Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018

Published: Jul, 2014 | Pages: 253 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


Synopsis
The report provides in depth market analysis, information and insights into the French personal accident and health insurance segment, including:
The French personal accident and health insurance segment's growth prospects by insurance categories 
Key trends and drivers for the personal accident and health insurance segment 
The various distribution channels in the French personal accident and health insurance segment
The detailed competitive landscape in the personal accident and health insurance segment in France
Detailed regulatory policies of the French insurance industry
A description of the personal accident and health reinsurance segment in France
Porter's Five Forces analysis of the personal accident and health insurance segment
A benchmarking section on the French personal accident and health insurance segment in comparison with other countries with a gross written premium of greater than $150 billion 

Summary
The personal accident and health insurance segment was the fastest growing segment in the French insurance industry over the review period, growing at a CAGR of 3.4%. This was primarily contributed by the personal accident and the health insurance categories, and the segment is strongly supported by the country's social security system which comprises a number of mandatory schemes. The healthcare system is provided through the government's National Health Insurance (NHI) scheme, under which universal coverage is provided to all French residents, which is funded by both public and private sectors. 
Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in France:
It provides historical values for the French personal accident and health insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
It offers a detailed analysis of the key sub-segments in French personal accident and health 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 personal accident and health insurance products in France.
Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in France for the personal accident and health insurance segment.
It provides a detailed analysis of the reinsurance segment in France and its growth prospects.
It profiles the top personal accident and health insurance companies in France and outlines the key regulations affecting them. 
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the French personal accident and health insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the French personal accident and health insurance segment
Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the French insurance segment and its impact on companies and the market's future 
Key Highlights
 The personal accident and health insurance segment was the fastest growing segment in the French insurance industry over the review period.
This was primarily contributed by the personal accident and the health insurance categories, and the segment is strongly supported by the country's social security system which comprises a number of mandatory schemes. 
Public health insurance in France provides universal coverage. 
Due to the financial and eurozone crises, the French public deficit increased, and in order to meet it the government was forced to cut healthcare expenditure.
Dual financed social security system is expected to supplement the growth of the segment.
French residents, along with those of Spain and Brazil topped the lists of nations which took the highest number of vacation days in 2012.

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Regiol Market Dymics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size
4 Persol Accident and Health Insurance Segment - Regiol Benchmarking
4.1 Scale and Penetration
4.1.1 Total market gross written premium
4.1.2 Premium per capita
4.1.3 Persol accident and health insurance penetration (as a percentage of GDP)
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Incurred losses per capita
4.3.3 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Bancassurance
4.4.3 Agencies
5 French Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2009-2018
5.2 Key Industry Trends and Drivers
5.3 Challenges
5.4 Recent Market Developments
6 Persol Accident and Health Insurance Segment Outlook
6.1 Consumer Segmentation and Buying Behaviour
6.2 Product and Marketing Strategies
6.2.1 Product strategies
6.2.2 Marketing strategies
6.3 Persol Accident and Health Insurance Growth Prospects by Category
6.3.1 Persol accident insurance
6.3.2 Travel insurance
6.3.3 Health insurance
7 Alysis by Distribution Channels
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-Commerce
7.5 Brokers
7.6 Other Channels
8 Porter's Five Forces Alysis - French Persol Accident and Health Insurance Segment
8.1 Bargaining Power of Suppliers: Medium
8.2 Bargaining Power of Buyers: Medium
8.3 Barriers to Entry: Low to Medium
8.4 Intensity of Rivalry: Medium to High
8.5 Threat of Substitutes: Low
9 Reinsurance Growth Dymics and Challenges
9.1 Reinsurance Segment Size, 2009-2018
