Bharat Book Bureau

Life Insurance in Denmark

Datamonitor’s industry profiles are an essential resource for top-level data and analysis. This profile includes data on market size and segmentation, plus textual analysis of the key trends and competitive landscape, demographic information, and descriptions of the leading companies.
Scope of this research

Contains an executive summary and data on value, volume and segmentation
Provides textual analysis of the industry’s prospects, competitive landscape and leading companies
Includes a five-year forecast of the industry

Research and analysis highlights

Detailed information is included on market size, measured by both value and volume. Market shares are covered by manufacturer and by brand, including private label.
Key reasons to purchase this research

Spot future trends and developments
Inform your business decisions
Add weight to presentations and marketing materials
Save time carrying out entry-level research

For more information kindly visit
http://www.bharatbook.com/Market-Research-Reports/Life-Insurance-in-Denmark.html

Datamonitor’s industry profiles are an essential resource for top-level data and analysis. This profile includes data on market size and segmentation, plus textual analysis of the key trends and competitive landscape, demographic information, and descriptions of the leading companies.

Scope of this research
Contains an executive summary and data on value, volume and segmentation
Provides textual analysis of the industry’s prospects, competitive landscape and leading companies
Includes a five-year forecast of the industry
Research and analysis highlights
Detailed information is included on market size, measured by both value and volume. Market shares are covered by manufacturer and by brand, including private label.

Key reasons to purchase this research
Spot future trends and developments
Inform your business decisions
Add weight to presentations and marketing materials
Save time carrying out entry-level research

To know more and to buy a copy of your report feel free to visit:  http://www.bharatbook.com/Market-Research-Reports/Life-Insurance-in-India.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Life & Pensions Magazine

Life & Pensions is a fresh new monthly subscription magazine from Incisive Media, publishers of Risk and Post Magazine. It is the only magazine focusing on the risk and capital finance and valuation for the life and pensions industry. Published every month, Life & Pensions focuses on the sophisticated risk management the industry needs to embrace in response to the commercial pressure associated with the changing life insurance and pension industry.

Delivering risk and capital management intelligence to the life and pensions industry

The global life and pensions industry has been tested by a combination of low inflation, falling equity returns and increasing longevity. As a result governments are forcing changes to the solvency and accountancy rules onto the agenda of providers making it necessary for them to focus on risk and capital.

The new risk capital-driven landscape requires techniques that combine current actuarial, insurance investment and banking expertise. Industry professionals need to model uncertainty in demographics, individual, management and regulatory behaviour and financial markets over long timescales. The challenges will drive the creation of new products such as longevity bonds, LDI schemes and life securitisations.

Every month Life & Pensions combines:

· The latest industry news with a risk management focus to provide relevant perspective
· Insightful and informative features giving you in-depth analysis of the important issues
· Regional profiles from across Europe to keep you in-touch with international developments
· Peer-reviewed technical articles giving you access to the latest risk management thinking with a life and pensions industry focus

Life & Pensions is the forum for the industry to discuss and learn about the new business environment and devise solutions. Click here to get a free trial copy.

Life and pensions industry - a multi-trillion dollar industry and growing

Life & Pensions addresses these issues and informs the debate, providing the forum for the life and pensions community to come together to devise solutions.

With global personal financial assets expected to grow to $140 trillion by 2014*, industry commentators expect life insurance to be the fastest growing component. In developed countries it is expected that growth will come from providing long-term asset growth with protection by incorporating the risk intermediation process associated with asset protection.

In the changing world, life and pensions providers need to understand the global picture, while actuaries are being prompted by business conditions and regulatory pressure to join the mainstream of risk management thinking.

Who should read Life & Pensions?

Companies
• Multinational life insurance groups
• Regional life product retailers and wholesalers
• Specialist life companies
• Reinsurance companies and brokers
• Investment banks
• Asset management companies
• Pension fund trustees/sponsors
• Consultants & research organisations
• Industry associations & regulators
• Government departments

To know more and to buy a copy of your report feel free to visit:  http://www.bharatbook.com/productdetail.asp?id=8278

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Datamonitor’s industry profiles are an essential resource for top-level data and analysis. This profile includes data on market size and segmentation, plus textual analysis of the key trends and competitive landscape, demographic information, and descriptions of the leading companies.

Scope of this research
Contains an executive summary and data on value, volume and segmentation
Provides textual analysis of the industry’s prospects, competitive landscape and leading companies
Includes a five-year forecast of the industry
Research and analysis highlights
Detailed information is included on market size, measured by both value and volume. Market shares are covered by manufacturer and by brand, including private label.

