Personal Accident and Health Insurance in Kuwait, Key Trends and Opportunities to 2019


#849527

74pages

Timetric

$ 1450

In Stock

Synopsis
Timetrics 'Personal Accident and Health Insurance in Kuwait Key Trends and Opportunities to 2019' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (20102014) and forecast period (20142019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Kuwaiti economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetrics 'Personal Accident and Health Insurance in Kuwait Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Kuwaiti personal accident and health insurance segment, including:

An overview of the Kuwaiti personal accident and health insurance segment

The Kuwaiti personal accident and health insurance segments growth prospects by category

A comprehensive overview of the Kuwaiti economy and demographics

A comparison of the Kuwaiti personal accident and health insurance segment with its regional counterparts

The various distribution channels in the Kuwaiti personal accident and health insurance segment

Details of the competitive landscape in the personal accident and health insurance segment in Kuwait

Details of regulatory policy applicable to the Kuwaiti insurance industry

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

It provides historical values for the Kuwaiti personal accident and health insurance segment for the reports 20102014 review period, and projected figures for the 20142019 forecast period.

It offers a detailed analysis of the key categories in the Kuwaiti personal accident and health insurance segment, and market forecasts to 2019.

It provides a comparison of the Kuwaiti personal accident and health insurance segment with its regional counterparts

It provides an overview of the various distribution channels for personal accident and health insurance products in Kuwait.

It profiles the top personal accident and health insurance companies in Kuwait, 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 Kuwaiti personal accident and health insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Kuwaiti personal accident and health insurance segment.

Assess the competitive dynamics in the personal accident and health insurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Kuwaiti insurance industry, and their impact on companies and the industry's future.

Key Highlights
The personal accident and health segment was the smallest segment in the Kuwaiti insurance industry in 2014, accounting for 3.8% of the industrys gross written premium.

In January 2016, the Kuwaiti Economics Committee in the Supreme Council for Planning and Development proposed a two-layered alternative health plan for expatriates.

The segments penetration rate stood at 0.04% in 2014, and is much lower than other countries in the Gulf Corporation Council (GCC) region, such as Saudi Arabia (0.56%) and Bahrain (0.24%).

In 2014, personal accident and health insurers ceded 36.3% of their risk to reinsurers.

The Insurance Department is expected to develop its online portal through the Ministry of Commerce in 2016, to keep pace with global technological developments.