Thursday, 6 March 2014

Travel and Tourism in Mauritius to 2018, New Report Launched

Travel and Tourism in Mauritius to 2018

The Mauritian travel and tourism market suffered a significant downfall in 2009 due to the eurozone crisis, as the country’s tourism sector was largely dependent on international visitors, particularly from European countries. Following 2009, growth was recorded in international arrivals and expenditure, driven by government initiatives to promote Mauritian tourism offerings in key source markets in Europe, as well as in emerging markets such as China and India.

The report provides detailed market analysis, information and insights, including:
  • Historic and forecast tourist volumes covering the entire Mauritian travel and tourism sector
  • Detailed analysis of tourist spending patterns in Mauritius for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
  • Detailed market classification across each category, with analysis using similar metrics
  • Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

Scope

This report provides an extensive analysis related to the tourism demands and flows in Mauritius:
  • It details historical values for the Mauritian tourism sector for 2009–2013, along with forecast figures for 2014–2018
  • It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009–2013 review period and the 2014–2018 forecast period
  • The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Mauritius.
  • It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009–2013 review period and the 2014–2018 forecast period.

Reasons To Buy
  • Take strategic business decisions using historic and forecast market data related to the Mauritian travel and tourism sector.
  • Understand the demand-side dynamics within the Mauritian travel and tourism sector, along with key market trends and growth opportunities.

Key Highlights
  • Mauritius, a country with an economy that is dependent on tourism, suffered significant losses when Europe, its key source market, was hit by the sovereign debt crisis. An increase in the number of visitors from emerging markets, such as India and China, was helpful for the Mauritian travel and tourism sector. The growth is driven by the Mauritian Tourism Promotion Authority (MTPA)'s efforts to attract tourists from these nations.
  • According to the Tourism Office of Mauritius, South African tourists surpassed UK visitors in 2012, taking third place in total tourist volumes to Mauritius. In total, 40,490 South Africans visited Mauritius in the first half of 2013, compared with a total of 89,058 tourists in 2012. As South Africans shows interest towards adventure-based tourism, hence Mauritius is offering activities such as parachuting, mountain excursions, quad biking and sea diving.
  • The forecasts slow and marginal growth in domestic tourist volumes in Mauritius, rising at a CAGR of 0.31% over the five-year forecast period, to reach 1.0 million by 2018. The total domestic expenditure is expected to increase to MUR19.1 billion (US$670.0 million) by 2018, increasing at a forecast-period CAGR of 8.29%. The government must take the initiative to develop new infrastructure, implement more tourism-related projects and adopt various methods to promote domestic tourism in order to increase domestic tourist volumes.
  • Sir Seewoosagur Ramgoolam International Airport is the main international airport in Mauritius, handling majority of the international traffic. The airport’s capacity was further increased with the opening of a new terminal in 2013.
  • The room occupancy rates in Mauritius followed an uneven trend during the review period. Impacted by the eurozone sovereign debt crisis (which led to a decline in demand from the European travelers), the occupancy rate declined from 68.0% in 2008 to 61.0% in 2009. Recovery was posted in the following years, with occupancy rate increasing to 65.0% in 2011. However, driven by an excessive increase in the supply of hotel rooms (at a rate of 5.0%) in 2012, the occupancy rate declined again, in 2012, to reach 62.0%. A smoothening in occupancy rates is expected over the forecast period.
  • Car rental companies in Mauritius operate with a high degree of competition. In a market where average daily rate lies between MUR800.0 (US$28.1) to MUR2,500.0 (US$87.9), depending on the number of rental days and brand of car, the local and small car rental companies offer cars as low as MUR500.0 (US$17.6). The low rates are offered to attract customers and succeed in a highly competitive environment. These strategies also impact the rental rate and profits of leading companies such as Sixt and Europcar.
  • Backward integration, whereby customers have the option of buying directly from suppliers such as airlines, hotels and car rental companies, is a major challenge faced by travel agents. In March 2013, Air Mauritius launched car rental services through its website, which allowed passengers travelling with Air Mauritius to book rental cars with any of the three partner companies of the airline, Sixt, Hertz or Budget. The airline aims to improve the array of services to its customers by offering car rental booking in a single window. Due to the minimal costs of switching travel agents and the strategies employed by airline and car rental companies, the purchasing power of customers in the Mauritian travel and tourism sector has increased.

