Monday, January 16, 2017

Rising Seed Production & Food Security Coupled with Sustainable Rice and Corn Production to Support Seed Sector in Philippines: Ken Research

The Philippines government has taken number of steps to assure the quality of the seeds to be distributed and to strengthen food security in the country. The seed producers have to take certification from the government in order to distribute the seeds in the market. Furthermore, the food inspectors of the government organizations do a quality assurance of the field where the seeds are developed. This has increased the food security and improved the quality of the seeds used in the country over the past few years.




Aligning with the rising food security, the production for rice and corn has also enhanced. Rising pressure on the production of rice owing to the growing population, diminishing growth rate of rice production area, leveling-off of rice yield have increased the pressure on the manufacturers of the rice in the country. It has been also anticipated that the population will further increase which will increase the demand of rice by 40-50% as compared to the current demand. Hybrid rice is more efficient and it also increases the productivity and quality of the rice. Hybrid Seeds offer a major advantage in terms of increased yield of up to 100%. Additionally, single cross hybrid seeds offer benefits in terms of better planning and easier handling of seed production as against the multi-parent cross variety of seeds. Owing to the high prices of single cross hybrid seeds, their increased adoption by various private seed companies has escalated the revenues of the Philippines seed industry.
Production of corn has also magnified in the last few years. Corn is the second most important crop in the Philippines. Yellow corn is mainly used and traded as raw material for animal feeds (almost 70% of the annual national corn production). During the last four decades, marked developments were made in terms of the provision of various corn seed technologies in Philippines. Majority of the farmers in the country are adopting modern technology to grow corn to meet the rising demand for the corn. The modern technologies used in the production of corn provide ample of benefits in the production.
The seed supply system in Philippines has a direct correlation with the research sector indulged in seed variety development phase. The research system in Philippines is of little relevance because seed varieties which are introduced do not correspond with the farmers’ need and on farm improved seed production is not strengthened.
In line with the major trends which have governed the seed industry in Philippines, there are few challenges as well that has undermined the growth. Poor adaptation of new varieties to most farmer conditions, lack of on-farm variety testing for farmer evaluation and a large number of seed varieties available in the market makes it difficult for the farmer to choose. These factors have constrained the growth of seed industry in Philippines. Additionally, in certain cases, national breeding programs remain unrelated to the actual needs of farmers, and this implies the cause for large quantity of seed or vegetative propagated material imported for certain crops.

The report titled “Philippines Seed Market Outlook to 2021” provides detailed overview on the Seed market in Philippines. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for seed manufacturers, seed coating companies, fertilizers companies, pesticides and crop protection chemical companies, agricultural department and ministries and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
For more information about the publication, refer to the following link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/philippinesp-seed-industry-report/80167-104.html
Related Reports:
India Seed Coating Market Outlook to 2021 - Surge in Seed Production and Demand for Polymer Coatings to Shape Future
Thailand Seed Industry Outlook to 2018 - Government Support and Technological Advancement to Escalate Productivity
India Seed Market Outlook to FY’2020 – Rapid Hybridization and Increased Government Support to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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Location: Philippians, Taytay, Rizal, Philippines

