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


#244636

246pages

Timetric

$ 1950

In Stock


Synopsis

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

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

Executive summary

The Danish personal accident and health insurance segment accounted for the lowest premium share in the industry during the review period (2009−2013). The segment posted a review-period compound annual growth rate (CAGR) of 2.8% and growth was supported by the rising healthcare expenses and the presence of mandatory workplace accident cover. An inadequate public healthcare services and the unavailability of specialized treatment supported the health insurance category to register positive growth during the review period. These factors are expected to support the segment’s development over the forecast period (2014–2018) and it is anticipated to post a CAGR of 2.4%, from DKK12.7 billion (US$2.3 billion) in 2013 to DKK14.3 billion (US$2.6 billion) in 2018 in gross written premium terms.

Scope

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

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

Reasons to buy

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

Key highlights

  • The Danish personal accident and health insurance segment accounted for the lowest premium share in the industry during the review period.
  • The segment posted a review-period CAGR of 2.8% and growth was supported by the rising healthcare expenses and the presence of mandatory workplace accident cover.
  • Health insurance was the largest category within the segment in terms of gross written premium during the review period.
  • An inadequate public healthcare services and the unavailability of specialized treatment supported the health insurance category to register positive growth during the review period.
  • Fraud and crimes acted as challenge for personal accident and health insurance companies operating in Denmark.
  • Within the personal accident and health insurance segment, other distribution channel accounted for 39.3% of the total gross written premium in 2013.