Belgium Personal Accident and Health Insurance Market Analysis and Forecast 2016

Belgium Personal Accident and Health Insurance Market Emerging Opportunities, Key Trends, Size, Drivers, Outlook, Strategies, Products and Competitive Landscape 2018

Personal accident and health insurance accounted for 10.3% of the Belgian insurance industry's written premium in 2013, after recording a CAGR of 2.3% during the review period (2009-2013). This growth was primarily due to increases in medical expenditure, and Belgian outbound tourism. The expansion of the segment was also supported by positive demographic factors such as increased life expectancy and the country's large urban population. An increase in the government's private and public healthcare expenditure also fueled segment growth, although this was partially offset by weak economic growth and the impact of the European debt crisis.

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Key HighLights

Health insurance in Belgium comprises both public and private options.

Belgium's personal accident and health insurance penetration rate was 0.82% in 2013

Personal accident insurance accounted for 47.8% of the segment's gross written premium in 2013, followed by 45.1% of health and 7.0% of travel.

Personal accident and health insurance policies are primarily distributed through brokers, with the brokers channel accounting for 61.4% of the segment's total gross written premium in 2013.The popularity of bancassurance is also growing rapidly due to its relatively low administrative costs and consumer preference.

Table Of Content

1 Key Facts and Events

2 Executive Summary

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3 Introduction

3.1 What is this Report About?

3.2 Definitions

3.3 Methodology

4 Belgian Insurance Industry Attractiveness

4.1 Insurance Industry Size, 2009-2018

5 Personal Accident and Health Insurance Outlook

5.1 Consumer...