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TMCNet:  Research and Markets: Market Research: Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017

[March 13, 2014]

Research and Markets: Market Research: Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/p6qmhp/nonlife) has announced the addition of the "Non-Life Insurance in Denmark, Key Trends and Opportunities to 2017" report to their offering.

The non-life segment is the second-largest in the Danish insurance industry, representing 21.5% of the industry's gross written premium in 2012. It was led by the property insurance category with a 53.0% share of the segment's gross written premium in 2012, followed by motor insurance with 32.7%. Mandatory fire insurance for houses supported the growth of property insurance in Denmark.

Moreover, growth in automobile sales and recovery in the property market in Denmark supported the growth of the non-life segment during the review period, and is expected to continue to do so over the forecast period.

Compulsory third-party motor liability insurance and comprehensive motor insurance also supported the growth of non-life insurance during the review period, and both motor and property insurance are expected to retain their shares overthe forecast period.


Key Highlights:

- Non-life insurance was the second-largest segment in the Danish insurance industry in 2012, representing a 21.5% industry share

- The Danish non-life segment is large and concentrated, with the top 10 insurers accounting for around 85% of the segment's overall gross written premium in 2012

- Property insurance dominated the segment with a 53.0% share in 2012, followed by motor insurance with 32.7, general liability with 12.1% and marine aviation and transit insurance with 2.2%

- As of 2012, 85 companies were licensed to conduct non-life insurance business in the country, down from 113 in 2008

- A series of mergers and acquisitions during the review period significantly changed the competitive structure of the industry

Key Topics Covered:

Executive Summary

Introduction

Nordic Region Market Dynamics

Non-Life Insurance Segment - Regional Benchmarking

Danish Insurance Industry Attractiveness

Non-Life Insurance Outlook

Analysis by Distribution Channels

Porter's Five Forces Analysis - Danish Non-Life Insurance Market

Reinsurance Growth Dynamics and Challenges

Governance, Risk and Compliance

Competitive Landscape and Strategic Insights

Business Environment and Country Risk

Appendix

List of Tables

List of Figures

Companies Mentioned

- Alm. Brand Forsikring A/S

- Alpha Insurance A/S

- Codan (News - Alert) Forsikring A/S

- Danske Forsikring A/S

- Forsikrings-Aktieselskabet Alka Liv II

- GF-Forsikring A/S

- LB Forsikring A/S

- Nykredit Forsikring A/S

- Topdanmark Forsikring A/S

- Tryg Forsikring A/S

For more information visit http://www.researchandmarkets.com/research/p6qmhp/nonlife

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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