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

Published: Jan, 2016 | Pages: 160 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)

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

 The Portuguese 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 Portuguese economy and demographics

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

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

 Details of regulatory policy applicable to the Portuguese insurance industry

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

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

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

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

Key Highlights
 Personal accident and health was the smallest segment in the Portuguese insurance industry in 2014, accounting for 8.3% of its gross written premium.

 According to the World Bank, 65.0% of healthcare expenditure in Portugal is funded by the government.

 Although the health and travel categories grew during the review period, a decrease in personal accident insurance adversely affected the segment's overall growth.

 Portugal's life expectancy rose from 78.4 years in 2010 to 79.0 in 2014.

 The personal accident and health penetration rate stood at 0.5% in 2014.

 Bancassurance accounted for 20.7% of the personal accident and health new business gross written premium in 2014.

 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 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
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 E-commerce
6.5 Brokers
6.6 Other Channels
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Leading Companies in the Portuguese Personal Accident and Health Insurance Segment
7.2.1 Fidelidade Companhia de Seguros SA - company overview
7.2.2 GNB Vida Companhia de Seguros SA - company overview
7.2.3 Ocidental ? Companhia Portuguesa de Seguros de Vida SA - company overview
7.2.4 Santander Totta Seguros - Companhia de Seguros de Vida - company overview
7.2.5 Eurovida - Companhia de Seguros de Vida SA

