Motor Insurance in Cape Verde to 2021: Market Size, Growth and Forecast Analytics

Motor Insurance in Cape Verde to 2021: Market Size, Growth and Forecast Analytics

  • November 2017 •
  • 45 pages •
  • Report ID: 5223371 •
  • Format: PDF
Synopsis
Timetric’s "Motor Insurance in Cape Verde to 2021: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Motor Insurance in Cape Verde. This databook provides values for key performance indicators such as policies and premiums (gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies), expenses (incurred loss and loss ratio (%)) and segmented by product type (motor hull & motor third party liability).

The research handbook provides the up-to-date market data for period 2012-2016 and illustrative forecast to 2021. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.

Summary
A contract by which the insurer assumes the risk of any loss the owner or operator of a vehicle and third party may incur through damage to property or persons as the result of an accident.

The total amount of gross written premiums in the motor insurance in Cape Verde is valued at CVExxx.xx billion (US$xxx.xx billion) in 2016, which is a decrease of -x.xx% from 2012. The category has recorded a CARC of -x.xx% during the review period (2012-2016).

Motor Insurance in Cape Verde to 2021: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in Cape Verde. It is an essential tool for companies active across the Cape Verde value chain and for new players considering to enter the market.

Scope
Motor Insurance in Cape Verde to 2021: Market Size, Growth and Forecast Analytics provides you with the following:
• Overall values of policies and premiums and expenses in the Motor Insurance
• Values of policies and premiums by product type (motor hull & motor third party liability).

Reasons To Buy
• Understand the non-life insurance industry covering motor insurance life in Cape Verde.
• Enhance your knowledge of the market with a breakdown of data including gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies, incurred loss and loss ratio (%) and segmented by product type (motor hull & motor third party liability).
• Allows you to plan future business decisions using the forecast figures given for the segment.
• The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.
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