Life Insurance in Greece, Key Trends and Opportunities to 2018 - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Jan 12 2015


The report provides in-depth market analysis, information and insights into the Greek life insurance segment, including:

* The Greek life insurance segment's growth prospects by life insurance category
* Key trends and drivers for the life insurance segment
* The various distribution channels in the Greek life insurance segment
* The detailed competitive landscape in the life insurance segment in Greece
* Detailed regulatory policies of the Greek insurance industry
* Analysis of various consumer segments in Greek life insurance
* Key developments in the Greek life insurance segment
* New products launched by Greek life insurers

Report Highlights

* The segment is concentrated, with the 10 leading companies accounting for 87.8% of the segment's gross written premium in 2013.
* The population belonging to the 40-64 age group was a significant driver of the life insurance segment during the review period.
* The life segment accounted for 40.0% of the overall insurance industry's gross written premium in 2013.
* Agencies emerged as the most popular distribution channel in the life segment. The channel's share in terms of new business gross written premium by distribution channel declined from 57.2% in 2009 to 56.2% in 2013.
* As part of its measures to improve its fiscal position, the government passed Tax Law No.4110 in 2013.
* The rise in the number of internet subscribers encouraged many Greek insurers to market their products online. E-commerce is expected to emerge as the second-fastest-growing distribution channel, registering a forecast-period CAGR of 1.5%.
* Life insurers are emphasizing the development of income protection plans with the aim of targeting people who are uncertain about their future income. Income protection plans act as financial protection to the insured's family during unforeseen events, such as the sudden death of the policyholder (insured) following an illness or accident.

Full Report Details at
- http://www.fastmr.com/prod/943098_life_insurance_in_greece_key_trends_and.aspx?afid=301

Report Scope

This report provides a comprehensive analysis of the life insurance segment in Greece:

* It provides historical values for the Greek 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 the Greek 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 life insurance products in Greece.
* It profiles the top life insurance companies in Greece and outlines the key regulations affecting them.

Reasons to Get this Report

About Fast Market Research

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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