Life Insurance in Ireland, Key Trends and Opportunities to 2020
Timetric’s 'Life Insurance in Ireland, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Irish life insurance segment, and a comparison of the Irish insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Irish economy and demographics, and provides detailed information on the competitive landscape in the country.
The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.
Timetric’s 'Life Insurance in Ireland, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Irish life insurance segment, including:
An overview of the Irish life insurance segment
The Irish life insurance segment’s growth prospects by category
A comprehensive overview of the Irish economy and demographics
A comparison of the Irish life insurance segment with its regional counterparts
The various distribution channels in the Irish life insurance segment
Details of the competitive landscape in the life insurance segment in Ireland
Details of regulatory policy applicable to the Irish insurance industry
This report provides a comprehensive analysis of the life insurance segment in Ireland:
It provides historical values for the Irish life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
It offers a detailed analysis of the key categories in the Irish life insurance segment, and market forecasts to 2020.
It provides a comparison of the Irish life insurance segment with its regional counterparts
It analyzes the various distribution channels for life insurance products in Ireland.
It profiles the top life insurance companies in Ireland and outlines the key regulations affecting them.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Irish life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Irish life insurance segment.
Assess the competitive dynamics in the life insurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Irish insurance industry, and their impact on companies and the industry's future.
In January 2017, there were 58 life insurers operating in Ireland, of which 47 were headquartered in Ireland, and 11 were headquartered in other EU member states.
In February 2016, the Central Bank of Ireland published an updated paper with the implementation procedure for a risk-based regulation called Probability Risk and Impact System (PRISM), categorizing investment risk, pricing and underwriting risk, and claims and reserving risk, for insurers.
In January 2015, the Irish government approved the introduction of a universal supplementary pension saving scheme, with an objective to tackle low rates of workplace pension cover.
The segment’s distribution network was dominated by direct marketing during the review period.