Reinsurance in Venezuela, Key Trends and Opportunities to 2016

Dallas, TX -- (SBWIRE) -- 11/28/2012 -- The Venezuelan reinsurance segment registered a CAGR of 35.5% during the review period, with growth in all insurance segments and widespread flooding in 2010 increasing demand for non-life insurance and reinsurance. Four specialized domestic reinsurance companies operate in Venezuela, all of which are owned by local business people. However, over the forecast period the number is expected to decrease to three as RIV is expected to cede its premium portfolio to Pro Re, its parent company and Venezuela’s largest reinsurer. Foreign reinsurance companies also operate in the country through branches. As in any other insurance industry, the demand for reinsurance in Venezuela depends on the growth of the primary insurance market and the risk of natural disasters. The Venezuelan reinsurance segment is led by facultative reinsurance.

- The report provides in depth market analysis, information and insights into the Venezuelan reinsurance market, including:
- The Venezuelan reinsurance market’s growth prospects by reinsurance categories
- The Venezuelan reinsurance market’s growth prospects by reinsurance ceded from direct insurance segments
- The competitive landscape in the Venezuelan reinsurance market

Scope
- This report provides a comprehensive analysis of the reinsurance market in Venezuela:
- It provides historic values for Venezuela’s reinsurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
- It offers a detailed analysis of the key sub-segments in Venezuela’s reinsurance market, along with market forecasts until 2016
- It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Venezuela and its growth prospects
- It profiles the top reinsurance companies in Venezuela

Key highlights
- The Venezuelan reinsurance segment registered a CAGR of 35.5% during the review period, with growth in all insurance segments and widespread flooding in 2010 increasing demand for non-life insurance and reinsurance.
- Four specialized domestic reinsurance companies operate in Venezuela, all of which are owned by local business people.
- However, over the forecast period the number is expected to decrease to three as RIV is expected to cede its premium portfolio to Pro Re, its parent company and Venezuela’s largest reinsurer.
- Foreign reinsurance companies also operate in the country through branches.
- As in any other insurance industry, the demand for reinsurance in Venezuela depends on the growth of the primary insurance market and the risk of natural disasters.
- The Venezuelan reinsurance segment is led by facultative reinsurance.

Reasons to buy
- Make strategic business decisions using in depth historic and forecast market data related to the Venezuelan reinsurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan reinsurance market
- Assess the competitive dynamics in the reinsurance market
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Venezuelan insurance market and its impact on companies and the market's future

Buy your copy of this report @ http://www.reportsnreports.com/reports/207058-reinsurance-in-venezuela-key-trends-and-opportunities-to-2016.html .Contact sales@reportsandreports.com for further information.