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Paraguay

Non Life Report

Product Insurance Market Reports Non Life Rev

Key Highlights

Get access to Axco’s online product with the latest market intelligence to get a complete picture of the non-life (P&C) insurance market of Paraguay

Report Overview

Independent strategic insight, line of business detail, regulatory information & market data for the non-life (P&C) insurance market of Paraguay.

Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Paraguayan non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Paraguay's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Paraguay non-life (P&C) market as well as trends by line of business. Axco analysts also report on Paraguay'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 Paraguay's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Paraguay, 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 Paraguay, 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 Paraguay with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.

PRICE: £550.00

Paraguay Non Life Insurance Report Extract

The Paraguayan insurance market is small and has not undergone any significant changes in recent years. As at 30 June 2020 total premium income amounted to PYG 2.78trn (USD 411.36mn) of which PYG 2.28trn (USD 337.66mn) was non-life business, PYG 414.13bn (USD 61.32mn) life, and PYG 83.58bn (USD 12.38mn) PA and healthcare.

Penetration of insurance products is low; partly due to the lack of an insurance culture amongst individuals and the wider commercial sector ....

 

This is a brief extract of information; more updated information may be available in the latest published report.

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