Nicaragua insurance industry
Summary
The Nicaraguan insurance industry is still in its developmental stages. There are a total of five insurance companies in Nicaragua: four private and one public limited company. The industry is therefore highly concentrated, with the two-leading insurers accounting for a collective market share of 56.2% in 2012. Nicaragua is the poorest country in Central America and half of the population lives below poverty line. The combination of a significantly large rural population, high levels of poverty and a low literacy rate is hindering the growth of the nations insurance industry. The industrys main growth driver is the non-life segment. Export and tourism growth will support the sales in the insurance industry over the forecast period.
To Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis/166386
Scope
This report provides a comprehensive analysis of the insurance industry in Nicaragua:
- It provides historical values for the Nicaraguan insurance industry for the reports 2008 - 2012 review period and forecast figures for the 2012 - 2017 forecast period
- It offers a detailed analysis of the key segments and categories in the Nicaraguan insurance industry, along with industry forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Nicaragua and outlines the key regulations affecting them
Reasons To Buy
- Make strategic business decisions using in depth historic and forecast industry data related to the Nicaraguan insurance industry and each segment within it
- Assess the competitive dynamics in the Nicaraguan insurance industry
- Understand the demand-side dynamics, key market trends and growth opportunities within the Nicaraguan insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Nicaraguan insurance industry and its impact on companies and the industry's future
To Buy the Copy Of This Report Visit: http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-nicaragua-key-trends-and-opportunities-to-2017
Key Highlights
- The non-life insurance segment accounted for the largest share of the total insurance written premium value in 2012
- Non-life is the largest insurance segment in Nicaragua
- Medical tourism has been highlighted as a growth driver for Nicaragua
- Income earned through exports plays an important role in promoting the Nicaraguan economy. In 2012, export figures grew by 17.5% to hit US$2.8 billion of which coffee accounted for US$519 million of the total
- The Nicaraguan insurance industry is regulated by the Superintendence of Banks and Other Financial Institutions (SIBOIF)
About Us
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
http://www.marketresearchreports.biz/
Blog: http://chinamarketreports.blogspot.com/
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