2012-09-12 04:39:19 - Personal Accident and Health Insurance in India, Key Trends and Opportunities to 2016: Rural Penetration Key to Market Expansion - a new market research report on companiesandmarkets.com
Despite the global economic crisis, the Indian personal accident and health insurance market continued to record healthy growth during the review period. Driven by increasing accident and health insurance awareness, rising healthcare costs and government initiatives, the total personal accident and healthcare insurance written premium in India is projected to continue growing at a healthy rate during the forecast period.
The largest category in the personal accident and health insurance market is health insurance, which generated 88.4% of the market´s total written premiums in 2011. The Indian personal accident and health insurance market has a significant number of public-sector insurers, and private accident and health insurers account for less than 50% of the total accident and health insurance written premium. During
the forecast period, public-sector insurers are expected to regain a large share of the market, while private accident and health insurers are expected to gradually increase their market share in India.
The Insurance Development and Regulatory Authority (IRDA) has proposed a decrease in the capital requirements for standalone health insurance companies from US$20.83 million to US$10.42 million. This change is anticipated to increase the number of standalone health insurance companies in India during the forecast period.
This report provides a comprehensive analysis of the personal accident and health insurance market in India:
â¢ It provides historical values for India´s personal accident and health insurance market for the report´s 2007â2011 review period and forecast figures for the 2012â2016 forecast period
â¢ It offers a detailed analysis of the key sub-segments in India´s personal accident and health insurance market, along with market forecasts until 2016
â¢ 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
â¢ It analyses the various distribution channels for personal accident and health insurance products in India
â¢ Using Porter´s industry-standard "Five Forces" analysis, it details the competitive landscape in India for the personal accident and health insurance business
â¢ It provides a detailed analysis of the reinsurance market in India and its growth prospects
â¢ It profiles the top personal accident and health insurance companies in India, and outlines the key regulations affecting them
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.