Home >> General Insurance >> General Insurance >> Diet Food & Weight Loss >> Consumer Goods & Retailing >>

Life Insurance in Peru, Key Trends and Opportunities to 2018

Published: Dec-2014 | Format: PDF | Timetric | Number of pages: 254 | Code: MRS - 1941

 

Synopsis

 

The report provides in-depth market analysis, information and insights into the Peruvian life insurance segment, including:

The Peruvian life insurance segment’s growth prospects by life insurance category
Key trends and drivers for the life insurance segment
The various distribution channels in the Peruvian life insurance segment
The detailed competitive landscape in the life insurance segment in Peru
Detailed regulatory policies of the Peruvian insurance industry
Analysis of various consumer segments in Peruvian life insurance
Key developments in the Peruvian life insurance segment
New products launched by Peruvian life insurers

 

Executive summary

 

Peruvian life insurance registered a compound annual growth rate (CAGR) of 19.5% during the review period (2009–2013). The segment’s growth was a result of strong economic growth and an improving business environment.
The pension and individual whole life categories accounted for 82.6% of the segment’s gross written premium in 2013, but life insurance penetration remained low at 0.8% in 2013. The five leading insurers accounted for 85.9% of the life insurance gross written premium in 2013. Over the forecast period (2013–2018), reforms in insurance contract law, expansion of the middle-class population and steady growth in microinsurance products are expected to drive the segment.

 

Scope

 

This report provides a comprehensive analysis of the life insurance segment in Peru:
It provides historical values of the Peruvian life insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key categories in the Peruvian life insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for life insurance products in Peru.
It profiles the top life 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 life insurance segment and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Peruvian life insurance segment.
Assess the competitive dynamics in the life insurance segment.
Identify the 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

 

Life insurance is the largest segment in the Peruvian insurance industry, with 46.2% of the industry’s gross written premium in 2013.
Pension insurance was the largest category, with 53.3% of the gross written premium and accounting for PEN2.3 billion (US$0.3 billion) in 2013, having recorded a review-period CAGR of 21.8%. 
The introduction of a bidding process for pension insurance in 2013 is expected to reduce premiums and increases sales of pension funds over the forecast period.
Economic growth, and rising employment levels and disposable incomes supported demand for life insurance during the review period.
The increase in Peru’s working population expected to drive growth in the life segment over the forecast period.

 

Table of Contents

 

1 Key Facts and Events

 

2 Executive Summary

 

3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology

 

4 Peruvian Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009–2018

 

5 Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Life Insurance Growth Prospects by Category
5.6 Individual Life Insurance
5.6.1 Individual whole life insurance
5.6.2 Individual pension insurance
5.6.3 Individual supplementary insurance
5.6.4 Other individual other insurance
5.7 Group Whole Life Insurance
5.8 Life Insurance Growth Prospects by Customer Segment
5.8.1 Individual single-premium insurance
5.8.2 Individual non-single-premium insurance
5.8.3 Group single-premium insurance
5.8.4 Group non-single-premium insurance
5.9 Life Insurance Growth Prospects by Product Type
5.9.1 Total non-linked insurance business

 

6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-commerce
6.5 Brokers
6.6 Other Channels

 

7 Governance, Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Legislation and Market Practice by Type of Insurance
7.2.1 Life insurance
7.2.2 Property insurance
7.2.3 Motor insurance
7.2.4 Marine, aviation and transit insurance
7.2.5 Personal accident and health insurance
7.3 Compulsory Insurance
7.3.1 Third-party liability insurance for vehicles carrying dangerous goods
7.3.2 Personal accident insurance in case of motor vehicle accident
7.3.3 Insurance for risky work
7.3.4 Group life insurance for all employees with more than four years service
7.3.5 Aviation liability
7.4 Supervision and Control
7.4.1 International Association of Insurance Supervisors
7.4.2 Superintendent of Bank and Insurance (SBS)
7.5 Non-Admitted Insurance Regulations
7.5.1 Overview
7.5.2 Intermediaries
7.5.3 Market practices
7.5.4 Fines and penalties
7.6 Company Registration and Operations
7.6.1 Types of insurance organization
7.6.2 Establishing a domestic company
7.6.3 Foreign ownership
7.6.4 Types of license
7.6.5 Capital requirements
7.6.6 Solvency margins
7.6.7 Reserve requirements
7.6.8 Investment regulations
7.6.9 Statutory return requirements
7.6.10 Fee structure
7.7 Taxation
7.7.1 Insurance premium or policy taxation
7.7.2 Withholding taxes on premium paid overseas
7.7.3 Corporate tax
7.7.4 VAT
7.7.5 Captives
7.8 Legal System
7.8.1 Introduction
7.8.2 Access to court
7.8.3 Alternative dispute resolution (ADR)

 

