Top Report - the Insurance Industry in Iceland to 2018

ResearchMoz.us include new market research report " The Insurance Industry in Iceland to 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Iceland has shared a greater commercial relationship with its neighboring countries since 1990 and is a member of the European Free Trade Association (EFTA), the European Economic Area (EEA) and the North Atlantic Treaty Organization (NATO). The country participates in the Single Market through the EEA.

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However, the country underwent a major financial crisis due to the collapse of three major privately owned commercial banks, the global financial crisis and the subsequent EU debt crisis during 2008–2011. Economists believe that the collapse of the three largest Icelandic banks is the largest suffered by any country on a per capita basis – however, these events did not have any significant impact on the country’s insurance industry. The prime reason for this was that the industry is dominated by the non-life segment, which accounted for an 87.6% of the industry’s written premium in 2013. The segment’s growth was driven by a favorable regulatory framework, which includes compulsory norms for a range of categories, such as motor insurance (Skyldutrygging) and fire insurance (Lögboðin brunatrygging).

Scope:-

This report provides a comprehensive analysis of the insurance industry in Iceland:

It provides historical values for the Icelandic insurance industry 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 segments and categories in the Icelandic insurance industry, along with forecasts until 2018.

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined...