Boston, MA -- (SBWIRE) -- 03/26/2013 -- Panama's insurance market is the one of the largest in Central America. Since 2004 the country has seen strong economic growth and a stable political environment, which led to the growth of the insurance industry. The country is also among the largest recipients of foreign direct investment (FDI) among Latin American countries. Panama's economic growth is centered upon the Panama Canal which links the Atlantic and Pacific oceans and serves as a key crossroads of global trade. Its huge expansion plans are considered to be one of the world's largest infrastructure projects, and are expected to have a significant impact on Panama's economy and its insurance industry.

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Key Highlights

- Panama's insurance market is the one of the largest in Central America.
- Since 2004 the country has seen strong economic growth and a stable political environment, which led to the growth of the insurance industry.
- The country is also among the largest recipients of foreign direct investment (FDI) among Latin American countries.
- Panama's economic growth is centered upon the Panama Canal which links the Atlantic and Pacific Oceans and serves as a key crossroads of global trade..
- Its huge expansion plans are considered to be one of the world's largest infrastructure projects, and are expected to have a significant impact on Panama's economy and its insurance industry.

Scope

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

- It provides historical values for the Panamanian insurance industry for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- It offers a detailed analysis of the key segments and sub-segments in the Panamanian insurance industry, along with forecasts until 2016
- 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 Panama and outlines the key regulations affecting them

Reasons to Get This Report

- Make strategic business decisions using in depth historic and forecast industry data related to the Panamanian insurance industry and each segment within it
- Understand the demand-side dynamics, key trends and growth opportunities within the Panamanian insurance industry
- Assess the competitive dynamics in the Panamanian insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Panamanian insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: Mapfre Panama, Assa, Compania de Seguros, SA, Pan-American Life Insurance of Panama, SA, National Union Fire Inc. Co. of Pitts, PA

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