The Insurance Industry in Liechtenstein, Key Trends and Opportunities to 2019

The Insurance Industry in Liechtenstein, Key Trends and Opportunities to 2019

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/Liechtenstein/service-industries-insurance/report/00RV-IS1217MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’The Insurance Industry in Liechtenstein, Key Trends and Opportunities…’ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

Timetric’s ‘The Insurance Industry in Liechtenstein, Key Trends and Opportunities to 2019’ report provides detailed analysis of the market trends, drivers and challenges in the Liechtenstein insurance industry.

It provides key performance indicators such as written premium, total assets and total investment income during the review period (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Liechtenstein economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Scope

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

o It provides historical values for the Liechtenstein insurance industry for the report’s 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

o It offers a detailed analysis of the key segments in the Liechtenstein insurance industry, with market forecasts to 2019.

o It covers an exhaustive list of parameters, including written premium, total assets and total investment income.

o It analyzes the various distribution channels in Liechtenstein.

o It profiles the top insurance companies in Liechtenstein and outlines the key regulations affecting them.

Highlights

o Following trade treaties with Switzerland and membership access to the European Economic Area (EEA), Liechtenstein is the only country with direct access to both Switzerland and the EEA. Since its accession to the EEA, Liechtenstein has adopted a low tax rate system, encouraging business from Swiss and other EEA countries.

o The insurance industry is driven by offshore business; over 99.0% of revenues were generated from the EU and Switzerland in 2014.

o Growth in life insurance was a result of rising demand for fund- and unit-linked products, while growth in the non-life and personal accident and health segments was driven by compulsory building, health and fire insurance.

o The industry’s outlook remains optimistic, given improving business and economic conditions in key EU member states.

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Report: REP000218848[/fusion_builder_row][/fusion_builder_container]

The Insurance Industry in Bosnia and Herzegovina, Key Trends and Opportunities to 2019

The Insurance Industry in Bosnia and Herzegovina, Key Trends and Opportunities to 2019

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/Bosnia and Herzegovina/service-industries-insurance/report/00RV-IS1216MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’The Insurance Industry in Bosnia and Herzegovina, Key Trends and…’ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

Timetric’s ‘The Insurance Industry in Bosnia and Herzegovina, Key Trends and Opportunities to 2019’ report provides detailed analysis of the market trends, drivers and challenges in the Bosnian insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Bosnian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Scope

This report provides a comprehensive analysis of the insurance industry in Bosnia and Herzegovina:

o It provides historical values for the Bosnian insurance industry for the report’s 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

o It offers a detailed analysis of the key segments in the Bosnian insurance industry, with market forecasts to 2019.

o It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.

o It analyzes the various distribution channels in Bosnia and Herzegovina.

o It profiles the top insurance companies in Bosnia and Herzegovina and outlines the key regulations affecting them.

Highlights

o Despite economic challenges and poor living standards, the insurance industry posted a review-period CAGR of 4.5%.

o Rising public awareness of the benefits of insurance products and aggressive promotions by insurers supported the industry’s overall growth.

o Factors such as aggressive promotions by life insurers, rising consumer awareness of savings products, and compulsory life insurance for bank loans supported life insurance’s growth during the review period.

oMandatory insurance classes dominate the industry; the motor category accounted for 80.1% of the non-life gross written premium in 2014.

o The impletion of bonus-malus by the authority is expected to enable policyholders with good claims histories to benefit from discounts on premium renewals.

o Insurance providers in Bosnia and Herzegovina demonstrated strong in-house underwriting expertise by ceding a limited proportion of revenues to reinsurance.

o The introduction of new insurance products, business transparency and measures to spread awareness of the benefits of insurance are expected to raise the penetration and premium per capita levels over the forecast period.

