Trends and Opportunities in the German Life Insurance Industry to 2016: Market Profile

Synopsis

The report provides market analysis, information and insights into the German life insurance market, including:

• A description of the life insurance market in Germany
• The German life insurance market’s growth prospects by life insurance categories and customer segments
• The various distribution channels in the German life insurance market

Summary

The German life insurance segment grew during the review period due to the country’s aging population, rising of the retirement age to 67 and tax benefits on long-term saving products such as life insurance. The individual endowment insurance category accounted for the largest share of XX% of the total life insurance written premiums in 2011, followed by general annuity products, with a share of XX%, and retirement and variable insurance products, which together generated a share of XX%. Germany’s growing GDP, increasing disposable income and life insurance product innovation is expected to contribute towards the growth of life insurance over the forecast period.

Scope

This report provides a comprehensive analysis of the life insurance market in Germany:

• It provides historical values for Germany’s life insurance market for the report’s 2007–2011 review period and forecast figures for the 2011–2016 forecast period
• It offers a detailed analysis of the key sub-segments in Germany’s life insurance market, along with market forecasts until 2016
• It analyses the various distribution channels for life insurance products in Germany

Reasons To Buy

• Make strategic business decisions using historic and forecast market data related to the German life insurance market
• Understand the demand-side dynamics, key market trends and growth opportunities within the German life insurance market
• Identify the growth opportunities and market dynamics within key product categories