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Honduras Insurance Q1 2019

Honduras Insurance Q1 2019

Key View:

The outlook for the insurance market in Honduras is mostly positive, though there are some significant challengesfacing providers. The country is home to a relatively small population which can be characterised by low average income rates and ageneral lack of understanding of the benefits of insurance cover, limiting organic demand for insurance products. That being said,carriers are making some headway in terms of expanding product ranges and extending distribution channels in order to reachmore first time consumers and demand will also be supported by wider economic growth and diversification.

Key View
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
Insurance Methodology

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