8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Peruvian Life Insurance Segment
8.3 Leading Life Insurers – New Product Launches
8.4 Leading Life Insurers – Key Developments
8.5 El Pacífico Vida Compañía de Seguros y Reaseguros – Company Overview
8.5.1 El Pacífico Vida Compañía de Seguros y Reaseguros – key facts
8.5.2 El Pacífico Vida Compañía de Seguros y Reaseguros – key financials
8.6 Rímac Seguros y Reaseguros – Company Overview
8.6.1 Rímac Seguros y Reaseguros – key facts
8.6.2 Rímac Seguros y Reaseguros – key financials
8.7 Seguros Sura SA – Company Overview
8.7.1 Seguros Sura SA – key facts
8.7.2 Seguros Sura SA – key financials
8.8 Interseguro Compania de Seguros SA – Company Overview
8.8.1 Interseguro Compania de Seguros SA – key facts
8.8.2 Interseguro Compania de Seguros SA – key financials
8.9 La Positiva Vida Seguros SA – Company Overview
8.9.1 La Positiva Vida Seguros SA – key facts
8.9.2 La Positiva Vida Seguros SA – key financials
8.10 Mapfre Perú Vida Compañía de Seguros – Company Overview
8.10.1 Mapfre Perú Vida Compañía de Seguros – key facts
8.10.2 Mapfre Perú Vida Compañía de Seguros – key financials
8.11 Protecta SA Cia de Seguros – Company Overview
8.11.1 Protecta SA Cia de Seguros – key facts
8.11.2 Protecta SA Cia de Seguros – key financials
8.12 BNP Paribas Cardif SA Compañía de Seguros y Reaseguros – Company Overview
8.12.1 BNP Paribas Cardif SA Compañía de Seguros y Reaseguros – key facts
8.12.2 BNP Paribas Cardif SA Compañía de Seguros y Reaseguros – key financials
8.13 Ace Seguros SA – Company Overview
8.13.1 Ace Seguros SA – key facts
8.13.2 Ace Seguros SA – key financials
8.14 Rigel Perú SA Compañía de Seguros Vida – Company Overview
8.14.1 Rigel Perú SA Compañía de Seguros Vida – key facts
8.14.2 Rigel Perú SA Compañía de Seguros Vida – key financials

 

9 Appendix – 1
9.1 Market Capitalization Trend – Lima Stock Exchange, Peru
9.2 GDP at Constant Prices (US$)
9.3 GDP per Capita at Constant Prices (US$)
9.4 GDP at Current Prices (US$)
9.5 GDP per Capita at Current Prices (US$)
9.6 GDP by Key Sector
9.7 Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$)
9.8 Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP
9.9 Manufacturing Net Output at Current Prices (US$)
9.1 Manufacturing Net Output at Current Prices as a Percentage of GDP
9.11 Mining, Manufacturing and Utilities at Current Prices (US$)
9.12 Mining, Manufacturing and Utilities at Current Prices as a Percentage of GDP
9.13 Construction Net Output at Current Prices (US$)
9.14 Construction Net Output at Current Prices as a Percentage of GDP
9.15 Inflation Rate
9.16 Exports as a Percentage of GDP
9.17 Imports as a Percentage of GDP
9.18 Merchandise Exports Growth
9.19 Merchandise Imports Growth
9.20 Annual Average Exchange Rate PEN–US$
9.21 Commercial Vehicle Exports – Total Value
9.22 Commercial Vehicle Imports – Total Value
9.23 Automotive Exports – Total Value
9.24 Automotive Imports – Total Value
9.25 Total Internet Subscribers
9.26 Labor Force
9.27 Unemployment Rate
9.28 Household Consumption Expenditure (US$)
9.29 Total Population
9.3 Urban and Rural Populations
9.31 Age Distribution of the Total Population

 

10 Appendix – 2
10.1 Methodology
10.2 Contact Timetric
10.3 About Timetric
10.4 Timetric’s Services
10.5 Disclaimer


 

