Reinsurance in Chile, Key Trends and Opportunities to 2021

Synopsis

Timetric's 'Reinsurance in Chile Key Trends and Opportunities to 2021' report provides detailed analysis of the market trends, drivers and challenges in the Chilean reinsurance segment. 

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2012-2016) and forecast period (2016-2021).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Chilean economy and demographics, and provides detailed analysis of natural hazards and their impact on the Chilean insurance industry. 

The report brings together Timetric's research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary

Timetric's 'Reinsurance in Chile Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Chilean reinsurance segment, including:

• An outlook of the Chilean reinsurance segment

• A comprehensive overview of the Chilean economy and demographics 

• Detailed analysis of natural hazards and their impact on the Chilean insurance industry

• The competitive landscape in the Chilean reinsurance segment

Scope

This report provides a comprehensive analysis of the reinsurance segment in Chile:

• It provides historical values for the Chilean reinsurance segment for the report's 2012-2016 review period, and projected figures for the 2016-2021 forecast period.

• It offers a detailed analysis of the key categories in the Chilean reinsurance segment, and market forecasts to 2021.

• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Chile, and the reinsurance segment's growth prospects.

• It analyzes various natural hazards and their impact on the Chile insurance industry

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Chilean reinsurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Chilean reinsurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Chilean insurance industry, and their impact on companies and the industry's future.

Key Highlights

• On February 10, 2017, the government of Chile enacted Law No. 21,000, which will replace the existing insurance regulator, Superintendencia de Valores y Seguros (SVS), with the Financial Markets Commission (CMF). The transition is expected to be completed by 2017.. 

• The SVS modernized the country's insurance and reinsurance regulations, and is in the process of implementing a new solvency supervision model based on Solvency II.

• Foreign companies have no restrictions in operating reinsurance business in the country, supervised by its own country laws except in regard to capital, projects and shareholders' requirements.