Non-Life Insurance in Venezuela, Key Trends and Opportunities to 2017, New Report Launched

Non-life insurance is one of the most highly regulated and concentrated segments in the Venezuelan insurance industry. It was the largest segment, accounting for 48.6% of the industry’s total gross written premium in 2012. The segment was led by the motor insurance category in 2012 with a 66.9% share of the gross written premium, followed by property insurance with 26.3%. A growth in automobile sales, the rising property market and high inflation supported the segment’s growth during the review period (2008–2012), and are expected to continue to do so over the forecast period (2012–2017). Compulsory third-party motor liability insurance also supported the growth of non-life insurance during the review period, and both motor and property insurance are expected to retain their segment-leading positions over the forecast period.

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

  • The Venezuelan non-life insurance segment’s growth prospects by non-life insurance categories
  • Key trends and drivers for the non-life insurance segment
  • The various distribution channels in the Venezuelan non-life insurance segment
  • Detailed competitive landscape in the non-life insurance segment in Venezuela
  • Regulatory policies of the Venezuelan insurance industry
  • A description of the non-life reinsurance segment in Venezuela
  • Porter’s Five Forces Analysis of the non-life insurance segment
  • Benchmarking section on the Venezuelan non-life insurance segment in comparison to other countries in the Latin American region

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

  • It provides historical values for Venezuela’s non-life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key categories in Venezuela’s non-life insurance segment, along with market forecasts until 2017
  • 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 Venezuela
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Venezuela for the non-life insurance segment
  • It provides a detailed analysis of the reinsurance segment in Venezuela and its growth prospects
  • It profiles the top non-life insurance companies in Venezuela 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 Venezuelan non-life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan non-life insurance segment
  • Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Venezuelan insurance industry and its impact on companies and the market’s future

Key Highlights:

  • The Venezuelan non-life insurance segment grew from VEF11.7 billion (US$5.4 billion) in 2008 to VEF28.9 billion (US$6.7 billion) in 2012, at a review-period compound annual growth rate (CAGR) of 25.4%, supported by motor insurance, rising automobile sales and inflation
  • Motor insurance dominated the segment with a share of 66.9% in 2012, followed by property insurance with 26.3%, marine, aviation and transit with 3.9%, and general liability with 2.8%
  • With anticipated growth in the Venezuelan construction industry, the property insurance category is expected to increase at a forecast-period CAGR of 26.8% to reach VEF24.9 billion (US$1.9 billion) in 2017
  • Brokers formed the largest non-life insurance distribution channel in Venezuela, accounting for 69.0% of the segment in terms of new business written premium in 2012
  • The non-life insurance segment is concentrated with the 10-leading insurers accounting for 71.8% of the total non-life segment in terms in terms of written premiums in 2012

Spanning over 252 pages, 183 tables and 198 figures, “Non-Life Insurance in Venezuela, Key Trends and Opportunities to 2017” report provides a comprehensive analysis of the non-life insurance segment in Venezuela.

In addition to covering The Regional Market Dynamics, Non-Life Insurance Segment – Regional Benchmarking, Venezuelan Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Venezuelan Non-Life Insurance Market, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 companies- Seguros Caracas de Liberty Mutual CA, Seguros Mercantil CA, CA de Seguros La Occidental, Mapfre la Seguridad CA de Seguros, Estar Seguros SA, Seguros Altamira CA, Banesco Seguros CA, Zurich Seguros SA, Multinacional de Seguros CA, CNA de Seguros La Previsora.

For more information visit : http://www.marketresearchreports.com/timetric/non-life-insurance-venezuela-key-trends-and-opportunities-2017

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Market Research Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Reinsurance in Venezuela, Key Trends and Opportunities to 2017, New Report Launched

The Venezuelan reinsurance segment is concentrated, with four operational companies, all of which are owned by local business people. However, the number of reinsurers is expected to decrease over the forecast period. The frequent occurrence of natural disasters and increases in minimum capital requirements also supported the growth of Venezuelan reinsurance during the review period (2008−2012). Venezuela’s high crime rate – the country ranks as one of the most violent in Latin America – is also expected to encourage insurers to share risk with reinsurers. The segment registered a review-period compound annual growth rate (CAGR) of 37.0%, with growth in all insurance segments and widespread flooding in 2010, 2011 and 2012 increasing demand for non-life insurance and reinsurance.

