Recent Press Release Updates on Life Insurance in Egypt Status, Opportunities, Market Forecasts 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).
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The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Egyptian economy and demographics, and provides detailed information on the competitive landscape in the country.
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.
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Summary
Timetrics 'Life Insurance in
The Egyptian life insurance segments growth prospects by life insurance category
Key trends, drivers and challenges for the life insurance segment
A comprehensive overview of the Egyptian economy and demographics
The various distribution channels in the Egyptian life insurance segment
Details of the competitive landscape in the life insurance segment in
Details of regulatory policy applicable to the Egyptian insurance industry
Scope
This report provides a comprehensive analysis of the life insurance segment in
It provides historical values for the Egyptian 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 Egyptian 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 Egyptian life insurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Egyptian 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 Egyptian insurance industry, and their impact on companies and the industry's future.
Key Highlights
Despite political turmoil and a sluggish economic environment during the review period, the Egyptian life insurance segment posted a review-period CAGR of 14.1%.
Consumer preferences towards simple, savings-oriented life insurance products with protection options such as individual life products, which consisted of 66.3% of segments gross written premium in 2014, is the most influential in the segment, while group life products are fast expanding.
The lift on the ban and insurers adoption of the bancassurance business model, along with encouragement of postal services, will improve the penetration of life insurance products and support insurers liquidity positions over the forecast period.
Given the challenging operating environment, life insurers have increased their focus on controlling claims-related costs and implementing better risk-management strategies.
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