Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
Synopsis
The report provides in...
5.2 Bancassurance
5.3 Agencies
5.4 E-commerce
5.5 Brokers
5.6 Other Channels

6 Porter’s Five Forces Analysis &ndash...
9.3 Comparison Of Top Five Insurers
9.3.1 Gross Written Premium
9.4 Globality – Company Overview
9.4.1 Globality &nd...
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Personal Accident and Health Insurance in Luxembourg to 2017:Industry Trends, Size and Shares Research Report

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Personal Accident and Health Insurance in Luxembourg to 2017:Industry Trends, Size and Shares Research Report
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Personal Accident and Health Insurance in Luxembourg to 2017:Industry Trends, Size and Shares Research Report

  1. 1. Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017 Synopsis The report provides in-depth market analysis, information and insights into the Luxembourg personal accident and health insurance segment, including: The Luxembourg personal accident and health insurance segment’s growth prospects by insurance categories Key trends and drivers for the personal accident and health insurance segment The various distribution channels in the Luxembourg personal accident and health insurance segment The detailed competitive landscape in the personal accident and health insurance segment in Luxembourg Detailed regulatory policies of the Luxembourg insurance industry A description of the personal accident and health reinsurance segment in Luxembourg Porter's Five Forces analysis of the personal accident and health insurance segment Executive summary Luxembourg has one of the most comprehensive healthcare systems in the world. It offers virtually unrestricted access to its population. Luxembourg is also ranked amongst the leading ten countries in the world, in terms of per capita healthcare expenditure. Government-funded free basic healthcare is provided to every citizen. The total health spending, as a percentage of GDP (gross domestic product), was about 7.8% in 2012. The Caisse Nationale de Santé (National Health Fund) collects funds for the 97.0% of the population that, as of 2012, was covered by public health insurance in 2012. However, private health insurance services act as a supplement to state health insurance. Private insurance is mainly for medical expenses outside Luxembourg, as well as dental and optical care, which are not covered by the state health insurance. Pressure on government finances and increasing awareness of health insurance due to rising life expectancy will continue to support the demand for personal accident and health insurance products over the forecast period (2012–2017). Scope This report provides a comprehensive analysis of the personal accident and health insurance segment in Luxembourg: It provides historical values for the Luxembourg personal accident and health insurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period. It offers a detailed analysis of the key sub-segments in Luxembourg personal accident and health 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 personal accident and health insurance products in Luxembourg. Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Luxembourg for the personal accident and health insurance segment. It provides a detailed analysis of the reinsurance segment in Luxembourg and its growth prospects. It profiles the top personal accident and health insurance companies in Luxembourg 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 Luxembourg personal accident and health insurance segment and each category within it. Understand the demand-side dynamics, key market trends and growth opportunities within the Luxembourg personal accident and health insurance segment. Assess the competitive dynamics in the personal accident and health 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 Luxembourg insurance segment and its impact on companies and the market's future. Key highlights The healthcare system in Luxembourg is one of the most developed in Europe. Compulsory government-funded free basic healthcare is provided to citizens. Around 97.0% of the population was covered by the public health insurance in 2012. Health insurance was the dominant category in the personal accident and health segment during the review period, accounting for 61.9% of the total written premium value in 2012 The share of the commission earned by brokers increased steadily from 66.6% in 2008 to 67.5% in 2012. In Luxembourg, the personal accident and health segment is highly concentrated, with the 10 leading companies representing 98.1% of the segment’s gross written premium in 2012. table Of Contents 1 Executive Summary 2 Introduction 2.1 What Is This Report About? 2.2 Definitions 2.3 Methodology 3 Luxembourg Insurance Industry Attractiveness 3.1 Insurance Industry Size, 2008–2017 3.2 Key Industry Trends And Drivers 4 Personal Accident And Health Insurance Segment Outlook 4.1 Personal Accident And Health Insurance Growth Prospects By Category 4.1.1 Personal Accident Insurance 4.1.2 Travel Insurance 4.1.3 Health Insurance 5 Analysis By Distribution Channels 5.1 Direct Marketing Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
