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

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Norway Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Norwegian personal accident and health insurance segment, and a comparison of the Norwegian insurance industry with its regional counterparts.

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 Norwegian 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 Norway, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Norwegian personal accident and health insurance segment, including:

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

This report provides a comprehensive analysis of the personal accident and health insurance segment in Norway:
  • It provides historical values for the Norwegian 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 Norwegian personal accident and health insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Norwegian personal accident and health insurance segment with its regional counterparts.
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Norway.
  • It profiles the top personal accident and health insurance companies in Norway, 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 Norwegian personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian 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 Norwegian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The personal accident and health segment accounted for 7.2% of the overall insurance gross written premium in Norway in 2015.
  • Private health insurance is mainly purchased by employers as supplementary policies on behalf of employees.
  • The travel category accounted for the largest share, with 50.3% in 2015.
  • To meet growing demand, health insurers are launching innovative health insurance products to private customers in addition to corporate buyers.


  • Key Facts and Highlights
    • Table Norwegian Personal Accident and Health Insurance - Key Facts, 2015
    • Table Norwegian Personal Accident and Health Insurance - Segment Shares (%) of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Norwegian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium
        • Table Norwegian Personal Accident and Health Insurance - Gross Written Premium (NOK Billion and US$ Billion), 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Gross Written Premium (NOK Billion and US$ Billion), 2015-2020
      • Profitability
        • Table Norwegian Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Norwegian Personal Accident and Health Insurance - Total Assets (NOK Billion and US$ Billion), 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Total Assets (NOK Billion and US$ Billion), 2015-2020
        • Table Norwegian Personal Accident and Health Insurance - Total Investment Income (NOK Billion and US$ Million), 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Total Investment Income (NOK Billion and US$ Million), 2015-2020
        • Table Norwegian Personal Accident and Health Insurance - Investment Portfolio (NOK Billion), 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Investment Portfolio (NOK Billion), 2015-2020
  • Outlook by Category
    • Table Norwegian Personal Accident and Health Insurance - Gross Written Premium by Category (NOK Billion),2011-2015
    • Table Norwegian Personal Accident and Health Insurance - Gross Written Premium by Category (NOK Billion), 2015-2020
    • Personal Accident Insurance
      • Premium
        • Table Norwegian Personal Accident Insurance - Gross Written Premium (NOK Billion and US$ Million), 2011-2015
        • Table Norwegian Personal Accident Insurance - Gross Written Premium (NOK Billion and US$ Million), 2015-2020
      • Profitability
        • Table Norwegian Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Norwegian Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Premium
        • Table Norwegian Health Insurance - Gross Written Premium by Sub-Category (NOK Billion and US$ Million ), 2011-2015
        • Table Norwegian Health Insurance - Gross Written Premium by Sub-Category (NOK Billion and US$ Million), 2015-2020
      • Policies
        • Table Norwegian Health Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Norwegian Health Insurance - Number of Policies Sold (Million), 2015-2020
      • Profitability
        • Table Norwegian Health Insurance - Loss Ratio (%), 2011-2015
        • Table Norwegian Health Insurance - Loss Ratio (%), 2015-2020
    • Travel Insurance
      • Premium
        • Table Norwegian Travel Insurance - Gross Written Premium (NOK Billion), 2011-2015
        • Table Norwegian Travel Insurance - Gross Written Premium (NOK Billion), 2015-2020
      • Policies
        • Table Norwegian Travel Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Norwegian Travel Insurance - Number of Policies Sold (Million), 2015-2020
      • Profitability
        • Table Norwegian Travel Insurance - Loss Ratio (%), 2011-2015
        • Table Norwegian Travel Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Norwegian Personal Accident and Health Insurance Industry - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Gjensidige - company overview
        • Table Gjensidige - Key Facts
      • SpareBank 1 Forsikring - company overview
        • Table Sparebank 1 Skadeforsikring - Key Facts
      • Storebrand Forsikring - company overview
        • Table Storebrand - Key Facts
      • DNB Forsikring - company overview
        • Table DNB Forsikring - Key Facts
      • Nordea Insurance - company overview
        • Table Nordea - Key Facts
  • Governance, Risk and Compliance
    • Table Norway - 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 Norway- Life Insurance Regulatory Framework
      • Property insurance
        • Table Norway - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Norway - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Norway - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Workmen's compensation insurance
      • Motor third-party liability insurance
      • Air carriers and aircraft liability insurance
        • Table Norway - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
      • Natural disaster insurance for property cover
      • Professional indemnity insurance for alternative investment fund managers
      • Professional indemnity insurance for insurance brokers
      • Third-party liability insurance for remotely piloted aerial vehicles
      • Third-party liability insurance for nuclear facilities
      • Clinical trials liability insurance
      • Liability for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • The Financial Supervisory Authority of Norway
      • The Nordic Association of Marine Insurers
    • Non-Admitted Insurance Regulation
      • 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 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 Norway - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Norwegian Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
      • Table Norwegian Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Norwegian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Norwegian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
      • Personal accident insurance
        • Table Norwegian Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
      • Health insurance
        • Table Norwegian Personal Accident and Health Insurance - Health Insurance, 2011-2015
        • Table Norwegian Personal Accident and Health Insurance - Health Insurance, 2015-2020
      • Travel insurance
        • Table Norwegian Personal Accident and Health Insurance - Travel Insurance, 2011-2015
        • Table Norwegian 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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