Press release
Non-Life Insurance in Vietnam, Key Trends and Opportunities to 2018
The Vietnamese non-life insurance segment’s growth prospects by non-life insurance category
Key trends, drivers and challenges for the non-life insurance segment
The various distribution channels in the Vietnamese non-life insurance segment
The detailed competitive landscape in the non-life insurance segment in Vietnam
Detailed regulatory policies of the Vietnamese insurance industry
Analysis of various consumer segments in Vietnamese non-life insurance
Key developments in the Vietnamese non-life insurance segment
New products launched by Vietnamese non-life insurers
Get the sample copy of this report : https://www.marketresearchreports.biz/sample/sample/242365
Executive summary
The gross written premium of the Vietnamese non-life insurance segment increased at a review-period (2009–2013) compound annual growth rate (CAGR) of 14.6%, from VND12.7 trillion (US$742.9 million) in 2009 to VND21.9 trillion (US$1.0 billion) in 2013. Factors such as economic growth, rising foreign participation, growth of the middle-class population, improving consumer awareness of the benefits of insurance, and the compulsory nature of motor third-party liability cover supported the segment’s growth. Vietnamese GDP at constant prices grew at an annual rate of 5.4% in 2013, and is projected to grow by 5.5% in 2014, according to the World Bank. The inflation rate, however, fell from 18.7% in 2011 to 6.6% in 2013. The segment is expected to post a forecast-period CAGR of 13.7%, supported by positive economic growth and the expanding automobile, real estate and construction sectors.
Scope
This report provides a comprehensive analysis of the non-life insurance segment in Vietnam:
It provides historical values for Vietnam’s non-life insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key categories in Vietnam’s non-life insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for non-life insurance products in Vietnam.
It profiles the top non-life insurance companies in Vietnam and outlines the key regulations affecting them.
Request for TOC of this report : https://www.marketresearchreports.biz/reports/242365/non-life-insurance-in-vietnam-key-trends-and-opportunities-to-2018-market-research-reports/toc
Reasons to buy
Make strategic business decisions using in-depth historic and forecast market data related to the Vietnamese non-life insurance segment and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Vietnamese non-life insurance segment.
Assess the competitive dynamics in the non-life insurance segment.
Identify the growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Vietnamese insurance industry and their impact on companies and the industry's future.
Key highlights
The gross written premium of the Vietnamese non-life insurance segment increased at a review-period (2009–2013) compound annual growth rate (CAGR) of 14.6%.
Factors such as economic growth, rising foreign participation, growth of the middle-class population, improving consumer awareness of the benefits of insurance, and the compulsory nature of motor third-party liability cover supported the segment’s growth.
High growth rates in automobile and construction industries have increased demand for property and motor insurance, supporting overall segment growth during the review period.
The Vietnamese government encouraged fishermen by providing subsidies on insurance premiums for ships and crew.
Declining deposit interest rates is likely to affect insurers’ profitability, impacting short- and long-term liquidity requirements.
View full report : https://www.marketresearchreports.biz/reports/242365/non-life-insurance-in-vietnam-key-trends-and-opportunities-to-2018-market-research-reports
MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments. We have built a veritable reputation for our commitment to fulfilling our clients' exacting market research solutions. From Fortune 500 companies to SMEs, our clients place their trust in us for reports from verified publishers.
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948
(USA-Canada)
Tel: +1-518-621-2074
E: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-Life Insurance in Vietnam, Key Trends and Opportunities to 2018 here
News-ID: 908711 • Views: …
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Vietnam
Vietnam Private Security Market to Witness Huge Growth by T-Force Security, Viet …
Advance Market Analytics published a new research publication on “Global Vietnam Private Security Market Insights, to 2026” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Vietnam Private Security market was mainly driven by the increasing R&D spending across the world.
Some of the key…
Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as…
The Baby Food Sector in Vietnam, 2018 Key Trends and Opportunities By Vietnam Da …
"The Baby Food Sector in Vietnam, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Vietnamese market.
Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing food and to spend with their…
Vietnam Hard Document Storage Market| Top Key players- Crown Record Management, …
A Comprehensive research study conducted by KD Market Insights on "Vietnam Hard Document Storage Market by Application (B2B and B2C) and City (Ho Chi Minh City, Hanoi City, and Rest of Vietnam): Opportunity Analysis and Industry Forecast, 2018 - 2025" report offers extensive and highly detailed historical, current and future market trends in the Vietnam and regional/market. The Hard Document Storage Market report includes market size, growth drivers, barriers, opportunities,…
The Baby Food Sector in Vietnam 2018 | Vietnam Dairy Products Joint Stock Compan …
The Baby Food Sector in Vietnam 2018
"The Baby Food Sector in Vietnam, 2018", is an analytical report by Publisher which provides extensive and highly detailed current and future market trends in the Vietnamese market.
Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing…
South Vietnam to Dominate Vietnam Air Conditioners Market through 2023: TechSci …
Growing number of middle-class households, rising urbanization, increasing demand from hospitality and commercial sectors such as hotels, offices and hospitals, and rising disposable income to drive Vietnam air conditioners market through 2023
According to TechSci Research report, “ Vietnam Air Conditioners Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2013 – 2023”, Vietnam air conditioners market is projected to grow at a CAGR of 10.6% during 2018…
