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Personal Accident and Health Insurance in Canada, Key Trends and Opportunities to 2019

05-02-2017 02:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Personal Accident and Health Insurance in Canada, Key Trends

MarketResearchReports.Biz presents this most up-to-date research on "Personal Accident and Health Insurance in Canada, Key Trends and Opportunities to 2019"

Description

Timetrics 'Personal Accident and Health Insurance in the Canada, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Canadian personal accident and health insurance segment.

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 (20102014) and forecast period (20142019).

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 2019' report provides in-depth market analysis, information and insights into Canadian personal accident and health insurance segment, including:

Canadian personal accident and health insurance segments growth prospects by insurance category

Key trends, drivers and challenges for the personal accident and health insurance segment

A comprehensive overview of the Canadian economy and demographics

Analysis of distribution channels in the Canadian personal accident and health insurance segment

The competitive landscape in the Canadian personal accident and health insurance segment

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 20102014 review period, and projected figures for the 20142019 forecast period.

It offers a detailed analysis of the key categories in the Canadian personal accident and health insurance segment, and market forecasts to 2019.

Analysis of 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

Personal accident and health insurance accounted for 22.1% of the Canadian insurance industrys gross written premium in 2014.

This segment recorded a review-period CAGR of 5.6%.

The health insurance category accounted for 95.9% of the segment's gross written premium in 2014, followed by personal accident insurance.

Personal accident and health insurances low penetration, which stood at 1.1% in 2014, indicates a potential opportunity for private insurers.

Canada has a large aging population, with the proportion of the population aged 65 and above rising from 15.5% in 2010 to 17.3% in 2014.

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