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

Published: Jun, 2016 | Pages: 165 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)



Synopsis
Timetric's 'Personal Accident and Health Insurance in Germany, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the German 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 (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the German economy and demographics, and provides detailed information on the competitive landscape in the country. 

The report brings together Timetric's 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
Timetric's 'Personal Accident and Health Insurance in Germany, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the German personal accident and health insurance segment, including:

• The German personal accident and health insurance segment's growth prospects by insurance category

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

• A comprehensive overview of the German economy and demographics

• The various distribution channels in the German personal accident and health insurance segment

• Details of the competitive landscape in the personal accident and health insurance segment in Germany

• Details of regulatory policy applicable to the German insurance industry

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Germany:

• It provides historical values for the German personal accident and health insurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

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

• It profiles the top personal accident and health insurance companies in Germany, 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 German personal accident and health insurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the German 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 German insurance industry, and their impact on companies and the industry's future.

Key Highlights
• Solvency II came into force in Germany on January 1, 2016. It is based on three pillars: risk-based quantitative requirements; governance and supervision; and disclosure and transparency.

• Agents and brokers dominate the personal accident and health insurance's distribution in Germany. Collectively, these channels accounted for 85.5% of the gross written premium in 2014.

• The German health insurance category is highly concentrated; the 10 leading insurers accounted for 71.2% of the gross written premium in 2014.

• Germany's personal accident and health segment accounted for 23.0% of the gross written premium in 2014.

• German law mandates that all residents must have health insurance.

• The German personal accident and health insurance penetration - calculated as the percentage of direct premium to GDP - increased from 1.54% in 2010 to 1.57% in 2014.

 Table of Contents

1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Personal Accident and Health Insurance Segment Outlook
4.1 Key Drivers
4.2 Key Trends
4.3 Challenges
4.4 Personal Accident and Health Insurance Growth Prospects by Category
4.4.1 Personal accident insurance
4.4.2 Travel insurance
4.4.3 Health insurance
4.4.4 Non-life health insurance
4.4.5 Life health insurance
5 Analysis by Distribution Channel
5.1 Direct Marketing
5.2 Bancassurance
5.3 Agencies
5.4 Brokers
5.5 Other Channels
6 Competitive Landscape and Strategic Insights
6.1 Overview
6.2 Leading Companies in the German Health Insurance Category
6.2.1 Debeka Krankenversicherungsverein