The report provides in-depth market analysis, information and insights into the Venezuelan reinsurance segment, including:

  • The Venezuelan reinsurance segment’s growth prospects by reinsurance categories
  • Key trends and drivers for the reinsurance segment
  • The Venezuelan reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in the Venezuelan reinsurance segment

This report provides a comprehensive analysis of the reinsurance segment in Venezuela:

  • It provides historical values for Venezuela’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Venezuela’s reinsurance segment, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Venezuela and its growth prospects

Reasons To Buy

  • Make strategic business decisions using in depth historic and forecast market data related to the Venezuelan reinsurance segment and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Venezuelan insurance industry and its impact on companies and the market’s future

Key Highlights:

  • The Venezuelan reinsurance segment is concentrated, with four operational companies, all of which are owned by local business people
  • The non-life insurance premium ceded to reinsurers increased from 23.8% in 2008 to 27.4% in 2012
  • The Venezuelan reinsurance segment was led by facultative reinsurance during the review period, which accounted for 85.0% of the segment in terms of written premium in 2012
  • The development of the Venezuelan oil industry, and the country’s vulnerability to natural disasters have led to growth in property insurance and reinsurance

Spanning over 71 pages, 23 tables and 45 figures, “Reinsurance in Venezuela, Key Trends and Opportunities to 2017” report provides in-depth market analysis, information and insights into the Venezuelan reinsurance segment.

In addition to covering The Venezuelan Insurance Industry Attractiveness, Reinsurance Growth Dynamics and Challenges, Key Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix.The report cover 2 companies- Munich Re and Mapfre Re.

For more information visit: http://www.marketresearchreports.com/timetric/reinsurance-venezuela-key-trends-and-opportunities-2017

About Market Research Reports, Inc.

Market Research Reports, Inc. (www.MarketResearchReports.com) is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

The Insurance Industry in Belarus, Key Trends and Opportunities to 2017, New Report Launched

The Republic of Belarus is a landlocked country in Eastern Europe bordered by Russia, Poland, Ukraine, Lithuania and Latvia. Due to its geographical location, the country acts as a link between Western Europe, Russia and Asian countries. This, coupled with the high government expenditure through public programs, insurance industry reforms and favorable growth in exports, mainly to Russia, supported growth in the insurance industry during the review period. The Belarusian insurance industry grew in terms of written premium value from BYR954.1 billion (US$446.6 million) in 2008 to BYR4.3 trillion (US$520.3 million) in 2012, recording a CAGR of 46.0% during the review period (2008–2012).

The report provides in-depth industry analysis, information and insights into the insurance industry in Belarus, including:

  • The Belarusian insurance industry’s growth prospects by insurance segments and categories
  • The competitive landscape in the Belarusian insurance industry
  • The current trends and drivers of the Belarusian insurance industry
  • The challenges facing the Belarusian insurance industry
  • The regulatory framework of the Belarusian insurance industry
  • Benchmarking section on the Belarusian insurance industry in comparison to other countries in the CIS region

This report provides a comprehensive analysis of the insurance industry in Belarus:

  • It provides historical values for Belarusian insurance industry for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key segments and sub-segments in Belarusian insurance industry, along with forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions
  • It profiles the top insurance companies in Belarus, and outlines the key regulations affecting them

Reasons To Buy

  • Make strategic business decisions using in-depth historic and forecast industry data related in the Belarusian insurance industry and each segment within it
  • Understand the demand-side dynamics, key trends and growth opportunities within the Belarusian insurance industry
  • Assess the competitive dynamics in the the Belarusian insurance industry
  • Identify the growth opportunities and market dynamics within key segments
  • Gain insights into key regulations governing the Belarusian insurance industry and its impact on companies and the industry’s future

Key Highlights

  • The Belarusian insurance industry is small and developing, with its gross written premium standing at BYR4.3 trillion (US$520.3 million) in 2012. Insurance penetration, measured as gross written premium as a percentage of GDP, stood at 0.82% in 2012
  • The industry remained unaffected by the global and European debt crises due to its minimal participation in the global insurance industry
  • The industry in Belarus is small and highly concentrated. There were 25 companies operating in the Belarusian insurance industry as at the end of 2012
  • The Insurance Supervisory Department, under the Ministry of Finance, is the regulator of the insurance industry in Belarus
  • Belarusian GDP at constant prices declined from US$62.2 billion in 2007 to US$31.2 billion in 2011 at a CAGR of 15.9% during the review period.

