Non-Life Insurance in Belgium, Key Trends and Opportunities to 2018, New Report Launched

The Belgian non-life insurance segment accounted for 24.4% of the country’s total insurance gross written premium in 2013. The non-life segment’s written premium grew at a CAGR of 3.2% during the review period (2009–2013). The growth was primarily generated by the country’s favorable regulatory environment for non-life insurers, such as the compulsory nature of motor and fire insurance, which helped these categories record strong review-period growth. Its growth was further accelerated by the country’s strong transport connections with France, Germany and the Netherlands.

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

• The Belgian non-life insurance segment’s growth prospects by non-life insurance category
• Key trends and drivers for the non-life insurance segment
• The various distribution channels in the Belgian non-life insurance segment
• The detailed competitive landscape in the non-life insurance segment in Belgium
• Detailed regulatory policies of the Belgian insurance industry
• Analysis of various consumer segments in Belgian non-life insurance
• Key developments in the Belgian non-life insurance segment
• New products launched by Belgian non-life insurers

Scope

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

• It provides historical values for Belgium’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 Belgium’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 analyzes the various distribution channels for non-life insurance products in Belgium.
• It profiles the top non-life insurance companies in Belgium 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 Belgian non-life insurance segment and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Belgian 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 Belgian insurance industry and their impact on companies and the industry's future.

Key Highlights

• The Belgian non-life segment is dominated by multinationals and is highly concentrated; the 10 leading companies together accounted for 81.1% of the segment’s total gross written premium in 2013.
• The Belgian non-life insurance segment accounted for 24.4% of the country’s total insurance gross written premium in 2013.
• The motor insurance category claimed the largest proportion of the Belgian non-life insurance segment in 2013.
• Belgium has a well-regulated insurance industry, and the country’s Banking, Finance and Insurance Commission (CBFA) has enacted several favorable provisions to support the growth of non-life insurance.
• Belgium’s total internet subscriber base grew at a review-period CAGR 5.3%. E-commerce emerged as one of the fastest-growing distribution channels, with an expected forecast-period CAGR of 7.2%.
• During the review period, Belgian exports as percentage of GDP grew from 78.2% in 2009 to 92.4% in 2012. This gave impetus to non-life insurance.

Spanning over 303 pages, “Non-Life Insurance in Belgium, Key Trends and Opportunities to 2018” report covering the Key Facts and Events, Executive Summary, Introduction, Belgian Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channel, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Appendix – 1,  Appendix – 2. The report covered companies are - Axa Belgium, AG Insurance, Ethias, CBC Assurance, Baloise, Allianz Benelux, Belfius (Belins), DKV Belgium, Vivium Assurance, P&V Assurance

For more information see – http://mrr.cm/4Zo

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