Non-Life Insurance in Argentina, Trends and Opportunities to 2016

The report provides in-depth market analysis, information and insights into the Argentine non-life insurance market, including:

• The Argentine non-life insurance market’s growth prospects by non-life insurance categories
• The various distribution channels in the Argentine non-life insurance market
• The competitive landscape in the non-life insurance market in Argentina
• A description of the non-life reinsurance market in Argentina

Summary

The Argentine non-life insurance segment recorded a double digit CAGR during the review period (2007–2011). This was supported by Argentina’s economic growth, expanding construction and real estate industries, increasing awareness of the benefits of insurance products and favorable demographic changes such as a growing middle-class population. Over the forecast period (2012–2016), the segment is expected to continue its double digit growth and will be driven by the country’s expanding real estate and automobile industries, increasing employment opportunities and industrial growth. Property insurance accounted for the largest market share during the review period and is expected to remain the largest non-life insurance category over the forecast period.

Scope

This report provides a comprehensive analysis of the non-life insurance market in Argentina:

• It provides historical values for Argentine non-life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key sub-segments in the Argentine non-life insurance market, along with market forecasts until 2016
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for non-life insurance products in Argentina
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Argentina for the non-life insurance business
• It provides a detailed analysis of the reinsurance market in Argentina and its growth prospects
• It profiles the top non-life insurance companies in Argentina and outlines the key regulations affecting them

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Argentine non-life insurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Argentine non-life insurance market
• Assess the competitive dynamics in the non-life insurance market, along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Argentine insurance market and its impact on companies and the market's future

Key Highlights

• The Argentine non-life insurance segment grew at a healthy CAGR during the review period (2007–2011) and was supported by Argentina’s economic growth, expanding construction and real estate industries, increasing awareness of the benefits of insurance products and favorable demographic changes such as a growing middle-class population
• Property insurance accounted for the largest market share of 50.9% of the total non-life insurance written premiums in 2011 and is expected to remain the largest non-life insurance category over the forecast period. The motor insurance category was second to property insurance and accounted for a share of 44.1%
• Traditionally, most non-life insurance policies in Argentina have been sold through other distribution channels such as brokers and automobile dealers, followed by agencies and direct marketing. However, with rising consumer awareness about the benefits of non-life insurance and the increasing number of people with access to banks, the bancassurance channel is expected to generate the highest growth of new non-life insurance written premium
• There were 118 companies operating in the Argentine non-life insurance segment in 2010. The presence of both domestic and foreign companies makes the segment competitive
• The non-life segment is fragmented with the ten leading companies accounting for a share of 52.9% of the total non-life insurance written premium in 2010

Table of Contents

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Argentine Insurance Industry Attractiveness
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments

4 Non-Life Insurance Market Outlook
4.1 Non-Life Insurance Growth Prospects by Category
4.2 Property Insurance Market Size, 2007–2011
4.2.1 Fire and allied perils insurance sub-category
4.2.2 Engineering insurance sub-category
4.2.3 Agriculture insurance sub-category
4.2.4 Other property insurance sub-category
4.3 Motor Insurance Market Size, 2007–2016
4.3.1 Motor hull insurance sub-category
4.3.2 Motor third-party insurance sub-category
4.4 General Third-Party Insurance Market Size, 2007–2016
4.5 Marine, Aviation and Transit Insurance Market Size, 2007–2016
4.5.1 Marine insurance sub-category
4.5.2 Aviation insurance sub-category
4.5.3 Transit insurance sub-category

5 Analysis by Distribution Channels
5.1 Direct marketing channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 Other Distribution Channels

6 Regulatory Policies

7 Porter’s Five Forces Analysis – Argentinean Non-Life Insurance
7.1 Bargaining Power of Supplier: low to medium
7.2 Bargaining Power of Buyer: medium
7.3 Barriers to Entry: low
7.4 Intensity of Rivalry: medium
7.5 Threat of Substitutes: low

