ResearchMoz.us include new market research report "Life Insurance in the Philippines, Key Trends and Opportunities to 2018" to its huge collection of research reports
Albany, NY -- (SBWIRE) -- 10/23/2014 -- Synopsis
The report provides in-depth market analysis, information and insights into the Philippine life insurance segment, including:
The Philippine 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 Philippine life insurance segment
The detailed competitive landscape in the life insurance segment in the Philippines
Detailed regulatory policies of the Philippine insurance industry
View Full Report At: http://www.researchmoz.us/life-insurance-in-the-philippines-key-trends-and-opportunities-to-2018-report.html
The Philippine insurance industry recorded strong annual growth rates of 27.8% in 2012 and 31.0% in 2013. Industry growth was primarily driven by the life segment, which posted 36.4% growth in 2012 and 39.6% in 2013. Sales of life insurance registered healthy growth from 2010, primarily driven by the country’s rising middle-class population, increased urbanization and the underpenetrated life insurance segment. Other factors contributing to the segment’s robust growth in 2013 included the easing of bancassurance regulations by the central bank, and rising stock market returns. These drivers created demand for life insurance products, to which companies implemented strategic reforms such as expansion of distribution networks and providing innovative products to maximize profits.
Efforts by insurers to increase their market shares are projected to supplement the growing demand for life insurance over the forecast period (2013?2018). The country’s middle-class population is expanding, and, coupled with recovery in the global markets, is projected to support the growth of the life segment.
This report provides a comprehensive analysis of the life insurance segment in the Philippines:
It provides historical values for the Philippine 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 Philippine 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 the Philippines.
It profiles the top life insurance companies in the Philippines and outlines the key regulations affecting them.
Table of contents
1 Key Facts and Events
2 Executive Summary
3.1 What is this Report About?
4 Philippine Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009–2018
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