DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bbjwh9/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Taiwan, Key Trends and Opportunities to 2017" report to their offering.
The Taiwanese personal accident and health insurance segment grew at a CAGR of 6.8% during the review period (2008-2012). This was due to strong growth registered in the health insurance category, which grew at a compound annual growth rate (CAGR) of 8.5%. The growth was further supported by improved economic development and rising healthcare expenses.
These factors are expected to support the segment's growth over the forecast period (2012-2017) also. The written premium of the personal accident and health insurance segment is expected to increase from TWN331.8 billion (US$11.2 billion) in 2012 to TWN448.6 billion (US$15.4 billion) in 2017, recording a forecast-period CAGR of 6.2%.
The report provides in-depth market analysis, information and insights into the Taiwanese personal accident and health insurance segment
Key Highlights
- The Taiwanese personal accident and health insurance segment grew at a review-period CAGR of 6.8%
- Favorable demographic factors such as increased life expectancy and population growth among the elderly are likely to accelerate demand for health insurance
- During the review period, personal accident and health insurance providers benefited from low combined ratios, resulting in underwriting profits
- Agencies were the largest channel, with an 87.6% share of the total commission for distributing personal accident and health products in 2012
- The five leading companies accounted for 70.4% of the segment's gross written premium in 2012
Key Topics Covered:
1 Executive Summary
2 Introduction
3 Regional Market Dynamics
4 Personal Accident and Health Insurance Segment-Regional Benchmarking
5 Taiwanese Insurance Industry Attractiveness
6 Personal Accident and Health Insurance Segment Outlook
7 Analysis by Distribution Channels
8 Porter's Five Forces Analysis - Personal Accident and Health Insurance
9 Reinsurance Growth Dynamics and Challenges
10 Governance, Risk and Compliance
11 Competitive Landscape and Strategic Insights
12 Business Environment and Country Risk
13 Appendix
List of Tables
List of Figures
Companies Mentioned
Cathay Life Insurance Co., Ltd
Nan Shan Life Insurance Company Ltd
Fubon Life Insurance Co., Ltd
Shin Kong Life Insurance Co., Ltd
MassMutual Mercuries Life Insurance Co., Ltd
China Life Insurance Co., Ltd
Kuo Hua Life Insurance Co., Ltd
Far Glory Life Insurance Co., Ltd
Taiwan Life Insurance Co. Ltd
Cigna Taiwan Life Insurance Company Ltd
For more information visit http://www.researchandmarkets.com/research/bbjwh9/personal_accident
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