8 Reinsurance Growth Dynamics and Challenges
8.1 Reinsurance market size by category, 2007–2016
8.2 Reinsurance market size by insurance segment, 2007–2016

9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the Argentinean Non-Life Insurance Market
9.3 Federacion Patronal Seguros S.A. – Company Overview
9.3.1 Federacion Patronal Seguros S.A.  – Key facts
9.3.2 Federacion Patronal Seguros S.A.  – Main products
9.3.3 Federacion Patronal Seguros S.A.  – Main competitors
9.3.4 Federacion Patronal Seguros S.A.  – Key employees
9.4 Mapfre Argentina Seguros De Vida S.A. – Company Overview
9.4.1 Mapfre Argentina Seguros De Vida S.A. – Key facts
9.4.2 Mapfre Argentina Seguros De Vida S.A. – Main products
9.4.3 Mapfre Argentina Seguros De Vida S.A. – Main competitors
9.4.4 Mapfre Argentina Seguros De Vida S.A. – Key employees
9.5 HSBC La Buenos Aires Seguros S.A. – Company Overview
9.5.1 HSBC La Buenos Aires Seguros S.A. –Key facts
9.5.2 HSBC La Buenos Aires Seguros S.A. – Main products
9.5.3 HSBC La Buenos Aires Seguros S.A. – Main competitors
9.5.4 HSBC La Buenos Aires Seguros S.A. – Key employees
9.6 La Meridional Seguros De Argentina – Company Overview
9.6.1 La Meridional Seguros De Argentina – Key facts
9.6.2 La Meridional Seguros De Argentina – Main products
9.6.3 La Meridional Seguros De Argentina – Main competitors
9.6.4 La Meridional Seguros De Argentina – Key employees
9.7 San Cristobal SMSG – Company Overview
9.7.1 San Cristobal SMSG – Key facts
9.7.2 San Cristobal SMSG – Main products
9.7.3 San Cristobal SMSG – Main competitors
9.7.4 San Cristobal SMSG – Key employees

10 Business Environment and Country Risk
10.1 Business Confidence
10.1.1 Market capitalization trend – the Buenos Aries stock exchange, Argentina
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP by key sectors
10.2.6 Agriculture net output at current prices (Argentine peso)
10.2.7 Agriculture net output at current prices (US dollar)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Argentine peso)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Argentine peso)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
10.2.15 Construction net output at current prices (Argentine peso)
10.2.16 Construction net output at current prices, (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Inflation rate
10.2.19 Fiscal balance as a percentage of GDP
10.2.20 Current account balance as a percentage of GDP
10.2.21 Exports as a percentage of GDP
10.2.22 Imports as a percentage of GDP
10.2.23 Exports growth
10.2.24 Imports growth
10.2.25 External debt as a percentage of GDP
10.2.26 Annual average exchange rate (US$–ARS)
10.2.27 End-of-period exchange rate (US$–ARS)
10.3 Infrastructure Quality and Availability
10.3.1 Total airports and sea ports
10.3.2 Railways and roadways
10.3.3 Passenger vehicle production volume
10.3.4 Commercial vehicle production volume
10.3.5 Automobile component exports
10.3.6 Automobile component imports trend
10.3.7 Healthcare expenditure
10.3.8 Healthcare expenditure as a percentage of GDP
10.3.9 Healthcare expenditure per capita
10.3.10 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Female percentage of population
10.5.6 Male percentage of population
10.5.7 Mean age of the population
10.5.8 Median age of population
10.5.9 Population density
10.5.10 Age distribution of the total population
10.5.11 Age distribution of the male population
10.5.12 Age distribution of the female population
10.5.13 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism index
10.6.3 Transparency index

