The State of Global Risk and Opportunities in the Insurance Market :

The matrix  published by Ernst and Young shows the list of nations and analysis of their potentian risk and opportunity, which takes into account the following parameters 1)insurance premium growth 2) macroeconomic environment 3) Regulatory change 4) Liquidity 

For most of the past decade, focusing on the BRICs seemed a simple strategy for insurance companies seeking to expand their business in RGMs. In 2007, the average growth of these four economies was 9.6%. Today, however, growth in the BRIC economies has slowed markedly, especially in Brazil and India. According to recent forecasts from Oxford Economics, the average growth rate of real GDP in the BRICs was 4.3% in 2012, and that rate is expected to rebound only modestly, to about 5.6%, between now and 2018.  However Brazil is considered  a country that " can continue to see a moderate to high growth ,as it has the third-largest forecast growth in insurance premiums in US dollar terms, following China and India

Growth in other RGMs will be affected by this deceleration.As the matrix below illustrates, countries such as China, the United Arab Emirates, Thailand, Malaysia and Mexico offer intriguing near-term growth potential, with modest risk. Nations such as Turkey and Indonesia offer even higher growth potential but also exhibit greater risks.