Tuesday 4 February 2014

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

Personal Accident and Health Insurance in Finland, Key Trends and Opportunities to 2017

In terms of gross written premium, personal accident and health is the smallest segment in the Finnish insurance industry. The government’s welfare system, under which healthcare services are free for all Finns, and wide social security cover have limited the requirement for private health insurance. Over the forecast period, personal accident and health insurance growth is expected to be driven by the health insurance category, which accounted for 59.9% of the segment in 2012. Overall, the value of the segment is expected to increase from EUR0.4 billion (US$0.5 billion) in 2012 to EUR0.6 billion (US$0.7 billion) in 2017, at a compound annual growth rate (CAGR) of 8.4%.

The report provides in depth market analysis, information and insights into the Finnish personal accident and health insurance segment, including:
  • The Finnish 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 Finnish personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Finland
  • A detailed overview of the regulatory framework of the Finnish insurance industry
  • A description of the personal accident and health reinsurance segment in Finland
  • Porter's Five Forces Analysis of the personal accident and health insurance segment
  • A benchmarking section on the Finnish life insurance segment in comparison with other countries in the Nordic Region


Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Finland:
  • It provides historical values for the Finnish personal accident and health insurance segment for the report’s 2008–2012 review period and expected figures for the 2012–2017 forecast period.
  • It offers a detailed analysis of the key sub-segments in Finnish 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 Finland.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Finland for the personal accident and health insurance segment.
  • It provides a detailed analysis of the reinsurance segment in Finland and its growth prospects.
  • It profiles the top personal accident and health insurance companies in Finland 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 Finnish personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Finnish 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 Finnish insurance industry and its impact on companies and the market's future


Key Highlights
  • Over the forecast period, personal accident and health insurance growth is expected to be driven by the health insurance category, which accounted for 59.9% of the segment in 2012.
  • Direct marketing channels, such as the insurers’ branches, accounted for 45.4% of the new business gross written premium in 2012, while bancassurance contributed 39.2%.
  • The personal accident and health insurance segment accounted for the lowest share, just 2.0%, of the insurance industry in 2012, in terms of total gross written premium.
  • In 2012, the health category dominated personal accident and health insurance, with a segment share of 59.2%.
  • The five leading companies collectively accounted for 85.9% of the segment’s gross written premium in 2012.

Spanning over 230 pages, 128 Tables and 156 Figures “Personal Accident and Health Insurance in Finland, Key Trends and Opportunities to 2017” report provide Nordic Region Market Dynamics, Personal Accident and Health Insurance Segment – Regional Benchmarking, Finnish Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Finnish Personal Accident and Health Insurance, Reinsurance Growth Dynamics and Challenges, Governance, Risk and ComplianceCompetitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix and the report cover 10 Companies - If P&C Insurance Company Ltd, Pohjola Insurance Ltd, LocalTapiola Mutual Pension Insurance Company, Eurooppalainen Insurance Company Ltd, Fennia Mutual Insurance Company, Local Insurance Mutual Company, Pohjantähti Mutual Insurance Company, Turva Mutual Insurance Company, Aktia Non-Life Insurance Company Ltd, Försäkringsaktiebolaget Alandia.


Find All Banking and Finance Reports at: http://www.marketresearchreports.com/banking-finance

No comments:

Post a Comment