Reinsurance Sector in Peru to Experience Positive Growth: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research has announced its distribution on, “Reinsurance in Peru, Key Trends and Opportunities to 2020” which provides a detailed study of the market trends, drivers and challenges in the Peruvian reinsurance segment. The report includes values for the key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period and forecast period. It presents an in-depth market analysis, information and insights into the Peruvian reinsurance segment and a complete outline of the Peruvian economy and demographics. It examines various natural and man-made hazards and their impact on the Peruvian insurance industry for a better comprehension of the segment that majorly involves processes involved in reassuring. Growth opportunities and market dynamics in key product categories are ascertained that further enables the reinsurers to identify segment dynamics and competitive advantages, and acquire the profiles of reinsurers operating in the country. It provides detailed information on the competitive landscape in the country that aids a user in structuring optimum plan with proper adherence to the strengths, weaknesses, opportunities and threats. The written premium of the Peruvian reinsurance segment grew in earlier years as a result of Peru’s robust economic development and healthy growth in the insurance industry. As a consequence of happening of the natural disasters, such as the earthquake with a magnitude of 8.0 in 2007 and floods in subsequent years, the insurance companies shared a better proportion of revenues with the reinsurance companies to split larger risk for avoiding losses from the unforeseen natural disaster events. The Peruvian government, in collaboration with regulatory body Superintendencia de Banca y Seguros (SBS), took numerous actions to ameliorate the effectiveness and efficiency of the country’s insurance industry which led to non-life segment accounting for highest premium ceded in 2015, with 41.3% of the non-life segment’s total. Arthur J Gallagher and Grupo CP were able to fulfill the acquisition of majority shareholdings in Peruvian reinsurance broker JAO & Partners in 2014. Peruvian insurers divide the risk with reinsurers in order to circumvent losses due to natural disasters. Under Article 10 of Law, foreign reinsurance companies may write reinsurance business without registering with SBS given that they hold ratings of BBB- by S&P, Baa3 by Fitch, BBB- by Moody’s or B+ by AM Best. By year 2020, the market is expected to be well developed and continue to grow. For more coverage click on the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/reinsurance-peru-key-trends-opportunities/78830-93.html Related links: https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/reinsurance-malaysia-key-trends-opportunities/78834-93.html https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/reinsurance-singapore/74586-93.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124- 4230204 www.kenresearch.com Tags: General Insurance Sector Peru, Global insurance industry research, Global Life insurance industry, Life Insurance Sector Trends Peru, Non-Life insurance sector trends Peru, Peru Insurance Gross Written Premium, Peru Life Insurance Market Research, Peru Life Insurance Regulations, Peru Life insurance Sector, Peru Non-life insurance market research, Peru Non-Life insurance Sector, Peru re-insurance industry, Re-insurance sector Peru