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Sector Analysis
United Kingdom (UK) Travel Insurance - Market Dynamics and Opportunities 2020
This report provides in-depth analysis of the UK travel insurance market. It looks at current and historical market size and profitability, examining changes in premiums and claims. It analyzes the competitive landscape, providing examples of key travel insurance products. The report discusses travel trends and the impact of various socio-political and economic factors, including COVID-19 and Brexit. Forecasts up to 2024 are provided for gross written premiums, and the report also discusses how the market and travel insurance products are...
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Government & Regulation
Employee Benefits in Singapore 2020
The Republic of Singapore’s social security system is founded on principles of self-provision and self-reliance; the government limits expenditure on social security schemes. Government policy has been that each generation must earn and save enough for their entire life cycle, with each individual responsible for their financial sustenance after retirement. The Central Provident Fund (CPF) is a key component of the Singaporean social security system. Most mandatory and state-sponsored benefits are limited to nationals and permanent citizens The report provides...
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Government & Regulation
Employee Benefits in Puerto Rico 2020
In 1952, Puerto Rico was granted the status of Commonwealth of United States after its constitution was ratified by the electorate. The Employees Retirement System (ERS) and Teachers Retirement System (TRS) are the major governing bodies of social security. The existing retirement system was introduced in 1951 as a defined benefit plan, but over the years evolved into a hybrid plan. The systems now provide coverage for retirement, disability and death. The report provides in-depth industry analysis, information and insights...
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Government & Regulation
Employee Benefits in Ghana, 2020 Update
Ghana’s social welfare system provides cover to all residents in the event of disability, old age, death, unemployment, and sickness. The public pension pillar covers individuals in need of assistance. The occupational pillar, which is a compulsory defined-contribution (DC) scheme, was launched in 2000, and the third pillar is a voluntary pension savings scheme. The Social Welfare Department (SWD) administers Ghana’s non-contributory social security system, which includes the Comprehensive Social Security Assistance (CSSA) scheme, the Social Security Allowance (SSA) scheme,...
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Government & Regulation
Employee Benefits in Cyprus, 2020 Update
Cyprus’s social welfare system provides cover to all residents in the event of disability, old age, death, unemployment, and sickness. The public pension pillar covers individuals in need of assistance. The occupational pillar, which is a compulsory defined-contribution (DC) scheme, was launched in 2000, and the third pillar is a voluntary pension savings scheme. The Social Welfare Department (SWD) administers Cyprus’s non-contributory social security system, which includes the Comprehensive Social Security Assistance (CSSA) scheme, the Social Security Allowance (SSA) scheme,...
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Government & Regulation
Employee Benefits in Kazakhstan, 2020 Update
The Kazakhstanian pension system has been facing much turbulence, regardless of the increase in the number of pensioners every year. The Kazakhstanian pension system includes everyone from means-tested to private employees. Kazakhstan’s social security system is based on the principle of defined-benefits and is generally managed by the state government. The social security system covers a limited number of benefits and provides them based on the insured’s contribution period. Kazakhstan has three pillar pension system. First pillar is made for...
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Government & Regulation
Employee Benefits in Malta, 2020 Update
The Maltese pension system has been facing much turbulence, regardless of the increase in the number of pensioners every year. The Maltese pension system includes everyone from means-tested to private employees. Malta’s social security system is based on the principle of defined-benefits (pay-as-you-go) and is generally managed by the state government. The social security system covers a limited number of benefits and provides them based on the insured’s contribution period. Malta also has an informal social security system to which...
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Government & Regulation
Employee Benefits in Spain, 2020 Update
The Spanish social security system covers the country’s entire population, including foreigners who work in the country. It also protects those of Spanish origin, as well as their dependents who reside in foreign countries. The main objective of this system is to formulate a single and integrated model of social protection, in order to guarantee adequate social assistance and a source of funds for various benefits, with contributions from insured individuals, employers, and the state. However, the recent sovereign debt...
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Sector Analysis
Spain Life Insurance - Key trends and Opportunities to 2023
GlobalData’s 'Spain Life Insurance - Key Trends and Opportunities to 2023’ report provides a detailed outlook by product category for the Spanish life insurance segment. This report provides in-depth market analysis, information and insights into the Spanish life insurance segment. It provides values for key performance indicators such as direct written premium, claims paid, penetration and assets during the review period (2014-2018) and forecast period (2018-2023). The report gives a comprehensive overview of the Spanish economy and demographics, and provides...
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Sector Analysis
Spain Reinsurance - Key trends and Opportunities to 2023
GlobalData’s 'Spain Reinsurance - Key Trends and Opportunities to 2023’ report provides a detailed outlook by product category for the Spanish reinsurance segment. This report provides in-depth market analysis, information and insights into the Spanish reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2014-2018). The report brings together GlobalData’s research, modeling and analysis expertise, giving reinsurers access to information on segment dynamics and competitive advantages, and...
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