2012-09-21 01:29:26 - Trend and Opportunities in the Austrian Life Insurance Industry to 2016: Market Profile - a new market research report on companiesandmarkets.com
The Austrian life insurance segment grew at a CAGR of XX% during the review period. This was primarily a consequence of the global financial crisis in 2009, which adversely impacted the nation´s economic development. A rapid decline in the demand for single premium products coupled with an unfavorable business environment, created anxiety among global investors which resulted in negative industrial growth. Despite rising concerns over economic conditions in the Eurozone, the International Monetary Fund (IMF) projected stable economic growth for Austria over the forecast period. This is expected to encourage global insurers to open branches in Austria. In addition, the improving macro and micro-economic fundamentals will increase the demand for life insurance coverage among consumers.
This report provides a comprehensive
analysis of the life insurance market in Austria:
â¢ It provides historical values for Austria´s life insurance market for the report´s 2007â2011 review period and forecast figures for the 2011â2016 forecast period
â¢ It offers a detailed analysis of the key sub-segments in Austria´s life insurance market, along with market forecasts until 2016
â¢ It analyses the various distribution channels for life insurance products in Austria
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