List of Tables


Table 1: Peruvian Life Insurance – Key Facts, 2013
Table 2: Insurance Industry Definitions
Table 3: Peruvian Insurance – Gross Written Premium by Segment (PEN Billion), 2009–2013
Table 4: Peruvian Insurance – Gross Written Premium by Segment (US$ Billion), 2009–2013
Table 5: Peruvian Insurance – Gross Written Premium by Segment (PEN Billion), 2013–2018
Table 6: Peruvian Insurance – Gross Written Premium by Segment (US$ Billion), 2013–2018
Table 7: Peruvian Insurance – Segmentation, Gross Written Premium (% Share), 2009–2018
Table 8: Peruvian Insurance – Direct Written Premium by Segment (PEN Billion), 2009–2013
Table 9: Peruvian Insurance – Direct Written Premium by Segment (US$ Billion), 2009–2013
Table 10: Peruvian Insurance – Direct Written Premium by Segment (PEN Billion), 2013–2018
Table 11: Peruvian Insurance – Direct Written Premium by Segment (US$ Billion), 2013–2018
Table 12: Peruvian Insurance – Segmentation, Direct Written Premium (% Share), 2009–2018
Table 13: Peruvian Life Insurance – Gross Written Premium by Category (PEN Million), 2009–2013
Table 14: Peruvian Life Insurance – Gross Written Premium by Category (US$ Million), 2009–2013
Table 15: Peruvian Life Insurance – Gross Written Premium by Category (PEN Million), 2013–2018
Table 16: Peruvian Life Insurance – Gross Written Premium by Category (US$ Million), 2013–2018
Table 17: Peruvian Life Insurance – New Business Written Premium (PEN Billion), 2009–2013
Table 18: Peruvian Life Insurance – New Business Written Premium (PEN Billion), 2013–2018
Table 19: Peruvian Life Insurance – Earned Premium (PEN Billion), 2009–2013
Table 20: Peruvian Life Insurance – Earned Premium (PEN Billion), 2013–2018
Table 21: Peruvian Life Insurance – Sum Assured (PEN Billion), 2009–2013
Table 22: Peruvian Life Insurance – Sum Assured (PEN Billion), 2013–2018
Table 23: Peruvian Life Insurance – Paid Claims (PEN Billion), 2009–2013
Table 24: Peruvian Life Insurance – Paid Claims (PEN Billion), 2013–2018
Table 25: Peruvian Life Insurance – Incurred Loss (PEN Billion), 2009–2013
Table 26: Peruvian Life Insurance – Incurred Loss (PEN Billion), 2013–2018
Table 27: Peruvian Life Insurance – Loss Ratio (%), 2009–2013
Table 28: Peruvian Life Insurance – Loss Ratio (%), 2013–2018
Table 29: Peruvian Life Insurance – Commissions and Expenses (PEN Billion), 2009–2013
Table 30: Peruvian Life Insurance – Commissions and Expenses (PEN Billion), 2013–2018
Table 31: Peruvian Life Insurance – Combined Ratio (%), 2009–2013
Table 32: Peruvian Life Insurance – Combined Ratio (%), 2013–2018
Table 33: Peruvian Life Insurance – Fraud and Crimes (PEN Million), 2009–2013
Table 34: Peruvian Life Insurance – Fraud and Crimes (PEN Million), 2013–2018
Table 35: Peruvian Life Insurance – Total Assets (PEN Billion), 2009–2013
Table 36: Peruvian Life Insurance – Total Assets (PEN Billion), 2013–2018
Table 37: Peruvian Life Insurance – Total Investment Income (PEN Billion), 2009–2013
Table 38: Peruvian Life Insurance – Total Investment Income (PEN Billion), 2013–2018
Table 39: Peruvian Life Insurance – Retentions (PEN Billion), 2009–2013
Table 40: Peruvian Life Insurance – Retentions (PEN Billion), 2013–2018
Table 41: Peruvian Individual Life Insurance – Gross Written Premium by Category (PEN Billion), 2009–2013
Table 42: Peruvian Individual Life Insurance – Gross Written Premium by Category (US$ Billion), 2009–2013
Table 43: Peruvian Individual Life Insurance – Gross Written Premium by Category (PEN Billion), 2013–2018
Table 44: Peruvian Individual Life Insurance – Gross Written Premium by Category (US$ Billion), 2013–2018
Table 45: Peruvian Individual Life Insurance – Direct Written Premium by Category (PEN Million), 2009–2013
Table 46: Peruvian Individual Life Insurance – Direct Written Premium by Category (US$ Million), 2009–2013
Table 47: Peruvian Individual Life Insurance – Direct Written Premium by Category (PEN Million), 2013–2018
Table 48: Peruvian Individual Life Insurance – Direct Written Premium by Category (US$ Million), 2013–2018
Table 49: Peruvian Individual Life Insurance – Policies by Category (Million), 2009–2013
Table 50: Peruvian Individual Life Insurance – Policies Premium by Category (Million), 2013–2018
Table 51: Peruvian Individual Whole Life Insurance – Number of Active Policies (Million), 2009–2013
Table 52: Peruvian Individual Whole Life Insurance – Number of Active Policies (Million), 2013–2018
Table 53: Peruvian Individual Whole Life Insurance – Gross Written Premium (PEN Billion), 2009–2013
Table 54: Peruvian Individual Whole Life Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 55: Peruvian Individual Pension Insurance – Number of Active Policies (Million), 2009–2013
Table 56: Peruvian Individual Pension Insurance – Number of Active Policies (Million), 2013–2018
