Mexico Insurance Market Intelligence "The overall performance of the Mexican insurance business has been profitable in the recent years and has maintained its position as the second largest insurance market in Latin America, in terms of gross premiums. Liberalization of the insurance market has opened the gates for a number of foreign insurance players to establish and strengthen their presence in the Mexican market. The insurance market of...more
France Insurance Market Intelligence "The French insurance sector has consolidated its position as the fifth largest in the world and third largest in Europe. The French insurance market has undergone notable changes in the last two decades. The creation of the European Union (EU) brought new regulations, which had major effects on the industry. More recently, new European regulatory measures and French regulations, like Financial Security Act,...more
The word insurance in law and economics, means a kind of risk management to deal with a sudden, uncertain loss. One can get insurance for things ranging between buildings to cars. Ones house is the primary belonging which one would want to insure because centering on this very house all other properties come into existence. There are many companies which provide building insurances, either directly or indirectly. By indirectly we generally mean online. When a person looks for building insurance, the major thing that lingers in his mind is that he needs to get insurance at cheaper rates. It is always a bad idea to compromise on the quality of the building insurance. All you need to understand that you have a reliable insurer and that you are sufficiently covered. Finding the right building insurance is never as issue. All you need to do is find it! There are many companies which are reliable and one can go with them without hesitation or spending hours on the internet. Building insurance generally covers or protects the structure of your house against various incidents like storm, fire, theft, burst pipes, explosions and others. It covers the cost of rebuilding and restructuring...more
Netherlands Insurance Market Intelligence "The Netherlands (Dutch) insurance industry is characterized by the strong growth rate it has registered in past few years, mainly on the back of its liberal regulatory environment and open distribution structure. However, the recent changes in the market trends have haltered its growth, followed by a...more
If you are the owner of a good deal of property, you might be considering the option of renting it out to some tenant. This is a good way of earning money and if you are not in urgent need of a bulk of money, this is a much better option than selling your property. Selling your assets mean that lose them forever, but if you rent it out, the...more
Belgium Insurance Market Intelligence "The financial system of Belgium is dominated by four large bancassurance conglomerates, which contribute nearly half of the total insurance premiums. Growing economy and the resultant increase in income, consumer spending and increased awareness of savings and better returns have supported the growth of the insurance industry in Belgium. Moreover, government policies, such as tax exemption, strengthening bancassurance channels, have also driven the increase in premium income in the past few years.Insurance industry in Belgium is categorized into life and non-life segments. Annual premium witnessed a decrease in local currency from 2007 to 2008, on account of liquidity crisis as well as decline in life insurance premiums. The life insurance products suffered from intense competition from other products, like bank deposits that offered attractive rates. This shifted the consumers preferences from life insurance policies to other products and led to a decline in premiums in 2008. The life insurance segment has always dominated the market, due to certain benefits attached with the products, like tax exemption, better returns, as well as savings....more
Indonesia Insurance Market Intelligence "The Indonesian insurance market continues to offer growth opportunities and attract new players, despite certain unfavorable government rules and regulations. The industry has registered a tremendous growth...more
Japan Insurance Market Intelligence "Japan is the third largest player worldwide in terms of insurance premium. Despite this, the Japanese insurance industry has been declining since the past few years. This decline is attributed to high penetration...more
Malaysia Insurance Market Intelligence "The Malaysian insurance market continues to be one of the fastest growing markets for insurance products across the Asian continent. The countrys insurance market has been exhibiting growth on account of...more
Singapore Insurance Market Intelligence "Singapore has one of the most developed insurance markets in Asia. The insurance industry of Singapore has been growing at an impressive growth rate on account of the increasing demography of ageing...more
South Korea Insurance Market Intelligence "The South Korean insurance industry has come a long way from being a largely closed industry to being an open industry now, due to several changes that happened in the last few decades. The industry...more
Taiwan Insurance Market Intelligence "The insurance industry of Taiwan is the one of the largest insurance markets in the Asia pacific region. The industry has been growing mainly on account liberalization policies of the government, increased...more