Wednesday, June 19, 2013

New Release: Non-Life Insurance Industry in Romania, Key Trends and Opportunities to 2017 : MarketResearchReports


Synopsis

  • The report provides in depth market analysis, information and insights into the Romanian non-life insurance industry, including:
  • The Romanian non-life insurance market’s growth prospects by non-life insurance categories
  • Key trends and drivers for the non-life insurance segment
  • The various distribution channels in the Romanian non-life insurance segment
  • Detailed competitive landscape in the non-life insurance segment in Romania
  • A description of the non-life reinsurance segment in Romania
  • Porter\'s Five Forces Analysis of the non-life insurance segment



Executive summary

The Romanian non-life insurance segment declined at a CAGR of -2.7% during the review period. This was due to the global financial crisis in 2009 and rising concern over sovereign debt in the country and other European Union (EU) member states, which adversely impacted the nation’s economic development. Growth in the segment was also adversely affected by the rapid decline in passenger car sales. According to the European Automobile Manufacturers’ Association (ACEA), car sales in the EU declined by an average of 8.2% in 2012, while the situation was poorer in Romania, declining by 18% in the same year. Furthermore, falling property prices in Romania have had a negative impact on property insurance sales, which subsequently influenced overall growth in the segment.

To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/169582


Scope

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

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



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