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

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

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Portugal, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Portuguese personal accident and health insurance segment, including:

  • An overview of the Portuguese personal accident and health insurance segment
  • The Portuguese personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Portuguese economy and demographics
  • A comparison of the Portuguese personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Portuguese personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Portugal
  • Details of regulatory policy applicable to the Portuguese insurance industry
Summary

Timetric’s 'Personal Accident and Health Insurance in Portugal, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Portuguese personal accident and health insurance segment, and a comparison of the Portuguese 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 Portuguese 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.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Portugal:
  • It provides historical values for the Portuguese 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 Portuguese personal accident and health insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Portuguese 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 Portugal.
  • It profiles the top personal accident and health insurance companies in Portugal, 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 Portuguese personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Portuguese 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 Portuguese insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The Portuguese personal accident and health segment accounted for 10.1% of the industry’s gross written premium in 2015.
  • The Portuguese healthcare system came under financial pressure during the European sovereign debt crisis and a fall in healthcare expenditure.
  • Travel insurance was the second-largest category, accounting for 11.9% of the segment’s direct written premium in 2015. The category’s growth was supported by an increase in outbound and adventure tourism.
  • The rise of low-cost carriers brought a new wave of tourism, and also contributed to the development of domestic tourism in Portugal.


  • Key Facts and Highlights
    • Table Portuguese Personal Accident and Health Insurance - Key Facts, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Portuguese Government Credit Ratings
  • Segment Outlook
    • Table Portuguese to US Travelers - Thousands, 2012-2015
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Portuguese Personal Accident and Health Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Penetration (%), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2015-2020
        • Table Portuguese Personal Accident and Health Insurance - Penetration (%), 2015-2020
        • Table Portuguese Personal Accident and Health Insurance - Premium per Capita (EUR and US$), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Premium per Capita (EUR and US$), 2015-2020
      • Policies sold
        • Table Portuguese Personal Accident and Health Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Portuguese Personal Accident and Health Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
      • Profitability
        • Table Portuguese Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
      • Investments
        • Table Portuguese Personal Accident and Health Insurance - Total Investment Income (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Total Investment Income (EUR Million and US$ Million), 2015-2020
        • Table Portuguese Personal Accident and Health Insurance - Investment Portfolio (EUR Million), 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Investment Portfolio (EUR Million), 2015-2020
  • Outlook by Category
    • Table Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2011-2015
    • Table Portuguese Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2015-2020
    • Personal Accident Insurance
      • Premium
        • Table Portuguese Personal Accident Insurance - Direct Written Premium (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Personal Accident Insurance - Direct Written Premium (EUR Million and US$ Million), 2015-2020
      • Policies
        • Table Portuguese Personal Accident Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Portuguese Personal Accident Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Portuguese Personal Accident Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Personal Accident Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
      • Profitability
        • Table Portuguese Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Portuguese Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Premium
        • Table Portuguese Health Insurance - Direct Written Premium (EUR Million), 2011-2015
        • Table Portuguese Health Insurance - Direct Written Premium (EUR Million), 2015-2020
      • Policies
        • Table Portuguese Health Insurance - Number of Policies Sold (Thousand), 2011-2015
        • Table Portuguese Health Insurance - Number of Policies Sold (Thousand), 2015-2020
      • Claims
        • Table Portuguese Health Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Health Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
      • Profitability
        • Table Portuguese Health Insurance - Loss Ratio (%), 2011-2015
        • Table Portuguese Health Insurance - Loss Ratio (%), 2015-2020
    • Travel Insurance
      • Premium
        • Table Portuguese Travel Insurance - Direct Written Premium (EUR Million), 2011-2015
        • Table Portuguese Travel Insurance - Direct Written Premium (EUR Million), 2015-2020
      • Policies
        • Table Portuguese Travel Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Portuguese Travel Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Portuguese Travel Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
        • Table Portuguese Travel Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
      • Profitability
        • Table Portuguese Travel Insurance - Loss Ratio (%), 2011-2015
        • Table Portuguese Travel Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
    • Analysis by Distribution Channel
      • Table Portuguese Personal Accident and Health Insurance - Direct Written Premium by Distribution Channel (EUR Million), 2011-2015
      • Table Portuguese Personal Accident and Health Insurance - Direct Written Premium by Distribution Channel (EUR Million), 2015-2020
      • Table Portuguese Personal Accident and Health Insurance - Percentage of Direct Written Premium, by Distribution Channel, 2011-2020
  • Competitive Landscape
    • Table Portuguese Personal Accident and Health Insurance - Leading Insurers, 2015
    • Company Profiles
      • Fidelidade Companhia de Seguros SA - company overview
        • Table Fidelidade Companhia de Seguros SA - Key Facts
      • GNB Vida Companhia de Seguros SA - company overview
        • Table GNB Vida Companhia de Seguros SA - Key Facts
      • Ocidental, Companhia Portuguesa de Seguros de Vida SA - company overview
        • Table Ocidental - Companhia Portuguesa de Seguros de Vida SA - Key Facts
      • Santander Totta Seguros, Companhia de Seguros de Vida - company overview
        • Table Santander Totta Seguros - Companhia de Seguros de Vida - Key Facts
      • Eurovida, Companhia de Seguros de Vida SA - company overview
        • Table Eurovida - Companhia de Seguros de Vida SA - Key Facts
  • Governance, Risk and Compliance
    • Table Portugal - 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 Portugal - Life Insurance Regulatory Framework
      • Property insurance
        • Table Portugal - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Portugal - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Portugal - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor vehicle third-party liability insurance
      • Workers' compensation insurance
      • Fire insurance for property damage
      • Air carriers and aircraft operators insurance
        • Table Portugal - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
      • Professional indemnity insurance for alternative investment fund managers
      • Liability insurance for tour operators
      • Health insurance for foreigners
      • Professional liability insurance for insurance intermediaries
      • Environmental liability insurance
      • Clinical trials liability insurance
      • Liability insurance for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • European Insurance and Occupational Pensions Authority
      • Federation of European Risk Management Associations
      • Insurance and Pension Fund Supervision Authority
      • Portuguese Association of Insurers
    • 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 Portugal - Stamp Duty on Insurance Premium
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Portugal - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Portuguese Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
      • Table Portuguese Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Portuguese Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Portuguese Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Assets and Investments, 2015-2020
      • Direct marketing and e-commerce
        • Table Portuguese Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Direct Marketing and ECommerce, 2015-2020
      • Insurance brokers and agencies
        • Table Portuguese Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2015-2020
      • Bancassurance and other distribution channels
        • Table Portuguese Personal Accident and Health Insurance - Bancassurance and Other Distribution Channels, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Insurance Brokers and Agencies, 2015-2020
      • Personal accident insurance
        • Table Portuguese Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
      • Health insurance
        • Table Portuguese Personal Accident and Health Insurance - Health Insurance, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Health Insurance, 2015-2020
      • Health insurance by product
        • Table Portuguese Personal Accident and Health Insurance - Health by Product, 2011-2015
        • Table Portuguese Personal Accident and Health Insurance - Health by Product, 2015-2020
      • Travel insurance
        • Table Portuguese Personal Accident and Health Insurance - Travel Insurance, 2011-2015
        • Table Portuguese 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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