1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Non-Life Insurance in Hungary

Non-Life Insurance in Hungary

  • February 2015
  • -
  • MarketLine
  • -
  • 36 pages

Introduction

Non-Life Insurance in Hungary industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Hungary non-life insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

*The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2013 annual average exchange rates.

*The Hungarian non-life insurance market is forecast to generate total gross written premiums of $1.6bn in 2014, representing a compound annual rate of change (CARC) of -1.7% between 2010 and 2014.

*The property segment is expected to be the market's most lucrative in 2014, with total gross written premiums of $0.7bn, equivalent to 41.4% of the market's overall value.

*The performance of the market is forecast to decline further but at a slower pace, with an anticipated CARC of -0.6% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $1.6bn by the end of 2019.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the non-life insurance market in Hungary

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Hungary

Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Hungary non-life insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Hungary economy

Key Questions Answered

What was the size of the Hungary non-life insurance market by value in 2014?

What will be the size of the Hungary non-life insurance market in 2019?

What factors are affecting the strength of competition in the Hungary non-life insurance market?

How has the market performed over the last five years?

Table Of Contents

Non-Life Insurance in Hungary
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market share 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
AEGON N.V. 19
Allianz Group 22
Assicurazioni Generali S.p.A. 25
Groupama S.A. 28
Macroeconomic Indicators 31
Country Data 31
Methodology 33
Industry associations 34
Related MarketLine research 34
Appendix 35
About MarketLine 35

LIST OF TABLES
Table 1: Hungary non-life insurance market value: $ million, 2010-14(e) 8
Table 2: Hungary non-life insurance market category segmentation: $ million, 2014(e) 9
Table 3: Hungary non-life insurance market geography segmentation: $ million, 2014(e) 10
Table 4: Hungary non-life insurance market share: % share, by value, 2014(e) 11
Table 5: Hungary non-life insurance market value forecast: $ million, 2014-19 12
Table 6: AEGON N.V.: key facts 19
Table 7: AEGON N.V.: key financials ($) 20
Table 8: AEGON N.V.: key financials (€) 20
Table 9: AEGON N.V.: key financial ratios 20
Table 10: Allianz Group: key facts 22
Table 11: Allianz Group: key financials ($) 23
Table 12: Allianz Group: key financials (€) 23
Table 13: Allianz Group: key financial ratios 23
Table 14: Assicurazioni Generali S.p.A.: key facts 25
Table 15: Assicurazioni Generali S.p.A.: key financials ($) 26
Table 16: Assicurazioni Generali S.p.A.: key financials (€) 26
Table 17: Assicurazioni Generali S.p.A.: key financial ratios 26
Table 18: Groupama S.A.: key facts 28
Table 19: Groupama S.A.: key financials ($) 29
Table 20: Groupama S.A.: key financials (€) 29
Table 21: Groupama S.A.: key financial ratios 29
Table 22: Hungary size of population (million), 2010-14 31
Table 23: Hungary gdp (constant 2005 prices, $ billion), 2010-14 31
Table 24: Hungary gdp (current prices, $ billion), 2010-14 31
Table 25: Hungary inflation, 2010-14 32
Table 26: Hungary consumer price index (absolute), 2010-14 32
Table 27: Hungary exchange rate, 2010-14 32

LIST OF FIGURES
Figure 1: Hungary non-life insurance market value: $ million, 2010-14(e) 8
Figure 2: Hungary non-life insurance market category segmentation: % share, by value, 2014(e) 9
Figure 3: Hungary non-life insurance market geography segmentation: % share, by value, 2014(e) 10
Figure 4: Hungary non-life insurance market share: % share, by value, 2014(e) 11
Figure 5: Hungary non-life insurance market value forecast: $ million, 2014-19 12
Figure 6: Forces driving competition in the non-life insurance market in Hungary, 2014 13
Figure 7: Drivers of buyer power in the non-life insurance market in Hungary, 2014 14
Figure 8: Drivers of supplier power in the non-life insurance market in Hungary, 2014 15
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Hungary, 2014 16
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Hungary, 2014 17
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Hungary, 2014 18
Figure 12: AEGON N.V.: revenues and profitability 21
Figure 13: AEGON N.V.: assets and liabilities 21
Figure 14: Allianz Group: revenues and profitability 24
Figure 15: Allianz Group: assets and liabilities 24
Figure 16: Assicurazioni Generali S.p.A.: revenues and profitability 27
Figure 17: Assicurazioni Generali S.p.A.: assets and liabilities 27
Figure 18: Groupama S.A.: revenues and profitability 30
Figure 19: Groupama S.A.: assets and liabilities 30

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
UK Travel Insurance: Market Dynamics and Opportunities 2016

UK Travel Insurance: Market Dynamics and Opportunities 2016

  • $ 3450
  • Industry report
  • August 2016
  • by Verdict Financial

Summary The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented ...

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • October 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Belarus, Key Trends and Opportunities to 2020' report provides a detailed analysis of Belarusian insurance industry. It provides key performance indicators ...

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • September 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020' report provides a detailed analysis of Montenegrin insurance industry. It provides key performance indicators ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.