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

Published: Mar, 2016 | Pages: 118 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)

Synopsis
Timetric's 'Personal Accident and Health Insurance in Ireland, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Irish 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 claims 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 Irish 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 Ireland, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Irish personal accident and health insurance segment, including:

 Irish 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 Irish economy and demographics

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

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

 Details of regulatory policy applicable to the Irish insurance industry

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

 It provides historical values for the Irish 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 Irish personal accident and health insurance segment, and market forecasts to 2019.

 It analyzes the various distribution channels for personal accident and health insurance products in Ireland.

 It profiles the top personal accident and health insurance companies in Ireland, 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 Irish personal accident and health insurance segment, and each category within it.

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

Key Highlights
 The personal accident and health segment posted a review-period CAGR of -5.4%, and accounted for 2.7% of the industry's gross written premium in 2014.

 Strong economic growth, favorable regulatory regimes, outbound tourism and an aging population are expected to support the segment's growth over the forecast period. 

 The expected increase in cancer cases will raise the demand for cancer-related health or medical insurance products over the forecast period. 

 The aging population was a key driver of the personal accident and health segment during the review period. 

 To increase sales with low commission expenses, insurers are focusing on call centers and aggregator websites.

 Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Economy and Demographics
5 Personal Accident and Health Insurance Segment Outlook
5.1 Key Drivers
5.2 Key Trends
5.3 Challenges
5.4 Personal Accident and Health Insurance Growth Prospects by Category
5.4.1 Personal accident insurance
5.4.2 Travel insurance
5.4.3 Health insurance
5.4.4 Non-life health insurance
5.4.5 Life health insurance
6 Analysis by Distribution Channel
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Key Companies in the Irish Personal Accident and Health Insurance Segment
7.2.1 Aviva Health Insurance Ireland Ltd - company overview
7.2.2 RSA Insurance Ireland Ltd - company overview
7.2.3 Allianz Plc - company overview
7.2.4 DeCare Dental Insurance Ireland Ltd - Company overview
7.2.5 Aetna Health Insurance Company of Europe Ltd

List of Tables
Table 1: Irish Life Insurance - Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Irish Government Credit Ratings
Table 4: Irish Personal Accident Insurance - Fatalities By County, 2015
Table 5: Irish Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2010-2014
Table 6: Irish Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 7: Irish Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2014-2019
Table 8: Irish Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 9: Irish Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2010-2014
Table 10: Irish Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2014-2019
Table 11: Irish Personal Accident and Health Insurance - Paid Claims (EUR Million), 2010-2014
Table 12: Irish Personal Accident and Health Insurance - Paid Claims (EUR Million), 2014-2019
Table 13: Irish Personal Accident and Health Insurance - Incurred Loss (EUR Million), 2010-2014
Table 14: Irish Personal Accident and Health Insurance - Incurred Loss (EUR Million), 2014-2019
Table 15: Irish Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 16: Irish Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 17: Irish Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2010-2014
Table 18: Irish Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2014-2019
Table 19: Irish Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 20: Irish Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 21: Irish Personal Accident and Health Insurance - Total Assets (EUR Billion), 2010-2014
Table 22: Irish Personal Accident and Health Insurance - Total Assets (EUR Billion), 2014-2019
Table 23: Irish Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2010-2014
Table 24: Irish Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2014-2019
Table 25: Irish Personal Accident Insurance - Gross Written Premium (EUR Million), 2010-2014
Table 26: Irish Personal Accident Insurance - Gross Written Premium (EUR Million), 2014-2019
Table 27: Irish Travel Insurance - Gross Written Premium (EUR Million), 2010-2014
Table 28: Irish Travel Insurance - Gross Written Premium (EUR Million), 2014-2019
Table 29: Irish Travel Insurance - Loss Ratio (%), 2010-2014
Table 30: Irish Travel Insurance - Loss Ratio (%), 2014-2019
Table 31: Irish Health Insurance - Gross Written Premium by Sub-Category (EUR Million), 2010-2014
Table 32: Irish Health Insurance - Gross Written Premium by Sub-Category (US$ Million), 2010-2014
Table 33: Irish Health Insurance - Gross Written Premium by Sub-Category (EUR Million), 2014-2019
Table 34: Irish Health Insurance - Gross Written Premium by Sub-Category (US$ Million), 2014-2019
Table 35: Irish Non-Life Health Insurance - Gross Written Premium (EUR Million), 2010-2014
Table 36: Irish Non-Life Health Insurance - Gross Written Premium (EUR Million), 2014-2019
Table 37: Irish Life Health Insurance - Gross Written Premium (EUR Million), 2010-2014
Table 38: Irish Life Health Insurance - Gross Written Premium (EUR Million), 2014-2019
Table 39: Irish Life Health Insurance - Paid Claim (EUR Million), 2010-2014
Table 40: Irish Life Health Insurance - Paid Claim (EUR Million), 2014-2019
Table 41: Irish Life Health Insurance - Loss Ratio (%), 2010-2014
Table 42: Irish Life Health Insurance - Loss Ratio (%), 2014-2019
Table 43: Irish Life Health Insurance - Net Written Premium (EUR Million), 2010-2014
Table 44: Irish Life Health Insurance - Net Written Premium (EUR Million), 2014-2019
Table 45: Irish Personal Accident and Health Insurance - Key Insurers
Table 46: Aviva Health Insurance Ireland Ltd, Key Facts
Table 47: RSA Insurance Ireland Ltd, Key Facts
Table 48: Allianz Plc, Key Facts
Table 49: DeCare Dental Insurance Ireland Ltd, Key Facts
Table 50: Aetna Health Insurance Company of Europe Ltd, Key Facts
Table 51: Vhi Insurance DAC, Key Facts
Table 52: Ireland - Insurance Regulatory Framework Key Features
Table 53: Ireland - Life Insurance Regulatory Framework
Table 54: Ireland - Property Insurance Regulatory Framework
Table 55: Ireland - Motor Insurance Regulatory Framework
Table 56: Ireland - Liability Insurance Regulatory Framework
Table 57: Ireland - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
Table 58: Ireland - Insurance Funding Levy
Table 59: Ireland - Corporate Tax Rates for the Financial Year 2016