Non-Life Insurance in Austria, Key Trends and Opportunities to 2017:Market Analysis Report

282 views
234 views

Published on

Non-Life Insurance in Austria, Key Trends and Opportunities to 2017:Market Analysis Report @ http://www.researchmoz.us/non-life-insurance-in-austria-key-trends-and-opportunities-to-2017-report.html

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
282
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Non-Life Insurance in Austria, Key Trends and Opportunities to 2017:Market Analysis Report

  1. 1. Non-Life Insurance in Austria, Key Trends and Opportunities to 2017 Synopsis The report provides in depth market analysis, information and insights into the Austrian non-life insurance segment, including: The Austrian 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 Austrian non-life insurance segment Detailed competitive landscape in the life insurance segment in Austria Detailed regulatory framework of the Austrian insurance industry A description of the non-life reinsurance segment in Austria Porter's Five Forces Analysis of the non-life insurance segment Benchmarking section on the Austrian non-life insurance segment in comparison to other countries in the category of US$10-40 billion of total gross written premiums Executive summary Non-life insurance accounted for 43.7% of the Austrian insurance industry’s written premium value in 2012, making it the largest segment in the industry when compared to the life and personal accident and health insurance segments, which accounted for 39.8% and 16.4% of overall written premiums in 2012. The segment grew in written premium value from EUR6.5 billion (US$9.6 billion) in 2008 to EUR7.1 billion (US$9.2 billion) in 2012, at a CAGR of 2.2% during the review period (2008-2012). Scope This report provides a comprehensive analysis of the non-life insurance segment in Austria: It provides historical values for Austria’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 sub-segments in Austria’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 Austria Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Austria for the non-life insurance segment It provides a detailed analysis of the reinsurance segment in Austria and its growth prospects It profiles the top non-life insurance companies in Austria 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 Austrian non-life insurance segment and each category within it Understand the demand-side dynamics, key market trends and growth opportunities within the Austrian 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 Austrian insurance industry and its impact on companies and the market's future Key highlights The growth of the non-life insurance segment was mainly attributed to the country’s favorable regulatory environment for non-life insurers, including the implementation of mandatory liability insurance Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  2. 2. for doctors, dentists, hospitals and convalescent homes, and rising property prices The non-life insurance segment grew at a CAGR of 2.2% during the review period The property insurance category accounted for the largest market share of 46.6% of the non-life segment’s written premium value in 2012 The Austrian non-life insurance segment is highly competitive The top 10 non-life insurance companies together accounted for 77.7% of the total segment’s written premiums in 2012 table Of Contents 1 Executive Summary 2 Introduction 2.1 What Is This Report About? 2.2 Definitions 2.3 Methodology 3 Regional Market Dynamics 3.1 Overview 3.1.1 Market Trends 3.1.2 Market Size 4 Non-life Insurance 4.1 Scale And Penetration 4.1.1 Total Market Gross Written Premium 4.1.2 Premium Per Capita 4.1.3 Non-life Insurance Penetration 4.2 Growth 4.2.1 Gross Written Premium 4.2.2 Gross Written Premium Per Capita 4.3 Efficiency And Risk 4.3.1 Loss Ratio 4.3.2 Combined Ratio 4.3.3 Incurred Losses Per Capita 4.3.4 Incurred Losses As A Percentage Of Gdp 4.4 Distribution Channels 4.4.1 Direct Marketing 4.4.2 Brokers 4.4.3 Bancassurance 4.4.4 Agencies Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  3. 3. 5 Austrian 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 6.2.2 Motor Third-party 6.3 General Third-party Insurance 6.4 Marine, Aviation And Transit Insurance 6.4.1 Aviation Insurance 6.4.2 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 – Austrian Non-life Insurance Segment 8.1 Bargaining Power Of Supplier: Medium 8.2 Bargaining Power Of Buyer: Low To Medium 8.3 Barriers To Entry: Low To 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 Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  4. 