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Non-Life Insurance Industry in Denmark to 2017: Market Trends and Forecast
 

Non-Life Insurance Industry in Denmark to 2017: Market Trends and Forecast

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Non-Life Insurance Industry in Denmark to 2017 @ http://www.researchmoz.us/non-life-insurance-in-denmark-key-trends-and-opportunities-to-2017-report.html ...

Non-Life Insurance Industry in Denmark to 2017 @ http://www.researchmoz.us/non-life-insurance-in-denmark-key-trends-and-opportunities-to-2017-report.html

The non-life segment is the second-largest in the Danish insurance industry, representing 21.5% of the industry’s gross written premium in 2012. It was led by the property insurance category with a 53.0% share of the segment’s gross written premium in 2012, followed by motor insurance with 32.7%.

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    Non-Life Insurance Industry in Denmark to 2017: Market Trends and Forecast Non-Life Insurance Industry in Denmark to 2017: Market Trends and Forecast Document Transcript

    • Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017 Synopsis The report provides in depth market analysis, information and insights into the Danish non-life insurance segment, including: The Danish non-life insurance segment’s growth prospects by non-life insurance categories Key trends and drivers for the non-life insurance segment The various distribution channels in the Danish non-life insurance segment The detailed competitive landscape in the non-life insurance segment in Denmark Detailed regulatory framework of the Danish insurance industry A description of the non-life reinsurance segment in Denmark Porter's Five Forces analysis of the non-life insurance segment A benchmarking section on the Danish life insurance segment in comparison with other countries in the Nordic Region Executive summary The non-life segment is the second-largest in the Danish insurance industry, representing 21.5% of the industry’s gross written premium in 2012. It was led by the property insurance category with a 53.0% share of the segment’s gross written premium in 2012, followed by motor insurance with 32.7%. Mandatory fire insurance for houses supported the growth of property insurance in Denmark. Moreover, growth in automobile sales and recovery in the property market in Denmark supported the growth of the non-life segment during the review period, and is expected to continue to do so over the forecast period. Compulsory third-party motor liability insurance and comprehensive motor insurance also supported the growth of non-life insurance during the review period, and both motor and property insurance are expected to retain their shares over the forecast period. Scope This report provides a comprehensive analysis of the non-life insurance segment in Denmark: It provides historical values for Denmark’s non-life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period. It offers a detailed analysis of the key categiories in Denmark’s non-life insurance segment, along with market forecasts until 2017. 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 non-life insurance products in Denmark. Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Denmark for the non-life insurance segment. It provides a detailed analysis of the reinsurance segment in Denmark and its growth prospects. It profiles the top non-life 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 the Danish non-life insurance segment and each category within it Understand the demand-side dynamics, key market trends and growth opportunities within the Danish non-life insurance segment Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment Identify the growth opportunities and market dynamics within key product categories Gain insights into key regulations