TMCnet News
Research and Markets: Life Insurance in Australia, Key Trends and Opportunities to 2018DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/rldff8/life_insurance_in) has announced the addition of the "Life Insurance in Australia, Key Trends and Opportunities to 2018" report to their offering. Life insurance is the largest segment of the Australian insurance industry, and accounted for 45.5% of the industry's gross written premium in 2013. The life segment's gross written premium decreased at a compound annual growth rate (CAGR) of -0.4% during the review period (2009-2013), due to an increase in claims following a rise in death rates and rising rates of policy lapses as consumers reduced insurance cover. Life insurance claims increased at a CAGR of 2.1%. The life segment is expected to grow over the forecast period due to factors such as an aging population, low penetration compared to other developed countries and underinsurance. The gross written premium is expeced to post a CAGR of 3.0% over the forecast period (2013-2018). Key Highlights
Key Topics Covered: 1 Executive Summary 2 Introduction 3 Australian Insurance Industry Attractiveness 4 Life Insurance Outlook 5 Analysis by Distribution Channel 6 Porter's Five Forces Analysis - Australian Life Insurance 7 Reinsurance Growth Dynamics and Challenges 8 Governance, Risk and Compliance 9 Competitive Landscape and Strategic Insights 10 Business Environment and Country Risk 11 Appendix Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/rldff8/life_insurance_in.
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