The report provides in depth market analysis, information and insights into the Belgian personal accident and health insurance market, including:
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Report Details:
Published: August 2012
No. of Pages: 208
Price:Single User License:US$1950 Corporate User License:US$3900
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Belgium:
- The Belgian personal accident and health insurance market’s growth prospects by personal accident and health insurance categories
- The various distribution channels in the Belgian personal accident and health insurance market
- The competitive landscape in the personal accident and health insurance market
- A description of the personal accident and health reinsurance market in Belgium
Buy your copy of this report @ http://www.reportsnreports.com/reports/190944-personal-accident-and-health-insurance-in-belgium-key-trends-and-opportunities-to-2016.html
Report Details:
Published: August 2012
No. of Pages: 208
Price:Single User License:US$1950 Corporate User License:US$3900
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Belgium:
- It provides historical values for the Belgian personal accident and health insurance market for the review period (2007–2011) and forecast period (2012–2016)
- It offers a detailed analysis of the key sub-segments in the Belgian personal accident and health insurance market, along with market forecasts until 2016
- 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 Belgium
- Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Belgian for the personal accident and health insurance business
- It provides a detailed analysis of the reinsurance market in Belgium and its growth prospects
- It profiles the top personal accident and health insurance companies in Belgium and outlines the key regulations affecting them
- The number of outbound tourists from Belgium increased from 8.4 million in 2007 to 10.5 million in 2011, and is expected to reach 12.7 million by 2016. This significant increase in outbound tourism was the key growth driver of the travel insurance category during the review period.
- In Belgium, all public, private and self-employed individuals are protected under a public social security system, under which health insurance is included. Under this system, public and private employees contribute some proportion of their incomes to a public welfare health insurance fund named mutuelle/mutualité or ziekenfonds/mutualiteit in order to access the country’s public healthcare facilities.
- The Belgian government encourages foreign investment through incentives such as a lower corporate tax structure, national interest deductions, patent income relief, and VAT grouping. In addition, the country’s policy makers offer a variety of fiscal measures designed to facilitate investment.
- In addition, the Belgian insurance industry’s high exposure to government bonds could cause losses for insurance companies over the forecast period, while the increasing losses from frauds and crimes may negatively impact bottom lines and reduce investor confidence.
- During the review period, Belgium’s unfavorable business and economic conditions forced the country’s personal accident and health insurance companies to increase their use of channels with lower marketing and administrative costs.
- A number of multinational insurers, such as AXA, Ergo and Allianz, have significant operations in Belgium and multinationals collectively dominate the country’s personal accident and health insurance segment. Moreover, the Belgian government‘s encouragement of FDI, through liberal regulations, tax reductions, and other fiscal measures, is expected to attract new businesses over the forecast period.
- Make strategic business decisions using in depth historic and forecast market data related to the Belgian personal accident and health insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Belgian personal accident and health insurance market
- Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Belgian insurance market and its impact on companies and the market's future