Israel Insurance Report Q3 2016 - New Market Research Report
Recently published research from Business Monitor International, "Israel Insurance Report Q3 2016", is now available at Fast Market Research
[ClickPress, Tue Jul 19 2016] The slump in investment earnings presents a short-term challenge to the life segment. Thanks to demographics and rising healthcare costs, health and personal accident insurance should be the sub-sectors that drive growth in the non-life segment.
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Israel's insurance sector has a number of features in common with its counterpart in South Africa. The country's unusual history means that both segments are dominated by a small number of very substantial and sophisticated indigenous composite groups. Life insurance is substantially larger than non-life insurance, and plays an important role as a conduit for organised savings.
In spite of the long-term strengths of the life insurers, the latest results from the major companies (in relation to Q116) indicate that growth in premiums has been slowing. The insurers' earnings have suffered as a result of volatile financial markets, near zero interest rates and regulatory changes.
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The ageing of the population - and rising medical costs - should boost demand for health and personal accident insurance, which are important sub-sectors of the non life segment. However, the segment as a whole faces a number of headwinds. These include the sedate pace of economic growth and downwards pressure on prices in the property and motor vehicle insurance sub-sectors.
The Israel Insurance Report has been researched at source and features BMI Research's independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.
BMI's Israel Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Israeli insurance industry.
Benchmark BMI's independent insurance industry forecasts for Israel to test other views - a key input for successful budgeting and strategic business planning in Israel's insurance market.
Target business opportunities and risks in Israel through our reviews of latest industry trends, regulatory changes and major deals, investments and macroeconomic developments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering the Life and Non-Life segments, the evolving competitive landscape and business operational risks.
Industry SWOT Analysis
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