Spanning over 101 pages, 96 Tables and 56 Figures “Travel and Tourism in Mauritius to 2018” report provide Executive Summary, Travel and Tourism Sector In Context, Country Fact Sheet, Tourism Flows, Airlines, Hotels, Car Rental, Travel Intermediaries, Tourism Board Profile, Airport Profiles, Company Profiles – Airlines, Company Profiles – Hotels, Company Profiles – Car Rental, Company Profiles – Travel Intermediaries, Market Data Analysis, Appendix. This Report cover 16 Companies - Air Mauritius Ltd, Air Austral Mauritius, Air Seychelles Mauritius, Emirates Mauritius, Air France Mauritius, Sun Resorts Ltd, Veranda Resorts, Beachcomber Hotels Mauritius, Indigo Hotels Ltd, Starwood Hotels & Resorts Mauritius, Sixt Rent a Car Mauritius, Europcar Mauritius, Trans-Maurice Car Rental Ltd, Mauritius Attractions, Budget Travel Centre Ltd, Silver Wings Travels Ltd.


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Retail Banker Industry Report 2014, New Report Launched

Retail Banker Industry Report 2014

With exclusive content from industry experts, comprehensive 2013 news highlights, the definitive breakdown of social media use in FS, interviews with thought leaders from across the industry, and profiles of leading banks, the Retail Banker Industry Report 2014 is a must have for anyone involved in the global retail banking industry.

The definitive report on global retail banking, the Retail Banker Industry Report 2014 provides the inside track on the markets, sectors and people of the industry.
With sections covering products, distribution and results as well as emerging challengers, and various country reports and investigations into big banks IT systems and more, this report delivers a critical account of the retail banking industry in 2013 and what to expect in 2014.

Scope
  • A look at the worlds most influential banks and how they fared during 2013 and look ahead to 2014
  • A detailed look at the companies and individuals who shaped the banking industry over the past twelve months, and what you can learn from them
  • Industry analysis and insight into all aspects of retail banking strategy from branch design to social media use
  • Sought-after country reports

Reasons To Buy
  • The Retail Banker Industry Report 2014 from Publisher analyses key trends in retail banking in 2013 and looks ahead to 2014
  • It reveals opinion from industry leaders on issues from growth strategy, business restructuring, IT spending, branch design, and marketing
  • The report features predictions and priorities from industry leaders for 2014 and a detailed look at the strategy of major banks in every region
  • C-level interviews with the biggest firms in financial services

Key Highlights
  • Comprehensive news highlights from the past 12 months
  • Foreword by Retail Banker International Editor Douglas Blakey
  • Interviews with industry leaders from BBVA, AIB, Absa, MasterCard, SunGard, Tinkoff Credit Systems, MPS and many more
  • Exclusive reports from the top financial global events
  • The top features from 12 issues of Retail Banker International


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Wednesday, 5 March 2014

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

The Insurance Industry in Lebanon, Key Trends and Opportunities to 2017

Lebanon’s insurance industry is one of the most developed in the Middle East region. Foreign insurers have a considerable presence in the country’s insurance industry due to the government’s liberal regulatory regime. In terms of gross written premium, the industry posted a review-period (2008−2012) compound annual growth rate (CAGR) of 10.5%. The gross written premium was equivalent to 3.13% as a percentage of GDP in 2012. The minimum paid-up capital required for insurers to operate in the Lebanese insurance industry is US$1.5 million. On account of the lower capital threshold, there are more than 50 operational insurers in the industry resulting in intense completion. Pressure is mounting on regulatory authorities to increase the minimum paid up capital requirements.

The report provides in-depth industry analysis, information and insights of the insurance industry in Lebanon, including:
  • The Lebanese insurance industry’s growth prospects by insurance segments and categories
  • The competitive landscape in the Lebanese insurance industry
  • The current trends and drivers of the Lebanese insurance industry
  • Challenges facing the Lebanese insurance industry
  • Detailed regulatory framework of the Lebanese insurance industry
  • A benchmarking section on the Lebanese insurance industry in comparison to other countries in the Middle East region

Scope

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

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

Key Highlights
  • The country was rated 48th globally and first in the Middle East and North African (MENA) region, in terms of insurance penetration by Swiss Re in 2013
  • The life segment was led by the individual life category, followed by the endowment category with respective segment shares of 59.2% and 40.8%
  • The non-life segment was led by the motor insurance category, followed by property insurance, marine, aviation and transit insurance, and general liability insurance
  • The industry comprises many small insurers due to the minimum paid-up capital being only US$1.5 million
  • The industry is highly competitive with 52 operational insurers present in 2012
  • The life segment is highly concentrated with the five leading insurers representing 65.6% of the total life gross written premium collected in 2012

Spanning over 265 pages, 180 Tables and 189 Figures “The Insurance Industry in Lebanon, Key Trends and Opportunities to 2017” report provide Executive Summary, Introduction, The Middle East Region Market Dynamics, Lebanese Insurance Industry Overview, Non-Life Insurance, Personal Accident and Health Insurance, Reinsurance, Analysis by Distribution Channel, Governance, Risk and Compliance, Competitive Landscape, Economic Indicators, Appendix. This Report Cover 5 Companies - Medgulf SAL, Allianz SNA, MetLife Alico, Arope Insurance, Bankers Assurance (Bankers).

