DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/jnxvkd/global_nonlife_in)
has announced the addition of the "Global
Non-Life Insurance Industry 2012-2017: Trends, Profits and Forecast
Analysis" report to their offering.
The global non-life insurance industry witnessed moderate growth during
2006-2011 and the growth momentum is expected to continue, reaching an
estimated US $2,500 billion in 2017 with a CAGR of 4.2% over the next
five years (2012-2017).
The Non-Life Insurance industry consists of establishments that are
primarily engaged in pooling of risk by underwriting insurance and
insurance policies that protect policyholders against losses that may
occur as a result of property damage and liability.
Lucintel's research indicates that rapid industrialization and
increasing trade volume is anticipated to encourage the demand of
non-life products such as marine insurance, insurance for catastrophic
losses, and insurance for fixed assets. Increasing per capita income in
emerging economies such as China, India, Mexico, and South Africa is
expected to encourage people to purchase vehicles and build homes,
creating opportunities for non-life insurance. Although low interest
rates and sluggish cash flows erode growth, the industry is expected to
overcome the challenge with increasing use of advanced analytics to
reduce fraudulent claims and social media channels to increase market
penetration.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and
timely information. This market report fulfills this core need. Some of
the features of this market report are:
- Industry size estimates in terms of (US $) value by regions
- Global non-life insurance industry annual trend (2006-2011) and
forecast (2012-2017)
- Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis (Q1
2012 - Q4 2012) for global non-life insurance industry
- Cost structure trend in the global as well as regional non-life
insurance industry
For more information visit http://www.researchandmarkets.com/research/jnxvkd/global_nonlife_in
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance
Source: Research and Markets
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