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


#172755

228pages

Timetric

$ 1950

In Stock


Synopsis

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

  • The German personal accident and health insurance segment’s growth prospects by personal accident and health insurance categories
  • The various distribution channels in the German personal accident and health insurance segment
  • The competitive landscape in the personal accident and health insurance segment
  • A description of the personal accident and health reinsurance segment in Germany

Executive summary

The personal accident and health insurance segment accounted for the lowest of the German insurance industry’s written premiums in 2012, making it the smallest segment in the industry. During the review period (2008–2012), the main growth drivers were the country’s rising healthcare expenditure, an increase in GDP and the flexibility to purchase private health insurance. Health insurance was the largest category in the segment in 2012, and the German healthcare system includes both public and private healthcare services. Although the government provides mandatory health insurance, the German private health insurance category registered growth in terms of new business during 2011−2012.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Germany:

  • It provides historical values for Germany’s personal accident and health 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 Germany’s 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 Germany
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Germany for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance segment in Germany and its growth prospects
  • It profiles the top personal accident and health insurance companies in Germany and outlines the key regulations affecting them

Reasons to buy

  • Make strategic business decisions using historic and forecast market data related to the German personal accident and health insurance segment and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the the German 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 the German insurance industry and its impact on companies and the market's future

Key highlights

  • The personal accident and health insurance segment is the smallest insurance segment in Germany in written premium terms. In 2012, the segment accounted for 23.3% of the industry’s total written premium value
  • The German health insurance category accounted for 83.6% of the segment’s written premiums, followed by the personal accident category which accounted for 15.5% and the travel insurance category which made up the remaining 0.9%
  • Germany’s changing demographics and inflation in medical costs increased the cost of healthcare significantly during the review period
  • The segment is highly fragmented and the leading companies include Allianz, Axa, Central DBV and DKV Deutsche
  • During the review period, an increasing number of outbound tourists supported the growth of travel-related insurance in Germany