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Non-Life Insurance in Qatar, Key Trends and Opportunities to 2020

Non-Life Insurance in Qatar, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Non-Life Insurance in Qatar, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Qatari non-life insurance segment, and a comparison of the Qatari insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, 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 Qatari economy and demographics, explains the various types of natural hazard and their impact on the Qatari insurance industry, 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 'Non-Life Insurance in Qatar, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Qatari non-life insurance segment, including:

  • The Qatari non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Qatari economy and demographics
  • A comparison of the Qatari non-life insurance segment with its regional counterparts
  • The various distribution channels in the Qatari non-life insurance segment
  • Detailed analysis of natural hazards and their impact on the Qatari insurance industry
  • Details of the competitive landscape in the non-life insurance segment in Qatar
  • Details of regulatory policy applicable to the Qatari insurance industry
Scope

This report provides a comprehensive analysis of the non-life insurance segment in Qatar:
  • It provides historical values for the Qatari non-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 Qatari non-life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Qatari non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in Qatar.
  • It analyzes various natural hazards and their impact on the Qatari insurance industry
  • It profiles the top non-life insurance companies in Qatar, 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 Qatari non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Qatari non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Qatari insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In July 2016, the Qatar Central Bank (QCB) issued a circular; setting common standards for motor insurance and new methods of premium calculation based on policyholders’ records.
  • The Qatari non-life segment is consolidated, with the four leading companies accounting for 33.4% of the gross written premium in 2015.
  • The QCB is expected to introduce new regulations for insurance brokers in Qatar by the end of 2017, with the aim of improving industry standards and efficiency.
  • High demand for imported vehicles and the use of an extensive vehicle fleet for oil and gas logistics have led to increased use of telematics.


