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Caribbean Insurance Report Q2 2015

Caribbean Insurance Report Q2 2015

BMI View: Apparent slow growth in the region during 2015 is generally the result of continued USDstrength, rather than structural weaknesses in the insurance sector. While offshore business, principally inBarbados and the Cayman Islands, may steal the headlines, domestic business is typically under-developedin both life and non-life lines. International players barely feature in the region, deterred by small marketsizes and the strength of leading regional players who control large portions of most markets.

The insurance markets of the Caribbean, particularly offshore business but also domestic sectors, areheavily tied to the economic fortunes of the United States and Canada. The ongoing recovery in both ofthese should boost the fortunes of the region's insurers, driving demand for offshore reinsurance andcaptives, as well as boosting domestic economies. On the whole, regulation is sound, but largely untestedgiven a lack of sophistication in most sectors.


BMI Industry View
SWOT
Aruba Industry Forecast
Aruba Life Premiums Forecast
Table: Gross Life Premiums Written (Aruba 2012-2019)
Life Claims
Table: Life Insurance Claims (Aruba 2007-2012)
Life Insurers' Assets
Table: Assets (Aruba 2007-2012)
Aruba Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Aruba 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Aruba 2007-2012)
Non-Life Insurers' Assets
Table: Assets (Aruba 2007-2012)
Aruba Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Aruba 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Aruba 2012-2019)
Table: Transport Insurance (Aruba 2012-2019)
Property Insurance
Table: Property Insurance (Aruba 2012-2019)
Health and Personal Accident Insurance
Table: Health and Personal Accident Insurance (Aruba 2012-2019)
Bahamas Industry Forecast
Bahamas Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Bahamas 2012-2019)
Net Life Premiums
Table: Net Life Premiums Written (Bahamas 2012-2019)
Life Claims
Table: Life Insurance Claims (Bahamas 2010-2013)
Life Insurers' Assets
Table: Assets (Bahamas 2010-2013)
Bahamas Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Bahamas 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Bahamas 2012-2019)
Non-Life Claims and Assets
Table: Non-Life Insurance Claims (Bahamas 2010-2013)
Table: Assets (Bahamas 2010-2013)
Bahamas Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Bahamas 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Bahamas 2012-2019)
Table: Transport Insurance (Bahamas 2012-2019)
Property Insurance
Table: Property Insurance (Bahamas 2012-2019)
Barbados Industry Forecast
Barbados Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Barbados 2012-2019)
Table: Life Insurance Claims (Barbados 2010-2012)
Life Insurers' Assets
Table: Assets (Barbados 2007-2014)
Barbados Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Barbados 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Barbados 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Barbados 2010-2012)
Table: Non-Life Insurance Claims by Line (Barbados 2010-2012)
Non-Life Insurers' Assets
Table: Assets (Barbados 2010-2013)
Barbados Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Barbados 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Barbados 2012-2019)
Table: Transport Insurance (Barbados 2012-2019)
Property and General Liability Insurance
Table: Property Insurance (Barbados 2012-2019)
Table: General Liability Insurance (Barbados 2012-2019)
Health and Personal Accident Insurance
Table: Health and Personal Accident Insurance (Barbados 2012-2019)
Cayman Islands Industry Forecast
Cayman Islands Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Cayman Islands 2012-2019)
Cayman Islands Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Cayman Islands 2012-2019)
Cayman Islands Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Cayman Islands 2012-2019)
Captive Market
Table: Other Non-Life Insurance (Cayman Islands 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Cayman Islands 2012-2019)
Table: Transport Insurance (Cayman Islands 2012-2019)
Property and Health & Accident Insurance
Table: Property Insurance (Cayman Islands 2012-2019)
Table: Health and Personal Accident Insurance (Cayman Islands 2012-2019)
Dominican Republic Industry Forecast
Dominican Republic Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Dominican Republic 2012-2019)
Net Premiums
