Thursday 12 February 2015

Personal Accident and Health Insurance in Norway, Key Trends and Opportunities to 2018, New Report Launched

Personal Accident and Health Insurance in Norway, Key Trends and Opportunities to 2018

The report provides in-depth market analysis, information and insights into the Norwegian personal accident and health insurance segment, including:
  • The Norwegian personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • The various distribution channels in the Norwegian personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Norway
  • Detailed regulatory policies of the Norwegian insurance industry
  • Analysis of various consumer segments in Norwegian personal accident and health insurance
  • Key developments in the Norwegian personal accident and health insurance segment
  • New products launched by Norwegian personal accident and health insurers


The Norwegian personal and health insurance segment posted a review-period CAGR of 3.4%, and accounted for 5.0% of the industry’s gross written premium in 2013. The segment was supported by strong economic growth and rising healthcare expenditure; a trend which is anticipated to continue over the forecast period. A rise in life expectancy, healthcare expenditure and the aging population supported the growth of the segment. The gross written premium of the Norwegian health insurance category increased , at a CAGR of 17.3% during the review period. Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013.The personal accident and health segment’s gross written premium is expected to increase in 2018, at a forecast-period CAGR of 4.6%..

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Norway:
  • It provides historical values for the Norwegian personal accident and health 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 the Norwegian personal accident and health 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 analyses the various distribution channels for personal accident and health insurance products in Norway.
  • It profiles the top personal accident and health insurance companies in Norway and outlines the key regulations affecting them.


Reasons to Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to Norwegian personal accident and health insurance segment and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify the growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Norwegian insurance industry and their impact on companies and the industry's future.


Key Highlights
  • The Norwegian personal accident and health insurance segment posted a review-period CAGR of 3.4%, and accounted for 5.0% of the industry’s gross written premium in 2013.
  • Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013.
  • The health category, accounted for 36.3% of the segment’s gross written premium in 2013.
  • Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013.
  • Strategic alliances during the review period enabled insurers to strengthen their positions in the Nordic region.
  • Agencies recorded growth during the review period, and accounted for 35.6% of the total gross written premium by distribution channel in the personal accident and health segment in 2013.


Spanning over 225 pages, Personal Accident and Health Insurance in Norway, Key Trends and Opportunities to 2018” report covering the Key Facts and Events, Executive Summary, Introduction, Norwegian Insurance Industry Attractiveness, Personal Accident and Health Insurance Outlook, Analysis by Distribution Channel, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Appendix – 1, Appendix – 2. The report covered companies are - Gjensidige Forsikring, If Skadeforsikring, SpareBank 1 Forsikring, Storebrand Helseforsikring, Tryg Forsikring, Codan Forsikring (Vertikal Helseassistanse), DNB Livsforsikring ASA, Nordea, Eika Forsikring, Frende Skadeforsikring

For further information on this report, please visit- http://mrr.cm/4SS

Related Reports;

1st- Non-Life Insurance in Norway, Key Trends and Opportunities to 2018 - visit at: http://mrr.cm/4ST

2nd- Life Insurance in Norway, Key Trends and Opportunities to 2018 - visit at: http://mrr.cm/4Sq

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