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Personal Accident and Health Insurance in Germany, Key Trends and Opportunities to 2020

Personal Accident and Health Insurance in Germany, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Germany, Key Trends and Opportunities to 2020' report provides detailed analysis of the trends, drivers, challenges in the German 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 (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the German 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 Germany, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the German personal accident and health insurance segment, including:

  • The German 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 German economy and demographics
  • The various distribution channels in the German personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Germany
  • Details of regulatory policy applicable to the German insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Germany:
  • It provides historical values for the German personal accident and health 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 German personal accident and health insurance segment, and market forecasts to 2020.
  • It profiles the top personal accident and health insurance companies in Germany, 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 German personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the German 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 German insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In April 2017, Munich Higher Regional Court stipulated provisions for aggregators to improve online insurance distribution activities. Aggregators are required to provide complete information to website users before completing an insurance contract online.
  • On March 10, 2017, BaFin, the German financial regulatory authority, published a guidance notice on the authorization of joint-stock companies providing health insurance. The guidelines stipulated provisions regarding the documents and information required by BaFin for authorization of businesses providing health insurance.
  • Effective from 2017, the contribution rate for long-term care insurance increased by 0.2 percentage points to 2.55%, or 2.8% for those without children.
  • In 2017, the nursing care system was amended, and the need for long-term care is now based on the extent to which an insured’s abilities are impaired.


