The life insurance markets in various countries steadily progress from an emerging phase to a more mature phase over time. The Market Maturity Model provides a framework for understanding what has happened to mature markets in the life insurance industry around the world, and what will happen to emerging markets in the future.
LIMRA conducted the Agent Production and Survival Study in Latin America to examine agent retention and production performance in 2006. Information on base-force, entrant survival by agent class, and cumulative survival by agent class, as well as agent productivity by the number of policies sold per agent, are presented.
Worldwide economic woes have hurt the financial services industry's image. Learn how the four pillars that make up LIMRA's Market Maturity Model — products, distribution, regulation, and marketing — have been impacted.
Get recent individual life sales trends by distribution channel and product type for the Latin American market.
Compliance is important for the effective operation of any insurance company. To remain competitive in the Latin American market today, companies must maintain effective compliance function.
WINDSOR, Conn., Feb. 1, 2013 — LIMRA and LOMA will host a two-day seminar focused on bancassurance in Latin America on March 7-8, 2013, in Sao Paulo, Brazil.
As the insurance industry continues to evolve worldwide, the importance of distribution also increases. Markets that were once dominated by tied agents globally are moving, at various rates, toward alternative distribution channels. Distribution in the Latin American region varies by country, and insurers in many countries are experimenting with emerging distribution channels such as supermarkets, malls, and pharmacies.
Get recent Latin American individual life sales trends by distribution channel and product type.
Former CEO of Google for Spain and Portugal to Close 45th Annual Latin America Conference for Financial Services Executives
WINDSOR, Conn., Sept. 6, 2016—On October 26, financial service executives operating in Latin America will meet in Chicago for the 45th annual Latin America Conference hosted by LIMRA and LOMA.
Do you want to know more about: How various functions are divided between insurance companies and banks? What commission rates insurance companies pay banks on different products? What type of training insurers provide to banks? If your answer is "yes", the Study of Bancassurance Operations in Latin America answers these questions and many others.