Research and Markets: Non-Life Insurance in South Korea 2015 - Key Trends and Opportunities to 2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/qrb69h/nonlife) has announced the addition of the "Non-Life Insurance in South Korea, Key Trends and Opportunities to 2018" report to their offering.

In terms of gross written premium, the South Korean non-life segment grew from KRW22.7 trillion (US$17.8 billion) in 2009 to KRW31.1 trillion (US$28.3 billion) in 2013, at a compound annual growth rate (CAGR) of 8.1% during the review period (2009-2013). The strong performance of the property and liability categories - which posted respective CAGRs of 12.5% and 18.1% - supported the segment's growth. Rising automobiles sales and growing disposable income were among the segment's other key drivers and are anticipated to remain so over the forecast period (2013-2018). The segment's gross written premium is therefore projected to post a forecast-period CAGR of 6.0% to reach KRW41.5 trillion (US$40.0 billion) in 2018.

Key Topics Covered:

1 Key Facts and Events

2 Executive Summary

3 Introduction

4 South Korean 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 Mentioned

  • Samsung Fire & Marine Insurance Co., Ltd
  • Hyundai Marine & Fire Insurance Co.,Ltd.
  • Dongbu Insurance co., Ltd.
  • LIG Insurance Co., Ltd
  • Meritz Fire & Marine Insurance Co. Ltd.
  • Hanwha Non-Life Insurance Co., Ltd.
  • Heungkuk Fire & Marine Insurance Co., Ltd.
  • NongHyup Property & Casualty Insurance Co., Ltd.
  • Lotte Insurance Co., Ltd.
  • Seoul Guarantee Insurance Company

For more information visit http://www.researchandmarkets.com/research/qrb69h/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