Press release
Personal Accident And Health Insurance In Canada, Key Trends And Opportunities To 2020
SynopsisTimetrics 'Personal Accident and Health Insurance in Canada Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Canadian personal accident and health insurance segment, and a comparison of the Canadian insurance industry with its regional counterparts.
It provides 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 (20112015) and forecast period (20152020).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Canadian economy and demographics, 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 'Personal Accident and Health Insurance in Canada Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Canadian personal accident and health insurance segment, including:
An overview of the Canadian personal accident and health insurance segment
The Canadian personal accident and health insurance segments growth prospects by category
A comprehensive overview of the Canadian economy and demographics
A comparison of the Canadian personal accident and health insurance segment with its regional counterparts
The various distribution channels in the Canadian personal accident and health insurance segment
Details of the competitive landscape in the personal accident and health insurance segment in Canada
Details of regulatory policy applicable to the Canadian insurance industry
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Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Canada:
It provides historical values for the Canadian personal accident and health insurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.
It offers a detailed analysis of the key categories in the Canadian personal accident and health insurance segment, and market forecasts to 2020.
It provides a comparison of the Canadian personal accident and health insurance segment with its regional counterparts
It provides an overview of the various distribution channels for personal accident and health insurance products in Canada.
It profiles the top personal accident and health insurance companies in Canada, 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 Canadian personal accident and health insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Canadian personal accident and health insurance segment.
Assess the competitive dynamics in the personal accident and health insurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Canadian insurance industry, and their impact on companies and the industry's future.
Key Highlights
Canada witnessed a steady increase in healthcare spending during the review period.
The leading cost drivers in health spending are drugs, hospitals and physicians, which accounted for 60.7% of the total health expenditures in 2015.
Rising outbound tourism is expected to drive demand for travel insurance.
Life expectancy in Canada rose from 81.4 years in 2011 to 81.8 years in 2015, and is projected to increase further over the forecast period.
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