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Non-Life Insurance in Ecuador, Key Trends and Opportunities to 2018

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Date: 31-Mar-2015
No. of pages: 271
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Synopsis


  • Timetric's 'Non-Life Insurance in the Ecuador, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Ecuadorian non-life insurance segment. It provides values of a number of Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, 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 regulatory structure.


Summary

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


  • The Ecuadorian non-life insurance segment's growth prospects by non-life insurance category

  • Key trends, drivers and challenges for the non-life insurance segment

  • The various distribution channels in the Ecuadorian non-life insurance segment

  • The detailed competitive landscape in the non-life insurance segment in Ecuador

  • Detailed regulatory policies of the Ecuadorian insurance industry

  • Analysis of various consumer segments in Ecuadorian non-life insurance

  • Product portfolios of the leading non-life insurers


Scope

This report provides a comprehensive analysis of the non-life insurance segment in Ecuador:


  • It provides historical values for Ecuador's non-life insurance segment for the report's 2009-2013 review period, and projected figures for the 2013-2018 forecast period.

  • It offers a detailed analysis of the key categories in Ecuador's non-life insurance segment, along with market forecasts until 2018.

  • 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 Ecuador.

  • It profiles the top non-life insurance companies in Ecuador and outlines the key regulations affecting them.


Reasons To Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Ecuadorian non-life insurance segment and each category within it.

  • Understand the demand-side dynamics, key market trends and growth opportunities in the Ecuadorian non-life insurance segment.

  • Assess the competitive dynamics in the non-life insurance segment.

  • Identify the growth opportunities and market dynamics in key product categories.

  • Gain insights into key regulations governing the Ecuadorian insurance industry and their impact on companies and the industry's future.


Key Highlights

  • Ecuadorian non-life insurance is the largest segment in the Ecuadorian insurance industry.

  • The growth was primarily driven by the country's overall economic growth, supportive government investment policies, and a decline in unemployment and inflation rates.

  • Increasing growth in the real estate and construction industries, and favorable regulatory changes, the non-life gross written premium is projected to grow at a forecast-period CAGR of XX.X%.

  • Property insurance recorded the fastest growth in the non-life segment, at a review-period CAGR of XX.X% during the review period.

  • Distribution channels in the Ecuadorian non-life segment expanded, with the new business gross written premium rising at a review-period CAGR of XX.X%.

  • Insurance brokers and agencies were the primary contributors to the growth, as the new gross written premium business generated by these channels grew strongly.

Non-Life Insurance in Ecuador, Key Trends and Opportunities to 2018

Table of Contents

1 Key Facts and Events

2 Executive Summary

3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology

4 Ecuadorian Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009-2018

5 Non-Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Non-Life Insurance Growth Prospects by Category
5.6 Property Insurance
5.6.1 Fire and allied perils insurance
5.6.2 Engineering insurance
5.6.3 Agriculture insurance
5.6.4 Other property insurance
5.7 Motor Insurance
5.7.1 Motor hull insurance
5.7.2 Motor third-party insurance
5.8 Liability Insurance
5.9 Marine, Aviation and Transit Insurance
5.9.1 Marine insurance
5.9.2 Marine hull insurance
5.9.3 Marine liability insurance
5.9.4 Aviation insurance
5.9.5 Aviation hull insurance
5.9.6 Transit insurance

6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-Commerce
6.5 Brokers
6.6 Other Channels

7 Governance, Risk and Compliance
7.1 Legislation Overview and Historical Evolution
7.2 Regulations by Type of Insurance
7.2.1 Life insurance regulations
7.2.2 Property insurance regulations
7.2.3 Motor insurance regulations
7.2.4 Marine, aviation and transit insurance regulations
7.2.5 Personal accident and health insurance regulations
7.3 Compulsory Insurance
7.3.1 Traffic accident insurance (SOAT)
7.3.2 General insurance under the Social Security Act
7.3.3 Aviation insurance
7.4 Supervision and Control
7.4.1 International Association of Insurance Supervisors
7.4.2 Association of Insurance Supervisors Latin America
7.4.3 Superintendency of Banks and Insurance
7.5 Non-Admitted Insurance Regulations
7.5.1 Overview
7.5.2 Intermediaries
7.5.3 Market practices
7.5.4 Fines and penalties
7.6 Company Registration and Operations
7.6.1 Types of insurance organization
7.6.2 Establishing a local company
7.6.3 Foreign ownership
7.6.4 Types of license
7.6.5 Capital requirements
7.6.6 Solvency margins
7.6.7 Reserve requirements
7.6.8 Investment regulations
7.6.9 Statutory return requirements
7.6.10 Fee structure
7.7 Taxation
7.7.1 Insurance premium or policy taxation
7.7.2 Withholding taxes on premium paid overseas
7.7.3 Corporate tax
7.7.4 VAT
7.7.5 Captives
7.8 Legal System
7.8.1 Introduction
7.8.2 Access to court
7.8.3 Alternative dispute resolution (ADR)