Table: Net Life Premiums Written (Dominican Republic 2012-2019)
Life Claims
Table: Life Insurance Claims (Dominican Republic 2007-2012)
Dominican Republic Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Dominican Republic 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Dominican Republic 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Dominican Republic 2007-2012)
Table: Non-Life Insurance Claims by Line (Dominican Republic 2007-2012)
Dominican Republic Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Dominican Republic 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Dominican Republic 2012-2019)
Table: Transport Insurance (Dominican Republic 2012-2019)
Property Insurance
Table: Property Insurance (Dominican Republic 2012-2019)
Health and Personal Accident Insurance
Table: Health and Personal Accident Insurance (Dominican Republic 2012-2019)
Credit/Financial Guarantee
Table: Credit/Financial Guarantee Insurance (Dominican Republic 2012-2019)
Jamaica Industry Forecast
Jamaica Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Jamaica 2012-2019)
Net Life Premiums
Table: Net Life Premiums Written (Jamaica 2012-2019)
Life Claims
Table: Life Insurance Claims (Jamaica 2011-2012)
Life Insurers' Assets
Table: Assets (Jamaica 2010-2012)
Insurance Drivers
Table: Insurance Key Drivers, Disease Adjusted Life Years (Jamaica 2012-2019)
Table: Insurance Key Drivers, Private Health Expenditure (Jamaica 2012-2019)
Jamaica Non-Life Premiums Forecast
Table: Gross Non-Life Premiums Written (Jamaica 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Jamaica 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Jamaica 2010-2013)
Table: Non-Life Insurance Claims by Line (Jamaica 2010-2013)
Non-Life Insurers' Assets
Table: Assets (Jamaica 2010-2012)
Jamaica Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Jamaica 2012-2019)
Motor Insurance
Table: Motor Vehicle Insurance (Jamaica 2012-2019)
Property Insurance
Table: Property Insurance (Jamaica 2012-2019)
General Liability
Table: General Liability Insurance (Jamaica 2012-2019)
Suriname Industry Forecast
Suriname Life Premiums Forecast
Table: Gross Life Premiums Written (Suriname 2012-2019)
Life Insurers' Claims and Assets
Table: Life Insurance Claims (Suriname 2007-2012)
Table: Assets (Suriname 2007-2012)
Suriname Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Suriname 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Suriname 2012-2019)
Non-Life Claims and Insurers' Assets
Table: Non-Life Insurance Claims (Suriname 2007-2012)
Table: Assets (Suriname 2007-2012)
Trinidad & Tobago Industry Forecast
Trinidad & Tobago Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Trinidad & Tobago 2012-2019)
Trinidad & Tobago Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Trinidad & Tobago 2012-2019)
Net Non-Life Premiums
Table: Net Non-Life Premiums Written (Trinidad & Tobago 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Trinidad & Tobago 2007-2012)
Trinidad & Tobago Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Trinidad & Tobago 2012-2019)
Motor Insurance
Table: Motor Vehicle Insurance (Trinidad & Tobago 2012-2019)
Property Insurance
Table: Property Insurance (Trinidad & Tobago 2012-2019)
Health and Personal Accident Insurance
Table: Health Insurance (Trinidad & Tobago 2012-2019)
Table: Personal Accident Insurance (Trinidad & Tobago 2012-2019)
Industry Risk Reward Ratings
Latin America Insurance Risk/Reward Ratings - Q2 2015
Table: Latin America Risk/Reward Index - Q2 2015
Market Overview
Aruba Market Overview
Bahamas Market Overview
Life Market
Table: Bahamas Life Market Share (% of gross premiums) 2010-2012
Non-Life Market
Table: Bahamas Non-Life Market Share (% of gross premiums) 2010-2012
Barbados Market Overview
Cayman Islands Market Overview
Dominican Republic Market Overview
Life Market Overview
Table: Dominican Republic, Life Market Share (%) 2007-2012
Non-Life Market Overview
Table: Dominican Republic Non-Life Market Share (%) 2007-2012
Jamaica Market Overview
Life Market Overview
Table: Jamaica Life Market Share (%) 2007-2012
Non-Life Market Overview
Table: Jamaica Non-Life Market Share (%) 2010-2012
Suriname Market Overview
Trinidad & Tobago Market Overview
Life Market
Table: Life Market Share (% of gross premiums), 2007-2012
Non-Life Market
Table: Non-Life Market Share (% of gross premiums), 2007-2012
Company Profile
Colina
Guardian Group
MAPFRE
PALIG
Sagicor Financial
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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