DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6qwrl3/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in South Korea, Key Trends and Opportunities to 2018" report to their offering.
In terms of gross written premium, the personal accident and health insurance segment grew from KRW16.3 trillion (US$12.7 billion) in 2009 to KRW28.0 trillion (US$25.5 billion) in 2013, after recording a review-period (2009-2013) compound annual growth rate (CAGR) of 14.5%. This growth was a result of the high rate of traffic accidents, the aging population, and rises in product penetration, disposable income and the volume of outbound tourists. These factors are also expected to support the segment's growth over the forecast period (2013-2018). The segment's gross written premium is projected to reach KRW43.4 trillion (US$41.2 billion) in 2018, after registering a forecast-period CAGR of 9.2%.
Key Topics Covered:
1 Key Facts and Events
2 Executive Summary
4 South Korean Insurance Industry Attractiveness
5 Personal Accident and Health Insurance Segment Outlook
6 Analysis by Distribution Channel
7 Governance, Risk and Compliance
8 Competitive Landscape and Strategic Insights
- Samsung Life Insurance Co., Ltd
- Kyobo Life Insurance Co., Ltd
- Dongbu Insurance Co., Ltd
- Lotte Non-Life Insurance Co., Ltd
- MetLife Insurance Co. of Korea Ltd
- LIG Insurance Co., Ltd
- Axa General Insurance Co., Ltd.
- Meritz Fire & Marine Insurance Co., Ltd
- Heungkuk Fire & Marine Insurance Co., Ltd
- NongHyup Property & Casualty Insurance Co., Ltd
For more information visit http://www.researchandmarkets.com/research/6qwrl3/personal_accident