2013-02-03 13:53:38 -
Fast Market Research recommends "The Insurance Industry in Cyprus, Key Trends and Opportunities to 2017" from Timetric, now available
This report provides a comprehensive analysis of the insurance industry in Cyprus:
* It provides historic values for the Cypriot insurance industry 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 segments and categories in the Cypriot insurance industry, along with industry forecasts until 2017
* It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
* It profiles the top insurance companies in Cyprus and outlines the key regulations affecting them
Full Report Details at
- www.fastmr.com/prod/532135_the_insurance_industry_in_cyprus_key_ ..
Key Highlights
* Although the Cypriot industry is
relatively small, EU membership is helping the country to attract international insurance management and reinsurance operations.
* The low penetration rate of life insurance, an aging population and rising life expectancy is expected to drive the growth of the life and personal accident and health insurance segments.
* Product development and marketing campaigns are likely to increase public awareness with regards to health insurance.
* Reforms in pensions and healthcare will support the growth of retirement-related life insurance products such as annuity and superannuation.
* Infrastructural investments, coupled with a growing property market, will support the demand for non-life products.
Scope
This report provides a comprehensive analysis of the insurance industry in Cyprus:
* It provides historic values for the Cypriot insurance industry 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 segments and categories in the Cypriot insurance industry, along with industry forecasts until 2017
* It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
* It profiles the top insurance companies in Cyprus and outlines the key regulations affecting them
Reasons to Purchase
* Make strategic business decisions using in depth historic and forecast industry data related to the Cypriot insurance industry and each segment within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Cypriot insurance industry
* Assess the competitive dynamics in the Cypriot insurance industry
* Identify the growth opportunities and market dynamics within key segments
* Gain insights into key regulations governing the Cypriot insurance industry and its impact on companies and the industry's future
Companies Mentioned in this Report: EuroLife Ltd, Laiki Cyprialife Ltd, Universal Life Insurance Public Company Limited, Pancyprian Insurance Company Ltd, General Insurance of Cyprus (GIC)
Partial Table of Contents:
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Cypriot Insurance Industry Overview
3.1 Cypriot Insurance Industry - Market Size, 2008-2017
3.2 Key Industry Trends and Drivers
3.3 Challenges
4 Legislation, Supervision and Control
4.1 Legislation Overview and Historical Evolution
4.2 Legislation Trends by Type of Insurance
4.2.1 Life insurance regulatory trends
4.2.2 Property insurance regulatory trends
4.2.3 Motor insurance regulatory trends
4.2.4 Liability insurance regulatory trends
4.2.5 Marine, aviation and transit insurance regulatory trends
4.2.6 Personal accident insurance regulatory trends
4.2.7 Health insurance regulatory trends
4.3 Compulsory Insurance
4.3.1 Social Insurance
4.3.2 Motor Insurance
4.4 Supervision and Control
4.4.1 International Association of Insurance Supervisors
4.4.2 European Insurance and Occupational Pensions Authority
4.4.3 Insurance Companies control Service
5 Non-Admitted Insurance Regulatory
5.1 Overview
5.2 Intermediaries
5.3 Market Practices
5.4 Fines and Penalties
6 Company Registration and Operations
6.1 Types of Insurance Organization
6.2 Establishing a local company
6.3 Foreign Ownership
6.4 Types of License
6.5 Capital Requirements
6.6 Solvency Margins
6.7 Reserve Requirements
6.8 Investment Regulations
6.9 Policy Terms and Conditions
7 Taxation
7.1 Insurance Premium or Policy Taxation
7.2 Corporate Tax
7.3 VAT
7.4 Captives
8 Legal System
8.1 Introduction
8.2 Access to Court
8.3 Alternative Dispute Resolution (ADR)
9 Industry Segmentation
9.1 Life Insurance Growth Prospects by Category
9.1.1 Individual life insurance category
9.1.2 Group life insurance category
9.2 Non-Life Insurance Growth Prospects by Category
9.2.1 Property insurance category
9.2.2 Motor insurance category
9.2.3 Liability insurance category
9.2.4 Marine, aviation and transit insurance category
9.3 Personal Accident and Health Insurance Growth Prospects by Category
10 Competitive Landscape
10.1 Overview
10.1.1 EuroLife Ltd. - company overview
10.1.2 Laiki Cyprialife Ltd. - company overview
10.1.3 Universal Life Insurance Public Company Limited - company overview
Full Table of Contents is available at:
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www.fastmr.com/catalog/product.aspx?productid=532135&dt=t
About Timetric
Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at
www.fastmr.com/catalog/publishers.aspx?pubid=1037
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at
www.fastmr.com or call us at 1.800.844.8156.