governing the Danish insurance industry and its impact on companies and the market's future Key highlights Non-life insurance was the second-largest segment in the Danish insurance industry in 2012, representing a 21.5% industry share The Danish non-life segment is large and concentrated, with the top 10 insurers accounting for around 85% of the segment’s overall gross written premium in 2012 Property insurance dominated the segment with a 53.0% share in 2012, followed by motor insurance with 32.7, general liability with 12.1% and marine aviation and transit insurance with 2.2% As of 2012, 85 companies were licensed to conduct non-life insurance business in the country, down from 113 in 2008 A series of mergers and acquisitions during the review period significantly changed the competitive structure of the industry table Of Contents 1 Executive Summary 2 Introduction 2.1 What Is This Report About? 2.2 Definitions 2.3 Methodology 3 Nordic Region Market Dynamics 3.1 Overview 3.1.1 Market Trends 3.1.2 Market Size 4 Non-life Insurance Segment – Regional Banchmarking 4.1 Overview 4.2 Scale And Penetration 4.2.1 Total Gross Written Premium 4.2.2 Premium Per Capita 4.2.3 Non-life Insurance Penetration (% Of Gdp) 4.3 Growth 4.3.1 Gross Written Premium 4.3.2 Gross Written Premium Per Capita 4.4 Efficiency And Risk 4.4.1 Loss Ratio 4.4.2 Combined Ratio Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017
    • 4.4.3 Incurred Losses Per Capita 4.4.4 Incurred Losses As A Percentage Of Gdp 4.5 Distribution Channels 4.5.1 Direct Marketing 4.5.2 Bancassurance 4.5.3 Agencies 4.5.4 Brokers 4.5.5 Online Channels 5 Danish Insurance Industry Attractiveness 5.1 Insurance Industry Size, 2008–2017 5.2 Key Industry Trends And Drivers 6 Non-life Insurance Outlook 6.1 Non-life Insurance Growth Prospects By Category 6.1.1 Property Insurance 6.1.2 Fire And Allied Perils Insurance 6.1.3 Engineering Insurance 6.1.4 Agriculture Insurance 6.1.5 Other Property Insurance 6.2 Motor Insurance 6.2.1 Motor Hull Insurance 6.2.2 Motor Third-party Insurance 6.3 General Third-party Insurance 6.4 Marine, Aviation And Transit Insurance 6.4.1 Marine Insurance 6.4.2 Aviation Insurance 6.4.3 Transit Insurance 7 Analysis By Distribution Channels 7.1 Direct Marketing 7.2 Bancassurance 7.3 Agencies 7.4 E-commerce 7.5 Brokers 7.6 Other Channels 8 Porter’s Five Forces Analysis – Danish Non-life Insurance Market 8.1 Bargaining Power Of Supplier: Medium 8.2 Bargaining Power Of Buyers: Low To Medium 8.3 Barriers To Entry: Medium 8.4 Intensity Of Rivalry: High 8.5 Threat Of Substitutes: Low 9 Reinsurance Growth Dynamics And Challenges 9.1 Reinsurance Segment Size, 2008–2017 9.2 Reinsurance Segment Size By Type Of Insurance, 2008–2017 10 Governance, Risk And Compliance 10.1 Legislation Overview And Historical Evolution 10.2 Legislation And Market Practice By Type Of Insurance 10.2.1 Life Insurance 10.2.2 Property Insurance 10.2.3 Motor Insurance 10.2.4 Marine, Aviation And Transit Insurance 10.2.5 Personal Accident And Health Insurance 10.3 Compulsory Insurance 10.3.1 Motor Third-party Liability Insurance 10.3.2 Workmen’s Compensation Insurance 10.3.3 Air Carriers And Aircraft Operators Insurance 10.3.4 Third-party Liability Insurance For Dogs 10.4 Supervision And Control Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017