8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the Ecuadorian Non-Life Insurance Segment
8.3 Leading Non-Life Insurers - Product Portfolio
8.4 Comparison of the Top Five Insurers
8.4.1 Gross written premium
8.4.2 Gross claims
8.4.3 Incurred loss
8.4.4 Total assets
8.5 Seguros Equinoccial - Company Overview
8.5.1 Seguros Equinoccial - Key Facts
8.5.2 Seguros Equinoccial - Key Financials
8.6 Seguros Sucre SA - Company Overview
8.6.1 Seguros Sucre SA - key facts
8.6.2 Seguros Sucre SA - key financials
8.7 QBE Seguros Colonial SA - Company Overview
8.7.1 QBE Seguros Colonial SA - key facts
8.7.2 QBE Seguros Colonial SA - key financials
8.8 ACE Seguros SA - Company Overview
8.8.1 ACE Seguros SA - key facts
8.8.2 ACE Seguros SA - key financials
8.9 Mapfre Atlas Compania de Seguros SA - Company Overview
8.9.1 Mapfre Atlas Compania de Seguros SA - key facts
8.9.2 Mapfre Atlas Compania de Seguros SA - key financials
8.1 Liberty Seguros SA - Company Overview
8.10.1 Liberty Seguros SA - key facts
8.10.2 Liberty Seguros SA - key financials
8.11 Seguros Unidos SA - Company Overview
8.11.1 Seguros Unidos SA - key facts
8.11.2 Seguros Unidos SA - key financials
8.12 AIG Metropolitana Cia. de Seguros y Reaseguros SA - Company Overview
8.12.1 AIG Metropolitana Cia. de Seguros y Reaseguros SA - key facts
8.12.2 AIG Metropolitana Cia. de Seguros y Reaseguros SA - key financials
8.13 Aseguradora del Sur CA - Company Overview
8.13.1 Aseguradora del Sur CA - key facts
8.13.2 Aseguradora del Sur CA - key financials
8.14 Latina Seguros y Reaseguros - Company Overview
8.14.1 Latina Seguros y Reaseguros - key facts
8.14.2 Latina Seguros y Reaseguros - key financials

9 Appendix - 1
9.1 Business Confidence
9.1.1 Market capitalization trend - Quito Stock Exchange, Ecuador
9.2 Economic Performance
9.2.1 GDP at constant prices (US$)
9.2.2 GDP per capita at constant prices (US$)
9.2.3 GDP at current prices (US$)
9.2.4 GDP per capita at current prices (US$)
9.2.5 GDP by key sector
9.2.6 Agriculture net output at current prices (US$)
9.2.7 Manufacturing net output at current prices (US$)
9.2.8 Manufacturing net output at current prices as a percentage of GDP
9.2.9 Mining, manufacturing and utilities at current prices (US$)
9.2.10 Mining, manufacturing and utilities growth as a percentage of GDP
9.2.11 Construction net output at current prices (US$)
9.2.12 Construction net output at current prices as a percentage of GDP
9.2.13 Inflation rate
9.2.14 Merchandise exports growth
9.2.15 Merchandise imports growth
9.3 Infrastructure
9.3.1 Commercial vehicle exports - total value
9.3.2 Commercial vehicle imports - total value
9.3.3 Automotive exports - total value
9.3.4 Automotive imports - total value
9.3.5 Total internet subscribers
9.4 Labor Force
9.4.1 Labor force
9.4.2 Unemployment rate
9.5 Demographics
9.5.1 Household consumption expenditure (US$)
9.5.2 Total population
9.5.3 Urban and rural populations
9.5.4 Age distribution of the total population
9.5.5 Life expectancy