Spanning over 176 pages, 93 tables and 127 figures, “The Insurance Industry in Belarus, Key Trends and Opportunities to 2017” report covering Introduction, Regional Market Dynamics, Life Insurance – Regional Benchmarking, Non-Life Insurance – Regional Benchmarking, Personal Accident and Health Insurance – Regional Benchmarking, Belarusian Insurance Industry Overview, Industry Segmentation, Competitive Landscape, Economic Indicators. The report cover 10 companies- Belgosstrakh, CJSC Task, CJSC Promtransinvest, Beleximgarant, JSIC B&B Insurance Co., CJSC Belneftestrakh, RDUSP Stravita, JV Belkoopstrah, JSC IC Belrosstrah, SBA CJSIC Midsummer.

Inquire about this report: http://www.marketresearchreports.com/timetric/insurance-industry-belarus-key-trends-and-opportunities-2017

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MarketResearch Reports, Inc. (www.MarketResearchReports.com) is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

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Life Insurance in Venezuela, Key Trends and Opportunities to 2017, New Report Launched

The life segment accounted for the lowest share of the Venezuelan insurance industry during the review period (2008−2012). It did, however, register significant growth, which indicates an increase in public awareness of the benefits of life insurance. Funeral insurance, which was made compulsory for retirees, pensioners, the disabled and low-income families, also contributed to the growth. The life segment posted a review-period CAGR of 26.6%. Regulatory changes and an increase in consumer confidence will support growth over the forecast period (2012−2017); the segment is expected post a forecast-period CAGR of 27.6%.

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

  • The Venezuelan life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in the Venezuelan life insurance segment
  • Detailed competitive landscape in the life insurance segment in Venezuela
  • Regulatory policies of the Venezuelan insurance industry
  • A description of the life reinsurance segment in Venezuela
  • Porter’s Five Forces Analysis of the life insurance segment
  • Benchmarking section on the Venezuelan life insurance segment in comparison to other countries in the Latin American region

This report provides a comprehensive analysis of the life insurance segment in Venezuela:

  • It provides historical values for Venezuelan life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Venezuelan life insurance segment, along with market forecasts until 2017
  • 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 life insurance products in Venezuela
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Venezuela for the life insurance business
  • It provides a detailed analysis of the reinsurance segment in Venezuela and its growth prospects
  • It profiles the top life insurance companies in Venezuela 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 Venezuelan life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan  life insurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Venezuelan insurance industry and its impact on companies and the market’s future

Key Highlights

  • The life segment posted a review-period CAGR of 26.6%. Regulatory changes and an increase in consumer confidence will support growth over the forecast period (2012−2017)
  • In the life segment, funeral insurance was made mandatory for retirees, pensioners, the disabled and low-income families
  • Venezuela’s young and rapidly growing population is expected to play a vital role in the growth of life insurance in the long term
  • The Venezuelan life insurance segment is mainly supported by savings products. Insurers typically provide life insurance as an additional benefit to encourage the sale of other financial products
  • In terms of new business written premium generated within the life segment, agencies accounted for 46.9% in 2012, followed by brokers with 32.7%

Spanning over 219 pages, 145 tables and 174 figures, “Life Insurance in Venezuela, Key Trends and Opportunities to 2017” report covering Introduction, Regional Market Dynamics, Life Insurance Segment – Regional Benchmarking, Venezuelan Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – Venezuelan Life Insurance, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report cover 10 companies- Seguros Horizonte CA, Seguros la Fe CA, Zurich Seguros SA, Banesco Seguros CA, Seguros Mercantil CA, Seguros Provincial CA, CNA de Seguros La Previsora, CA de Seguros La Occidental, Mapfre la Seguridad CA de Seguros, Seguros Caracas de Liberty Mutual CA.

Inquire about this report:  http://www.marketresearchreports.com/timetric/life-insurance-venezuela-key-trends-and-opportunities-2017

Related Reports are;

1st– Reinsurance in Venezuela, Key Trends and Opportunities to 2017 – See more at: http://www.marketresearchreports.com/timetric/reinsurance-venezuela-key-trends-and-opportunities-2017

2nd– Non-Life Insurance in Venezuela, Key Trends and Opportunities to 2017 – See more at: http://www.marketresearchreports.com/timetric/non-life-insurance-venezuela-key-trends-and-opportunities-2017

About Market Research Reports, Inc.