  • Key Facts and Highlights
    • Table Qatari Non-Life Insurance - Key Facts, 2015
    • Table Qatari Non-Life Insurance - Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Qatari Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Qatari Non-Life Insurance - Gross Written Premium (QAR Billion and US$ Billion), 2011-2015
        • Table Qatari Non-Life Insurance - Penetration (%), 2011-2015
        • Table Qatari Non-Life Insurance - Gross Written Premium (QAR Billion and US$ Billion), 2015-2020
        • Table Qatari Non-Life Insurance - Penetration (%), 2015-2020
        • Table Qatari Non-Life Insurance - Premium per Capita (QAR and US$), 2011-2015
        • Table Qatari Non-Life Insurance - Premium per Capita (QAR and US$), 2015-2020
      • Claims
        • Table Qatari Non-Life Insurance - Paid Claims (QAR Billion and US$ Billion), 2011-2015
        • Table Qatari Non-Life Insurance - Paid Claims (QAR Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Qatari Non-Life Insurance - Profitability Ratio (%), 2011-2015
        • Table Qatari Non-Life Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Qatari Non-Life Insurance - Total Assets (QAR Billion and US$ Billion), 2011-2015
        • Table Qatari Non-Life Insurance - Total Assets (QAR Billion and US$ Billion), 2015-2020
        • Table Qatari Non-Life Insurance - Total Investment Income (QAR Billion and US$ Billion), 2011-2015
        • Table Qatari Non-Life Insurance - Total Investment Income (QAR Billion and US$ Billion), 2015-2020
        • Table Qatari Non-Life Insurance - Investment Portfolio (QAR Billion), 2011-2015
        • Table Qatari Non-Life Insurance - Investment Portfolio (QAR Billion), 2015-2020
  • Outlook by Category
    • Table Qatari Non-Life Insurance - Direct Written Premium by Category (QAR Billion), 2011-2015
    • Table Qatari Non-Life Insurance - Direct Written Premium by Category (QAR Billion), 2015-2020
    • Property Insurance
      • Product overview
      • Premium
        • Table Qatari Property Insurance - Direct Written Premium by Sub-Category (QAR Billion), 2011-2015
        • Table Qatari Property Insurance - Direct Written Premium by Sub-Category (QAR Billion), 2015-2020
      • Claims
        • Table Qatari Property Insurance - Paid Claims (QAR Billion and US$ Billion), 2011-2015
        • Table Qatari Property Insurance - Paid Claims (QAR Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Qatari Property Insurance - Loss Ratio (%), 2011-2015
        • Table Qatari Property Insurance - Loss Ratio (%), 2015-2020
    • Motor Insurance
      • Product overview
      • Premium
        • Table Qatari Motor Insurance - Direct Written Premium by Sub-Category (QAR Billion), 2011-2015
        • Table Qatari Motor Insurance - Direct Written Premium by Sub-Category (QAR Billion), 2015-2020
      • Claims
        • Table Qatari Motor Insurance - Paid Claims (QAR Million and US$ Million), 2011-2015
        • Table Qatari Motor Insurance - Paid Claims (QAR Million and US$ Million), 2015-2020
      • Profitability
        • Table Qatari Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Qatari Motor Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Product overview
        • Table Qatari Transport Network - Global Rankings
      • Premium
        • Table Qatari Marine, Aviation and Transit Insurance - Direct Written Premium by Sub- Category (QAR Billion), 2011-2015
        • Table Qatari Marine, Aviation and Transit Insurance - Direct Written Premium by Sub- Category (QAR Billion), 2015-2020
      • Claims
        • Table Qatari Marine, Aviation and Transit Insurance - Paid Claims (QAR Million and US$ Million), 2011-2015
        • Table Qatari Marine, Aviation and Transit Insurance - Paid Claims (QAR Million and US$ Million), 2015-2020
      • Profitability
        • Table Qatari Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Qatari Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
  • Natural and Man-Made Hazards
  • Competitive Landscape
    • Table Qatari Non-Life Segment - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Qatar Insurance Company - company overview
        • Table Qatar Insurance Company - Key Facts
        • Table Qatar Insurance Company - Key Financials (QAR Million), 2011-2015
      • Qatar General Insurance and Reinsurance Company SAQ - company overview
        • Table Qatar General Insurance and Reinsurance Company SAQ - Key Facts
        • Table Qatar General Insurance and Reinsurance Company SAQ - Key Financials (QAR Million), 2011-2015
      • Doha Insurance Company - company overview
        • Table Doha Insurance Company - Key Facts
        • Table Doha Insurance Company - Key Financials (QAR Million), 2011-2015
      • Qatar Islamic Insurance Company - company overview
        • Table Qatar Islamic Insurance Company - Key Facts
        • Table Qatar Islamic Insurance Company - Key Financials (QAR Million), 2011-2015
  • Governance, Risk and Compliance
    • Table Qatar - 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 Qatar - Life Insurance Regulatory Framework
      • Property insurance
        • Table Qatar - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Qatar - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Qatar - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Health insurance
      • Professional indemnity insurance for insurance intermediaries
      • Liability for ships with respect to oil pollution
      • Air carriers and aircraft operators' insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Qatar Financial Centre Regulatory Authority
      • Qatar Central Bank
    • 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 Qatar - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Qatari Insurance Industry - Policies and Premium, 2011-2015
      • Table Qatari Insurance Industry - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Qatari Non-Life Insurance - Claims and Expenses, 2011-2015
      • Table Qatari Non-Life Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Qatari Non-Life Insurance - Assets and Investments, 2011-2015
      • Table Qatari Non-Life Insurance - Assets and Investments, 2015-2020
    • Property Insurance
      • Table Qatari Non-Life Insurance - Property Insurance, 2011-2015
      • Table Qatari Non-Life Insurance - Property Insurance, 2015-2020
    • Property Insurance by Product
      • Table Qatari Non-Life Insurance - Property Insurance by Product, 2011-2015
      • Table Qatari Non-Life Insurance - Property Insurance by Product, 2015-2020
    • Motor Insurance
      • Table Qatari Non-Life Insurance - Motor Insurance, 2011-2015
      • Table Qatari Non-Life Insurance - Motor Insurance, 2015-2020
    • Marine, Aviation and Transit Insurance
      • Table Qatari Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
      • Table Qatari Non-Life Insurance - Marine, Aviation and Transit Insurance, 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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