Personal Accident and Health Insurance in Finland, Key Trends and Opportunities to 2018


#242150

217pages

Timetric

$ 1950

In Stock

Synopsis

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

  • The Finnish personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • The various distribution channels in the Finnish personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Finland
  • Detailed regulatory policies of the Finnish insurance industry
  • Analysis of various consumer segments in Finnish personal accident and health insurance
  • Key developments in the Finnish personal accident and health insurance segment
  • New products launched by Finnish personal accident and health insurers


Executive summary

Personal accident and health insurance accounted for 2.0% of the Finnish insurance industry’s gross written premium in 2013, making it the smallest segment in the industry. Increases in the health and personal accident categories supported the segment’s growth during the review period (2009–2013). The segment’s gross written premium registered a compound annual growth rate (CAGR) of 10.3% during the review period. Health insurance accounted for the highest share with 61.5% of the segment’s gross written premium in 2013. Although the government provides mandatory health insurance for all Finns, private health insurance registered a review-period CAGR of 10.3%, mainly due to the better quality of healthcare generally provided by private companies.

Scope

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

  • It provides historical values for the Finnish 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 Finnish 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 Finland.
  • It profiles the top personal accident and health insurance companies in Finland and outlines the key regulations affecting them.

Reasons to buy

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

Key highlights

  • The segment accounted for the lowest share of the insurance industry’s gross written premium in 2013, with just 2.0%.
  • Health insurance dominated the personal accident and health segment with a 61.5% share in 2013.
  • Personal accident and health insurance penetration increased from 0.18% in 2009 to 0.23% in 2013.
  • The personal accident and health segment is highly consolidated and dominated by domestic operators.
  • Leading personal accident and health insurers are extending their product portfolios to offer better services.