Press release
Develop business strategies Of Non-Life Insurance in Spain Market
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Timetrics 'Non-Life Insurance in Spain, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Spanish non-life insurance segment, and a comparison of the Spanish 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 (20112015) and forecast period (20152020).
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The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Spanish economy and demographics, explains the various types of natural hazard and their impact on the Spanish 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 Spain, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Spanish non-life insurance segment, including:
The Spanish non-life segments detailed outlook by product category
A comprehensive overview of the Spanish economy and demographics
A comparison of the Spanish non-life insurance segment with its regional counterparts
The various distribution channels in the Spanish non-life insurance segment
Detailed analysis of natural hazards and their impact on the Spanish insurance industry
Details of the competitive landscape in the non-life insurance segment in Spain
Details of regulatory policy applicable to the Spanish insurance industry
Scope
This report provides a comprehensive analysis of the non-life insurance segment in Spain:
It provides historical values for the Spanish non-life 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 Spanish non-life insurance segment, and market forecasts to 2020.
It provides a comparison of the Spanish non-life insurance segment with its regional counterparts
It analyzes the various distribution channels for non-life insurance products in Spain.
It analyzes various natural hazards and their impact on the Spanish insurance industry
It profiles the top non-life insurance companies in Spain, 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 Spanish non-life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Spanish 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 Spanish insurance industry, and their impact on companies and the industry's future.
Key Highlights
Non-life insurance is the second-largest segment in the Spanish insurance industry, representing 38.5% of the countrys overall gross written premium in 2015.
The Spanish non-life segment is moderately concentrated, with the 10 leading insurers accounting for 55.4% of the total non-life direct written premium in 2015.
The rise of low-cost carriers has brought a new wave of tourism to Spain, and contributed to the development of domestic tourism.
The Spanish construction industry is expected to improve slowly over the forecast period, supported by economic recovery and increased foreign investments.
Telematics, or usage-based insurance, is an upcoming global technological development. It is used by motor insurers to measure a motorists driving behavior.
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