Fast Market Research

New Report Available: Non-Life Insurance in Estonia, Key Trends and Opportunities to 2017

Recently published research from Timetric, "Non-Life Insurance in Estonia, Key Trends and Opportunities to 2017", is now available at Fast Market Research

 
Repost This

Boston, MA -- (SBWIRE) -- 09/13/2013 -- The non-life insurance segment was the largest segment in the Estonian insurance industry in 2012 with a market share of 58.2%. Despite this large share, the segment increased at a CAGR of 0.3% during the review period, the lowest growth rate of all three segments. Falling property and motor sales during the review period were the major reason behind such a low growth rate. However, with the ongoing recovery in both these sectors in 2012, the non-life segment is expected to grow at a CAGR of 3.8% over the forecast period.

Key Highlights

- The direct premium in the segment declined by -2.4% in 2009 due to the adverse impact of the financial crisis. It recovered in 2010 and registered a year on year growth of 0.1%
- The leading non-life products sold include motor, compulsory motor liability, and property insurance. General third-party liability and marine, aviation and transit cover accounted for less than 6% of the segment in 2012
- The non-life segment increased from EUR263.6 million (US$387.8 million) in 2008 to EUR266.4 million (US$371.0 million) in 2012, registering a CAGR of 0.3% during the review period
- Motor insurance accounted for 64.5% of the non-life segment in 2012. Within the category, motor hull insurance accounted for 55.8% in 2012 while compulsory motor third-party liability insurance accounted for 44.2%

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the non-life insurance market in Estonia:

- It provides historical values for Estonia's non-life insurance market 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 sub-segments in Estonia's non-life insurance market, 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 Estonia
- Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Estonia for the non-life insurance business
- It provides a detailed analysis of the reinsurance market in Estonia and its growth prospects
- It profiles the top non-life insurance companies in Estonia 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 Estonian non-life insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Estonian non-life insurance market
- Assess the competitive dynamics in the non-life insurance market, along with the reinsurance segment

Companies Mentioned in this Report: If P&C Insurance AS, Seesam Insurance AS, Ergo Insurance SE, Salva Kindlustuse AS, Inges Kindlustus

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Financial Services research reports at Fast Market Research

You may also be interested in these related reports:

- Personal Accident and Health Insurance in Romania, Key Trends and Opportunities to 2017
- Non-Life Insurance in Croatia, Key Trends and Opportunities to 2017
- Life Insurance in Croatia, Key Trends and Opportunities to 2017
- Life Insurance in Estonia, Key Trends and Opportunities to 2017
- Personal Accident and Health Insurance in Estonia, Key Trends and Opportunities to 2017
- Non-Life Insurance in Romania, Key Trends and Opportunities to 2017
- Life Insurance in Romania, Key Trends and Opportunities to 2017
- Non-Life Insurance in Ireland, Key Trends and Opportunities to 2017
- Life Insurance in Ireland, Key Trends and Opportunities to 2017
- The Insurance Industry in Slovenia, Key Trends and Opportunities to 2017