Personal Accident and Health Insurance in Belgium, Key Trends and Opportunities to 2016


#134790

208pages

Timetric

$ 1950

In Stock


Synopsis

The report provides in depth market analysis, information and insights into the Belgian personal accident and health insurance market, including:

  • The Belgian personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Belgian personal accident and health insurance market
  • The competitive landscape in the personal accident and health insurance market
  • A description of the personal accident and health reinsurance market in Belgium

Summary

In terms of gross written premium, the Belgian personal accident and health insurance segment recorded a positive growth rate during the review period. This growth was primarily due to increases in overall medical expenditure and Belgian outbound tourism. The expansion of the segment was also supported by positive demographic factors such as increased life expectancy and the countrys large urban population. Despite Belgiums strong statutory healthcare scheme and difficult business conditions, the countrys personal accident and health segment is expected to continue to grow positively over the forecast period.

Scope

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

  • It provides historical values for the Belgian personal accident and health insurance market for the review period (20072011) and forecast period (20122016) 
  • It offers a detailed analysis of the key sub-segments in the Belgian personal accident and health insurance market, along with market forecasts until 2016
  • 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 Belgium 
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Belgian for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in Belgium and its growth prospects
  • It profiles the top personal accident and health 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 personal accident and health insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Belgian personal accident and health insurance market
  • Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Belgian insurance market and its impact on companies and the market's future

Key Highlights

  • The number of outbound tourists from Belgium increased from 8.4 million in 2007 to 10.5 million in 2011, and is expected to reach 12.7 million by 2016. This significant increase in outbound tourism was the key growth driver of the travel insurance category during the review period. 
  • In Belgium, all public, private and self-employed individuals are protected under a public social security system, under which health insurance is included. Under this system, public and private employees contribute some proportion of their incomes to a public welfare health insurance fund named mutuelle/mutualit