The Insurance Industry in Angola, Key Trends and Opportunities to 2019

Published: Dec, 2015 | Pages: 128 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)

Synopsis
Timetric's 'The Insurance Industry in Angola, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Angolan insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019).

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

The report brings together Timetric'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.

Summary
Timetric's 'The Insurance Industry in Angola, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Angolan insurance industry, including:

 The Angolan insurance industry's growth prospects by segment and category

 A comprehensive overview of Angolan economy and demographics 

 The detailed competitive landscape in the Angolan insurance industry

 The various distribution channels in the Angolan insurance industry

 Detailed regulatory policies of the Angolan insurance industry

 Analysis of natural hazards in Angolan insurance industry

Scope
Timetric's 'The Insurance Industry in Angola, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Angolan insurance industry, including:

 The Angolan insurance industry's growth prospects by segment and category

 A comprehensive overview of Angolan economy and demographics 

 The detailed competitive landscape in the Angolan insurance industry

 The various distribution channels in the Angolan insurance industry

 Detailed regulatory policies of the Angolan insurance industry

 Analysis of natural hazards in Angolan insurance industry

Reasons To Buy
Timetric's 'The Insurance Industry in Angola, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Angolan insurance industry, including:

 The Angolan insurance industry's growth prospects by segment and category

 A comprehensive overview of Angolan economy and demographics 

 The detailed competitive landscape in the Angolan insurance industry

 The various distribution channels in the Angolan insurance industry

 Detailed regulatory policies of the Angolan insurance industry

 Analysis of natural hazards in Angolan insurance industry

Key Highlights
Timetric's 'The Insurance Industry in Angola, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Angolan insurance industry, including:

 The Angolan insurance industry's growth prospects by segment and category

 A comprehensive overview of Angolan economy and demographics 

 The detailed competitive landscape in the Angolan insurance industry

 The various distribution channels in the Angolan insurance industry

 Detailed regulatory policies of the Angolan insurance industry

 Analysis of natural hazards in Angolan insurance industry

 Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Industry Segmentation
4.1 Life Insurance
4.2 Non-Life Insurance
4.2.1 Property insurance
4.2.2 Motor insurance
4.2.3 Liability insurance
4.2.4 Marine, aviation and transit insurance
4.3 Personal Accident and Health Insurance
4.4 Reinsurance
5 Natural Hazards
5.1 Floods
5.2 Droughts
5.3 Exposure
6 Competitive Landscape
6.1 Overview
6.2 Leading Companies
6.2.1 Empresa Nacional de Seguros e Resseguros de Angola - company overview
6.2.2 AAA Seguros SA - company overview
6.2.3 GA Angola Seguros SA - company overview
6.2.4 Global Seguros SA - company overview
6.2.5 Nova Sociedade de Seguros de Angola SA - company overview
7 Governance, Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Latest Changes in Regulations
7.3 Legislation and Market Practice by Type of Insurance
7.3.1 Life insurance
7.3.2 Property insurance
7.3.3 Motor insurance
7.3.4 Liability Insurance
7.3.5 Marine, aviation and transit insurance
7.3.6 Personal accident and health insurance
7.4 Compulsory Insurance
7.4.1 Workmen's compensation
7.4.2 Aviation liability insurance
7.4.3 Motor third-party liability insurance
7.5 Supervision and Control
7.5.1 African Insurance Organization
7.5.2 Angolan Agency of Regulation and Supervision of Insurance (ARSEG)
7.6 Non-Admitted Insurance Regulations
7.6.1 Overview
7.6.2 Intermediaries
7.6.3 Market Practices
7.6.4 Fines and Penalties
7.7 Company Registration and Operations
7.7.1 Types of insurance organization
7.7.2 Establishing a local company
7.7.3 Foreign ownership
7.7.4 Types of license
7.7.5 Capital requirements
7.7.6 Solvency margins
7.7.7 Reserve requirements
7.7.8 Investment regulations
7.7.9 Statutory return requirements
7.7.10 Fee structure
7.8 Taxation
7.8.1 Insurance premium or policy taxation
7.8.2 Withholding taxes on premium paid overseas
7.8.3 Corporate tax
7.8.4 VAT
7.8.5 Captives
7.9 Legal System
7.9.1 Introduction
7.9.2 Access to court
7.9.3 Alternative dispute resolution (ADR)
8 Definitions and Methodology
8.1 What is this Report About?
8.2 Definitions
8.3 Methodology
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric's Services
9.5 Disclaimer