Key reasons to purchase this research
Spot future trends and developments
Inform your business decisions
Add weight to presentations and marketing materials
Save time carrying out entry-level research

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/Market-Research-Reports/Non-Life-Insurance-in-Asia-Pacific.html

Or

Contact us at:
Bharat Book Bureau
Tel:  +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Independent 5-year insurance industry forecast for Bahrain.
Original insurance market research and insurance sector trend analysis for Bahrain’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Bahrain.

The Bahrain Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Bahrain through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Bahrain; and analysis of the latest insurance industry developments, trends and regulatory changes in Bahrain.

Bahrain Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Bahraini insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Bahrain
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Bahrain’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Bahrain.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Bahrain through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.

Non-life premiums rose from BHD78mn (US$206mn) in 2005 to BHD92mn (US$241mn) in 2006. Non-life premiums therefore increased by 17% in both dinar and US dollar terms. We expect that nonlife premiums will grow by 24% annually, in both dinar and US dollar terms, in 2006-2011. Life premiums rose from BHD17mn (US$44mn) in 2005 to BHD24mn (US$64mn) in 2006. Life premiums therefore increased by 46% in both dinar and US dollar terms. We expect that life premiums will grow by 16% annually, in both dinar and US dollar terms, in 2006-2011.

In 2006 the two most important lines within the non-life segment were motor and accident and helth. These two lines, respectively, accounted for 44% and 22% of non-life premiums. We have not, as yet, been able to find a detailed breakdown of Bahrain’s life segment.

Bahrain is, among the 88 countries for which we have gathered data, in the fourth quartile in terms of absolute non-life premiums in 2006, and also in the bottom quartile in terms of absolute growth of nonlife premiums last year. We would therefore categorise Bahrain as a small-sized national market for non-life insurance. Premiums are growing fairly quickly but the country will still have a population of less than 1mn even in 2011. The market cannot ever be expected to be anything other than small.

Bahrain is in the fourth quartile in terms of absolute life premiums in 2006, and in the fourth quartile in terms of absolute growth of life premiums last year. We would therefore categorise Bahrain as a smallsized national market for life insurance and one where premiums are growing quickly, albeit from a nominal base.

In 2006, non-life penetration in Bahrain grew by 5.9%, while life density rose by 42.7% in US dollar terms.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-Bahrain.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

 Independent 5-year insurance industry forecast for Oman.
Original insurance market research and insurance sector trend analysis for Oman’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Oman.

The Oman Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Oman through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Oman; and analysis of the latest insurance industry developments, trends and regulatory changes in Oman.

Oman Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Omani insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Oman
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Oman’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Oman.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Oman through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.

Non-life premiums rose from OMR103mn (US$264mn) in 2005 to OMR123mn (US$315mn) in 2006. Non-life premiums therefore increased by 19% in local currency and US dollar terms. Looking forward, we anticipate that non-life premiums will grow by 9% annually in both Omani riyal and US dollar terms over 2006-2011.

Life premiums rose from OMR14mn (US$36mn) in 2005 to OMR17mn (US$44mn) in 2006. Life premiums therefore increased by 21% in Omani riyal and US dollar terms. Looking forward, we anticipate that life premiums will grow by 20% annually in both local and US currency terms over 2006-2011.

In 2006 the two most important lines within the non-life segment were motor and property/fire. These two lines, respectively, accounted for 57% and 29% of non-life premiums. In terms of local currency premiums, the fastest growing lines last year were engineering (which grew by 83%), health insurance (62%) and accident/liability/other (37%).

We have not, as yet, been able to find a detailed breakdown of Oman’s life segment. Oman is, among the 88 countries for which we have gathered data, in the fourth quartile in terms of absolute non-life premiums in 2006, and in the fourth quartile in terms of absolute growth of non-life premiums last year. We would therefore categorise Oman as a small-sized national market for non-life insurance. This is inevitable in a country of only 3mn people. Non-life penetration is rising, but not quickly, and off a relatively low base.

Oman is in the lowest quartile in terms of absolute life premiums in 2006, and in the lowest quartile in terms of absolute growth of life premiums last year. We would therefore categorise Oman as a small-sized national market for life insurance. Life density will double over the forecast period but, even in 2011, will still be only a nominal US$30 per capita. In 2006 non-life penetration in Oman grew by 4.4% while life density rose by 17.5% in US dollar terms.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-Oman.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Independent 5-year insurance industry forecast for Egypt.
Original insurance market research and insurance sector trend analysis for Egypt’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Egypt.

