Albany, NY -- (SBWIRE) -- 04/13/2015 -- Synopsis

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

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

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Executive summary

Timetric's ' The Insurance Industry in Kyrgyzstan, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Kyrgyzstani 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 analyzes 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 Kyrgyzstan:

It provides historical values for the Kyrgyzstani 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 Kyrgyzstani 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 Kyrgyzstan 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 Kyrgyzstani insurance industry and each segment and category within it.

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

Assess the competitive dynamics in the Kyrgyzstani insurance industry.

Identify the growth opportunities and market dynamics in key segments.

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

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Key highlights

The Kyrgyzstani insurance industry grew in terms of gross written premium at a review-period CAGR of 19.3%.
The Government initiative to establish the country's first reinsurance company will protect the industry.
The non-life segment accounted for a 93.2% of the industry's gross written premium in 2013.
Kyrgyzstani insurance penetration stood at 0.3% in 2013, while Kazakhstan had 0.65% and Uzbekistan had 0.50%.
The investment opportunities are set to grow owing to Infrastructure development, mining industry and regulatory reforms.
The insurance industry in Kyrgyzstan is regulated by the Financial Services Authority (FSA).
As of 2014, there were 17 insurance companies operating in the country.

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