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Belgium Insurance Q2 2019

Belgium Insurance Q2 2019

Key View:

The Belgium insurance sector is characterised by high competition and market maturity. Both the life and non-life lineshave strong penetration and density, suggesting a well-developed market. The industry benefits from high incomes, supportivedemographics and a robust level of product awareness. New organic growth potential is weak in the market as all lines are matureand the addressable new consumer pool continues to shrink. However, carriers will look towards product innovation anddynamic upselling to achieve revenue expansion. Healthy headline economic growth, coupled with potent spending powers, willcontinue to support insurance sales out to 2023 and beyond.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Developed States Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Insurance Methodology

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