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Cayman Islands Insurance Industry - Key Trends and Opportunities to 2027

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    Report

  • 54 Pages
  • April 2023
  • GlobalData
  • ID: 5807446
The publisher's 'Cayman Islands Insurance Industry - Key Trends and Opportunities to 2027' report provides in-depth market analysis, information, and insights into the Cayman Island insurance industry.

The report provides a detailed outlook by product category for the Cayman Islands insurance industry.

It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the review period (2018-22) and forecast period (2023-27).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Cayman Islands economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the publisher's research, modeling, and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

  • Key insights and dynamics of the Cayman Islands insurance industry
  • A comprehensive overview of the Cayman Islands economy, government initiatives, and investment opportunities
  • The Cayman Islands insurance regulatory framework's evolution, key facts, taxation regime, licensing, and capital requirements
  • The Cayman Islands insurance industry's market structure giving details of lines of business
  • Cayman Islands' reinsurance business's market structure giving details of premium ceded along with cession rates

Scope

This report provides a comprehensive analysis of the Cayman Islands insurance industry:
  • It provides historical values for the Cayman Islands insurance industry for the report's 2018-22 review period, and projected figures for the 2023-27 forecast period
  • It offers a detailed analysis of the key categories in the Cayman Islands insurance industry and market forecasts to 2027
  • It profiles the top life insurance companies in Cayman Islands and outlines the key regulations affecting them

Reasons to Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Cayman Islands insurance industry, and each category within it
  • Understand the demand-side dynamics, key market trends, and growth opportunities in the Cayman Islands insurance industry
  • Assess the competitive dynamics in the Cayman Islands insurance industry
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Regulation and Compliance
  • Key Market Trends
  • Life Insurance: Trends and KPIs
  • General Insurance: Trends and KPIs
  • General Insurance: Key Trends by LOB
  • Competitive Landscape
  • Reinsurance
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • British Caymanian Insurance Co. Ltd
  • Cayman First Insurance Co. Ltd
  • Saxon Motor & General Insurance Co. Ltd