1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends

Financial Assessment of the European Insurance Industry 

  • September 2015
  • 59 pages
  • Frost & Sullivan
Report ID: 3321217

Summary

Table of Contents

Financial Assessment of the European Insurance Industry : The Insurance Industry is Weighed Down by Uncertain Regional Economic Conditions

This research service aims to provide a holistic picture of the Europe insurance industry. It analyses financial data, identifies top performers, and discusses relevant trends. It offers an overview of the financial state of the industry. The study consists of 3 segments: Life and Health, Property and Casualty, and Multi-line. All segments consist of a ratio analysis that includes profitability, cost management, underwriting, solvency, and liquidity ratios. In addition, the study identifies top-performing companies in terms of financial and risk management with respect to their size and sector.

Executive Summary

The European insurance industry is struggling with the volatile macroeconomic environment and regulatory changes while also incorporating changes in technology and business model to be at par with its global peers.

Market Analysis

While premium growth is accelerating, pressure on profitability continues due to low investment income and the uncertain economic environment. Growth in premiums is different for different countries in Europe, but is led by emerging economies in Eastern Europe. The European insurance industry has remained somewhat resilient to the 2008 financial crisis, which did not have much impact on its returns statistics.
Threats of deflation are rising in Europe and can have a negative impact on this industry. Changes in the preferences and demands of the consumer; corporate and technology developments creating new areas of risk to be insured; and industry consolidation in search for better distribution network (online or physical) are some factors that are likely to drive industry growth.

Financial Analysis

Life and health (L&H), and property and casualty (P&C) insurance revenues are growing at a steady pace despite the challenging macroeconomic situation. However, as situations are expected to worsen in the near future, decreased premium growth and lower investment income are expected unless insurers use diversification as a strategy to enhance returns. Operational costs have decreased due to investment in upgraded technology, and the cost-effective online distribution structure has led to increased profitability in the industry. Underwriting ratios have witnessed improvement but the industry is not well placed in terms of policy holders surplus to cover future claims. Overall, the insurance industry is well positioned financially and ready to face the challenges that lie ahead.

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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Telecom Service Assurance Market by Software, Service, Organization Size, Deployment Type - Global Forecast to 2021

  • $ 7150
  • Industry report
  • March 2017
  • by MarketsandMarkets

Factors such as voluminous increase in the number of subscribers, need for high optimization & increased cost savings, and ability to measure the performance of a service & Quality of Service are driving ...

IoT Insurance Market by Type, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“IoT insurance market to grow at a CAGR of 65.89% between 2016 and 2022” The global IoT insurance market is estimated to be worth USD 42.76 billion by 2022, growing at a CAGR of 65.89% between 2016 ...

UK Commercial Insurance Distribution 2017

  • $ 5250
  • Industry report
  • May 2017
  • by GlobalData

UK Commercial Insurance Distribution 2017 Summary "UK Commercial Insurance Distribution 2017", report provides an in-depth study into the trends of commercial insurance distribution. The report discusses ...

Uk Cyber Insurance 2017

March 2017 $ 3450

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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