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Non-Life Insurance in Norway, Key Trends and Opportunities to 2019 Published By :MarketResearchReports.biz

04-25-2016 11:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Non-Life Insurance in Norway, Key Trends and Opportunities

MarketResearchReports.Biz announces addition of new report “ Non-Life Insurance in Norway, Key Trends and Opportunities to 2019 ” to its database.

Description

Non-Life Insurance in Norway, Key Trends and Opportunities to 2019

Synopsis

Timetrics 'Non-Life Insurance in Norway, Key Trends and Opportunities to 2019' report provides a detailed outlook by product category for the Norwegian non-life insurance segment, and a comparison of the Norwegian insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (20102014) and forecast period (20142019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Norwegian economy and demographics, explains the various types of natural hazard and their impact on the Norwegian insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetrics ' Non-Life Insurance in Norway, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Norwegian non-life insurance segment, including:

The Norwegian non-life insurance segments detailed outlook by product category

A comprehensive overview of the Norwegian economy and demographics

A comparison of the Norwegian insurance industry with its regional counterparts

The various distribution channels in the Norwegian non-life insurance segment

Detailed analysis of natural hazards and their impact on the Norwegian insurance industry

Details of the competitive landscape in the life insurance segment in Norway

Details of regulatory policy applicable to the Norwegian insurance industry

Download Full Version PDF report at: http://www.marketresearchreports.biz/sample/sample/487957

Scope

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

It provides historical values for the Norwegian non-life insurance segment for the reports 20102014 review period, and projected figures for the 20142019 forecast period.

It offers a detailed analysis of the key categories in the Norwegian non-life insurance segment, and market forecasts to 2019.

It analyzes the various distribution channels for non-life insurance products in Norway.

It profiles the top non-life insurance companies in Norway, 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 Norwegian non-life insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian non-life insurance segment.

Assess the competitive dynamics in the non-life insurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Norwegian insurance industry, and their impact on companies and the industry's future.

Key Highlights

Non-life insurance accounted for 39.6% of the Norwegian insurance industry's gross written premium in 2014.

The growth of property insurance was supported by government investments in public transport infrastructure, low unemployment, and a rise consumer and investor confidence.

The non-life segments loss ratio decreased from 71.5% in 2010 to 67.6% in 2014, while the combined ratio fell from 100.5% to 88.3%.

The higher capital requirement is expected to force medium-sized and smaller companies to either exit the industry or merge with large insurers.

Insurers are prioritizing sales platforms such as online and call centers to increase operational efficiency.

Domestic insurers contributed 63.0% of the non-life gross written premium in 2014 followed by foreign insurers with 37.0%.

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