The report provides in depth market
analysis, information and insights into the Netherlands non-life insurance
market, including:
- The Netherlands non-life insurance market’s growth
prospects by non-life insurance categories
- The various distribution channels in the Netherlands
non-life insurance market
- The competitive landscape in the non-life insurance
market in the Netherlands
- A description of the non-life reinsurance market in the
Netherlands
The Dutch non-life insurance segment
is mature and considered one of the ten largest in the world in terms of gross
written premium. The Netherlands non-life insurance segment is highly
fragmented and competitive with the presence of more than 174 insurers
supplying a variety of products. Due to the impact of the global financial
crisis, the non-life segment’s growth was almost stagnant during 2008–2010.
Prior to the global financial crisis of 2008, which led to a period of economic
deceleration in the Netherlands, leading non-life insurance companies were
engaged in pricing competition in order to gain market share.
Scope
This report provides a comprehensive
analysis of the non-life insurance market in the Netherlands:
- It provides historical values for the Netherlands
non-life insurance market for the report’s 2007–2011 review period and
forecast figures for the 2012–2016 forecast period
- It offers a detailed analysis of the key sub-segments
in the Netherlands non-life insurance market, along with market forecasts
until 2016
- It covers an exhaustive list of parameters, including
written premium, incurred loss, loss ratio, commissions and expenses,
combined ratio, frauds and crimes, total assets, total investment income
and retentions
- It analyses the various distribution channels for
non-life insurance products in the Netherlands
- Using Porter’s industry-standard “Five Forces”
analysis, it details the competitive landscape in the Netherlands for the
non-life insurance business
- It provides a detailed analysis of the reinsurance
market in the Netherlands and its growth prospects
- It profiles the top non-life insurance companies in the
Netherlands, and outlines the key regulations affecting them
Key highlights
- Non-life insurers are now focusing on reducing costs
and improving efficiency to generate sufficient profit margins.
Disciplined underwriting, lower expense bases (including reduced staff
headcounts) and cost-effective sales platforms remain crucial success
factors.
- Due to factors such as the global financial crisis, the
sovereign debt crisis in the Eurozone and direct competition between banks
and insurance companies in savings products, the value of the Dutch life
insurance segment declined continuously during the review period.
- Due to the implementation of Solvency II legislation,
the Dutch non-life insurance segment is expected to experience further
consolidation with an increase in merger and acquisition (M&A)
activity over the forecast period.
- The Netherlands non-life insurance segment is highly
competitive and firms employ a combination of distribution channels to
maximize revenues. Insurance brokers were the second-largest distributor
of non-life products in the Netherlands during the review period.
- Considering the fast-changing industry dynamics,
insurers are increasingly focusing on cost control measures and economies
of scale. Direct marketing is expected to remain the most popular channel,
followed by bancassurance and brokers.
- The non-life insurance segment is highly competitive
with the presence of around 174 primary insurers. Interpolis Schade N.V.
was the leading non-life insurance company in the Dutch non-life insurance
segment in 2010 followed by Achmea Schadeverzekeringen N.V. and ASR
Schadeverzekering N.V.
Reasons to buy
- Make strategic business decisions using in depth
historic and forecast market data related to the Netherlands non-life
insurance market and each sector within it
- Understand the demand-side dynamics, key market trends
and growth opportunities within the Netherlands non-life insurance market
- Assess the competitive dynamics in the non-life
insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics
within key product categories
- Gain insights into key regulations governing the
Netherlands insurance market and its impact on companies and the market's
future
Published: August
2012 No. of Pages: 261
1 Executive Summary
2 Introduction
3 The Dutch Insurance Industry Attractiveness
4 Non-Life Insurance Segment Outlook
5 Analysis by Distribution Channel
6 Regulatory Policies
7 Porter’s Five Forces Analysis – The Netherlands Non-Life Insurance Segment
8 Reinsurance Growth Dynamics and Challenges
9 Competitive Landscape and Strategic Insights
10 Business Environment and Country Risk
11 Appendix
List of Tables
List of Figures
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