MarketResearchReports.Biz announces addition of new report “Insurance Industry in Palau, Key Trends and Opportunities to 2017” to its database
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The report provides in depth
industry analysis, information and insights into the insurance industry in
Palau, including:
- The Palauan insurance industry’s growth prospects by insurance segments and sub-segments
- The current trends and drivers of the Palauan insurance industry
- The challenges facing the Palauan insurance industry
- The regulatory framework of the Palauan insurance industry
Executive summary
Palau is one of the smallest
countries in the world with a population of 21,032 in 2012. The combination of
several factors such as geographical isolation, scarcity of natural resources,
lack of proper infrastructure and less experienced professionals is hindering
the growth of the insurance industry in the country. However, the Palauan
economy witnessed healthy growth during the review period. GDP at current
prices grew at a CAGR of 7.1% during the review period, boosting the growth of
the insurance industry. The insurance industry grew in terms of gross written
premiums at a CAGR of 7.7% during the review period. Despite recording such
healthy growth, insurance penetration remains very low.
To
Read the Complete Report with TOC Visit:
http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-palau-key-trends-and-opportunities-to-2017
Scope
This report provides a comprehensive
analysis of the insurance industry in Palau:
- It provides historical values for the Palauan insurance industry for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
- It offers a detailed analysis of the key segments and sub-segments in the Palauan insurance industry, along with forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Palau and outlines the key regulations affecting them
Key highlights
- Palau, an island country situated in the Pacific Ocean, is one of the smallest sovereign states in the world. The country‘s GDP at current prices witnessed an annual growth of 7.1% during the review period
- Life insurance remained the most popular segment in the Palauan insurance industry during the review period
- Despite recording healthy growth, insurance penetration remains very low
- Palauan insurers have a high retention ratio, especially in the case of life insurance, which demonstrates their strong in-house underwriting capabilities
- Various constraints such as a small population, geographical isolation, unavailability of expertise and skill sets, a lack of natural resources and proper infrastructure restricted the growth of the insurance industry
To
Buy The Copy of This Report Visit:
http://www.marketresearchreports.biz/analysis/167877
Reasons to buy
- Make strategic business decisions using in depth historic and forecast industry data related to the Palauan insurance industry and each segment within it
- Understand the demand-side dynamics, key trends and growth opportunities within the Palauan insurance industry
- Assess the competitive dynamics in the Palauan insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Palauan insurance industry and its impact on companies and the industry's future
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
Website: http://www.marketresearchreports.biz/
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