11 Appendix
11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Argentine Insurance – Overall Written Premium by Insurance Segment (ARS Billion), 2007–2011
Table 3: Argentine Insurance – Overall Written Premium by Insurance Segment (US$ Billion), 2007–2011
Table 4: Argentine Insurance – Overall Written Premium by Insurance Segment (ARS Billion), 2011–2016
Table 5: Argentine Insurance – Overall Written Premium by Insurance Segment (US$ Billion), 2011–2016
Table 6: Argentine Insurance – Segmentation (% Share), 2007–2016
Table 7: Non-Life Insurance – Written Premium by Category (ARS Billion), 2007–2011
Table 8: Non-Life Insurance – Written Premium by Category (US$ Billion), 2007–2011
Table 9: Non-Life Insurance – Written Premium by Category (ARS Billion), 2011–2016
Table 10: Non-Life Insurance – Written Premium by Category (US$ Billion), 2011–2016
Table 11: Non-Life Insurance – Incurred Loss (ARS Billion), 2007–2011
Table 12: Non-Life Insurance – Incurred Loss (ARS Billion), 2011–2016
Table 13: Non-Life Insurance – Loss Ratio (%), 2007–2011
Table 14: Non-Life Insurance – Loss Ratio (%), 2011–2016
Table 15: Non-Life Insurance – Commissions and Expenses (ARS Billion), 2007–2011
Table 16: Non-Life Insurance – Commissions and Expenses (ARS Billion), 2011–2016
Table 17: Non-Life Insurance – Combined Ratio (%), 2007–2011
Table 18: Non-Life Insurance – Combined Ratio (%), 2011–2016
Table 19: Non-Life Insurance – Frauds and Crimes (ARS Billion), 2007–2011
Table 20: Non-Life Insurance – Frauds and Crimes (ARS Billion), 2011–2016
Table 21: Non-Life Insurance – Total Assets (ARS Billion), 2007–2011
Table 22: Non-Life Insurance – Total Assets (ARS Billion), 2011–2016
Table 23: Non-Life Insurance – Total Investment Income (ARS Billion), 2007–2011
Table 24: Non-Life Insurance – Total Investment Income (ARS Billion), 2011–2016
Table 25: Non-Life Insurance – Retentions (ARS Billion), 2007–2011
Table 26: Non-Life Insurance – Retentions (ARS Billion), 2011–2016
Table 27: Property Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2011
Table 28: Property Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 29: Property Insurance – Written Premium by Sub-Category (ARS Billion), 2011–2016
Table 30: Property Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 31: Fire and Allied Perils Insurance – Policies Sold (Thousand), 2007–2011
Table 32: Fire and Allied Perils Insurance – Policies Sold (Thousand), 2011–2016
Table 33: Fire and Allied Perils Insurance – Written Premium (ARS Billion), 2007–2011
Table 34: Fire and Allied Perils Insurance – Written Premium (ARS Billion), 2011–2016
Table 35: Engineering Insurance – Policies Sold (Thousand), 2007–2011
Table 36: Engineering Insurance – Policies Sold (Thousand), 2011–2016
Table 37: Engineering Insurance – Written Premium (ARS Billion), 2007–2011
Table 38: Engineering Insurance – Written Premium (ARS Billion), 2011–2016
Table 39: Agriculture Insurance – Policies Sold (Thousand), 2007–2011
Table 40: Agriculture Insurance – Policies Sold (Thousand), 2011–2016
Table 41: Agriculture Insurance – Written Premium (ARS Billion), 2007–2011
Table 42: Agriculture Insurance – Written Premium (ARS Billion), 2011–2016
Table 43: Other Property Insurance – Policies Sold (Thousand), 2007–2011
Table 44: Other Property Insurance – Policies Sold (Thousand), 2011–2016
