Life Insurance in Spain, Key Trends and Opportunities to 2017

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Naperville, IL -- (SBWire) -- 01/22/2014 --Reportstack, provider of premium market research reports announces the addition of Life Insurance in Spain, Key Trends and Opportunities to 2017 market report to its offering
During the review period (20082012), the Spanish life insurance segment, as compared to other developed European countries, was moderately affected by the global financial crisis and declined by a CAGR of -0.7%. In comparison, the UKs life insurance segment declined by a CAGR of -3.9% and that of France declined by -2.4% during the same period. High demand for guaranteed return products and the increasing need for pension products supported the segment during the review period. The fast aging population and reduced public spending by government are expected to drive growth in the Spanish life insurance segment over the forecast period (20122017). Overall, the segment is expected to grow at a forecast-period CAGR of 3.1%.

Scope
This report provides a comprehensive analysis of the life insurance segment in Spain:
It provides historical values for the Spanish life insurance segment for the reports 20082012 review period and forecast figures for the 20122017 forecast period.
It offers a detailed analysis of the key categories in the Spanish 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 life insurance products in Spain.
Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Spain for the life insurance business.
It provides a detailed analysis of the reinsurance segment in Spain and its growth prospects.
It profiles the top life insurance companies in Spain and outlines the key regulations affecting them.

Reasons to Buy
Make strategic business decisions using in depth historic and forecast market data related to the Spanish life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Spanish life insurance segment
Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Spanish insurance industry and its impact on companies and the market's future

Key Highlights
Compared to other European countries, the Spanish life insurance segment was only moderately affected by the global financial crisis, declining at a review-period CAGR of -0.7%, compared to the UK with a decline in CAGR of -3.9% and Frances decline of -2.4%.
The demand for guaranteed-return products following the 2008 crisis supported the life insurance segment during the review period.
However, after the sovereign debt crisis in Spain, the repayment of these products is posing a challenge for life insurers.
Spain underwent major pension reforms, such as an increase in the number of contribution years to calculate pension benefits and a fixed rise in the annual pensions to regulate the pension category.
Solvency II, the proposed new European regulatory framework for insurers, aims to change capital requirements in the insurance industry and introduce new risk management standards for insurers. The directive is expected to be implemented in January 2016.

Companies Mentioned

Vidacaixa
Santander Seguros
BBVA Seguros
Mapfre Vida
Ibercaja Vida
Grupo Caser
Generali Seguros
Allianz
Bansabadell Vida
Unicorp Vida

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/149649/life-insurance-in-spain-key-trends-and-opportunities-to-2017.html
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Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
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