Market Research Reports, Inc. has announced the addition of “The Insurance Industry in Uruguay, Key Trends and Opportunities to 2017” research report to their offering. See more information visit - http://mrr.cm/Zkr

1. Category : Banking & Finance
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2. Introduction to Report
 Launch Date: February 5, 2014
 Number of Pages: 372
 Geography Coverage: Uruguay
 Available Format: PDF
Price For Single User License: USD 1,950
Price For Site License: USD 3,900
Price For Global User License: USD 5,850
Delivery Time: Within 24 Hours (During Working Days)
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3. About the Report
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 (US$1.1 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.
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4. Research Findings
The non-life segment accounted for 70.3% of the
industry’s gross written premium in 2012. Motor
insurance accounted for 42% of the segment’s 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
(US$0.13 billion) in 2012
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5. Research Findings Continues..
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)
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6. Scope
It provides historical values for the Uruguayan insurance
industry for the report’s 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.
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7. Report Coverage
1. Executive Summary
2. Introduction
3. Bulgarian Insurance Industry Attractiveness
4. Life Insurance Outlook
5. Analysis by Distribution Channel
6. Regulatory Policies
7. Porter’s Five Forces Analysis – Bulgarian Life Insurance
8. Reinsurance Growth Dynamics and Challenges
9. Competitive Landscape and Strategic Insights
10.Business Environment and Country Risk
11.Appendix
For more details regarding Report coverage see the last slide
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8. Company Coverage (Partial List)
For more details regarding company coverage and TOC see the last slide
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10. How To Buy This Report?
Visit following URL to see Table of Content and
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http://www.marketresearchreports.com/timetric/insuran
ce-industry-uruguay-key-trends-and-opportunities-2017
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