Research and Markets (http://www.researchandmarkets.com/research/fk7ssm/the_insurance) has announced the addition of the "The Insurance Industry in Guatemala, Key Trends and Opportunities to 2018" report to their offering.
Guatemala is the most populous country in Central America, and its economy is mainly driven by the agricultural sector, which contributed 13.5% of GDP and employed 38% of the total labor force in 2013. The 1996 peace accords, which concluded 36 years of civil war, brought in economic stability and opened doors for foreign investors. The economy recovered in subsequent years, however, and GDP at constant prices grew at a compound annual growth rate (CAGR) of 3.4% during the review period (2009-2013).
The Guatemalan insurance industry grew at a review-period CAGR of 10.0%. The emergence of micro insurance and the entry of foreign insurers, following the implementation of the Insurance Activity Law in 2010, supported the growth of the life segment. In terms of percentage share, non-life accounted for 56.7% of the total industry in 2013. The segment was led by property insurance with a 49.3% share, and motor with 38.6%, with the remaining 12.0% contributed by liability and marine, aviation and transit insurance.
Key Topics Covered:
1 Executive Summary
2 Introduction
3 Guatemalan Insurance Industry Overview
4 Industry Segmentation
5 Governance, Risk and Compliance
6 Competitive Landscape
7 Macroeconomic Indicators
8 Appendix
Companies Mentioned
- Seguros El Roble, SA
- Seguros G&T, SA
- Aseguradora General, SA
- Seguros Mapfre Guatemala, SA
- Seguros Universales, SA
For more information visit http://www.researchandmarkets.com/research/fk7ssm/the_insurance
