Reinsurance in Peru, Key Trends and Opportunities to 2020

NEW YORK, Jan. 31, 2017 /PRNewswire/ —

Synopsis
Timetric’s ‘Reinsurance in Peru Key Trends and Opportunities to 2020′ report provides in-depth market analysis, information and insights into the Peruvian reinsurance segment, including:

– An outlook of the Peruvian reinsurance segment

– A comprehensive overview of the Peruvian economy and demographics

– Detailed analysis of natural and man-made hazards and their impact on the Peruvian insurance industry

– The competitive landscape in the Peruvian reinsurance segment

Summary
Timetric’s ‘Reinsurance in Peru Key Trends and Opportunities to 2020′ report provides detailed analysis of the market trends, drivers and challenges in the Peruvian reinsurance segment.

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2011–2015) and forecast period (2015–2020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Peruvian economy and demographics, and provides detailed analysis of natural and man-made hazards and their impact on the Peruvian insurance industry.

The report brings together Timetric’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.

Scope
This report provides a comprehensive analysis of the reinsurance segment in Peru:

– It provides historical values for the Peruvian reinsurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

– It offers a detailed analysis of the key categories in the Peruvian reinsurance segment, and market forecasts to 2020.

– It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Peru, and the reinsurance segment’s growth prospects.

– It analyzes various natural and man-made hazards and their impact on the Peruvian insurance industry

Reasons To Buy
– Make strategic business decisions using in-depth historic and forecast market data related to the Peruvian reinsurance segment, and each category within it.

– Understand the demand-side dynamics, key market trends and growth opportunities in the Peruvian reinsurance segment.

– Identify growth opportunities and market dynamics in key product categories.

– Gain insights into key regulations governing the Peruvian insurance industry, and their impact on companies and the industry’s future.

Key Highlights
– The non-life segment accounted for highest premium ceded in 2015, with 41.3% of the non-life segment’s total, followed by the life segment with 15.5% and the personal accident and health segment with 4.1%.

– Under Article 10 of Law No. 26702 foreign reinsurance companies may write reinsurance business without registering with the Superintendencia de Banca y Seguros (SBS) provided they hold ratings of BBB- by S&P, Baa3 by Fitch, BBB- by Moody’s or B+ by AM Best.

– Peruvian insurers share risk with reinsurers to avoid losses due to natural disasters.

– Arthur J Gallagher and Grupo CP completed the acquisition of majority shareholdings in Peruvian reinsurance broker JAO & Partners in 2014.

Read the full report: http://www.reportlinker.com/p01044766-summary/view-report.html

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