1 / 7

Portugal Life Insurance Market to 2018

The report provides in-depth market analysis, information and insights into the Portuguese life insurance segment, including: The Portuguese life insurance segment’s growth prospects by life insurance category Key trends, drivers and challenges for the life insurance segment The various distribution channels in the Portuguese life insurance segment The detailed competitive landscape in the life insurance segment in Portugal Detailed regulatory policies of the Portuguese insurance industry Analysis of various consumer segments in Portuguese life insurance Key developments in the Portuguese life insurance segment New products launched by Portuguese life insurers Read more details at: http://www.bigmarketresearch.com/life-insurance-in-portugal-key-trends-and-opportunities-to-2018-market

Bradon
Download Presentation

Portugal Life Insurance Market to 2018

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Life Insurance in Portugal, Key Trends and Opportunities to 2018

  2. Synopsis • ● Life insurance was the largest segment in the Portuguese insurance industry in 2013. • ● Portugal’s weak economic environment and rising unemployment rate, as a result of the financial crisis and the subsequent sovereign debt crisis, led to a decline in life insurance sales during the review period (2009-2013). • ● The segment declined at a compound annual growth rate (CAGR) of -2.6%. However, the segment is expected post a forecast period (2013-2018) CAGR of 2.0% due to projected economic growth following Portugal’s bailout program in May 2014. • ● The life insurance segment is highly concentrated, with the 10 leading insurers accounting for 91.6% of the segment’s gross written premium in 2013. As of 2013, 30 insurers – domestic and foreign – were operational in Portugal. • Access The Full Report On: http://www.bigmarketresearch.com/life-insurance-in-portugal-key-trends-and-opportunities-to-2018-market

  3. Scope Scope This report provides a comprehensive analysis of the life insurance segment in Portugal: ● It provides historical values for the Portuguese life insurance segment for the report’s 2009-2013 review period, and projected figures for the 2013-2018 forecast period. ● It offers a detailed analysis of the key categories in the Portuguese life insurance segment, along with market forecasts until 2018. ● 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 life insurance products in Portugal. ● It profiles the top life insurance companies in Portugal and outlines the key regulations affecting them.

  4. Summary Summary The report provides top-level market analysis, information and insights into Luxembourg's cards and payments industry, including: ● Current and forecast values for each category of Luxembourg's cards and payments industry, including debit cards, credit cards and prepaid cards ● Comprehensive analysis of the industry's market attractiveness and future growth areas ● Analysis of various market drivers and regulations governing Luxembourg's cards and payments industry ● Detailed analysis of marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market ● Comprehensive analysis of consumer attitudes and buying preferences for cards ● The competitive landscape of Luxembourg's cards and payments industry

  5. Key Highlights ● The life insurance segment was the largest segment of the Portuguese insurance industry in 2013. ● Portugal’s weak economic environment and rising unemployment rate, as a result of the financial crisis and the subsequent sovereign debt crisis, led to a decline in life insurance sales during the review period. ● Portugal was affected by the world economic and sovereign debt crises from 2009 onwards. The country received bailouts from the International Monetary Fund (IMF), the European Central Bank (ECB), and the European Commission (EC) for a sum of EUR78.0 billion (US$97.0 billion) in May 2011, making it the third European country to receive bailouts, after Greece and Ireland. ● Due to Portugal’s ongoing economic recession, demand for endowment polices increased as people look for secure revenue for savings and investments. ● According to the European Solvency II Survey conducted by Ernst and Young in 2013, Portuguese insurers’ readiness for the implementation of Solvency II was found to be relatively low. Therefore, the implementation of Solvency II in January 2016 is expected to be a major challenge for insurers. Bancassurance was the largest channel in 2013 followed by agencies.

  6. Table of Contents: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Portuguese Insurance Industry Attractiveness 5 Life Insurance Outlook 6 Analysis by Distribution Channel 7 Governance, Risk and Compliance 8 Competitive Landscape and Strategic Insights 9 Appendix - 1 10 Appendix – 2 To Get More Details Enquire @ http://www.bigmarketresearch.com/report-enquiry/178727

  7. Contact Us Deep Joshi 5933 NE Win Sivers Drive, #205, Portland, OR 97220 United States Direct :+1 (617) 674-4143 Toll Free : +1 (855) 711-1555 Fax : +1 (855) 550-5975 Email: help@bigmarketresearch.com Web: http://www.bigmarketresearch.com

More Related