Friday, January 13, 2017

Africa Telemedicine Industry Analysis: Ken Research

Albeit recent improvements in the country’s health care services; the health of large proportion of Africans is still not at par. The continent is deprived of basic healthcare conditions which could be justified by the basic indicators of health such as high child and maternal mortality rates, low birth weights of the children, and poor sanitation and healthcare access.
These problems are combined with lack of high quality network infrastructure, which also eliminates the possibility of better healthcare opportunities with the help of telemedicine. Most African countries have poor broadband and internet infrastructure which is critical for the roll out of telediagnosis, teleconsultation, teletreatment and telemonitoring through teleclinics. The countries are in urgent need for upgradation of information and communication (ICT) tools to improve the digital environment and enable the feasibility of electronic healthcare. Some countries such as South Africa and Ethiopia have made significant progress in their ICT infrastructure whereas countries such as Burkina Faso and Nigeria have been slow in implementing changes due to lack of political will.
telemedicine-industry
Government of Kenya launched its first phase of the National Telemedicine Initiative in year 2013, which aims to improve access to better healthcare for economically challenged people and people living in rural regions of the country. The telemedicine program is planned to provide a platform that will be capable to help patients and healthcare providers residing in rural areas to have interaction with healthcare experts at Kenya’s main referral hospital, Kenyatta National Hospital (KNH) with the help of videoconferencing.
mHealth can help in providing primary healthcare services to low income medical insurance holders and can assist in curbing the inequality across public and private healthcare services. In 2015, it was recorded that only 14% of the South African population had access to 57% of the total health expenditure of South Africa, which clearly advocates the inequality scenario.
Amongst all the African states, Nigeria has one of the highest numbers of health professionals; however the availability of the midwives and nurses is still low which implicates the lack of primary healthcare delivery. Moreover the health professionals are cluttered in the urban areas in southern part of country mainly in Lagos, providing tertiary health care facilities.
Most of the healthcare services are provided by the government in Ghana and Ghana Health Services (GHS). The complete healthcare scenario has five levels of providers: health posts which are first level primary care for rural areas, health centers and clinics, district hospitals, regional hospitals, and tertiary hospitals.
Key Factors Considered in the Report
  • South Africa Ehealth Market
  • Telemedicine Industry Trends
  • Telehealth industry statistics
  • Healthcare IT Market in Africa
  • E-Health Market Growth Africa
  • Case Study Telemedicine Africa
  • Potential Telemedicine in Africa
  • MHealth Industry Growth in Africa
  • E-health industry ICT Government
  • M-Health Industry Performance Africa
  • Primary Healthcare Services Online Africa
For more information on the market research report please refer to the below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Africa Telemedicine Future Outlook and opportunities: Ken Research

What is the Current Scenario of Healthcare in Africa?
Albeit recent improvements in the country’s health care services; the health of large proportion of Africans is still not at par. Sub-Saharan Africa is home of ~% of the global population; however, it carries ~% of the world’s disease burden. The continent is deprived of basic healthcare conditions which could be justified by the basic indicators of health such as high child and maternal mortality rates, low birth weights of the children, and poor sanitation and healthcare access. Moreover, Africa has only ~ physicians per 1,000 people as of 2014 despite of the presence of widespread communicable diseases.
telemedicine-market-size-750x375
These problems are combined with lack of high quality network infrastructure, which also eliminates the possibility of better healthcare opportunities with the help of telemedicine. Most African countries have poor broadband and internet infrastructure which is critical for the roll out of telediagnosis, teleconsultation, teletreatment and telemonitoring through teleclinics. The countries are in urgent need for upgradation of information and communication (ICT) tools to improve the digital environment and enable the feasibility of electronic healthcare. Some countries such as South Africa and Ethiopia have made significant progress in their ICT infrastructure whereas countries such as Burkina Faso and Nigeria have been slow in implementing changes due to lack of political will.
Over that, installing equipment for facilitating e-diagnosis requires heavy investment, which surfaces as a hindrance for companies to venture into this space. Moreover, healthcare professionals don’t prefer to take the risk of utilizing substandard medical instruments for the same, as it could lead to misdiagnosis through unclear images and even lead to malpractice suits.
Telemedicine So Far
Government of Kenya launched its first phase of the National Telemedicine Initiative in year 2013, which aims to improve access to better healthcare for economically challenged people and people living in rural regions of the country. The telemedicine program is planned to provide a platform that will be capable to help patients and healthcare providers residing in rural areas to have interaction with healthcare experts at Kenya’s main referral hospital, Kenyatta National Hospital (KNH) with the help of videoconferencing. The initiative is a partnership project of Kenya’s Ministry of Health and German pharmaceutical company Merck Group. The telemedicine initiative will link KNH to the Machakos Level Five Hospital located in the eastern parts of the country.
What are the Some of the E-Health Projects in South Africa?
Teledermatology
This particular project makes use of simple and cheap store and forward technology to transmit patient images electronically to a specialist for diagnosis and treatment. Currently in pilot stage, the project utilizes email to enhance dermatological care in relatively rural areas of South Africa…
Teleradiology
The Pretoria Academic Hospital (PAH) is a tertiary institution serving people residing in Mpumulanga and nearby regions; is considered as final referral center for neurological problems. The hospital has team of specialists who are experienced and expert in preventing damages, permanent disabilities and other sequelae after precipitating event (stroke, motor vehicle accident, etc)…
Mindset Health Channel
Mindset Health Channel was launched in year 2003 with the partnership between the National Department of Health (DoH), Mindset and Sentech. The channel was started with an aim to implement a satellite broadcast channel to spread medical knowledge about HIV/AIDS to healthcare workers across healthcare facilities in the nation.
Primary Health Care Telemedicine Workstation
In 2004, South African Medical Research Council (MRC) and Stellenbosch University collaborated on a project to develop workstations equipped with panel of devices, software and computer interface for medical practice and video conferencing in a workstation.
SOUTH AFRICA / CHINA BILATERAL AGREEMENT
South Africa and China have signed several bilateral agreements in the field of healthcare in the last couple of decades to explore healthcare opportunities among various other aims. As a result, South African telemedicine companies have benefited significantly. For instance, Telemedicine Africa, South Africa based telemedicine products company, has been working with Yunnan SUNPA Image Tel Tech Co., LTD (SUNPA), China based telemedicine products company on research projects since 2003, as part of the South Africa-China science and technology bilateral agreement on technology transfer…
RAPID DEPLOYMENT FIELD HOSPITAL / MOBILE PATHLAB
eHealth Research and Innovation Platform Division of South Africa government designed specialized shipping containers under the Mobile Pathlab program that can be used in remote locations and harsh conditions for diagnostics purposes.
Key Factors Considered in the Report
Comprehensive analysis of Africa E-Health space with new ventures in the space
Identified major developments in last few years and assessed the future growth of the industry
Government initiatives taken to stimulate the growth of the market along with future government plans to improve the health conditions in the country through electronic medium 
mHealth Opportunity Uganda
Nigeria Telemedicine Market
Telemedicine Market Growth
Telemedicine Adoption Africa
Telemedicine Centers in Africa
Telemedicine Technology Africa
Telepathology Industry Overview
Bostwana Telemedicine Challenges
Healthcare Delivery Model ehealth Africa
Rural Implementation Telemedicine Africa
For more information about the publication, refer to below link:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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The Freight Forwarding Market is Forecasted to Dominate the Saudi Arabia Logistics Market in Coming Future : ken Research