MarketResearch Reports, Inc. (www.MarketResearchReports.com) is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter

Personal Accident and Health Insurance in Venezuela, Key Trends and Opportunities to 2017, New Report Launched

The Venezuelan personal accident and health insurance segment accounted for the second-largest share of overall insurance industry premiums during the review period (2007−2011). With rising healthcare expenditure and mandatory health insurance for retirees, the disabled and low-income families, the health insurance category increased at a CAGR of 30.6% during the review period. The lack of skilled personnel in government health institutions, and unavailability of specialized treatment are driving the Venezuelan population towards private healthcare in the country. The Venezuelan health insurance category led the personal accident and health insurance segment with a 97.0% share in 2012. Over the forecast period (2012−2016), rising consumer awareness of health insurance is anticipated to be backed by rising healthcare expenditure and is expected to drive the segment.

The report provides in-depth market analysis, information and insights into the Venezuelan personal accident and health insurance segment, including:

  • The Venezuelan personal accident and health insurance segment’s growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the Venezuelan personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in Venezuela
  • Regulatory policies of the Venezuelan insurance industry
  • A description of the personal accident and health reinsurance segment in Venezuela
  • Porter’s Five Forces Analysis of the personal accident and health insurance segment
  • Benchmarking section on the Venezuelan personal accident and health insurance segment in comparison to other countries in the Latin American region

This report provides a comprehensive analysis of the personal accident and health insurance segment in Venezuela:

  • It provides historical values for Venezuelan personal accident and health insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key categories in Venezuela’s personal accident and health insurance segment, along with market forecasts until 2017
  • 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 personal accident and health insurance products in Venezuela
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Venezuela for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in Venezuela and its growth prospects
  • It profiles the top personal accident and health insurance companies in Venezuela 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 Venezuelan personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Venezuelan personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Venezuelan insurance segment and its impact on companies and the market’s future

Key Highlights

  • With rising healthcare expenditure and mandatory health insurance for retirees, the disabled and low-income families, the health insurance category increased at a CAGR of 30.6% during the review period
  • Personal accident and health insurance policies are primarily distributed in Venezuela through insurance brokers, followed by agencies
  • During the review period, the health category dominated the personal accident and health segment with a market share of 97.0% in 2012
  • The travel insurance category is the smallest in the segment, with a market share of 0.4% in written premium terms
  • Horizonte was the leading company in the segment, and accounted for 17.4% of the segment’s written premiums in 2012

Spanning over 203 pages, 133 tables and 155 figures, “Personal Accident and Health Insurance in Venezuela, Key Trends and Opportunities to 2017” report covering Introduction, Regional Market Dynamics, Personal Accident and Health Insurance Segment – Regional Benchmarking, Venezuelan Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Venezuelan Personal Accident and Health Insurance, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report cover 10 companies- Seguros Horizonte CA, Seguros Caracas de Liberty Mutual, CA, Seguros Mercantil CA, CA de Seguros La Occidental, CNA de Seguros La Previsora, Mapfre la Seguridad CA de Seguros, Seguros Altamira CA, Seguros Federal CA, Seguros Qualitas, CA, Multinacional de Seguros CA..

Inquire about this report: : http://www.marketresearchreports.com/timetric/personal-accident-and-health-insurance-venezuela-key-trends-and-opportunities-2017

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Non-Life Insurance in Hong Kong, Key Trends and Opportunities to 2017, New Report Launched

The Hong Kong non-life insurance segment recorded strong growth during the review period, primarily supported by rising motor vehicle sales, an increase in construction activity and a favorable regulatory framework. Hong Kong’s increasing volume of construction and infrastructure projects drove demand for property insurance during the review period. The written premium of the non-life segment increased, at a compound annual growth rate (CAGR) of 7.5% during the review period (2008–2012). General liability was the leading category in the segment, accounting for 43.1% of the written premium in 2012, followed by property insurance with a 27.9% share, motor insurance with 18.2%, and marine, aviation and transit insurance with 10.8%.

