2014-04-03 00:36:04 - Non-Life Insurance in Austria, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com
Non-life insurance accounted for 43.7% of the Austrian insurance industry´s written premium value in 2012, making it the largest segment in the industry when compared to the life and personal accident and health insurance segments, which accounted for 39.8% and 16.4% of overall written premiums in 2012.
The segment grew in written premium value from EUR6.5 billion (US$9.6 billion) in 2008 to EUR7.1 billion (US$9.2 billion) in 2012, at a CAGR of 2.2% during the review period (2008â2012).
The growth of the non-life insurance segment was mainly attributed to the country´s favorable regulatory environment for non-life insurers, including the implementation of mandatory liability insurance for doctors, dentists, hospitals and convalescent homes, and rising property prices
The property insurance category accounted for the largest
market share of 46.6% of the non-life segment´s written premium value in 2012. The Austrian non-life insurance segment is highly competitive. The top 10 non-life insurance companies together accounted for 77.7% of the total segment´s written premiums in 2012.
Click for report details: www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Market Research Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Company Profile Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Company-P ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.