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Key Benefits | Executive Summary | Report Coverage | Contents | Competitive Landscape Information Sources | Full Range of Reports The Argentina Insurance Report -
- Independent 5-year insurance industry forecast for Argentina.
- Original insurance market research and insurance sector trend analysis for Argentina’s insurance industry.
- Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Argentina.
The Argentina Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Argentina through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Argentina; and analysis of the latest insurance industry developments, trends and regulatory changes in Argentina. Business Monitor International's Argentina Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Argentine insurance industry. |
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Key Benefits of the Argentina Insurance Report [TOP] -
- Benchmark BMI’s Independent 5-Year Insurance Industry Forecast on Argentina
to test other views - a key input for successful budgeting and planning in this strategic insurance market. - Target Business Opportunities & Risks in Argentina's Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Argentina. - Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Argentina through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services. View a list of BMI's ranked insurance companies for Latin America. |
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BMI's Coverage of the Argentina Insurance Industry [TOP] Argentina Insurance Sector At A Glance Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$. Evolution of the Argentine Insurance Market Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998. BMI 5-Year Industry Forecasts for Argentina Analysis of market growth drivers, including 5-year projections (to end-2011) for premium values. Forecasts section also includes BMI risk ratings on local economy, politics and business environment. Industry indicators covered include: Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses; total operating expenses; total assets and investments; industry density (per capita premiums) and penetration (premiums as a portion of GDP) BMI 5-Year Macroeconomic Forecast for Argentina BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt. Insurance Company Rankings in Argentina Comparative company analyses and rankings by premium income (life and non-life). View a list of BMI's ranked insurance companies for Latin America Insurance Industry Competitive Landscape in Latin America A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region. |
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BMI's Executive Summary for the Argentina Insurance Report
[TOP]
This report differs from its predecessors in that it includes BMI's Insurance Business Environment Rating
(IBER). The rating brings together a number of pieces of relevant quantitative data, together with BMI's
Country Risk Rating (CRR). It is now much easier to consider the business environment for the insurance
sector in any one country relative to the business environment for other industries in that country that are
surveyed by BMI, and the business environment for the insurance sector in other countries.
Argentina's IBER is 51.4. Relative to other countries in the Caribbean and Latin America, it is a
moderately attractive insurance market for foreign insurers. Within the region, the Bahamas has the
highest IBER ranking, with a score of 65.6. A very high score in the risks to realisation of potential
returns drives the Bahamas overall score. Similarly, Argentina has scored much more highly in the risks
to realisation of potential returns than in limits to potential returns. It is the country structure segment that performs badly in the overall IBER for Argentina. With a recent change in presidency, there is a
possibility that this will improve.
Over the forecast period, we anticipate that non-life premiums will grow by 14% annually in local
currency terms and by 13% in US$ terms. Life premiums are expected to increase by 6% annually in local
currency terms and by 5% in US$ terms. There are only modest increases expected in the penetration of
non-life: 1.8% to 2.0% during the same forecast period. Of interest is that we the penetration rate of life
premiums is forecast to fall from 0.8% to 0.6%.
The competitive landscape, in both the non-life and the life segment, is fragmented. Both segments are
open to participation by foreign groups. It is likely that the landscape will change dramatically in the next
few years, possibly after considerable consolidation. This means that there is opportunity for cross-border
operations that currently have a relatively small presence to become major players in the market. We do
not however, expect any completely new market entrants.
The election of a new President provides the opportunity for economic and political reform to be
reinvigorated. This should have positive flow-on effects for the insurance market. Increased transparency
has been campaigned on as an issue. However, it remains to be seen if it will be implemented. It does
appear that the new government will be more outward-looking than the previous Kirchner Presidency.
Although there a strong growth forecasts for Argentina, these are not at the moment translating into high
growth rates for the insurance market.