Table 57: Peruvian Individual Pension Insurance – Gross Written Premium (PEN Million), 2009–2013
Table 58: Peruvian Individual Pension Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 59: Peruvian Individual Supplementary Insurance – Number of Active Policies (Thousand), 2009–2013
Table 60: Peruvian Individual Supplementary Insurance – Number of Active Policies (Million), 2013–2018
Table 61: Peruvian Individual Supplementary Insurance – Gross Written Premium (PEN Billion), 2009–2013
Table 62: Peruvian Individual Supplementary Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 63: Peruvian Other Individual Insurance – Number of Active Policies (Million), 2009–2013
Table 64: Peruvian Other Individual Insurance – Number of Active Policies (Million), 2013–2018
Table 65: Peruvian Other Individual Insurance – Gross Written Premium (PEN Million), 2009–2013
Table 66: Peruvian Other Individual Insurance – Gross Written Premium (PEN Million), 2013–2018
Table 67: Peruvian Group Whole Life Insurance – Number of Active Policies (Million), 2009–2013
Table 68: Peruvian Group Whole Life Insurance – Number of Active Policies (Million), 2013–2018
Table 69: Peruvian Group Whole Life Insurance – Gross Written Premium (PEN Million), 2009–2013
Table 70: Peruvian Group Whole Life Insurance – Gross Written Premium (PEN Million), 2013–2018
Table 71: Peruvian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2009–2013
Table 72: Peruvian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2013–2018
Table 73: Peruvian Individual Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Table 74: Peruvian Individual Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 75: Peruvian Individual Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Table 76: Peruvian Individual Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Table 77: Peruvian Individual Non-Single-Premium Insurance – Number of Active Policies (Million), 2009–2013
Table 78: Peruvian Individual Non-Single-Premium Insurance – Number of Active Policies (Million), 2013–2018
Table 79: Peruvian Individual Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Table 80: Peruvian Individual Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 81: Peruvian Individual Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Table 82: Peruvian Individual Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Table 83: Peruvian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2009–2013
Table 84: Peruvian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2013–2018
Table 85: Peruvian Group Single-Premium Insurance – Gross Written Premium (PEN Million), 2009–2013
Table 86: Peruvian Group Single-Premium Insurance – Gross Written Premium (PEN Million), 2013–2018
Table 87: Peruvian Group Single-Premium Insurance – Direct Written Premium (PEN Million), 2009–2013
Table 88: Peruvian Group Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Table 89: Peruvian Group Non-Single-Premium Insurance – Number of Active Policies (Million), 2009–2013
Table 90: Peruvian Group Non-Single-Premium Insurance – Number of Active Policies (Million), 2013–2018
Table 91: Peruvian Group Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Table 92: Peruvian Group Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Table 93: Peruvian Group Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Table 94: Peruvian Group Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Table 95: Peruvian Non-Linked Insurance Business – Number of Active Policies (Million), 2009–2013
Table 96: Peruvian Non-Linked Insurance Business – Number of Active Policies (Million), 2013–2018
Table 97: Peruvian Non-Linked Insurance Business – Gross Written Premium (PEN Billion), 2009–2013
Table 98: Peruvian Non-Linked Insurance Business – Gross Written Premium (PEN Billion), 2013–2018
Table 99: Peruvian Non-Linked Insurance Business – Direct Written Premium (PEN Billion), 2009–2013
Table 100: Peruvian Non-Linked Insurance Business – Direct Written Premium (PEN Billion), 2013–2018
Table 101: Peruvian Life Insurance – Direct Marketing Commission Paid (PEN Million), 2009–2013
Table 102: Peruvian Life Insurance – Direct Marketing Commission Paid (PEN Million), 2013–2018
Table 103: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Table 104: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Table 105: Peruvian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2009–2013
Table 106: Peruvian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2013–2018
Table 107: Peruvian Life Insurance – Number of Direct Marketing Distributors, 2009–2013
Table 108: Peruvian Life Insurance – Number of Direct Marketing Distributors, 2013–2018
Table 109: Peruvian Life Insurance – Bancassurance Commission Paid (PEN Million), 2009–2013
