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Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Page 1: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Non-Life Insurance in

Luxembourg, Key Trends and

Opportunities to 2017

Category : Banking & Finance

All logos and Images mentioned on this slide belong to their respective owners.

Page 2: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Introduction to Report

Launch Date: February 26, 2014

Number of Pages: 256

Geography Coverage: Luxembourg

Available Format: PDF

Price For Single User License: USD 1,950

Price For Site License: USD 3,900

Price For Global User License: USD 5,850

Delivery Time: Within 24 Hours (During Working Days)

Page 3: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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About the Report

The report provides in-depth market analysis, information and insights into the Luxembourg non-life insurance segment.

Luxembourg is amongst the world’s most developed economies, and has the highest domestic per capita income. The global financial and eurozone debt crises affected the country’s financial sector during the review period.

Page 4: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Research Findings

In 2009, a decline of 4.1% at current prices was recorded in GDP, but the economy recovered to expand by 2.9% in 2010 and 1.7% in 2011.

Marred by troubles in other eurozone economies, GDP growth moderated to 0.3% in 2012 and a stable housing and automobile industry supported growth in the non-life segment

The segment posted a compound annual growth rate (CAGR) of 2.3% during the review period. The segment is highly competitive, with 42 operational insurers – 31 domestic and 11 foreign – as of 2012.

Page 5: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Research Findings Continues..

Luxembourg’s non-life segment is the second-largest in the insurance industry, accounting for 10.3% of the total gross written premium generated in 2012

In 2012, property insurance accounted for 43.7% of the gross written premium, followed by motor insurance with a share of 27%

Brokers and agencies were the preferred distribution channels for non-life insurers in Luxembourg

Companies are focusing on reducing costs and improving efficiency to generate sufficient profit margins

The Luxembourg non-life insurance segment comprises both domestic and foreign insurers

The segment is highly concentrated with top 10 companies accounting for 92.3% of the total non-life segment, in terms of written premium

Page 6: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Scope

It provides historical values for Luxembourg’s non-life insurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period.

It offers a detailed analysis of the key categiories in Luxembourg’s non-life insurance segment, along with market forecasts until 2017.

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.

Page 7: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Scope Contineus…

It analyses the various distribution channels for non-life insurance products in Luxembourg.

Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Luxembourg for the non-life insurance segment.

It provides a detailed analysis of the reinsurance segment in Luxembourg and its growth prospects.

It profiles the top non-life insurance companies in Luxembourg and outlines the key regulations affecting them.

Page 8: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Report Coverage

1. Executive Summary2. Introduction3. Luxembourg Insurance Industry Attractiveness4. Non-Life Insurance Outlook5. Analysis by Distribution Channels6. Porter’s Five Forces Analysis – Luxembourg Non-Life

Insurance Segment7. Reinsurance Growth Dynamics and Challenges8. Governance, Risk and Compliance9. Competitive Landscape and Strategic Insights10.Business Environment and Country Risk11.Appendix

For more details regarding Report coverage see the last slide

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Page 9: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Company Coverage (Partial List)

For more details regarding company coverage and TOC see the last slide

All logos and Images mentioned on this slide belong to their respective owners.

Page 10: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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Custom Research: Are you an industry professional, entrepreneur,

venture capitalist, investors and organization, then let us know your specific research requirements. Our goal is to cater to your requirements be it for a custom market research project, syndicated research report on a specific market or industry sector, newsletter creation, case study development or anything else related to marketing research.

For Any Customization Related query Visit IdeaCenter @http://www.marketresearchreports.com/idea-center

Page 11: Non-Life Insurance in Luxembourg, Key Trends and Opportunities to 2017

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How To Buy This Report?

Visit following URL to see Table of Content and purchase this publication:

http://www.marketresearchreports.com/timetric/non-life-insurance-luxembourg-key-trends-and-opportunities-2017

About Market Research Reports, Inc.Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”.

Contact : Amitava SenEmail : [email protected]: +1 302-703-7787 (USA) +91-8762746600 (India)