"Reinsurance in Vietnam, Key Trends and Opportunities to 2016" Now Available at Fast Market Research

Recently published research from Timetric, "Reinsurance in Vietnam, Key Trends and Opportunities to 2016", is now available at Fast Market Research

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Boston, MA -- (SBWire) -- 01/02/2013 --Despite the global financial crisis, the Vietnamese reinsurance segment recorded stable growth during the review period. This is attributable to the increasing cost of reinsurance protection, the nation's growing non-life and personal accident and health insurance segments, a greater understanding of the benefits of reinsurance and the removal of a government policy which forced insurance companies to cede at least 20% of their reinsurance premiums to the only domestic reinsurance company.

Key Highlights

- The number of Vietnamese reinsurance companies increased from one to two in 2011.
- The Vietnamese reinsurance segment is expected to grow at a compound annual growth rate (CAGR) of 16% over the forecast period (2012-2016).
- The key growth driver for the reinsurance segment will be the government's liberalized regulations, such as the abolition of a mandatory premium contribution of 20% to domestic reinsurance company Vietnam National Reinsurance Joint Stock Corp (VNR).
- During the review period corporations have increasingly recognized bancassurance as an important channel for the distribution of products.

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the reinsurance market in Vietnam:

- It provides historical values for Vietnam's reinsurance market 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 sub-segments in Vietnam's reinsurance market, along with market forecasts until 2016
- It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Vietnam and its growth prospects
- It profiles the top reinsurance companies in Vietnam

Reasons to Get this Report

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

Companies Mentioned in this Report: Vietnam National Reinsurance Corporation, PVI Insurance Corporation

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View this press release online at: http://rwire.com/191161