Synopsis
Reinsurance plays a major role in the Chilean insurance industry, especially for catastrophe exposure, as domestic insurers do not generally have the capital to mitigate these risks. The Chilean reinsurance segment is open to foreign insurers, as there is a negligible number of locally established reinsurers in the country. Non-life insurers cede the largest proportion of premium to reinsurers, while facultative reinsurance was the leading reinsurance category, contributing 60.1% of the segment’s gross written premium in 2013.
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The high participation of reinsurers is projected to continue over the forecast period (2013–2018), due to the high catastrophic risk underlying the country. The increasing awareness of insurers is further expected to support the segment’s growth, which is projected to rise at a forecast-period compound annual growth rate (CAGR) of 11.0% to value CLP47.6 billion (US$95.2 million) by 2018.
Summary
The report provides in-depth market analysis, information and insights into the Chilean reinsurance segment, including:
• The Chilean reinsurance segment's growth prospects by reinsurance category
• Key trends and drivers for the reinsurance segment
• Chilean reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
• The competitive landscape in the Chilean reinsurance segment
Scope
This report provides a comprehensive analysis of the reinsurance segment in Chile :
• It provides historical values for Chile ’s reinsurance 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 Chile’s reinsurance segment, along with market forecasts until 2018.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Chile and its growth prospects.
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For More Information, Visit http://www.radiantinsights.com
Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Reinsurance plays a major role in the Chilean insurance industry, especially for catastrophe exposure, as domestic insurers do not generally have the capital to mitigate these risks. The Chilean reinsurance segment is open to foreign insurers, as there is a negligible number of locally established reinsurers in the country. Non-life insurers cede the largest proportion of premium to reinsurers, while facultative reinsurance was the leading reinsurance category, contributing 60.1% of the segment’s gross written premium in 2013.
To Get Complete Report @ http://www.radiantinsights.com/research/reinsurance-in-chile-key-trends-and-opportunities#tabs-1
The high participation of reinsurers is projected to continue over the forecast period (2013–2018), due to the high catastrophic risk underlying the country. The increasing awareness of insurers is further expected to support the segment’s growth, which is projected to rise at a forecast-period compound annual growth rate (CAGR) of 11.0% to value CLP47.6 billion (US$95.2 million) by 2018.
Summary
The report provides in-depth market analysis, information and insights into the Chilean reinsurance segment, including:
• The Chilean reinsurance segment's growth prospects by reinsurance category
• Key trends and drivers for the reinsurance segment
• Chilean reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
• The competitive landscape in the Chilean reinsurance segment
Scope
This report provides a comprehensive analysis of the reinsurance segment in Chile :
• It provides historical values for Chile ’s reinsurance 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 Chile’s reinsurance segment, along with market forecasts until 2018.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Chile and its growth prospects.
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For More Information, Visit http://www.radiantinsights.com
Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
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