Industry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile

Transcription

1 Brochure More information from Industry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile Description: Synopsis The report provides market analysis, information and insights into the Chilean non-life insurance market, including: - A description of the non-life insurance market in Chile - The Chilean non-life insurance market s growth prospects - The competitive landscape in the Chilean non-life insurance market Summary The Chilean non-life insurance segment is highly competitive with the presence of both domestic and foreign insurers. The non-life insurance segment recorded a gross written premium of CLPXX trillion (US$XX billion) in 2011, a growth of XX% over The segment grew rapidly from CLPXX trillion (US$XX billion) in 2007 to CLPXX trillion (US$XX billion) in 2011, after recording a CAGR of XX% during the review period. The segment has been dominated by RSA Seguros SA, which recorded an annual growth rate of XX% in its gross written premium income in 2011 over the previous year. Consequently, RSA Seguros SA recorded a written premium value of CLPXX billion (US$XX million) and maintained its leading position with a segment share of XX% of the total non-life insurance written premiums in Several foreign insurers are gaining market share with the launch of innovative products and services. For example, Mapfre Seguros Generales, the third -largest non-life insurer and a subsidiary of Spanish-based Mapfre Group, recorded gross written premium values of CLPXX billion (US$XX million) in 2011, after registering a CAGR of XX% over the previous year. Scope This report provides a comprehensive analysis of the non-life insurance market in Chile: - It provides historical values for Chile s insurance industry market size for the report s review period and forecast figures for the forecast period - Using Porter s industry-standard Five Forces analysis, it details the competitive landscape in Chile for the non-life insurance business - It profiles the top non-life insurance companies in Chile and outlines the key regulations affecting them - It provides a comprehensive analysis of the business environment and country risk for Chile Reasons To Buy - Make strategic business decisions using historic and forecast market data related to the Chilean insurance industry and each sector within it - Understand the demand-side dynamics, key market trends and growth opportunities within the Chilean insurance industry - Develop market-entry strategies by understanding the key market opportunities - Assess the competitive dynamics in the Chilean non-life insurance market - Identify key operators in the Chilean insurance industry, along with profiles on those companies Key Highlights NA Contents: 1 Introduction 1.1 What is this Report About? 1.2 Definitions 1.3 Methodology 2 Chilean Insurance Industry Attractiveness 2.1 Insurance Industry Segment Size, Key Industry Trends and Drivers Business drivers Consumer drivers 2.3 Recent Segment Developments 3 Regulatory Policies 4 Porter s Five Forces Analysis Chilean Non-Life Insurance Segment

2 4.1 Bargaining Power of Supplier: Medium to High 4.2 Bargaining Power of Buyer: Low to Medium 4.3 Barriers to Entry: Medium 4.4 Intensity of Rivalry: Medium to High 4.5 Threat of Substitutes: Low 5 Competitive Landscape and Strategic Insights 5.1 Overview 5.2 Leading Companies in the Chile Non-Life Insurance Segment 5.3 Comparison of Top-Five Insurers Gross written premium Outwards reinsurance expense Net earned premiums Gross claims Paid claims Pre-tax profit/loss Total assets Total investment income 5.4 RSA Seguros Chile SA Company Overview RSA Seguros Chile SA key facts RSA Seguros Chile SA key financials 5.5 Compania De Seguros Generales Penta Security SA Company Overview Compania De Seguros Generales Penta Security S.A key facts Compania De Seguros Generales Penta Security SA key financials 5.6 MAPFRE Compañía de Seguros Generales de Chile SA Company Overview MAPFRE Compañía de Seguros Generales de Chile SA key facts MAPFRE Compañía de Seguros Generales de Chile SA key financials 5.7 Liberty Seguros SA Company Overview Liberty Seguros SA key facts Liberty Seguros SA key financials 5.8 BCI Seguros Generales SA Company Overview BCI Seguros Generales SA key facts BCI Seguros Generales S.A key financials 5.9 Chilena Consolidada Seguros De Vida SA Company Overview Chilena Consolidada Seguros De Vida SA key facts Chilena Consolidada Seguros De Vida SA key financials 5.10 Aseguradora Magallanes SA Company Overview Aseguradora Magallanes SA key facts Aseguradora Magallanes SA key financials 5.11 Compañía de Seguros Cardif Chile Company Overview Compañía de Seguros Cardif Chile key facts Compañía de Seguros Cardif Chile key financials 5.12 Santander Seguros Generales SA Company Overview Santander Seguros Generales SA key facts Santander Seguros Generales SA key financials 6 Business Environment and Country Risk 6.1 Business Confidence Segment capitalization trend Santiago Stock Exchange (SSE), Chile 6.2 Economic Performance GDP at constant prices (US dollar) GDP per capita at constant prices (US dollar) GDP at current prices (US dollar) GDP per capita at current prices (US dollar) GDP by key segments Agricultural net output at current prices (CLP) Agricultural net output at current prices (US dollar) Agricultural net output at current prices as a percentage of GDP Manufacturing net output at current prices (CLP) Manufacturing net output at current prices (US dollar) Manufacturing net output at current prices as a percentage of GDP Mining, manufacturing and utilities net output at current prices (CLP) Mining, manufacturing and utilities at current prices (US dollar) Mining, manufacturing and utilities at current prices, as percentage of GDP Construction net output at current prices (CLP)