9.2 Reinsurance Segment Size by Type of Insurance, 2009-2018
10 Governce, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation and Market Practice by Type of Insurance
10.2.1 Life insurance
10.2.2 Property insurance
10.2.3 Motor insurance
10.2.4 Marine, aviation and transit insurance
10.2.5 Persol accident and health insurance
10.3 Compulsory Insurance
10.3.1 Motor third-party liability (MTPL) insurance
10.3.2 Workers' compensation
10.3.3 Air carriers and aircraft operators insurance
10.4 Supervision and Control
10.4.1 Intertiol Association of Insurance Supervisors (IAIS)
10.4.2 European Insurance and Occupatiol Pensions Authority (EIOPA)
10.4.3 Autorite de Controle Prudentiel (ACP)
10.5 Non-Admitted Insurance
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and pelties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.6.10 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Altertive dispute resolution (ADR)
11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 List of Companies in the French Persol Accident and Health Insurance Segment
11.3 Istya Group - Company Overview
11.3.1 Istya Group - key facts
11.4 Harmonie Mutuelle - Company Overview
11.4.1 Harmonie Mutuelle - key facts
11.5 Groupama SA - Company Overview
11.5.1 Groupama SA - key facts
11.6 Humanis - Company Overview
11.6.1 Humanis - key facts
11.7 Allianz France SA - Company Overview
11.7.1 Allianz France SA - key facts
11.8 SGAM AG2R La Mondiale - Company Overview
11.8.1 SGAM AG2R La Mondiale - key facts
11.9 Swiss Life - Company Overview
11.9.1 Swiss Life - key facts
11.1 BNP Paribas Cardif SA - Company Overview
11.10.1 BNP Paribas Cardif - key facts
11.11 Sferen - Company Overview
11.11.1 Sferen - key facts
11.12 Covea Mutual Insurance Group - Company Overview
11.12.1 Covea Mutual Insurance Group - key facts
11.13 Pro BTP - Company Overview
11.13.1 Pro BTP - key facts
12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Paris Stock Exchange, France
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Merchandise exports growth
12.2.18 Merchandise imports growth
12.2.19 Annual average exchange rate EUR-US$
12.3 Infrastructure
12.3.1 Commercial vehicles exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.4.2 Unemployment rate
12.5 Demographics
12.5.1 Gross tiol disposable income (US$)
12.5.2 Household consumption expenditure (US$)
12.5.3 Total population
12.5.4 Urban and rural population
12.5.5 Age distribution of the total population
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: French Insurance - Gross Written Premium by Segment (EUR Billion), 2009-2013
Table 3: French Insurance - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 4: French Insurance - Gross Written Premium by Segment (EUR Billion), 2013-2018
Table 5: French Insurance - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 6: French Insurance - Segmentation, Gross Written Premium (Percentage Share), 2009-2018
Table 7: French Insurance - Direct Written Premium by Segment (EUR Billion), 2009-2013
Table 8: French Insurance - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 9: French Insurance - Direct Written Premium by Segment (EUR Billion), 2013-2018
Table 10: French Insurance - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 11: French Insurance - Segmentation, Direct Written Premium (Percentage Share), 2009-2018
Table 12: French Persol Accident and Health Insurance - Gross Written Premium by Category (EUR Billion), 2009-2013
Table 13: French Persol Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2009-2013
Table 14: French Persol Accident and Health Insurance - Gross Written Premium by Category (EUR Billion), 2013-2018
Table 15: French Persol Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2013-2018
Table 16: French Persol Accident and Health Insurance - Direct Written Premium by Category (EUR Billion), 2009-2013
Table 17: French Persol Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2009-2013
Table 18: French Persol Accident and Health Insurance - Direct Written Premium by Category (EUR Billion), 2013-2018
Table 19: French Persol Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2013-2018
Table 20: French Persol Accident and Health Insurance - Earned Premium (EUR Billion), 2009-2013
Table 21: French Persol Accident and Health Insurance - Earned Premium (EUR Billion), 2013-2018
Table 22: French Persol Accident and Health Insurance - Paid Claims by Category (EUR Billion), 2009-2013
Table 23: French Persol Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2009-2013
Table 24: French Persol Accident and Health Insurance - Paid Claims by Category (EUR Billion), 2013-2018
Table 25: French Persol Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2013-2018
Table 26: French Persol Accident and Health Insurance - Incurred Loss by Category (EUR Billion), 2009-2013
Table 27: French Persol Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2009-2013
Table 28: French Persol Accident and Health Insurance - Incurred Loss by Category (EUR Billion), 2013-2018
Table 29: French Persol Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2013-2018
