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Panama Insurance Q3 2018

Panama Insurance Q3 2018

BMI View:

Panama has a well-established insurance sector in the Latin American region, characterised by a healthy degree ofdensity and penetration. The insurance sector dynamics reflect the high incomes of domestic households and well as thesophistication of the country’s large financial services industry. The short- and medium-term outlook for the life and non-lifeinsurance sectors remains positive and will be supported by a growing economy, rising incomes and greater domestic consumption.The local carriers are well equipped to capitalise on growth trends, as they enjoy significant economies of scale and brandrecognition. The recent high-profile exits of multinationals, including AIG and Generali, illustrates the challenges foreign providersface in establishing a foothold in this competitive marketplace.

BMI Industry 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
Compania Internacional De Seguros
Insurance Methodology

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