Intermediaries:South Korea Personal Accident and Health Insurance Market 2018

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Personal Accident and Health Insurance in South
Korea, Key Trends and Opportunities to 2018
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Summary
The report provides in-depth market analysis,
information and insights into the South Korean
personal accident and health insurance segment,
including The South Korean personal accident
and health insurance segments growth prospects
by insurance category Key trends, drivers and
challenges for the personal accident and health
insurance segment The various distribution
channels in the South Korean personal accident
and health insurance segment The detailed
competitive landscape in the personal accident
and health insurance segment in South Korea
Detailed regulatory policies of the South Korean
insurance industry Analysis of various consumer
segments in South Korean personal accident and
health insurance Key developments in the South
Korean personal accident and health insurance
segment New products launched by South Korean
personal accident and health insurers
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Synopsis

• In terms of gross written premium, the personal
  accident and health insurance segment grew from
  KRW16.3 trillion (US12.7 billion) in 2009 to
  KRW28.0 trillion (US25.5 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 segments growth
  over the forecast period (2013-2018). The
  segments gross written premium is projected to
  reach KRW43.4 trillion (US41.2 billion) in 2018,
  after registering a forecast-period CAGR of 9.2.
  
• It profiles the top personal accident and
  health insurance companies in South Korea and
  outlines the key regulations affecting them.
• Read The Complete Report On http//www.bigmarket
  research.com/personal-accident-and-health-insuranc
  e-in-south-korea-key-trends-and-opportunities-to-2
  018-market

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Scope
This report provides a comprehensive analysis of
the personal accident and health insurance
segment in South Korea It provides historical
values for the South Korean personal accident and
health insurance segment for the reports
2009-2013 review period, and projected figures
for the 2013-2018 forecast period. It offers a
detailed analysis of the key categories in the
South Korean personal accident and health
insurance segment, along with market forecasts
until 2018. 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
personal accident and health insurance products
in South Korea.
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Reasons To Buy
Make strategic business decisions using
in-depth historic and forecast market data
related to South Korean personal accident and
health insurance segment and each category within
it. Understand the demand-side dynamics, key
market trends and growth opportunities in the
South Korean personal accident and health
insurance segment. Assess the competitive
dynamics in the personal accident and health
insurance segment. Identify the growth
opportunities and market dynamics in key product
categories. Gain insights into key regulations
governing the South Korean insurance industry and
their impact on companies and the industry's
future. To Get More Details Enquire _at_
http//www.bigmarketresearch.com/report-enquiry/18
1905
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Key highlights
In terms of gross written premium, the personal
accident and health insurance segment grew at a
review-period 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. Due to the segments
competitive nature, South Korean personal
accident and health insurers primarily focus on
technical collaborations to gain a competitive
advantage. The segment remains highly
competitive, and challenges arise from high rates
of suicide and smoking, leading to huge losses
for insurers during the review period. The
growth of personal accident category is expected
to be driven by rising consumer awareness of the
importance of personal accident cover, due to the
countrys high traffic accident rate. Growth
in the health category is expected to be driven
by an overall rise in healthcare expenditure due
to South Koreas rapidly aging population, and
the increased participation of private health
insurers.
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Table Of Content
1 Key Facts and Events 2 Executive Summary 3
Introduction 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 9 Appendix 1 10 Appendix - 2
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