Table 110: Peruvian Life Insurance – Bancassurance Commission Paid (PEN Million), 2013–2018
Table 111: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Table 112: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Table 113: Peruvian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2009–2013
Table 114: Peruvian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2013–2018
Table 115: Peruvian Life Insurance – Number of Bancassurance Distributors, 2009–2013
Table 116: Peruvian Life Insurance – Number of Bancassurance Distributors, 2013–2018
Table 117: Peruvian Life Insurance – Commission Paid to Agencies (PEN Million), 2009–2013
Table 118: Peruvian Life Insurance – Commission Paid to Agencies (PEN Million), 2013–2018
Table 119: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Table 120: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Table 121: Peruvian Life Insurance – New Policies Sold Through Agencies (Thousand), 2009–2013
Table 122: Peruvian Life Insurance – New Policies Sold Through Agencies (Thousand), 2013–2018
Table 123: Peruvian Life Insurance – Number of Agencies, 2009–2013
Table 124: Peruvian Life Insurance – Number of Agencies, 2013–2018
Table 125: Peruvian Life Insurance – E-Commerce Commission Paid (PEN Million), 2009–2013
Table 126: Peruvian Life Insurance – E-Commerce Commission Paid (PEN Million), 2013–2018
Table 127: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Table 128: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Table 129: Peruvian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2009–2013
Table 130: Peruvian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2013–2018
Table 131: Peruvian Life Insurance – Number of E-Commerce Distributors, 2009–2013
Table 132: Peruvian Life Insurance – Number of E-Commerce Distributors, 2013–2018
Table 133: Peruvian Life Insurance – Commission Paid to Brokers (PEN Billion), 2009–2013
Table 134: Peruvian Life Insurance – Commission Paid to Brokers (PEN Billion), 2013–2018
Table 135: Peruvian Life Insurance – New Business Gross Written Premium (PEN Billion), 2009–2013
Table 136: Peruvian Life Insurance – New Business Gross Written Premium (PEN Billion), 2013–2018
Table 137: Peruvian Life Insurance – New Policies Sold Through Brokers (Million), 2009–2013
Table 138: Peruvian Life Insurance – New Policies Sold Through Brokers (Million), 2013–2018
Table 139: Peruvian Life Insurance – Number of Brokers, 2009–2013
Table 140: Peruvian Life Insurance – Number of Brokers, 2013–2018
Table 141: Peruvian Life Insurance – Commission Paid to Other Channels (PEN Million), 2009–2013
Table 142: Peruvian Life Insurance – Commission Paid to Other Channels (PEN Million), 2013–2018
Table 143: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Table 144: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Table 145: Peruvian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2009–2013
Table 146: Peruvian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2013–2018
Table 147: Peruvian Life Insurance – Number of Distributors in Other Channels, 2009–2013
Table 148: Peruvian Life Insurance – Number of Distributors in Other Channels, 2013–2018
Table 149: Peru – Life Insurance Regulatory Framework
Table 150: Peru – Property Insurance Regulatory Framework
Table 151: Peru – Motor Insurance Regulatory Framework
Table 152: Peru – Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 153: Peru – Corporate Tax Rates for the Financial Year 2013
Table 154: Peruvian Life Insurance Segment Shares (%), 2013
Table 155: El Pacífico Vida Compañía de Seguros y Reaseguros, Key Facts
Table 156: El Pacífico Vida Compañía de Seguros y Reaseguros, Key Financials (PEN Million)
Table 157: Rímac Seguros y Reaseguros, Key Facts
Table 158: Rímac Seguros y Reaseguros, Key Financials (PEN Million)
Table 159: Seguros Sura SA, Key Facts
Table 160: Seguros Sura SA, Key Financials (PEN Million)
Table 161: Interseguro Compania de Seguros SA, Key Facts
Table 162: Interseguro Compania de Seguros SA, Key Financials (PEN Million)
Table 163: La Positiva Vida Seguros SA, Key Facts
Table 164: La Positiva Vida Seguros SA, Key Financials (PEN Million)
Table 165: Mapfre Perú Vida Compañía de Seguros, Key Facts
Table 166: Mapfre Perú Vida Compañía de Seguros, Key Financials (PEN Million)
Table 167: Protecta SA Cia de Seguros, Key Facts
Table 168: Protecta SA Cia de Seguros, Key Financials (PEN Million)
Table 169: BNP Paribas Cardif SA Compañía de Seguros y Reaseguros, Key Facts
Table 170: BNP Paribas Cardif SA Compañía de Seguros y Reaseguros, Key Financials (PEN Million)
Table 171: Ace Seguros SA, Key Facts
Table 172: Ace Seguros SA, Key Financials (PEN Million)
Table 173: Rigel Perú SA Compañía de Seguros Vida, Key Facts
Table 174: Rigel Perú SA Compañía de Seguros Vida, Key Financials (PEN Million)