Table 45: Other Property Insurance – Written Premium (ARS Billion), 2007–2011
Table 46: Other Property Insurance – Written Premium (ARS Billion), 2011–2016
Table 47: Motor Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2011
Table 48: Motor Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 49: Motor Insurance – Written Premium by Sub-Category (ARS Billion), 2011–2016
Table 50: Motor Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 51: Motor Hull Insurance – Policies Sold (Thousand), 2007–2011
Table 52: Motor Hull Insurance – Policies Sold (Thousand), 2011–2016
Table 53: Motor Hull Insurance – Written Premium (ARS Billion), 2007–2011
Table 54: Motor Hull Insurance – Written Premium (ARS Billion), 2011–2016
Table 55: Motor Third-Party Insurance – Policies Sold (Thousand), 2007–2011
Table 56: Motor Third-Party Insurance – Policies Sold (Thousand), 2011–2016
Table 57: Motor Third-Party Insurance – Written Premium (ARS Billion), 2007–2011
Table 58: Motor Third-Party Insurance – Written Premium (ARS Billion), 2011–2016
Table 59: General Third-Party Insurance – Policies Sold (Thousand), 2007–2011
Table 60: General Third-Party Insurance – Policies Sold (Thousand), 2011–2016
Table 61: General Third-Party Insurance – Written Premium (ARS Billion), 2007–2011
Table 62: General Third-Party Insurance – Written Premium (ARS Billion), 2011–2016
Table 63: Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2011
Table 64: Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 65: Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (ARS Billion), 2011–2016
Table 66: Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 67: Marine Insurance – Policies Sold (Thousand), 2007–2011
Table 68: Marine Insurance – Policies Sold (Thousand), 2011–2016
Table 69: Marine Insurance – Written Premium (ARS Billion), 2007–2011
Table 70: Marine Insurance – Written Premium (ARS Billion), 2011–2016
Table 71: Aviation Insurance – Policies Sold (Thousand), 2007–2011
Table 72: Aviation Insurance – Policies Sold (Thousand), 2011–2016
Table 73: Aviation Insurance – Written Premium (ARS Billion), 2007–2011
Table 74: Aviation Insurance – Written Premium (ARS Billion), 2011–2016
Table 75: Transit Insurance – Policies Sold (Thousand), 2007–2011
Table 76: Transit Insurance – Policies Sold (Thousand), 2011–2016
Table 77: Transit Insurance – Written Premium (ARS Billion), 2007–2011
Table 78: Transit Insurance – Written Premium (ARS Billion), 2011–2016
Table 79: Non-Life Insurance – Direct Marketing Commission Paid (ARS Billion), 2007–2011
Table 80: Non-Life Insurance – Direct Marketing Commission Paid (ARS Billion), 2011–2016
Table 81: Non-Life Insurance – Written Premium Through Direct Marketing (ARS Billion), 2007–2011
Table 82: Non-Life Insurance – Written Premium Through Direct Marketing (ARS Billion), 2011–2016
Table 83: Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Table 84: Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 85: Non-Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 86: Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 87: Non-Life Insurance – Bancassurance Commission Paid (ARS Billion), 2007–2011
Table 88: Non-Life Insurance – Bancassurance Commission Paid (ARS Billion), 2011–2016
Table 89: Non-Life Insurance – Written Premium Through Bancassurance (ARS Billion), 2007–2011
