Slovakia Insurance Industry Key Trends and Opportunities to 2017

Dallas, TX -- (SBWIRE) -- 02/15/2013 -- ReportsnReports.com adds “The Insurance Industry in Slovakia, Key Trends and Opportunities to 2017” new market research report to its store. The report provides in depth market analysis, information and insights into the insurance industry in Slovakia, including:

- The Slovakian insurance industry’s growth prospects by insurance segments and categories
- The competitive landscape in the Slovakian insurance industry
- The current trends and drivers of the Slovakian insurance industry
- The challenges facing the Slovakian insurance industry
- The regulatory framework of the Slovakian insurance industry

Summary
The demand for investment-related life insurance products grew in Slovakia during the review period. The economic growth of Slovakia drove consumer attention towards such products, which reduced the popularity of traditional life insurance products such as whole life and term insurance. In such types of insurance, the cash value of the policy varies based on current net asset values of the underlying investment, which supported consumers when the stock market performed well. Unit-linked insurance accounted for 30% of the total Slovakian life insurance segment in 2011. The EU ban on gender-based insurance risk assessment in 2011 is expected to be a challenge for insurers in Slovakia and will increase insurance prices.

Scope
This report provides a comprehensive analysis of the insurance industry in Slovakia:
- It provides historical values for the Slovakian insurance industry 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 segments and categories in the Slovakian insurance industry, along with industry forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Slovakia and outlines the key regulations affecting them

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

Key Highlights
- The demand for investment-related life insurance products grew in Slovakia during the review period.
- The economic growth of Slovakia drove consumer attention towards such products, which reduced the popularity of traditional life insurance products such as whole life and term insurance.
- In such types of insurance, the cash value of the policy varies based on current net asset values of the underlying investment, which supported consumers when the stock market performed well.
- Unit-linked insurance accounted for 30% of the total Slovakian life insurance segment in 2011.
- The EU ban on gender-based insurance risk assessment in 2011 is expected to be a challenge for insurers in Slovakia and will increase insurance prices.

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