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Life Insurance and Non-Life Insurance Market in Colombia 2015 - Key Trends, Opportunities and Forecast to 2019: ResearchMoz

ResearchMoz added Latest Research Report titled " Life Insurance and Non-Life Insurance Market in Colombia, Key Trends and Opportunities to 2019: Worldwide Market Research, Analysis, Shares, Size, Growth and Outlook" to it's Large Report database.


Albany, NY -- (SBWIRE) -- 10/29/2015 -- 'Life Insurance in Colombia, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Colombian life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019).

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The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Colombian economy and demographics and provides detailed information on the competitive landscape in the country.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

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This report provides a comprehensive analysis of the life insurance segment in Colombia:

It provides historical values for the Colombian life insurance segment for the report's 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
It offers a detailed analysis of the key categories in the Colombian life insurance segment, along with market forecasts until 2019.
It analyses the various distribution channels for life insurance products in Colombia.
It profiles the top life insurance companies in Colombia and outlines the key regulations affecting them.


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

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The Colombian life insurance segment recorded a CAGR of 13.0% in terms of gross written premium during the review period in 2014.
The segment's performance was attributed to regulatory changes and the industry's premium growth, the strong performance of the pension insurance category and the developing group life insurance business.
Penetration rates in the Colombian life insurance segment grew during the review period, primarily due to rising consumer awareness with regards to life insurance products. However, this figure is comparatively low when compared with other Latin American countries.
Unlike other Latin American countries, the Colombian life insurance segment was primarily dominated by group life insurance products.
The segment's financial outlook is expected to remain stable due to the conservative investment approach adopted by life insurers.

Related Reports:-

Non-Life Insurance in Colombia, Key Trends and Opportunities to 2019

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