Table 30: French Persol Accident and Health Insurance - Retentions by Category (EUR Billion), 2009-2013
Table 31: French Persol Accident and Health Insurance - Retentions by Category (US$ Billion), 2009-2013
Table 32: French Persol Accident and Health Insurance - Retentions by Category (EUR Billion), 2013-2018
Table 33: French Persol Accident and Health Insurance  - Retentions by Category (US$ Billion), 2013-2018
Table 34: French Persol Accident and Health Insurance - Loss Ratio (%), 2009-2013
Table 35: French Persol Accident and Health Insurance - Loss Ratio (%), 2013-2018
Table 36: French Persol Accident and Health Insurance - Commissions and Expenses (EUR Billion), 2009-2013
Table 37: French Persol Accident and Health Insurance - Commissions and Expenses (EUR Billion), 2013-2018
Table 38: French Persol Accident and Health Insurance - Combined Ratio (%), 2009-2013
Table 39: French Persol Accident and Health Insurance - Combined Ratio (%), 2013-2018
Table 40: French Persol Accident and Health Insurance - Frauds and Crimes (EUR Billion), 2009-2013
Table 41: French Persol Accident and Health Insurance - Frauds and Crimes (EUR Billion), 2013-2018
Table 42: French Persol Accident and Health Insurance - Total Assets (EUR Billion), 2009-2013
Table 43: French Persol Accident and Health Insurance - Total Assets (EUR Billion), 2013-2018
Table 44: French Persol Accident and Health Insurance - Total Investment Income (EUR Billion), 2009-2013
Table 45: French Persol Accident and Health Insurance - Total Investment Income (EUR Billion), 2013-2018
Table 46: French Persol Accident and Health Insurance - Retentions (EUR Billion), 2009-2013
Table 47: French Persol Accident and Health Insurance - Retentions (EUR Billion), 2013-2018
Table 48: French Persol Accident Insurance - Number of Policies Sold (Million), 2009-2013
Table 49: French Persol Accident Insurance - Number of Policies Sold (Million), 2013-2018
Table 50: French Persol Accident Insurance - Gross Written Premium (EUR Billion), 2009-2013
Table 51: French Persol Accident Insurance - Gross Written Premium (EUR Billion), 2013-2018
Table 52: French Persol Accident Insurance - Loss Ratio (%), 2009-2013
Table 53: French Persol Accident Insurance - Loss Ratio (%), 2013-2018
Table 54: French Travel Insurance - Number of Policies Sold (Million), 2009-2013
Table 55: French Travel Insurance - Number of Policies Sold (Million), 2013-2018
Table 56: French Travel Insurance - Gross Written Premium (EUR Billion), 2009-2013
Table 57: French Travel Insurance - Gross Written Premium (EUR Billion), 2013-2018
Table 58: French Travel Insurance - Loss Ratio (%), 2009-2013
Table 59: French Travel Insurance - Loss Ratio (%), 2013-2018
Table 60: French Health Insurance - Number of Policies Sold (Million), 2009-2013
Table 61: French Health Insurance - Number of Policies Sold (Million), 2013-2018
Table 62: French Health Insurance - Gross Written Premium (EUR Billion), 2009-2013
Table 63: French Health Insurance - Gross Written Premium (EUR Billion), 2013-2018
Table 64: French Health Insurance - Direct Written Premium (EUR Billion), 2009-2013
Table 65: French Health Insurance - Direct Written Premium (EUR Billion), 2013-2018
Table 66: French Health Insurance - Loss Ratio (%), 2009-2013
Table 67: French Health Insurance - Loss Ratio (%), 2013-2018
Table 68: French Health Insurance - Retentions (EUR Billion), 2009-2013
Table 69: French Health Insurance - Retentions (EUR Billion), 2013-2018
Table 70: French Persol Accident and Health Insurance - Direct Marketing Commission Paid (EUR Billion), 2009-2013
Table 71: French Persol Accident and Health Insurance - Direct Marketing Commission Paid (EUR Billion), 2013-2018
Table 72: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Direct Marketing Channel (EUR Billion), 2009-2013
Table 73: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Direct Marketing Channel (EUR Billion), 2013-2018
Table 74: French Persol Accident and Health Insurance - Policies Sold Through Direct Marketing (Million), 2009-2013
Table 75: French Persol Accident and Health Insurance - Policies Sold Through Direct Marketing (Million), 2013-2018
Table 76: French Persol Accident and Health Insurance - Number of Direct Marketing Distributors, 2009-2013
Table 77: French Persol Accident and Health Insurance - Number of Direct Marketing Distributors, 2013-2018
Table 78: French Persol Accident and Health Insurance - Bancassurance Commission Paid (EUR Billion), 2009-2013
Table 79: French Persol Accident and Health Insurance - Bancassurance Commission Paid (EUR Billion), 2013-2018
Table 80: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Bancassurance Channel (EUR Billion), 2009-2013
Table 81: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Bancassurance Channel (EUR Billion), 2013-2018
Table 82: French Persol Accident and Health Insurance - Policies Sold Through Bancassurance (Million), 2009-2013
Table 83: French Persol Accident and Health Insurance - Policies Sold Through Bancassurance (Million), 2013-2018
Table 84: French Persol Accident and Health Insurance - Number of Bancassurance Distributors, 2009-2013