10 Appendix - 2
10.1 Methodology
10.2 Contact Timetric
10.3 About Timetric
10.4 Timetric's Services
10.5 Disclaimer

List of Tables

Table 1: Ecuadorian Non-Life Insurance - Key Facts, 2013
Table 2: Insurance Industry Definitions
Table 3: Ecuadorian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2009-2013
Table 4: Ecuadorian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2013-2018
Table 5: Ecuadorian Insurance Industry - Gross Written Premium by Segment (Percentage Share), 2009-2018
Table 6: Ecuadorian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2009-2013
Table 7: Ecuadorian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2013-2018
Table 8: Ecuadorian Insurance Industry - Direct Written Premium by Segment (Percentage Share), 2009-2018
Table 9: Ecuadorian Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2009-2013
Table 10: Ecuadorian Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2013-2018
Table 11: Ecuadorian Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2009-2013
Table 12: Ecuadorian Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2013-2018
Table 13: Ecuadorian Non-Life Insurance - Earned Premium (US$ Million), 2009-2013
Table 14: Ecuadorian Non-Life Insurance - Earned Premium (US$ Million), 2013-2018
Table 15: Ecuadorian Non-Life Insurance - Paid Claims by Category (US$ Million), 2009-2013
Table 16: Ecuadorian Non-Life Insurance - Paid Claims by Category (US$ Million), 2013-2018
Table 17: Ecuadorian Non-Life Insurance - Incurred Loss by Category (US$ Million), 2009-2013
Table 18: Ecuadorian Non-Life Insurance - Incurred Loss by Category (US$ Million), 2013-2018
Table 19: Ecuadorian Non-Life Insurance - Retentions by Category (US$ Million), 2009-2013
Table 20: Ecuadorian Non-Life Insurance - Retentions by Category (US$ Million), 2013-2018
Table 21: Ecuadorian Non-Life Insurance - Loss Ratio (%), 2009-2013
Table 22: Ecuadorian Non-Life Insurance - Loss Ratio (%), 2013-2018
Table 23: Ecuadorian Non-Life Insurance - Commissions and Expenses (US$ Million), 2009-2013
Table 24: Ecuadorian Non-Life Insurance - Commissions and Expenses (US$ Million), 2013-2018
Table 25: Ecuadorian Non-Life Insurance - Combined Ratio (%), 2009-2013
Table 26: Ecuadorian Non-Life Insurance - Combined Ratio (%), 2013-2018
Table 27: Ecuadorian Non-Life Insurance - Fraud and Crimes (US$ Million), 2009-2013
Table 28: Ecuadorian Non-Life Insurance - Fraud and Crimes (US$ Million), 2013-2018
Table 29: Ecuadorian Non-Life Insurance - Total Assets (US$ Million), 2009-2013
Table 30: Ecuadorian Non-Life Insurance - Total Assets (US$ Million), 2013-2018
Table 31: Ecuadorian Non-Life Insurance - Total Investment Income (US$ Million), 2009-2013
Table 32: Ecuadorian Non-Life Insurance - Total Investment Income (US$ Million), 2013-2018
Table 33: Ecuadorian Non-Life Insurance - Retentions (US$ Million), 2009-2013
Table 34: Ecuadorian Non-Life Insurance - Retentions (US$ Million), 2013-2018
Table 35: Ecuadorian Property Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2013
Table 36: Ecuadorian Property Insurance - Gross Written Premium by Sub-Category (US$ Million), 2013-2018
Table 37: Ecuadorian Property Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2013
Table 38: Ecuadorian Property Insurance - Direct Written Premium by Sub-Category (US$ Million), 2013-2018
Table 39: Ecuadorian Property Insurance - Loss Ratio (%), 2009-2013
Table 40: Ecuadorian Property Insurance - Loss Ratio (%), 2013-2018
Table 41: Ecuadorian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 42: Ecuadorian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 43: Ecuadorian Fire and Allied Perils Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 44: Ecuadorian Fire and Allied Perils Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 45: Ecuadorian Engineering Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 46: Ecuadorian Engineering Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 47: Ecuadorian Engineering Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 48: Ecuadorian Engineering Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 49: Ecuadorian Agriculture Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 50: Ecuadorian Agriculture Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 51: Ecuadorian Agriculture Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 52: Ecuadorian Agriculture Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 53: Ecuadorian Other Property Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 54: Ecuadorian Other Property Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 55: Ecuadorian Other Property Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 56: Ecuadorian Other Property Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 57: Ecuadorian Motor Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2013
Table 58: Ecuadorian Motor Insurance - Gross Written Premium by Sub-Category (US$ Million), 2013-2018
Table 59: Ecuadorian Motor Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2013
Table 60: Ecuadorian Motor Insurance - Direct Written Premium by Sub-Category (US$ Million), 2013-2018
