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Sector Analysis
Reinsurance in Malta, Key Trends and Opportunities to 2019
This report provides a comprehensive market analysis and insights into the Maltese reinsurance segment, including historical and forecast values up to 2019. In addition to an analysis of the key drivers for the Maltese reinsurance segment, the report also contains an examination of the segment’s growth prospects by reinsurance category.
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Sector Analysis
Governance, Risk and Compliance – The Nigerian Insurance Industry
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Nigeria, including: • An overview of the insurance regulatory framework in Nigeria. • The latest key changes, and changes expected in the country’s insurance regulatory framework. • Key regulations and market practices related to different types of insurance product in the country. • Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Nigeria. • Key...
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Sector Analysis
Personal Accident and Health Insurance in Malta, Key Trends and Opportunities to 2019
This report provides in-depth market analysis, information and insights into the Maltese personal accident and health insurance segment; including a detailed analysis of the key categories, along with market forecasts until 2019. In addition, the report highlights regulatory policies affecting participants in the Maltese insurance industry.
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Sector Analysis
Non-Life Insurance in Malta, Key Trends and Opportunities to 2019
This report provides in-depth market analysis and insights into the Maltese non-life insurance segment, including the non-life insurance segment’s growth prospects by non-life insurance category. In addition to detail of new products launched by Malta’s non-life insurers, the report also contain historical values and projected figures up to 2019. Furthermore, there is analysis of the key developments in the segment.
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Sector Analysis
UK Commercial Motor Insurance: Market Dynamics and Opportunities
The commercial motor insurance market grew slightly in 2015. This is a result of economic growth which has increased business prosperity and therefore the investment in commercial vehicles to support business expansion. The market remains at a COR of just under 100%; however, this has been strengthened by reserve releases. Without releases the market would be unprofitable, as insurers have been unable to keep rates in line with claims inflation. Rates have seen an increase due to a 3.5% rise...
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Sector Analysis
UK Private Motor Insurance: Market Dynamics and Opportunities
The private motor insurance market has grown in GWP following three years of successive decline. This change is primarily a result of premiums rising rapidly over 2015 in addition to a growing motor parc. Insurers raised their premiums in response to the impact falling rates in anticipation of LASPO had on market profitability. Insurers have also had to pass on a 3.5 percentage point IPT rise to 9.5% to customers. COR remained steady at just above 100% in 2015, but...
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Sector Analysis
UK Household Insurance: Competitor Dynamics
The UK household insurance market is a highly competitive market. Insurers that can control their costs are able to deliver profitable books even in soft market conditions, with rates reducing or remaining flat. The number of insurers active in this market makes it hard to generate rate increases on top of the increase in insurance tax. However, pricing is generally at a level that is unable to sustain an unusual weather event such as the floods of 2007, so insurers...
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Sector Analysis
Blockchain: An Emerging Digital Platform for Insurers
Blockchain is a distributed ledger that is broadly discussed as a technology with huge innovation potential in all areas of financial services. To date, it is largely in the banking arena where blockchain use cases have been identified. However, blockchain technology also offers potential use cases for insurers, including innovating insurance products and services for growth, increasing effectiveness in fraud detection and pricing, and reducing administrative costs. In these application areas insurers could address some of the main challenges they...
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Sector Analysis
Life Insurance in India, Key Trends and Opportunities to 2020
GlobalData’s 'Life Insurance in India Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Indian life insurance segment, including: • An overview of the Indian life insurance segment • The Indian life insurance segment’s growth prospects by category • A comprehensive overview of the Indian economy and demographics • A comparison of the Indian life insurance segment with its regional counterparts • The various distribution channels in the Indian life insurance segment •...
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Sector Analysis
The Insurance Industry in Suriname, Key Trends and Opportunities to 2020
GlobalData’s 'The Insurance Industry in Suriname, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Surinamese insurance industry, including: • An overview of the Surinamese insurance industry • The Surinamese insurance industry's growth prospects by segment and category • A comprehensive overview of the Surinamese economy and demographics • The detailed competitive landscape in the Surinamese insurance industry • Details of regulatory policy applicable to the Surinamese insurance industry • An analysis of...