Naperville, IL -- (SBWIRE) -- 03/13/2014 -- Reportstack, provider of premium market research reports announces the addition of Life Insurance in Denmark, Key Trends and Opportunities to 2017 market report to its offering
In terms of written premium, the life insurance segment accounted for the largest share of the Danish insurance industry during the review period. The Danish life segment registered significant review-period (20082012) growth at a compound annual growth rate (CAGR) of 3.7%, higher than that of the non-life segment, mainly supported by group superannuation and unit-linked products. Insurers market life insurance as savings products, and Danish consumers generally high propensity for risk led to life and group superannuation insurance companies launching more transparent, rather than traditional, products. The life segment grew at a CAGR of 3.7% during the review period. In the individual categories, key life products include individual life and unit-linked, whereas the group category covers group life and group superannuation insurance. Group superannuation products accounted for 84.2% of the segment in 2012, mainly due to the aging population of the country, and are expected to lead the life segment over the forecast period with a 84.8% share of the segments gross written premium in 2017.
Scope
This report provides a comprehensive analysis of the life insurance segment in Denmark:
It provides historical values for the Danish life insurance segment for the reports 20082012 review period and forecast figures for the 20122017 forecast period.
It offers a detailed analysis of the key categories in the Danish 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.
It analyses the various distribution channels for life insurance products in Denmark.
Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Denmark for the life insurance business.
It provides a detailed analysis of the reinsurance segment in Denmark and its growth prospects.
It profiles the top life insurance companies in Denmark and outlines the key regulations affecting them.
Reasons to Buy
Make strategic business decisions using in depth historic and forecast market data related to the Danish life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Danish life insurance segment
Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Danish insurance industry and its impact on companies and the market's future
Key Highlights
The Danish life insurance segment is mainly supported by group superannuation and unit-linked products
Denmarks rapidly growing aging population is expected to play a key role in the growth of life insurance
The Danish life segment is regulated by the Danish Financial Supervisory Authority (DFSA), which also regulates the non-life and personal accident and health segments
As of 2012, 34 companies were licensed to conduct life insurance business in the country, of which seven operated exclusively in pension insurance
The Danish life segment is highly concentrated, and the 10 leading insurers accounted for 77.8% of the segments written premium in 2012
Companies Mentioned
PFA Pension Forsikrings AS (PFA Pension)
Danica Pension
NordeaLiv A/S
PensionDanmark A/S
Sampension KP Livsforsikring A/S
IndustriensPensionsforsikring A/S
AP Pension Livsforsikringsaktieselskab
Pen-Sam LivForsikringsaktieselskab
SEB Pensionsforsikring A/S
Lrernes Pension
To view the table of contents for this market research report please visit
http://www.reportstack.com/product/151460/life-insurance-in-denmark-key-trends-and-opportunities-to-2017.html
Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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