Non-Life Insurance in Australia, Key Trends and Opportunities to 2018 Synopsis The report provides in-depth market analysis, information and insights into the Australian non-life insurance segment, including: The Australian non-life insurance segment’s growth prospects by category Key trends and drivers for the non-life insurance segment The various distribution channels in the Australian non-life insurance segment The detailed competitive landscape of the non-life insurance segment in Australia Detailed regulatory policies applicable to the Australian insurance industry Executive summary The Australian non-life insurance segment’s gross written premium grew at a compound annual ...view middle of the document...
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 Australia. It profiles the top non-life insurance companies in Australia 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 Australian non-life insurance segment and each category within it Understand the demand-side dynamics, key market trends and growth opportunities in Australian non-life insurance segment Assess the competitive dynamics in the non-life insurance segment Identify the growth opportunities and market dynamics in key product categories Gain insights into key regulations governing the Australian insurance industry, and their impact on companies and the market's future Key highlights In terms of gross written premium, the Australian insurance industry was the 11th-largest in the world in 2012. Non-life insurance was the second-largest segment during the review period, with property and motor insurance contributing to this growth. Property insurance is the largest category in the non-life segment with 41.3% share in terms of gross written premium in 2013. Motor vehicle sales in Australia grew at a CAGR of 2.5% during the review period. Interest rates stood at a record low in Australian history with 2.5% in 2013, which forced insurers to increase the premium rates. table Of Contents
1 Executive Summary
2 Introduction 2.1 What Is This Report About? 2.2 Definitions 2.3 Methodology
3 Australian Insurance Industry Attractiveness 3.1 Insurance Industry Size, 2009–2018 3.2 Key Industry Trends And Drivers 3.3 Challenges 3.4 Recent Market Developments
4 Non-life Insurance Outlook 4.1 Consumer Segmentation 4.2 Product And Marketing Strategies 4.2.1 Product Strategies 4.2.2 Marketing Strategies 4.3 Non-life Insurance Growth Prospects By Category 4.4 Property Insurance 4.4.1 Fire And Allied Perils Insurance 4.4.2 Engineering Insurance 4.4.3 Agriculture Insurance 4.4.4 Other Property Insurance 4.5 Motor Insurance 4.5.1 Motor Hull Insurance 4.5.2 Motor Third-party Insurance
Non-Life Insurance in Australia, Key Trends and Opportunities to 2018
4.6 Liability Insurance 4.6.1 Workmen’s Compensation, Industrial Accident And Employer’s Liability Insurance 4.6.2 Professional Liability Insurance 4.6.3 Other Liability Insurance 4.7 Marine, Aviation And Transit Insurance 4.7.1 Marine Insurance 4.7.2 Marine Hull Insurance 4.7.3 Marine Liability 4.7.4 Aviation Insurance 4.7.5 Transit Insurance
5 Analysis By Distribution Channels 5.1 Direct Marketing 5.2 Bancassurance 5.3 Agencies 5.4 E-commerce 5.5 Brokers 5.6 Other Channels
6 Porter’s Five Forces Analysis – Australian Non-life Insurance 6.1 Bargaining Power...