The Egypt Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Egypt through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Egypt; and analysis of the latest insurance industry developments, trends and regulatory changes in Egypt.

Egypt Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Egyptian insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Egypt
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Egypt’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Egypt.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Egypt through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.

Non-life premiums rose from EGP1,104mn (US$201mn) in 2005 to EGP1,262mn (US$219mn) in 2006. Non-life premiums therefore increased by 14% in terms of the pound and 9% in US dollar terms. We expect that non-life premiums will grow by 35% annually in local currency terms, and by 40% US dollar terms, in 2006-2011.

Life premiums rose from EGP1,441mn (US$262mn) in 2005 to EGP1,693mn (US$293mn) in 2006. Life premiums therefore increased by 17% in terms of the pound and 12% in US dollar terms. We expect that life premiums will grow by 19% annually in local currency terms, and by 23% US dollar terms, in 2006-2011.

In 2006 the two most important lines within the non-life segment were motor and accident and health. These two lines, respectively, accounted for 47% and 23% of non-life premiums. We have not as yet been able to find a detailed breakdown of Egypt’s life segment.

Egypt is, among the 88 countries for which we have gathered data, in the fourth quartile in terms of absolute non-life premiums in 2006, but in the third quartile in terms of absolute growth of non-life premiums last year. We would therefore categorise Egypt as a small-sized national market for non-life insurance and one where premiums are growing modestly. However, it appears that much of the growth is being accounted for by a growing economy: non-life penetration is emphatically not changing quickly.

Egypt is in the third quartile in terms of absolute life premiums in 2006, and in the third quartile in terms of absolute growth of life premiums last year. We would therefore categorise Egypt as a mediumsized national market for life insurance and one where premiums are growing modestly. In spite of the rapid growth of population in Egypt, much of the growth is being driven by an increase in life density.

In 2006, non-life penetration in Egypt contracted by -0.3%, while life density rose by 9.9% in US dollar terms.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-Egypt.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Independent 5-year insurance industry forecast for Saudi Arabia.
Original insurance market research and insurance sector trend analysis for Saudi Arabia’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Saudi Arabia.

The Saudi Arabia Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Saudi Arabia through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Saudi Arabia; and analysis of the latest insurance industry developments, trends and regulatory changes in Saudi Arabia.

Saudi Arabia Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Saudi Arabian insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Saudi Arabia
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Saudi Arabia’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Saudi Arabia.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Saudi Arabia through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.

Non-life premiums rose from SAR4,960mn (US$1,341mn) in 2005 to SAR6,719mn (US$1,816mn) in 2006. Non-life premiums therefore increased by 35% in both riyal and US dollar terms. We expect that non-life premiums will grow by 24% annually, in both riyal and US dollar terms, in 2006-2011.

Life premiums rose from SAR193mn (US$52mn) in 2005 to SAR 218mn (US$59mn) in 2006. Life premiums therefore increased by 13% in both riyal and US dollar terms. We expect that life premiums will grow by 36% annually, in both riyal and US dollar terms, in 2006-2011.

In 2006 the two most important lines within the non-life segment were health and motor. These two lines, respectively, accounted for 33% and 29% of non-life premiums. In terms of local currency premiums, the fastest growing lines last year were engineering (which grew by 83%), health insurance (62%) and accident/liability/other (37%). We have not, as yet, been able to find a detailed breakdown of Saudi Arabia’s life segment.

Saudi Arabia is, among the 88 countries for which we have gathered data, just in the third quartile in terms of absolute non-life premiums in 2006, but in the second quartile in terms of absolute growth of non-life premiums last year. We would therefore categorise Saudi Arabia as a moderately large national market for non-life insurance, and one where premiums are growing quickly.

Saudi Arabia is in the lowest quartile in terms of absolute life premiums in 2006, and in the third quartile in terms of absolute growth of life premiums last year. We would therefore categorise Saudi Arabia as a small-sized national market for life insurance, but one where premiums are growing quickly from a very low base. Even at the end of the forecast period, life density will still only have reached a very nominal US$10 per capita (up from US1.71 in 2006).

In 2006 non-life penetration in Saudi Arabia grew by 22.5%, while life density rose by 10.1% in US dollar terms.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-Saudi-Arabia.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Independent 5-year insurance industry forecast for Iran.
Original insurance market research and insurance sector trend analysis for Iran’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Iran.

The Iran Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Iran through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Iran; and analysis of the latest insurance industry developments, trends and regulatory changes in Iran.

