Albany, NY -- (SBWIRE) -- 10/23/2014 -- Synopsis

The report provides in-depth market analysis, information and insights into the Philippine personal accident and health insurance segment, including:

The Philippine personal accident and health insurance segment’s growth prospects by insurance category

Key trends and drivers for the personal accident and health insurance segment

The various distribution channels in the Philippine personal accident and health insurance segment

The detailed competitive landscape in the personal accident and health insurance segment in the Philippines

Detailed regulatory policies of the Philippine insurance industry

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Executive summary

Personal accident and health was the second-fastest-growing segment in terms of gross written premiums in the Philippine insurance industry during the review-period. Although the segment was the smallest in the industry, it grew at a review period (2009?2013) compound annual growth rate (CAGR) of 11.8%. High crime rates, the quality of the country’s private healthcare services and an expanding middle-class population supplemented the segment’s growth.
The increased capital requirement is anticipated to lead to a period of consolidation in the segment. However, government efforts to spread financial awareness are expected to support the segment over the forecast period, backed by a low penetration rate, rising health costs and regulatory amendments.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in the Philippines:

It provides historical values for the Philippine personal accident and health insurance segment for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period.

It offers a detailed analysis of the key sub-segments in the Philippine personal accident and health insurance segment, along with market forecasts until 2018.

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

It analyses the various distribution channels for personal accident and health insurance products in the Philippines.

It profiles the top personal accident and health insurance companies in the Philippines, and outlines the key regulations affecting them.

Table of Contents

1 Key Facts and Events

2 Executive Summary

3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology

4 Philippine Insurance Industry Attractiveness
4.1 Insurance Industry Size, 2009–2018

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