Published On: Wed, Jul 3rd, 2013

Research and Markets: The Insurance Industry in Curacao and Sint Maarten, Key Trends and Opportunities to 2017

WillemstadDUBLIN--(BUSINESS WIRE)- Research and Markets (http://www.researchandmarkets.com/research/dctlgk/the_insurance) has announced the addition of the "The Insurance Industry in Curaçao and Sint Maarten, Key Trends and Opportunities to 2017" report to their offering.

Following the dissolution of the Dutch Antilles on October 10th, 2010, Curaçao and Sint Maarten became independent countries. They both have an open economy with Curacao's GDP being three and half times larger than that of Sint Maarten in 2011. Curacao's economy is largely diversified with shipping, oil refining, tourism and the financial services industries contributing to GDP.

This can be compared to Sint Maarten, where the travel and tourism sector accounts for 80% of GDP. Although, the Curacao and St. Maarten insurance industry is small, penetration measured 7.0% in 2012.

According to the Central Bank of Curacao and St. Maarten's 2011 annual report, the industry is highly competitive with the presence of 44 domestic and 16 international captive and reinsurance companies. During the review period, the industry declined at a CAGR of -2.2%.

The report provides in depth market analysis, information and insights into the insurance industry in Curaçao and Sint Maarten, including:

- The Curaçao and Sint Maarten insurance industry's growth prospects by insurance segments and categories

- The competitive landscape in the Curaçao and Sint Maarten insurance industry

- The current trends and drivers of the Curaçao and Sint Maarten insurance industry

- The challenges facing the Curaçao and Sint Maarten insurance industry

- The regulatory framework of the Curaçao and Sint Maarten insurance industry

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Curaçao and Sint Maarten Insurance Industry Overview

3.1 Curaçao and Sint Maarten Insurance Industry

3.2 Key Industry Trends and Drivers

3.3 Challenges

3.4 Regulation

4 Industry Segmentation

4.1 Life Insurance Segment

4.2 Non-Life Insurance Segment

4.3 Personal Accident and Health Insurance Segment

4.4 Reinsurance

5 Competitive Landscape

5.1 Overview

5.2 Leading Companies

6 Macroeconomic Indicators

6.1 GDP at current prices (US$ Billion)

6.2 Unemployment Rate (%)

6.3 Inflation Rate (%)

6.4 Total population

6.5 Loan to Businesses (US$ Million)

6.6 Exports of Goods (US$ Billion)

6.7 Life Expectancy

7 Appendix

Companies Mentioned

-- Atlas Insurance

-- Sagicor Capital Life Insurance Company

-- The Pan-American Life Insurance Group (PALIG)
For more information visit http://www.researchandmarkets.com/research/dctlgk/the_insurance
CONTACT: Research and Markets
Laura Wood, Senior Manager

press@researchandmarkets.com

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Sector: Insurance
SOURCE: Research and Markets
Copyright Business Wire 2013

Click Tag(s) for Related Articles:



-- ADVERTISEMENT --