The global market of logistics & warehousing services has shown a robust growth over the past few years owing to the increasing globalization and expanding retail & FMCG market. Also, the rising e-tail market worldwide has also positively impacted the market size of logistics industry. The companies operating in e-commerce sector requires warehouses and logistic partners in every country of the world in which they are operating.



Rising government support in all the countries to improve trade relations with other countries, improving infrastructure (roadways, railways, airports and seaports), modern technologies, increasing number of logistics and warehousing service providers has driven the size of the industry.
Asia pacific has majorly contributed to the revenues of the global logistics & warehousing market. The demand for logistics and warehousing services in emerging economies in the region such as India, China, Singapore and others has accelerated owing to the expanding industrial activities and government support in these countries. China is the major contributor to the growth in this region due to the presence of a large manufacturing base. India, on the other hand, is one of the most promising markets, which has attracted the government as well as logistics players to make massive investments in the country.
According to Ken Research  analyst ,Saudi Arabia logistics market has shown an impressive growth rate in 2015 owing to the expanding manufacturing & retail sector, rising expatriate population, growing number of foreign companies and increasing value of exports and imports in the country
Saudi Arabia has established itself as a leading country in logistics & Warehousing Industry under the GCC region. The kingdom is one of the fastest growing countries in the logistics and warehousing industry at the global level.
Logistic services in the country have been successful in connecting different export and import markets of various countries across the world. Furthermore, over the past five years, billions of dollars have been invested by the government of Saudi Arabia towards development of logistics infrastructure. Saudi Arabia has been the foremost nation in the Middle East to focus on logistics.
The freight forwarding sector is the leading segment towards the revenues of the logistics and warehousing industry. The logistics industry encompasses with several components such as transportation, warehousing, and value added services of which transportation forms the major proportion of the industry in India closely followed by value added services and warehousing.
Saudi Arabia logistics & Warehousing industry has number of leading players in the organized market such as DHL, DB Schenker, Aramex, Panalpina, UPS, TNT , Fed Ex and others. The market in the country is majorly driven by e-commerce industry and rising trade volumes in the country.
The rising demand of cold chain logistics in the country due to the increase in the consumption of meat & animal food has triggered the size of the logistics industry. The warehouses and fleet required for transportation of cold chain products are costlier than the logistics requirement for other products, According to Ken Research  analyst.
 Topics Covered in the Report
  • Cold Storage Market Saudi Arabia
  • Future Saudi Arabia Value Added Services
  • Developments Saudi Arabia Logistics
  • Express Delivery Market Saudi Arabia
  • GCC Countries Logistics Market
  • MENA Logistics Industry Growth
  • International Freight Forwarding Market
  • Domestic Freight Forwarding Saudi Arabia
  • Cargo Handling Market Saudi Arabia
  • Ground Express Market
  • Ecommerce Logistics Industry Saudi Arabia
  • Third Party Cold Storage Service Providers
  • Saudi Arabia Logistics Market size
  • Saudi Arabia Logistics Market trends
  • Saudi Arabia Logistics Market growth
  • Saudi Arabia Logistics Market analysis
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-logistics-market-report/77655-100.html
Related Reports:
Philippines Cold Chain Market Outlook to 2020 - Government Initiatives and Rising Consumer Demand for Frozen Food to Foster Future Growth
Philippines Logistics Market Outlook to 2020 - Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding
UAE Logistics Market Outlook to 2019 - Driven by Infrastructural Investment and Expanding Foreign Trade
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Saudi Arabia