About Research and Experts:

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Bunratty, Co. Clare, Ireland

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Report: REP000218847[/fusion_builder_row][/fusion_builder_container]

The Insurance Industry in the Gambia, Key Trends and Opportunities to 2019

The Insurance Industry in the Gambia, Key Trends and Opportunities to 2019

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/Gambia/service-industries-insurance/report/00RV-IS1214MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’The Insurance Industry in the Gambia, Key Trends and Opportunities…’ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

Timetric’s ‘The Insurance Industry in the Gambia, Key Trends and Opportunities to 2019’ report provides detailed analysis of the market trends, drivers and challenges in the Gambian insurance industry.

It provides key performance indicators such as written premium and total assets during the review period (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Gambian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Scope

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

o It provides historical values for the Gambian insurance industry for the report’s 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

o It offers a detailed analysis of the key segments in the Gambian insurance industry, with market forecasts to 2019.

o It covers an exhaustive list of parameters, including written premium and total assets.

o It analyzes the various distribution channels in the Gambia.

o It profiles the top insurance companies in the Gambia and outlines the key regulations affecting them.

Highlights

o The Gambian economy is dependent on financial assistance and technical aid from multilateral and bilateral contributors, as well as, on the government’s economic management. Agriculture, tourism and remittances from abroad each broadly constitute about 20.0% of the country’s GDP.

o Insurance companies introduced the No Premium, No Cover concept in February 2016, requiring insurers to collect premiums in advance before providing cover. The provision is part of the Insurance Act 2003, but was not implemented by insurers until 2016.

o In February 2015, the Insurance Association of Gambia (IAG), an association of insurers, relaunched a local population sensitization program to provide comprehensive industry training to employees and executives, in partnership with the West African Insurance Institute. The program aimed to promote insurance knowledge and employee competency.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Insurance and much more.

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Bunratty, Co. Clare, Ireland

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Report: REP000218846[/fusion_builder_row][/fusion_builder_container]

Construction in Romania – Key Trends and Opportunities to 2020

Construction in Romania – Key Trends and Opportunities to 2020

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/Romania/heavy-industry-manufacturing-and/report/00RV-CN0285MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’Construction in Romania – Key Trends and Opportunities to 2020′ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

In real terms, the Romanian construction industry registered limited growth during the review period (2011-2015), due to low investments in construction projects during 2011-2012. Corruption allegations against politicians adversely affected investor confidence. The industry recovered in 2013 owing to the adoption of anti-corruption reforms and gradual improvements in the country’s political conditions. Consequently, the country’s construction industry posted growth of 5.0% in real terms that year.

The industry is expected to expand over the forecast period (2016-2020), driven by improvements in investor confidence and subsequent funding for infrastructure, residential, commercial and industrial projects.

The government’s Transport Master Plan, First Home program and Rural Development Program (RDP) will support industry growth over the forecast period.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.28% over the forecast period; up from 1.42% during the review period.

Over the forecast period, the government’s efforts to improve transport and residential infrastructure will support industry growth. In addition, the government’s aim to develop local energy resources and is expected to support investments in energy infrastructure projects, which will fuel industry growth.

Scope

This report provides a comprehensive analysis of the construction industry in Romania. It provides:

o Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Romania using construction output and value-add methods

o Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

o Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

o Analysis of key construction industry issues, including regulation, cost management, funding and pricing

o Detailed profiles of the leading construction companies in Romania

Highlights

o To improve transport infrastructure and promote economic growth, the government is planning to implement the transport master plan, which was approved by the European Commission (EC) in July 2015. Under this program, the government announced its intentions to invest RON190.4 billion (US$47.7 billion) to develop road, rail, water and air transport infrastructure until 2030.

o With the aim of achieving self-sufficiency in energy production, the government is planning to invest RON491.0 billion (US$123.0 billion) under the energy strategy 2015-2035. This plan includes investments in energy, oil and gas, and mining infrastructure by 2035. To replace the aging energy production plants, the government is planning to add two new units to the nuclear plant located in Cernavoda, with an investment of RON29.5 billion (US$7.4 billion).

o To develop small-scale rural infrastructure, the government is planning to invest RON36.7 billion (US$9.2 billion) under the RDP until 2020. This includes investments for the improvement of local road infrastructure for agricultural purposes and forestry roads.

o With the aim of improving access to healthcare services, the government implemented the Health for Prosperity (2014-2020) National Health Strategy. As a part of this strategy, it seeks to promote healthcare as a key determinant for the development of economic and social conditions. Under the strategy, community healthcare will become cost-effective.

o The World Bank granted a RON949.2 million (US$283.4 million) loan in March 2014 to help Romania improve and enhance its healthcare system. Effective until 2020, the project aims to improve efficiency, quality and access to public healthcare services by developing hospitals and the healthcare service-delivery network.

