Press release
Forecast the Microinsurance Market in the Philippines to grow at a CAGR of 21.47% during the Period 2016-2020
ResearchMoz added Latest Research Report titled " Microinsurance Market in the Philippines 2016-2020 " to it's Large Report database.About Micro-Insurance Products
Micro-insurance products are coverage policies targeted at households with low income levels. Micro-insurance plans provide tailored insurance coverage policies for individuals with little or low saving plans. Such policies provide lower value assets and compensation for injury, illness, or death to an individual than in other insurance policies. Micro-insurance companies assist poor families by offering customized insurance plans to meet the specific needs of the customers. The value of the coverage policy is lower compared to other insurance plans because of which the policyholder pays smaller premiums to the insurance company than in the case of a usual plan. The micro-insurance market is stronger in developing countries which offer high growth opportunities for the insurance industry.
Technavios analysts forecast the micro-insurance market in the Philippines to grow at a CAGR of 21.47% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the micro-insurance market in the Philippines for 2016-2020. To calculate the market size, the report considered the premiums earned from accidental micro-insurance, life micro-insurance, health micro-insurance, agriculture micro-insurance, and property micro-insurance from the Philippines market.
Technavio's report, Micro-Insurance Market in the Philippines 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AIG Philippines
Asian Life and General Assurance
CARD Pioneer
CLIMBS Life
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Definition of micro-insurance
Key players in micro-insurance value chain
Micro-insurance transaction
Role of policy and regulation in shaping business environment of micro-insurance sector
Difference between traditional insurance and micro-insurance
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market drivers
Encouraging regulatory environment
Impact of growing urbanization on markets pertaining to life micro-insurance, health micro-insurance, and various kinds of agricultural insurance
Different valuation strategies
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