 
List of Figures

Figure 1: Peruvian Insurance – Gross Written Premium by Segment (PEN Billion), 2009–2018
Figure 2: Peruvian Insurance – Dynamics by Segment, Gross Written premium (2009–2018)
Figure 3: Peruvian Insurance – Direct Written Premium by Segment (PEN Billion), 2009–2018
Figure 4: Peruvian Insurance – Dynamics by Segment, Direct Written premium (2009–2018)
Figure 5: Peruvian Life Insurance – Number of Active Policies and Gross Written Premium (% Shares), 2013
Figure 6: Peruvian Unemployment Rate (%), 2008–2012
Figure 7: Peruvian Rural and Urban Populations (%), 2008–2012
Figure 8: Peruvian Population Distribution by Age (%), 2008–2012
Figure 9: Peruvian Life Insurance – Gross Written Premium by Category (PEN Million), 2009–2018
Figure 10: Peruvian Life Insurance – Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 11: Peruvian Life Insurance – Dynamics by Category, 2009–2018
Figure 12: Peruvian Life Insurance – New Business Written Premium (PEN Billion), 2009–2013
Figure 13: Peruvian Life Insurance – New Business Written Premium (PEN Billion), 2013–2018
Figure 14: Peruvian Life Insurance – Earned Premium (PEN Billion), 2009–2013
Figure 15: Peruvian Life Insurance – Earned Premium (PEN Billion), 2013–2018
Figure 16: Peruvian Life Insurance – Sum Assured (PEN Billion), 2009–2013
Figure 17: Peruvian Life Insurance – Sum Assured (PEN Billion), 2013–2018
Figure 18: Peruvian Life Insurance – Paid Claims (PEN Billion), 2009–2013
Figure 19: Peruvian Life Insurance – Paid Claims (PEN Billion), 2013–2018
Figure 20: Peruvian Life Insurance – Incurred Loss (PEN Billion), 2009–2013
Figure 21: Peruvian Life Insurance – Incurred Loss (PEN Billion), 2013–2018
Figure 22: Peruvian Life Insurance – Loss Ratio (%), 2009–2013
Figure 23: Peruvian Life Insurance – Loss Ratio (%), 2013–2018
Figure 24: Peruvian Life Insurance – Commissions and Expenses (PEN Billion), 2009–2013
Figure 25: Peruvian Life Insurance – Commissions and Expenses (PEN Billion), 2013–2018
Figure 26: Peruvian Life Insurance – Combined Ratio (%), 2009–2013
Figure 27: Peruvian Life Insurance – Combined Ratio (%), 2013–2018
Figure 28: Peruvian Life Insurance – Fraud and Crimes (PEN Million), 2009–2013
Figure 29: Peruvian Life Insurance – Fraud and Crimes (PEN Million), 2013–2018
Figure 30: Peruvian Life Insurance – Total Assets (PEN Billion), 2009–2013
Figure 31: Peruvian Life Insurance – Total Assets (PEN Billion), 2013–2018
Figure 32: Peruvian Life Insurance – Total Investment Income (PEN Billion), 2009–2013
Figure 33: Peruvian Life Insurance – Total Investment Income (PEN Billion), 2013–2018
Figure 34: Peruvian Life Insurance – Retentions (PEN Billion), 2009–2013
Figure 35: Peruvian Life Insurance – Retentions (PEN Billion), 2013–2018
Figure 36: Peruvian Life Insurance – Investment Portfolio (PEN Billion), 2009–2013
Figure 37: Peruvian Life Insurance – Investment Portfolio, 2009 and 2013
Figure 38: Peruvian Life Insurance – Penetration (%), 2009–2013
Figure 39: Peruvian Life Insurance – Density (Number of Policies per Capita), 2009–2013
Figure 40: Peruvian Life Insurance – Number of Active Policies (Million), 2009–2013
Figure 41: Peruvian Life Insurance – Number of Active Policies (Million), 2013–2018
Figure 42: Peruvian Life Insurance – Number of New Policies Sold (Million), 2009–2013
Figure 43: Peruvian Life Insurance – Number of New Policies Sold (Million), 2013–2018
Figure 44: Peruvian Life Insurance – Premium Per Capita (PEN), 2009–2013
Figure 45: Peruvian Individual Life Insurance – Gross Written Premium by Category (PEN Million), 2009–2018
Figure 46: Peruvian Individual Life Insurance – Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 47: Peruvian Individual Life Insurance – Dynamics by Category, 2009–2018
Figure 48: Peruvian Individual Life Insurance – Direct Written Premium by Category (PEN Million), 2009–2018
Figure 49: Peruvian Individual Life Insurance – Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 50: Peruvian Individual Life Insurance – Dynamics by Category, 2009–2018
Figure 51: Peruvian Individual Life Insurance – Policies by Category (Million), 2009–2018
Figure 52: Peruvian Individual Life Insurance – Policies by Category (Percentage Share), 2013 and 2018
Figure 53: Peruvian Individual Life Insurance – Dynamics by Category, 2009–2018
Figure 54: Peruvian Individual Whole Life Insurance – Number of Active Policies (Million), 2009–2013
Figure 55: Peruvian Individual Whole Life Insurance – Number of Active Policies (Million), 2013–2018
Figure 56: Peruvian Individual Whole Life Insurance – Gross Written Premium (PEN Billion), 2009–2013
Figure 57: Peruvian Individual Whole Life Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 58: Peruvian Individual Pension Insurance – Number of Active Policies (Million), 2009–2013
Figure 59: Peruvian Individual Pension Insurance – Number of Active Policies (Million), 2013–2018
Figure 60: Peruvian Individual Pension Insurance – Gross Written Premium (PEN Million), 2009–2013
Figure 61: Peruvian Individual Pension Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 62: Peruvian Individual Supplementary Insurance – Number of Active Policies (Thousand), 2009–2013
Figure 63: Peruvian Individual Supplementary Insurance – Number of Active Policies (Million), 2013–2018
Figure 64: Peruvian Individual Supplementary Insurance – Gross Written Premium (PEN Billion), 2009–2013