Table 90: Non-Life Insurance – Written Premium Through Bancassurance (ARS Billion), 2011–2016
Table 91: Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 92: Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 93: Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Table 94: Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Table 95: Non-Life Insurance – Agencies Commission Paid (ARS Billion), 2007–2011
Table 96: Non-Life Insurance – Agencies Commission Paid (ARS Billion), 2011–2016
Table 97: Non-Life Insurance – Written Premium Through Agencies (ARS Billion), 2007–2011
Table 98: Non-Life Insurance – Written Premium Through Agencies (ARS Billion), 2011–2016
Table 99: Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 100: Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 101: Non-Life Insurance – Number of Agencies, 2007–2011
Table 102: Non-Life Insurance – Number of Agencies, 2011–2016
Table 103: Non-Life Insurance – Commission Paid to Other Channels (ARS Billion), 2007–2011
Table 104: Non-Life Insurance – Commission Paid to Other Channels (ARS Billion), 2011–2016
Table 105: Non-Life Insurance – Written Premium Through Other Channels (ARS Billion), 2007–2011
Table 106: Non-Life Insurance – Written Premium Through Other Channels (ARS Billion), 2011–2016
Table 107: Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 108: Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 109: Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Table 110: Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Table 111: Argentina Reinsurance – Market Size by Category (ARS Billion), 2007–2011
Table 112: Argentina Reinsurance – Market Size by Category (US$ Billion), 2007–2011
Table 113:  Argentina Reinsurance – Market Size by Category (ARS Billion), 2011–2016
Table 114: Argentina Reinsurance – Market Size by Category (US$ Billion), 2011–2016
Table 115: Argentine Reinsurance – Premium Ceded by Insurance Segment (ARS Billion), 2007–2011
Table 116: Argentine Reinsurance – Premium Ceded by Insurance Segment (US$ Billion), 2007–2011
Table 117: Argentine Reinsurance – Premium Ceded by Insurance Segment (ARS Billion), 2011–2016
Table 118: Argentine Reinsurance – Premium Ceded by Insurance Segment (US$ Billion), 2011–2016
Table 119: Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 120: Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 121: Argentine Non-Life Insurance Market Share (%), 2010
Table 122: Federacion Patronal Seguros S.A., Key Facts
Table 123: Federacion Patronal Seguros S.A., Main Products
Table 124: Federacion Patronal Seguros S.A., Key Employees
Table 125: Mapfre Argentina Seguros De Vida S.A., Key Facts
Table 126: Mapfre Argentina Seguros De Vida S.A., Main Products
Table 127: Mapfre Argentina Seguros De Vida S.A., Key Employees
Table 128: HSBC La Buenos Aires Seguros S.A., Key Facts
Table 129: HSBC La Buenos Aires Seguros S.A., Main Products
Table 130: HSBC La Buenos Aires Seguros S.A., Key Employees
Table 131: La Meridional Seguros De Argentina, Key Facts
Table 132: La Meridional Seguros De Argentina, Main Products
Table 133: La Meridional Seguros De Argentina, Key Employees
Table 134: San Cristobal SMSG, Key Facts
Table 135: San Cristobal SMSG, Main Products
Table 136: San Cristobal SMSG, Key Employees

