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New Market Research Report: Non-Life Insurance in Germany, Key Trends and Opportunities to 2017

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

 

Boston, MA -- (SBWIRE) -- 09/27/2013 -- The German non-life segment is one of the leading non-life insurance segments in the European region. Compulsory insurance aided rapid segment growth during 2001-2011. Due to the impact of the global financial crisis, the segment bordered on stagnant during 2008-2010. The non-life segment is highly fragmented with the presence of more than 200 insurers supplying a variety of products. During the review period, the non-life segment recorded the strongest annual growth. This was also the highest growth rate the non-life segment witnessed since 2003, due to the growth in motor cover in 2011. Non-life insurers are increasingly focusing on underwriting profitability as the low interest rate continues to suppress their investment income.

Key Highlights

- The non-life segment is highly fragmented with the presence of more than 200 insurers supplying a variety of products
- Non-life was the second-largest segment in the German insurance industry with a market share of 28.0% in gross written premium terms in 2012
- The motor insurance category accounted for 42%, the largest in the non-life segment, in 2012
- The low interest rates and safer way to invest money increased demand for housing and increased real estate prices by more than 20% in 2012
- The low penetration rate of the segment is expected to support growth over the forecast period as it provides a huge potential market for insurers

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the non-life insurance segment in Germany:

- It provides historical values for Germany's non-life insurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
- It offers a detailed analysis of the key categories in Germany's non-life 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 non-life insurance products in Germany
- Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Germany for the non-life insurance business
- It provides a detailed analysis of the reinsurance segment in Germany and its growth prospects
- It profiles the top non-life insurance companies in Germany and outlines the key regulations affecting them

Reasons to Get This Report

- Make strategic business decisions using historic and forecast market data related to the German non-life insurance segment and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the German non-life insurance segment

Companies Mentioned in this Report: Allianz Versicherungs-AG, AXA Versicherung, R + V Allgemeine Versicherung AG, ERGO Versicherung AG, HDI-Gerling Industrie Versicherung AG, Allianz Global Corporate & Specialty AG, Generali Versicherung AG, Landwirtschaftliche Versicherungsverein Muenster AG, Gothaer Allgemeine Versicherung AG, Wurttembergische Versicherung AG

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