Download presentation
Presentation is loading. Please wait.
Published byAbigayle Boyd Modified over 6 years ago
1
Andrea Keenan Assistant Vice President, Economic & Industry Research
XXIII Asamblea Annual de ASSAL Round Table Discussion: Market Developments April 25, 2012 Andrea Keenan Assistant Vice President, Economic & Industry Research
2
Talking Points Insurance Market Potential
Global comparison Aggregate growth drivers Country Risk and Obstacles to Growth How risk assessment is developed Country risk in the region
3
Economic Growth in Latin America
4
Premium Growth in Latin America
Projection
5
GDP Per Capita Drives Insurance Market Penetration
6
GDP Per Capita in Latin America
Trendline
7
Country Risk The risk that country-specific factors could adversely affect an insurer’s ability to pay its financial obligations CRT-1 Economic Risk Macroeconomy Prospects Government Finance Political Risk Business Environment Government Stability Social Stability Legal System Financial System Risk Non-Insurance Insurance Banking System Reporting Standards & Regulation Sovereign Debt Government & Legislation Supervisory Authority Insurer Accountability Lowest Risk CRT-3 Moderate Risk Quick overview CRT-5 Highest Risk
8
Country Risk in Latin America
CRT Argentina 4 Guatemala 5 Bolivia Honduras Brazil 3 Mexico Chile 2 Nicaragua Columbia Panama Costa Rica Peru Ecuador Venezuela El Salvador
9
Country Risk Relates to Insurance Market Development
10
Corruption Perceptions Index World Bank Doing Business
Political Risks Corruption Perceptions Index (higher score implies less perception of corruption) World Bank Doing Business Rank out of 183 countries
11
Degree of Government Intervention
World Average
12
For additional information
Andrea Keenan
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.