Poland Insurance Market Intelligence "The insurance industry of Poland has been recording astounding growth on account of the growing economy and developing industrial, construction and services sector. The growth registered in the premiums during the past few years is attributed to the increasing ownership of automobiles and investment in real estate, as well as the pro-growth rules and regulations of the government. Government reforms,...more
Kazakhstan Insurance Market Intelligence "The insurance industry of Kazakhstan has witnessed a strong growth during 20012008, in local currency terms. The increase in premium growth over these years was mainly on account of the reforms initiated by the government as well as the astounding performance of the economy. The growing economy, supported by the increasing international demand for crude oil, led to an increase in the per-capita income of...more
Hungary Insurance Market Intelligence "The strong growth of the Hungarian insurance market is evident by the fact that it more than doubled from 2000 to 2008 in the local currency. The most important development in the Hungarian insurance sector is the entry of large multinational companies during the first half of the nineties. As a result of this, most of Hungary's top insurance companies were able to apply international standards and products to the local market. The entry of large foreign insurers in the country helped remedy a serious lack of available insurance in Hungary, especially life insurance. The strong growth in the economy of Hungary has been one of the strongest growth drivers, apart from factors like rising income levels and increasing household expenditure.The insurance market of Hungary is basically divided into life insurance and non-life insurance segments. Accident, health and travel insurance are treated separate from life and non-life and considered as personal insurance. Life insurance segment includes term life, endowment, mixed-life, term-fix life, annuity and unit-linked products. Hungary, like many countries, has seen strong development of...more
Incapacity Income insurance is one thing that almost all young professionals never suppose about. It's difficult for many young folks to perceive the requirement for Incapacity insurance as a result of the thought of becoming disabled almost seems unrealistic. It will happen however, and in step with Social Security Quick Facts, 3 in 10 young...more
Czech Republic Insurance Market Intelligence "The Czech insurance industry has been growing at a notable pace since the early nineties, mainly because of government reforms, increasing income, and household expenditure in non-food categories, demand for investment-linked products and improved sales channel (bancassurance). Despite the slowdown of...more
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 segment in Croatia and the lack of confidence in the majority of its population in the life insurance segment. This trend has taken shape as a result of hyperinflation from the beginning of 1990s, as well as to a large share of compulsory insurance in total non-life insurance portfolio. Rising health concerns among aging population, increasing interest of young population in the new premium products, intensive development of the bank-assurance and unit linked products are some of the important factors to drive the growth of the Croatian insurance market.The insurance market of Croatia is dominated by the non-life segment, while the life segment represents only a small percentage of the insurance market, despite a faster growth rate as compared...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...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...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...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,...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...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