Non-Life Insurance in Ecuador, Key Trends and Opportunities to 2021
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
GlobalData’s 'Non-Life Insurance in Ecuador, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Ecuadorian non-life insurance segment, and a comparison of the Ecuadorian insurance industry with its regional counterparts.
It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2012–2016) and forecast period (2016–2021).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Ecuadorian economy and demographics, explains the various types of natural hazard and their impact on the Ecuadorian insurance industry, and provides detailed information on the competitive landscape in the country.
The report brings together GlobalData’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 the regulatory structure.
Scope
This report provides a comprehensive analysis of the non-life insurance segment in Ecuador:
• It provides historical values for the Ecuadorian non-life insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
• It offers a detailed analysis of the key categories in the Ecuadorian non-life insurance segment, and market forecasts to 2021.
• It provides a comparison of the Ecuadorian non-life insurance segment with its regional counterparts
• It analyzes the various distribution channels for non-life insurance products in Ecuador.
• It analyzes various natural hazards and their impact on the Ecuadorian insurance industry
• It profiles the top non-life insurance companies in Ecuador, and outlines the key regulations affecting them.
Key Highlights
• Ecuadorian non-life segment is concentrated, with the 10 leading insurers accounting for 73.8% of the segment’s direct written premium in 2016.
• Property insurance was the leading non-life insurance category during the review period.
• The increase in car theft prompted an increase in the demand for motor insurance during the review period.
• The liability category has significant untapped potential in Ecuador, but requires government support and business opportunities to increase its market share.
Reasons to Buy
• Make strategic business decisions using in-depth historic and forecast market data related to the Ecuadorian non-life insurance segment, and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Ecuadorian non-life insurance segment.
• Assess the competitive dynamics in the non-life insurance segment.
• Identify growth opportunities and market dynamics in key product categories.
• Gain insights into key regulations governing the Ecuadorian insurance industry, and their impact on companies and the industry's future.
Seguros Equinoccial
QBE Seguros Colonial SA
Chubb Seguros Ecuador SA
Aseguradora Del Sur CA
AIG Metropolitana Cia. De Seguros Y Reaseguros SA
Seguros Rocafuerte
Liberty Seguros SA
Mapfre Atlas Compania de Seguros SA
Ecuatoriano-Suiza SA
Table of Contents
Table
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.