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The Insurance Industry in El Salvador, Key Trends and Opportunities to 2018


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Market Research Reports, Inc. has announced the addition of “The Insurance Industry in El Salvador, Key Trends and Opportunities to 2018” research report to their offering. See more at-

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The Insurance Industry in El Salvador, Key Trends and Opportunities to 2018

  1. 1. Category : Banking & Finance All logos and Images mentioned on this slide belong to their respective owners.
  2. 2. Introduction to Report  Launch Date: August 26, 2014  Number of Pages: 142  Geography Coverage: El Salvador  Available Format: PDF Price For Single User License: USD 1,950 Price For Site User License: USD 3,900 Price For Global User License: USD 5,850 Delivery Time: Within 24 Hours (During Working Days)
  3. 3. About the Report El Salvador is one of the most competitive insurance industries in the Central American Region, with 21 insurance companies operating as of 2012. However in terms of its market size, the country stood fourth after Panama, Costa Rica and Guatemala. The Salvadoran insurance industry grew at a compound annual growth rate (CAGR) of 4.1% during the review period (2009−2013), and is expected to post a CAGR of 3.4% over the forecast period.
  4. 4. Key Highlights he main growth drivers are expected to be the implementation of the new health insurance law which will bring down medicine prices, the efficient regulatory system and the recovery of the Salvadoran economy. El Salvador has one of the most regulated insurance industries in the Central American Region. In 2013, the Salvadoran government enacted several favorable legislations, such as the approval of new regulations for medication, which are expected to support the growth of health insurance category over the forecast period.
  5. 5. Key Highlights Continues… The Salvadoran insurance industry comprised 21 insurance companies as of 2012. The insurance penetration rate is comparatively lower in El Salvador compared to other Central American countries such as Honduras and Costa Rica. The Salvadoran economy exports 40% of its goods and services to the US, indicating that the country is highly vulnerable to its economic conditions. The insurance industry’s regulatory system is considered to be one of the most regulated in the Central American Region.
  6. 6. Key Highlights Continues… To meet the growing and changing demand for insurance, companies are introducing a number of options to attract and gain a market share across all insurance categories. The overall insurance industry is moderately concentrated, with the top five companies representing a share of 57.6% of the total insurance market in 2012, in terms of gross written premium.
  7. 7. Scope It provides historical values for the Salvadoran insurance industry 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 segments and categories in the Salvadoran insurance industry, along with forecasts until 2018. 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 El Salvador, and outlines the key regulations affecting them.
  8. 8. Report Coverage 1. Executive Summary 2. Introduction 3. Salvadoran Insurance Industry Overview 4. Industry Segmentation 5. Governance, Risk and Compliance 6. Competitive Landscape 7. Macroeconomic Indicators 8. Appendix
  9. 9. Company Coverage 1. Aseguradora Agrícola Comercial SA 2. Asesuisa Vida SA, Seguros De Personas 3. La Centro Americana SA 4. Aseguradora Suiza Salvadoreña SA 5. AIG Vida SA, Seguros De Personas
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  11. 11. How To Buy This Report? Visit following URL to see Table of Content and purchase this publication: About Market Research Reports, Inc. Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”. Contact : Amitava Sen Email : Phone: +1 302-703-7787 (USA) +91-8762746600 (India)