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Personal Accident and Health Insurance in Uruguay, Key Trends and Opportunities to 2021

Personal Accident and Health Insurance in Uruguay, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Uruguay, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Uruguayan personal accident and health insurance segment, and a comparison of the Uruguayan 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 (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Uruguayan 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.

Summary

Timetric’s 'Personal Accident and Health Insurance in Uruguay, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Uruguayan personal accident and health insurance segment, including:

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

This report provides a comprehensive analysis of the personal accident and health insurance segment in Uruguay:
  • It provides historical values for the Uruguayan personal accident and health insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
  • It offers a detailed analysis of the key categories in the Uruguayan personal accident and health insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Uruguayan 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 Uruguay.
  • It profiles the top personal accident and health insurance companies in Uruguay, 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 Uruguayan personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Uruguayan 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 Uruguayan insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In July 2016, Suramericana SA, the insurance subsidiary holding of Grupo de Inversiones Suramericana (Grupo Sura), completed the acquisition of Royal & Sun Alliance insurance (Uruguay).
  • The public sector is administrated by the Ministry of Public Health (MoPH) under the supervision of the State Health Services Administration (ASSE).


  • Key Facts and Highlights
    • Table Uruguayan Personal Accident and Health Insurance - Key Facts, 2016
    • Table Uruguayan Personal Accident and Health Insurance - Leading Insurers, 2016
  • Executive Summary
  • Economy and Demographics
    • Table Uruguayan Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Uruguayan Personal Accident and Health Insurance - Gross Written Premium (UYU Billion and US$ Million), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Penetration (%), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Gross Written Premium (UYU Billion and US$ Million), 2016-2021
        • Table Uruguayan Personal Accident and Health Insurance - Penetration (%), 2016-2021
        • Table Uruguayan Personal Accident and Health Insurance - Premium per Capita (UYU and US$), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Premium per Capita (UYU and US$), 2016-2021
      • Claims
        • Table Uruguayan Personal Accident and Health Insurance - Paid Claims (UYU Billion and US$ Million), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Paid Claims (UYU Billion and US$ Million), 2016-2021
      • Profitability
        • Table Uruguayan Personal Accident and Health Insurance - Profitability Ratio (%), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Profitability Ratio (%), 2016-2021
      • Assets and investments
        • Table Uruguayan Personal Accident and Health Insurance - Total Assets (UYU Billion and US$ Million), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Total Assets (UYU Billion and US$ Million), 2016-2021
        • Table Uruguayan Personal Accident and Health Insurance - Total Investment Income (UYU Million and US$ Million), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Total Investment Income (UYU Million and US$ Million), 2016-2021
        • Table Uruguayan Personal Accident and Health Insurance - Investment Portfolio (UYU Billion), 2012-2016
        • Table Uruguayan Personal Accident and Health Insurance - Investment Portfolio (UYU Billion), 2016-2021
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Uruguayan Personal Accident and Health Insurance - Leading Insurers, 2016
    • Company Profiles
      • Banco de Seguros del Estado - company overview
        • Table Banco de Seguros del Estado - Key Facts
      • MetLife Seguros SA - company overview
        • Table MetLife Seguros SA - Key Facts
      • Mapfre La Uruguaya SA - company overview
        • Table Mapfre La Uruguaya SA - Key Facts
      • Seguros Sura SA - company overview
        • Table Seguros Sura SA - Key Facts
      • Sancor Seguros SA - company overview
        • Table Sancor Seguros SA - Key Facts
  • Governance, Risk and Compliance
    • Table Uruguay - 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 Uruguay - Life Insurance Regulatory Framework
      • Property insurance
        • Table Uruguay - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Uruguay - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Uruguay - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Workers' compensation insurance
      • Motor third-party liability insurance
      • Liability for ships with respect to oil pollution
      • Aviation liability insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Association of Insurance Supervisors Latin America
      • Superintendence of Insurance and Reinsurance
      • Asociación Uruguaya de Empresas Aseguradoras
    • 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 margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxations
        • Table Uruguay - Insurance Premium Tax Rates
      • Withholding taxes on premium paid overseas.
      • Corporate tax
        • Table Uruguay - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Uruguayan Personal Accident and Health Insurance Industry - Policies and Premium, 2012-2016
      • Table Uruguayan Personal Accident and Health Insurance Industry - Policies and Premium, 2016-2021
    • Claims and Expenses
      • Table Uruguayan Personal Accident and Health Insurance - Claims and Expenses, 2012-2016
      • Table Uruguayan Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
    • Assets and Investments
      • Table Uruguayan Personal Accident and Health Insurance - Assets and Investments, 2012-2016
      • Table Uruguayan Personal Accident and Health Insurance - Assets and Investments, 2016-2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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