Personal Accident and Health Insurance in New Zealand, Key Trends and Opportunities to 2020

Personal Accident and Health Insurance in New Zealand Key Trends and Opportunities to 2020′ report provides a detailed outlook by product category for the New Zealand personal accident and health insurance segment, and a comparison of the New Zealand insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income during the review period (2011-2015) and forecast period (2015-2020).

The report also gives a comprehensive overview of the New Zealand economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s 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.

Summary

Timetric’s ‘Personal Accident and Health Insurance in New Zealand, Key Trends and Opportunities to 2020’ report provides in-depth market analysis, information and insights into the New Zealand personal accident and health insurance segment, including:

An overview of the New Zealand personal accident and health insurance segment

The New Zealand personal accident and health insurance segment’s growth prospects by category

A comprehensive overview of the New Zealand economy and demographics

A comparison of the New Zealand personal accident and health insurance segment with its regional counterparts

Details of the competitive landscape in the New Zealand personal accident and health insurance segment

Details of regulatory policy applicable to the New Zealand insurance industry

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in New Zealand:

It provides historical values for the New Zealand personal accident and health insurance segment for the report’s 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

It offers a detailed analysis of the key categories in the New Zealand personal accident and health insurance segment, and market forecasts to 2020.

It provides a comparison of the New Zealand personal accident and health insurance segment with its regional counterparts

It profiles the top personal accident and health insurance companies in New Zealand, and outlines the key regulations affecting them.

Reasons to Buy

Make strategic business decisions using in-depth historic and forecast market data related to the New Zealand personal accident and health insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the New Zealand personal accident and health insurance segment.

Assess the competitive dynamics in the personal accident and health insurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the New Zealand insurance industry, and their impact on companies and the industry’s future.

Key Highlights

The personal accident and health segment accounted for 32.7% of the industry’s direct written premium in 2015.

Due to the introduction of the Insurance Prudential Supervision Act (IPSA) in 2010, all insurers must maintain compliance with solvency standards and appropriate risk management policies.

Unsustainable levels of public spending on healthcare and a rise in healthcare costs initiated reforms in the health segment, prompting the government to contemplate the role of private insurance.

On November 25, 2016, the Accident Compensation Corporation (ACC) increased the contribution of treatment providers by 2.2%.

The segment’s growth potential led competitors to develop their distribution channels, adopt cost control measures and collaborate with other businesses to expand their product portfolios and market reach.

Source:https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/personal-accident-health-insurance-new-zealand-key-trends-opportunities/82330-93.html

Contact:                 
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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