List of Figures

Figure 1: Argentine Insurance – Overall Written Premium by Insurance Segment (ARS Billion), 2007–2016
Figure 2: Argentine Insurance – Market Dynamics by Insurance Segment, 2007–2016
Figure 3: Non-Life Insurance – Written Premium by Category (ARS Billion), 2007–2016
Figure 4: Non-Life Insurance – Written Premium by Category (% Share), 2011 and 2016
Figure 5: Non-Life Insurance – Market Dynamics by Category, 2007–2016
Figure 6: Non-Life Insurance – Incurred Loss (ARS Billion), 2007–2011
Figure 7: Non-Life Insurance – Incurred Loss (ARS Billion), 2011–2016
Figure 8: Non-Life Insurance – Loss Ratio (%), 2007–2011
Figure 9: Non-Life Insurance – Loss Ratio (%), 2011–2016
Figure 10: Non-Life Insurance – Commissions and Expenses (ARS Billion), 2007–2011
Figure 11: Non-Life Insurance – Commissions and Expenses (ARS Billion), 2011–2016
Figure 12: Non-Life Insurance – Combined Ratio (%), 2007–2011
Figure 13: Non-Life Insurance – Combined Ratio (%), 2011–2016
Figure 14: Non-Life Insurance – Frauds and Crimes (ARS Billion), 2007–2011
Figure 15: Non-Life Insurance – Frauds and Crimes (ARS Billion), 2011–2016
Figure 16: Non-Life Insurance – Total Assets (ARS Billion), 2007–2011
Figure 17: Non-Life Insurance – Total Assets (ARS Billion), 2011–2016
Figure 18: Non-Life Insurance – Total Investment Income (ARS Billion), 2007–2011
Figure 19: Non-Life Insurance – Total Investment Income (ARS Billion), 2011–2016
Figure 20: Non-Life Insurance – Retentions (ARS Billion), 2007–2011
Figure 21: Non-Life Insurance – Retentions (ARS Billion), 2011–2016
Figure 22: Non-Life Insurance – Investment by Type (ARS Billion), 2007–2011
Figure 23: Non-Life Insurance – Investment by Type (% Share), 2007 and 2011
Figure 24: Non-Life Insurance – Density and Penetration (%), 2007–2011
Figure 25: Non-Life Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 26: Non-Life Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 27: Non-Life Insurance – Premium Per Capita (ARS), 2007–2011
Figure 28: Property Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2016
Figure 29: Property Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 30: Fire and Allied Perils Insurance – Policies Sold (Thousand), 2007–2011
Figure 31: Fire and Allied Perils Insurance – Policies Sold (Thousand), 2011–2016
Figure 32: Fire and Allied Perils Insurance – Written Premium (ARS Billion), 2007–2011
Figure 33: Fire and Allied Perils Insurance – Written Premium (ARS Billion), 2011–2016
Figure 34: Engineering Insurance – Policies Sold (Thousand), 2007–2011
Figure 35: Engineering Insurance – Policies Sold (Thousand), 2011–2016
Figure 36: Engineering Insurance – Written Premium (ARS Billion), 2007–2011
Figure 37: Engineering Insurance – Written Premium (ARS Billion), 2011–2016
Figure 38: Agriculture Insurance – Policies Sold (Thousand), 2007–2011
Figure 39: Agriculture Insurance – Policies Sold (Thousand), 2011–2016
Figure 40: Agriculture Insurance – Written Premium (ARS Billion), 2007–2011
Figure 41: Agriculture Insurance – Written Premium (ARS Billion), 2011–2016
Figure 42: Other Property Insurance – Policies Sold (Thousand), 2007–2011
Figure 43: Other Property Insurance – Policies Sold (Thousand), 2011–2016
Figure 44: Other Property Insurance – Written Premium (ARS Billion), 2007–2011
Figure 45: Other Property Insurance – Written Premium (ARS Billion), 2011–2016
Figure 46: Motor Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2016
Figure 47: Motor Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 48: Motor Hull Insurance – Policies Sold (Thousand), 2007–2011
Figure 49: Motor Hull Insurance – Policies Sold (Thousand), 2011–2016
Figure 50: Motor Hull Insurance – Written Premium (ARS Billion), 2007–2011
Figure 51: Motor Hull Insurance – Written Premium (ARS Billion), 2011–2016
Figure 52: Motor Third-Party Insurance – Policies Sold (Thousand), 2007–2011
Figure 53: Motor Third-Party Insurance – Policies Sold (Thousand), 2011–2016
Figure 54: Motor Third-Party Insurance – Written Premium (ARS Billion), 2007–2011
Figure 55: Motor Third-Party Insurance – Written Premium (ARS Billion), 2011–2016
Figure 56: General Third-Party Insurance – Policies Sold (Thousand), 2007–2011
