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New Market Report Now Available: Personal Accident and Health Insurance in the the US, Key Trends and Opportunities to 2017

New Insurance research report from Timetric is now available from Fast Market Research

 
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Boston, MA -- (SBWIRE) -- 03/27/2014 -- The US personal accident and health insurance segment accounted for 35.4% of the US insurance industry's written premium in 2012. The segment recorded a compound annual growth rate (CAGR) of 4.4% during the review period (2008-2012), the highest growth of all the industry's segments. The growth can be attributed to rising per capita healthcare expenditure, a rapidly growing aging population, and growing domestic demand for healthcare products. It was further supported by the country's generally insufficient public healthcare programs, including Medicare and Medicaid. These factors, coupled with new healthcare reforms, are projected to enable the segment to record a CAGR of 4.3% over the forecast period (2012-2017).

Report Highlights

- The US personal accident and health insurance segment accounted for the third-largest share of the insurance industry in 2012, in terms of gross written premium
- The US personal accident and health segment registered the industry's highest review-period CAGR of 4.4% in terms of written premium
- Recovering economic and business conditions had a positive impact on travel and tourism in the US, and the purchasing power of US citizens
- US personal accident and health insurers primarily generate business through agencies, leading the channel to account for 51.4% of the segment's total written premiums in 2012
- The US insurance industry has been adversely affected by the country's uncertain economic and business conditions, low investment returns and low interest rates

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Report Scope

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

- It provides historical values for the US personal accident and health insurance segment for the report's 2008-2012 review period and projected figures for the 2012-2017 forecast period.
- It offers a detailed analysis of the key sub-segments in US personal accident and health insurance segment, along with market forecasts until 2017.
- 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 the US.
- Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in the US for the personal accident and health insurance segment.
- It provides a detailed analysis of the reinsurance segment in the US and its growth prospects.
- It profiles the top personal accident and health insurance companies in the US and outlines the key regulations affecting them.

Reasons to Get this Report

Companies Mentioned in this Report: UnitedHealth Group Inc., WellPoint Inc., Healthcare Service Corporation, Humana Inc., Highmark Inc.

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