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Insurance in Romania

Introduction

Insurance in Romania industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Romania insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

  • The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes. The life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. The insurance market depends on a variety of economic and non-economic factors, and future performance is difficult to predict. The forecast given in this report is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2013 average exchange rates.
  • The Romanian insurance market is forecast to generate total gross written premiums of $2.4bn in 2014, representing a compound annual rate of change (CARC) of -0.5% between 2010 and 2014.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.9% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $2.7bn by the end of 2019.
Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Romania

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Romania

Leading company profiles reveal details of key insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Romania insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Romania economy

Key Questions Answered

What was the size of the Romania insurance market by value in 2014?

What will be the size of the Romania insurance market in 2019?

What factors are affecting the strength of competition in the Romania insurance market?

How has the market performed over the last five years?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Allianz Group
Vienna Insurance Group AG
Groupama S.A.
Macroeconomic Indicators
Country Data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
LIST OF TABLES
Table 1: Romania insurance market value: $ billion, 2010–14(e)
Table 2: Romania insurance market category segmentation: $ billion, 2014(e)
Table 3: Romania insurance market geography segmentation: $ billion, 2014(e)
Table 4: Romania insurance market value forecast: $ billion, 2014–19
Table 5: Allianz Group: key facts
Table 6: Allianz Group: key financials ($)
Table 7: Allianz Group: key financials (€)
Table 8: Allianz Group: key financial ratios
Table 9: Vienna Insurance Group AG: key facts
Table 10: Vienna Insurance Group AG: key financials ($)
Table 11: Vienna Insurance Group AG: key financials (€)
Table 12: Vienna Insurance Group AG: key financial ratios
Table 13: Groupama S.A.: key facts
Table 14: Groupama S.A.: key financials ($)
Table 15: Groupama S.A.: key financials (€)
Table 16: Groupama S.A.: key financial ratios
Table 17: Romania size of population (million), 2010–14
Table 18: Romania gdp (constant 2005 prices, $ billion), 2010–14
Table 19: Romania gdp (current prices, $ billion), 2010–14
Table 20: Romania inflation, 2010–14
Table 21: Romania consumer price index (absolute), 2010–14
Table 22: Romania exchange rate, 2010–14
LIST OF FIGURES
Figure 1: Romania insurance market value: $ billion, 2010–14(e)
Figure 2: Romania insurance market category segmentation: % share, by value, 2014(e)
Figure 3: Romania insurance market geography segmentation: % share, by value, 2014(e)
Figure 4: Romania insurance market value forecast: $ billion, 2014–19
Figure 5: Forces driving competition in the insurance market in Romania, 2014
Figure 6: Drivers of buyer power in the insurance market in Romania, 2014
Figure 7: Drivers of supplier power in the insurance market in Romania, 2014
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Romania, 2014
Figure 9: Factors influencing the threat of substitutes in the insurance market in Romania, 2014
Figure 10: Drivers of degree of rivalry in the insurance market in Romania, 2014
Figure 11: Allianz Group: revenues & profitability
Figure 12: Allianz Group: assets & liabilities
Figure 13: Vienna Insurance Group AG: revenues & profitability
Figure 14: Vienna Insurance Group AG: assets & liabilities
Figure 15: Groupama S.A.: revenues & profitability
Figure 16: Groupama S.A.: assets & liabilities

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