MarketResearchReports.Biz announces addition of new report “The Insurance Industry in the Dominican Republic, Key Trends and Opportunities to 2017” to its database

Albany, NY -- (SBWire) -- 07/23/2013 --The report provides in depth market analysis, information and insights into the insurance industry in the Dominican Republic, including:

To Read The Complete Report with TOC : http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-the-dominican-republic-key-trends-and-opportunities-to-2017

- The Dominican Republic insurance industry’s growth prospects by insurance segments and categories
- The competitive landscape in the Dominican Republic insurance industry
- The current trends and drivers of the Dominican Republic insurance industry
- The challenges facing the Dominican Republic insurance industry
- The regulatory framework of the Dominican Republic insurance industry

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Executive summary

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.

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