Thursday, January 12, 2017

Government Support to Uplift Construction in Colombia: Ken Research

"Construction in Colombia, Key Trends and Opportunities to 2020 " is the latest report introduced by Ken research. In this highly revealing report, the company states the various aspects having significant effect in the Colombian construction industry. The report sheds light on detailed market analysis, information, insights and expansion prospects by market, project type, and type of construction activity. The report's chief focus is captured by the insights into the impact of industry trends and issues faced by this contemporary industry. Jeopardy and the profiles of the foremost operators in the Colombian industry are put under the exploration glass. The data highlights the largest construction projects in Colombia along with the pensive analysis of equipment, material and service costs across each project type.
Population of this Latin American country has been increasing significantly at a constant rate since the late 2000s. The Gross domestic product was increasing until 2013 but saw a decline after wards. The annual GDP growth is predicted to take a leap by 2020. The positive impact of these figures has translated well into the construction industry of the country. In real terms, the Colombian construction commerce registered the growth rate of 3.9% in 2015, 10.5% in 2014, 11.5% in 2013, 5.9% in 2012 and 8.2% in 2011. Added to this is the fact that this industry will continue to expand in real terms over the forecast period of 2016 to 2020.  The Departamento Administrativo Nacional de Estadistica (DANE), the country's national administrative department of statistics disclosed that Colombia's total area under construction increased by 2.5%, from 11.5 million meter square in 2014 to 11.8 million meter square in 2015. The industry's output value is anticipated to post a forecast-period compound annual growth rate (CAGR) of 2.82%; a slowdown compared to 7.90% CAGR witnessed during the review period (2011-2015).
global-construction-industry
Colombia's construction sector has represented self-motivated speed up which is reflected by the fact that more than half of the population owns homes. The construction sector rumbled because of a blend of factors, including greater competition and fewer precincts in the financial markets, increased capital inflows, relaxed directives and administration of financial institutions, and a loose monetary policy. The lack of demand and the excess supply of houses precipitated a sharp fall in real prices. In 1998, house prices had dropped to 1991 levels. This situation further depressed the quality of mortgages and loan guarantees in general, leading to a bust in the housing market between 1997 and 2000. Infrastructure assembly in recent years has focused on electricity projects and urban mass-transportation systems. Because of fiscal constraints, the government has promoted greater involvement of the private sector in preserving and developing road and rail network. The production of cement and other non-metallic building products is closely linked to the changes in the construction sector. In Colombia, cement output is highly concentrated, with three main economic groups controlling more than 90 percent of total output. Regarding imports and exports of construction products, the country has exported average billions of dollars over the past years. The import of supplies has increased substantially in the last five years, showing good results of economic growth.
Government investments in infrastructure and residential construction increased the issuance of building permits and contributed to growth. The country's construction industry will continue to expand in real terms over the forecast period mainly attributed to investments in transport infrastructure, energy and utilities, and reasonably priced housing projects. Additionally, government investment in public infrastructure and educational healthcare buildings as part of the 2016-2020 contributed significantly. Development Plan will support the growth. Industry growth will
be supported by the government's National Development Plan 2014-2018, inhabitant's growth, urbanization, and complimentary government policies with regards to public-private partnership (PPPs). The industry is expected to be supported by government plans to develop public infrastructure, educational infrastructure, the tourism and manufacturing sectors under the PIPE 2.0 commonly known by locals as "Plan de Impulso a la Productividad y el Empleo". It intends to invest USD 6.1 billion with the aim of maintaining sustainable financial growth and creating 300,000 jobs by 2018. This will provide the much-needed push to the growth trajectory. Modern transport infrastructure is vital for the growth and competitiveness of Colombia's economy, which is well identified by the government and thus is focusing on infrastructure development.
Over the forecast period, residential property prices are expected to remain buoyant due to a demand for residential property and a housing deficit.
Key Topics Covered in the Report
Colombia construction Industry Research Report
Colombia Institutional Construction market
New Institutional projects Colombia
Colombia Construction Market Players
Colombia Infrastructure Industry Trends
Colombia Residential Construction Sector
Colombia Real Estate Industry
Global construction industry research
For more coverage click on the link below:
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Contact: 
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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Cashless Society of Sweden Driving Cards and Payments Industry: Ken Research

