Today: June 25, 2016, 9:29 pm
  
Business

"Personal Accident and Health Insurance in Canada, Key Trends and Opportunities to 2017" Published

Fast Market Research recommends "Personal Accident and Health Insurance in Canada, Key Trends and Opportunities to 2017" from Timetric, now available

 

PR-Inside.com: 2014-03-11 15:45:26
The Canadian personal accident and health insurance segment grew from CAD16.1 billion (US$15.1 billion) in 2008 to CAD20.5 billion (US$20.6 billion) in 2012, at a review-period CAGR of 6.3%. The growth resulted from an increased number of outbound travelers from Canada, rising demand for private health insurance products as a result of inadequate publicly funded healthcare and a rising elderly population which consumes more health insurance products. These factors, coupled with the improving business and environmental conditions in the US, the largest trading partner and importer of Canada's goods, is expected to support the growth of the Canadian personal accident and health insurance segment over the forecast period (2013-2017). As such, the Canadian personal accident and health segment is expected to grow at a CAGR of 5.8% over the forecast period.

Full Report Details at
- www.fastmr.com/prod/775760_personal_accident_and_health_insuranc ..

Key Highlights

* The Canadian personal accident and health segment rose from CAD16.1 billion (US$15.1 billion) in 2008 to CAD20.5 billion (US$20.6 billion) in 2012, at a CAGR of 6.3% during the review period.
* The growth was a product of the increased number of outbound travelers from Canada, rising demand for private health insurance products from an inadequate public system, and the rising elderly population.
* The health category is controlled by the public sector, while private health insurers complement the public healthcare system by providing non-urgent and elective treatments.
* The main distribution channels for personal accident and health insurers in Canada are agencies, brokers and direct marketing
* The personal accident and health segment is competitive with the presence of both domestic and overseas businesses.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Canada:

* It provides historical values for the Canadian personal accident and health insurance segment 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 categories in the Canadian personal accident and health insurance segment, along with market forecasts until 2017.
* 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 Canada.
* Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Canada for the personal accident and health insurance segment.
* It provides a detailed analysis of the reinsurance segment in Canada and its growth prospects.
* It profiles the top personal accident and health insurance companies in Canada and outlines the key regulations affecting them.

Reasons to Get this Report

* Make strategic business decisions using in-depth historic and forecast market data related to the Canadian personal accident and health insurance segment and each category within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Canadian personal accident and health insurance segment
* Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
* Identify the growth opportunities and market dynamics within key product categories
* Gain insights into key regulations governing the Canadian insurance segment and its impact on companies and the market's future

Companies Mentioned in this Report: Manulife Financial Corporation, Sun Life Assurance Company of Canada, The Great-West Life Assurance Company, The Canada Life Assurance Company, London Life Insurance Company, Munich Reinsurance Company

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 a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

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.

Press Information


Published by
Bill Thompson
18008448156
e-mail
www.fastmr.com



# 707 Words
Related Articles
 
More From Business
“There’s only one Magno™ Coated, one Magno™ [..]
The Premier Paper Group, the UK’s largest independent paper merchant, has recently launched a customer incentive promotion on [..]
Tulips from Amsterdam for the SKIDATA staff [..]
The Salzburg company SKIDATA racked up a double success in Amsterdam: the first reason to celebrate is the awarding of [..]
FlipBelt Launches Hydration Belt for Runners and [..]
DENVER, CO - RPR - 06/22/16 - FlipBelt announces new version of its wildly popular fitness belt to ensure customers [..]
Where to Book Your Driving Theory Book [..]
Book My Theory Test Online - Book My Theory Test in Jersey Are you located in Jersey and want to [..]
Ferns N Petals moves a step ahead [..]
The company started with a single store and has now come up with more than 200 stores. The online portal [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.