The report covers the analysis and forecast of the Latin-America vehicle insurance market on country level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Mn).
The study provides a detailed view of the Latin-America vehicle insurance market, by segmenting it based on by premiums, and country demand. Increasing sales of automobiles in countries present in Latin-America, has primarily led to the growth of vehicle insurance market. Moreover, government efforts to to make vehicle owners buy insurance policy for their vehicle, creates a huge opportunity for Latin-America vehicle insurance market during the projection period of 2017-2025.
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A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the Latin-America vehicle insurance market at the country levels. Market dynamics are the factors which impact the market growth, so their analysis helps understand the ongoing trends of the market. Therefore, the report provides the forecast of the Latin-America market for the period from 2017 to 2025, along with offering an inclusive study of the vehicle insurance market.
The report provides the size of the Latin-America vehicle insurance market in 2017 and the forecast for the next nine years up to 2025. The size of the Latin-America vehicle insurance market is provided in terms of revenue. Market revenue is defined in US$ Mn. The market dynamics prevalent in Brazil, Argentina, Colombia and rest of Latin-America has been taken into account in estimating the growth of the Latin-America market.
Market estimates for this study have been based on revenue being derived through regional pricing trends. The Latin-America vehicle insurance market has been analyzed based on expected demand. We have used the bottom-up approach to estimate the revenue of the Latin-America vehicle insurance market, split into countries. Based on premiums we have summed up the individual revenues from all the countries to achieve the revenue for Latin-America vehicle insurance. Companies were considered for the market share analysis, based on their innovation and revenue generation. In the absence of specific data related to the sales of Latin-America vehicle insurance several privately held companies, calculated assumptions have been made in view of the company’s penetration and regional presence.
The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the Latin-America market. Key players profiled in the report include Porto Seguro S.A., Bradesco Seguros, BrasilPrev, MetLife Inc. and few likely to be named.
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The Latin-America vehicle insurance market has been segmented into:
Latin America Vehicle Insurance Market: By Premiums
• Commercial Insurance Premiums
• Personal Insurance Premiums
• Third Party Insurance
Latin America Vehicle Insurance Market: By Vehicle
• Passenger Cars
• Commercial Vehicle
• Two Wheelers
Latin-America Vehicle Insurance Market: By Country
• Latin-America
o Brazil
o Argentina
o Colombia
o Rest of Latin-America
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