The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017

Synopsis
The report provides in depth industry an...
which is authorized by the Ministry of Finance to administer, supervise and regulate the Tunisian insurance
industry The T...
5.3.1 Third-party Automobile Insurance
5.3.2 Work Accident Insurance
5.3.3 Shipping, Air And Land Goods Import Insurance
5...
7 Macroeconomic Indicators
7.1 Market Capitalization Trend - Tunisia Stock Exchange
7.2 Gdp At Constant Prices (us$)
7.3 G...
The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017
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The insurance industry in tunisia, key trends and opportunities to 2017

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The report provides in depth industry analysis, information and insights into the insurance industry in Tunisia, including:

The Tunisian insurance industry’s growth prospects by insurance segments and sub-segments
The competitive landscape in the Tunisian insurance industry
The current trends and drivers of the Tunisian insurance industry
The challenges facing the Tunisian insurance industry
The regulatory framework of the Tunisian insurance industry

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The insurance industry in tunisia, key trends and opportunities to 2017

  1. 1. The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017 Synopsis The report provides in depth industry analysis, information and insights into the insurance industry in Tunisia, including: The Tunisian insurance industry’s growth prospects by insurance segments and sub-segments The competitive landscape in the Tunisian insurance industry The current trends and drivers of the Tunisian insurance industry The challenges facing the Tunisian insurance industry The regulatory framework of the Tunisian insurance industry Executive summary In terms of the MENA region as a whole, the Tunisian insurance industry is relatively small. However, the financial crisis and Tunisian revolution of 2011 did not have any significant impact on the country’s financial services sector. The main reason for this was the country's limited economic participation in a global sense. The Tunisian insurance industry is dominated by the non-life insurance segment, which accounted for 69.6% of the industry’s written premium in 2012. Segment growth was driven by a favorable regulatory framework, as insurance classes such as motor third-party liability, professional liability and work accident insurance are compulsory. In written premium value terms, the industry grew from TND955.7 million (US$775.1 million) in 2008 to TND1.2 billion (US$790.3 million) in 2012, recording a review-period (2008−2012) CAGR of 6.6%. Scope This report provides a comprehensive analysis of the insurance industry in Tunisia: It provides historical values for the Tunisian insurance industry for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period It offers a detailed analysis of the key segments and sub-segments in the Tunisian insurance industry, along with forecasts until 2017 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 Tunisia and outlines the key regulations affecting them Reasons to buy Make strategic business decisions using in depth historic and forecast industry data related to the Tunisian insurance industry and each segment within it Understand the demand-side dynamics, key trends and growth opportunities within the Tunisian insurance industry Assess the competitive dynamics in the Tunisian insurance industry Identify the growth opportunities and market dynamics within key segments Gain insights into key regulations governing the Tunisian insurance industry and its impact on companies and the industry's future Key highlights The Tunisian insurance industry grew in terms of written premium value, from TND955.7 million (US$775.1 million) in 2008 to TND1.2 billion (US$790.3 million) in 2012, representative of a review-period CAGR of 6.6% Insurance penetration remains low when compared to other countries in the region and stood at 1.7% in 2012, as compared to 3.5% in Morocco The new FDI legislation is likely to strengthen the Tunisian insurance industry The Tunisian insurance industry is regulated by the General Insurance Committee (CGA), The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017
  2. 2. which is authorized by the Ministry of Finance to administer, supervise and regulate the Tunisian insurance industry The Tunisian insurance industry is highly consolidated, with the 10-leading companies accounting for 84.7% of the industry in 2011 table Of Contents 1 Executive Summary 2 Introduction 2.1 What Is This Report About? 2.2 Definitions 2.3 Methodology 3 Tunisian Insurance Industry Overview 3.1 Tunisian Insurance Industry 3.2 Key Industry Trends And Drivers 3.3 Challenges 4 Industry Segmentation 4.1 Life Insurance 4.2 Non-life Insurance 4.2.1 Property Insurance 4.2.2 Motor Insurance 4.2.3 Liability Insurance 4.2.4 Marine, Aviation And Transit Insurance 4.3 Personal Accident And Health Insurance 4.4 Reinsurance 5 Governance, Risk And Compliance 5.1 Legislation Overview And Historical Evolution 5.2 Legislation Trends By Type Of Insurance 5.2.1 Life Insurance Regulatory Trends 5.2.2 Property Insurance Regulatory Trends 5.2.3 Motor Insurance Regulatory Trends 5.2.4 Liability Insurance Regulatory Trends 5.2.5 Marine, Aviation And Transit Insurance Regulatory Trends 5.2.6 Health And Personal Accident Insurance Regulatory Trends 5.3 Compulsory Insurance The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017
  3. 3. 5.3.1 Third-party Automobile Insurance 5.3.2 Work Accident Insurance 5.3.3 Shipping, Air And Land Goods Import Insurance 5.4 Supervision And Control 5.4.1 International Association Of Insurance Supervisors (iais) 5.4.2 African Insurance Organization (aio) 5.4.3 General Insurance Committee (cga) 5.5 Non-admitted Insurance Regulatory Trends 5.5.1 Overview 5.5.2 Intermediaries 5.5.3 Market Practices 5.5.4 Fines And Penalties 5.6 Company Registration And Operations 5.6.1 Types Of Insurance Organisation 5.6.2 Establishing A Local Company 5.6.3 Foreign Ownership 5.6.4 Types Of License 5.6.5 Capital Requirements 5.6.6 Solvency Margins 5.6.7 Reserve Requirements 5.6.8 Investment Regulations 5.6.9 Statutory Returns Requirements 5.6.10 Policy Terms And Conditions 5.7 Taxation 5.7.1 Insurance Premium Or Policy Taxation 5.7.2 Corporate Tax 5.7.3 Vat 5.7.4 Captives 5.8 Legal System 5.8.1 Introduction 5.8.2 Access To Court 5.8.3 Alternative Dispute Resolution (adr) 6 Competitive Landscape 6.1 Overview 6.2 Leading Companies 6.2.1 Star Insurance - Company Overview 6.2.2 Mediterranean Insurance And Reinsurance - Company Overview 6.2.3 Gat Insurance - Company Overview 6.2.4 Astree Insurance - Company Overview 6.2.5 Assurances Maghrebia - Company Overview The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017
  4. 4. 7 Macroeconomic Indicators 7.1 Market Capitalization Trend - Tunisia Stock Exchange 7.2 Gdp At Constant Prices (us$) 7.3 Gdp Per Capita At Constant Prices (us$) 7.4 Gdp At Current Prices (us$) 7.5 Gdp Per Capita At Current Prices (us$) 7.6 Construction Net Output At Current Prices, (us$) 7.7 Construction Net Output At Current Prices As A Percentage Of Gdp 7.8 Healthcare Expenditure 7.9 Healthcare Expenditure As A Percentage Of Gdp 7.10 Healthcare Expenditure Per Capita 7.11 Labor Force 7.12 Unemployment Rate 7.13 Exports As A Percentage Of Gdp 7.14 Imports As A Percentage Of Gdp 7.15 Total Population 8 Appendix 8.1 Methodology 8.2 Contact Timetric 8.3 About Timetric 8.4 Timetric's Services 8.5 Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017
  5. 5. The Insurance Industry in Tunisia, Key Trends and Opportunities to 2017

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