The report provides in-depth market analysis, information and insights into the Greek personal accident and health insurance segment, including:
- The Greek personal accident and health insurance segment’s growth prospects by insurance category
- Key trends and drivers for the personal accident and health insurance segment
- The various distribution channels in the Greek personal accident and health insurance segment
- The detailed competitive landscape in the personal accident and health insurance segment in Greece
- Detailed regulatory policies of the Greek insurance industry
- Analysis of various consumer segments in Greek personal accident and health insurance
- Key developments in the Greek personal accident and health insurance segment
- New products launched by Greek personal accident and health insurers
The Greek personal accident and health segment accounted for the lowest premium share in the insurance industry in 2013. Demand for healthcare services and private health insurance increased during the review period (2009–2013), due to the inadequate services provided by public healthcare institutions, and an increase in per capita healthcare expenditure. Travel insurance accounted for the largest share of the segment with 43.0%, with growth supported by the introduction of low-cost airlines which helped increase outbound tourist volumes. Over the forecast period (2013–2018), the segment’s growth is expected to be driven by the travel and health categories. Overall, the value of the Greek personal accident and health segment is expected to increase in 2018, at a forecast-period compound annual growth rate (CAGR) of 2.4%.
This report provides a comprehensive analysis of the personal accident and health insurance segment in Greece:
- It provides historical values for the Greek personal accident and health insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
- It offers a detailed analysis of the key categories in the Greek personal accident and health insurance segment, along with market forecasts until 2018.
- 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 Greece.
- It profiles the top personal accident and health insurance companies in Greece and outlines the key regulations affecting them.
Reasons to buy
- Make strategic business decisions using in-depth historic and forecast market data related to Greek personal accident and health insurance segment and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Greek personal accident and health insurance segment.
- Assess the competitive dynamics in the personal accident and health insurance segment.
- Identify the growth opportunities and market dynamics in key product categories.
- Gain insights into key regulations governing the Greek insurance industry and their impact on companies and the industry's future.
- The segment’s distribution network was dominated by insurance agencies and brokers during the review period. Agencies accounted for 56.1% of new written premiums in 2013.
- The total number of Greek citizens investing in private health insurance reached 1.5 million in 2013, representative of 13.9% of the total population.
- Travel insurance accounted for the largest share of 43.0% , followed by health and personal accident insurance in Greece in 2013.
- The National Health System is compulsory, and is operated by the Social Insurance Institute (IKA) which provides healthcare services to around half the population.
- Following the crisis, higher unemployment and falling disposable incomes resulted in many consumers opting for public financial services to avoid voluntary health premiums and out-of-pocket expenditure.