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


#178009

195pages

Timetric

$ 1950

In Stock


Synopsis

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

  • The New Zealand personal accident and health insurance segments growth prospects by insurance categories 
  • Key trends and drivers for the personal accident and health insurance segment 
  • The various distribution channels in the New Zealand personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in New Zealand 
  • Detailed regulatory framework of the New Zealand insurance industry
  • A description of the personal accident and health reinsurance segment in New Zealand 
  • Porter's Five Forces Analysis of the personal accident and health insurance segment

Summary

The personal accident and health segment of the New Zealand insurance industry recorded a healthy compound annual growth rate (CAGR) of 8.6% during the 20082012 review period. The segments gross written premium registered a CAGR of 8.6%, increasing from around NZD3.2 billion (US$2.3 billion) in 2008 to NZD4.5 billion (US$3.7 billion) in 2012. Personal accident and health insurance accounted for the second-largest proportion of total gross written premiums in the overall insurance industry in 2012, with a 36.0% share. According to the Central Intelligence Agency (CIA), health expenditure in New Zealand in 2010 stood at 10.1% of GDP.

Scope

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

  • It provides historical values for New Zealand 's personal accident and health insurance segment for the reports 20082012 review period and forecast figures for the 20122017 forecast period 
  • It offers a detailed analysis of the key sub-segments in New Zealand '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 New Zealand 
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in New Zealand for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in New Zealand and its growth prospects
  • It profiles the top personal accident and health insurance companies in New Zealand 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 New Zealand personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the New Zealand 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 New Zealand insurance segment and its impact on companies and the market's future

Key Highlights

  • The personal accident and health segment of the New Zealand insurance industry recorded a healthy compound annual growth rate (CAGR) of 8.6% during the 20082012 review period
  • Unsustainable levels of public spending on healthcare to open doors for private insurers
  • Brokers was the leading distribution channel in 2012, accounting for 76% of the total new written premium business
  • The insurance industry in New Zealand is supervised and regulated by the Reserve Bank of New Zealand (RBNZ) in accordance with the rules and regulations stipulated in the Insurance (Prudential Supervision) Act 2010
  • Companies operating in the life and non-life segments provide health insurance as part of their services