Research and Markets: The Latest Kuwait Insurance Report is Now Available

* Reuters is not responsible for the content in this press release.

Thu Jul 30, 2009 6:44am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/b26916/kuwait_insurance_r) has
announced the addition of the "Kuwait Insurance Report Q3 2009" report to their
offering. 

The Kuwait Insurance Report provides industry professionals and strategists,
corporate analysts, insurance associations, government departments and
regulatory bodies with independent forecasts and competitive intelligence on
Kuwait's insurance industry. 

This report was written in late May. Relative to the Q209 report, the main
changes pertain to the profiles of companies, both regional and predominantly
local, which have been updated considerably. We have also included a brief
overview of conditions and development of premium income through Q109. This is
based on comments made by major, mainly listed, companies which became available
for the most part from mid-May. We hope to build on this section in terms of
detail. 

Q109 was a challenging but far from disastrous quarter for the major
protagonists in most markets. Notwithstanding the fact that particular non-life
markets suffered as a result of a slump in the number of cars registered, and
correspondingly lower demand for compulsory third party motor (CTPM) insurance
and voluntary motor insurance, global non-life premiums generally held up well
in spite of the global economic downturn. In contrast, life premiums were, in
most markets, lower in Q1 than they had been in Q108. This was largely the
result of the past volatility in global equity markets, although there were also
other problems. Conditions remain fair in the global reinsurance market. 

In terms of the major regions whose insurance markets are covered by BMI's
reports, Latin America and the Middle East and North Africa (MENA) stood out in
terms of growth in premiums (in non-life insurance in particular, but also in
life insurance). Conditions were far more mixed in Central & Eastern Europe
(CEE), particularly in non-life insurance, where the downturn in car
registrations hit hard, and Asia Pacific, where various factors caused slippage
in life premiums in many markets. 

Revision Of Data And Forecasts 

We have updated the insurance data for 2008 and our forecasts for the next five
years. In many cases, preliminary or final figures for last year have been
published by the regulator or the trade association. In some cases, we have
estimated figures for 2008, but on the basis of information that has been
published in relation to a significant portion of the year. In some cases
though, we have based our 2008 estimate on results disclosed by individual
companies operating in the market in question. 

Key Topics Covered:

* Executive Summary 
* The Sector At A Glance 
* SWOT Analysis 
* Global Overview 
* Selected European Countries - Budget And Current Account Balances, 2008 (% of
GDP) 
* Islamic Insurance 
* Country Update 
* Regional Context 
* Country Snapshot: Kuwait Demographic Data 
* Methodology

Companies Mentioned:

* AGF 
* AIG 
* Allianz 
* Aviva 
* AXA 
* Cardif 
* ERGO 
* Eureko 
* Fortis 
* Generali 
* Groupama 
* HSBC Insurance 
* Liberty Mutual 
* MAPFRE 
* RSA 
* UNIQA 
* Zurich

For more information visit
http://www.researchandmarkets.com/research/b26916/kuwait_insurance_r





Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716 

Copyright Business Wire 2009

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