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

The non-life segment is the second-largest in the Danish insurance industry, representing 21.5% of the industry’s gross written premium in 2012. It was led by the property insurance category with a 53.0% share of the segment’s gross written premium in 2012, followed by motor insurance with 32.7%. Mandatory fire insurance for houses supported the growth of property insurance in Denmark. Moreover, growth in automobile sales and recovery in the property market in Denmark supported the growth of the non-life segment during the review period, and is expected to continue to do so over the forecast period. Compulsory third-party motor liability insurance and comprehensive motor insurance also supported the growth of non-life insurance during the review period, and both motor and property insurance are expected to retain their shares over the forecast period.

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

• The Danish 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 Danish non-life insurance segment
• The detailed competitive landscape in the non-life insurance segment in Denmark
• Detailed regulatory framework of the Danish insurance industry
• A description of the non-life reinsurance segment in Denmark
• Porter's Five Forces analysis of the non-life insurance segment
• A benchmarking section on the Danish life insurance segment in comparison with other countries in the Nordic Region

Scope

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

• It provides historical values for Denmark’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 Denmark’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 Denmark.
• Using Porter’s industry-standard 'Five Forces' analysis, it details the competitive landscape in Denmark for the non-life insurance segment.
• It provides a detailed analysis of the reinsurance segment in Denmark and its growth prospects.
• It profiles the top non-life insurance companies in Denmark 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 Danish non-life insurance segment and each category within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Danish 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 Danish insurance industry and its impact on companies and the market's future

Key Highlights

• Non-life insurance was the second-largest segment in the Danish insurance industry in 2012, representing a 21.5% industry share
• The Danish non-life segment is large and concentrated, with the top 10 insurers accounting for around 85% of the segment’s overall gross written premium in 2012
• Property insurance dominated the segment with a 53.0% share in 2012, followed by motor insurance with 32.7, general liability with 12.1% and marine aviation and transit insurance with 2.2%
• As of 2012, 85 companies were licensed to conduct non-life insurance business in the country, down from 113 in 2008
• A series of mergers and acquisitions during the review period significantly changed the competitive structure of the industry

Spanning over 284 pages, 178 Tables and 202 Figures “Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017” report provide Executive Summary, Nordic Region Market Dynamics, Non-Life Insurance Segment – Regional Benchmarking, Danish Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Danish Non-Life Insurance Market, Reinsurance Growth Dynamics and Challenges, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix. This Report Cover 10 Companies - Tryg Forsikring A/S, Codan Forsikring A/S, Topdanmark Forsikring A/S, Alm. Brand Forsikring A/S, LB Forsikring A/S, Danske Forsikring A/S, Forsikrings-Aktieselskabet Alka Liv II, Alpha Insurance A/S, GF-Forsikring A/S, Nykredit Forsikring A/S.

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

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