Personal Accident and Health Insurance in Chile, Key Trends and Opportunities to 2018

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Nov 26, 2014, 07:03 ET

NEW YORK, Nov. 26, 2014 /PRNewswire/ -- Synopsis
The report provides in-depth market analysis, information and insights into the Chilean personal accident and health insurance segment, including:
- The Chilean 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 Chilean personal accident and health insurance segment
- The detailed competitive landscape in the personal accident and health insurance segment in Chile
- Detailed regulatory policies of the Chilean insurance industry
- Analysis of various consumer segments in Chilean personal accident and health insurance
- Key developments in the Chilean personal accident and health insurance segment
- New products launched by Chilean personal accident and health insurers

Summary
The personal accident and health insurance segment was one of the fastest-growing in the Chilean insurance industry during the review period (2009–2013). The segment primarily benefited from the country's increasing healthcare cost, compulsory personal accident insurance, compulsory minimum health insurance contributions and growth within the travel and tourism sector.
The leading insurers in the segment included MetLife Chile, EuroAmerica and BICE Vida. The segment's healthy review-period growth is expected to encourage several international companies to enter the segment, making it more competitive over the forecast period (2013?2018). Moreover, government efforts to build a regulatory framework for private health insurers, along with country's regulatory reforms in line with Europe's solvency regulations, are projected to support Chilean personal accident and health insurers to build high levels of consumer confidence.

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Chile :
- It provides historical values for the Chilean personal accident and health insurance segment for the report's 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
- It offers a detailed analysis of the key categories in the Chilean 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 Chile .
- It profiles the top personal accident and health insurance companies in Chile and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to Chilean personal accident and health insurance segment and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Chilean personal accident and health insurance segment.
- Assess the competitive dynamics in the personal accident and health insurance segment.
- Identify the growth opportunities and market dynamics in key product categories.
- Gain insights into key regulations governing the Chilean insurance segment, and their impact on companies and the industry's future.

Key Highlights
- The personal accident and health insurance segment was one of the fastest growing in the Chilean insurance industry during the review period (2009–2013).
- The segment primarily benefited from the country's increasing healthcare cost, compulsory personal accident insurance, compulsory minimum health insurance contributions and growth within the travel and tourism sector.
- The segment's healthy review-period growth is expected to encourage several international companies to enter the segment, making it more competitive over the forecast period (2013?2018).
- Government efforts to build a regulatory framework for private health insurers, along with country's regulatory reforms in line with Europe's solvency regulations, are projected to support Chilean personal accident and health insurers to build high levels of consumer confidence.
- Personal accident and health insurers need to develop effective distribution models to meet the needs of the country's socio-economically diverse regions, as a strong and efficient distribution network enables insurance companies to maintain their cost competiveness.
Read the full report: http://www.reportlinker.com/p0943082-summary/view-report.html

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