List of Tables
Table 1: German Personal Accident and Health Insurance - Key Facts, 2014
Table 2: German Health Insurance - Category Shares of the Top Insurers, 2014
Table 3: German Government Credit Ratings
Table 4: German Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Billion), 2010-2014
Table 5: German Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2010-2014
Table 6: German Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Billion), 2014-2019
Table 7: German Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Billion), 2014-2019
Table 8: German Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Billion), 2010-2014
Table 9: German Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2010-2014
Table 10: German Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Billion), 2014-2019
Table 11: German Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Billion), 2014-2019
Table 12: German Personal Accident and Health Insurance - Net Earned Premium (EUR Billion), 2010-2014
Table 13: German Personal Accident and Health Insurance - Net Earned Premium (EUR Billion), 2014-2019
Table 14: German Personal Accident and Health Insurance - Paid Claims by Category (EUR Billion), 2010-2014
Table 15: German Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2010-2014
Table 16: German Personal Accident and Health Insurance - Paid Claims by Category (EUR Billion), 2014-2019
Table 17: German Personal Accident and Health Insurance - Paid Claims by Category (US$ Billion), 2014-2019
Table 18: German Personal Accident and Health Insurance - Incurred Loss by Category (EUR Billion), 2010-2014
Table 19: German Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2010-2014
Table 20: German Personal Accident and Health Insurance - Incurred Loss by Category (EUR Billion), 2014-2019
Table 21: German Personal Accident and Health Insurance - Incurred Loss by Category (US$ Billion), 2014-2019
Table 22: German Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 23: German Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 24: German Personal Accident and Health Insurance - Commission and Expenses (EUR Billion), 2010-2014
Table 25: German Personal Accident and Health Insurance - Commission and Expenses (EUR Billion), 2014-2019
Table 26: German Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 27: German Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 28: German Personal Accident and Health Insurance - Number of Policies per Capita, 2010-2014
Table 29: German Personal Accident and Health Insurance - Number of Policies per Capita, 2014-2019
Table 30: German Personal Accident and Health Insurance - Total Assets (EUR Billion), 2010-2014
Table 31: German Personal Accident and Health Insurance - Total Assets (EUR Billion), 2014-2019
Table 32: German Personal Accident and Health Insurance - Total Investment Income (EUR Billion), 2010-2014
Table 33: German Personal Accident and Health Insurance - Total Investment Income (EUR Billion), 2014-2019
Table 34: German Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2010-2014
Table 35: German Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2014-2019
Table 36: German Personal Accident Insurance - Number of Policies Sold (Million), 2010-2014
Table 37: German Personal Accident Insurance - Number of Policies Sold (Million), 2014-2019
Table 38: German Personal Accident Insurance - Direct Written Premium (EUR Billion), 2010-2014
Table 39: German Personal Accident Insurance - Direct Written Premium (EUR Billion), 2014-2019
Table 40: German Personal Accident Insurance - Loss Ratio (%), 2010-2014
Table 41: German Personal Accident Insurance - Loss Ratio (%), 2014-2019
Table 42: German Travel Insurance - Number of Policies Sold (Million), 2010-2014
Table 43: German Travel Insurance - Number of Policies Sold (Million), 2014-2019
Table 44: German Travel Insurance - Direct Written Premium (EUR Million), 2010-2014
Table 45: German Travel Insurance - Direct Written Premium (EUR Million), 2014-2019
Table 46: German Travel Insurance - Loss Ratio (%), 2010-2014
Table 47: German Travel Insurance - Loss Ratio (%), 2014-2019
Table 48: German Health Insurance - Gross Written Premium by Sub-Category (EUR Billion), 2010-2014
Table 49: German Health Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2010-2014
Table 50: German Health Insurance - Gross Written Premium by Sub-Category (EUR Billion), 2014-2019
Table 51: German Health Insurance - Gross Written Premium by Sub-Category (US$ Billion), 2014-2019
Table 52: German Non-Life Health Insurance - Number of Policies Sold (Million), 2010-2014
Table 53: German Non-Life Health Insurance - Number of Policies Sold (Million), 2014-2019
Table 54: German Non-Life Health Insurance - Direct Written Premium (EUR Billion), 2010-2014
Table 55: German Non-Life Health Insurance - Direct Written Premium (EUR Billion), 2014-2019
Table 56: German Non-Life Health Insurance - Paid Claims (EUR Billion), 2010-2014
Table 57: German Non-Life Health Insurance - Paid Claims (EUR Billion), 2014-2019
Table 58: German Non-Life Health Insurance - Loss Ratio (%), 2010-2014
Table 59: German Non-Life Health Insurance - Loss Ratio (%), 2014-2019
Table 60: German Life Health Insurance - Number of Policies Sold (Million), 2010-2014
Table 61: German Life Health Insurance - Number of Policies Sold (Million), 2014-2019
Table 62: German Life Health Insurance - Direct Written Premium (EUR Billion), 2010-2014