Figure 57: General Third-Party Insurance – Policies Sold (Thousand), 2011–2016
Figure 58: General Third-Party Insurance – Written Premium (ARS Billion), 2007–2011
Figure 59: General Third-Party Insurance – Written Premium (ARS Billion), 2011–2016
Figure 60: Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (ARS Billion), 2007–2016
Figure 61: Marine, Aviation and Transit Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 62: Marine Insurance – Policies Sold (Thousand), 2007–2011
Figure 63: Marine Insurance – Policies Sold (Thousand), 2011–2016
Figure 64: Marine Insurance – Written Premium (ARS Billion), 2007–2011
Figure 65: Marine Insurance – Written Premium (ARS Billion), 2011–2016
Figure 66: Aviation Insurance – Policies Sold (Thousand), 2007–2011
Figure 67: Aviation Insurance – Policies Sold (Thousand), 2011–2016
Figure 68: Aviation Insurance – Written Premium (ARS Billion), 2007–2011
Figure 69: Aviation Insurance – Written Premium (ARS Billion), 2011–2016
Figure 70: Transit Insurance – Policies Sold (Thousand), 2007–2011
Figure 71: Transit Insurance – Policies Sold (Thousand), 2011–2016
Figure 72: Transit Insurance – Written Premium (ARS Billion), 2007–2011
Figure 73: Transit Insurance – Written Premium (ARS Billion), 2011–2016
Figure 74: Non-Life Insurance New Business Written Premium by Distribution Channels (% Share), 2011 and 2016
Figure 75: Non-Life Insurance – Direct Marketing Commission Paid (ARS Billion), 2007–2011
Figure 76: Non-Life Insurance – Direct Marketing Commission Paid (ARS Billion), 2011–2016
Figure 77: Non-Life Insurance – Written Premium Through Direct Marketing (ARS Billion), 2007–2011
Figure 78: Non-Life Insurance – Written Premium Through Direct Marketing (ARS Billion), 2011–2016
Figure 79: Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 80: Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 81: Non-Life Insurance – Number of Direct Marketing Distributors 2007–2011
Figure 82: Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 83: Non-Life Insurance – Bancassurance Commission Paid (ARS Billion), 2007–2011
Figure 84: Non-Life Insurance – Bancassurance Commission Paid (ARS Billion), 2011–2016
Figure 85: Non-Life Insurance – Written Premium Through Bancassurance (ARS Billion), 2007–2011
Figure 86: Non-Life Insurance – Written Premium Through Bancassurance (ARS Billion), 2011–2016
Figure 87: Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 88: Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 89: Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 90: Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 91: Non-Life Insurance – Agencies Commission Paid (ARS Billion), 2007–2011
Figure 92: Non-Life Insurance – Agencies Commission Paid (ARS Billion), 2011–2016
Figure 93: Non-Life Insurance – Written Premium Through Agencies (ARS Billion), 2007–2011
Figure 94: Non-Life Insurance – Written Premium Through Agencies (ARS Billion), 2011–2016
Figure 95: Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 96: Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 97: Non-Life Insurance – Number of Agencies, 2007–2011
Figure 98: Non-Life Insurance – Number of Agencies, 2011–2016
Figure 99: Non-Life Insurance – Commission Paid to Other Channels (ARS Billion), 2007–2011
Figure 100: Non-Life Insurance – Commission Paid to Other Channels (ARS Billion), 2011–2016
Figure 101: Non-Life Insurance – Written Premium Through Other Channels (ARS Billion), 2007–2011
Figure 102: Non-Life Insurance – Written Premium Through Other Channels (ARS Billion), 2011–2016
Figure 103: Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 104: Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 105: Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 106: Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 107: Argentinean Non-Life Insurance: Five Forces Analysis
Figure 108: Argentina Reinsurance – Market Size by Category (ARS Billion), 2007–2016
Figure 109: Argentina Reinsurance – Market Size by Category (% Share), 2011 and 2016
Figure 110: Argentine Reinsurance – Market Dynamics by Category, 2007–2016
Figure 111: Argentine Reinsurance – Premium Ceded by Insurance Segment (ARS Billion), 2007–2016
