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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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Sector Analysis
Brazil Life Insurance - Key trends and Opportunities to 2024
GlobalData’s 'Brazil Life Insurance - Key trends and Opportunities to 2024’ report provides a detailed outlook by product category for the Brazilian life insurance segment. This report provides in-depth market analysis, information and insights into the Brazilian life insurance segment. It provides values for key performance indicators such as gross written premium, insurance density, penetration and assets during the review period (2015-2019) and forecast period (2019-2024). The report gives a comprehensive overview of the Brazilian economy and demographics, and provides...
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Sector Analysis
Brazil Reinsurance - Key trends and Opportunities to 2024
GlobalData’s 'Brazil Reinsurance - Key trends and Opportunities to 2024’ report provides a detailed outlook by product category for the Brazilian reinsurance segment. This report provides in-depth market analysis, information and insights into the Brazilian reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2015-2019). 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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Sector Analysis
Global Property Insurance Market
GlobalData’s 'Global Property Insurance Market’ report provides a detailed outlook of the global property insurance industry. Insight analysis report provides in-depth market analysis, information, and insights into the global and regional property insurance industry. It provides values for key performance indicators such as written premium and loss ratio during the review period (2015-2019) and forecast period (2019-2023). The report gives a comprehensive overview of the global and regional property insurance industry, key lines of business, key trends, drivers, challenges, regulatory...
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Government & Regulation
Employee Benefits in Costa Rica 2020
The Costa Rican social security system provides universal cover for healthcare and old-age needs of people living in Costa Rica. While all employees are required to contribute, the social security system also takes care of those unable to do so. The means-tested system ensures that people living in poverty have access to basic necessities. The CajaCostarricense de Seguro Social (Costa Rican Department of Social Security, CCSS) is the main regulator of the Costa Rican social security system. The report provides...