Synopsis
Timetric’s 'Reinsurance in Chile, Key Trends and Opportunities to 2020' 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 (2011–2015) and forecast period (2015–2020).
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 2020' 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 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
• It offers a detailed analysis of the key categories in the Chilean reinsurance segment, and market forecasts to 2020.
• 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 and man-made hazards and their impact on the Chilean 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
• The Chilean reinsurance segment grew at a compound annual growth rate (CAGR) of 42.6% during the review period.
• Due to the high frequency of natural disasters, reinsurance plays a crucial role in the Chilean insurance industry, and forms an integral component of the country’s risk-management plans.
• The percentage of reinsurance ceded by the Chilean life insurance segment decreased from 13.10% in 2011 to 2.31% in 2015.
• The Chilean reinsurance segment is open to foreign insurers, as domestic insurers do not have sufficient capital to cover large risks arising from catastrophes.
Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Reinsurance outlook
4.1 Reinsurance Segment Size, 2011–2020
4.1.1 Total reinsurance premium accepted
4.2 Reinsurance Segment Size by Premium Ceded, 2011–2020
5 Competitive Landscape
5.1 Company Profiles
5.1.1 Caja Reaseguradora de Chile SA – company overview
6 Natural and Man-Made Hazards
6.1 Flooding
6.2 Earthquakes
6.3 Wildfires
6.4 Volcanoes
6.5 Man-Made Disasters
6.6 Exposure
7 Definition and Methodology
7.1 Definitions
7.2 Methodology
8 About Timetric
8.1 Contact Timetric
8.2 About Timetric
8.3 Timetric’s Services
8.4 Disclaimer
List of Tables
Table 1: Chilean Reinsurance – Key Facts, 2015
Table 2: Chilean Government Credit Ratings
Table 3: Chilean Reinsurance – Total Premium Accepted (CLP Billion and US$ Million), 2011–2015
Table 4: Chilean Reinsurance – Total Premium Accepted (CLP Billion and US$ Million), 2015–2020
Table 5: Chilean Reinsurance – Premium Ceded by Type of Insurance (CLP Billion), 2011–2015
Table 6: Chilean Reinsurance – Premium Ceded by Type of Insurance (CLP Billion), 2015–2020
Table 7: Chilean Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2015
Table 8: Chilean Life Insurance – Percentage of Reinsurance Ceded (%), 2015–2020
Table 9: Chilean Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2015
Table 10: Chilean Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2015–2020
Table 11: Chilean Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2015
Table 12: Chilean Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2015–2020
Table 13: Chile – Corporate Tax Rates for the Financial Year 2016
Table 14: Caja Reaseguradora de Chile SA – Key Facts
Table 15: Insurance Industry Definitions
List of Figures
Figure 1: Chilean Real GDP (CLP Trillion), 2011–2020
Figure 2: CLP–US$ Exchange Rate, 2011–2020
Figure 3: Chilean Consumer Price Inflation (%),2011–2020
Figure 4: Chilean Current Account Balance as Percentage of GDP (%), 2011–2020
Figure 5: Chilean Unemployment Rate, 2011–2020
Figure 6: Chilean Population by Age Group, 1990–2025
Figure 7: Chilean Reinsurance – Total Premium Accepted (CLP Billion), 2011–2020
Figure 8: Chilean Reinsurance – Premium Ceded by Type of Insurance (CLP Billion), 2011–2020
Figure 9: Chilean Reinsurance – Premium Ceded Dynamics by Type of Insurance, 2011–2020
Figure 10: Chilean Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2020
Figure 11: Chilean Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2020
Figure 12: Chilean Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2020
Figure 13: Chilean – Frequency of Hazards by Type, 1990–2014
Figure 14: Chilean Mortality by Hazards Type, 1990–2014
Figure 15: Chilean Economic Loss by Hazards Type, 1990–2014
Caja Reaseguradora de Chile SA