Figure 65: Peruvian Individual Supplementary Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 66: Peruvian Other Individual Insurance – Number of Active Policies (Million), 2009–2013
Figure 67: Peruvian Other Individual Insurance – Number of Active Policies (Million), 2013–2018
Figure 68: Peruvian Other Individual Insurance – Gross Written Premium (PEN Million), 2009–2013
Figure 69: Peruvian Other Individual Insurance – Gross Written Premium (PEN Million), 2013–2018
Figure 70: Peruvian Group Whole Life Insurance – Number of Active Policies (Million), 2009–2013
Figure 71: Peruvian Group Whole Life Insurance – Number of Active Policies (Million), 2013–2018
Figure 72: Peruvian Group Whole Life Insurance – Gross Written Premium (PEN Million), 2009–2013
Figure 73: Peruvian Group Whole Life Insurance – Gross Written Premium (PEN Million), 2013–2018
Figure 74: Peruvian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2009–2013
Figure 75: Peruvian Individual Single-Premium Insurance – Number of Active Policies (Thousand), 2013–2018
Figure 76: Peruvian Individual Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Figure 77: Peruvian Individual Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 78: Peruvian Individual Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Figure 79: Peruvian Individual Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Figure 80: Peruvian Individual Non-Single-Premium Insurance – Number of Active Policies (Million), 2009–2013
Figure 81: Peruvian Individual Non-Single-Premium Insurance – Number of Active Policies (Million), 2013–2018
Figure 82: Peruvian Individual Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Figure 83: Peruvian Individual Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 84: Peruvian Individual Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Figure 85: Peruvian Individual Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Figure 86: Peruvian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2009–2013
Figure 87: Peruvian Group Single-Premium Insurance – Number of Active Policies (Thousand), 2013–2018
Figure 88: Peruvian Group Single-Premium Insurance – Gross Written Premium (PEN Million), 2009–2013
Figure 89: Peruvian Group Single-Premium Insurance – Gross Written Premium (PEN Million), 2013–2018
Figure 90: Peruvian Group Single-Premium Insurance – Direct Written Premium (PEN Million), 2009–2013
Figure 91: Peruvian Group Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Figure 92: Peruvian Group Non-Single-Premium Insurance – Number of Active Policies (Million), 2009–2013
Figure 93: Peruvian Group Non-Single-Premium Insurance – Number of Active Policies (Million), 2013–2018
Figure 94: Peruvian Group Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2009–2013
Figure 95: Peruvian Group Non-Single-Premium Insurance – Gross Written Premium (PEN Billion), 2013–2018
Figure 96: Peruvian Group Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2009–2013
Figure 97: Peruvian Group Non-Single-Premium Insurance – Direct Written Premium (PEN Billion), 2013–2018
Figure 98: Peruvian Non-Linked Insurance Business – Number of Active Policies (Million), 2009–2013
Figure 99: Peruvian Non-Linked Insurance Business – Number of Active Policies (Million), 2013–2018
Figure 100: Peruvian Non-Linked Insurance Business – Gross Written Premium (PEN Billion), 2009–2013
Figure 101: Peruvian Non-Linked Insurance Business – Gross Written Premium (PEN Billion), 2013–2018
Figure 102: Peruvian Non-Linked Insurance Business – Direct Written Premium (PEN Billion), 2009–2013
Figure 103: Peruvian Non-Linked Insurance Business – Direct Written Premium (PEN Billion), 2013–2018
Figure 104: Peruvian Life Insurance – New Business Written Premium by Distribution Channel (% Share), 2013 and 2018
Figure 105: Peruvian Life Insurance – Direct Marketing Commission Paid (PEN Million), 2009–2013
Figure 106: Peruvian Life Insurance – Direct Marketing Commission Paid (PEN Million), 2013–2018
Figure 107: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Figure 108: Peruvian Life Insurance – Gross Written Premium New Business (PEN Million), 2013–2018
Figure 109: Peruvian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2009–2013
Figure 110: Peruvian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2013–2018
Figure 111: Peruvian Life Insurance – Number of Direct Marketing Distributors, 2009–2013
Figure 112: Peruvian Life Insurance – Number of Direct Marketing Distributors, 2013–2018
Figure 113: Peruvian Life Insurance – Bancassurance Commission Paid (PEN Million), 2009–2013
Figure 114: Peruvian Life Insurance – Bancassurance Commission Paid (PEN Million), 2013–2018
Figure 115: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Figure 116: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Figure 117: Peruvian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2009–2013
Figure 118: Peruvian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2013–2018
Figure 119: Peruvian Life Insurance – Number of Bancassurance Distributors, 2009–2013
Figure 120: Peruvian Life Insurance – Number of Bancassurance Distributors, 2013–2018
Figure 121: Peruvian Life Insurance – Commission Paid to Agencies (PEN Million), 2009–2013
Figure 122: Peruvian Life Insurance – Commission Paid to Agencies (PEN Million), 2013–2018
Figure 123: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Figure 124: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Figure 125: Peruvian Life Insurance – New Policies Sold Through Agencies (Thousand), 2009–2013
