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Guatemala Insurance Q3 2019

Key View:

Guatemala's insurance industry offers both growth potential and some major structural barriers. The main factor limitinggrowth is the country's low average income level. In the life sector, this limits demand for savings and investment products. While inthe non-life sector, the lack of affordability means that the market remains heavily reliant upon basic, mandatory lines. The market is,however, home to a positive mix of domestic and multinational carriers, and both product ranges and distribution channels areexpanding - this means that as income rates rise, insurers will be well placed to reach potential first-time users.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Latin America & The Caribbean Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
G&T Continental
Seguros El Roble
Insurance Methodology

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