Figure 112: Argentine Reinsurance – Market Dynamics by Insurance Segment, 2007–2016
Figure 113: Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 114: Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 115: Non-Life Insurance Market Share (%), 2009 and 2010
Figure 116: The Buenos Aries Stock Exchange – Market Capitalization (US$ Billion), 2007–2011
Figure 117: Argentine GDP at Constant Prices (US$ Billion), 2007–2016
Figure 118: Argentine GDP Per Capita at Constant Prices (US$), 2007–2016
Figure 119: Argentine GDP at Current Prices (US$ Billion), 2007–2016
Figure 120: Argentine GDP Per Capita at Current Prices (US$), 2007–2016
Figure 121: Argentine GDP by Key Sectors (%), 2009 and 2010
Figure 122: Argentine Agriculture Net Output at Current Prices (ARS Billion), 2007–2016
Figure 123: Argentine Agriculture Net Output at Current Prices (US$ Billion), 2007–2016
Figure 124: Argentine Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 125: Argentine Manufacturing Net Output at Current Prices (ARS Billion), 2007–2016
Figure 126: Argentine Manufacturing Net Output at Current Prices (US$ Billion), 2007–2016
Figure 127: Argentine Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 128: Argentine Mining, Manufacturing and Utilities Net Output at Current Prices (ARS Billion), 2007–2016
Figure 129: Argentine Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2016
Figure 130: Argentine Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 131: Argentine Construction Net Output at Current Prices (ARS Billion), 2007–2016
Figure 132: Argentine Construction Net Output at Current Prices (US$ Billion), 2007–2016
Figure 133: Argentine Construction Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 134: Argentine Inflation Rate (%), 2007–2016
Figure 135: Argentine Fiscal Balance as a Percentage of GDP(%), 2007–2011
Figure 136: Argentine Current Account Balance as a Percentage of GDP (%), 2007–2011
Figure 137: Argentine Exports as a Percentage of GDP (%), 2007–2016
Figure 138: Argentine Imports as a Percentage of GDP (%), 2007–2016
Figure 139: Argentine Exports Growth (%), 2007–2016
Figure 140: Argentine Imports Growth (%), 2007–2016
Figure 141: Argentine External Debt as a Percentage of GDP (%), 2007–2011
Figure 142: Argentine Annual Average Exchange Rate (US$–ARS), 2007–2011
Figure 143: Argentine End-of-Period Exchange Rate (US$–ARS), 2007–2011
Figure 144: Total Number of Argentine Airports and Sea Ports, 2010
Figure 145: Argentine Railways and Roadways (Kilometers), 2010
Figure 146: Argentine Passenger Vehicle Production Volume, 2007–2016
Figure 147: Argentine Commercial Vehicle Production Volume, 2007–2016
Figure 148: Argentine Automobile Component Exports (US$ Billion), 2007–2016
Figure 149: Argentine Automobile Component Imports (US$ Billion), 2007–2016
Figure 150: Argentine Healthcare Expenditure (US$ Billion), 2007–2016
Figure 151: Argentine Healthcare Expenditure as a Percentage of GDP (%), 2007–2016
Figure 152: Argentine Per Capita Healthcare Expenditure (US$), 2007–2016
Figure 153: Argentine Internet Subscriptions (Millions), 2007–2016
Figure 154: Argentine Labor Force Size (Million), 2007–2016
Figure 155: Argentine Unemployment Rate (%), 2007–2016
Figure 156: Argentine Annual Disposable Income (US$ Billion), 2007–2016
Figure 157: Argentine Annual Per Capita Disposable Income (US$), 2007–2016
Figure 158: Argentine Total Population (Million), 2007–2016
Figure 159: Argentine Urban and Rural Population (%), 2007–2016
Figure 160: Argentine Female Percentage of the Population (%), 2007–2016
Figure 161: Argentine Male Percentage of the Population (%), 2007–2016
Figure 162: Argentine Mean Age of Population (Years), 2007–2016
Figure 163: Argentine Median Age of Population (Years), 2007–2016
Figure 164: Argentine Population Density (per Square Kilometer), 2007–2016
Figure 165: Argentine Population Distribution by Age Group (%), 2007–2016
Figure 166: Argentine Male Population Distribution by Age (%), 2007–2016
Figure 167: Argentine Female Population Distribution by Age (%), 2007–2016
Figure 168: Total Number of Argentine Households (Million), 2007–2016
Figure 169: Global Terrorism Heat Map, 2011
Figure 170: Argentine Transparency Index, 2007–2011