Non-Life Insurance Market in Peru, 2018

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Main Title
Market Research Report 
Non-Life Insurance in Peru, Key Trends and
Opportunities to 2018
reportscue
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Synopsis The report provides in-depth market
analysis, information and insights into the
Peruvian non-life insurance segment,
including The Peruvian non-life insurance
segments growth prospects by non-life insurance
category Key trends and drivers for the
non-life insurance segment  The various
distribution channels in the Peruvian non-life
insurance segment  The detailed competitive
landscape in the non-life insurance segment in
Peru Detailed regulatory policies in the
Peruvian insurance industry Analysis of
various consumer segments in Peruvian non-life
insurance Key developments in the Peruvian
non-life insurance segment New products
launched by Peruvian non-life insurers
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Report OverviewThe non-life insurance segment
accounted for a 43.8 share of the Peruvian
insurance industrys gross written premium in
2013. The segments gross written premium
increased at a review-period CAGR of 11.4. The
growth of this segment was majorly due to an
increase in property and vehicle sales and the
governments investments on infrastructure.
This led to an increase in the number of
policies sold from 2.7 million in 2009 to 6.8
million in 2013, at a review-period CAGR of
26.0. Furthermore, economic growth and
individuals purchasing power, a large
distribution network and scope from low
penetration rate is expected to support the
growth of the non-life segment over the forecast
period. The Peruvian non-life segment is expected
to grow at a forecast-period CAGR of 10.2.
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Scope This report provides a comprehensive
analysis of the non-life insurance segment in
Peru It provides historical values of the
Peruvian non-life insurance segment for the
reports 2009-2013 review period, and projected
figures for the 2013-2018 forecast period. It
offers a detailed analysis of the key categories
in Perus non-life insurance segment, along with
market forecasts until 2018. It covers an
exhaustive list of parameters, including written
premium, incurred loss, loss ratio, commissions
and expenses, combined ratio, frauds and crimes,
total assets, total investment income and
retentions. It analyses the various
distribution channels for non-life insurance
products in Peru. It profiles the top non-life
insurance companies in Peru and outlines the key
regulations affecting them.
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Key Highlights The non-life segment
accounted for 43.8 of the insurance industrys
gross written premium in 2013. Growth in
construction activity and rising sales of motor
vehicles contributed to the growth of non-life
insurance during the review period. Perus
geographical location made it prone to various
natural disasters such as earthquakes, floods,
volcanic eruptions and landslides, causing the
country large economical damage Property
insurance was the largest segment, having
accounted for 45.0 of the segments gross
written premium share in 2013. The new
Insurance Contract Law enacted in 2012 provides
clear protection for the insured by forbidding
the use of abusive practices and clauses by
insurance companies. According to a study
conducted by Camara Peruana de la Construcción
(Peruvian Construction Chamber), the residential
sector created a sales record over 17 years, with
21,990 residential units sold in 2012. The
growth in Perus middle class population
supported the growth of automobile sales. With
the economic growth, the volume of car sales is
expected to support non-life insurance growth. 
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Table of Contents1 Key Facts and Events 2
Executive Summary 3 Introduction4 Peruvian
Insurance Industry Attractiveness5 Non-Life
Insurance Outlook6 Analysis by Distribution
Channel7 Governance, Risk and Compliance8
Competitive Landscape and Strategic Insights9
Appendix - 110 Appendix - 2
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Reason To Buy Make strategic business
decisions using in-depth historic and forecast
market data related to the Peruvian non-life
insurance segment and each category within it.
Understand the demand-side dynamics, key market
trends and growth opportunities in the Peruvian
non-life insurance segment. Assess the
competitive dynamics in the non-life insurance
segment. Identify the growth opportunities and
market dynamics in key product categories.
Gain insights into key regulations governing the
Peruvian insurance industry and their impact on
companies and the industry's future. To Get
Details http//www.reportscue.com/non-life-insura
nce-in-peru-key-trends-and-opportunities-to-2018-m
arket