The report provides in depth market analysis, information and insights into the insurance industry in Mongolia, including:
Summary
Mongolia has one of the fastest-growing economies in the world, with real GDP increasing from 6.4% in 2010 to 17.3% in 2011. According to the World Bank, the economy is expected to expand by 11.8% in 2012 and 16.2% in 2013, underpinned by developments in the mining industry. Led by economic growth, the Mongolian insurance industry registered a CAGR of 26.7% during the review period (2008 - 2012). However, the industry is relatively small and in its developmental stages; indeed, its first life insurance company: National Life Insurance Company LLC was established in 2008.
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Scope
This report provides a comprehensive analysis of the insurance industry in Mongolia:
Reasons To Buy
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Key Highlights
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- The Mongolian insurance industry’s growth prospects by insurance segments and categories
- The competitive landscape in the Mongolian insurance industry
- The current trends and drivers of the Mongolian insurance industry
- The challenges facing the Mongolian insurance industry
- The regulatory framework of the Mongolian insurance industry
Summary
Mongolia has one of the fastest-growing economies in the world, with real GDP increasing from 6.4% in 2010 to 17.3% in 2011. According to the World Bank, the economy is expected to expand by 11.8% in 2012 and 16.2% in 2013, underpinned by developments in the mining industry. Led by economic growth, the Mongolian insurance industry registered a CAGR of 26.7% during the review period (2008 - 2012). However, the industry is relatively small and in its developmental stages; indeed, its first life insurance company: National Life Insurance Company LLC was established in 2008.
To Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis/166387
Scope
This report provides a comprehensive analysis of the insurance industry in Mongolia:
- It provides historical values for the Mongolian insurance industry for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
- It offers a detailed analysis of the key segments and categories in the Mongolian insurance industry, along with industry forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Mongolia and outlines the key regulations affecting them
Reasons To Buy
- Make strategic business decisions using in depth historic and forecast industry data related to the Mongolian insurance industry and each segment within it
- Assess the competitive dynamics in the Mongolian insurance industry
- Understand the demand-side dynamics, key market trends and growth opportunities within the Mongolian insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Mongolian insurance industry and its impact on companies and the industry's future
To Buy the Copy Of This Report Visit: http://www.marketresearchreports.biz/analysis-details/the-insurance-industry-in-mongolia-key-trends-and-opportunities-to-2017
Key Highlights
- The non-life insurance segment accounted for the largest share of the total insurance written premium value in 2012
- The introduction of compulsory motor insurance in October 2012 is expected to result in a 30% expansion in the size of the motor insurance category
- Government-backed low-income housing projects, which commenced in 2009, provide 6% interest loans for first-time buyers and will increase the demand for property insurance
- Mongolia has one of the fastest-growing economies in the world
- The expansion of the mining industry is expected to generate a demand for insurance products
About Us
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
http://www.marketresearchreports.biz/
Blog: http://chinamarketreports.blogspot.com/
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