Life Insurance in Hungary, Key Trends and Opportunities to 2020

LONDON, Feb. 21, 2017 /PRNewswire/ -- Timetric's 'Life Insurance in Hungary Key, Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Hungarian life insurance segment, and a comparison of the Hungarian insurance industry with its regional counterparts.

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It provides key performance indicators such as written premium, incurred loss, commissions and expenses, total assets and total investment income 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 Hungarian economy and demographics, 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 'Life Insurance in Hungary, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Hungarian life insurance segment, including:

- An overview of the Hungarian life insurance segment

- The Hungarian life insurance segment's growth prospects by category

- A comprehensive overview of the Hungarian economy and demographics

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

- The various distribution channels in the Hungarian life insurance segment

- Details of the competitive landscape in the Hungarian life insurance segment

- Details of regulatory policy applicable to the Hungarian insurance industry

Scope
This report provides a comprehensive analysis of the life insurance segment in Hungary:

- It provides historical values for the Hungarian 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 Hungarian life insurance segment, and market forecasts to 2020.

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

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

- It profiles the top life insurance companies in Hungary 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 Hungarian life insurance segment, and each category within it.

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

- Assess the competitive dynamics in the life insurance segment.

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

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

Key Highlights
- The Hungarian life insurance segment registered a review-period CAGR of -0.1%.

- Hungary's life segment accounted for 51.0% of the industry's gross written premium in 2015.

- Life insurance categories such as individual whole life and term life insurance recorded positive growth, at a review-period CAGRs of 3.9% and 4.8%, respectively.

- The Insurance Companies and Insurance Activities Act was introduced in December 2014, and came into force on January 1, 2016.

- The Hungarian life segment is highly concentrated, with the 10 leading insurers accounting for 85.8% of the segment's gross written premium in 2015.

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