New Market Research Report Added In MarketResearchReports.Biz Reports Database The Insurance Industry in Swaziland, Key Trends and Opportunities to 2017
Albany, NY -- (SBWIRE) -- 03/27/2013 -- The report provides in depth market analysis, information and insights into the insurance industry in Swaziland, including:
The Swazi insurance industrys growth prospects by insurance segments and categories
The competitive landscape in the Swazi insurance industry
The current trends and drivers of the Swaziland insurance industry
The challenges facing the Swaziland insurance industry
The regulatory framework of the Swaziland insurance industry
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Summary
The Swazi insurance industry is still in the developmental stage. There are a total of ten insurance companies in Swaziland: six life insurers and four non-life insurers. The Swazi industry is highly concentrated with large companies such as Swaziland Royal Insurance Corporation (SRIC), Old Mutual, Metropolitan, Liberty Life and Momentum Insurance all operational. The industrys key growth driver is the non-life segment, which accounted for the largest share of 50.8% of the industrys written premium value in 2012. The Swazi insurance industry is regulated by the Registrar of Insurance and Retirement Funds (RIRF). For low income earners, insurers are promoting micro-insurance products. However, there are many challenges in operating this class insurance such as inefficient distribution channels. The nations over dependence on African Customs Union (SACU) receipts is considered a challenge for the development of the industry.
Scope
This report provides a comprehensive analysis of the insurance industry in Swaziland:
It provides historical values for the Swazi insurance industry for the reports 20082012 review period and forecast figures for the 20122017 forecast period
It offers a detailed analysis of the key segments and categories in the Swazi insurance industry, along with industry 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 Swaziland and outlines the key regulations affecting them
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Reasons To Buy
Make strategic business decisions using in depth historic and forecast industry data related to the Swazi insurance industry and each segment within it
Assess the competitive dynamics in the Swazi insurance industry
Understand the demand-side dynamics, key market trends and growth opportunities within the Swazi insurance industry
Identify the growth opportunities and market dynamics within key segments
Gain insights into key regulations governing the Swazi insurance industry and its impact on companies and the industry's future
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The Insurance Industry in Aruba, Key Trends and Opportunities to 2017
The insurance industry in Aruba is very small and young, and yet highly competitive, with 23 insurance companies operating in the country. The life segment accounted for 57.6% of the overall insurance industrys written premiums in 2012, and is expected to grow at a CAGR of 2.1% over the forecast period due to the increasing disposable income of the Aruban population. Growth in the tourism and oil refining industries will drive growth in the countrys non-life segment.