About Research and Experts:

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Bunratty, Co. Clare, Ireland

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Report: REP000218845[/fusion_builder_row][/fusion_builder_container]

Construction in New Zealand – Key Trends and Opportunities to 2020

Construction in New Zealand – Key Trends and Opportunities to 2020

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/New Zealand/heavy-industry-manufacturing-and/report/00RV-CN0283MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’Construction in New Zealand – Key Trends and Opportunities to 2020′ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

New Zealand’s construction industry will continue to expand in real terms over the forecast period (2016-2020), with investment in infrastructure construction, healthcare, education facilities and housing projects continuing to drive growth. Growth will also be driven by the Thirty-Year New Zealand Infrastructure Plan 2015, through which the government aims to develop the country’s road, rail, and airport infrastructure.

In real terms, the industry’s output value rose at a compound annual growth rate (CAGR) of 6.60% during the review period (2011-2015), although this is expected to decelerate slightly to 6.07% over the forecast period.

Industry growth will be supported by government and private sector investments to modernize the country’s transport infrastructure and renewable energy sector. Population growth will also create fresh demand for residential construction

The government plans to invest NZD157.3 billion (US$110.0 billion) in infrastructure through the Thirty-Year New Zealand Infrastructure Plan to develop road and rail infrastructure.

A government fund to develop areas affected by earthquakes will support industry growth over the forecast period. It plans to invest NZD15.2 billion (US$10.6 billion) in redevelopment by 2018.

Scope

This report provides a comprehensive analysis of the construction industry in New Zealand. It provides:

o Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in New Zealand using construction output and value-add methods

o Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

o Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

o Analysis of key construction industry issues, including regulation, cost management, funding and pricing

o Detailed profiles of the leading construction companies in New Zealand

Highlights

o New Zealand’s infrastructure construction market will benefit from the government’s Thirty-Year New Zealand Infrastructure Plan 2015 which allocates NZD157.3 billion (US$110.0 billion) to infrastructure construction. Planned projects include the Auckland City Rail Link (CRL), the Auckland Western Ring Route, the Panmure Corridor, and the Wellington Transmission Gully.

o Residential property prices are rising constantly. According to the 12th Annual Demographia International Housing Affordability Survey, Auckland ranked as the world’s fifth-most-expensive city for residential property in 2016; up from ninth place in 2015.

o With the aim of providing affordable houses to middle- and low-income earners, the government established the Social Housing Reform Program (SHRP). In November 2015, the government announced that the program will build 1,000 social houses in Auckland by the end of 2018.

o Energy and utility construction is expected to benefit from the government’s aim to increase the share of renewable sources in the country’s total energy mix under the Energy Strategy 2011-2021. The share of renewable electricity will rise from 80.0% of the total energy mix in 2015 to 90.0% by 2025. Accordingly, the government aims to increase the capacity of hydro, solar and geothermal power plants by 2020 under a PPP model.

o Government focus on the development of the healthcare and education will drive growth in the institutional construction market over the forecast period. Despite a weak economic performance, the government increased total spending on education and healthcare by 3.0%.

About Research and Experts:

Research and Experts brings you to the latest reports in market research on Manufacturing and Construction and much more.

