Boston, MA -- (SBWIRE) -- 08/21/2013 -- The Dominican insurance industry is expected to grow over the forecast period. Stable economic growth, increased investment in infrastructure, and growing demand for health insurance are the main factors which will support growth. Also, a new mortgage law to facilitate the growth of the housing market in the country will spur the demand for products related to property insurance. The low insurance penetration will provide companies with potential for growth, supported by increasing consumer awareness of insurance. New product developments to cater to growing and changing consumer needs, along with strategic alliances by companies to expand market presence, will drive growth in the coming years.

Key Highlights

- The Dominican insurance industry is expected to grow over the forecast period
- Stable economic growth, increased investment in infrastructure, and growing demand for health insurance are the main factors which will support growth
- A new mortgage law to facilitate the growth of the housing market in the country will spur the demand for products related to property insurance
- Low insurance penetration will provide companies with potential for growth, supported by increasing consumer awareness of insurance
- New product developments to cater to growing and changing consumer needs, along with strategic alliances by companies to expand market presence, will drive growth in the coming years

View Full Report Details and Table of Contents

Scope

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

- It provides historical values for the Dominican Republic insurance industry for the report's 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 Dominican Republic 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 the Dominican Republic 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 Dominican Republic insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Dominican Republic insurance industry
- Assess the competitive dynamics in the Dominican Republic insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Dominican Republic insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: Seguros Universal, CA, Banreservas Seguros, SA, Mapfre BHD Compania de Seguros, SA, La Colonial, SA, Compania de Seguros, Progreso Compania de Seguros SA

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