  • Key Facts and Highlights
    • Table German Personal Accident and Health Insurance – Key Facts, 2015
    • Table German Personal Accident and Health Insurance – Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table German Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table German Personal Accident and Health Insurance – Gross Written Premium (Euro Billion and US$ Billion), 2011–2015
        • Table German Personal Accident and Health Insurance – Penetration (%), 2011–2015
        • Table German Personal Accident and Health Insurance – Gross Written Premium (Euro Billion and US$ Billion), 2015–2020
        • Table German Personal Accident and Health Insurance – Penetration (%), 2015–2020
        • Table German Personal Accident and Health Insurance – Premium per Capita (Euro and US$), 2011–2015
        • Table German Personal Accident and Health Insurance – Premium per Capita (Euro and US$), 2015–2020
      • Policies sold
        • Table German Personal Accident and Health Insurance – Number of Policies Sold (Million), 2011–2015
        • Table German Personal Accident and Health Insurance – Number of Policies Sold (Million), 2015–2020
      • Profitability
        • Table German Personal Accident and Health Insurance – Profitability Ratio (%), 2011–2015
        • Table German Personal Accident and Health Insurance – Profitability Ratio (%), 2015–2020
      • Assets and investments
        • Table German Personal Accident and Health Insurance – Total Assets (Euro Billion and US$ Billion), 2011–2015
        • Table German Personal Accident and Health Insurance – Total Assets (Euro Billion and US$ Billion), 2015–2020
        • Table German Personal Accident and Health Insurance – Total Investment Income (Euro Billion and US$ Billion), 2011–2015
        • Table German Personal Accident and Health Insurance – Total Investment Income (Euro Billion and US$ Billion), 2015–2020
        • Table German Personal Accident and Health Insurance – Investment Portfolio (Euro Billion), 2011–2015
        • Table German Personal Accident and Health Insurance – Investment Portfolio (Euro Billion), 2015–2020
  • Outlook by Category
    • Table German Personal Accident and Health Insurance – Direct Written Premium by Category (Euro Billion), 2011–2015
    • Table German Personal Accident and Health Insurance – Direct Written Premium by Category (Euro Billion), 2015–2020
    • Personal Accident Insurance
      • Premium
        • Table German Personal Accident Insurance – Direct Written Premium (Euro Billion and US$ Billion), 2011–2015
        • Table German Personal Accident Insurance – Direct Written Premium (Euro Billion and US$ Billion), 2015–2020
      • Policies
        • Table German Personal Accident Insurance – Number of Policies Sold (Million), 2011–2015
        • Table German Personal Accident Insurance – Number of Policies Sold (Million), 2015–2020
    • Health Insurance
      • Premium
        • Table German Health Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2011–2015
        • Table German Health Insurance – Direct Written Premium by Sub-Category (EUR Billion), 2015–2020
      • Policies
        • Table German Health Insurance – Number of Policies Sold (Million), 2011–2015
        • Table German Health Insurance – Number of Policies Sold (Million), 2015–2020
    • Travel Insurance
      • Premium
        • Table German Travel Insurance – Direct Written Premium (Euro Billion), 2011–2015
        • Table German Travel Insurance – Direct Written Premium (Euro Billion), 2015–2020
      • Policies
        • Table German Travel Insurance – Number of Policies Sold (Million), 2011–2015
        • Table German Travel Insurance – Number of Policies Sold (Million), 2015–2020
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
      • Table German Personal Accident and Health Insurance – Direct Written Premium by Distribution Channel (Euro Billion), 2011–2015
      • Table German Personal Accident and Health Insurance – Direct Written Premium by Distribution Channel (Euro Billion), 2015–2020
      • Table German Personal Accident and Health Insurance – Percentage of Direct Written Premium, by Distribution Channel, 2011–2020
  • Competitive Landscape
    • Table German Personal Accident and Health Insurance – Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Debeka Krankenversicherungsverein AG – company overview
        • Table Debeka Krankenversicherungsverein AG – Key Facts
        • Table Debeka Krankenversicherungsverein AG – Key Financials (US$ Billion), 2011–2015
      • DKV Deutsche Krankenversicherung AG – company overview
        • Table DKV Deutsche Krankenversicherung AG – Key Facts
        • Table DKV Deutsche Krankenversicherung AG – Key Financials (US$ Billion), 2011–2015
      • Allianz Private Krankenversicherungs-AG – company overview
        • Table Allianz Private Krankenversicherungs-AG – Key Facts
        • Table Allianz Private Krankenversicherungs-AG – Key Financials (US$ Million), 2011–2015
      • Axa Krankenversicherung AG – company overview
        • Table Axa Krankenversicherung AG – Key Facts
        • Table Axa Krankenversicherung AG – Key Financials (US$ Million), 2011–2015
      • Signal Krankenversicherung AG – company overview
        • Table Signal Krankenversicherung AG – Key Facts
        • Table Signal Krankenversicherung AG – Key Financials (US$ Million), 2011–2015
  • Governance, Risk and Compliance
    • Table Germany– 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 Germany– Life Insurance Regulatory Framework
      • Property insurance
        • Table Germany– Property Insurance Regulatory Framework
      • Motor insurance
        • Table Germany– Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Germany– Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Workmen's compensation insurance
      • Air carriers and aircraft operators insurance
        • Table Germany – Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
      • Professional indemnity insurance for alternative investment fund managers
      • Product liability insurance for pharmaceutical manufacturers
      • Clinical trial liability insurance
      • Operating liability for plants posing a hazard to the environment
      • Liability for ships with respect to oil pollution
      • Liability insurance against the transport of hazardous and noxious substances by sea
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Federation of European Risk Management Associations
      • Federal Financial Supervisory Authority
      • German 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
        • Table Germany– Insurance Premium Tax (IPT)
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Germany– Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table German Personal Accident and Health Insurance Industry – Policies and Premium, 2011–2015
      • Table German Personal Accident and Health Insurance Industry – Policies and Premium, 2015–2020
      • Claims and expenses
        • Table German Personal Accident and Health Insurance – Claims and Expenses, 2011–2015
        • Table German Personal Accident and Health Insurance – Claims and Expenses, 2015–2020
      • Assets and investments
        • Table German Personal Accident and Health Insurance – Assets and Investments, 2011–2015
        • Table German Personal Accident and Health Insurance – Assets and Investments, 2015–2020
      • Direct marketing and e-commerce
        • Table German Personal Accident and Health Insurance – Direct Marketing and ECommerce, 2011–2015
        • Table German Personal Accident and Health Insurance – Direct Marketing and ECommerce, 2015–2020
      • Insurance brokers and agencies
        • Table German Personal Accident and Health Insurance – Insurance Brokers and Agencies, 2011–2015
        • Table German Personal Accident and Health Insurance – Insurance Brokers and Agencies, 2015–2020
      • Bancassurance and other distribution channels
        • Table German Personal Accident and Health Insurance – Bancassurance and Other Distribution Channels, 2011–2015
        • Table German Personal Accident and Health Insurance – Bancassurance and Other Distribution Channels, 2015–2020
      • Personal accident insurance
        • Table German Personal Accident and Health Insurance – Personal Accident Insurance, 2011–2015
        • Table German Personal Accident and Health Insurance – Personal Accident Insurance, 2015–2020
      • Health insurance
        • Table German Personal Accident and Health Insurance – Health Insurance, 2011–2015
        • Table German Personal Accident and Health Insurance – Health Insurance, 2015–2020
      • Travel insurance
        • Table German Personal Accident and Health Insurance – Travel Insurance, 2011–2015
        • Table German Personal Accident and Health Insurance – Travel 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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