Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
Research and Markets has announced the addition of the "The Insurance Industry in Liechtenstein, Key Trends and Opportunities to 2017" report to its offerings.
In a release, Research and Markets noted that report highlights include:
Liechtenstein's insurance industry is primarily driven by offshore business, and is the only insurance centre that offers insurance undertakings direct access to Switzerland and the European Economic Area (EEA) countries. Despite unfavorable demographics and economic factors, including a small population and GDP, Liechtenstein's insurance industry has undergone significant developments during the past decade and is being supported by the government's commercial links with Switzerland and increasing demand for life insurance policies in key overseas markets such as Italy, Germany and Switzerland. However, the industry posted a CAGR of - 8.3 percent during the review period in terms of written premium value. The decline was largely a consequence of the expiry of the Italian tax amnesty of 2011, which resulted in sharp decline of insurance premiums in 2011. The life insurance segment, which accounted for 79.8 percent of Liechtenstein's insurance industry, registered a decline at a CAGR of -12.1 percent due to the Italian tax amnesty that affected the overall insurance industry.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast industry data related to the Liechtenstein insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities within the Liechtenstein insurance industry.
Assess the competitive dynamics in the Liechtenstein insurance industry.
Identify the growth opportunities and market dynamics within key segments.
Gain insights into key regulations governing the Liechtenstein insurance industry and its impact on companies and the industry's future.
Key Topics Covered Executive Summary
Liechtenstein Insurance Industry Overview
Baloise Life (Liechtenstein)
Valorlife Life Insurance
Research and Markets is a source for international market research reports and market data.
((Comments on this story may be sent to firstname.lastname@example.org))