Personal Accident and Health Insurance in Argentina, Trends and Opportunities to 2016


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181pages

Timetric

$ 1950

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Synopsis

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

  • The Argentine personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Argentine personal accident and health insurance market
  • The competitive landscape in the personal accident and health insurance market
  • A description of the personal accident and health reinsurance market in Argentina
Summary

Argentinas personal accident and health insurance segment accounted for the smallest share of the total insurance industry in 2011, although it recorded the fastest growth rate. The segments growth was supported by Argentinas increasing healthcare expenditure, rising disposable income levels, improving employment opportunities and industrial growth. Argentinas healthcare system incorporates three financing options: public insurance, private insurance and social security. Social security covered 51% of the total population in 2010, while 34% of the population was covered by public insurance and the remaining 15% was covered by private insurance. The high cost of private healthcare prevents the lower-income population from having access to advanced healthcare. However, Argentinas industrial growth and rising number of employment opportunities is expected to generate larger middle- and upper-class populations in the country. The expanding middle- and upper-class population will make private health insurance affordable for a larger customer base, which will drive sales of personal accident and health insurance policies in Argentina over the forecast period.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in Argentina:

  • It provides historical values for Argentine personal accident and health insurance market for the reports 20072011 review period and forecast figures for the 20122016 forecast period 
  • It offers a detailed analysis of the key sub-segments in the Argentine personal accident and health insurance market, along with market forecasts until 2016
  • 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 Argentina 
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Argentina for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in Argentina and its growth prospects
  • It profiles the top personal accident and health insurance companies in Argentina and outlines the key regulations affecting them
Reasons To Buy

  • Make strategic business decisions using top-level historic and forecast market data related to the Argentine personal accident and health insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Argentine personal accident and health insurance market
  • Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Argentine insurance market and its impact on companies and the market's future
Key Highlights

  • The Argentine personal accident and health insurance segment accounted for the smallest share of total insurance industry written premium value in 2011, although it recorded the fastest growth rate
  • The personal accident insurance category led the Argentine personal accident and health insurance segment with a share of 92.2% in 2011 and is being driven by increasing industrialization as well as the 'New Industrial Accident System implemented in 1996
  • Argentinas healthcare system incorporates three financing options: public insurance, private insurance and social security. The social security system, Obras Sociales (OS), operates through contracts with private insurers, and this system is financed through employee contributions
  • The Argentine personal accident and health insurance segment is consolidated with the ten leading insurers capturing 80.6% of the total personal accident and health insurance written premium value in 2010. The leading insurers in this segment are Meridional, CAJA Generales, Alico Generales, Sancor and ACE