List of Tables
Table 1: Angolan Insurance Industry - Key Facts
Table 2: Angolan Life Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 3: Angolan Life Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 4: Angolan Life Insurance - Paid Claims (AOA Million), 2010-2014
Table 5: Angolan Life Insurance - Paid Claims (AOA Million), 2014-2019
Table 6: Angolan Life Insurance - Incurred Loss (AOA Million), 2010-2014
Table 7: Angolan Life Insurance - Incurred Loss (AOA Million), 2014-2019
Table 8: Angolan Life Insurance - Net Written Premium as a Percentage of GWP (%), 2010-2014
Table 9: Angolan Life Insurance - Net Written Premium as a Percentage of GWP (%), 2014-2019
Table 10: Angolan Life Insurance - Total Assets (AOA Billion), 2010-2014
Table 11: Angolan Life Insurance - Total Assets (AOA Billion), 2014-2019
Table 12: Angolan Life Insurance - Total Investment Income (AOA Million), 2010-2014
Table 13: Angolan Life Insurance - Total Investment Income (AOA Million), 2014-2019
Table 14: Angolan Life Insurance - Net Written Premium (AOA Million), 2010-2014
Table 15: Angolan Life Insurance - Net Written Premium (AOA Million), 2014-2019
Table 16: Angolan Non-Life Insurance - Gross Written Premium by Category (AOA Billion), 2010-2014
Table 17: Angolan Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 18: Angolan Non-Life Insurance - Gross Written Premium by Category (AOA Billion), 2014-2019
Table 19: Angolan Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 20: Angolan Non-Life Insurance - Direct Written Premium by Category (AOA Billion), 2010-2014
Table 21: Angolan Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 22: Angolan Non-Life Insurance - Direct Written Premium by Category (AOA Billion), 2014-2019
Table 23: Angolan Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 24: Angolan Non-Life Insurance - Paid Claims (AOA Billion), 2010-2014
Table 25: Angolan Non-Life Insurance - Paid Claims (AOA Billion), 2014-2019
Table 26: Angolan Non-Life Insurance - Incurred Loss (AOA Billion), 2010-2014
Table 27: Angolan Non-Life Insurance - Incurred Loss (AOA Billion), 2014-2019
Table 28: Angolan Non-Life Insurance - Loss Ratio (%), 2010-2014
Table 29: Angolan Non-Life Insurance - Loss Ratio (%), 2014-2019
Table 30: Angolan Non-Life Insurance - Combined Ratio (%), 2010-2014
Table 31: Angolan Non-Life Insurance - Combined Ratio (%), 2014-2019
Table 32: Angolan Non-Life Insurance - Total Assets (AOA Billion), 2010-2014
Table 33: Angolan Non-Life Insurance - Total Assets (AOA Billion), 2014-2019
Table 34: Angolan Non-Life Insurance - Total Investment Income (AOA Billion), 2010-2014
Table 35: Angolan Non-Life Insurance - Total Investment Income (AOA Billion), 2014-2019
Table 36: Angolan Non-Life Insurance - Net Written Premium (AOA Billion), 2010-2014
Table 37: Angolan Non-Life Insurance - Net Written Premium (AOA Billion), 2014-2019
Table 38: Angolan Property Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 39: Angolan Property Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 40: Angolan Motor Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 41: Angolan Motor Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 42: Angolan Liability Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 43: Angolan Liability Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 44: Angolan Marine, Aviation and Transit Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 45: Angolan Marine, Aviation and Transit Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 46: Angolan Personal Accident And Health Insurance - Gross Written Premium (AOA Billion), 2010-2014