The report provides in depth market analysis, information and insights into Hong Kong’s non-life insurance segment, including:

  • Hong Kong’s non-life insurance segment’s growth prospects by non-life insurance categories
  • Key trends and drivers for the non-life insurance segment
  • The various distribution channels in Hong Kong’s non-life insurance segment
  • Detailed competitive landscape in the non-life insurance segment in Hong Kong
  • Detailed regulatory framework of Hong Kong’s insurance industry
  • A description of the non-life reinsurance segment in Hong Kong
  • Porter’s Five Forces Analysis of the non-life insurance segment
  • Benchmarking section on Hong Kong’s non-life insurance segment in comparison to other countries in the South-East Asian region

Scope:

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

  • It provides historical values for Hong Kong’s non-life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Hong Kong’s non-life insurance segment, along with market forecasts until 2017
  • 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 Hong Kong
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Hong Kong for the non-life insurance segment
  • It provides a detailed analysis of the reinsurance segment in Hong Kong and its growth prospects
  • It profiles the top non-life insurance companies in Hong Kong and outlines the key regulations affecting them

Reasons To Buy:

  • Make strategic business decisions using in depth historic and forecast market data related to Hong Kong’s non-life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within Hong Kong’s non-life insurance segment
  • Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing Hong Kong’s insurance industry and its impact on companies and the market’s future

Key Highlights:

  • The Hong Kong non-life insurance segment recorded strong growth during the review period, primarily supported by rising motor vehicle sales, an increase in construction activity and a favorable regulatory framework
  • The written premium of the non-life segment increased from HKD14.3 billion (US$1.8 billion) in 2008 to HKD19.1 billion (US$2.5 billion) in 2012, at a compound annual growth rate (CAGR) of 7.5% during the review period
  • General liability was the leading category in the segment in 2012, accounting for 43.1% of written premiums. Property insurance was the second-largest category in the segment in 2012, accounting for 27.9% of written premiums
  • Insurance brokers represented the second-largest distribution channel in the non-life segment in 2012, accounting for 26.1% of the written premium
  • The Hong Kong non-life segment is fragmented with the 10 leading companies collectively accounting for 50.4% of the segment’s written premium in 2011.

Spanning over 279 pages, 183 tables and 202 figures, “Non-Life Insurance in Hong Kong, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Regional Market Dynamics, Non-Life Insurance Segment– Regional Benchmarking, Hong Kong Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Hong Kong Non-Life Insurance, Reinsurance Growth Dynamics and Challenges, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 companies- AIG Insurance Hong Kong Ltd, Bank of China Group Insurance Company Ltd, Zurich Insurance (Hong Kong), China Taiping Insurance Holdings Company Ltd, QBE Hong Kong & Shanghai Insurance Ltd, MSIG Insurance (Hong Kong) Ltd, HSBC Insurance (Asia) Ltd, The Hong Kong Mortgage Corporation Ltd, Wing Lung Insurance Company Ltd, Axa General Insurance Hong Kong Ltd.

For more information visit : http://www.marketresearchreports.com/timetric/non-life-insurance-hong-kong-key-trends-and-opportunities-2017

About Market Research Reports, Inc.
Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Life Insurance in Hong Kong, Key Trends and Opportunities to 2017, New Report Launched

In terms of gross written premium, the life insurance segment was the largest in the Hong Kong insurance industry during the review period and accounted for 87.5% of the total insurance industry’s written premiums in 2012. The segment’s written premium grew at a CAGR of 7.6% during the review period. The segment’s growth was driven by rising consumer awareness of life insurance cover, favorable government regulations, product innovation and marketing campaigns. However, consumers have been reluctant to invest in unit-linked products which are highly exposed to market conditions, whereas traditional products such as whole life, endowment and term life insurance grew during the review period. This growth was mainly a result of the increasing acceptance of these products among the general public due to marketing strategies adopted by insurers to encourage clients to use traditional products as an investment vehicle during the economic downturn. Hong Kong’s life insurance written premium is expected to grow at a CAGR of 4.9% over the forecast period.

The report provides in depth market analysis, information and insights into Hong Kong’s life insurance segment, including:

  • Hong Kong’s life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in Hong Kong’s life insurance segment
  • Detailed competitive landscape in the life insurance segment in Hong Kong
  • Detailed regulatory framework of Hong Kong’s insurance industry
  • A description of the life reinsurance segment in Hong Kong
  • Porter’s Five Forces Analysis of the life insurance segment
  • Benchmarking section on Hong Kong’s life insurance segment in comparison to other countries in the South-East Asian region

Scope:

This report provides a comprehensive analysis of the life insurance segment in Hong Kong:

