“• Although the Colombian reinsurance segment recorded a robust CAGR of 53.0% during the review period, it is still in the early stages of development.
• In the absence of domestic insurers, the segment is dominated by foreign reinsurers such as Scor Re, Mapfre Re, Hannover Re, Munich Re and Axa Re.
• In June 2013, the government permitted domestic companies to make reinsurance arrangements with international companies who are not operating or established in Colombia. This is likely to make the reinsurance segment more competitive, as it will provide insurers with more options.
• According to the World Bank, 85% of the Colombian population and assets are exposed to at least two or more natural catastrophes.
• Frequent natural disasters force reinsurers to review pricing strategies and increase property reinsurance renewal prices; this is projected to fuel growth in reinsurance over the forecast period.”
“1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Economy and Demographics
5 Reinsurance Growth Dynamics and Challenges
5.1 Reinsurance Segment Size, 2010–2019
5.2 Reinsurance Segment Size by Premium Ceded, 2010–2019
6 Key Industry Drivers
6.1 Reinsurance Drivers
6.2 Life Insurance Drivers
6.3 Non-Life Insurance Drivers
6.4 Personal Accident and Health Insurance Drivers
7 Natural Hazards
7.1 Floods
7.2 Earthquakes
7.3 Exposure
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.1.1 Scor Se – company overview
8.1.2 Mapfre Re – company overview
8.1.3 Hannover Rückversicherung AG – company overview
8.1.4 Münchener de Colombia SA – company overview
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric’s Services
9.5 Disclaimer”
“Table 1: Colombian Reinsurance – Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Colombian Government Credit Ratings
Table 4: Colombian Reinsurance – Premium Ceded by Type of Insurance (COP Billion), 2010–2014
Table 5: Colombian Reinsurance – Premium Ceded by Type of Insurance (US$ Million), 2010–2014
Table 6: Colombian Reinsurance – Premium Ceded by Type of Insurance (COP Billion), 2014–2019
Table 7: Colombian Reinsurance – Premium Ceded by Type of Insurance (US$ Million), 2014–2019
Table 8: Colombian Life Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Table 9: Colombian Life Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Table 10: Colombian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Table 11: Colombian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Table 12: Colombian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Table 13: Colombian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Table 14: Scor Re – Key Facts
Table 15: Mapfre Re – Key Facts
Table 16: Hannover Rückversicherung AG – Key Facts
Table 17: Münchener de Colombia SA – Key Facts”
“Figure 1: Colombian Real GDP (COP Trillion), 2010–2019
Figure 2: Colombian COP–US$ Exchange Rate, 2010–2019
Figure 3: Colombian Consumer Price Inflation (%), 2010–2019
Figure 4: Colombian Current Account Balance as Percentage of GDP (%), 2010–2019
Figure 5: Colombian Unemployment Rate (%), 2010–2019
Figure 6: Colombian Population by Age Group, 1990–2025
Figure 7: Colombian Reinsurance – Premium Accepted (COP Billion), 2010–2014
Figure 8: Colombian Reinsurance – Premium Accepted (COP Billion), 2014–2019
Figure 9: Colombian Reinsurance – Premium Ceded by Type of Insurance (COP Trillion), 2010–2019
Figure 10: Colombian Reinsurance – Premium Ceded Dynamics by Type of Insurance, 2010–2019
Figure 11: Colombian Life Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Figure 12: Colombian Life Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Figure 13: Colombian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Figure 14: Colombian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Figure 15: Colombian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2010–2014
Figure 16: Colombian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2014–2019
Figure 17: Colombia – Frequency and Economic Damages of Natural Disasters by Type, 1990–2014
Figure 18: Colombia – Frequency of Floods (by Type), 1990–2014″
