Life Insurance in Portugal, Key Trends and Opportunities to 2018

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Category: Business and Industry

Date Submitted: 04/23/2015 03:22 AM

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Synopsis

Life insurance was the largest segment in the Portuguese insurance industry in 2013. Portugal’s weak economic environment and rising unemployment rate, as a result of the financial crisis and the subsequent sovereign debt crisis, led to a decline in life insurance sales during the review period (2009-2013). The segment declined at a compound annual growth rate (CAGR) of -2.6%. However, the segment is expected post a forecast period (2013-2018) CAGR of 2.0% due to projected economic growth following Portugal’s bailout program in May 2014.

The life insurance segment is highly concentrated, with the 10 leading insurers accounting for 91.6% of the segment’s gross written premium in 2013. As of 2013, 30 insurers – domestic and foreign – were operational in Portugal.

Read more details at: http://www.bigmarketresearch.com/life-insurance-in-portugal-key-trends-and-opportunities-to-2018-market

Summary

The report provides in-depth market analysis, information and insights into the Portuguese life insurance segment, including:

The Portuguese life insurance segment’s growth prospects by life insurance category

Key trends, drivers and challenges for the life insurance segment

The various distribution channels in the Portuguese life insurance segment

The detailed competitive landscape in the life insurance segment in Portugal

Detailed regulatory policies of the Portuguese insurance industry

Analysis of various consumer segments in Portuguese life insurance

Key developments in the Portuguese life insurance segment

New products launched by Portuguese life insurers

Scope

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

It provides historical values for the Portuguese 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 Portuguese life insurance segment, along with market...