  • It provides historical values for Hong Kong’s life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Hong Kong’s life insurance segment, along with market forecasts until 2017
  • 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 life insurance products in Hong Kong
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Hong Kong for the life insurance business
  • It provides a detailed analysis of the reinsurance segment in Hong Kong and its growth prospects
  • It profiles the top life insurance companies in Hong Kong and outlines the key regulations affecting them

Reasons To Buy:

  • Make strategic business decisions using in depth historic and forecast market data related to Hong Kong’s life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within Hong Kong’s life insurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing Hong Kong’s insurance industry and its impact on companies and the market’s future

Key Highlights:

  • In terms of gross written premium, the life insurance segment was the largest in the Hong Kong insurance industry during the review period
  • The life insurance segment recorded notable growth by increasing at a CAGR of 7.6% during the review period
  • The segment’s growth was driven by rising consumer awareness of life insurance cover, favorable government regulations, product innovation and marketing campaigns
  • Bancassurance is the one of the popular and dominant distribution channel for life products in Hong Kong, and accounted for 46.6% of the new business written premium in 2012
  • The segment is highly concentrated with the 10-leading life insurance companies accounting for 75.2% of the segment’s written premium in 2011.

Spanning over 260 pages, 151 tables and 191 figures, “Life Insurance in Hong Kong, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Regional Market Dynamics, Life Insurance – Regional Benchmarking, Hong Kong Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – Hong Kong Life Insurance, Reinsurance Growth Dynamics and Challenges, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 companies- HSBC Insurance (Asia) Ltd, American International Assurance Company, Prudential Corporation Asia Ltd, Manulife (International) Ltd, BOC Group Life Assurance Company Ltd, Hang Seng Life Ltd, China Life Insurance (Overseas) Company Ltd, Axa China Region Insurance Company, ING Life Insurance Company, Sun Life Hong Kong Ltd.

For more information visit : http://www.marketresearchreports.com/timetric/life-insurance-hong-kong-key-trends-and-opportunities-2017

About Market Research Reports, Inc.
Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2017, New Report Launched

The Hong Kong personal accident and health insurance segment recorded growth during the review period, with the segment’s written premium value increasing at a CAGR of 6.9%. This growth was driven by an increase in healthcare expenditure, a rise in the volume of outbound tourists, favorable government initiatives and growing consumer awareness of the benefits of insurance products. Furthermore, Hong Kong’s positive economic outlook is expected to drive the growth of the segment over the forecast period. According to the IMF, Hong Kong’s GDP at current price is expected to increase at a CAGR of 8.1% over the forecast period, to reach a projected value of HKD3.0 trillion (US$387.2 billion) in 2017. This growth is expected to result in an increase in average income levels and, consequently, improved demand for personal accident and health insurance products. Specifically, the number of personal accident and health insurance policies sold in the country is expected to increase from 4.2 million in 2012 to 5.2 million in 2017, at a projected forecast-period CAGR of 4.5%.

The report provides in depth market analysis, information and insights into Hong Kong’s personal accident and health insurance segment, including:

  • Hong Kong’s personal accident and health insurance segment’s growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in Hong Kong’s personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in Hong Kong
  • Detailed regulatory framework of Hong Kong’s insurance industry
  • A description of the personal accident and health reinsurance segment in Hong Kong
  • Porter’s Five Forces Analysis of the personal accident and health insurance segment
  • Benchmarking section on Hong Kong’s personal accident and health insurance segment in comparison to other countries in the South-East Asian region

Scope:

This report provides a comprehensive analysis of the personal accident and health insurance segment in Hong Kong:

  • It provides historical values for Hong Kong’s personal accident and health insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Hong Kong’s personal accident and health insurance segment, along with market forecasts until 2017
  • 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 personal accident and health insurance products in Hong Kong
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Hong Kong for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in Hong Kong and its growth prospects
  • It profiles the top personal accident and health insurance companies in Hong Kong and outlines the key regulations affecting them

Reasons To Buy:

  • Make strategic business decisions using in depth historic and forecast market data related to Hong Kong’s personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within Hong Kong’s personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing Hong Kong’s insurance segment and its impact on companies and the market’s future

Key Highlights:

  • Health insurance was the largest category in the segment during the review period, representative of a 77.6% share of the total written premiums in 2012
  • This growth of the personal accident and health insurance segment was driven by an increase in healthcare expenditure, a rise in the volume of outbound tourists, favorable government initiatives and growing consumer awareness of the benefits of insurance products
  • Direct marketing was the most popular distribution channel in the personal accident and health segment, and accounted for 29.1% of the segment’s written premiums in 2012, up from 23.8% in 2008
  • The personal accident and health segment is highly competitive and concentrated, with the top 10 companies accounting for a combined segment share of 76.9% in 2011

