MarketResearchReports.Biz announces addition of new report “Personal Accident and Health Insurance in Australia, Key Trends and Opportunities to 2017” to its database

Albany, NY -- (SBWire) -- 07/23/2013 --The report provides in depth market analysis, information and insights into the Australian personal accident and health insurance market, including:

- The Australian personal accident and health insurance market’s growth prospects by personal accident and health insurance categories
- The various distribution channels in the Australian personal accident and health insurance market
- The competitive landscape in the personal accident and health insurance market
- A description of the personal accident and health reinsurance market in Australia

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Executive summary

The Australian personal accident and health insurance segment recorded the fastest growth at a CAGR of 7.5% in the overall insurance industry during the review period. The growth was partly due to increased medical expenditure, which fuelled the health insurance category, and the strong performance of the travel insurance category, which grew at a CAGR of 9.6% during the review period. This was further supported by the country’s improved macro- and microeconomic fundamentals. These indicators are likely to remain buoyant and drive the overall segment growth over the forecast period. As such, the personal accident and health segment is expected to increase at a CAGR of 6.5% over the forecast period.

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Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in Australia:

- It provides historical values for Australia’s personal accident and health 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 Australia’s personal accident and health 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 personal accident and health insurance products in Australia
- Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Australia for the personal accident and health insurance business
- It provides a detailed analysis of the reinsurance market in Australia and its growth prospects
- It profiles the top personal accident and health insurance companies in Australia and outlines the key regulations affecting them

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