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Contents of the Argentina Insurance Report
[TOP]
Chapter 1 - The Sector At A Glance
Table: Overview
Key Features Of This Report & Likely Future Changes
Chapter 2 - Latest News
Recent Developments
Chapter 3 - Evolution Since The Mid-1990s
Table: Evolution Of The Insurance Sector (in millions of currency specified)
Evolution
Chapter 4 - Projections And Forecasts
Table: BMI Projections (in millions of currency specified)
Projections And Drivers Of Growth
Chapter 5 - Macroeconomic Outlook
Table: Argentina - Economic Activity
Chapter 6 - Country Update
Political Risk - Kirchners Coup
Economic Risk - Fiscal Imbalance?
Business Environment Underperformer
Chapter 7 - Analysis of Competitive Conditions
Table: Non-Life Segment Rankings of Markets
Table: Presence Of Cross-Border Insurers Non-Life
Table: Selected Local Non-Life Insurers
Country Overview Argentina Life Segment
Table: Life Segment Rankings of Markets
Table: Presence Of Cross-Border Insurers Life
Table: Selected Local Life Insurers
Whos who in the Latin American region?
Chapter 8 - Regional Context
Table: Regional Context Premiums
Table: Regional Context Total Premiums
Chapter 9 - Methodology And Objectives
Introduction
Background
Forecasts
Chapter 10 - Appendix
Table: Latest Estimates / Actual Figures For 2005
Table: Latest Estimates For 2010
Table: Latest Estimates For 2005-2010
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Competitive Landscape for Latin America Insurance Reports: Sample of Companies Ranked
[TOP]
A cross-border overview of key players and their insurance
market share across Latin America. Tables and graphs show country presence of
multinationals across the region. Comparative company analyses and rankings by
premium income (life and non-life). Company SWOTS for leading life and non-life
insurers, covering network of offices, presence of foreign
stakeholders, strategic relationships, joint ventures; portfolio of clients;
diversity of product range; profit growth, investment strategy and risk exposure.
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[TOP]
BMI's Latin American Insurance Reports are based on an extensive
network of multilateral organisations, government departments, insurance
industry associations, chambers of commerce and company reports. Information
sources include:
* Central Bank of Peru (BCRA)
* Central Bank of Venezuela (BCV)
* Comision Nacional de Seguros y Fianzas (CNSF), Mexico
* Eastern Caribbean Central Bank (ECCB)
* Economy & Finance Ministry (MEF), Peru
* FENASEG, Brazil
* International Monetary Fund (IMF)
* Ministry of Economy & Production (MECON), Argentina
* Ministry of Finance & Public Credit (SHCP), Mexico
* Ministry of Finance & Public Credit, Colombia
* National Institute of Geography & Statistics (IGBE), Brazil
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* National Statistics Institute (DANE)
* National Statistics Institute (INDEC), Argentina
* National Statistics Institute (INE), Chile
* National Statistics Institute (INEGI)
* National Statistics Institute (INEI), Peru
* Superintendencia de Seguros de la Nacion, Argentina
* SUSEP, Brazil
* World Bank
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Read about our other Insurance Reports
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Australia, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam |
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Bulgaria, Croatia, Czech Republic, Estonia, Germany, Greece, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, UK, Ukraine |
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Bahrain, Egypt, Iran, Israel, Jordan & Lebanon, Kuwait, Nigeria, North Africa, Oman, Qatar, Saudi Arabia, South Africa, Turkey, UAE |
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Argentina, Bermuda, Brazil, Caribbean, Mexico |
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 Business Monitor International A Market Leader in Country Risk, Industry Intelligence and Company Research Mermaid House, 2 Puddle Dock, Blackfriars, London EC4V 3DS, UK | BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world. Country Risk Analysis and Forecasts BMI has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets. Industry Intelligence and Market Research BMI's industry research covers Automotives; Banking; Chemicals; Defence & Security; Food & Drink; Freight Transport; Information Technology; Infrastructure; Insurance; Mining; Oil & Gas; Petrochemicals; Pharmaceuticals & Healthcare; Power; Telecommunications, and Tourism. Company Research BMI maintains a fully-researched 55,000-site database of multinational company subsidiaries located across global markets. |
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