Figure 126: Peruvian Life Insurance – New Policies Sold Through Agencies (Thousand), 2013–2018
Figure 127: Peruvian Life Insurance – Number of Agencies, 2009–2013
Figure 128: Peruvian Life Insurance – Number of Agencies, 2013–2018
Figure 129: Peruvian Life Insurance – E-Commerce Commission Paid (PEN Million), 2009–2013
Figure 130: Peruvian Life Insurance – E-Commerce Commission Paid (PEN Million), 2013–2018
Figure 131: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Figure 132: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Figure 133: Peruvian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2009–2013
Figure 134: Peruvian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2013–2018
Figure 135: Peruvian Life Insurance – Number of E-Commerce Distributors, 2009–2013
Figure 136: Peruvian Life Insurance – Number of E-Commerce Distributors, 2013–2018
Figure 137: Peruvian Life Insurance – Commission Paid to Brokers (PEN Billion), 2009–2013
Figure 138: Peruvian Life Insurance – Commission Paid to Brokers (PEN Billion), 2013–2018
Figure 139: Peruvian Life Insurance – New Business Gross Written Premium (PEN Billion), 2009–2013
Figure 140: Peruvian Life Insurance – New Business Gross Written Premium (PEN Billion), 2013–2018
Figure 141: Peruvian Life Insurance – New Policies Sold Through Brokers (Million), 2009–2013
Figure 142: Peruvian Life Insurance – New Policies Sold Through Brokers (Million), 2013–2018
Figure 143: Peruvian Life Insurance – Number of Brokers, 2009–2013
Figure 144: Peruvian Life Insurance – Number of Brokers, 2013–2018
Figure 145: Peruvian Life Insurance – Commission Paid to Other Channels (PEN Million), 2009–2013
Figure 146: Peruvian Life Insurance – Commission Paid to Other Channels (PEN Million), 2013–2018
Figure 147: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2009–2013
Figure 148: Peruvian Life Insurance – New Business Gross Written Premium (PEN Million), 2013–2018
Figure 149: Peruvian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2009–2013
Figure 150: Peruvian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2013–2018
Figure 151: Peruvian Life Insurance – Number of Distributors in Other Channels, 2009–2013
Figure 152: Peruvian Life Insurance – Number of Distributors in Other Channels, 2013–2018
Figure 153: Peru – Insurance Regulatory Framework
Figure 154: Peru – Insurance Supervision and Control at Various Levels
Figure 155: Peru – Insurance Regulatory Frameworks for Company Registration and Operation
Figure 156: Peruvian Life Insurance Segment Shares (%), 2013
Figure 157: Peru, Lima Stock Exchange Market Capitalization (US$ Billion), 2008–2012
Figure 158: Peruvian GDP at Constant Prices (US$ Billion), 2008–2012
Figure 159: Peruvian GDP Per Capita at Constant Prices (US$), 2008–2012
Figure 160: Peruvian GDP at Current Prices (US$ Billion), 2008–2012
Figure 161: Peruvian GDP Per Capita at Current Prices (US$), 2008–2012
Figure 162: Peruvian GDP by Key Sector (%) 2008 and 2012
Figure 163: Peruvian Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 164: Peruvian Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 165: Peruvian Manufacturing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 166: Peruvian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 167: Peruvian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2008–2012
Figure 168: Peruvian Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 169: Peruvian Construction Net Output at Current Prices (US$ Billion), 2008– 2012
Figure 170: Peruvian Construction Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 171: Peruvian Inflation Rate (%), 2008–2012
Figure 172: Peruvian Exports as a Percentage of GDP (%), 2007–2011
Figure 173: Peruvian Imports as a Percentage of GDP (%), 2007–2011
Figure 174: Peruvian Merchandise Exports Growth (%), 2008–2011
Figure 175: Peruvian Merchandise Imports Growth (%), 2008–2011
Figure 176: Peruvian Annual Average Exchange Rate US$–PEN, 2008–2012
Figure 177: Peruvian Commercial Vehicles Exports – Total Value (US$ Million), 2008–2012
Figure 178: Peruvian Commercial Vehicles Imports – Total Value (US$ Million), 2008–2012
Figure 179: Peruvian Automotive Exports – Total Value (US$ Million), 2008–2012
Figure 180: Peruvian Automotive Imports – Total Value (US$ Billion), 2008–2012
Figure 181: Peruvian Internet Subscriptions (Millions), 2008–2012
Figure 182: Peruvian Size of Labor Force (Million), 2008–2012
Figure 183: Peruvian Unemployment Rate (%), 2008–2012
Figure 184: Peruvian Household Consumption Expenditure (US$ Billion), 2008–2012
Figure 185: Peruvian Total Population (Million), 2008–2012
Figure 186: Peruvian Urban and Rural Populations (%), 2008–2012
Figure 187: Peruvian Population Distribution by Age (%), 2008–2012

Inquiry For Buying

Please fill your details below, to inquire about this report:
Indicates required fields

Request Sample

Please fill your details below, to receive sample report:
Indicates required fields

  • Payment Mode

COVID-19 Pandemic Impacts

Our Analysts and Consultants are working ceaselessly to congregate, identify, analyze, and portray the Actual Impacts of COVID-19 Global Pandemic in each of our published as well as ongoing research reports to Redefine and Revise Current and Future Market Trends, Growth Rates, And Market Size Projections across the Globe as well as in different Regions and individual Countries.

Single User | $(USD)1950 View Pricing