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

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

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Finland, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Finnish 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 gives a comprehensive overview of the Finnish 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 Finland, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Finnish personal accident and health insurance segment, including:

  • The Finnish 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 Finnish economy and demographics
  • Details of the competitive landscape in the personal accident and health insurance segment in Finland
  • Details of regulatory policy applicable to the Finnish insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Finland:
  • It provides historical values for the Finnish 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 Finnish personal accident and health insurance segment, and market forecasts to 2019.
  • It profiles the top personal accident and health insurance companies in Finland, 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 Finnish personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Finnish 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 Finnish insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The segment accounted for the lowest share of the insurance gross written premium during the review period.
  • The Finnish government provides healthcare to the entire population, leaving limited scope for private health insurers.
  • Finland’s healthcare system comprises both private and public sectors.
  • Health was the dominant category in the personal accident and health segment throughout the review period, with 60.4% of the segment’s direct written premium in 2014.
  • Solvency II legislation was implemented in January 2016.


  • Key Facts and Highlights
    • Table Finnish Personal Accident and Health Insurance - Key Facts, 2014
  • Executive Summary
  • Economy and Demographics
    • Table Finnish Humanitarian Aid by Country, 2015
    • Table Finnish Government Credit Ratings
  • Personal Accident and Health Insurance Segment Outlook
    • Key Drivers
    • Key Trends
    • Challenges
    • Personal Accident and Health Insurance Growth Prospects by Category
      • Table Finnish Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Paid Claims (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Paid Claims (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Total Assets (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Total Assets (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Total Investment Income (EUR Million), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Total Investment Income (EUR Million), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Net Written Premium as a Percentage of Gross Written Premium (%), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Net Written Premium as a Percentage of Gross Written Premium (%), 2014-2019
      • Personal accident insurance
        • Table Finnish Personal Accident Insurance - Direct Written Premium (EUR Million), 2010-2014
        • Table Finnish Personal Accident Insurance - Direct Written Premium (EUR Million), 2014-2019
        • Table Finnish Personal Accident Insurance - Loss Ratio (%), 2010-2014
        • Table Finnish Personal Accident Insurance - Loss Ratio (%), 2014-2019
      • Health insurance
        • Table Finnish Health Insurance - Direct Written Premium (EUR Million), 2010-2014
        • Table Finnish Health Insurance - Direct Written Premium (EUR Million), 2014-2019
        • Table Finnish Health Insurance - Loss Ratio (%), 2010-2014
        • Table Finnish Health Insurance - Loss Ratio (%), 2014-2019
  • Competitive Landscape and Strategic Insights
    • Overview
    • Leading Companies in the Finnish Personal Accident and Health Insurance Segment
      • Table Finnish Personal Accident and Health Insurance - Segment Shares (%), 2014
      • OP Insurance Ltd - company overview
        • Table OP Insurance Ltd, Key Facts
      • If P&C Insurance Company Ltd - company overview
        • Table If P&C Insurance Company Ltd, Key Facts
      • LocalTapiola Regionals - company overview
        • Table LocalTapiola Regionals, Key Facts
      • Eurooppalainen Insurance Company Ltd - company overview
        • Table Eurooppalainen Insurance Company Ltd, Key Facts
      • Fennia Mutual Insurance Company - company overview
        • Table Fennia Mutual Insurance Company, Key Facts
  • Governance, Risk and Compliance
    • Table Finland - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulations
    • Regulations and market practice by Type of Insurance
      • Life insurance
        • Table Finland - Life Insurance Regulatory Framework
      • Property insurance
        • Table Finland - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Finland - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Finland - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Workers' compensation insurance
      • Pension insurance for private employers
      • Air carriers and aircraft operators insurance
        • Table Finland - Minimum Coverage for Aircraft Third-Party Liability Per Accident and Aircraft
      • Professional indemnity insurance for alternative investment fund managers
      • Professional liability insurance for insurance brokers
    • Supervision and Control
      • International Association of Insurance Supervisors (IAIS)
      • European Insurance and Occupational Pension Authority (EIOPA)
      • Federation of European Risk Management Associations (FERMA)
      • Financial Supervisory Authority
      • The Federation of Finnish Financial Services (FFI)
    • 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
        • Table Finland - Insurance Premium Taxation
      • Withholding tax on insurance premium paid overseas
      • Corporate tax
        • Table Finland - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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