Croatia Insurance Market Intelligence "The insurance market of Croatia has been growing strongly since the last few years. The industry is mainly thriving as a result of the notable performance of the life insurance segment as well as the contribution of third party motor insurance. The insurance portfolio of Croatia is different from that of the EU states. The reason behind this is that the insurance sector is dominated by non-life insurance...more
Bulgaria Insurance Market Intelligence "The insurance industry of Bulgaria is very small and fragmented in structure as compared with the larger European Union economies. In the coming three to four years, the Bulgarian insurance market is expected to witness a continual growth, on account of increasing wealth. Factors including strong economy, higher income and non-food expenditure, particularly automobiles and real-estate, are the major growth...more
Lebanon Insurance Market Intelligence "Lebanon's insurance sector is more significant economically, more advanced, and more innovative than those of its Arab neighbors. Also, the insurance sector is open and liberal supported by the free market economy. Private players hold the lead with highest shares as there is less government intervention. The life insurance segment is relatively smaller in size as compared with the non-life insurance segment, mainly because of the lack of government intervention and laws. Besides registering the highest insurance penetration rate in the MENA region, the Lebanese insurance industry also recorded a healthy premium growth. Lebanon is one of the only seven countries in the world which scored profits in 2008 due to its free economy structure and control of private companies. The continuous growth in its national economy helped the insurance sector to grow with a rising growth rate.The demand for motor insurance and medical insurance are the major growth drivers for the non-life insurance segment. The large deficit of the governmental system in terms of management and coverage favors the development of several types of insurances activities. Health,...more
Egypt Insurance Market Intelligence "Egypt is one of the few countries globally which have the lowest per capita expenditure on insurance. However, its insurance market has witnessed growth in premiums, mainly on account of improved productivity of the sector as well as strong economic growth and the initiation of several major infrastructure...more
Austria Insurance Market Intelligence "The Austrian insurance market is one of the most developed markets in Continental Europe, because of the high risk awareness (natural perils) and the resultant demand for coverage among the population. Moreover, the growing preference for life insurance policies as a form of pension provision, which ensures...more
Switzerland Insurance Market Intelligence "Switzerland has a long-established and well-developed insurance industry and is one of the leading insurance centers in the world. It ranks among the top five countries in the world, in terms of per capita expenditure on insurance. The industry has been in existence in the country for the last 150 years, which has led to increased penetration, thereby, accounting for the high number of insured population in the world. The insurance industry has witnessed an increase in premium, due to the countrys economic growth, mandatory insurance provision of the government as well as demand for products that offer retirement savings, income as well as risk protection. Increasing number of players, attractive premium rates, new innovative products, as well as awareness of risk-protection, savings and high incidence of disasters, have been the key drivers of the Swiss insurance market. The rising demand for life as well as accident, motor, property insurance, etc., have together boosted the insurance demand in the country.The Swiss insurance market has reached its saturation level, thus products which can mainly cater to the needs of the increasing...more
However, in the beginning the premiums are high. There are very limited amount of organizations which provide these services. Therefore, a person must go to an insurance advisor and ask for the best insurance providing company and also about the type...more
When a motorist has their license suspended or revoked due to high risk actions, such as driving under the influence, reckless driving, failure to carry proper insurance, or automotive accidents, it almost certainly hinders their ability to purchase...more
Funeral insurance is a type of personal cover which provides your loved ones with a lump sum payment after you pass away. These funds are typically used to pay for funeral and burial costs; however there is no rule that dictates how the lump sum of...more
Insurance - A Working Example - Part I By: Willis J. Watson About the Author Willis J. Watson is a freelance writer since 2006, living in United States and he writes about he enjoys the most...insurance policies. If you want to...more
Insurance - A Working Example - Part II By: Willis J. Watson About the Author Willis J. Watson is a freelance writer since 2006, living in United States and he writes about he enjoys the most...insurance policies. If you want...more
Insurance - A Working Example - Part III By: Willis J. Watson About the Author Willis J. Watson is a freelance writer since 2006, living in United States and he writes about he enjoys the most...insurance policies. If you want...more