List of Tables
Table 1: Portuguese Personal Accident and Health Insurance - Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Portuguese Government Credit Ratings
Table 4: Portuguese Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2010-2014
Table 5: Portuguese Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 6: Portuguese Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2014-2019
Table 7: Portuguese Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 8: Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2010-2014
Table 9: Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 10: Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2014-2019
Table 11: Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 12: Portuguese Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2010-2014
Table 13: Portuguese Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2014-2019
Table 14: Portuguese Personal Accident and Health Insurance - Paid Claims by Category (EUR Million), 2010-2014
Table 15: Portuguese Personal Accident and Health Insurance - Paid Claims by Category (US$ Million), 2010-2014
Table 16: Portuguese Personal Accident and Health Insurance - Paid Claims by Category (EUR Million), 2014-2019
Table 17: Portuguese Personal Accident and Health Insurance - Paid Claims by Category (US$ Million), 2014-2019
Table 18: Portuguese Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2010-2014
Table 19: Portuguese Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2010-2014
Table 20: Portuguese Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2014-2019
Table 21: Portuguese Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2014-2019
Table 22: Portuguese Personal Accident and Health Insurance - Net Written Premium by Category (EUR Million), 2010-2014
Table 23: Portuguese Personal Accident and Health Insurance - Net Written Premium by Category (US$ Million), 2010-2014
Table 24: Portuguese Personal Accident and Health Insurance - Net Written Premium by Category (EUR Million), 2014-2019
Table 25: Portuguese Personal Accident and Health Insurance - Net Written Premium by Category (US$ Million), 2014-2019
Table 26: Portuguese Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 27: Portuguese Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 28: Portuguese Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2010-2014
Table 29: Portuguese Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2014-2019
Table 30: Portuguese Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 31: Portuguese Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 32: Portuguese Personal Accident and Health Insurance - Number of Policies per Capita, 2010-2014
Table 33: Portuguese Personal Accident and Health Insurance - Number of Policies per Capita, 2014-2019
Table 34: Portuguese Personal Accident and Health Insurance - Total Assets (EUR Billion), 2010-2014
Table 35: Portuguese Personal Accident and Health Insurance - Total Assets (EUR Billion), 2014-2019
Table 36: Portuguese Personal Accident and Health Insurance - Total Investment Income (EUR Million), 2010-2014
Table 37: Portuguese Personal Accident and Health Insurance - Total Investment Income (EUR Million), 2014-2019
Table 38: Portuguese Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2010-2014
Table 39: Portuguese Personal Accident and Health Insurance - Net Written Premium (Percentage of Gross Written Premium), 2014-2019
Table 40: Portuguese Personal Accident Insurance - Number of Policies Sold (Million), 2010-2014
Table 41: Portuguese Personal Accident Insurance - Number of Policies Sold (Million), 2014-2019
Table 42: Portuguese Personal Accident Insurance - Direct Written Premium (EUR Million), 2010-2014
Table 43: Portuguese Personal Accident Insurance - Direct Written Premium (EUR Million), 2014-2019
Table 44: Portuguese Personal Accident Insurance - Loss Ratio (%), 2010-2014
Table 45: Portuguese Personal Accident Insurance - Loss Ratio (%), 2014-2019
Table 46: Portuguese Travel Insurance - Number of Policies Sold (Thousand), 2010-2014
Table 47: Portuguese Travel Insurance - Number of Policies Sold (Thousand), 2014-2019
Table 48: Portuguese Travel Insurance - Direct Written Premium (EUR Million), 2010-2014
Table 49: Portuguese Travel Insurance - Direct Written Premium (EUR Million), 2014-2019
Table 50: Portuguese Travel Insurance - Loss Ratio (%), 2010-2014
Table 51: Portuguese Travel Insurance - Loss Ratio (%), 2014-2019
Table 52: Portuguese Health Insurance - Number of Policies Sold (Thousand), 2010-2014
Table 53: Portuguese Health Insurance - Number of Policies Sold (Thousand), 2014-2019
Table 54: Portuguese Health Insurance - Direct Written Premium (EUR Million), 2010-2014
Table 55: Portuguese Health Insurance - Direct Written Premium (EUR Million), 2014-2019
Table 56: Portuguese Health Insurance - Paid Claim (EUR Million), 2010-2014
Table 57: Portuguese Health Insurance - Paid Claim (EUR Million), 2014-2019
Table 58: Portuguese Health Insurance - Loss Ratio (%), 2010-2014
Table 59: Portuguese Health Insurance - Loss Ratio (%), 2014-2019
Table 60: Portuguese Health Insurance - Net Written Premium (EUR Million), 2010-2014
Table 61: Portuguese Health Insurance - Net Written Premium (EUR Million), 2014-2019
Table 62: Portuguese Personal Accident and Health Insurance - Direct Marketing Value of Commission (EUR Million), 2010-2014
Table 63: Portuguese Personal Accident and Health Insurance - Direct Marketing Value of Commission (EUR Million), 2014-2019
Table 64: Portuguese Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (EUR Million), 2010-2014
Table 65: Portuguese Personal Accident and Health Insurance - Direct Marketing Direct Written Premium (EUR Million), 2014-2019
Table 66: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2010-2014
Table 67: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Direct Marketing (Thousand), 2014-2019
Table 68: Portuguese Personal Accident and Health Insurance - Sales Force, 2010-2014
Table 69: Portuguese Personal Accident and Health Insurance - Sales Force, 2014-2019
Table 70: Portuguese Personal Accident and Health Insurance - Bancassurance Value of Commission (EUR Million), 2010-2014
Table 71: Portuguese Personal Accident and Health Insurance - Bancassurance Value of Commission (EUR Million), 2014-2019
Table 72: Portuguese Personal Accident and Health Insurance - Bancassurance Direct Written Premium (EUR Million), 2010-2014
Table 73: Portuguese Personal Accident and Health Insurance - Bancassurance Direct Written Premium (EUR Million), 2014-2019
Table 74: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2010-2014
Table 75: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Bancassurance (Thousand), 2014-2019
Table 76: Portuguese Personal Accident and Health Insurance - Number of Banking Entities, 2010-2014
Table 77: Portuguese Personal Accident and Health Insurance - Number of Banking Entities, 2014-2019
Table 78: Portuguese Personal Accident and Health Insurance - Number of Insurance Agents, 2010-2014
Table 79: Portuguese Personal Accident and Health Insurance - Number of Insurance Agents, 2014-2019
Table 80: Portuguese Personal Accident and Health Insurance - E-Commerce Value of Commission (EUR Thousand), 2010-2014
Table 81: Portuguese Personal Accident and Health Insurance - E-Commerce Value of Commission (EUR Thousand), 2014-2019
Table 82: Portuguese Personal Accident and Health Insurance - E-Commerce Direct Written Premium (EUR Million), 2010-2014
Table 83: Portuguese Personal Accident and Health Insurance - E-Commerce Direct Written Premium (EUR Million), 2014-2019
Table 84: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2010-2014
Table 85: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through E-Commerce (Thousand), 2014-2019
Table 86: Portuguese Personal Accident and Health Insurance - Number of Insurance Brokers, 2010-2014
Table 87: Portuguese Personal Accident and Health Insurance - Number of Insurance Brokers, 2014-2019
Table 88: Portuguese Personal Accident and Health Insurance - Other Channels' Value of Commission (EUR Million), 2010-2014
Table 89: Portuguese Personal Accident and Health Insurance - Other Channels' Value of Commission (EUR Million), 2014-2019
Table 90: Portuguese Personal Accident and Health Insurance - Other Channels' Direct Written Premium (EUR Million), 2010-2014
Table 91: Portuguese Personal Accident and Health Insurance - Other Channels' Direct Written Premium (EUR Million), 2014-2019
Table 92: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Million), 2010-2014
Table 93: Portuguese Personal Accident and Health Insurance - Number of Policies Sold Through Other Channels (Million), 2014-2019
Table 94: Portuguese Personal Accident and Health Insurance - Companies Operating in the Segment
Table 95: Fidelidade Companhia de Seguros SA, Key Facts
Table 96: GNB Vida Companhia de Seguros SA, Key Facts
Table 97: Ocidental - Companhia Portuguesa de Seguros de Vida SA, Key Facts
Table 98: Santander Totta Seguros - Companhia de Seguros de Vida, Key Facts
Table 99: Eurovida - Companhia de Seguros de Vida, SA, Key Facts
Table 100: Companhia de Seguros Allianz Portugal SA, Key Facts
Table 101: Companhia de Seguros Tranquilidade SA - Key Facts
Table 102: Axa Portugal Companhia de Seguros SA - Key Facts
Table 103: Companhia de Seguros Acoreana, SA - Key Facts
Table 104: Lusitania Vida - Companhia de Seguros SA, Key Facts
Table 105: Portugal - Insurance Regulatory Framework Key Features
Table 106: Portugal - Life Insurance Regulatory Framework
Table 107: Portugal - Property Insurance Regulatory Framework
Table 108: Portugal - Motor Insurance Regulatory Framework
Table 109: Portugal - Liability  Insurance Regulatory Framework
Table 110: Portugal - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
Table 111: Portugal - Stamp Duty on Insurance Premium
Table 112: Portugal - Corporate Tax Rates for the Financial Year 2015