Personal Accident and Health Insurance in South Korea, Key Trends and Opportunities to 2020


#883507

116pages

Timetric

$ 1450

In Stock

Synopsis
Timetrics 'Personal Accident and Health Insurance in South Korea Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the South Korean personal accident and health insurance segment, and a comparison of the South Korean 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 (20112015) and forecast period (20152020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the South Korean 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 South Korea Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the South Korean personal accident and health insurance segment, including:

An overview of the South Korean personal accident and health insurance segment

The South Korean personal accident and health insurance segments growth prospects by category

A comprehensive overview of the South Korean economy and demographics

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

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

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

Details of regulatory policy applicable to the South Korean insurance industry

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

It provides historical values for the South Korean personal accident and health insurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.

It offers a detailed analysis of the key categories in the South Korean personal accident and health insurance segment, and market forecasts to 2020.

It provides a comparison of the South Korean 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 South Korea.

It profiles the top personal accident and health insurance companies in South Korea, 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 South Korean personal accident and health insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the South Korean 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 South Korean insurance industry, and their impact on companies and the industry's future.

Key Highlights
The personal accident and health segment accounted for 21.4% of the overall insurance direct written premium in South Korea in 2015.

South Koreas population is aging faster than in any other developed country. The proportion of the South Korean population aged 65 and above rose from 11.4% in 2011 to 13.1% in 2015; the figure is expected to reach 15.6% in 2020.

The segment remains highly competitive. Challenges arise from high rates of suicide and smoking, leading to huge losses for insurers during the review period.

The South Korean personal accident and health segment is highly competitive, with the presence of both domestic and foreign insurers.