DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Non-Life Insurance in Japan, Key Trends and Opportunities to 2020" report to their offering.
The 'Non-Life Insurance in Japan, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Japanese non-life insurance segment, and a comparison of the Japanese insurance industry with its regional counterparts.
It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions 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 Japanese economy and demographics, explains the various types of natural hazard and their impact on the Japanese insurance industry, and provides detailed information on the competitive landscape in the country.
- The Japanese non-life insurance segment was the third-largest in the world in 2015, in terms of direct written premium.
- The segment accounted for 4.7% of the global non-life gross written premium. The segment's gross written premium grew at a review-period (2011-2015) compound annual growth rate (CAGR) of 4.9%.
- Motor insurance was the largest non-life category, accounting for 61.7% of the segment's gross written premium in 2015.
- Effective from October 2015, the increase in fire insurance premiums, at an average of 2-4%, will negatively affect the property insurance category over the forecast period.
- Marine insurers are highly exposed to catastrophic risk, due to the increasing size of ships and increasing capacities of ports and storage facilities.
- Workmen's compensation insurance is compulsory for all organizations in Japan. It is being regulated and supervised by the Ministry of Health, Labour and Welfare under the social insurance system.
Key Topics Covered:
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Segment Outlook
5 Outlook by Category
6 Distribution Channel Outlook
7 Natural and Man-made Hazards
8 Competitive Landscape
9 Governance, Risk and Compliance
11 Definitions and Methodology
- Sompo Japan Nipponkoa Insurance Inc.
- Tokio Marine & Nichido Fire Insurance Co., Ltd
- Mitsui Sumitomo Insurance Co., Ltd
- Aioi Nissay Dowa Insurance Co., Ltd
- The Fuji Fire and Marine Insurance Co., Ltd
- AIU Insurance Company, Ltd
- The Kyoei Fire and Marine Insurance Co., Ltd
- Nisshin Fire and Marine Insurance Co., Ltd
- Sony Assurance Inc.
- American Home Assurance Company, Ltd
For more information about this report visit http://www.researchandmarkets.com/research/84pr8r/nonlife