Insurance
Industry In Panama , Ukraine & Morocco , Key Trends and Opportunities 2013
- 2017
To Read the Complete
Report with TOC Visit In Panama: http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-panama-key-trends-and-opportunities-to-2017
The
report provides in depth market analysis, information and insights into the
insurance industry in Panama, including:
- The Panama insurance industry’s growth prospects by insurance segments and categories
- The competitive landscape in Panama's insurance industry
- The current trends and drivers of Panama's insurance industry
- The challenges facing Panama's insurance industry
- The regulatory framework of Panama's insurance industry
Executive
summary
Panama’s
insurance industry is the one of the largest in Central America. Since 2004,
the country has recorded economic growth and maintained a stable political
environment, which helped the growth of the insurance industry. The country is
also among the largest recipients of foreign direct investment (FDI) in Latin
America. Panama’s economic growth is centered upon the Panama Canal which links
the Atlantic and Pacific Oceans and serves as a key intersection for global
trade. An expansion plan for the Panama Canal, considered to be one of the
largest infrastructure projects in the world, is expected to positively impact
on Panama’s economy and insurance industry. The country’s insurance industry is
highly concentrated.
To
Read the Complete Report with TOC Visit In Ukraine: http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-ukraine-key-trends-and-opportunities-to-2017
The
report provides in depth industry analysis, information and insights into the
insurance industry in Ukraine, including:
- The Ukrainian insurance industry’s growth prospects by insurance segments and sub-segments
- The competitive landscape in the Ukrainian insurance industry
- The current trends and drivers of the Ukrainian insurance industry
- The challenges facing the Ukrainian insurance industry
- Detailed regulatory framework of the Ukrainian insurance industry
- Regional benchmarking analysis of Ukrainian insurance segments
Executive
summary
Ukrainian
GDP growth fell from 5.2% in 2011 to 2.5% in 2012. A decline in exports and
economic uncertainty due to the eurozone debt crisis were considered the key
reasons behind the fall. Subdued economic conditions had an adverse impact on
the country’s insurance industry, which declined at a CAGR of -2.7% during the
review period (2008–2012). The industry has undergone key structural and
legislative changes since coming in to existence in 1991. The main structural
changes include a decline in the number of insurance companies from 700 in 1992
to 414 in 2012, while on the legislative front, foreign insurers are now
permitted to directly participate in the industry by opening offices in
Ukraine.
To
Read the Complete Report with TOC Visit In Morocco: http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-morocco-key-trends-and-opportunities-to-2017
The
report provides in depth industry analysis, information and insights of the
insurance industry in Morocco, including:
- The Moroccan insurance industry’s growth prospects by insurance segments and sub-segments
- The competitive landscape in the Moroccan insurance industry
- The current trends and drivers of the Moroccan insurance industry
- The challenges facing the Moroccan insurance industry
- The regulatory framework of the Moroccan insurance industry
Executive
summary
The
Moroccan insurance industry is one of the largest in the Arab region and the
second-largest in Africa. Insurance penetration stood at 3.1% in 2012, while
the premium per capita stood at MAD788.7 in the same year. Despite social
unrest, low income levels, high urban unemployment and high poverty in rural
areas, Morocco’s insurance industry penetration was among the highest in the
region in 2012. The industry grew at a CAGR of 6.8% during the review period.
This
growth was partly driven by favorable government strategies to expand the
insurance industry, including compulsory provisions such as compulsory
third-party motor insurance and the implementation of other favorable
provisions such as the Contrat Programme in 2011. Growth was further supported
by economic development, the expanding mortgage market, growth in the travel
and tourism industry and the introduction of the bancassurance channel.
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