Trends and Opportunities in the Philippines Personal Accident and Health Insurance Industry to 2016: Market Profile


#108925

92pages

Timetric

$ 1000

In Stock


Synopsis

The report provides top-level market analysis, information and insights into the Philippine personal accident and health insurance market, including:

  • A description of the personal accident and health insurance market in Philippines
  • The Philippine personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Philippine personal accident and health insurance market
Summary

Personal accident insurance is the most popular category in the personal accident and health insurance segment due to the high frequency of typhoons in Philippines. In 2011, the personal accident and health insurance segment accounted for the third-largest share of the total written premiums of the Philippine insurance industry, with the increasing cost of healthcare in the Philippines increasing the demand for private medical insurance during the review period. Furthermore, travelers visiting the Philippines have to obtain travel insurance, without which the cost of receiving medical care would be very high. The health insurance category accounted for the second-largest share of total personal accident and health insurance premiums in 2011, with a XX% share. Overall, the value of the Philippine personal accident and health insurance segment increased from PHPXX billion (US$XX million) in 2007 to PHPXX billion (US$XX billion) in 2011, recording a CAGR of XX% during the review period. This growth was fuelled by increasing medical expenditure and the rising disposable incomes of much of the Philippine population. 

Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in Philippines:

  • It provides historical values for Philippines personal accident and health insurance market for the reports 20072011 review period and forecast figures for the 20112016 forecast period 
  • It offers a detailed analysis of the key sub-segments in Philippiness personal accident and health insurance market, along with market forecasts until 2016
  • It analyses the various distribution channels for personal accident and health insurance products in Philippines 
Reasons To Buy

  • Make strategic business decisions using top-level historic and forecast market data related to the Philippine personal accident and health insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Philippine personal accident and health insurance market
  • Identify the growth opportunities and market dynamics within key product categories
Key Highlights

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