Tuesday, 28 January 2014

Financial Services Research Report On Non-Life Insurance Market Survey In Canada 2017

Non-Life Insurance In Canada, Key Trends And Opportunities To 2017

Description

The report provides in depth market analysis, information and insights into the Canadian non-life insurance segment, including:

The Canadian non-life insurance segment’s growth prospects by non-life insurance categories
Key trends and drivers for the non-life insurance segment
The various distribution channels in the Canadian non-life insurance segment
The detailed competitive landscape in the non-life insurance segment in Canada
Regulatory policies of the Canadian insurance industry
A description of the non-life reinsurance segment in Canada
Porter's Five Forces analysis of the non-life insurance segment
A benchmarking section on the Canadian life insurance segment in comparison with other countries with US$60–US$150 billion in gross written premium

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Executive summary

The Canadian non-life insurance segment achieved positive growth at a CAGR of 4.9% during the review period, despite a prolonged period of low interest rates, rising household debt, the European debt crisis and weak economic development in the country. The growth in the segment was a result of increased demand for property insurance policies with the robust performance of the Canadian property market, and an increase in the frequency of natural disasters in the country during the review period, which led to substantial losses in the property and casualty lines of business. However, these events increased awareness of the importance of property and earthquake-related insurance, leading to growth in the property insurance category. Reasonable growth in compulsory motor insurance, as a result of healthy car sales, contributed to the overall growth of the non-life segment during the review period.

Scope

This report provides a comprehensive analysis of the non-life insurance segment in Canada:

It provides historical values for Canada’s non-life 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 Canada’s non-life 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 non-life insurance products in Canada.
Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Canada for the non-life insurance segment.
It provides a detailed analysis of the reinsurance segment in Canada and its growth prospects.
It profiles the top non-life insurance companies in Canada and outlines the key regulations affecting them.

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Reasons to buy

Make strategic business decisions using in-depth historic and forecast market data related to the Canadian non-life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Canadian non-life insurance segment
Assess the competitive dynamics in the non-life 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 industry and its impact on companies and the market's future

To Read the Complete Report With TOC Visit: http://www.marketresearchreports.biz/analysis/185779

Key highlights

The Canadian non-life insurance segment achieved positive growth at a CAGR of 4.9% during the review period, despite a prolonged period of low interest rates, rising household debt, the European debt crisis and weak economic development in the country.
During the review period, adverse weather conditions including tornadoes and hailstorms continued to affect the earnings of non-life insurers in Canada.
Global events are also having an impact on the Canadian insurance industry, resulting in some foreign insurers selling off or curtailing their Canadian operations to shore up consolidated capital or focus strategies in their core markets.
Given the maturity of the Canadian market, non-life insurance providers are developing new products to cater to the increasing needs of consumers as economic and environmental regulatory conditions change.
The main distribution channels for non-life products in Canada are insurance brokers, agencies and direct marketing
The Canadian non-life insurance segment is highly competitive and fragmented, with the 10-leading operators accounting for around 53.4% of the total written premium in 2012


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