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

Reinsurance in Luxembourg, Key Trends and Opportunities to 2017

Luxembourg is the largest hub for reinsurance business, particularly captive reinsurance, in the European Union (EU). The availability of multilingual and multicultural experts, flexible and deferrable tax regimes, and an outward-looking policy approach have made the country the leading center for insurance and reinsurance business in Europe. The Commissariat aux Assurances (CA) regulates the country’s reinsurance business which, by the end of 2012, comprised 238 companies. A number of reinsurers in Luxembourg originate from France, Germany, Italy, Belgium and Spain. In terms of market size, the Luxembourg reinsurance segment increased at a CAGR of 11.1% during the review period (2008–2012).

The report provides in-depth market analysis, information and insights into the Luxembourg reinsurance segment, including:
  • The Luxembourg reinsurance segment's growth prospects by reinsurance categories
  • Key trends and drivers for the reinsurance segment
  • The Luxembourg reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in the Luxembourg reinsurance segment

Scope

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

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

Key Highlights
  • Luxembourg’s reinsurance segment is one of the most developed in the world.
  • The country’s favorable regulatory framework and advanced administrative infrastructure make it a hub for captive reinsurance business.
  • Multinational reinsurers, from France, Germany, Italy, Belgium and Spain, operate in Luxembourg through subsidiaries or local brokers.
  • As of 2012, there were 238 reinsurance companies licensed to conduct business in the country, of which the majority are captive.

Spanning over 71 pages, 21 Tables and 41 Figures “Reinsurance in Luxembourg, Key Trends and Opportunities to 2017” report provide Executive Summary, Introduction, Luxembourg Insurance Industry Attractiveness, Key Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk, Appendix. This Report Cover 10 Companies - 3Si Re SA, Abbey Reinsurance SA, Acac Lux Re I, Acm Re SA, Actelion Re SA, Actire, Aero Re SA, Afe SA, Agat Re SA, Agrassur Re SA.

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

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

Luxembourg has one of the most comprehensive healthcare systems in the world. It offers virtually unrestricted access to its population. Luxembourg is also ranked amongst the leading ten countries in the world, in terms of per capita healthcare expenditure. Government-funded free basic healthcare is provided to every citizen. The total health spending, as a percentage of GDP (gross domestic product), was about 7.8% in 2012. The Caisse Nationale de Santé (National Health Fund) collects funds for the 97.0% of the population that, as of 2012, was covered by public health insurance in 2012. However, private health insurance services act as a supplement to state health insurance. Private insurance is mainly for medical expenses outside Luxembourg, as well as dental and optical care, which are not covered by the state health insurance. Pressure on government finances and increasing awareness of health insurance due to rising life expectancy will continue to support the demand for personal accident and health insurance products over the forecast period (2012–2017).

The report provides in-depth market analysis, information and insights into the Luxembourg personal accident and health insurance segment, including:
  • The Luxembourg 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 Luxembourg personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Luxembourg
  • Detailed regulatory policies of the Luxembourg insurance industry
  • A description of the personal accident and health reinsurance segment in Luxembourg
  • Porter's Five Forces analysis of the personal accident and health insurance segment

Scope

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

Key Highlights
  • The healthcare system in Luxembourg is one of the most developed in Europe. Compulsory government-funded free basic healthcare is provided to citizens.
  • Around 97.0% of the population was covered by the public health insurance in 2012.
  • Health insurance was the dominant category in the personal accident and health segment during the review period, accounting for 61.9% of the total written premium value in 2012
  • The share of the commission earned by brokers increased steadily from 66.6% in 2008 to 67.5% in 2012.
  • In Luxembourg, the personal accident and health segment is highly concentrated, with the 10 leading companies representing 98.1% of the segment’s gross written premium in 2012.

Spanning over 208 pages, 127 Tables and 138 Figures “Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017” report provide Executive Summary, Introduction, Luxembourg Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Luxembourg Personal Accident and Health Insurance, 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 - Globality, DKV Luxembourg, Foyer Santé, La Luxembourgeoise, Foyer Assurances, Axa Assurances Luxembourg, Swiss Re International, AIG Europe Ltd, Arisa Assurances, P&V Assurances.