Table 61: Ecuadorian Motor Insurance - Loss Ratio (%), 2009-2013
Table 62: Ecuadorian Motor Insurance - Loss Ratio (%), 2013-2018
Table 63: Ecuadorian Motor Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 64: Ecuadorian Motor Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 65: Ecuadorian Motor Hull Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 66: Ecuadorian Motor Hull Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 67: Ecuadorian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 68: Ecuadorian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 69: Ecuadorian Motor Third-Party Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 70: Ecuadorian Motor Third-Party Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 71: Ecuadorian Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 72: Ecuadorian Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 73: Ecuadorian Liability Insurance - Direct Written Premium (US$ Million), 2009-2013
Table 74: Ecuadorian Liability Insurance - Direct Written Premium (US$ Million), 2013-2018
Table 75: Ecuadorian Liability Insurance - Loss Ratio (%), 2009-2013
Table 76: Ecuadorian Liability Insurance - Loss Ratio (%), 2013-2018
Table 77: Ecuadorian Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 78: Ecuadorian Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 79: Ecuadorian Other Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 80: Ecuadorian Other Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 81: Ecuadorian Marine, Aviation and Transit Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2013
Table 82: Ecuadorian Marine, Aviation and Transit Insurance - Gross Written Premium by Sub-Category (US$ Million), 2013-2018
Table 83: Ecuadorian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2013
Table 84: Ecuadorian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (US$ Million), 2013-2018
Table 85: Ecuadorian Marine Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 86: Ecuadorian Marine Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 87: Ecuadorian Marine Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 88: Ecuadorian Marine Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 89: Ecuadorian Aviation Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 90: Ecuadorian Aviation Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 91: Ecuadorian Aviation Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 92: Ecuadorian Aviation Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 93: Ecuadorian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2013
Table 94: Ecuadorian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2018
Table 95: Ecuadorian Marine Insurance - Gross Written Premium by Policy Type (US$ Million), 2013-2018
Table 96: Ecuadorian Marine Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 97: Ecuadorian Marine Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 98: Ecuadorian Marine Hull Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 99: Ecuadorian Marine Hull Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 100: Ecuadorian Marine Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 101: Ecuadorian Marine Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 102: Ecuadorian Marine Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 103: Ecuadorian Marine Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 104: Ecuadorian Aviation Insurance - Gross Written Premium by Policy Type (US$ Million), 2009-2013
Table 105: Ecuadorian Aviation Insurance - Gross Written Premium by Policy Type (US$ Million), 2013-2018
Table 106: Ecuadorian Aviation Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 107: Ecuadorian Aviation Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 108: Ecuadorian Aviation Hull Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 109: Ecuadorian Aviation Hull Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 110: Ecuadorian Transit Insurance - Number of Policies Sold (Thousand), 2009-2013
Table 111: Ecuadorian Transit Insurance - Number of Policies Sold (Thousand), 2013-2018
Table 112: Ecuadorian Transit Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 113: Ecuadorian Transit Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 114: Ecuadorian Non-Life Insurance - Direct Marketing Commission Paid (US$ Million), 2009-2013
Table 115: Ecuadorian Non-Life Insurance - Direct Marketing Commission Paid (US$ Million), 2013-2018
Table 116: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 117: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 118: Ecuadorian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2009-2013
Table 119: Ecuadorian Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2013-2018
Table 120: Ecuadorian Non-Life Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 121: Ecuadorian Non-Life Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 122: Ecuadorian Non-Life Insurance - Bancassurance Commission Paid (US$ Million), 2009-2013
Table 123: Ecuadorian Non-Life Insurance - Bancassurance Commission Paid (US$ Million), 2013-2018