Spanning over 242 pages, 143 tables and 168 figures, “Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Regional Market Dynamics, Personal Accident and Health Insurance Segment–Regional Benchmarking, Hong Kong Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Hong Kong Personal Accident and Health Insurance, Reinsurance Growth Dynamics and Challenges, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 companies- Bupa (Asia) Ltd, HSBC Insurance (Asia) Ltd, American International Assurance Company Ltd, Axa General Insurance Hong Kong Ltd, Blue Cross (Asia-Pacific) Insurance Ltd, AIG Insurance Hong Kong Ltd, Bank of China Group Insurance Company Ltd, Prudential Corporation Asia Ltd, Liberty International Insurance Ltd, Gan Assurances.

For more information visit : http://www.marketresearchreports.com/timetric/personal-accident-and-health-insurance-hong-kong-key-trends-and-opportunities-2017

About Market Research Reports, Inc.
Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Reinsurance in Hong Kong, Key Trends and Opportunities to 2017, New Report Launched

The popularity of Hong Kong as a reinsurance hub and the anticipated growth of the life, non-life, and personal accident and health segments are expected to drive the growth of the Hong Kong reinsurance segment over the forecast period. Reinsurance companies operating in Hong Kong generate a considerable proportion of their revenue from offshore business, with the frequent occurrence of natural disasters in primary offshore markets of the Asia-Pacific region forcing insurance companies to cede part of their premiums to reinsurers to avoid substantial incurred loss. Overall, the written premium of the Hong Kong reinsurance segment increased at a review-period CAGR of 17.5%.

The report provides in depth market analysis, information and insights into Hong Kong’s reinsurance segment, including:

  • Hong Kong’s reinsurance segment’s growth prospects by reinsurance categories
  • Key trends and drivers for the reinsurance segment
  • Hong Kong’s reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in Hong Kong’s reinsurance segment

Scope:

This report provides a comprehensive analysis of the reinsurance segment in Hong Kong:

  • It provides historical values for Hong Kong’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Hong Kong’s reinsurance segment, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Hong Kong and its growth prospects

Reasons To Buy:

  • Make strategic business decisions using in depth historic and forecast market data related to Hong Kong’s reinsurance segment and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within Hong Kong’s reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing Hong Kong’s insurance industry and its impact on companies and the market’s future

Key Highlights: 

  • The Hong Kong reinsurance segment is dominated by international reinsurers
  • Reinsurance companies operating in Hong Kong generate the majority of their revenues from offshore markets such as Mainland China, Japan, Taiwan and other Asian countries
  • The Hong Kong reinsurance segment is one of the largest in the Asia-Pacific region, with total written premiums increasing from HKD5.4 billion (US$0.70 billion) in 2008 to HKD10.3 billion (US$1.33 billion) in 2012, at a CAGR of 17.5% during the review period
  • Hong Kong’s liberal trade policies have made the country, alongside Singapore, a leading reinsurance hub in the Asia-Pacific region

Spanning over 89 pages, 41 tables and 53 figures, “Reinsurance in Hong Kong, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Hong Kong Insurance Industry Attractiveness, Key Insurance Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 CNOOC Insurance Ltd,  Zurich Insurance, Lloyd’s Taiping Reinsurance Company Ltd, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (Munich Re), Schweizerische Rückversicherungs-Gesellschaft AG (Swiss Re), Asia Insurance Company Ltd, XL Insurance, Coface, Asia Capital Reinsurance Group Pte Ltd.

For more information visit : http://www.marketresearchreports.com/timetric/reinsurance-hong-kong-key-trends-and-opportunities-2017

About Market Research Reports, Inc.
Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Turkey’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape, New Report Launched

The card payments channel in Turkey demonstrated robust growth during the review period (2008–2012). In terms of volume, the channel grew at a compound annual growth rate (CAGR) of 11.19%, to reach 177.4 million cards in 2012. The increasing acceptance of cards in retail outlets, growing consumer preference for cashless transactions and improved banking infrastructure contributed to review-period growth. In terms of volume, the channel is expected to grow at a CAGR of 5.83% over the forecast period (2013–2017) to reach 243.9 million in 2017. While cash continues to be an important part of the overall payments system, it is increasingly being displaced by the card payments channel. To capitalize on consumer preferences, banks and card issuers have adopted various marketing and pricing strategies to encourage customers to increase card payments. Common strategies include offers, product discounts, reward points and insurance cover. A complete cashless payment system is planned for implementation by 2023.

