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Personal Accident and Health Insurance in Peru, Key Trends and Opportunities to 2020

Personal Accident and Health Insurance in Peru, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Peru Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Peruvian personal accident and health insurance segment, including:

  • An overview of the Peruvian personal accident and health insurance segment
  • The Peruvian personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Peruvian economy and demographics
  • A comparison of the Peruvian personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Peruvian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Peru
  • Details of regulatory policy applicable to the Peruvian insurance industry
Summary

Timetric’s 'Personal Accident and Health Insurance in Peru Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Peruvian life insurance segment, and a comparison of the Peruvian insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Peruvian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Peru:
  • It provides historical values for the Peruvian personal accident and health insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Peruvian personal accident and health insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Peruvian personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Peru.
  • It profiles the top personal accident and health insurance companies in Peru, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Peruvian personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Peruvian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Peruvian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The personal accident and health segment accounted for 9.3% of the overall insurance gross written premium in Peru in 2015.
  • Insurance penetration of the personal accident and health segment was 0.18% in 2015.
  • El Pacífico Peruano, one of country’s leading life and personal accident and health insurers, expanded by forming a joint venture with Banmédica SA to jointly develop businesses in the Peruvian healthcare market in December 2014.
  • In 2015, Rimac Seguros y Reaseguros introduced a new accident insurance policy for children.


  • Key Facts and Highlights
    • Table Peruvian Personal Accident and Health Insurance - Key Facts, 2015
    • Table Peruvian Personal Accident and Health Insurance - Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Peru Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Peruvian Personal Accident and Health Insurance - Gross Written Premium (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Penetration (%), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Gross Written Premium (PEN Billion and US$ Million), 2015-2020
        • Table Peruvian Personal Accident and Health Insurance - Penetration (%), 2015-2020
        • Table Peruvian Personal Accident and Health Insurance - Premium per Capita (PEN and US$), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Premium per Capita (PEN and US$), 2015-2020
      • Policies sold
        • Table Peruvian Personal Accident and Health Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Peruvian Personal Accident and Health Insurance - Paid Claims (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Paid Claims (PEN Million and US$ Million), 2015-2020
      • Profitability
        • Table Peruvian Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Peruvian Personal Accident and Health Insurance - Total Assets (PEN Billion and US$ Billion), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Total Assets (PEN Billion and US$ Billion), 2015-2020
        • Table Peruvian Personal Accident and Health Insurance - Total Investment Income (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Total Investment Income (PEN Million and US$ Million), 2015-2020
        • Table Peruvian Personal Accident and Health Insurance - Investment Portfolio (PEN Billion), 2011-2015
        • Table Peruvian Personal Accident and Health Insurance - Investment Portfolio (PEN Billion), 2015-2020
  • Outlook by Category
    • Table Peruvian Personal Accident and Health Insurance - Direct Written Premium by Category (PEN Million), 2011-2015
    • Table Peruvian Personal Accident and Health Insurance - Direct Written Premium by Category (PEN Billion), 2015-2020
    • Personal Accident Insurance
      • Premium
        • Table Peruvian Personal Accident Insurance - Direct Written Premium (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Personal Accident Insurance - Direct Written Premium (PEN Million and US$ million), 2015-2020
      • Policies
        • Table Peruvian Personal Accident Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Peruvian Personal Accident Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Peruvian Personal Accident Insurance - Paid Claims (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Personal Accident Insurance - Paid Claims (PEN Million and US$ Million), 2015-2020
      • Profitability
        • Table Peruvian Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Peruvian Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Premium
        • Table Peruvian Health Insurance - Direct Written Premium by Sub-Category (PEN Million), 2011-2015
        • Table Peruvian Health Insurance - Direct Written Premium by Sub-Category (PEN Billion), 2015-2020
      • Policies
        • Table Peruvian Health Insurance - Number of Policies Sold by Sub-Category (Thousand), 2011-2015
        • Table Peruvian Health Insurance - Number of Policies Sold by Sub-Category (Thousand), 2015-2020
      • Claims
        • Table Peruvian Health Insurance - Paid Claims (PEN Million and US$ Million), 2011-2015
        • Table Peruvian Health Insurance - Paid Claims (PEN Million and US$ Million), 2015-2020
      • Profitability
        • Table Peruvian Health Insurance - Loss Ratio (%), 2011-2015
        • Table Peruvian Health Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
    • Brokers
    • Agencies
    • Direct Marketing
    • Bancassurance
    • E-commerce
  • Competitive Landscape
    • Table Peruvian Personal Accident and Health Insurance Industry - Top Insurers, 2015
    • Company Profiles
      • El Pacífico Vida Compañí a de Seguros y Reaseguros - company overview
        • Table El Pacífico Vida Compañí a de Seguros y Reaseguros - Key Facts
        • Table El Pacífico Vida Compañí a de Seguros y Reaseguros - Key Financials (PEN Million), 2011-2015
      • Rimac Seguros y Reaseguros - company overview
        • Table Rimac Seguros y Reaseguros - Key Facts
        • Table Rimac Seguros y Reaseguros - Key Financials (PEN Billion), 2011-2015
      • Interseguro Compania de Seguros SA - company overview
        • Table Interseguro Compania de Seguros SA - Key Facts
        • Table Interseguro Compania de Seguros SA - Key Financials (PEN Million), 2011-2015
      • La Positiva Seguros y Reaseguros - company overview
        • Table La Positiva Seguros y Reaseguros - Key Facts
        • Table La Positiva Seguros y Reaseguros - Key Financials (PEN Million), 2011-2015
      • Seguros Sura SA - company overview
        • Table Seguros Sura SA - Key Facts
        • Table Seguros Sura SA - Key Financials (PEN Million), 2011-2015
  • Governance, Risk and Compliance
    • Table Peru - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Peru - Life Insurance Regulatory Framework
      • Property insurance
        • Table Peru - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Peru - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Peru - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
        • Table Peru - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
      • Personal accident and health insurance
    • Compulsory Insurance
      • Third-party liability insurance for vehicles carrying dangerous goods
      • Motor third-party liability insurance
      • Insurance for risky work
      • Group life insurance for all employees with more than four years service
      • Aviation liability insurance
      • Professional indemnity insurance for insurance and reinsurance brokers, and loss adjusters
        • Table Peru - Maximum Cover for Professional Indemnity Insurance for Insurance Brokers
      • Liability insurance for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Association of Insurance Supervisors Latin America
      • Superintendent of Bank and Insurance
      • Peruvian Association of Insurance (LA Asociación Peruana de Empresas de Seguros - Apeseg)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margins
      • Reserve requirements
      • Investment regulations
        • Table Peru - Investment Limits by Types of Assets
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Peru - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Peruvian Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Peruvian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Peruvian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
    • Personal Accident Insurance
      • Table Peruvian Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
    • Health Insurance
      • Table Peruvian Personal Accident and Health Insurance - Health Insurance, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance - Health Insurance, 2015-2020
    • Health Insurance by Product
      • Table Peruvian Personal Accident and Health Insurance - Health by Product, 2011-2015
      • Table Peruvian Personal Accident and Health Insurance - Health by Product, 2015-2020
  • Definition and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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