Table 124: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 125: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 126: Ecuadorian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2009-2013
Table 127: Ecuadorian Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2013-2018
Table 128: Ecuadorian Non-Life Insurance - Number of Bancassurance Distributors, 2009-2013
Table 129: Ecuadorian Non-Life Insurance - Number of Bancassurance Distributors, 2013-2018
Table 130: Ecuadorian Non-Life Insurance - Commission Paid to Agencies (US$ Million), 2009-2013
Table 131: Ecuadorian Non-Life Insurance - Commission Paid to Agencies (US$ Million), 2013-2018
Table 132: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 133: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 134: Ecuadorian Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2009-2013
Table 135: Ecuadorian Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2013-2018
Table 136: Ecuadorian Non-Life Insurance - Number of Agencies, 2009-2013
Table 137: Ecuadorian Non-Life Insurance - Number of Agencies, 2013-2018
Table 138: Ecuadorian Non-Life Insurance - E-Commerce Commission Paid (US$ Million), 2009-2013
Table 139: Ecuadorian Non-Life Insurance - E-Commerce Commission Paid (US$ Million), 2013-2018
Table 140: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 141: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 142: Ecuadorian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 143: Ecuadorian Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 144: Ecuadorian Non-Life Insurance - Number of E-Commerce Distributors, 2009-2013
Table 145: Ecuadorian Non-Life Insurance - Number of E-Commerce Distributors, 2013-2018
Table 146: Ecuadorian Non-Life Insurance - Commission Paid to Brokers (US$ Million), 2009-2013
Table 147: Ecuadorian Non-Life Insurance - Commission Paid to Brokers (US$ Million), 2013-2018
Table 148: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 149: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 150: Ecuadorian Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2009-2013
Table 151: Ecuadorian Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2013-2018
Table 152: Ecuadorian Non-Life Insurance - Number of Brokers, 2009-2013
Table 153: Ecuadorian Non-Life Insurance - Number of Brokers, 2013-2018
Table 154: Ecuadorian Non-Life Insurance - Commission Paid to Other Channels (US$ Million), 2009-2013
Table 155: Ecuadorian Non-Life Insurance - Commission Paid to Other Channels (US$ Million), 2013-2018
Table 156: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2013
Table 157: Ecuadorian Non-Life Insurance - Gross Written Premium (US$ Million), 2013-2018
Table 158: Ecuadorian Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2009-2013
Table 159: Ecuadorian Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2013-2018
Table 160: Ecuadorian Non-Life Insurance - Number of Distributors in Other Channels, 2009-2013
Table 161: Ecuadorian Non-Life Insurance - Number of Distributors in Other Channels, 2013-2018
Table 162: Ecuador - Life Insurance Regulatory Framework
Table 163: Ecuador - Property Insurance Regulatory Framework
Table 164: Ecuador - Motor Insurance Regulatory Framework
Table 165: Ecuador - Compensation Provided by the Insurer in the Event of Accident
Table 166: Ecuador - List of Companies Authorized to Offer SOAT
Table 167: Ecuador - Aviation Insurance Coverage
Table 168: Ecuador - Ratings Required for Registration of Reinsurance Business
Table 169: Ecuador - Minimum Capital Requirements (UVC and US$)
Table 170: Ecuador - Minimum Capital Requirements (US$)
Table 171: Ecuador - Taxes and Charges Levied on Insurance Premium
Table 172: Ecuador - Issuing Fees Charged to the Insured by Insurer Based on Value of Premiums
Table 173: Ecuador - Corporate Tax Rates in Ecuador for the Financial Year 2012-2013
Table 174: Shares of Key Insurers in the Ecuadorian Non-Life Insurance Segment (%), 2013
Table 175: Seguros Equinoccial, Key Facts
Table 176: Seguros Equinoccial, Key Financials (US$ Million), 2009-2013
Table 177: Seguros Sucre SA, Key Facts
Table 178: Seguros Sucre SA, Key Financials (US$ Million), 2009-2013
Table 179: QBE Seguros Colonial SA, Key Facts
Table 180: QBE Seguros Colonial SA, Key Financials (US$ Million), 2009-2013
Table 181: ACE Seguros SA, Key Facts
Table 182: ACE Seguros SA, Key Financials (US$ Million), 2009-2013
Table 183: Mapfre Atlas Compania de Seguros SA, Key Facts
Table 184: Mapfre Atlas Compania de Seguros SA, Key Financials (US$ Million), 2009-2013
Table 185: Liberty Seguros SA, Key Facts
Table 186: Liberty Seguros SA, Key Financials (US$ Million), 2009-2013
Table 187: Seguros Unidos SA, Key Facts
Table 188: Seguros Unidos SA, Key Financials (US$ Million), 2009-2013
Table 189: AIG Metropolitana Cia. de Seguros y Reaseguros SA, Key Facts
Table 190: AIG Metropolitana Cia. de Seguros y Reaseguros SA, Key Financials (US$ Million), 2009-2013
Table 191: Aseguradora del Sur CA, Key Facts
Table 192: Aseguradora del Sur CA, Key Financials (US$ Million), 2009-2013
Table 193: Latina Seguros y Reaseguros, Key Facts
Table 194: Latina Seguros y Reaseguros, Key Financials (US$ Million), 2009-2013

