DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z3z7zw/the_insurance) has announced the addition of the "The Insurance Industry in the Bahamas, Key Trends and Opportunities to 2017" report to their offering.
The Bahamas is ranked fourth amongst the leading offshore financial centers (OFC) in the world. According to the IMF, the Bahamian financial sector accounted for 12% of total foreign bank assets held at global offshore financial centers at the end of March 2012. The large financial sector has benefited the insurance industry in the country, which is well-developed with a high penetration rate of 8.5% in 2012. The industry is very competitive, with 24 domestic (including both-life and non-life insurers) and 15 foreign insurers (including captive insurers). The Insurance Commission of the Bahamas (ICB) is the regulator of the industry. The Bahamian economy, which is highly dependent on financial and tourism sectors, was impacted by the global financial crisis, leading to a stagnation of growth for the insurance industry.
Reasons To Buy
- Make strategic business decisions using in depth historic and forecast industry data related to the Bahamian insurance industry and each segment within it
- Assess the competitive dynamics in the Bahamian insurance industry
- Understand the demand-side dynamics, key market trends and growth opportunities within the Bahamian insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Bahamian insurance industry and its impact on companies and the industry's future
Key Topics Covered
1 Executive Summary
2 Introduction
3 Bahamian Insurance Industry Overview
4 Industry Segmentation
5 Competitive Landscape
6 Macroeconomic Indicators
7 Appendix
Companies Mentioned
- BAF Financial & Insurance (Bahamas)
- Colina Insurance
- The Bahamas First General Insurance Company
- The Insurance Company of the Bahamas (ICB)
For more information visit http://www.researchandmarkets.com/research/z3z7zw/the_insurance
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