Thursday 8 January 2015

Market Personal Accident And Health Insurance Report In Peru, Key Trends And Opportunities To 2018

The report provides in-depth market analysis, information and insights into the Peruvian personal accident and health insurance segment, including:

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The Peruvian personal accident and health insurance segment’s growth prospects by insurance category
Key trends and drivers for the personal accident and health insurance segment
The various distribution channels in the Peruvian personal accident and health insurance segment
The detailed competitive landscape in the personal accident and health insurance segment in Peru
Detailed regulatory policies of the Peruvian insurance industry
Analysis of various consumer segments in Peruvian personal accident and health insurance
Key developments in the Peruvian personal accident and health insurance segment
New products launched by Peruvian personal accident and health insurers

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Executive summary

The gross written premium of the Peruvian personal accident and health insurance segment accounted for 10.0% of the insurance industry in 2013. In terms of the value, the gross written premium grew at a compound annual growth rate (CAGR) of 12.4% during the review period (2009–2013). Health insurance was the largest category with 73.7% of the segment’s gross written premium in 2013, followed by personal accident insurance with 2.8%. Rising healthcare expenditure, changing regulatory reforms in the insurance industry, and increased consumer awareness supported the growth of personal accident and health insurance in Peru.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Peru:

It provides historical values for the Peruvian personal accident and health insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key categories in the Peruvian personal accident and health insurance segment, along with market forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for personal accident and health insurance products in Peru.
It profiles the top personal accident and health insurance companies in Peru and outlines the key regulations affecting them.

Key highlights

Personal accident and health insurance is expected to be driven by increases in healthcare expenditure and outbound travel.
The personal accident and health insurance segment accounted for 10.0% of the Peruvian insurance industry’s gross written premium in 2013.
Personal accident insurance is compulsory for individuals working in high-risk professions such as mining and fishing, while the SOAT covers expenses of the policyholder or any other third party involved in a motor accident.
Health insurance was the largest category with 73.7% of the segment’s gross written premium, followed by personal accident with 2.8% in 2013.
Rising healthcare expenditure, changing regulatory reforms in the insurance industry, and increased consumer awareness supported the segment’s growth during the review period.

Reasons to buy

Make strategic business decisions using in-depth historic and forecast market data related to Peruvian personal accident and health insurance segment and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Peruvian personal accident and health insurance segment.
Assess the competitive dynamics in the personal accident and health insurance segment.
Identify the growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Peruvian insurance industry and their impact on companies and the industry's future.

Table of Contents


1 Key Facts and Events

2 Executive Summary

3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology

4 Peruvian Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009–2018

5 Personal Accident and Health Insurance Segment Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges
5.5 Personal Accident and Health Insurance Growth Prospects by Category

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