    • 10.4.1 International Association Of Insurance Supervisors 10.4.2 European Insurance And Occupational Pensions Authority 10.4.3 Danish Financial Supervisory Authority (dfsa) 10.5 Non-admitted Insurance Regulations 10.5.1 Overview 10.5.2 Intermediaries 10.5.3 Market Practices 10.5.4 Fines And Penalties 10.6 Company Registration And Operations 10.6.1 Types Of Insurance Organization 10.6.2 Establishing A Local Company 10.6.3 Foreign Ownership 10.6.4 Types Of License 10.6.5 Capital Requirements 10.6.6 Solvency Margins 10.6.7 Reserve Requirements 10.6.8 Investment Regulations 10.6.9 Statutory Return Requirements 10.6.10 Fee Structure 10.7 Taxation 10.7.1 Insurance Premium Or Policy Taxation 10.7.2 Withholding Taxes On Premium Paid Overseas 10.7.3 Corporate Tax 10.7.4 Vat 10.7.5 Captives 10.8 Legal System 10.8.1 Introduction 10.8.2 Access To Court 10.8.3 Alternative Dispute Resolution (adr) 11 Competitive Landscape And Strategic Insights 11.1 Overview 11.2 Leading Companies In The Danish Non-life Insurance Segment 11.3 Comparison Of The Top Five Insurers 11.3.1 Gross Written Premium 11.3.2 Gross Claims 11.3.3 Loss Ratio 11.3.4 Assets 11.3.5 Investment Income 11.4 Tryg Forsikring A/s – Company Overview 11.4.1 Tryg Forsikring A/s – Key Facts 11.4.2 Tryg Forsikring A/s – Key Financials 11.5 Codan Forsikring A/s – Company Overview 11.5.1 Codan Forsikring A/s – Key Facts 11.5.2 Codan Forsikring A/s – Key Financials 11.6 Topdanmark Forsikring A/s – Company Overview 11.6.1 Topdanmark Forsikring A/s – Key Facts 11.6.2 Topdanmark Forsikring A/s – Key Financials 11.7 Alm. Brand Forsikring A/s – Company Overview 11.7.1 Alm. Brand Forsikring A/s – Key Facts 11.7.2 Alm. Brand Forsikring A/s – Key Financials 11.8 Lb Forsikring A/s – Company Overview 11.8.1 Lb Forsikring A/s – Key Facts 11.8.2 Lb Forsikring A/s – Key Financials 11.9 Danske Forsikring A/s – Company Overview 11.9.1 Danske Forsikring A/s – Key Facts 11.9.2 Danske Forsikring A/s – Key Financials 11.1 Forsikrings-aktieselskabet Alka Liv Ii – Company Overview 11.10.1 Forsikrings-aktieselskabet Alka Liv Ii – Key Facts 11.10.2 Forsikrings-aktieselskabet Alka Liv Ii – Key Financials 11.11 Alpha Insurance A/s – Company Overview 11.11.1 Alpha Insurance A/s – Key Facts 11.11.2 Alpha Insurance A/s – Key Financials 11.12 Gf-forsikring A/s – Company Overview 11.12.1 Gf-forsikring A/s – Key Facts 11.12.2 Gf-forsikring A/s – Key Financials 11.13 Nykredit Forsikring A/s – Company Overview Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017
    • 11.13.1 Nykredit Forsikring A/s – Key Facts 11.13.2 Nykredit Forsikring A/s – Key Financials 12 Business Environment And Country Risk 12.1 Business Confidence 12.1.1 Market Capitalization Trend – Copenhagen Stock Exchange, Denmark 12.2 Economic Performance 12.2.1 Gdp At Constant Prices (us$) 12.2.2 Gdp Per Capita At Constant Prices (us$) 12.2.3 Gdp At Current Prices (us$) 12.2.4 Gdp Per Capita At Current Prices (us$) 12.2.5 Gdp By Key Segments 12.2.6 Agriculture Net Output At Current Prices (us$) 12.2.7 Agriculture Net Output At Current Prices As A Percentage Of Gdp 12.2.8 Manufacturing Net Output At Current Prices (us$) 12.2.9 Manufacturing Net Output At Current Prices As A Percentage Of Gdp 12.2.10 Mining, Manufacturing And Utilities At Current Prices (us$) 12.2.11 Mining, Manufacturing And Utilities At Current Prices As Percentage Of Gdp 12.2.12 Construction Net Output At Current Prices, (us$) 12.2.13 Construction Net Output At Current Prices As A Percentage Of Gdp 12.2.14 Inflation Rate 12.2.15 Exports As A Percentage Of Gdp 12.2.16 Imports As A Percentage Of Gdp 12.2.17 Merchandise Exports Growth 12.2.18 Merchandise Imports Growth 12.2.19 Annual Average Exchange Rate (dkk–us$) 12.3 Infrastructure 12.3.1 Commercial Vehicles Exports – Total Value 12.3.2 Commercial Vehicles Imports – Total Value 12.3.3 Automotive Exports – Total Value 12.3.4 Automotive Imports – Total Value 12.3.5 Total Internet Subscribers 12.4 Labor Force 12.4.1 Labor Force 12.4.2 Unemployment Rate 12.5 Demographics 12.5.1 Gross National Disposable Income (us$) 12.5.2 Household Consumption Expenditure (us$) 12.5.3 Total Population 12.5.4 Urban And Rural Populations 12.5.5 Age Distribution Of The Total Population 13 Appendix 13.1 Methodology 13.2 Contact Timetric 13.3 About Timetric 13.4 Timetric’s Services 13.5 Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017