Table 85: French Persol Accident and Health Insurance - Number of Bancassurance Distributors, 2013-2018
Table 86: French Persol Accident and Health Insurance - Commission Paid to Agencies (EUR Billion), 2009-2013
Table 87: French Persol Accident and Health Insurance - Commission Paid to Agencies (EUR Billion), 2013-2018
Table 88: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Agencies Channel (EUR Billion), 2009-2013
Table 89: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Agencies Channel (EUR Billion), 2013-2018
Table 90: French Persol Accident and Health Insurance - Policies Sold Through Agencies (Million), 2009-2013
Table 91: French Persol Accident and Health Insurance - Policies Sold Through Agencies (Million), 2013-2018
Table 92: French Persol Accident and Health Insurance - Number of Agencies, 2009-2013
Table 93: French Persol Accident and Health Insurance - Number of Agencies, 2013-2018
Table 94: French Persol Accident and Health Insurance - E-Commerce Commission Paid (EUR Million), 2009-2013
Table 95: French Persol Accident and Health Insurance - E-Commerce Commission Paid (EUR Million), 2013-2018
Table 96: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through E-Commerce Channel (EUR Billion), 2009-2013
Table 97: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through E-Commerce Channel (EUR Billion), 2013-2018
Table 98: French Persol Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2009-2013
Table 99: French Persol Accident and Health Insurance - Policies Sold Through E-Commerce (Thousand), 2013-2018
Table 100: French Persol Accident and Health Insurance - Number of E-Commerce Distributors, 2009-2013
Table 101: French Persol Accident and Health Insurance - Number of E-Commerce Distributors, 2013-2018
Table 102: French Persol Accident and Health Insurance - Commission Paid to Brokers (EUR Million), 2009-2013
Table 103: French Persol Accident and Health Insurance - Commission Paid to Brokers (EUR Million), 2013-2018
Table 104: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Brokers Channel (EUR Billion), 2009-2013
Table 105: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Brokers Channel (EUR Billion), 2013-2018
Table 106: French Persol Accident and Health Insurance - Policies Sold Through Brokers (Million), 2009-2013
Table 107: French Persol Accident and Health Insurance - Policies Sold Through Brokers (Million), 2013-2018
Table 108: French Persol Accident and Health Insurance - Number of Brokers, 2009-2013
Table 109: French Persol Accident and Health Insurance - Number of Brokers, 2013-2018
Table 110: French Persol Accident and Health Insurance - Commission Paid to Other Channels (EUR Million), 2009-2013
Table 111: French Persol Accident and Health Insurance - Commission Paid to Other Channels (EUR Million), 2013-2018
Table 112: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Other Channels (EUR Million), 2009-2013
Table 113: French Persol Accident and Health Insurance - Gross Written Premium New Business Generation Through Other Channels (EUR Million), 2013-2018
Table 114: French Persol Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2009-2013
Table 115: French Persol Accident and Health Insurance - Policies Sold Through Other Channels (Thousand), 2013-2018
Table 116: French Persol Accident and Health Insurance - Number of Distributors in Other Channels, 2009-2013
Table 117: French Persol Accident and Health Insurance - Number of Distributors in Other Channels, 2013-2018
Table 118: France Reinsurance by Category (EUR Billion), 2009-2013
Table 119: France Reinsurance by Category (US$ Billion), 2009-2013
Table 120: France Reinsurance by Category (EUR Billion), 2013-2018
Table 121: France Reinsurance by Category (US$ Billion), 2013-2018
Table 122: France Premium Ceded to Reinsurance by Type of Insurance (EUR Billion), 2009-2013
Table 123: France Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2009-2013
Table 124: France Premium Ceded to Reinsurance by Type of Insurance (EUR Billion), 2013-2018
Table 125: France Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2013-2018
Table 126: French Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 127: French Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 128: France - Life Insurance Regulatory Framework
Table 129: France - Property Insurance Regulatory Framework
Table 130: France - Motor Insurance Regulatory Framework
Table 131: France - Minimum Coverage for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 132: France - Insurance Premium Taxation
Table 133: France - Corporate Tax Rates for the Fincial Year 2013
Table 134: List of Key Insurers in the French Persol Accident and Health Insurance Segment
Table 135: Istya Group, Key Facts
Table 136: Harmonie Mutuelle, Key Facts
Table 137: Groupama SA, Key Facts
Table 138: Humanis, Key Facts
Table 139: Allianz France SA, Key Facts
Table 140: SGAM AG2R La Mondiale, Key Facts
Table 141: Swiss Life, Key Facts
Table 142: BNP Paribas Cardif, Key Facts
Table 143: Sferen, Key Facts
Table 144: Cov�a Mutual Insurance Group, Key Facts
Table 145: Pro BTP, Key Facts