TMCnet News

Research and Markets: Life Insurance in Estonia, Key Trends and Opportunities to 2018
[May 27, 2015]

Research and Markets: Life Insurance in Estonia, Key Trends and Opportunities to 2018


Research and Markets (http://www.researchandmarkets.com/research/sjprqm/life_insurance_in) has announced the addition of the "Life Insurance in Estonia, Key Trends and Opportunities to 2018" report to their offering.

'Life Insurance in Estonia, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Estonian life insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.

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



Key Highlights

  • Life insurance accounted for 17.1% of the Estonian insurance industry's gross written premium in 2013.
  • High internet penetration has contributed to the rising popularity of e-commerce as a distribution channel.
  • Unit-linked products led the life segment, holding the greatest value.
  • Investment in products such as general annuity and retirement products - which are designed to pay lifetime benefits to extend beyond mortality to cover morbidity and longevity - is expected to be the life segment's key growth driver over the forecast period.
  • Estonian insurers have increased their investment in investment funds to compensate for long-term liabilities due to the low-interest-rate environment.
  • Bancassurance was the leading distribution channel with 37.3% of the life new business gross written premium.
  • Losses incurred by life insurers due to fraudulent claims rose during the review period.

Key Topics Covered:


1 Key Facts and Events

2 Executive Summary

3 Introduction

4 Estonian Insurance Industry Attractiveness

5 Life Insurance Outlook

6 Analysis by Distribution Channel

7 Governance, Risk and Compliance

8 Competitive Landscape and Strategic Insights

9 Appendix

Companies Mentioned

  • Compensa Life Vienna Insurance Group SE
  • Swedbank Life Insurance SE
  • SEB Elu- ja Pensionikindlustus
  • Mandatum Life Insurance Baltic SE

For more information visit http://www.researchandmarkets.com/research/sjprqm/life_insurance_in


[ Back To TMCnet.com's Homepage ]