The report provides market analysis, information and insights into Turkey’s cards and payments industry, including:

  • Current and forecast values for each category of Turkey’s cards and payments industry including debit cards, credit cards and prepaid cards.
  • Comprehensive analysis of the industry’s market attractiveness and future growth areas.
  • Analysis of various market drivers and regulations governing Turkey’s cards and payments industry.
  • Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by various bankers and other institutions in the market.
  • Comprehensive analysis of consumer attitudes and their buying preferences for cards.
  • Competitive landscape of Turkey’s cards and payments industry.

Scope:

  • This report provides a comprehensive analysis of Turkey’s cards and payments industry.
  • It provides current values for Turkey’s cards and payments industry for 2012 and forecast figures for 2017.
  • It details the different macroeconomic, infrastructural and business drivers affecting Turkey’s cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details the marketing strategies used by various bankers and other institutions.
  • It profiles the major banks in Turkey’s cards and payments industry.

Reasons To Buy:

  • Make strategic business decisions using historic and forecast market data related to Turkey’s cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities within Turkey’s cards and payments industry.
  • Assess the competitive dynamics in Turkey’s cards and payments industry.
  • Gain insights into the marketing strategies used for selling various types of cards in Turkey.
  • Gain insights into key regulations governing Turkey’s cards and payments industry.

Key Highlights:

  •  The Turkish card payments channel recorded impressive growth during the review period. The number of cards in circulation grew at a CAGR of 11.19% from 116.1 million in 2008 to 177.4 million in 2012. Increasing consumer awareness, improved banking infrastructure and effective government initiatives contributed to the channel growth. By volume, the channel is anticipated to grow at a CAGR of 5.83% over the forecast period, from 194.4 million cards in 2013 to 243.9 million in 2017.
  •  Debit cards dominate the total card payments channel in terms of volume. Debit cards are most commonly used by consumers to shop at retail outlets, withdraw cash from ATMs and for online payments. By volume, debit cards accounted for 51.4% of the total cards and payments in 2012. Growing consumer demand, widespread acceptance of credit cards by merchants, and the increase in the number of POS terminals contributed to the expansion of the total credit card category in Turkey. Prepaid cards are widely used in the form of food, travel and gift cards.
  •  The Interbank Card Center of Turkey (BKM) aims to make Turkey a 100% cash-free country by 2023, the 100th anniversary of Turkey‘s republic. As a part of this, an anti-cash campaign called ‘Bye Bye Cash’ was initiated in May 2011 to promote cards as a more effective transaction method. This campaign aims mainly to make people use debit cards on small purchases where cash is usually preferred. BKM also wants people to use debit cards for almost all transactions, increase the total frequency of card use, make new users aware of the features of cards, and encourage merchants to direct clients to cards. BKM also used social media such as Facebook and Twitter to create nationwide consumer awareness.
  •  In terms of volume of cards in circulation, the debit cards category held the highest channel share of 51.4% in 2012. The second-largest share was held by the credit cards category with 30.6%, followed by prepaid cards with 17.9%. The number of debit cards is expected to increase from 100.0 million in 2013 to 126.9 million in 2017, at a forecast-period CAGR of 6.13%. The prepaid cards category is forecast to post the highest growth at a CAGR of 9.06% over the forecast period, rising from 37.4 million cards in 2013 to 52.9 million in 2017.

Spanning over 95 pages, 47 tables and 60 figures, “Turkey’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Analysis of Market Environment, Key Trends and Drivers, Cards and Payments Industry Share Analysis, Regulatory Framework and Card Fraud Statistics, Emerging Consumer Attitudes and Trends, Analysis of Card Payments and Growth Prospects, Analysis of Credit Card Payments and Growth Prospects, Analysis of Debit Card Payments and Growth Prospects, Analysis of Prepaid Card Payments and Growth Prospects, Merchant Acquiring, Company Profiles of Card Issuers and Appendix.

For more information visit : http://www.marketresearchreports.com/timetric/turkeys-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies

About Market Research Reports, Inc.
Market Research Reports Inc. is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.