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Life Insurance in Slovenia, Key Trends and Opportunities to 2020

Life Insurance in Slovenia, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Life Insurance in Slovenia, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Slovenian life insurance segment, and a comparison of the Slovenian 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 Slovenian 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.

Summary

Timetric’s 'Life Insurance in Slovenia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Slovenian life insurance segment, including:

  • An overview of the Slovenian life insurance segment
  • The Slovenian life insurance segment’s growth prospects by category
  • A comprehensive overview of the Slovenian economy and demographics
  • A comparison of the Slovenian life insurance segment with its regional counterparts
  • The various distribution channels in the Slovenian life insurance segment
  • Details of the competitive landscape in the life insurance segment in Slovenia
  • Details of regulatory policy applicable to the Slovenian insurance industry
Scope

This report provides a comprehensive analysis of the life insurance segment in Slovenia:
  • It provides historical values for the Slovenian 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 Slovenian life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Slovenian life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for life insurance products in Slovenia.
  • It profiles the top life insurance companies in Slovenia 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 Slovenian life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Slovenian 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 Slovenian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Slovenia’s life segment is highly concentrated, with the 10 leading insurers accounting for 99.4% of the segment’s gross written premium in 2015.
  • The implementation of Solvency II in 2016 is likely to lead to further consolidation in the segment.
  • The Slovenian life insurance penetration decreased from 1.62% in 2011 to 1.47% in 2015.
  • The life segment’s distribution network was led by agencies in 2015, followed by bancassurance and brokers.


  • Key Facts and Highlights
    • Table Slovenian Life Insurance - Key Facts, 2015
    • Table Slovenian Life Insurance - Segment Shares (%) of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Slovenian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Slovenian Life Insurance - Gross Written Premium (EUR Million and US$ Million), 2011-2015
        • Table Slovenian Life Insurance - Penetration (%), 2011-2015
        • Table Slovenian Life Insurance - Gross Written Premium (EUR Million and US$ Million), 2015-2020
        • Table Slovenian Life Insurance - Penetration (%), 2015-2020
        • Table Slovenian Life Insurance - New Business Direct Written Premium (EUR Million and US$ Million), 2011-2015
        • Table Slovenian Life Insurance - New Business Direct Written Premium (EUR Million and US$ Million), 2015-2020
        • Table Slovenian Life Insurance - Premium per Capita (EUR and US$), 2011-2015
        • Table Slovenian Life Insurance - Premium per Capita (EUR and US$), 2015-2020
      • Policies sold
        • Table Slovenian Life Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Slovenian Life Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Slovenian Life Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
        • Table Slovenian Life Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
      • Assets and investments
        • Table Slovenian Life Insurance - Total Assets (EUR Billion and US$ Billion), 2011-2015
        • Table Slovenian Life Insurance - Total Assets (EUR Billion and US$ Billion), 2015-2020
        • Table Slovenian Life Insurance - Total Investment Income (EUR Million and US$ Million), 2011-2015
        • Table Slovenian Life Insurance - Total Investment Income (EUR Million and US$ Million), 2015-2020
        • Table Slovenian Life Insurance - Investment Portfolio (EUR Billion), 2011-2015
        • Table Slovenian Life Insurance - Investment Portfolio (EUR Billion), 2015-2020
  • Outlook by Sub-Segment
    • Individual Life Insurance
      • Premium
        • Table Slovenian Individual Life Insurance - Gross Written Premium by Category (EUR Million), 2011-2015
        • Table Slovenian Individual Life Insurance - Gross Written Premium by Category (EUR Million), 2015-2020
      • Policies sold
        • Table Slovenian Individual Life Insurance - Number of Policies Sold by Category (Thousand), 2011-2015
        • Table Slovenian Individual Life Insurance - Number of Policies Sold by Category (Thousand), 2015-2020
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
      • Table Slovenian Life Insurance - New Business Direct Written Premium by Distribution Channel (EUR Million), 2011-2015
      • Table Slovenian Life Insurance - New Business Direct Written Premium by Distribution Channel (EUR Million), 2015-2020
      • Table Slovenian Life Insurance - Percentage of New Business Direct Written Premium, by Distribution Channel, 2011-2020
  • Competitive Landscape
    • Overview
      • Table Slovenian Life Segment - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Zavarovalnica Triglav DD - company overview
        • Table Zavarovalnica Triglav DD - Key Facts
        • Table Zavarovalnica Triglav DD - Key Financials (EUR Million), 2011-2015
      • Zavarovalnica Maribor DD - company overview
        • Table Zavarovalnica Maribor DD - Key Facts
        • Table Zavarovalnica Maribor DD - Key Financials (EUR Million), 2011-2015
      • NLB Vita DD - company overview
        • Table NLB Vita DD - Key Facts
        • Table NLB Vita DD - Key Financials (EUR Million), 2013-2015
      • Adriatic Slovenica - company overview
        • Table Adriatic Slovenica - Key Facts
        • Table Adriatic Slovenica - Key Financials (EUR Million), 2011-2015
      • Merkur Zvarovalnica - company overview
        • Table Merkur Zavarovalnica - Key Facts
        • Table Merkur Zavarovalnica - Key Financials (EUR Million), 2011-2015
  • Governance, Risk and Compliance
    • Table Slovenia - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Slovenia - Life Insurance Regulatory Framework
      • Property insurance
        • Table Slovenia - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Slovenia - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Slovenia - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Health insurance
      • Motor third-party liability insurance
      • Marine third-party liability insurance
        • Table Slovenia - Liability Limits for Third-Party Death and Physical Injury
        • Table Slovenia - Liability Limits for Other Claims
      • Professional indemnity insurance for alternative investment fund managers
      • Professional indemnity insurance for insurance brokers
      • Air carriers and aircraft operators insurance
        • Table Slovenia - Minimum Coverage for Aircraft Third-Party Liability Per Accident and Aircraft
      • Liability for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Federation of European Risk Management Associations
      • Insurance Supervision Agency
      • Slovenian Insurance Association
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Slovenia - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Slovenian Life Insurance - Policies and Premium, 2011-2015
      • Table Slovenian Life Insurance - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Slovenian Life Insurance - Claims and Expenses, 2011-2015
      • Table Slovenian Life Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Slovenian Life Insurance - Assets and Investments, 2011-2015
      • Table Slovenian Life Insurance - Assets and Investments, 2015-2020
    • Direct Marketing
      • Table Slovenian Life Insurance - Direct Marketing, 2011-2015
      • Table Slovenian Life Insurance - Direct Marketing, 2015-2020
    • Insurance Brokers and Agencies
      • Table Slovenian Life Insurance - Insurance Brokers and Agencies, 2011-2015
      • Table Slovenian Life Insurance - Insurance Brokers and Agencies, 2015-2020
    • Bancassurance and Other Distribution Channels
      • Table Slovenian Life Insurance - Insurance Brokers and Agencies, 2011-2015
      • Table Slovenian Life Insurance - Insurance Brokers and Agencies, 2015-2020
    • Individual Life Insurance
      • Table Slovenian Life Insurance - Individual Life Insurance, 2011-2015
      • Table Slovenian Life Insurance - Individual Life Insurance, 2015-2020
    • Individual Life Insurance by Product
      • Table Slovenian Life Insurance - Individual Life Insurance by Product, 2011-2015
      • Table Slovenian Life Insurance - Individual Life Insurance by Product, 2015-2020
    • Linked vs Non-Linked Policies
      • Table Slovenian Life Insurance - Linked vs Non-Linked Policies, 2011-2015
      • Table Slovenian Life Insurance - Linked vs Non-Linked Policies, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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