Table 63: German Life Health Insurance - Direct Written Premium (EUR Billion), 2014-2019
Table 64: German Life Health Insurance - Paid Claims (EUR Billion), 2010-2014
Table 65: German Life Health Insurance - Paid Claims (EUR Billion), 2014-2019
Table 66: German Life Health Insurance - Loss Ratio (%), 2010-2014
Table 67: German Life Health Insurance - Loss Ratio (%), 2014-2019
Table 68: German Personal Accident and Health Insurance - Direct Marketing Value of Commission (EUR Billion), 2010-2014
Table 69: German Personal Accident and Health Insurance - Direct Marketing Value of Commission (EUR Billion), 2014-2019
Table 70: German Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (EUR Billion), 2010-2014
Table 71: German Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (EUR Billion), 2014-2019
Table 72: German Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Million), 2010-2014
Table 73: German Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Million), 2014-2019
Table 74: German Personal Accident and Health Insurance - Sales Force, 2010-2014
Table 75: German Personal Accident and Health Insurance - Sales Force, 2014-2019
Table 76: German Personal Accident and Health Insurance - Bancassurance Value of Commission (EUR Billion), 2010-2014
Table 77: German Personal Accident and Health Insurance - Bancassurance Value of Commission (EUR Billion), 2014-2019
Table 78: German Personal Accident and Health Insurance - Bancassurance Direct Written Premium (EUR Billion), 2010-2014
Table 79: German Personal Accident and Health Insurance - Bancassurance Direct Written Premium (EUR Billion), 2014-2019
Table 80: German Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Million), 2010-2014
Table 81: German Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Million), 2014-2019
Table 82: German Personal Accident and Health Insurance - Number of Banking Entities, 2010-2014
Table 83: German Personal Accident and Health Insurance - Number of Banking Entities, 2014-2019
Table 84: German Personal Accident and Health Insurance - Agencies' Value of Commission (EUR Billion), 2010-2014
Table 85: German Personal Accident and Health Insurance - Agencies' Value of Commission (EUR Billion), 2014-2019
Table 86: German Personal Accident and Health Insurance - Agencies' Direct Written Premium (EUR Billion), 2010-2014
Table 87: German Personal Accident and Health Insurance - Agencies' Direct Written Premium (EUR Billion), 2014-2019
Table 88: German Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Million), 2010-2014
Table 89: German Personal Accident and Health Insurance - Number of Policies Sold Through Agencies (Million), 2014-2019
Table 90: German Personal Accident and Health Insurance - Number of Insurance Agents, 2010-2014
Table 91: German Personal Accident and Health Insurance - Number of Insurance Agents, 2014-2019
Table 92: German Personal Accident and Health Insurance - Brokers' Value of Commission (EUR Billion), 2010-2014
Table 93: German Personal Accident and Health Insurance - Brokers' Value of Commission (EUR Billion), 2014-2019
Table 94: German Personal Accident and Health Insurance - Brokers' Direct Written Premium (EUR Billion), 2010-2014
Table 95: German Personal Accident and Health Insurance - Brokers' Direct Written Premium (EUR Billion), 2014-2019
Table 96: German Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Million), 2010-2014
Table 97: German Personal Accident and Health Insurance - Number of Policies Sold Through Brokers (Million), 2014-2019
Table 98: German Personal Accident and Health Insurance - Number of Insurance Brokers, 2010-2014
Table 99: German Personal Accident and Health Insurance - Number of Insurance Brokers, 2014-2019
Table 100: German Personal Accident and Health Insurance - Other Channels' Value of Commission (EUR Billion), 2010-2014
Table 101: German Personal Accident and Health Insurance - Other Channels' Value of Commission (EUR Billion), 2014-2019
Table 102: German Personal Accident and Health Insurance - Other Channels' Direct Written Premium (EUR Billion), 2010-2014
Table 103: German Personal Accident and Health Insurance - Other Channels' Direct Written Premium (EUR Billion), 2014-2019
Table 104: German Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Million), 2010-2014
Table 105: German Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Million), 2014-2019
Table 106: German Health Insurance - Category Shares (%), 2014
Table 107: Debeka Krankenversicherungsverein�AG - Key Facts
Table 108: DKV Deutsche Krankenversicherung�AG - Key Facts
Table 109: Allianz Private Krankenversicherungs-AG - Key Facts
Table 110: AXA Krankenversicherung AG - Key Facts
Table 111: Signal Krankenversicherung�AG - Key Facts
Table 112: Central Krankenversicherung�AG - Key Facts
Table 113: Bayerische Beamtenkrankenkasse Aktiengesellschaft - Key Facts
Table 114: Barmenia Krankenversicherung�AG - Key Facts
Table 115: Germany - Insurance Regulatory Framework Key Features
Table 116: Germany - Life Insurance Regulatory Framework
Table 117: Germany - Property Insurance Regulatory Framework
Table 118: Germany - Motor Insurance Regulatory Framework
Table 119: Germany - Liability Insurance Regulatory Framework
Table 120: Germany - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 121: Germany - Corporate Tax Rates for the Financial Year 2016
Table 122: Insurance Industry Definitions