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Sector Analysis
Saint Lucia Insurance Industry – Key Trends and Opportunities to 2027
Saint Lucia Insurance Industry Report Overview The total gross written premium (GWP) in the Saint Lucia insurance industry was XCD264.5 million in 2022 is expected to record a CAGR of more than 5% during 2023-2027. Saint Lucia’s economy is driven by tourism. A rebound in the tourism sector resulted in real GDP growth of 15.9% in 2022. Tax revenue from higher commodity prices has also driven growth. The services sector accounted for 85% of gross value added in 2022. However,...
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Sector Analysis
The Insurance Industry in Saint Lucia, Key Trends and Opportunities to 2022
GlobalData’s "The Insurance Industry in Saint Lucia, Key Trends and Opportunities to 2022" report provides detailed analysis of the market trends, drivers and challenges in the Saint Lucian insurance industry. It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Saint Lucian economy and demographics, and provides detailed information on the competitive landscape in...