Research and Markets: Non-Life Insurance in Belgium - Key Trends and Opportunities to 2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/g83bh9/nonlife) has announced the addition of the "Non-Life Insurance in Belgium, Key Trends and Opportunities to 2018" report to their offering.

The Belgian non-life insurance segment accounted for 24.4% of the country's total insurance gross written premium in 2013. The non-life segment's written premium grew at a CAGR of 3.2% during the review period (2009-2013). The growth was primarily generated by the country's favorable regulatory environment for non-life insurers, such as the compulsory nature of motor and fire insurance, which helped these categories record strong review-period growth. Its growth was further accelerated by the country's strong transport connections with France, Germany and the Netherlands.

Key Highlights

  • The Belgian non-life segment is dominated by multinationals and is highly concentrated; the 10 leading companies together accounted for 81.1% of the segment's total gross written premium in 2013.
  • The Belgian non-life insurance segment accounted for 24.4% of the country's total insurance gross written premium in 2013.
  • The motor insurance category claimed the largest proportion of the Belgian non-life insurance segment in 2013.
  • Belgium has a well-regulated insurance industry, and the country's Banking, Finance and Insurance Commission (CBFA) has enacted several favorable provisions to support the growth of non-life insurance.
  • Belgium's total internet subscriber base grew at a review-period CAGR 5.3%. E-commerce emerged as one of the fastest-growing distribution channels, with an expected forecast-period CAGR of 7.2%.
  • During the review period, Belgian exports as percentage of GDP grew from 78.2% in 2009 to 92.4% in 2012. This gave impetus to non-life insurance.

Key Topics Covered:

1 Key Facts and Events

2 Executive Summary

3 Introduction

4 Belgian Insurance Industry Attractiveness

5 Non-Life Insurance Outlook

6 Analysis by Distribution Channel

7 Governance, Risk and Compliance

8 Competitive Landscape and Strategic Insights

9 Appendix

Companies Featured:

  • Axa Belgium SA
  • AG Insurance
  • Ethias
  • CBC Assurances
  • Baloise Insurance
  • Belfius (Belins) Insurance Belgium SA
  • DKV Belgium
  • Allianz Belgium
  • Vivium
  • P&V Assurance

For more information visit http://www.researchandmarkets.com/research/g83bh9/nonlife

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance