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Report Name:The Insurance Industry in the Bahamas, Key Trends and Opportunities to 2018
Issue Date:April 2015
Brief:Timetric's 'The Insurance Industry in the Bahamas, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Bahamian insurance industry, including:

• The Bahamian insurance industry's growth prospects by segment and category

• Key trends, drivers and challenges in the Bahamian insurance industry

• The detailed competitive landscape in the Bahamian insurance industry

• Detailed regulatory policies of the Bahamian insurance industry
Scope:This report provides a comprehensive analysis of the insurance industry in the Bahamas: • It provides historical values for the Bahamian 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 Bahamian 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 the Bahamas and outlines the key regulations affecting them.
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Key Highlights:• The Bahamian insurance industry grew in terms of gross written premium at a review-period CAGR of 2.8%. • The non-life segment accounted for a 46.1% of the industry’s gross written premium in 2013. • The Bahamian insurance penetration stood at 7.4% in 2013. • Over the forecast period, stable growth in compulsory insurance classes, as well as infrastructure and tourism development will support the growth of the non-life segment. • The insurance industry in the Bahamas is regulated by the Insurance Commission of The Bahamas (ICB). • As on January 1, 2015, the industry had 12 life and 16 general insurers with a combination of both domestic and foreign insurers.
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Reasons To Buy:• Make strategic business decisions using in-depth historic and forecast market data related to the Bahamian insurance industry and each segment and category within it. • Understand the demand-side dynamics, key market trends and growth opportunities in the Bahamian insurance industry. • Assess the competitive dynamics in the Bahamian insurance industry. • Identify the growth opportunities and market dynamics in key segments. • Gain insights into key regulations governing the Bahamian insurance industry and their impact on companies and the industry's future.
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