Table 47: Angolan Personal Accident And Health Insurance - Gross Written Premium (AOA Billion), 2014-2019
Table 48: Angolan Personal Accident and Health Insurance - Paid Claims (AOA Billion), 2010-2014
Table 49: Angolan Personal Accident and Health Insurance - Paid Claims (AOA Billion), 2014-2019
Table 50: Angolan Personal Accident and Health Insurance - Incurred Loss (AOA Billion), 2010-2014
Table 51: Angolan Personal Accident and Health Insurance - Incurred Loss (AOA Billion), 2014-2019
Table 52: Angolan Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 53: Angolan Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 54: Angolan Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 55: Angolan Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 56: Angolan Personal Accident and Health Insurance - Total Assets (AOA Billion), 2010-2014
Table 57: Angolan Personal Accident and Health Insurance - Total Assets (AOA Billion), 2014-2019
Table 58: Angolan Personal Accident and Health Insurance - Total Investment Income (AOA Million), 2010-2014
Table 59: Angolan Personal Accident and Health Insurance - Total Investment Income (AOA Million), 2014-2019
Table 60: Angolan Personal Accident and Health Insurance - Net Written Premium (AOA Billion), 2010-2014
Table 61: Angolan Personal Accident and Health Insurance - Net Written Premium (AOA Billion), 2014-2019
Table 62: Angolan Reinsurance - Premium Ceded (Excluding Retrocession) by Insurance Segment (AOA Billion), 2010-2014
Table 63: Angolan Reinsurance - Premium Ceded (Excluding Retrocession) by Insurance Segment (US$ Million), 2010-2014
Table 64: Angolan Reinsurance - Premium Ceded (Excluding Retrocession) by Insurance Segment (AOA Billion), 2014-2019
Table 65: Angolan Reinsurance - Premium Ceded (Excluding Retrocession) by Insurance Segment (US$ Million), 2014-2019
Table 66: Angolan Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Table 67: Angolan Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Table 68: Angolan Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Table 69: Angolan Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Table 70: Angolan Personal Accident and Health Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Table 71: Angolan Personal Accident and Health Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Table 72: Angolan Economic Loss by Hazard (US$ Million), 1990-2014
Table 73: Angolan Average Annual Loss by Hazard (US$ Million), 1990-2014
Table 74: Fund Allocation and Delivery from United Nations Development Programme (UNDP) during 2012-2014 (US$)
Table 75: Angolan Insurance Industry - Market Share, 2013
Table 76: Empresa Nacional de Seguros e Resseguros de Angola - Gross Written Premium by Segment (AOA Million), 2013-2014
Table 77: Empresa Nacional de Seguros e Resseguros de Angola, Key Facts
Table 78: AAA Insurance SA, Key Facts
Table 79: GA Angola Seguros SA, Key Facts
Table 80: Global Seguros SA, Key Facts
Table 81: Nova Sociedade de Seguros de Angola SA, Key Facts
Table 82: Angola - Insurance Regulatory Framework Key Features
Table 83: Angola - Life Insurance Regulatory Framework
Table 84: Angola - Property Insurance Regulatory Framework
Table 85: Angola - Motor Insurance Regulatory Framework
Table 86: Angola - Liability Insurance Regulatory Framework
Table 87: Angola - Minimum Amount to be Insured by Aircraft Owners Against Third-Party Liability
Table 88: Angola - Minimum Amount to be Insured by Automobile Owners Against Third-Party Liability
Table 89: Angola - Corporate Tax Rates for the Financial Year 2015
Table 90: Insurance Industry Definitions