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Albany, NY -- (SBWire) -- 03/26/2015 --Synopsis

The report provides in-depth market analysis, information and insights into the Yemeni insurance industry, including:

The Yemeni insurance industry's growth prospects by segment and category
Key trends, drivers and challenges in the Yemeni insurance industry
The detailed competitive landscape in the Yemeni insurance industry
Detailed regulatory policies of the Yemeni insurance industry

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Executive summary

Timetric's ' The Insurance Industry in Yemen, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Yemeni insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also includes 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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Scope

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

It provides historical values for the Yemeni insurance industry for the report's 2009–2013 review period, and projected figures for the 2013–2018 forecast period.

It offers a detailed analysis of the key segments in the Yemeni insurance industry, along with market forecasts until 2018.

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, 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 buy

Make strategic business decisions using in-depth historic and forecast market data related to the Yemen insurance industry and each segment and category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Yemeni insurance industry.

Assess the competitive dynamics in the Yemeni insurance industry.

Identify the growth opportunities and market dynamics in key segments.

Gain insights into key regulations governing the Yemeni insurance industry and their impact on companies and the industry's future.

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Key highlights

The Yemeni insurance industry is small in global terms, however it is competitive

The Yemeni insurance industry grew at a CAGR of 10.8% during the review period

Non-life insurance accounted for 66.6% of the industry's gross written premium in 2013

The personal accident and health segment accounted for 25.3% and grew at a review-period CAGR of 45.6%

Takaful insurance is rapidly gaining popularity in Yemen

The insurance industry of Yemen is supervised and regulated by the Ministry of Industry and Trade (MIT)

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