Wednesday, June 19, 2013

New Report: Life Insurance Market in Romania, Key Trends and Opportunities to 2017 : MarketResearchReports


Synopsis

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



Executive summary

The Romanian life insurance segment declined at a CAGR of 1.3% during the review period. This was partly as a consequence of the global financial crisis in 2009, and rising concern over the sovereign debt in the country and other EU member states, which adversely impacted the nation’s economic development. A preference for liquid money in economically challenging times also contributed to the negative growth of the segment. However, despite rising concerns over economic conditions in the Eurozone, the International Monetary Fund (IMF) projected stable economic growth for Romania over the forecast period. Romania’s GDP at constant prices is expected to grow at annual rates of 1.6%, 2.0%, 2.3%, 2.9% and 3.3% during 2013–2017. This is expected to fuel demand for life insurance over the forecast period.

Scope

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

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

To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/169581


Reasons to buy

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



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