(MENAFNEditorial)
The report provides in-depth market analysis information and insights into the Ecuadorian life insurance segment including:
* The Ecuadorian life insurance segment's growth prospects by life insurance category
* Key trends drivers and challenges for the life insurance segment
* The various distribution channels in the Ecuadorian life insurance segment
* The detailed competitive landscape in the life insurance segment in Ecuador
* Detailed regulatory policies of the Ecuadorian insurance industry
* Analysis of various consumer segments in Ecuadorian life insurance
* Product portfolios of the leading life insurers
Report Highlights
* Ecuadorian life insurance segment's penetration is expected to reach XX.X% in 2018.
* The growth was primarily driven by rising middle-income group the growing aging population and mandatory social security contributions in the country.
* Group life insurance was the dominant sub-segment during the review period.
* Distribution channels in the Ecuadorian life segment expanded with the new business gross written premium rising at a review-period CAGR of XX.X%.
* Agencies and direct marketing were the primary contributors to the growth as the new gross written premium business generated by these channels grew strongly.
* Favorable demographics and increasing incomes of the working population are projected to increase demand for life insurance leading the segment to record a forecast-period CAGR of XX.X%.
Full Report Details at
- http://www.fastmr.com/prod/979140_life_insurance_in_ecuador_key_trends_and.aspx?afid=101
Report Scope
This report provides a comprehensive analysis of the life insurance segment in Ecuador:
* It provides historical values for the Ecuadorian life insurance segment 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 categories in the Ecuadorian life insurance segment along with market forecasts until 2018.
* It covers an exhaustive list of parameters including written premium incurred loss loss ratio commissions and expenses combined ratio frauds and crimes total assets total investment income and retentions.
* It analyses the various distribution channels for life insurance products in Ecuador.
* It profiles the top life insurance companies in Ecuador 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 Ecuadorian life insurance segment and each category within it.
* Understand the demand-side dynamics key market trends and growth opportunities in the Ecuadorian life insurance segment.
* Assess the competitive dynamics in the life insurance segment.
* Identify the 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.
Companies Mentioned in this Report: Seguros del Pichincha SA Equivida SA ACE Seguros SA Pan American Life Insurance Compania de Seguros Ecuatoriano-Suiza SA Seguros Sucre SA Liberty Seguros SA Colvida SA Coopseguros del Ecuador SA AIG Metropolitana Cia. de Seguros y Reaseguros SA"
Partial Table of Contents:
1 Key Facts and Events
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Ecuadorian Insurance Industry Attractiveness
4.1 Insurance Industry Size 2009-2018
5 Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Life Insurance Growth Prospects by Category
5.6 Individual Whole Life Insurance
5.7 Group Life Insurance
5.8 Life Insurance Growth Prospects by Customer Segment
5.8.1 Individual single-premium insurance
5.8.2 Individual non-single-premium insurance
5.8.3 Group single-premium insurance
5.8.4 Group non-single-premium insurance
5.9 Life Insurance Growth Prospects by Non-Linked Insurance Business
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-Commerce
6.5 Brokers
6.6 Other Channels
7 Governance Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Regulations by Type of Insurance
7.2.1 Life insurance regulations
7.2.2 Property insurance regulations
7.2.3 Motor insurance regulations
7.2.4 Marine aviation and transit insurance regulations
7.2.5 Personal accident and health insurance regulations
7.3 Compulsory Insurance
7.3.1 Traffic accident insurance (SOAT)
7.3.2 General insurance under the Social Security Act
7.3.3 Aviation insurance
7.4 Supervision and Control
7.4.1 International Association of Insurance Supervisors
7.4.2 Association of Insurance Supervisors Latin America
7.4.3 Superintendency of Banks and Insurance
7.5 Non-Admitted Insurance Regulations
7.5.1 Overview
7.5.2 Intermediaries
7.5.3 Market practices
7.5.4 Fines and penalties
7.6 Company Registration and Operations
7.6.1 Types of insurance organization
7.6.2 Establishing a local company
7.6.3 Foreign ownership
7.6.4 Types of license
7.6.5 Capital requirements
7.6.6 Solvency margins
7.6.7 Reserve requirements
7.6.8 Investment regulations
7.6.9 Statutory return requirements
7.6.10 Fee structure
7.7 Taxation
7.7.1 Insurance premium or policy taxation
7.7.2 Withholding taxes on premium paid overseas
7.7.3 Corporate tax
7.7.4 VAT
7.7.5 Captives
7.8 Legal System
7.8.1 Introduction
7.8.2 Access to court
7.8.3 Alternative dispute resolution (ADR)
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Ecuadorian Life segment
8.3 Leading Life Insures - Product Portfolios
8.4 Seguros del Pichincha SA - Company Overview
8.4.1 Seguros del Pichincha SA - key facts
8.4.2 Seguros del Pichincha SA - key financials
8.5 Equivida SA - Company Overview
8.5.1 Equivida SA - key facts
8.5.2 Equivida SA - key financials
8.6 ACE Seguros SA - Company Overview
8.6.1 ACE Seguros SA - key facts
8.6.2 ACE Seguros SA - key financials
8.7 Pan American Life Insurance - Company Overview
8.7.1 Pan American Life Insurance - key facts
8.7.2 Pan American Life Insurance - key financials
8.8 Compania de Seguros Ecuatoriano-Suiza SA - Company Overview
8.8.1 Compania de Seguros Ecuatoriano-Suiza SA - key facts
8.8.2 Compania de Seguros Ecuatoriano-Suiza SA - key financials
Full Table of Contents is available at:
-- http://www.fastmr.com/prod/979140_life_insurance_in_ecuador_key_trends_and.aspx?dt=t&afid=101
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