Contact:

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Bunratty, Co. Clare, Ireland

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Report: REP000218844[/fusion_builder_row][/fusion_builder_container]

The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020

The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020

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News5050 – Industry Reports

June 13, 2016

[/fusion_builder_column][fusion_builder_column type=”1_3″ spacing=’yes’ last=’yes’ background_color=” background_image=” background_repeat=’no-repeat’ background_position=’left top’ border_size=’0px’ border_color=” border_style=’solid’ padding=” class=” id=”][fusion_button link=’http://www.researchandexperts.com/France/service-industries-financial-ser/report/00RV-VR1111MR/’ color=’orange’ size=’large’ type=’flat’ shape=’pill’ target=’_blank’ title=’The Cards and Payments Industry in France: Emerging Trends and Opportunities…’ gradient_colors=’|’ gradient_hover_colors=’|’ accent_color=” accent_hover_color=” bevel_color=” border_width=’1px’ shadow=” icon=’fa-search’ icon_divider=’yes’ icon_position=’left’ modal=” animation_type=’0′ animation_direction=’down’ animation_speed=’0.1′ alignment=’left’ class=” id=”]View report[/fusion_button][/fusion_builder_column]

The Report:

Timetric’s ‘The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020’ report provides detailed analysis of market trends in France’s cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits, payment cards and cash transactions during the review period (2011-2015).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2016-2020). It also offers information on the country’s competitive landscape, including market shares of issuers and schemes.

The report brings together Timetric’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure, card fraud statistics and profiles of card issuers operating in the country.

Scope

o This report provides a comprehensive analysis of France’s cards and payments industry.

o It provides current values for France’s cards and payments industry for 2015, and forecast figures to 2020.

o It details the different demographic, economic, infrastructural and business drivers affecting France’s cards and payments industry.

o It outlines the current regulatory framework in the industry.

o It details marketing strategies used by various banks and other institutions.

o It profiles major banks in France’s cards and payments industry.

Highlights

o The French payment cards market has seen the uptake of contactless technology. According to the French Association of Contactless Mobile (AFSCM), the number of contactless transactions increased rapidly to reach 40.0 million in March 2016 – an increase of 17.3% over February 2016. The contactless card payments registered a staggering year-on-year growth of 171% in March 2016. In this regard, banks and telecom operators are launching contactless mobile payment (m-payment) services. One of the latest of these is the Crédit Mutuel-CIC app introduced by Crédit Mutuel in partnership with the m-payment solution provider Airtag in November 2015. Similarly, BNP Paribas expanded its KIX contactless payments service in April 2014, allowing its customers to make contactless payments for purchases of up to US$333.2 (EUR300) with a monthly ceiling of US$1,666.1 (EUR1,500). However, users must enter their PIN for payments over US$22.2 (EUR20). These moves are anticipated to further increase contactless transactions in France.

o To increase the uptake of mobile POS (mPOS) among small merchants, solution providers are offering terminals at lower costs. According to a 2014 study by Visa Europe, there were 730,000 small and medium enterprises (SMEs) in the country who are equipped with smartphones but who do not accept card payments. Therefore, POS terminal manufacturers are introducing low-cost terminals to increase merchant adoption. For example, iZettle launched a card reader exclusively for small merchants in May 2015, allowing them to accept m-payments by simply connecting the reader to a smartphone. Similarly, Payleven and SumUp offer low-cost card readers for small merchants. The introduction of low-cost solutions is anticipated to encourage merchants to accept card-based payments, further driving payment card transaction volumes and values.

o Despite the availability of secure online payment solutions Verified by Visa and MasterCard Secure Code, online card fraud grew during the review period (2011-2015). Card-not-present fraud accounted for 66.0%, the highest share of the total fraud registered in 2015. To curb this, banks in France are experimenting with new a technology called ‘motion code’ solution, under which the three-digit security (CVV) code on the back of the card is replaced with a mini-screen which displays a code that changes automatically at regular intervals. The project was undertaken by BPCE and BNP Paribas in partnership with Oberthur Technologies, and is presently under pilot. The two banks are planning to roll out the solution over the course of 2016. This additional security is anticipated to reduce the probability of cards being used for fraudulent transactions online.

About Research and Experts:

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Contact:

John Caldwell

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Bunratty, Co. Clare, Ireland

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Report: REP000218849[/fusion_builder_row][/fusion_builder_container]