List of Figures

Figure 1: Ecuadorian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2009-2018
Figure 2: Ecuadorian Insurance Industry - Gross Written Premium Dynamics by Segment (2009-2018)
Figure 3: Ecuadorian Insurance Industry - Direct Written Premium by Segment (US$ Million), 2009-2018
Figure 4: Ecuadorian Insurance Industry - Direct Written Premium Dynamics by Segment (2009-2018)
Figure 5: Ecuadorian Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2009-2018
Figure 6: Ecuadorian Non-Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 7: Ecuadorian Non-Life Insurance - Gross Written Premium Dynamics by Category (%), 2009-2018
Figure 8: Ecuadorian Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2009-2018
Figure 9: Ecuadorian Non-Life Insurance - Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 10: Ecuadorian Non-Life Insurance - Direct Written Premium Dynamics by Category (%), 2009-2018
Figure 11: Ecuadorian Non-Life Insurance - Earned Premium (US$ Million), 2009-2013
Figure 12: Ecuadorian Non-Life Insurance - Earned Premium (US$ Million), 2013-2018
Figure 13: Ecuadorian Non-Life Insurance - Paid Claims by Category (US$ Million), 2009-2018
Figure 14: Ecuadorian Non-Life Insurance - Incurred Loss by Category (US$ Million), 2009-2018
Figure 15: Ecuadorian Non-Life Insurance - Retentions by Category (US$ Million), 2009-2018
Figure 16: Ecuadorian Non-Life Insurance - Loss Ratio (%), 2009-2013
Figure 17: Ecuadorian Non-Life Insurance - Loss Ratio (%), 2013-2018
Figure 18: Ecuadorian Non-Life Insurance - Commissions and Expenses (US$ Million), 2009-2013
Figure 19: Ecuadorian Non-Life Insurance - Commissions and Expenses (US$ Million), 2013-2018
Figure 20: Ecuadorian Non-Life Insurance - Combined Ratio (%), 2009-2013
Figure 21: Ecuadorian Non-Life Insurance - Combined Ratio (%), 2013-2018
Figure 22: Ecuadorian Non-Life Insurance - Fraud and Crimes (US$ Million), 2009-2013
Figure 23: Ecuadorian Non-Life Insurance - Fraud and Crimes (US$ Million), 2013-2018
Figure 24: Ecuadorian Non-Life Insurance - Total Assets (US$ Million), 2009-2013
Figure 25: Ecuadorian Non-Life Insurance - Total Assets (US$ Million), 2013-2018
Figure 26: Ecuadorian Non-Life Insurance - Total Investment Income (US$ Million), 2009-2013
Figure 27: Ecuadorian Non-Life Insurance - Total Investment Income (US$ Million), 2013-2018
Figure 28: Ecuadorian Non-Life Insurance - Retentions (US$ Million), 2009-2013
Figure 29: Ecuadorian Non-Life Insurance - Retentions (US$ Million), 2013-2018
Figure 30: Ecuadorian Non-Life Insurance - Investment Portfolio (US$ Million), 2009-2013
Figure 31: Ecuadorian Non-Life Insurance - Investment Portfolio (% Share), 2009 and 2013
Figure 32: Ecuadorian Non-Life Insurance - Penetration (% of GDP), 2009-2013
Figure 33: Ecuadorian Non-Life Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 34: Ecuadorian Non-Life Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 35: Ecuadorian Non-Life Insurance - Premium Per Capita (US$), 2009-2013
Figure 36: Ecuadorian Property Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 37: Ecuadorian Property Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 38: Ecuadorian Property Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 39: Ecuadorian Property Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 40: Ecuadorian Property Insurance - Loss Ratio (%), 2009-2013
Figure 41: Ecuadorian Property Insurance - Loss Ratio (%), 2013-2018
Figure 42: Ecuadorian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 43: Ecuadorian Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 44: Ecuadorian Fire and Allied Perils Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 45: Ecuadorian Fire and Allied Perils Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 46: Ecuadorian Engineering Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 47: Ecuadorian Engineering Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 48: Ecuadorian Engineering Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 49: Ecuadorian Engineering Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 50: Ecuadorian Agriculture Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 51: Ecuadorian Agriculture Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 52: Ecuadorian Agriculture Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 53: Ecuadorian Agriculture Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 54: Ecuadorian Other Property Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 55: Ecuadorian Other Property Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 56: Ecuadorian Other Property Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 57: Ecuadorian Other Property Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 58: Ecuadorian Motor Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 59: Ecuadorian Motor Insurance - Gross Written Premium Dynamics by Sub-Category, 2009-2018
Figure 60: Ecuadorian Motor Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 61: Ecuadorian Motor Insurance - Direct Written Premium Dynamics by Sub-Category, 2009-2018
Figure 62: Ecuadorian Motor Insurance - Loss Ratio (%), 2009-2013
Figure 63: Ecuadorian Motor Insurance - Loss Ratio (%), 2013-2018
