The non-life segment is the second-largest in the industry, accounting for 31.8% of its gross written premium in 2013. The segment's outlook is bright due to a steady increase in public and private sector investments as a result of a growing middle class, surplus natural resources and investments for the 2014 Fifa World Cup and 2016 Olympic Games. The low non-life insurance penetration rate of 1.1% in 2012 also makes Brazil an attractive market.
Report Highlights
* The non-life segment is the second largest in the Brazilian insurance industry, accounting for 31.8% of its gross written premium in 2013.
* Motor insurance accounted for over half of the gross written premium registered by the non-life segment in 2013.
* The rising culture of entrepreneurship, the increasing prominence of small businesses and the growing global requirements of established businesses are also driving demand for non-life products.
* The energy sector offers opportunities for the segment; the country's oil output is expected to increase from around 2.8 million barrels per day in 2012 to 6 million by 2035.
* The non-life insurance segment in Brazil is fragmented, with the 10 leading companies accounting for 59.8% of the segment's total gross written premium in 2013.
Full Report Details at
- http://www.fastmr.com/prod/861614_nonlife_insurance_in_brazil_key_trends_and.aspx?afid=101
Report Scope
This report provides a comprehensive analysis of the non-life insurance segment in Brazil:
* It provides historical values for Brazil's non-life insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
* It offers a detailed analysis of the key categiories in Brazil's non-life insurance segment, along with market forecasts until 2018.
* It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
* It analyses the various distribution channels for non-life insurance products in Brazil.
* Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Brazil for the non-life insurance segment.
* It provides a detailed analysis of the reinsurance segment in Brazil and its growth prospects.
* It profiles the top non-life insurance companies in Brazil and outlines the key regulations affecting them.
Reasons to Get this Report
* Make strategic business decisions using in depth historic and forecast market data related to the Brazilian non-life insurance segment and each category within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian non-life insurance segment
* Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
* Identify the growth opportunities and market dynamics within key product categories
* Gain insights into key regulations governing the Brazilian insurance industry and its impact on companies and the market's future
Companies Mentioned in this Report: Porto Seguro Cia de Seguros Gerais, Mapfre Seguros Gerais SA, Bradesco Auto/Re Companhia de Seguros, Itau Seguros SA, Sul America Companhia Nacional de Seguros, Allianz Seguros SA, Itau Seguros de Auto e Residencia SA, HDI Seguros SA, Caixa Seguradora SA, Tokio Marine Seguradora SA
Partial Table of Contents:
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Non-Life Insurance - Regional Benchmarking
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Non-life insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 Brazilian Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2009-2018
5.2 Key Industry Trends and Drivers
5.3 Challenges
5.4 Recent Market Developments
6 Non-Life Insurance Outlook
6.1 Consumer Segmentation and Buying Behavior
6.2 Product and Marketing Strategies
6.3 Non-Life Insurance Growth Prospects by Category
6.4 Property Insurance
6.4.1 Fire and allied perils insurance
6.4.2 Engineering insurance
6.4.3 Agriculture insurance
6.4.4 Other property insurance
6.5 Motor insurance
6.5.1 Motor hull insurance
6.5.2 Motor third-party Insurance
6.6 Liability Insurance
6.6.1 Directors' and officers' liability insurance
6.6.2 Professional liability insurance
6.6.3 Environmental or hazardous material risk insurance
6.6.4 Other liability insurance
6.7 Marine, Aviation and Transit Insurance
6.7.1 Marine insurance
6.7.2 Marine hull insurance
6.7.3 Marine liability
6.7.4 Aviation insurance
6.7.5 Aviation hull insurance
6.7.6 Aviation liability insurance
6.7.7 Transit insurance
7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 E-Commerce
7.4 Brokers
7.5 Other Channels
8 Porter's Five Forces Analysis - Brazilian Non-Life Insurance Market
8.1 Bargaining Power of Suppliers: Medium
8.2 Bargaining Power of Buyers: Medium to High
8.3 Barriers to Entry: Low
8.4 Intensity of Rivalry: High
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2009-2018
9.2 Reinsurance Segment Size by Type of Insurance, 2009-2018
10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Regulations by Type of Insurance
10.2.1 Life insurance regulations
10.2.2 Property insurance regulations
10.2.3 Motor insurance regulations
10.2.4 Marine, aviation and transit insurance regulations
10.2.5 Personal accident and health insurance regulations
10.3 Compulsory Insurance
10.3.1 Motor third-party liability insurance (DPVAT)
10.3.2 Insurance for personal injury caused by ships or cargos (DPEM)
10.3.3 Domestic credit insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors
10.4.2 Association of Insurance Supervisors Latin America
10.4.3 Superintendent of Private Insurance (SUSEP)
10.4.4 National Private Insurance Council
10.5 Non-Admitted Insurance Regulations
10.5.1 Overview
10.5.2 Intermediaries
Full Table of Contents is available at:
-- http://www.fastmr.com/prod/861614_nonlife_insurance_in_brazil_key_trends_and.aspx?dt=t&afid=101
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