Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.
Axco’s Dominica Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.
The Life & Benefits Report for Dominica includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics
Real GDP growth (%)
Insurance Penetration (%)
Dominica is the largest and most northerly of the Windward Islands and unlike the other Eastern Caribbean countries is a parliamentary democratic republic within the British Commonwealth. The key non-life exposure across all the territories is the windstorm and attendant flood risk. With Barbuda, Dominica bore far worse effects of the catastrophic 2017 hurricane season. Airports, roads and housing projects are finished or near completion. Dominica initiated several projects to rebuild after Maria in 2017 and also to increase resilience for future natural catastrophes.