Jamaica Insurance Industry: Key Trends and Opportunities to 2028

Jamaica Insurance Industry: Key Trends and Opportunities to 2028

Summary

GlobalData’s 'Jamaica Insurance Industry: Key Trends and Opportunities to 2028’ report provides in-depth market analysis, information, and insights into the Jamaica insurance industry.

This report provides a detailed outlook by product category for the Jamaica 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 (2019-23) and forecast period (2024-2028).

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

The report brings together GlobalData’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 Jamaican insurance industry.
• A comprehensive overview of the Jamaican economy, government initiatives, and investment opportunities.
• The Jamaican insurance regulatory framework’s evolution, key facts, taxation regime, licensing, and capital requirements.
• The Jamaican insurance industry’s market structure giving details of lines of business.
• Jamaica's reinsurance business’s market structure giving details of premium ceded along with cession rates.

Scope

This report provides a comprehensive analysis of the Jamaica insurance industry -

• It provides historical values for the Jamaica insurance industry for the report’s 2019-23 review period, and projected figures for the 2024-28 forecast period.
• It offers a detailed analysis of the key categories in the Jamaica insurance industry and market forecasts to 2028.
• It profiles the top life insurance companies in Jamaica 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 Jamaica insurance industry, and each category within it.
• Understand the demand-side dynamics, key market trends, and growth opportunities in the Jamaica insurance industry.
• Assess the competitive dynamics in the Jamaica insurance industry.
• Identify growth opportunities and market dynamics in key product categories.