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


#187114

242pages

Timetric

$ 1950

In Stock


Synopsis

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

  • The Swedish 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 Swedish personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Sweden
  • Detailed regulatory framework of the Swedish insurance industry
  • A description of the personal accident and health reinsurance segment in Sweden
  • Porter's Five Forces Analysis of the personal accident and health insurance segment
  • A benchmarking section on the Swedish life insurance segment in comparison with other countries in the Nordic Region
Summary

The personal accident category accounted for the second-largest share of 20.9% in 2012, after recording a review-period CAGR of -19.2%. The category was adversely affected by the financial crisis, with the premium value declining by 89.2% in 2009. Swedes prioritized temporary liquidity requirements over hedging purposes such as personal accident insurance. However, with the easing of economic conditions in 2010, Swedes again allocated finances to personal accident insurance. Consequently, the category registered an annual growth rate of 257.1% in 2010. Over the forecast period, the categorys written premiums are expected to increase at a forecast-period CAGR of 5.1%.

Scope

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

  • It provides historical values for the Swedish personal accident and health insurance segment for the reports 2008-2012 review period and forecast figures for the 2012-2017 forecast period.
  • It offers a detailed analysis of the key sub-segments in Swedish 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 Sweden.
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Sweden for the personal accident and health insurance segment.
  • It provides a detailed analysis of the reinsurance segment in Sweden and its growth prospects.
  • It profiles the top personal accident and health insurance companies in Sweden 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 Swedish personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Swedish 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 Swedish insurance industry and its impact on companies and the market's future

Key Highlights

  • Swedens personal accident and health insurance is the smallest segment in the countrys insurance industry in terms of gross written premium
  • The provision of healthcare in Sweden is dominated by the public healthcare system and funded through taxpayers money
  • Since 2010, private companies have been permitted to establish general physician-style services in the country
  • Agencies are a key distribution channel for the personal accident and health insurance segment. They accounted for 29.6% of the total commission paid to distribution channels in 2012
  • The segment is highly consolidated and dominated by domestic insurers. The 10 leading companies accounted for 93.7% of the segment in 2012