Ken Research has announced recent publication titled “The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2021” which discuss detailed analysis of the industry and forecast. Report discuss various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2017-2021). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes. It also discusses major government regulations pertaining to cards and payments industry and marketing strategies used by various banks and other institutions.



Sweden is dubbed as the most cash free society in the world with over 80% percent of transactions without the physical exchange of money. This drive to a cashless society has been supported by the UN Capital Development Fund’s Better Than Cash Alliance  funded by the Bill & Melinda Gates Foundation, MasterCard and Visa among others.  The Swedish has made most of this given support . Most of the people are vouching for the cash free society with the slight exception of the elderly who are finding it ..difficult to adjust to the rapid change in the payment methods. Also certain vendors are cringing about the transaction cost associated with online payments. Many banks in Sweden do not have cash. About 900 banks of the 1600 banks neither keep cash nor accept it.  The shopkeepers donot want it ,the people don’t carry it. The retailers are legally entitled to refuse notes and coins.  It is impossible to buy tickets on the Swedish buses and Stockholm metro with cash.
According to Riksbank, cash transaction accounted to only 2% of value of all payments last year and is estimated to drop by .50% by 2020.  Cards are the payment methods used the most by the people, with an average of 207 transactions per card per year. This is followed by payments through many other phone wallets , swish being the popular one.  With the introduction of iZellet , a cheap and easy system designed to take card payments via a mini app and a small card reader has helped the small traders , street vendors to adopt to cash less transactions.
The success of Sweden in adoption of cashless society lies in the fact that the people there were digitally ready. The proliferation of mobile phones and internet connections in Sweden is among the highest in the world, making it easier to adopt new electronic payment systems. The banks became digitized much earlier than rest of the countries
94% of Swedish are connected to the internet. The ecommerce market in Sweden is blooming. More and more household have been shifting towards online shopping. The e commerce market is currently about 6 billion Euros. The major products being sold is electronics, books, clothing and footwear. The e commerce accounts for about 6% of the total retail sales. The most preferred payment method is via invoice followed by personal bank accounts. However, recently the paymet via yhe credit card is showing the biggest growth.
In 2016, Swedish banks expanded Swish, known as a extensively used mobile app for online transactions. This app was previously focused for peer-to-peer (P2P) and in-store payments. This app, Swish is owned by six Swedish banks including Danske Bank, Handelsbanken, Lansforsakringar Bank, Nordea, SEB and Swedbank. Swish has grown in popularity since its launch, with 4.9 million users in Sweden as of November 2016. In May 2016, USD 892.3 million (SEK7.5 billion) worth of transactions were performed using Swish, rising to USD 994.3 million (SEK8.4 billion) in November 2016.
Contactless technology is still at a nascent stage of development in Sweden, with only a handful of banks-such as ICA Banken and Danske Bank-offering contactless cards. The number of contactless cards increased threefold from 439,707 in 2015 to 1.5 million in 2016, and is anticipated to reach 15.0 million by 2021. With a rising number of small businesses and street vendors accepting payment cards for small-value transactions, the introduction of contactless technology is expected to drive payment card transaction volumes over the forecast period.
Topics  Covered  in the Report
  • Sweden Cards and Payments market share
  • Cards and Payment industry in Sweden
  • Mobile payment market Sweden
  • Sweden bill Payment Market Research
  • Sweden Money Remittance Industry
  • Alternative payment methods in Sweden
  • Debit Card industry in Sweden
  • Sweden Cards and payments industry trends
  • Plastic money market Sweden
  • Global Payment Industry Research Report
For more coverage Click on the link below
https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/the-cards-payments-industry-sweden-emerging-trends-opportunities-2021/74580-93.html
Related Links
The Cards and Payments Industry in the Philippines: Emerging Trends and Opportunities to 2021
The Cards and Payments Industry in Denmark: Emerging Trends and Opportunities to 2021
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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Location: Sweden

