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Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Jamaican non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Jamaica's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Jamaica non-life (P&C) market as well as trends by line of business. Axco analysts also report on Jamaica's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes Jamaica's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Jamaica, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in Jamaica, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in Jamaica with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
Insurance in Greece is underdeveloped in comparison to other EU countries. Although commercial entities appreciate the value of insurance, which is often a requirement of any financing or bank loan, private individuals generally do not, either not insuring at all or only buying the minimum amounts required by law or contract. The relatively low per capita income level and severe economic recession, from which Greece started to emerge in 2018, also depressed insurance ....
This is a brief extract of information; more updated information may be available in the latest published report