Figure 64: Ecuadorian Motor Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 65: Ecuadorian Motor Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 66: Ecuadorian Motor Hull Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 67: Ecuadorian Motor Hull Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 68: Ecuadorian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 69: Ecuadorian Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 70: Ecuadorian Motor Third-Party Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 71: Ecuadorian Motor Third-Party Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 72: Ecuadorian Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 73: Ecuadorian Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 74: Ecuadorian Liability Insurance - Direct Written Premium (US$ Million), 2009-2013
Figure 75: Ecuadorian Liability Insurance - Direct Written Premium (US$ Million), 2013-2018
Figure 76: Ecuadorian Liability Insurance - Loss Ratio (%), 2009-2013
Figure 77: Ecuadorian Liability Insurance - Loss Ratio (%), 2013-2018
Figure 78: Ecuadorian Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 79: Ecuadorian Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 80: Ecuadorian Other Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 81: Ecuadorian Other Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 82: Ecuadorian Marine, Aviation and Transit Insurance - Gross Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 83: Ecuadorian Marine, Aviation and Transit Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 84: Ecuadorian Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (US$ Million), 2009-2018
Figure 85: Ecuadorian Marine, Aviation and Transit Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018
Figure 86: Ecuadorian Marine Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 87: Ecuadorian Marine Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 88: Ecuadorian Marine Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 89: Ecuadorian Marine Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 90: Ecuadorian Aviation Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 91: Ecuadorian Aviation Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 92: Ecuadorian Aviation Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 93: Ecuadorian Aviation Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 94: Ecuadorian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2013
Figure 95: Ecuadorian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2018
Figure 96: Ecuadorian Marine Insurance - Gross Written Premium by Policy Type (US$ Million), 2009-2018
Figure 97: Ecuadorian Marine Insurance - Gross Written Premium Dynamics by Policy Type (%), 2009-2018
Figure 98: Ecuadorian Marine Hull Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 99: Ecuadorian Marine Hull Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 100: Ecuadorian Marine Hull Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 101: Ecuadorian Marine Hull Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 102: Ecuadorian Marine Liability Insurance - Number of Policies Sold (Thousand), 2009-2013
Figure 103: Ecuadorian Marine Liability Insurance - Number of Policies Sold (Thousand), 2013-2018
Figure 104: Ecuadorian Marine Liability Insurance - Gross Written Premium (US$ Million), 2009-2013
Figure 105: Ecuadorian Marine Liability Insurance - Gross Written Premium (US$ Million), 2013-2018
Figure 106: Ecuadorian Aviation Insurance - Gross Written Premium by Policy Type (US$ Million), 2009-2013
Figure 107: Ecuadorian Aviation Insurance - Gross Written Premium by Policy Type (US$ Million), 2013-2018
Figure 108: Ecuadorian Aviation Insurance - Gross Written Premium by Policy Type (US$ Million), 2009-2018
Figure 109: Ecuadorian Aviation Insurance - Gross Written Premium Dynamics by Policy Type (%), 2009-2018
Figure 110: Ecuadorian Aviation Hull Insurance – Number of Policies Sold (Thousand), 2009–2013
Figure 111: Ecuadorian Aviation Hull Insurance – Number of Policies Sold (Thousand), 2013–2018
Figure 112: Ecuadorian Aviation Hull Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 113: Ecuadorian Aviation Hull Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 114: Ecuadorian Transit Insurance – Number of Policies Sold (Thousand), 2009–2013
Figure 115: Ecuadorian Transit Insurance – Number of Policies Sold (Thousand), 2013–2018
Figure 116: Ecuadorian Transit Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 117: Ecuadorian Transit Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 118: Ecuadorian Non-Life Insurance – Gross Written Premium by Distribution Channel (Percentage Share), 2013 and 2018
Figure 119: Ecuadorian Non-Life Insurance – Direct Marketing Commission Paid (US$ Million), 2009–2013
Figure 120: Ecuadorian Non-Life Insurance – Direct Marketing Commission Paid (US$ Million), 2013–2018
Figure 121: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 122: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 123: Ecuadorian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2009–2013
Figure 124: Ecuadorian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2013–2018
Figure 125: Ecuadorian Non-Life Insurance – Number of Direct Marketing Distributors, 2009–2013
Figure 126: Ecuadorian Non-Life Insurance – Number of Direct Marketing Distributors, 2013–2018
Figure 127: Ecuadorian Non-Life Insurance – Bancassurance Commission Paid (US$ Million), 2009–2013
Figure 128: Ecuadorian Non-Life Insurance – Bancassurance Commission Paid (US$ Million), 2013–2018
Figure 129: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 130: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 131: Ecuadorian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2009–2013
Figure 132: Ecuadorian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2013–2018
Figure 133: Ecuadorian Non-Life Insurance – Number of Bancassurance Distributors, 2009–2013