Italian Life Insurance is Moderately Concentrated with Top 10 Leading Players: Ken Research

Ken Research has introduced latest project titled, "Life Insurance in Italy, Key Trends and Opportunities to 2020". Report provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the revaluation period i.e. 2011-15 and forecast period 2015-2020. The report also analyses allotment channels operating in the sector, gives a wide-ranging indication of the Italian economy and demographics, and provides comprehensive information on the cut-throat landscape in the country. At last, replicating and investigation expertise, giving insurers access to information on subdivision dynamics and spirited compensation, and profiles of insurers operating in the country. The report closely examines insurance regulations, recent changes in the regulatory structure and its impact on Italy's overall growth.
global-insurance-sector
Italy’s insurance market remained upbeat in first half precisely, 2010-15 and is well placed to continue to grow in the coming five years primarily driven by stipulate for life products. Italy saw a second uninterrupted year of double-digit development in gross written premium (GWP) came despite economic surroundings, although the Italian government is seen taking steps to gradually develop and stimulate productivity. Driven by demand for life insurance, low interest rates discouraged investors away from conventional products such as bank deposits and investment funds and towards substitute savings solutions. In particular, according to the insurance trade association, the Associazione Nazionale fra le Imprese Assicuratrici (ANIA), new products derived from the combination of segregated funds and unit-linked investment funds gained momentum.
Key market players include-
  • Poste Vita
  • Intesa Sanpaolo
  • Genertel life
  • Generali
  • Fideuram Vita
The global financial crisis of 2008 destroyed Italy’s economy. It has been struggling since with GDP contraction in five out of the seven fiscal years. Political instability, high debt and a large shadow economy are contributing to the slow recovery. Furthermore, low labour productivity, which is significantly below most of the major economies in the Organization for Economic Co-operation. Amongst the life insurance market of Italy, long-term life insurance is the biggest segments in 2014. In light of the low returns offered by fixed-income instruments, investors and Italian families divested their savings from Italian government and corporate bonds. While the Italian insurance sector has committed more than a third of investments into equities, two of the largest competitors, Allianz S.p.A. and Assicurazioni Generali S.p.A, tend to have more conservative portfolios as compared to outside of Italy.
The Italian insurance sector has seen some merger and acquisition (M&A) activity in recent years, increasingly involving overseas market participants out of which 69 were of life insurers. Since 2012, M&A transactions within the Italian market have included the integration of the Unipol and Premafin/Fondiaria-Sai groups. Unipol Assicurazioni, Milano Assicurazioni and Premafin later were merged into Fondiaria-Sai, which subsequently assumed the name UnipolSai Assicurazioni S.p.A and became operative in January 2014. The major challenges faced by the Italian insurance market are the uncertainty regarding regulatory developments taking place in the country. “D.d.l. Concorrenza”, which is currently being debated in the Italian parliament, aims to improve competition and transparency for customers, with a significant focus on the insurance industry. Total written premiums in 2015 rose considerably  
  • Italy is the third European life market by GWP, after UK and France
  • The Italian market remains dominated by traditional distribution channels, such as the bancassurance model
  • Insurance companies still invest mainly in Italian government bonds. Investments in corporate bonds have been increasing steadily in the last few years
  • The economic crisis led to rising unemployment and wage cuts during the review period. These factors are expected to negatively affect the growth of the life segment, as consumers with reduced disposable incomes are unlikely to invest in voluntary insurance products.
Key Topics Covered in the Report
Italy Insurance industry research report
Life insurance sector Italy
Non-life insurance market research
Global insurance sector
Life insurance distribution channels Italy
Life insurance regulations Italy
Italy insurance industry trends
Insurance sector drivers Italy
For more coverage click on the link below:
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Contact: 
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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