Non-Life Insurance Market in Kuwait to 2018: Global Market Size, Shares, Growth, Analysis, Summary, Trends and Forecast
ALBANY, NY, JUNE 2015 -- ResearchMoz.us includes new market research report " Non-Life Insurance Market in Kuwait to 2018: Global Market Size, Shares, Growth, Analysis, Summary, Trends and Forecast" to its huge collection of research reports.
The 'Non-Life Insurance in the Kuwait, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Kuwaiti non-life insurance segment. It provides values of a number of Key Performance Indicators (KPI) such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.
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The report brings together 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 regulatory structure.
This report provides a comprehensive analysis of the non-life insurance segment in Kuwait:
It provides historical values for the Kuwaiti non-life insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key categories in Kuwait’s non-life 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 non-life insurance products in Kuwait.
It profiles the top non-life insurance companies in Kuwait and outlines the key regulations affecting them.
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Reasons to buy:-
Make strategic business decisions using in-depth historic and forecast market data related to the Kuwaiti non-life insurance segment and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Kuwaiti 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 Kuwaiti insurance industry and their impact on companies and the industry's future.
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Non-life insurance was the largest segment in the Kuwaiti insurance industry in 2013, accounting for 56.4% of its total gross written premium.
Growth in the segment can be attributed to rises in the number of vehicles, the population and disposable income, and compulsory motor insurance.
Motor insurance was the leading category in the non-life insurance segment, accounting for 49.6% of the segment’s gross written premium in 2013.
An increase in construction activity in Kuwait during the review period drove demand in the non-life segment, with this trend expected to continue over the forecast period.
Insurance companies in Kuwait cede a large percentage of their gross written premium to reinsurers; the non-life segment ceded 50.4% of its premium to reinsurers in 2013.
The industry is dominated by domestic insurers.
Agencies are the leading distributors in the Kuwaiti non-life insurance segment, accounting for 41.2% of the segment’s gross written premium new business in 2013.
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