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Lithuania Personal Accident and Health Insurance Market 2015 Key Trends, Size, Demand and Analysis to 2018

Lithuania Personal Accident and Health Insurance Industry 2015 Market Analysis and Forecast to 2018

 

Deerfield Beach, FL -- (SBWIRE) -- 12/22/2015 -- Synopsis

Timetric's 'Personal Accident and Health Insurance in the Lithuania, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Lithuanian personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment, 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 regulatory structure.

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Summary

Timetric's 'Personal Accident and Health Insurance in the Lithuania, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Lithuanian personal accident and health insurance segment, including:

- The Lithuanian 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

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

- The detailed competitive landscape in the personal accident and health insurance segment in Lithuania

- Detailed regulatory policies of the Lithuanian insurance industry

- Key developments in the Lithuanian personal accident and health insurance segment

- Product portfolioof Lithuanian personal accident and health insurers

Scope

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

- It provides historical values for the Lithuanian personal accident and health 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 Lithuanian personal accident and health 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 personal accident and health insurance products in Lithuania.

- It profiles the top personal accident and health insurance companies in Lithuania and outlines the key regulations affecting them.

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Reasons To Buy

- Make strategic business decisions using in-depth historic and forecast market data related to the Lithuanian personal accident and health insurance segment and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Lithuanian personal accident and health insurance segment.

- Assess the competitive dynamics in the personal accident and health insurance segment.

- Identify the growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Lithuanian insurance industry and their impact on companies and the industry's future.

Key Highlights

- Personal accident insurance was the largest category of the segment during the review period, representing 64.7% of its gross written premium in 2013.

- Health insurance is a key category within the personal accident and health segment, accounting for 33.8% of the segment's written premiums in 2013.

- Private health insurers in the country offer travel insurance that covers medical expenses for domestic and foreign residents.

- Travel insurance accounted for 1.4% of the personal accident and health gross written premium in 2013.

- Direct marketing was the main distribution channel during the review period.

- The segment is moderately concentrated, with the five leading insurers representing 68.8% of the segment's gross written premium in 2013.

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