4. 10 Governance, Risk And Compliance 10.1 Legislation Overview And Historical Evolution 10.2 Legislation Trends By Type Of Insurance 10.2.1 Life Insurance Regulatory Trends 10.2.2 Property Insurance Regulatory Trends 10.2.3 Motor Insurance Regulatory Trends 10.2.4 Marine, Aviation And Transit Insurance Regulatory Trends 10.2.5 Personal Accident Insurance Regulatory Trends 10.2.6 Health Insurance Regulatory Trends 10.3 Compulsory Insurance 10.3.1 Motor Vehicle Third-party Liability Insurance 10.3.2 Social Security System 10.4 Supervision And Control 10.4.1 International Association Of Insurance Supervisors (iais) 10.4.2 European Insurance And Occupational Pensions Authority (eiopa) 10.4.3 Financial Market Authority (fma) 10.5 Non-admitted Insurance Regulatory Trends 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 Corporate Tax 10.7.3 Vat 10.7.4 Captives 10.8 Legal System 10.8.1 Introduction 10.8.2 Access To Court 10.8.3 Alternative Dispute Resolution (adr) Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  5. 5. 11 Competitive Landscape And Strategic Insights 11.1 Overview 11.2 Leading Companies In The Austrian Non-life Insurance Market 11.3 Comparison Of The Five Leading Non-life Insurers 11.3.1 Gross Written Premium 11.3.2 Net Earned Premiums 11.3.3 Gross Claims 11.3.4 Paid Claims 11.3.5 Assets 11.4 Generali Versicherung Ag – Company Overview 11.4.1 Generali Versicherung Ag – Key Facts 11.4.2 Generali Versicherung Ag – Key Financials 11.5 Uniqa Österreich Versicherungen Ag – Company Overview 11.5.1 Uniqa Österreich Versicherungen Ag– Key Facts 11.5.2 Uniqa Österreich Versicherungen Ag – Key Financials 11.6 Wiener Städtische Versicherung Ag Vienna Insurance Group – Company Overview 11.6.1 Wiener Städtische Versicherung Ag Vienna Insurance Group – Key Facts 11.6.2 Wiener Städtische Versicherung Ag Vienna Insurance Group – Key Financials 11.7 Vig Vienna Insurance Group Ag – Company Overview 11.7.1 Vig Vienna Insurance Group Ag – Key Facts 11.7.2 Vig Vienna Insurance Group Ag – Key Financials 11.8 Allianz Elementar Versicherungs Ag – Company Overview 11.8.1 Allianz Elementar Versicherungs Ag – Key Facts 11.8.2 Allianz Elementar Versicherungs Ag – Key Financials 11.9 Donau Versicherung Ag Vienna Insurance Group – Company Overview 11.9.1 Donau Versicherung Ag Vienna Insurance Group – Key Facts 11.9.2 Donau Versicherung Ag Vienna Insurance Group – Key Financials 11.1 Generali Holding Vienna Ag – Company Overview 11.10.1 Generali Holding Vienna Ag – Key Facts 11.10.2 Generali Holding Vienna Ag – Key Financials 11.11 Uniqa Insurance Group Ag – Company Overview 11.11.1 Uniqa Versicherungen Ag – Key Facts 11.11.2 Uniqa Versicherungen Ag – Key Financials 11.12 Zürich Versicherungs Ag – Company Overview 11.12.1 Zürich Versicherungs Ag – Key Facts 11.12.2 Zürich Versicherungs Ag – Key Financials 11.13 Grazer Wechselseitige Versicherung Ag – Company Overview 11.13.1 Grazer Wechselseitige Versicherung Ag – Key Facts 11.13.2 Grazer Wechselseitige Versicherung Ag – Key Financials 12 Business Environment And Country Risk 12.1 Business Confidence Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  6. 6. 12.1.1 Market Capitalization Trend – Vienna Stock Exchange, Austria 12.2 Economic Performance 12.2.1 Gdp At Constant Prices (us$) 12.2.2 Gdp Per Capita At Constant Prices (us Dollar) 12.2.3 Gdp At Current Prices (us Dollar) 12.2.4 Gdp Per Capita At Current Prices (us Dollar) 12.2.5 Gdp By Key Segments 12.2.6 Agriculture Net Output At Current Prices (us Dollar) 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$) 12.2.13 Construction Net Output At Current Prices As A Percentage Of Gdp 12.2.14 Inflation Rate 12.2.15 Exports As A Percentage Of Gdp 12.2.16 Imports As A Percentage Of Gdp 12.2.17 Exports Growth 12.2.18 Imports Growth 12.2.19 Annual Average Exchange Rate Eur–us$ 12.3 Infrastructure Quality And Availability 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 Total Population 12.5.3 Urban And Rural Populations 12.5.4 Median Age Of Population 12.5.5 Age Distribution Of The Total Population 13 Appendix 13.1 Methodology 13.2 Contact Us 13.3 About Timetric 13.4 Disclaimer Non-Life Insurance in Austria, Key Trends and Opportunities to 2017
  7. 7. 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 Austria, Key Trends and Opportunities to 2017

×