Life Insurance in Colombia, Key Trends and Opportunities to 2019 - New Market Study Published

Fast Market Research announces the availability of the new Timetric report, "Life Insurance in Colombia, Key Trends and Opportunities to 2019", on their comprehensive research portal

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Boston, MA -- (SBWire) -- 11/10/2015 --Timetric's 'Life Insurance in Colombia, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Colombian life insurance segment, including:

-The Colombian life insurance segment's growth prospects by life insurance category
-Key trends, drivers and challenges for the life insurance segment
-A comprehensive overview of the Colombian economy and demographics
-The various distribution channels in the Colombian life insurance segment
-Details of the competitive landscape in the life insurance segment in Colombia
-Details of regulatory policy applicable to the Colombian insurance industry

Get More Details on this Report and a Full Table of Contents at Life Insurance in Colombia, Key Trends and Opportunities to 2019

Report Highlights

-The Colombian life insurance segment recorded a CAGR of 13.0% in terms of gross written premium during the review period in 2014.
-The segment's performance was attributed to regulatory changes and the industry's premium growth, the strong performance of the pension insurance category and the developing group life insurance business.
-Penetration rates in the Colombian life insurance segment grew during the review period, primarily due to rising consumer awareness with regards to life insurance products. However, this figure is comparatively low when compared with other Latin American countries.
-Unlike other Latin American countries, the Colombian life insurance segment was primarily dominated by group life insurance products.
-The segment's financial outlook is expected to remain stable due to the conservative investment approach adopted by life insurers.

Report Scope

This report provides a comprehensive analysis of the life insurance segment in Colombia:

-It provides historical values for the Colombian life insurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.
-It offers a detailed analysis of the key categories in the Colombian life insurance segment, along with market forecasts until 2019.
-It analyses the various distribution channels for life insurance products in Colombia.
-It profiles the top life insurance companies in Colombia and outlines the key regulations affecting them.

Reasons to Get this Report

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

Companies Mentioned in this Report: Suramericana de Seguros de Vida SA, Seguros de Vida Alfa SA, Mapfre Colombia Vida Seguros SA, Seguros de Riesgos Profesionales Suramericana, Positiva Compania de Seguros SA, Compania de Seguros Bolivar SA, Axa Colpatria Seguros De Vida SA, Riesgos Profesionales Colmena SA, BBVA Seguros de Vida Colombia SA, La Equidad Seguros de Vida

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Director of Marketing
Fast Market Research, Inc.
800-844-8156
http://www.fastmr.com

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