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Bahamas Insurance Q4 2019

Bahamas Insurance Q4 2019

Key View:

As of mid-2019, the latest news flow confirms our view that the prospects for the Bahamas’ insurance sector are positive,but unexciting. Growth in premiums should be a lot more rapid in the non-life segment than in the life segment. The property andcasualty insurers have pricing power, and should be able to pass on higher claims (and other) costs to their customers. Motorinsurers should also benefit from higher volumes and prices. At the margin, the law changes that will provide for a single regulatoryenvironment, covering both domestic and offshore/captive insurers should be positive. The life insurance segment is mature. Thereis little prospect for growth in new users. Nevertheless, particular life insurance companies may be able to expand into healthinsurance.

Key Industry View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Risk/Reward Index
Latin America & The Caribbean Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Bahamas First General
Insurance Methodology

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