Sri Lankan Insurance coverage Sector Analysis

18 Oct

RNCOS has not too long ago additional a new Market Analysis Report titled, Sri Lankan Insurance coverage Business Examination to its report gallery. Sri Lanka insurance market is witnessing a robust growth inclination in excess of the past number of years on the back of growing insurance awareness, rise in per capita cash flow and economic growth. Furthermore, the sector is expected to touch the pinnacle of good results in coming many years with ever rising life insurance penetration, emergence of on-line insurance coverage providers and rising foreign investment in the market.

According to our investigation report, Sri Lankan Insurance Business Assessment, the Insurance Industry in Sri Lanka is dominated by standard insurance coverage segment that witnessed 23% development in its gross composed premium in 2011, compared to the earlier year. The industry is expected to grow at a important fee in the coming years with gross published premium (GWP) increasing at a CAGR of about 21% during 2012-2015. Our report entails comprehensive examination of industry segments like long expression and common insurance along with their forecast.

As per our findings, motor insurance coverage prospects the standard insurance coverage business in Sri Lanka accounting for a lot more than half of the basic insurance coverage marketplace. An in-depth assessment of common insurance coverage segments which includes fire, marine, motor, and so on along with their forecast has been covered in the report. Market place performance of public vs private insurance firms is also coated in our examination. Apart from this, our research supplies the research of reinsurance marketplace coupled with its section-clever growth.

To give a far better insight of market, the report also reports the existing distribution channel of insurance sector in the country which incorporates Broker, Agents & Bancassurance. It also describes the potential growth locations of insurance coverage industry, this kind of as rising opportunities in the field of Takaful & Well being insurance etc.

Our report, Sri Lankan Insurance Business Analysis, addresses all the essential elements that depict a comprehensive image of the insurance coverage industry. It supplies a total insight of countrys insurance coverage industry such as present regulatory environment and issues for insurance business.

Final but not the least, a snapshot of key gamers is also coated with their enterprise description and strengths and weaknesses to give an insight into the current market trends.

For Free SAMPLE of this report go to:

Some of our Associated Reports are:

– Booming Health Insurance coverage in India ()
– Saudi Arabia Insurance coverage Marketplace Assessment ()
– Poland Insurance Market place Forecast to 2014 ()
– Vietnam Insurance coverage Sector Forecast to 2014 ()
– South African Insurance Industry Forecast to 2013 ()

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About RNCOS

RNCOS specializes in Market intelligence and inventive answers for modern organization segments. Our experts analyze the industry and its numerous elements, with a comprehensive examine of the modifying market place conduct. Our accuracy and data precision proves helpful in terms of pricing and time management that aid the intending consultants in meeting their objectives in a expense-successful and timely manner.

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