Synopsis
The report provides in depth market analysis, information and insights into the Chilean personal accident and health insurance market, including:
The Chilean personal accident and health insurance markets growth prospects by personal accident and health insurance categories
The various distribution channels in the Chilean personal accident and health insurance market
The competitive landscape in the personal accident and health insurance market
A description of the personal accident and health reinsurance market in Chile
Summary
The Chilean personal accident and health insurance segment recorded strong growth in gross written premiums during the review period (20072011). This growth was driven by the countrys implementation of compulsory personal accident insurance, the rising health awareness among consumers and the increasing volume of outbound tourists from Chile. The countrys stable macroeconomic environment is expected to drive the growth of personal accident and health insurance over the forecast period. In addition, the segment will benefit from the countrys increasing consumer healthcare expenditure, obligatory personal accident insurance and favorable regulatory framework.Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Chile:
It provides historical values for the Chilean personal accident and health insurance market for the review period (20072011) and forecast period (20122016)?
It offers a detailed analysis of the key sub-segments in the Chilean personal accident and health insurance market, along with market forecasts until 2016
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 Chile?
Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Chile for the personal accident and health insurance business
It provides a detailed analysis of the reinsurance market in Chile and its growth prospects
It profiles the top personal accident and health insurance companies in Chile 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 Chilean personal accident and health insurance market and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Chilean personal accident and health insurance market
Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Chilean insurance market and its impact on companies and the market?s future
Key Highlights
The steady growth in GDP and annual disposable income levels in Chile supported the expansion of the countrys personal accident and health insurance segment during the review period.?
The countrys improving health awareness and increasing annual disposable income will together encourage more citizens to purchase personal accident and health insurance products over the forecast period.?
Changing lifestyle patterns and improving health awareness among the Chilean population is encouraging more healthcare expenditure among citizens in the country. The demand for travel insurance in Chile has increased due to the rising volume of outbound tourists in the country.?
The SVS made personal accident insurance mandatory for all motor owners, who must purchase obligatory insurance at the same time as they acquire vehicle registration.?
Metlife Chile Seguros de Vida SA is the leading foreign insurer in Latin America, and is providing tough competition to the dominant local insurers in the country. The other leading Chilean personal accident and health insurance companies include BICE Vida, EuroAmerica, Cardif, BCI Vida, Security Vida, Santander, Sura, Cruz del Sur and ACE Seguros de Vida.
Original Post Personal Accident and Health Insurance in Chile, Key Trends and Opportunities to 2016 source Researchmoz Market Research
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