2012-09-28 16:31:34 -
Recently published research from Timetric, "Personal Accident and Health Insurance in Egypt, Key Trends and Opportunities to 2016", is now available at Fast Market Research
In terms of gross written premium, the personal accident and health insurance segment accounted for the lowest market share of all the insurance industry segments. During the review period (2007-2011), rising healthcare expenditure, inadequate public healthcare facilities and a high rate of road accidents positively influenced the segment. Industrial growth, rising GDP and healthcare expenditure as out-of-pocket expenses, alongside the growth of the middle class population are expected to act as growth drivers for the segment over the forecast period.
Key Highlights
* Low insurance policies per capita in health insurance and personal accident insurance opened up opportunities for insurance companies, and signals positive growth potential for the segment over the forecast period.
* The low number of policies per capita
indicates a large uninsured population, which is expected to drive the Egyptian personal accident and health insurance segment over the forecast period.
* Egypt's public healthcare system is inadequate as the quality of care in public hospitals is far lower than that of private hospitals.
* Egyptian consumer awareness towards motor insurance increased during the review period as the number of road accidents grew. In 2010, the number of road accidents in Egypt reached 125,000, measuring an annual fatality rate of 188 people per 100,000 motor vehicles, the highest in the Middle East.
Full Report Details at
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www.fastmr.com/prod/466754_personal_accident_and_health_insuranc ..
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Egypt:
* It provides historical values for the Egyptian personal accident and health insurance market for the review period (2007-2011) and forecast period (2012-2016)
* It offers a detailed analysis of the key sub-segments in the Egyptian personal accident and health insurance market, along with market forecasts until 2016
* 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
* It analyses the various distribution channels for personal accident and health insurance products in Egypt
* Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Egypt for the personal accident and health insurance business
* It provides a detailed analysis of the reinsurance market in Egypt and its growth prospects
* It profiles the top personal accident and health insurance companies in Egypt and outlines the key regulations affecting them
Reasons to Purchase
* Make strategic business decisions using in depth historic and forecast market data related to the Egyptian personal accident and health insurance market and each sector within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Egyptian personal accident and health insurance market
* Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
* Identify the growth opportunities and market dynamics within key product categories
* Gain insights into key regulations governing the Egyptian insurance market and its impact on companies and the market's future
Companies Mentioned in this Report: Misr Insurance Company, Suez Canal Insurance Company, Chartis Egypt Insurance Company S.A.E., Arab Misr Insurance Group SAE, Allianz Egypt Insurance Company S.A.E., Mohandes Insurance Company, Delta Insurance Company
Partial Table of Contents:
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Egyptian Insurance Industry Attractiveness
3.1 Insurance Industry Market Size, 2007-2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
4 Personal Accident and Health Insurance Segment Outlook
4.1 Personal Accident and Health Insurance Growth Prospects by Category
4.1.1 Personal accident category
4.1.2 Travel insurance category
4.1.3 Health insurance category
5 Analysis by Distribution Channels
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 E-Commerce Channel
5.5 Brokers Channel
5.6 Other Channel
6 Regulatory Policies
7 Porter's Five Forces Analysis - Egyptian Personal Accident and Health Insurance Segment
7.1 Bargaining Power of Supplier: High
7.2 Bargaining Power of Buyer: Medium
7.3 Barriers to Entry: Low-to-Medium
7.4 Intensity of Rivalry: Medium
7.5 Threat of Substitutes: Low
8 Reinsurance Growth Dynamics and Challenges
11.1.1 Reinsurance market size, 2007-2016
8.1 Reinsurance Market Size by Type of Insurance, 2007-2016
9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the Egyptian Personal Accident and Health Insurance Segment
9.3 Comparison of Top-Five Insurers
9.3.1 Gross written premium
9.3.2 Net written premium
9.3.3 Net earned premiums
9.3.4 Gross claims
9.3.5 Paid claims
9.3.6 Outward reinsurance expense
9.4 Misr Insurance Company - Company Overview
9.4.1 Misr Insurance Company - key facts
9.4.2 Misr Insurance Company - key financials
9.5 Suez Canal Insurance Company - Company Overview
9.5.1 Suez Canal Insurance Company - key facts
9.5.2 Suez Canal Insurance Company - key financials
9.6 Chartis Egypt Insurance Company S.A.E. - Company Overview
9.6.1 Chartis Egypt Insurance Company S.A.E. - key facts
9.6.2 Chartis Egypt Insurance Company S.A.E. - key financials
9.7 Arab Misr Insurance Group SAE - Company Overview
9.7.1 Arab Misr Insurance Group SAE - key facts
9.7.2 Arab Misr Insurance Group SAE - key financials
9.8 Allianz Egypt Insurance Company S.A.E., Cairo - Company Overview
9.8.1 Allianz Egypt Insurance Company S.A.E., Cairo - key facts
Full Table of Contents is available at:
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www.fastmr.com/catalog/product.aspx?productid=466754&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
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