Recently published research from Timetric, "The Insurance Industry in Yemen, Key Trends and Opportunities to 2016", is now available at Fast Market Research

Boston, MA -- (SBWire) -- 06/24/2013 --This report provides a comprehensive analysis of the insurance industry in Yemen:

- It provides historic values for the Yemeni insurance industry for the report's 2007-2011 review period and forecast figures for the 2011-2016 forecast period
- It offers a detailed analysis of the key segments and categories in the Yemeni insurance industry, along with industry 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 Yemen and outlines the key regulations affecting them

Key Highlights

- The size of the Yemeni insurance industry is relatively small compared to neighboring MENA countries.
- Over 89% of the country's inhabitants do not posses any kind of insurance, despite the existence of insurance services in the country for several decades.
- The main reasons for this low penetration are low awareness of insurance products and the extreme political and economic conditions in the country.
- Demand for conventional insurance policies is expected to increase substantially over the forecast period.
- This will be driven by the low insurance penetration level and by the government's initiative to encourage overseas investors by opening up the economy.
- Yemen is expected to gain membership to the World Trade Organization (WTO) and the Gulf Cooperation Council (GCC), which is likely to attract foreign inward investments into Yemen.

View Full Report Details and Table of Contents

Scope

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

- It provides historic values for the Yemeni insurance industry for the report's 2007-2011 review period and forecast figures for the 2011-2016 forecast period
- It offers a detailed analysis of the key segments and categories in the Yemeni insurance industry, along with industry 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 Yemen 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 Yemeni insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Yemeni insurance industry
- Assess the competitive dynamics in the Yemeni insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Yemeni insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: United Insurance, Trust Yemen Insurance and Reinsurance, Mareb Insurance Company, Yemen Insurance Company, Al-Watania Insurance Company

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