1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Non-Life Insurance in Taiwan, Key Trends and Opportunities to 2020

Non-Life Insurance in Taiwan, Key Trends and Opportunities to 2020

  • December 2016
  • -
  • Timetric
  • -
  • 136 pages

Summary

Table of Contents

Search Inside

Synopsis
Timetric’s 'Non-Life Insurance in Taiwan Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Taiwanese non-life insurance segment, and a comparison of the Taiwanese insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Taiwanese economy and demographics, explains the various types of natural hazard and their impact on the Taiwanese insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric’s 'Non-Life Insurance in Taiwan Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Taiwanese non-life insurance segment, including:

- The Taiwanese non-life segment’s detailed outlook by product category

- A comprehensive overview of the Taiwanese economy and demographics

- A comparison of the Taiwanese non-life insurance segment with its regional counterparts

- The various distribution channels in the Taiwanese non-life insurance segment

- Detailed analysis of natural hazards and their impact on the Taiwanese insurance industry

- Details of the competitive landscape in the non-life insurance segment in Taiwan

- Details of regulatory policy applicable to the Taiwanese insurance industry

Scope
This report provides a comprehensive analysis of the non-life insurance segment in Taiwan:

- It provides historical values for the Taiwanese non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

- It offers a detailed analysis of the key categories in the Taiwanese non-life insurance segment, and market forecasts to 2020.

- It provides a comparison of the Taiwanese non-life insurance segment with its regional counterparts

- It analyzes the various distribution channels for non-life insurance products in Taiwan.

- It analyzes various natural hazards and their impact on the Taiwanese insurance industry

- It profiles the top non-life insurance companies in Taiwan, 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 Taiwanese non-life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Taiwanese non-life insurance segment.

- Assess the competitive dynamics in the non-life insurance segment.

- Identify growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Taiwanese insurance industry, and their impact on companies and the industry's future.

Key Highlights
- Farm insurance, which was proposed by the government in August 2015, was introduced by the end of 2015. This covers agricultural produce and agricultural equipment.

- Taiwan’s non-life segment accounted for 27.8% of the industry's gross written premium in 2015.

- In June 2015, the FSC introduced a regulation allowing domestic insurers to establish branches or subsidiaries in Hong Kong and Macau.

- Non-life segment is dominated by the motor insurance category, which accounted for 61.2% of the segment’s gross written premium in 2015. A low penetration rate of 0.7% offers opportunity for growth over the forecast period.

- Taiwanese non-life segment is highly consolidated, with the top 10 companies accounting for 88.2% of the gross written premium in 2015.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Targeting the Over-50s with General Insurance

Targeting the Over-50s with General Insurance

  • $ 3450
  • Industry report
  • January 2017
  • by GlobalData

Summary The UK’s over-50s population is growing, which means that the customer segment is a growing opportunity for insurance providers. Those over 50 are often treated and targeted as one segment. ...

Non-Life Insurance Global Industry Almanac 2016

Non-Life Insurance Global Industry Almanac 2016

  • $ 2995
  • Industry report
  • January 2017
  • by MarketLine

Summary Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile ...

Non-Life Insurance Global Industry Guide 2016

Non-Life Insurance Global Industry Guide 2016

  • $ 1495
  • Industry report
  • January 2017
  • by MarketLine

Summary Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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