  2. 2. 5.2 Bancassurance 5.3 Agencies 5.4 E-commerce 5.5 Brokers 5.6 Other Channels 6 Porter’s Five Forces Analysis – Luxembourg Personal Accident And Health Insurance 6.1 Bargaining Power Of Suppliers: Medium 6.2 Bargaining Power Of Buyers: Medium To High 6.3 Barriers To Entry: Low To Medium 6.4 Intensity Of Rivalry: Medium To High 6.5 Threat Of Substitutes: Low 7 Reinsurance Growth Dynamics And Challenges 7.1 Reinsurance Segment Size, 2008–2017 7.2 Reinsurance Segment Size By Type Of Insurance, 2008–2017 8 Governance, Risk And Compliance 8.1 Legislation Overview And Historical Evolution 8.2 Legislation And Market Practice By Type Of Insurance 8.2.1 Life Insurance 8.2.2 Property Insurance 8.2.3 Motor Insurance 8.2.4 Marine, Aviation And Transit Insurance 8.2.5 Personal Accident And Health Insurance 8.3 Compulsory Insurance 8.3.1 Motor Third-party Liability Insurance (mtpl) 8.3.2 Social Insurance System 8.3.3 Air Carriers And Aircraft Operators Liability Insurance 8.3.4 Marine Insurance 8.4 Supervision And Control 8.4.1 International Association Of Insurance Supervisors (iais) 8.4.2 European Insurance And Occupational Pensions Authority (eiopa) 8.4.3 Insurance Commission (commissariat Aux Assurance) 8.5 Non-admitted Insurance Regulations 8.5.1 Overview 8.5.2 Intermediaries 8.5.3 Market Practices 8.5.4 Fines And Penalties 8.6 Company Registration And Operations 8.6.1 Types Of Insurance Organization 8.6.2 Establishing A Local Company 8.6.3 Foreign Ownership 8.6.4 Types Of License 8.6.5 Capital Requirements 8.6.6 Solvency Margins 8.6.7 Reserve Requirements 8.6.8 Investment Regulations 8.6.9 Statutory Return Requirements 8.6.10 Fee Structure 8.7 Taxation 8.7.1 Insurance Premium Or Policy Taxation 8.7.2 Withholding Taxes On Premium Paid Overseas 8.7.3 Corporate Tax 8.7.4 Vat 8.7.5 Captives 8.8 Legal System 8.8.1 Introduction 8.8.2 Access To Court 8.8.3 Alternative Dispute Resolution (adr) 9 Competitive Landscape And Strategic Insights 9.1 Overview 9.2 Leading Companies In The Luxembourg Personal Accident And Health Segment Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
  3. 3. 9.3 Comparison Of Top Five Insurers 9.3.1 Gross Written Premium 9.4 Globality – Company Overview 9.4.1 Globality – Key Facts 9.5 Dkv Luxembourg – Company Overview 9.5.1 Dkv Luxembourg – Key Facts 9.6 Foyer Santé – Company Overview 9.6.1 Foyer Santé – Key Facts 9.7 La Luxembourgeoise – Company Overview 9.7.1 La Luxembourgeoise – Key Facts 9.8 Foyer Assurances – Company Overview 9.8.1 Foyer Assurances – Key Facts 9.9 Axa Assurances Luxembourg – Company Overview 9.9.1 Axa Assurances Luxembourg – Key Facts 9.10 Swiss Re International – Company Overview 9.10.1 Swiss Re International – Key Facts 9.11 Aig Europe Ltd – Company Overview 9.11.1 Aig Europe Ltd – Key Facts 9.12 Arisa Assurances – Company Overview 9.12.1 Arisa Assurances – Key Facts 9.13 P&v Assurances – Company Overview 9.13.1 P&v Assurances – Key Facts 10 Business Environment And Country Risk 10.1 Business Confidence 10.1.1 Market Capitalization Trend – Luxembourg Stock Exchange (lse) 10.2 Economic Performance 10.2.1 Gdp At Constant Prices (us$) 10.2.2 Gdp Per Capita At Constant Prices (us$) 10.2.3 Gdp At Current Prices (us$) 10.2.4 Gdp Per Capita At Current Prices (us$) 10.2.5 Agriculture, Hunting, Forestry And Fishing Net Output At Current Prices (us$) 10.2.6 Agriculture, Hunting, Forestry And Fishing Net Output At Current Prices, As A Percentage Of Gdp 10.2.7 Manufacturing Net Output At Current Prices (us$) 10.2.8 Manufacturing Net Output At Current Prices, As A Percentage Of Gdp 10.2.9 Mining, Manufacturing And Utilities At Current Prices (us$) 10.2.10 Mining, Manufacturing And Utilities At Current Prices, As A Percentage Of Gdp 10.2.11 Construction Net Output At Current Prices (us$) 10.2.12 Construction Net Output At Current Prices, As A Percentage Of Gdp 10.2.13 Inflation Rate 10.2.14 Merchandise Exports As A Percentage Of Gdp 10.2.15 Merchandise Imports As A Percentage Of Gdp 10.2.16 Annual Average Exchange Rate Eur–us$ 10.3 Infrastructure 10.3.1 Commercial Vehicle Exports – Total Value 10.3.2 Commercial Vehicle Imports – Total Value 10.3.3 Automotive Exports – Total Value 10.3.4 Automotive Imports – Total Value 10.3.5 Total Internet Subscribers 10.4 Labor Force 10.4.1 Labor Force 10.4.2 Unemployment Rate 10.5 Demographics 10.5.1 Household Consumption Expenditure (us$) 10.5.2 Total Population 10.5.3 Urban And Rural Population 10.5.4 Age Distribution Of The Total Population 11 Appendix 11.1 Methodology 11.2 Contact Timetric 11.3 About Timetric 11.4 Timetric’s Services 11.5 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 Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017
  4. 4. 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/ Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2017

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