Life Insurance in Romania, Key Trends and Opportunities to 2019

Description-

Synopsis
Timetrics 'Life Insurance in Romania, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Romanian life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (20102014) and forecast period (20142019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Romanian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.


Summary
Timetrics 'Life Insurance in Romania, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Romanian life insurance segment, including:

The Romanian life insurance segments growth prospects by life insurance category

Key trends, drivers and challenges for the life insurance segment

A comprehensive overview of the Romanian economy and demographics

The various distribution channels in the Romanian life insurance segment

Details of the competitive landscape in the life insurance segment in Romania

Details of regulatory policy applicable to the Romanian insurance industry

To Download Sample Report With TOC @ http://www.researchmoz.us/enquiry.php?type=S&repid=690229

Scope
  • This report provides a comprehensive analysis of the life insurance segment in Romania:
  • It provides historical values for the Romanian life insurance segment for the reports 20102014 review period, and projected figures for the 20142019 forecast period.
  • It offers a detailed analysis of the key categories in the Romanian life insurance segment, and market forecasts to 2019.
  • It analyzes the various distribution channels for life insurance products in Romania.
  • It profiles the top life insurance companies in Romania and outlines the key regulations affecting them.

Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Romanian life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Romanian life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Romanian insurance industry, and their impact on companies and the industry's future.

Key Highlights
  • Life insurance was the second-largest segment in the Romanian insurance industry, accounting for 19.3% of the overall gross written premium in 2014.
  • Romanian life insurance penetration stood at 0.23% of the GDP in 2014.
  • Romanian life insurers are in the process of diversifying distribution channels.
  • In April 2013, according to IMF guidelines, the Romanian government merged the supervisory authorities for insurance, capital markets and private pension markets to create a single regulator, the ASF.
  • Poor economic growth, a high budget deficit, and falls in consumer demand and interest rates were the primary reasons for the decline in the gross written premium during the review period.
  • The life segment also registered a few acquisition and mergers during the review period.


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