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Insurance in Colombia

Insurance in Colombia

Summary

Insurance in Colombia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Colombia insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Colombian insurance market had total gross written premiums of $7.8bn in 2016, representing a compound annual growth rate (CAGR) of 10.6% between 2012 and 2016.

The non-life Insurance segment was the market's most lucrative in 2016, with total gross written premiums of $5.4bn, equivalent to 68.5% of the market's overall value.

The growth of the Colombian insurance market has been spurred by improving macroeconomic conditions in the country.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Colombia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Colombia
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Colombia insurance market with five year forecasts
Reasons to buy
  • What was the size of the Colombia insurance market by value in 2016?
  • What will be the size of the Colombia insurance market in 2021?
  • What factors are affecting the strength of competition in the Colombia insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Colombia's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
AXA SA
Liberty Mutual Holding Company
Seguros Del Estado S. A.
Suramericana de Seguros S.A.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Colombia insurance market value: $ billion, 2012-16
Table 2: Colombia insurance market category segmentation: $ billion, 2016
Table 3: Colombia insurance market geography segmentation: $ billion, 2016
Table 4: Colombia insurance market value forecast: $ billion, 2016-21
Table 5: AXA SA: key facts
Table 6: AXA SA: key financials ($)
Table 7: AXA SA: key financials (€)
Table 8: AXA SA: key financial ratios
Table 9: Liberty Mutual Holding Company: key facts
Table 10: Liberty Mutual Holding Company: key financials ($)
Table 11: Liberty Mutual Holding Company: key financial ratios
Table 12: Seguros Del Estado S. A.: key facts
Table 13: Seguros Del Estado S. A.: key financials ($)
Table 14: Seguros Del Estado S. A.: key financials (COP)
Table 15: Seguros Del Estado S. A.: key financial ratios
Table 16: Suramericana de Seguros S.A.: key facts
Table 17: Suramericana de Seguros S.A.: key financials ($)
Table 18: Suramericana de Seguros S.A.: key financials (COP)
Table 19: Suramericana de Seguros S.A.: key financial ratios
Table 20: Colombia size of population (million), 2012-16
Table 21: Colombia gdp (constant 2005 prices, $ billion), 2012-16
Table 22: Colombia gdp (current prices, $ billion), 2012-16
Table 23: Colombia inflation, 2012-16
Table 24: Colombia consumer price index (absolute), 2012-16
Table 25: Colombia exchange rate, 2012-16
List of Figures
Figure 1: Colombia insurance market value: $ billion, 2012-16
Figure 2: Colombia insurance market category segmentation: % share, by value, 2016
Figure 3: Colombia insurance market geography segmentation: % share, by value, 2016
Figure 4: Colombia insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Colombia, 2016
Figure 6: Drivers of buyer power in the insurance market in Colombia, 2016
Figure 7: Drivers of supplier power in the insurance market in Colombia, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Colombia, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Colombia, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Colombia, 2016
Figure 11: AXA SA: revenues & profitability
Figure 12: AXA SA: assets & liabilities
Figure 13: Liberty Mutual Holding Company: revenues & profitability
Figure 14: Liberty Mutual Holding Company: assets & liabilities
Figure 15: Seguros Del Estado S. A.: revenues & profitability
Figure 16: Seguros Del Estado S. A.: assets & liabilities
Figure 17: Suramericana de Seguros S.A.: revenues & profitability
Figure 18: Suramericana de Seguros S.A.: assets & liabilities

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