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Caribbean Insurance Report Q1 2016

Caribbean Insurance Report Q1 2016

BMI View: Currency weakness will continue to plague the dollar terms returns of many of the Caribbeaninsurance sectors covered in this report. Offshore business in Barbados and the Cayman Islands,amounting to around USD45bn annually, dwarf the domestic sectors in the region. Health insurance, anunderdeveloped line of business, is likely to outperform in many of these markets over the five-year forecastperiod.

The insurance markets of the Caribbean, particularly offshore business in Barbados and the CaymanIslands, but also domestic sectors, are heavily tied to the economic fortunes of the United States and, to alesser extent, Canada. The ongoing recovery in both major North American markets should boost thefortunes of the region's insurers, driving demand for offshore reinsurance and captives, as well as boostingdomestic economies. On the whole, regulation is sound, but largely untested given a lack of sophisticationin most sectors.


BMI Industry View
SWOT
Aruba Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Aruba 2012-2019)
Table: Life Insurance Claims (Aruba 2007-2013)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Aruba 2012-2019)
Table: Non-Life Insurance Claims (Aruba 2008-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Aruba 2012-2019)
Bahamas Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Bahamas 2012-2019)
Table: Life Insurance Claims (Bahamas 2010-2013)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Bahamas 2012-2019)
Table: Non-Life Insurance Claims (Bahamas 2010-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Bahamas 2012-2019)
Barbados Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Barbados 2012-2019)
Table: Life Insurance Claims (Barbados 2010-2012)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Barbados 2012-2019)
Table: Non-Life Insurance Claims (Barbados 2010-2012)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Barbados 2012-2019)
Cayman Islands Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Cayman Islands 2012-2019)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Cayman Islands 2012-2019)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Cayman Islands 2012-2019)
Dominican Republic Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Dominican Republic 2012-2019)
Table: Life Insurance Claims (Dominican Republic 2007-2013)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Dominican Republic 2012-2019)
Table: Non-Life Insurance Claims (Dominican Republic 2008-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Dominican Republic 2012-2019)
Jamaica Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Jamaica 2012-2019)
Table: Life Insurance Claims (Jamaica 2011-2013)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Jamaica 2012-2019)
Table: Non-Life Insurance Claims (Jamaica 2010-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Jamaica 2012-2019)
Suriname Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Suriname 2012-2019)
Table: Life Insurance Claims (Suriname 2007-2012)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Suriname 2012-2019)
Table: Non-Life Insurance Claims (Suriname 2008-2012)
Trinidad & Tobago Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Trinidad & Tobago 2012-2019)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Trinidad & Tobago 2012-2019)
Table: Non-Life Insurance Claims (Trinidad & Tobago 2008-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums by Product Line (Trinidad & Tobago 2012-2019)
Insurance Risk/Reward Index
Latin America Insurance Risk/Reward Index
Table: Latin America and the Caribbean Insurance Risk/Reward Index
Market Overview
Aruba Market Overview
The Product Offering
The Competitive Landscape
Bahamas Market Overview
Life Market
The Product Offering
The Competitive Landscape
Table: Bahamas Life Market Share (% of gross premiums) 2010-2012
Non-Life Market
The Product Offering
Table: Bahamas Non-Life Market Share (% of gross premiums) 2010-2012
The Competitive Landscape
Barbados Market Overview
Product Offering
Competitive Landscape
Cayman Islands Market Overview
The Product Offering
The Competitive Landscape
Dominican Republic Market Overview
Life Market Overview
The Product Offering
The Competitive Landscape
Table: Dominican Republic, Life Market Share (%) 2009-2014
Non-Life Market Overview
The Product Offering
The Competitive Landscape
Table: Dominican Republic Non-Life Market Share (%) 2009-2014
Jamaica Market Overview
Life Market Overview
The Product Offering
The Competitive Landscape
Table: Jamaica Life Market Share (%) 2007-2012
Non-Life Market Overview
The Product Offering
The Competitive Landscape
Table: Jamaica Non-Life Market Share (%) 2010-2012
Suriname Market Overview
The Product Offering
The Competitive Landscape
Trinidad & Tobago Market Overview
Life Market
The Product Offering
The Competitive Landscape
Table: Life Market Share (% of gross premiums), 2008-2013
Non-Life Market
The Product Offering
The Competitive Landscape
Table: Non-Life Market Share (% of gross premiums), 2007-2012
Company Profile
Colina
Guardian Group
PALIG
Sagicor Financial
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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