Market Study: Life Insurance Industry in Australia to 2018

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

Life insurance is the largest segment of the Australian insurance industry, and accounted for 45.5% of the industry’s gross written premium in 2013. The life segment’s gross written premium decreased at a compound annual growth rate (CAGR) of -0.4% during the review period (2009–2013), due to an increase in claims following a rise in death rates and rising rates of policy lapses as consumers reduced insurance cover. Life insurance claims increased at a CAGR of 2.1%.

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The life segment is expected to grow over the forecast period due to factors such as an ageing population, low penetration compared to other developed countries and underinsurance. The gross written premium is expected to post a CAGR of 3.0% over the forecast period (2013–2018).

Scope:-

This report provides a comprehensive analysis of the life insurance segment in Australia:

It provides historical values for the Australian 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 the Australian life insurance segment, along with 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 life insurance products in Australia.

It profiles the top life insurance companies in Australia and outlines the key regulations affecting them.

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