Tuesday, May 20, 2014

Romania Life Insurance Market Trends and Developments to 2017



Life Insurance in Romania, Key Trends and Opportunities to 2017: Order report by calling marketreportsstore.com at +1 888 391 5441 OR send an email on sales@marketreportsstore.com  with Life Insurance in Romania, Key Trends and Opportunities to 2017 in subject line and your contact details.

Synopsis
The report provides in-depth market analysis, information and insights into the Romanian life insurance segment, including:
·         The Romanian life insurance segment's growth prospects by life insurance categories
·         Key trends and drivers for the life insurance segment
·         The various distribution channels in the Romanian life insurance segment
·         The detailed competitive landscape in the life insurance segment in Romania
·         Detailed regulatory policies of the Romanian insurance industry
·         A description of the life reinsurance segment in Romania
·         Porter's Five Forces analysis of the life insurance segment
·         A benchmarking section on the Romanian life insurance segment in comparison with other countries in the Central and Eastern European Region


Summary
Life insurance is the second-largest segment in the country's insurance industry, accounting for 21% of gross written premium in 2012. The main reason for the decline in gross written premium during the review period is the global financial crisis of 2008 which adversely impacted the Romanian economy, producing high unemployment rates, a high budget deficit, and a fall in demand. The country's GDP declined by 6.6% in 2009 and 0.9% in 2010. In 2010, the Romanian government implemented austerity measures such as a reduction in government employee salaries and social security benefits. This further affected the purchasing power of Romanians and their ability and willingness to purchase investment products such as life insurance. The Romanian economy started to recover in 2011, primarily driven by a considerable increase in agricultural production. The country's GDP is expected to increase at a CAGR of 2.6% over the forecast period. This is expected to result in a gradual rise in the demand for life insurance products.



Scope
This report provides a comprehensive analysis of the life insurance segment in Romania:
·         It provides historical values for the Romanian life insurance segment for the report's 2008-2012 review period and projected figures for the 2012-2017 forecast period.
·         It offers a detailed analysis of the key categories in the Romanian life insurance segment, along with market forecasts until 2017.
·         It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
·         It analyses the various distribution channels for life insurance products in Romania.
·         Using Porter's industry-standard "Five Forces" analysis, it details the competitive landscape in Romania for the life insurance business.
·         It provides a detailed analysis of the reinsurance segment in Romania and its growth prospects.
·         It profiles the top life insurance companies in Romania 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 Romanian life insurance segment and each category within it
·         Understand the demand-side dynamics, key market trends and growth opportunities within the Romanian life insurance segment
·         Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
·         Identify the growth opportunities and market dynamics within key product categories
·         Gain insights into key regulations governing the Romanian insurance industry and its impact on companies and the market's future

Complete Report available http://marketreportsstore.com/life-insurance-in-romania-key-trends-and-opportunities-to-2017/ .  Contact sales@marketreportsstore.com  / Call +1 888 391 5441 for further information on “Life Insurance in Romania, Key Trends and Opportunities to 2017” report OR for any other market research and intelligence needs you may have for your business.