Ken
Research has announced its distribution on, “Personal
Accident and Health Insurance in Hungary, Key Trends and Opportunities to 2020”
which provides a detailed outlook by product category for the Hungarian
personal accident and health insurance segment, and a comparison of the
Hungarian insurance industry with its regional counterparts.
The report furnishes performance indicators
such as written premium, incurred loss, loss ratio, commissions and expenses,
combined ratio, total assets and total investment income during the review
period (2011-2015) and forecast period (2015-2020).
By analyzing distribution channels operating in
the segment, it gives a comprehensive overview of the Hungarian economy and
demographics, and properly explains the various types of natural hazards and
their impact on the Hungarian insurance industry along with detailed
information on the competitive landscape in the country.
It also possesses features of insurance
regulations, and recent changes in the regulatory structure as well as provides
detailed analysis of natural hazards and their impact on the Hungarian
insurance industry.
It
helps the users in making
strategic business decisions using in-depth historic and forecast market data
related to the Hungarian personal accident and health insurance segment, and
each category within it.
Accidents are unforeseen and inevitable and such mishaps take only
seconds to turn life upside down. Moreover, the impact is felt on the emotional
as well as financial grounds. It can even drain one’s lifetime savings, leaving
a family in a difficult situation without resources or help. Hence, securing
the family’s future & enabling its basic day-to-day needs in one’s absence
becomes of the utmost priority.
The Hungarian personal accident and health insurance segment
reckoned for 3.9% of the industry's gross written premium wherein Personal
accident insurance accounted for 66.7% of the segment's gross written premium
in 2015.
Health insurance was the second-largest category and accounted
for 27.5% of the segment's gross written premium in 2015. The Insurance
Companies and Insurance Activities Act were launched in December 2014, and came
into force on January 1, 2016.
The segment's growth over the forecast period is expected due to
reasons such as an increase in road accidents, awareness of health insurance
benefits and broadening of the tourism industry.
In the future years, this sector is expected to generate more
revenues since awareness is bound to rise with the time.
Topics covered in the Report
·
Non-Life insurance
sector Hungary
·
Hungary General
insurance Industry regulations
·
Hungary Health insurance
market research
·
Hungary Health Personal
Accident and Health insurance demand
·
Personal Accident
Insurance Industry Hungary
·
Personal Accident
Insurance sector Hungary
·
Health Insurance Gross
Written Premium Hungary
For more coverage click on the
link below:
Related links:
Contact:
Ken Research
Ankur Gupta,
Head Marketing & Communications
query@kenresearch.com
+91-124- 4230204
www.kenresearch.com