Insurance in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Colombia
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Colombia
Leading company profiles reveal details of key insurance market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Colombia insurance market with five year forecasts
Essential resource for top-line data and analysis covering the Colombia insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons to Buy
What was the size of the Colombia insurance market by value in 2015?
What will be the size of the Colombia insurance market in 2020?
What factors are affecting the strength of competition in the Colombia insurance market?
How has the market performed over the last five years?
What are the main segments that make up Colombia's insurance market?
The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
The Colombian insurance market had total gross written premiums of $7.8bn in 2015, representing a compound annual growth rate (CAGR) of 11.4% between 2011 and 2015.
The non-life insurance segment was the market's most lucrative in 2015, with total gross written premiums of $5.5bn, equivalent to 70.6% of the market's overall value.
Increased accident and motor insurance premiums are assisting in driving growth in the non-life segment.
Market value forecast
Market value forecast
Five Forces Analysis
Threat of substitutes
Degree of rivalry
Suramericana de Seguros S.A.
Related MarketLine research
Figure 1: Colombia insurance market value: $ billion, 2011-15
Figure 2: Colombia insurance market category segmentation: % share, by value, 2015
Figure 3: Colombia insurance market geography segmentation: % share, by value, 2015
Figure 4: Colombia insurance market value forecast: $ billion, 2015-20
Figure 5: Forces driving competition in the insurance market in Colombia, 2015
Figure 6: Drivers of buyer power in the insurance market in Colombia, 2015
Figure 7: Drivers of supplier power in the insurance market in Colombia, 2015
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Colombia, 2015
Figure 9: Factors influencing the threat of substitutes in the insurance market in Colombia, 2015
Figure 10: Drivers of degree of rivalry in the insurance market in Colombia, 2015
Figure 11: Allianz Group: revenues & profitability
Figure 12: Allianz Group: assets & liabilities
Figure 13: AXA
Figure 14: AXA
Figure 15: Mapfre S.A.: revenues & profitability
Figure 16: Mapfre S.A.: assets & liabilities
Figure 17: Suramericana de Seguros S.A.: revenues & profitability
Figure 18: Suramericana de Seguros S.A.: assets & liabilities
Table 1: Colombia insurance market value: $ billion, 2011-15
Table 2: Colombia insurance market category segmentation: $ billion, 2015
Table 3: Colombia insurance market geography segmentation: $ billion, 2015
Table 4: Colombia insurance market value forecast: $ billion, 2015-20
Table 5: Allianz Group: key facts
Table 6: Allianz Group: key financials ($)
Table 7: Allianz Group: key financials (EUR)
Table 8: Allianz Group: key financial ratios
Table 9: AXA
Table 10: AXA
Table 11: AXA
Table 12: AXA
Table 13: Mapfre S.A.: key facts
Table 14: Mapfre S.A.: key financials ($)
Table 15: Mapfre S.A.: key financials (EUR)
Table 16: Mapfre S.A.: key financial ratios
Table 17: Suramericana de Seguros S.A.: key facts
Table 18: Suramericana de Seguros S.A.: key financials ($)
Table 19: Suramericana de Seguros S.A.: key financials (COP)
Table 20: Suramericana de Seguros S.A.: key financial ratios
Table 21: Colombia size of population (million), 2011-15
Table 22: Colombia gdp (constant 2005 prices, $ billion), 2011-15
Table 23: Colombia gdp (current prices, $ billion), 2011-15
Table 24: Colombia inflation, 2011-15
Table 25: Colombia consumer price index (absolute), 2011-15
Table 26: Colombia exchange rate, 2011-15
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Allianz Group, AXA, Mapfre S.A., Suramericana de Seguros S.A.
Insurance, Colombia, MarketLine
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