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


#175949

196pages

Timetric

$ 1950

In Stock


Synopsis

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

  • The Hungarian 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 Hungarian personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in Hungary
  • A description of the personal accident and health reinsurance segment in Hungary
  • Porter's Five Forces Analysis of the personal accident and health insurance segment

Executive summary

The Hungarian personal accident and health insurance segment expanded at a review-period CAGR. The segment is dominated by the personal accident category which accounted for 70.5% of the segment’s gross written premiums in 2012. Travel insurance was supported by an increase in tourism in the country and recovery in the business environment. Unlike the life and non-life segments, the Hungarian personal accident and health insurance segment recorded consistent growth during the review period, driven by the aging population and rising awareness of the benefits of private health insurance.

Scope

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

  • It provides historical values for Hungary'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 sub-segments in Hungary'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 Hungary
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Hungary for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in Hungary and its growth prospects
  • It profiles the top personal accident and health insurance companies in Hungary 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 Hungarian personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Hungarian 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 Hungarian insurance segment and its impact on companies and the market's future

Key highlights

  • The Hungarian personal accident and health insurance segment expanded at a review-period CAGR of 3.6%
  • Changing lifestyle patterns and the increasing number of diseases adversely affected Hungarian healthcare expenditure
  • More consumers voluntarily chose to purchase private health insurance policies in addition to insurance cover provided by employers and the government
  • This is because the cover provided by government-funded health insurance is very basic and is often not sufficient to cover expenses relating to critical diseases
  • Consistent future growth in tourism will promote travel insurance