The Insurance Industry in the Central African Republic Key Trends and Opportunities to 2020
LONDON, Aug. 4, 2016 /PRNewswire/ -- Synopsis
Timetric's 'The Insurance Industry in the Central African Republic, Key Trends and Opportunities to 2020' report provides a detailed analysis of the Central African Republic insurance industry.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011–2015) and forecast periods (2015–2020).
The report also gives a comprehensive overview of the Central African Republic economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes the impact of natural and man-made hazards on the insurance industry.
The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations and recent changes in the regulatory structure.
Summary
Timetric's 'The Insurance Industry in the Central African Republic, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Central African Republic insurance industry, including:
- An overview of the Central African Republic insurance industry
- The Central African Republic insurance industry's growth prospects by segment and category
- A comprehensive overview of the Central African Republic economy and demographics
- The detailed competitive landscape in the Central African Republic insurance industry
- Detailed regulatory policies of the Central African Republic insurance industry
- Analysis of natural hazards in the Central African Republic insurance industry
Scope
This report provides a comprehensive analysis of the insurance industry in the Central African Republic:
- It provides historical values for the Central African Republic insurance industry for the report's 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
- It offers a detailed analysis of the key segments in the Central African Republic insurance industry, with market forecasts to 2020.
- 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 Central African Republic, and outlines the key regulations affecting them.
- It covers the economy and demographics structure of the Central African Republic.
- It analyzes the impact of natural and man-made hazards in the Central African Republic insurance industry.
Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Central African Republic insurance industry and each segment and category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Central African Republic insurance industry.
- Assess the competitive dynamics in the Central African Republic insurance industry.
- Identify the growth opportunities and market dynamics in key segments.
- Gain insights into key regulations governing the Central African Republic insurance industry and their impact on companies and the industry's future.
Key Highlights
- The CAR insurance industry is small, with just two companies serving a population of 4.9 million as of 2015.
- Momentum in the economy, an increase in life expectancy and developing insurance products to cater to the low-income rural population is expected to drive the segment over the forecast period.
- In terms of frequency, floods accounted for 60.9% of all natural hazards in the country, followed by storms with 30.4% and wildfires with 8.7%.
- As of 2014, the industry was led by Sunu Assurances, with a market share of 52.2% in terms of gross written premium.
- The CAR economy largely depends on agriculture, forestry and mining, with 60.0% of the population living in rural areas.
- According to the World Health Organization, CAR has some of the worst global health indicators. In 2013, for instance, the country had the third-highest maternal mortality and the sixth-highest child mortalities in the world.
Download the full report: https://www.reportbuyer.com/product/4035084/
About Reportbuyer
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Sarah Smith
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Email: [email protected]
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Website: www.reportbuyer.com
SOURCE ReportBuyer
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