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Personal Accident and Health Insurance in Denmark, Key Trends and Opportunities to 2019

Personal Accident and Health Insurance in Denmark, Key Trends and Opportunities to 2019

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Denmark, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Danish personal accident and health insurance segment.

It provides 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 (2010–2014) and forecast period (2014–2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Danish 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 'Personal Accident and Health Insurance in Denmark, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Danish personal accident and health insurance segment, including:

  • The Danish personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • A comprehensive overview of the Danish economy and demographics
  • Analysis of distribution channels in the Danish personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Denmark
  • Details of regulatory policy applicable to the Danish insurance industry
Scope
  • This report provides a comprehensive analysis of the personal accident and health insurance segment in Denmark:
  • It provides historical values for the Danish personal accident and health insurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
  • It offers a detailed analysis of the key categories in the Danish personal accident and health insurance segment, and market forecasts to 2019.
  • It profiles the top personal accident and health insurance companies in Denmark, 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 Danish personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Danish personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Danish insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The Danish personal accident and health segment’s gross written premium increased at a review-period CAGR of 6.3%.
  • Increasing public awareness of the benefits of health insurance, and rising middle-class disposable incomes drove the segment’s growth.
  • Personal accident insurance was the largest category, with 61.9% of the segment’s direct written premium in 2014.
  • The Danish personal accident and health segment is concentrated, with the 10 leading companies accounting for 79.0% of the total direct written premium generated in 2014.
  • Solvency II is expected to be implemented in January 2016.


  • Key Facts and Highlights
    • Table Danish Personal Accident and Health Insurance – Key Facts, 2014
  • Executive Summary
  • Introduction
    • What is this Report About?
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • Economy and Demographics
    • Table Danish Government Credit Ratings, 2015*
  • Personal Accident and Health Insurance Segment Outlook
    • Key Drivers
    • Key Trends
    • Challenges
    • Personal Accident and Health Insurance Growth Prospects by Category
      • Table Danish Personal Accident and Health Insurance – Direct Written Premium by Category (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Direct Written Premium by Category (US$ Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Direct Written Premium by Category (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Direct Written Premium by Category (US$ Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Net Earned Premium (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Net Earned Premium (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Incurred Loss by Category (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Incurred Loss by Category (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Loss Ratio (%), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Loss Ratio (%), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Commission and Expenses (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Commission and Expenses (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Combined Ratio (%), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Combined Ratio (%), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Total Assets (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Total Assets (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Total Investment Income (DKK Billion), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Total Investment Income (DKK Billion), 2014–2019
      • Table Danish Personal Accident and Health Insurance – Net Written Premium (% of GWP), 2010–2014
      • Table Danish Personal Accident and Health Insurance – Net Written Premium (% of GWP), 2014–2019
      • Personal accident insurance
        • Table Danish Personal Accident Insurance – Direct Written Premium (DKK Billion), 2010–2014
        • Table Danish Personal Accident Insurance – Direct Written Premium (DKK Billion), 2014–2019
        • Table Danish Personal Accident Insurance – Loss Ratio (%), 2010–2014
        • Table Danish Personal Accident Insurance – Loss Ratio (%), 2014–2019
      • Travel insurance
        • Table Danish Travel Insurance – Direct Written Premium (DKK Billion), 2010–2014
        • Table Danish Travel Insurance – Direct Written Premium (DKK Billion), 2014–2019
        • Table Danish Travel Insurance – Loss Ratio (%), 2010–2014
        • Table Danish Travel Insurance – Loss Ratio (%), 2014–2019
      • Non-life health insurance
        • Table Danish Non-Life Health Insurance – Direct Written Premium (DKK Billion), 2010–2014
        • Table Danish Non-Life Health Insurance – Direct Written Premium (DKK Billion), 2014–2019
        • Table Danish Non-Life Health Insurance – Loss Ratio (%), 2010–2014
        • Table Danish Non-Life Health Insurance – Loss Ratio (%), 2014–2019
      • Life health insurance
        • Table Danish Life Health Insurance – Direct Written Premium (DKK Billion), 2010–2014
        • Table Danish Life Health Insurance – Direct Written Premium (DKK Billion), 2014–2019
        • Table Danish Life Health Insurance – Loss Ratio (%), 2010–2014
        • Table Danish Life Health Insurance – Loss Ratio (%), 2014–2019
  • Analysis by Distribution Channel
  • Competitive Landscape and Strategic Insights
    • Overview
    • Leading Companies in the Danish Personal Accident and Health Insurance Segment
      • Table Danish Personal Accident and Health Insurance – Segment Shares (%), 2014
      • Codan Forsikring A/S – company overview
        • Table Codan Forsikring A/S, Key Facts
      • Sygeforsikringen "Danmark" – company overview
        • Table Sygeforsikringen "Danmark", Key Facts
      • Tryg Forsikring A/S – company overview
        • Table Tryg Forsikring A/S, Key Facts
      • PFA Pension Forsikrings A/S – company overview
        • Table PFA Pension Forsikrings A/S, Key Facts
      • Danica Pension, Livsforsikrings A/S – company overview
        • Table Danica Pension, Livsforsikrings A/S, Key Facts
      • Topdanmark Forsikring A/S – company overview
        • Table Topdanmark Forsikring A/S, Key Facts
      • Industriens Pensionsforsikring A/S – company overview
        • Table Industriens Pensionsforsikring A/S, Key Facts
      • Topdanmark Livsforsikring A/S – company overview
        • Table Topdanmark Livsforsikring A/S, Key Facts
      • Alm. Brand Forsikring A/S – company overview
        • Table Alm. Brand Forsikring A/S, Key Facts
      • LB Forsikring A/S – company overview
        • Table LB Forsikring A/S, Key Facts
  • Governance, Risk and Compliance
    • Table Denmark – Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulations
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Denmark – Life Insurance Regulatory Framework
      • Property insurance
        • Table Denmark – Property Insurance Regulatory Framework
      • Motor insurance
        • Table Denmark – Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Denmark – Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Air carriers and aircraft operators insurance
        • Table Denmark – Minimum Coverage for Aircraft Third-Party Liability per Accident and Aircraft
      • Workmen's compensation insurance
      • Professional indemnity insurance for alternative investment fund managers
      • Third-party liability insurance for dogs
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Danish Financial Supervisory Authority (DFSA)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and penalties
    • Company Registration and Operations
      • Types of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margins
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Denmark – Corporate Tax Rates for Financial Year 2015
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Appendix
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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