New Study on Life Insurance in Norway, Key Trends and Opportunities to 2019
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Synopsis
Timetrics 'Life Insurance in
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (20102014) and forecast period (20142019).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Norwegian economy and demographics, and provides detailed information on the competitive landscape in the country.
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The report brings together Timetrics 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
Timetrics ' Life Insurance in
The Norwegian life insurance segments growth prospects by life insurance category
Key trends, drivers and challenges for the life insurance segment
A comprehensive overview of the Norwegian economy and demographics
The various distribution channels in the Norwegian life insurance segment
Details of the competitive landscape in the life insurance segment in
Details of regulatory policy applicable to the Norwegian insurance industry
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Scope
This report provides a comprehensive analysis of the life insurance segment in
It provides historical values for the Norwegian life insurance segment for the reports 20102014 review period, and projected figures for the 20142019 forecast period.
It offers a detailed analysis of the key categories in the Norwegian life insurance segment, and market forecasts to 2019.
It analyzes the various distribution channels for life insurance products in
It profiles the top life insurance companies in
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Norwegian life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian 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 Norwegian insurance industry, and their impact on companies and the industry's future.
Key Highlights
Life insurance accounted for 55.4% of the Norwegian insurance industry's gross written premium in 2014.
Persistently low interest rates have compelled many companies to change their product offerings from guaranteed to unit-linked products.
The low benchmark interest rate will affect life insurers investment returns over the forecast period, which may affect their ability to meet Solvency II requirements.
Norwegian life insurers depend on multiple distribution channels, and no longer rely on traditional channels such as agents and brokers.
The countrys aging population, growing economy and increased disposable income are key factors contributing to the growth of life insurance.
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