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Netherlands Insurance Report Q2 2016

Netherlands Insurance Report Q2 2016

BMI View: The Netherlands has one of the largest insurance markets in Europe, particularly in terms ofhealth insurance, which accounts for the vast majority of the non-life sector. As a mature marketplace,growth opportunities are relatively restricted, particularly in the life sector, which continues to suffer froma lack of consumer confidence and limited savings and investment activity. We do expect to see somegrowth in household income over the forecast period, indicating increased capacity for spending on variousinsurable products and some impetus for premium growth in the non-life sector. However, the outlook willremain subdued overall, with growth rates lingering in the low single digits.

Key Updates And Forecasts

Health insurance remains the main driver of growth in the non-life sector. Government estimates putpremium increases at around EUR7 per month in 2016, while we are forecasting growth of 3.6% in healthinsurance premiums, underpinning growth of 3.1% across the non-life sector, leading to total non-lifepremiums of EUR60.9bn (USD65.1bn) - around 81% of all insurance premiums written in theNetherlands.


BMI Industry View
Table: Headline Insurance Forecasts (Netherlands 2013-2020)
SWOT
Insurance
Industry Forecast
Life Premiums Forecast
Table: Life Premiums (Netherlands 2013-2020)
Table: Life Insurance Claims (Netherlands 2007-2014)
Non-Life Premiums Forecast
Table: Non-Life Premiums (Netherlands 2013-2020)
Table: Non-Life Insurance Claims (Netherlands 2008-2014)
Non-Life Sub-Sector Forecast
Table: Non-Life Insurance Premiums By Product Line (Netherlands 2013-2020)
Insurance Risk/Reward Index
Developed States Insurance Risk/Reward Index
Table: Developed States Insurance Risk/Reward Index - Q216
Market Overview
Life Market Overview
The Product Offering
The Competitive Landscape
Table: Company Performance: Life Insurance Market (USDmn) 2007-2013
Non-Life Market Overview
The Product Offering
The Competitive Landscape
Table: Non-Life Insurance Market (USDmn) 2007-2013
Company Profile
Achmea
Aegon
a.s.r.
Delta Lloyd
Nationale Nederlanden (NN Group)
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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