Iran Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Iranian insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Iran
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Iran’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Iran.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Iran through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
The Sector At A Glance
Key Insights On The Insurance Sector Of Iran
Of all the countries whose insurance sectors we survey, Iran is the only one where both the present environment and the outlook are dominated entirely by political issues. Trade and investment sanctions against Iran, which have been advocated by the US government, mean that cross-border insurers are unlikely to participate in the Iranian market any time soon. Indeed, Iran is exceptional in that it is the only sizeable insurance market in the world from which foreign insurers appear to be entirely absent.

In the event that all this changes, with the result that Iran ceases to be a ‘pariah’ state, the key issue will be the keenness of the government to liberalise the insurance sector. At present, the structure of the sector resembles that of an unreformed communist state. Life insurance and long-term savings products appear to be almost non-existent. Bimeh Iran, the government’s own insurer, has a crushing domination of the market. Most of the rest of the market is spoken for by three other insurers which were nationalised in the wake of the revolution of 1979. The government has recently permitted the establishment of private sector insurance companies. It appears that these groups - all of which are entirely locally owned - are more dynamic than the state owned insurers. Nevertheless, they lack economies of scale and are at a disadvantage in a world where no Iranian company can easily access global capital markets.

It is just possible that liberalisation could include the opening of the insurance market to major multi-nationals (or, perhaps, non-US multinationals). In this event, Iran could become one of the world’s most exciting insurance markets. However, we see this outcome as a ‘wildcard’ which is unlikely to appear anytime soon.

Key Features Of This Report & Likely Future Changes
As we envisaged earlier this year, this report includes a completely new and updated Analysis of Competitive Conditions. We have looked at the corporate websites of around 60 companies to assess where they are active in the non-life and/or the life segments. We have also considered the likely growth in absolute premiums, both for the 36 countries that we survey, and for 24 others. A key observation is that there are many countries where the numbers of cross-border insurance companies are surprisingly large, given the scale of the market opportunity: conversely, there is a number of countries where the cross-border insurance companies that are present are surprisingly small.

In the third quarter of 2006, we hope to improve the Analysis of Competitive Conditions and to include actual premium statistics for the end of 2005.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-Iran.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com

Independent 5-year insurance industry forecast for South Africa.
Original insurance market research and insurance sector trend analysis for South Africa’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in South Africa.

The South Africa Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for South Africa through end-2012; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in South Africa; and analysis of the latest insurance industry developments, trends and regulatory changes in South Africa.

South Africa Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the South African insurance industry.

Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on South Africa
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in South Africa’s Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in South Africa.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in South Africa through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.

Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.

Non-life premiums rose from ZAR46,200mn (US$7,276mn) in 2005 to ZAR50,820mn (US$7,507mn) in 2006. Non-life premiums therefore increased by 10% in South African rand terms and 3% in US dollar terms. Over 2006-2011 we anticipate that non-life premiums will grow by 16% annually in South African rand terms and by 10% annually in US dollar terms.

Life premiums rose from ZAR145,210mn (US$22,868mn) in 2005 to ZAR156,030mn (US$23,047mn) in 2006. Life premiums therefore increased by 7% in rand terms and by 1% in US dollar terms. In 2006- 2011 we anticipate that life premiums will grow by 11% annually in rand terms and 5% annually in US dollar terms.

In 2006 the two most important lines within the non-life segment were motor insurance, which accounted for 44% of non-life premiums and property/fire. These two lines, respectively, accounted for 44% and 32% of non-life premiums.

South Africa is, among the 88 countries for which we have gathered data, just in the first quartile in terms of absolute non-life premiums in 2006, and in the first quartile in terms of absolute growth of non-life premiums last year. We would therefore categorise South Africa as a large-sized national market for non-life insurance. Last year’s currency effect aside, it is also a market we expect will grow somewhat faster than GDP. There will be a steady, rather than spectacular, lift in penetration and density levels over the forecast period.

South Africa is in the first quartile in terms of absolute life premiums in 2006, and in the first quartile in terms of absolute growth of life premiums last year. We would therefore categorise South Africa as a large-sized national market for life insurance and one where premiums are growing quickly. Life density continues to grow from already high levels.

In 2006 non-life penetration in South Africa decreased by 1.9%, while life density rose by 0.2% in US dollar terms.

To know more and to buy a copy of your report feel free to visit: http://www.bharatbook.com/Market-Research-Reports/Insurance-Report-South-Africa.html

Or

Contact us at:
Bharat Book Bureau
Tel: +91 22 2757 8668
Fax: +91 22 2757 9131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: http://bharatbookresearch.blogspot.com