Boston, MA -- (SBWIRE) -- 05/21/2014 -- Non-life insurance was the largest segment in the Slovenian insurance industry in 2012, contributing 42.3% of the overall industry's written premium share. The segment registered a compound annual growth rate (CAGR) of 0.1% during the review period (2008-2012), representative of an annual decline of -3.7%. The decline was primarily due to the fall in demand for automobiles as a result of the eurozone crisis. However, the segment received a stimulus due to the growing awareness for property insurance and the absence of natural disasters during the review period. Over the forecast period (2012-2017), government measures, such as privatization and labor reforms to provide easy and cheap labor to companies, aim to increase employment and support businesses. Recovery from the eurozone's sovereign debt crisis, reduced real estate prices and further measures by the government to support the country's economy are all expected to encourage the segment to post a forecast-period CAGR of 3.8% over the forecast period.

View Full Report Details and Table of Contents

Report Highlights

- Non-life insurance was the largest segment in the Slovenian insurance industry in 2012, contributing 42.3% of the overall industry's written premium share.
- To avoid a bailout from the International Monetary Fund (IMF) and the European Union (EU), the government of Slovenia approved the privatization of 15 state-owned companies in various industries, particularly producers of exported products, by the end of June 2013.
- The Slovenian National Assembly passed the labor market reforms in March 2013, to facilitate foreign participation in the country.
- The automotive industry is a traditional industry in Slovenia, and primarily focuses on vehicle manufacturing. However, low domestic demand forces manufacturers to sell in foreign markets, especially in Europe.
- Recovery from the global financial crisis, reduced real estate prices and further measures by the government to support the country's economy are all expected to encourage the segment to post a forecast-period CAGR of 3.8%.

Report Scope

This report provides a comprehensive analysis of the non-life insurance segment in Slovenia:

- It provides historical values for Slovenia'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 categories in Slovenia'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.
- It analyses the various distribution channels for non-life insurance products in Slovenia.

Companies Mentioned in this Report: Triglav Insurance Company, Maribor Insurance Company, Adriatic Slovenica, Tilia Insurance Company, Generali Insurance Company, SID - Prva Kreditna Insurance Company, Grawe Insurance Company, Merkur Insurance Company, NLB Vita, Vzajemna

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Insurance research reports at Fast Market Research

You may also be interested in these related reports:

- Life Insurance in Russia, Key Trends and Opportunities to 2017
- Life Insurance in Austria, Key Trends and Opportunities to 2017: The Austrian life segment's written premium fell from EUR7.4 billion in 2008 to EUR6.5 billion in 2012.
- Non-Life Insurance in Austria, Key Trends and Opportunities to 2017: The Austrian non-life segments written premium value grew from EUR6.5 billion in 2008 to EUR7.1 billion in 2012.
- Personal Accident and Health Insurance in Thailand, Key Trends and Opportunities to 2017
- Life Insurance in South Africa, Key Trends and Opportunities to 2017
- Life Insurance in China, Key Trends and Opportunities to 2017
- Life Insurance in India, Key Trends and Opportunities to 2017
- Non-Life Insurance in Canada, Key Trends and Opportunities to 2017
- Non-Life Insurance in China, Key Trends and Opportunities to 2017
- Non-Life Insurance in India, Key Trends and Opportunities to 2017