Figure 134: Ecuadorian Non-Life Insurance – Number of Bancassurance Distributors, 2013–2018
Figure 135: Ecuadorian Non-Life Insurance – Commission Paid to Agencies (US$ Million), 2009–2013
Figure 136: Ecuadorian Non-Life Insurance – Commission Paid to Agencies (US$ Million), 2013–2018
Figure 137: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 138: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 139: Ecuadorian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2009–2013
Figure 140: Ecuadorian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2013–2018
Figure 141: Ecuadorian Non-Life Insurance – Number of Agencies, 2009–2013
Figure 142: Ecuadorian Non-Life Insurance – Number of Agencies, 2013–2018
Figure 143: Ecuadorian Non-Life Insurance – E-Commerce Commission Paid (US$ Million), 2009–2013
Figure 144: Ecuadorian Non-Life Insurance – E-Commerce Commission Paid (US$ Million), 2013–2018
Figure 145: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 146: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 147: Ecuadorian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2009–2013
Figure 148: Ecuadorian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2013–2018
Figure 149: Ecuadorian Non-Life Insurance – Number of E-Commerce Distributors, 2009–2013
Figure 150: Ecuadorian Non-Life Insurance – Number of E-Commerce Distributors, 2013–2018
Figure 151: Ecuadorian Non-Life Insurance – Commission Paid to Brokers (US$ Million), 2009–2013
Figure 152: Ecuadorian Non-Life Insurance – Commission Paid to Brokers (US$ Million), 2013–2018
Figure 153: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 154: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 155: Ecuadorian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2009–2013
Figure 156: Ecuadorian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2013–2018
Figure 157: Ecuadorian Non-Life Insurance – Number of Brokers, 2009–2013
Figure 158: Ecuadorian Non-Life Insurance – Number of Brokers, 2013–2018
Figure 159: Ecuadorian Non-Life Insurance – Commission Paid to Other Channels (US$ Million), 2009–2013
Figure 160: Ecuadorian Non-Life Insurance – Commission Paid to Other Channels (US$ Million), 2013–2018
Figure 161: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2009–2013
Figure 162: Ecuadorian Non-Life Insurance – Gross Written Premium (US$ Million), 2013–2018
Figure 163: Ecuadorian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2009–2013
Figure 164: Ecuadorian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2013–2018
Figure 165: Ecuadorian Non-Life Insurance – Number of Distributors in Other Channels, 2009–2013
Figure 166: Ecuadorian Non-Life Insurance – Number of Distributors in Other Channels, 2013–2018
Figure 167: Ecuador – Insurance Regulatory Framework
Figure 168: Ecuador – Insurance Supervision and Control at Various Levels
Figure 169: Ecuador – Insurance Regulatory Frameworks for Company Registration and Operation
Figure 170: Ecuador – Judiciary System
Figure 171: Shares of Key Insurers in the Ecuadorian Non-Life Insurance Segment (%), 2013
Figure 172: Gross Written Premium – Top Five Ecuadorian Non-Life Insurers, 2013
Figure 173: Gross Claims – Top Five Ecuadorian Non-Life Insurers, 2013
Figure 174: Incurred Loss – Top Five Ecuadorian Non-Life Insurers, 2013
Figure 175: Total Assets – Top Five Ecuadorian Non-Life Insurers, 2013
Figure 176: Quito Stock Exchange Market Capitalization (US$ Billion), 2008–2012
Figure 177: Ecuadorian GDP at Constant Prices (US$ Billion), 2009–2013
Figure 178: Ecuadorian GDP Per Capita at Constant Prices (US$), 2009–2013
Figure 179: Ecuadorian GDP at Current Prices (US$ Billion), 2009–2013
Figure 180: Ecuadorian GDP Per Capita at Current Prices (US$), 2009–2013
Figure 181: Ecuadorian GDP by Key Sector (%), 2008 and 2012
Figure 182: Ecuadorian Agriculture Net Output at Current Prices (US$ Billion), 2008–2012
Figure 183: Ecuadorian Manufacturing Net Output at Current Prices (US$ Billion), 2008–2012
Figure 184: Ecuadorian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 185: Ecuadorian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2008–2012
Figure 186: Ecuadorian Mining, Manufacturing and Utilities Growth as a Percentage of GDP, 2008–2012
Figure 187: Ecuadorian Construction Net Output at Current Prices (US$ Billion), 2008– 2012
Figure 188: Ecuadorian Construction Output at Current Prices as a Percentage of GDP (%), 2008–2012
Figure 189: Ecuadorian Inflation Rate (%), 2009–2013
Figure 190: Ecuadorian Merchandise Exports Growth (%), 2009–2012
Figure 191: Ecuadorian Merchandise Imports Growth (%), 2009–2012
Figure 192: Ecuadorian Commercial Vehicle Exports – Total Value (US$ Thousand), 2009–2013
Figure 193: Ecuadorian Commercial Vehicle Imports – Total Value (US$ Thousand), 2009–2013
Figure 194: Ecuadorian Automotive Exports – Total Value (US$ Thousand), 2009–2013
Figure 195: Ecuadorian Automotive Imports – Total Value (US$ Million), 2009–2013
Figure 196: Ecuadorian Internet Subscribers (Million), 2008–2012
Figure 197: Ecuadorian Size of Labor Force (Million), 2008–2012
Figure 198: Ecuadorian Unemployment Rate (%), 2009–2013
Figure 199: Ecuadorian Household Consumption Expenditure (US$ Billion), 2009–2013
Figure 200: Ecuadorian Total Population (Million), 2009–2013
Figure 201: Ecuadorian Urban and Rural Populations (%), 2009–2013
Figure 202: Ecuadorian Population Distribution by Age (%), 2009–2013
Figure 203: Ecuadorian Life Expectancy (Years), 2009–2013

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