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The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Page 1: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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The Insurance Industry in Qatar, Key Trends and Opportunities to

2017

Category : Banking & Finance

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

Page 2: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Introduction to Report

Launch Date: February 19, 2014

Number of Pages: 195

Geography Coverage: Qatar

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: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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About the Report

The report provides in-depth industry analysis, information and insights into the insurance industry in Qatar. Growth in the industry can be attributed to factors like the rise in the expatriate population, regulatory changes and the country’s economic strength.

The size of the Qatari insurance industry is comparatively smaller than other countries in the Gulf region; the industry’s penetration stood at 0.4% in 2012, significantly lower than the global average of 6.7%. This provides an opportunity for existing and new entrants to scale-up their businesses in the uninsured Qatari insurance industry.

Page 4: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Research Findings

The Qatari insurance industry grew at a CAGR of 1.0% during the review period (2008–2012), due to weak demand for personal accident and health insurance and the emergence of takaful insurance. However, the industry is expected to register faster growth at a CAGR of 6.7% over the forecast period (2012–2017). Growth will be driven by projected infrastructure spending ahead of the 2022 FIFA World Cup and investment in non-oil sectors.

The Qatari insurance industry grew at a CAGR of 1.0% during the review period, due to weak demand for personal accident and health insurance and the emergence of takaful insurance

The size of the Qatari insurance industry is comparatively smaller than other countries in the Gulf region

Page 5: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Research Findings Continues..

Third-party motor insurance, engineers’ professional liability insurance and health insurance are compulsory in Qatar

By the end of 2014, the entire population is expected to be covered under health insurance, providing the health insurance category with strong growth avenues, which will be ignited by lifestyle changes

Construction activities are expected to increase in the country over the forecast period, as Qatar prepares to host the FIFA World Cup in 2022

There are six leading insurance providers in Qatar; Qatar Insurance Company is the market leader with 43.5% market share, followed by Qatar General Insurance and Reinsurance (QGIRCO) with 18.7%

Page 6: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Scope

It provides historical values for the Qatari insurance industry 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 segments and categories in the Qatari insurance industry, along with forecasts until 2017.

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions.

It profiles the top insurance companies in Qatar, and outlines the key regulations affecting them.

Page 7: The Insurance Industry in Qatar, Key Trends and Opportunities to 2017

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Report Coverage

1. Executive Summary2. Introduction3. The Middle East Region Market Dynamics4. Qatari Insurance Industry Overview5. Non-Life Insurance6. Personal Accident and Health Insurance7. Reinsurance8. Analysis by Distribution Channel9. Governance, Risk and Compliance10.Competitive Landscape11.Economic Indicators12.Appendix

For more details regarding Report coverage see the last slide

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Page 8: The Insurance Industry in Qatar, 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 9: The Insurance Industry in Qatar, 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.

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Page 10: The Insurance Industry in Qatar, 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/insurance-industry-qatar-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)