3 Construction net output at current prices, (US dollar) Construction net output at current prices as a percentage of GDP Inflation rate Current account balance as a percentage of GDP Exports as a percentage of GDP Imports as a percentage of GDP Exports growth Imports growth Annual average exchange rate US$ CLP End-of-period exchange rate US$ CLP 6.3 Infrastructure Quality and Availability Total airports and sea ports Railways and roadways Vehicle production volume Automotive component exports trend Automotive component imports trend Passenger car penetration Healthcare expenditure Healthcare expenditure as a percentage of GDP Healthcare expenditure per capita Total internet subscribers 6.4 Labor Force Labor force Unemployment rate 6.5 Demographics Annual disposable income Annual per capita disposable income Total population Urban and rural population Females as a percentage of the total population Males as a percentage of the total population Mean age of the population Median age of population Population density Age distribution of the total population Age distribution of the male population Age distribution of the female population Number of households 6.6 Political and Social Risk Political stability Terrorism index Transparency index 7 Appendix 7.1 Methodology 7.2 Contact Us 7.3 About Timetric 7.4 Disclaimer List of Tables Table 1: Insurance Industry Definitions Table 2: Chilean Insurance Overall Written Premium by Segment (CLP Billion), Table 3: Chilean Insurance Overall Written Premium by Segment (US$ Billion), Table 4: Chilean Insurance Overall Written Premium by Segment (CLP Billion), Table 5: Chilean Insurance Overall Written Premium by Segment (US$ Billion), Table 6: Chilean Insurance Segmentation (% Share), Table 7: Chilean Non-Life Insurance Market Share, Table 8: RSA Seguros Chile SA, Key Facts Table 9: RSA Seguros Chile SA (CLP Thousands) Table 10: Compania De Seguros Generales Penta Security SA, Key Facts Table 11: Compania De Seguros Generales Penta Security SA (CLP Thousands) Table 12: MAPFRE Compañía de Seguros Generales de Chile SA, Key Facts Table 13: MAPFRE Compañía de Seguros Generales de Chile SA (CLP Thousands) Table 14: Liberty Seguros SA, Key Facts

