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

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

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Luxembourg, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Luxembourg 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 claims during the review period (2010–2014) and over the forecast period (2014–2019).

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

  • The Luxembourg personal accident and health insurance segment’s growth prospects by insurance category
  • The key trends, drivers and challenges for the personal accident and health insurance segment
  • A comprehensive overview of Luxembourg's economy and demographics
  • The various distribution channels in the Luxembourg personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Luxembourg
  • Details of regulatory policies applicable to the Luxembourg insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Luxembourg:
  • It provides historical values for the Luxembourg 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 Luxembourg personal accident and health insurance segment, and market forecasts to 2019.
  • It analyzes the various distribution channels for personal accident and health insurance products in Luxembourg.
  • It profiles the top personal accident and health insurance companies in Luxembourg, 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 Luxembourg personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Luxembourg 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 Luxembourg insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Luxembourg has a compulsory public health system that offers universal cover and the ability to choose hospitals and doctors, leaving little scope for private insurance.
  • The personal accident and health segment accounted for 0.8% of the industry’s gross written premium in 2014, remaining resilient to economic difficulties and recording robust growth.
  • Changing demographics and an emphasis on providing high-quality affordable healthcare are expected to drive growth in the segment over the forecast period.
  • Many private health insurers primarily focused on the country’s large expatriate and immigrant population.


  • Key Facts and Highlights
    • Table Luxembourg Personal Accident and Health Insurance - Key Facts, 2014
  • Executive Summary
  • Economy and Demographics
    • Table Luxembourg 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 Luxembourg Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Gross Written Premium by Category (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Net Earned Premium (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Paid Claims by Category (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Paid Claims by Category (US$ Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Paid Claims by Category (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Paid Claims by Category (US$ Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Incurred Loss by Category (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Incurred Loss by Category (US$ Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium by Category (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium by Category (US$ Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium by Category (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium by Category (US$ Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Commission and Expenses (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Total Assets (EUR Million), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Total Assets (EUR Million), 2014-2019
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium as a Percentage of Gross Written Premium (%), 2010-2014
      • Table Luxembourg Personal Accident and Health Insurance - Net Written Premium as a Percentage of Gross Written Premium (%), 2014-2019
      • Personal accident insurance
        • Table Luxembourg Personal Accident Insurance - Direct Written Premium (EUR Million), 2010-2014
        • Table Luxembourg Personal Accident Insurance - Direct Written Premium (EUR Million), 2014-2019
        • Table Luxembourg Personal Accident Insurance - Loss Ratio (%), 2010-2014
        • Table Luxembourg Personal Accident Insurance - Loss Ratio (%), 2014-2019
      • Travel insurance
        • Table Luxembourg Travel Insurance - Direct Written Premium (EUR Million), 2010-2014
        • Table Luxembourg Travel Insurance - Direct Written Premium (EUR Million), 2014-2019
        • Table Luxembourg Travel Insurance - Loss Ratio (%), 2010-2014
        • Table Luxembourg Travel Insurance - Loss Ratio (%), 2014-2019
      • Health insurance
        • Table Luxembourg Health Insurance - Gross Written Premium (EUR Million), 2010-2014
        • Table Luxembourg Health Insurance - Gross Written Premium (EUR Million), 2014-2019
        • Table Luxembourg Health Insurance - Direct Written Premium (EUR Million), 2010-2014
        • Table Luxembourg Health Insurance - Direct Written Premium (EUR Million), 2014-2019
        • Table Luxembourg Health Insurance - Paid Claims (EUR Million), 2010-2014
        • Table Luxembourg Health Insurance - Paid Claims (EUR Million), 2014-2019
        • Table Luxembourg Health Insurance - Loss Ratio (%), 2010-2014
        • Table Luxembourg Health Insurance - Loss Ratio (%), 2014-2019
        • Table Luxembourg Health Insurance - Net Written Premium (EUR Million), 2010-2014
        • Table Luxembourg Health Insurance - Net Written Premium (EUR Million), 2014-2019
  • Analysis by Distribution Channel
  • Competitive Landscape and Strategic Insights
    • Overview
    • Leading Companies in the Luxembourg Personal Accident and Health Insurance Segment
      • Table Luxembourg Personal Accident and Health Insurance - Segment Shares (%), 2014
      • Globality SA - company overview
        • Table Globality SA, Key Facts
        • Table Globality SA - Key Financials (EUR Million), 2012-2014
      • DKV Luxembourg - company overview
        • Table DKV Luxembourg, Key Facts
        • Table DKV Luxembourg - Key Financials (EUR Million), 2010-2014
      • National General Insurance Luxembourg SA - company overview
        • Table National General Insurance Luxembourg SA Key Facts
      • Foyer Santé - company overview
        • Table Foyer Santé - Key Facts
        • Table Foyer Santé - Key Financials (EUR Million), 2010-2014
      • Axa Assurances Luxembourg - company overview
        • Table Axa Assurances Luxembourg, Key Facts
        • Table Axa Assurances Luxembourg - Key Financials (EUR Million), 2010-2014
      • La Luxembourgeoise - company overview
        • Table La Luxembourgeoise, Key Facts
        • Table La Luxembourgeoise - Key Financials (EUR Million), 2010-2014
      • Foyer Assurances - company overview
        • Table Foyer Assurances, Key Facts
        • Table Foyer Assurances - Key Financials (EUR Million), 2010-2014
      • Swiss Re International - company overview
        • Table Swiss Re International, Key Facts
        • Table Swiss Re International - Key Financials (EUR Million), 2010-2014
      • Baloise Assurances Luxembourg SA - company overview
        • Table Baloise Assurances Luxembourg SA, Key Facts
      • Arisa Assurances - company overview
        • Table Arisa Assurances, Key Facts
  • Governance, Risk and Compliance
    • Table Luxembourg - 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 Luxembourg - Life Insurance Regulatory Framework
      • Property insurance
        • Table Luxembourg - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Luxembourg - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Luxembourg - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance (MTPL)
      • Social insurance system
      • Air carriers and aircraft operators liability insurance
        • Table Luxembourg - Minimum Cover for Aircraft Third-Party Liability Per Accident Per Aircraft
      • Marine insurance
      • Professional indemnity insurance for alternative investment fund managers
    • Supervision and Control
      • International Association of Insurance Supervisors (IAIS)
      • European Insurance and Occupational Pensions Authority (EIOPA)
      • Insurance Commission (Commissariat aux Assurance)
      • Federation of European Risk Management Associations (FERMA)
      • Association of Insurance Companies and Reinsurance (ACA)
    • 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 Luxembourg - Insurance Premium Taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Luxembourg - Corporate Tax Rate for the Financial Year 2015
      • 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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