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


#243685

225pages

Timetric

$ 1950

In Stock

Synopsis

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

  • The Norwegian 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 Norwegian personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Norway
  • Detailed regulatory policies of the Norwegian insurance industry
  • Analysis of various consumer segments in Norwegian personal accident and health insurance
  • Key developments in the Norwegian personal accident and health insurance segment
  • New products launched by Norwegian personal accident and health insurers

Executive summary

The Norwegian personal and health insurance segment posted a review-period CAGR of 3.4%, and accounted for 5.0% of the industry’s gross written premium in 2013. The segment was supported by strong economic growth and rising healthcare expenditure; a trend which is anticipated to continue over the forecast period. A rise in life expectancy, healthcare expenditure and the aging population supported the growthof the segment.The gross written premium of the Norwegian health insurance category increased , at a CAGR of 17.3% during the review period. Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013.The personal accident and health segment’s gross written premium is expected to increase in 2018, at a forecast-period CAGR of 4.6%..

Scope

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

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

Reasons to buy

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

Key highlights

  • The Norwegian personal accident and health insurance segment posted a review-period CAGR of 3.4%, and accounted for 5.0% of the industry’s gross written premium in 2013. 
  • Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013. 
  • The health category, accounted for 36.3% of the segment’s gross written premium in 2013. 
  • Travel insurance accounted for 42.4% of the personal accident and health gross written premium in 2013. 
  • Strategic alliances during the review period enabled insurers to strengthen their positions in the Nordic region. 
  • Agencies recorded growth during the review period, and accounted for 35.6% of the total gross written premium by distribution channel in the personal accident and health segment in 2013.