4 Table 15: Liberty Seguros SA (CLP Thousands) Table 16: BCI Seguros Generales SA, Key Facts Table 17: BCI Seguros Generales SA (CLP Thousands) Table 18: Chilena Consolidada Seguros De Vida SA, Key Facts Table 19: Chilena Consolidada Seguros De Vida SA (CLP Thousands) Table 20: Aseguradora Magallanes SA, Key Facts Table 21: Aseguradora Magallanes SA (CLP Thousands) Table 22: Compañía de Seguros Cardif Chile, Key Facts Table 23: Compañía de Seguros Cardif Chile (CLP Thousands) Table 24: Santander Seguros Generales SA, Key Facts Table 25: Santander Seguros Generales SA (CLP Thousands) List of Figures Figure 1: Chilean Insurance Overall Written Premium by Segment (CLP Billion), Figure 2: Chilean Insurance Dynamics by Segment, Figure 3: Chile Non-Life Insurance Segment Five Forces Analysis Figure 4: Chilean Non-Life Insurance Segment Market Share 2007 and 2011 Figure 5: Non-Life Insurance Gross Written Premium, Top-Five Chilean Non-Life Insurers, 2011 Figure 6: Non-Life Insurance Outwards Reinsurance Expense, Top-Five Chilean Non-Life Insurers, 2011 Figure 7: Non-Life Insurance Net Earned Premium, Top-Five Chilean Non-Life Insurers, 2011 Figure 8: Non-Life Insurance Gross Claims, Top-Five Chilean Non-Life Insurers, 2011 Figure 9: Non-Life Insurance Paid Claims, Top-Five Chilean Non-Life Insurers, 2011 Figure 10: Non-Life Insurance Pre-tax Profit/Loss, Top-Five Chilean Non-Life Insurers, 2011 Figure 11: Non-Life Insurance Total Assets, Top-Five Chilean Non-Life Insurers, 2011 Figure 12: Non-Life Insurance Total Investment Income, Top-Five Chilean Non-Life Insurers, 2011 Figure 13: Santiago Stock Exchange (SSE) Segment Capitalization (US$ Billion), Figure 14: Chilean GDP at Constant Prices (US$ Billion), Figure 15: Chilean GDP Per Capita at Constant Prices (US$), Figure 16: Chilean GDP at Current Prices (US$ Billion), Figure 17: Chile GDP Per Capita at Current Prices (US$), Figure 18: Chile GDP by Key Segments (%) 2009 and 2011 Figure 19: Chilean Agricultural Net Output at Current Prices (CLP Billion), Figure 20: Chile Agricultural Net Output at Current Prices (US$ Billion), Figure 21: Chilean Agricultural Net Output at Current Prices as a Percentage of GDP (%), Figure 22: Chilean Manufacturing Net Output at Current Prices (CLP Billion), Figure 23: Chilean Manufacturing Net Output at Current Prices (US$ Billion), Figure 24: Chilean Manufacturing Net Output at Current Prices as a Percentage of GDP (%), Figure 25: Chilean Mining, Manufacturing and Utilities Net Output at Current Prices (CLP Billion), Figure 26: Chile Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), Figure 27: Chilean Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), Figure 28: Chilean Construction Net Output at Current Prices (CLP Billion), Figure 29: Chilean Construction Net Output at Current Prices (US$ Billion), Figure 30: Chile Construction Output at Current Prices as a Percentage of GDP (%), Figure 31: Chilean Inflation Rate (%), Figure 32: Chilean Current Account Balance as a Percentage of GDP(%), Figure 33: Chilean Exports as a Percentage of GDP (%), Figure 34: Chilean Imports as a Percentage of GDP (%), Figure 35: Chilean Exports Growth (%), Figure 36: Chilean Imports Growth (%), Figure 37: Chilean Annual Average Exchange Rate US$ CLP, Figure 38: Chilean End-of-Period Exchange Rate US$ CLP, Figure 39: Chilean Airports and Sea Ports (Number), 2011 Figure 40: Chilean Railways and Roadways (Kilometers), 2011 Figure 41: Chilean Vehicle Production, Figure 42: Chilean Automotive Component Exports (US$ Million), Figure 43: Chilean Automotive Component Imports (US$ Million), Figure 44: Chilean Passenger Car Penetration (Per Thousand People), Figure 45: Chilean Healthcare Expenditure (US$ Billion), Figure 46: Chilean Healthcare Expenditure as a Percentage of GDP (%), Figure 47: Chilean Per Capita Healthcare Expenditure (US$), Figure 48: Chilean Internet Subscriptions (Million), Figure 49: Chilean Size of Labor Force in Age Group (Million),

5 Figure 50: Chilean Unemployment Rate (%), Figure 51: Chilean Annual Disposable Income (US$ Billion), Figure 52: Chilean Annual Per Capita Disposable Income (US$), Figure 53: Chilean Total Population (Million), Figure 54: Chilean Urban and Rural Population (%), Figure 55: Chilean Females as a Percentage of the Total Population (%), Figure 56: Chilean Males as a Percentage of the Total Population (%), Figure 57: Mean Age of Chilean Population, Figure 58: Median Age of Chilean Population, Figure 59: Chilean Population Density (per Square Kilometer), Figure 60: Chilean Population Distribution by Age (%), Figure 61: Chilean Male Population Distribution by Age (%), Figure 62: Chilean Female Population Distribution by Age (%), Figure 63: Chilean Households, Number of (Million), Figure 64: Global Terrorism Heat Map, 2011 Figure 65: Chilean Transparency Index, Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland.

6 Page 1 of 2 Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to (from USA) or (from Rest of World). If you have any questions please visit Order Information Please verify that the product information is correct and select the format(s) you require. Product Name: Web Address: Office Code: Industry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile SC Product Formats Please select the product formats and quantity you require: Electronic (PDF) - Single User: Electronic (PDF) - Site License: Electronic (PDF) - Enterprisewide: Quantity USD 1000 USD 2000 USD 3000 Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: Last Name: Address: * Job Title: Organisation: Address: City: Postal / Zip Code: Country: Phone Number: Fax Number: * Please refrain from using free accounts when ordering (e.g. Yahoo, Hotmail, AOL)

7 Page 2 of 2 Payment Information Please indicate the payment method you would like to use by selecting the appropriate box. Pay by credit card: You will receive an with a link to a secure webpage to enter your credit card details. Pay by check: Please post the check, accompanied by this form, to: Research and Markets, Guinness Center, Taylors Lane, Dublin 8, Ireland. Pay by wire transfer: Please transfer funds to: Account number Sort code Swift code IBAN number Bank Address ULSBIE2D IE78ULSB Ulster Bank, Main Street, Blackrock, Co. Dublin, Ireland. If you have a Marketing Code please enter it below: Marketing Code: Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at Please fax this form to: (646) or (646) From USA or From Rest of World