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ReportsnReports.com adds Key Trends and Opportunities to 2016 on Peru Life Insurance and Non-Life Insurance market to its store.
Dallas, Texas (PRWEB) November 26, 2012
The Peruvian life insurance segment accounted for the largest share of written premiums in the overall insurance industry in 2011. The written premium of the Peru life insurance segment recorded a CAGR of 20.9% during the review period. The increase was partially due to strong economic fundamentals, a rise in consumer awareness about life insurance products and stable investment income. The growth was further attributed to an increase in life expectancy and the increased demand for pension insurance products. The pension category accounted for the largest proportion of the segment’s total written premiums in 2011. These factors are also expected to support segmental growth over the forecast period.
The Peru non-life insurance segment is among the fastest growing in the Latin American region. The segment accounted for a 43.3% share of the overall insurance industry’s written premium in 2011. The written premium increased at a CAGR of 16.9% during the review period (2007–2011). This growth results from increased vehicle sales, construction industry growth, rising property prices, increased demand from overseas property investors, and government initiatives to provide insurance coverage to farmers for catastrophe losses. There was also healthy development in the Peruvian economy following the global financial crisis, increased annual disposable income and improved employment rates.
The report provides in depth market analysis, information and insights into the Peruvian life insurance and non-life insurance market, including:
This report provides a comprehensive analysis of the life insurance and non-life insurance market in Peru:
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Major Company Over View for Life Insurance and Non-Life Insurance Market
1. Rimac Seguros
2. El Pacífico Peruano Suiza
3. Invita Seguros
4. Interseguro Compania
5. La Positiva Vida
6. Mapfre Perú Vida
7. Protecta SA Cia De Seguros
8. Ace Seguros SA
9. Cardif Del Perú SA
10. Secrex Cia Seguros Credito (Non-Life Insurance Market)
11. Insur SA Compania de Seguros (Non-Life Insurance Market)
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