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

Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

Luxembourg is amongst the world’s most developed economies, and has the highest domestic per capita income. The global financial and eurozone debt crises affected the country’s financial sector during the review period. In 2009, a decline of 4.1% at current prices was recorded in GDP, but the economy recovered to expand by 2.9% in 2010 and 1.7% in 2011. Marred by troubles in other eurozone economies, GDP growth moderated to 0.3% in 2012 and a stable housing and automobile industry supported growth in the non-life segment. The segment posted a compound annual growth rate (CAGR) of 2.3% during the review period. The segment is highly competitive, with 42 operational insurers – 31 domestic and 11 foreign – as of 2012. The Commissariat aux Assurances (CA) is the regulator of Luxembourg’s insurance industry.

The report provides in-depth market analysis, information and insights into the Luxembourg non-life insurance segment, including:
  • The Luxembourg 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 Luxembourg non-life insurance segment
  • The detailed competitive landscape in the non-life insurance segment in Luxembourg
  • Detailed regulatory policies of the Luxembourg insurance industry
  • A description of the non-life reinsurance segment in Luxembourg
  • Porter's Five Forces analysis of the non-life insurance segment

Scope

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

Key Highlights
  • Luxembourg’s non-life segment is the second-largest in the insurance industry, accounting for 10.3% of the total gross written premium generated in 2012
  • In 2012, property insurance accounted for 43.7% of the gross written premium, followed by motor insurance with a share of 27%
  • Brokers and agencies were the preferred distribution channels for non-life insurers in Luxembourg
  • Companies are focusing on reducing costs and improving efficiency to generate sufficient profit margins
  • The Luxembourg non-life insurance segment comprises both domestic and foreign insurers
  • The segment is highly concentrated with top 10 companies accounting for 92.3% of the total non-life segment, in terms of written premium

Spanning over 256 pages, 187 Tables and 179 Figures “Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017” report provide Executive Summary, Introduction, Luxembourg Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – Luxembourg Non-Life Insurance Segment, 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 - Swiss Re International, Foyer Assurances, La Luxembourgeoise, The Ship-Owners Mutual Protection and Indemnity Association, The West of England Ship-Owners Mutual Insurance Association, Telefonica Insurance, Camca Assurance, Axa Assurances Luxembourg, Arisa Assurances, Baloise Assurances Luxembourg.


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

Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

Luxembourg is a leading financial center and hub for private banking, insurance and investment funds in the EU. The country’s economy is highly developed, with the highest GDP per capita in the world. The availability of multilingual and multicultural experts, flexible and deferrable tax regimes, and a standardized regulatory regime has made it one of the leading centers of insurance and reinsurance business in Europe. It is also an attractive destination for cross-border life insurance business, where it acts as a center for global insurers to launch new policies under the EU’s freedom of services provision. The life insurance segment is highly competitive and concentrated, with the 10 leading companies accounting for 79.1% of the gross written premiums in 2012. Overall, 48 life insurers, of which 43 are domestic, one is foreign, and four are pension companies, operated in the country in 2012. Commissariat aux Assurances (CA) is the insurance regulator.

The report provides in-depth market analysis, information and insights into the Luxembourg life insurance segment, including:
  • The Luxembourg 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 Luxembourg life insurance segment
  • The detailed competitive landscape in the life insurance segment in Luxembourg
  • Detailed regulatory policies of the Luxembourg insurance industry
  • A description of the life reinsurance segment in Luxembourg
  • Porter's Five Forces analysis of the life insurance segment

Scope

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

Key Highlights
  • Life insurance was the largest segment in the insurance industry in 2012, accounting for 89.0% of the industry’s total written premiums in 2012
  • Individual life insurance dominated the segment in 2012, accounting for 78.7% of the segment’s gross written premiums
  • Reforms in the pension system, which came into force from January 2013, increased the contribution rate from 24.0% of wages to 30.0%
  • Bancassurance’s popularity is primarily due to the presence of large financial institutions in the country, and insurers entering into agreements with leading banks to market their products
  • The segment is highly concentrated, with the 10 leading insurers collectively representing a 79.1% share of written premiums in 2012

Spanning over 214 pages, 141 Tables and 146 Figures “Life Insurance in Luxembourg, Key Trends and Opportunities to 2017” report provide Executive Summary, Introduction, Luxembourg Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – Luxembourg Life Insurance, 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 - Lombard International Assurance, Cardif Lux Vie, Swiss Life (Luxembourg), La Mondiale Europartner, CALI Europe, Sogelife, Allianz Life Luxembourg, Foyer International, Baloise Vie Luxembourg, R+V Luxembourg.

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