Insurance Industry in Uruguay 2017

1
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017byTimetric

• Explore all reports for Insurance market
• _at_
• http//www.rnrmarketresearch.com/reports/business-
  financial-services/financial-services/insurance-fi
  nancial-services .

2
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017

• Unlike most Latin American countries, Uruguay was
  able to avoid recession during 2008-2009, with
  GDP rising by 2.9 in 2009. The gross written
  premium of the insurance industry registered a
  CAGR of 18.9 to value UYU21.6 billion (US1.1
  billion) in 2012. The penetration rate of the
  industry also rose, from 1.7 in 2008 to 2.2 in
  2012. The industry is very competitive, and since
  its liberalization in 1993 the number of private
  insurance companies has increased there were 16
  insurers operating in the insurance industry in
  2012. Nonetheless, state-owned insurer Banco de
  Seguros del Estado (BSE) continued to lead the
  industry with a 69.3 share of gross written
  premium in 2012.

3
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017

• Scope
• This report provides a comprehensive analysis of
  the insurance industry in Uruguay
• ?It provides historical values for the Uruguayan
  insurance industry for the reports 2008-2012
  review period and expected figures for the
  2012-2017 forecast period.
• ?It offers a detailed analysis of the key
  segments and categories in the Uruguayan
  insurance industry, along with forecasts until
  2017.
• ?It covers an exhaustive list of parameters,
  including written premium, incurred loss, loss
  ratio, commissions and expenses, combined ratio,
  total assets, total investment income and
  retentions.
• ?It profiles the top insurance companies in
  Uruguay, and outlines the key regulations
  affecting them.
• Complete report available _at_ http//www.rnrmarketre
  search.com/the-insurance-industry-in-uruguay-key-t
  rends-and-opportunities-to-2017-market-report.html
  .

4
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017

• Reasons To Buy
• ?Make strategic business decisions using in-depth
  historic and forecast industry data related to
  the Uruguayan insurance industry and each segment
  within it.
• ?Understand the demand-side dynamics, key trends
  and growth opportunities within the Uruguayan
  insurance industry.
• ?Assess the competitive dynamics in the Uruguayan
  insurance industry.
• ?Identify the growth opportunities and market
  dynamics within key segments.
• ?Gain insights into key regulations governing the
  Uruguayan insurance industry and its impact on
  companies and the industrys future.

5
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017

• Key Highlights
• ?The non-life segment accounted for 70.3 of the
  industrys gross written premium in 2012. Motor
  insurance accounted for 42 of the segments
  gross written premium in 2012, followed by
  general liability insurance with 38.5
• ?The life segment registered the fastest CAGR of
  26.7 during the review period, as a result of an
  increase in demand for pension products which
  recorded a CAGR of 37 with a gross written
  premium of UYU2.8 billion (US0.13 billion) in
  2012
• ?There were 16 insurers operating in the
  insurance industry in 2012. Nonetheless,
  state-owned insurer Banco de Seguros del Estado
  (BSE) continued to lead the industry with a 69.3
  share of gross written premium in 2012
• ?Unlike most Latin American countries, Uruguay
  was able to avoid recession during 2008-2009,
  with GDP rising by 2.9 in 2009
• ?Stable economic growth, expanding tourism and
  rising disposable income will act as major
  drivers over the forecast period (2012-2017)

6
The Insurance Industry in Uruguay, Key Trends and
Opportunities to 2017

• For more details contact Mr. Priyank Tiwari
  sales_at_rnrmarketresearch.com / 18883915441

RnR Market Research RnRMarketResearch.com, an
online repository of market  research reports,
offers in-depth analysis of over 5000 market
segments. RnR  Market Research library has
syndicated reports by leading market research 
publishers across the globe.