ResearchMoz.us include new market research report " Non-Life Insurance & Reinsurance in Hong Kong 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
Non-Life Insurance in Hong Kong:
The Hong Kong non-life insurance segment grew at a review-period (2009–2013) compound annual growth rate (CAGR) of 10.6%, primarily supported by rising motor vehicle sales, increased construction activity and a favorable regulatory environment. The increasing volume of construction and infrastructure projects drove demand for property insurance during the review period, supported the non-life segment. The non-life segment’s gross written premium grew at a review-period CAGR of 10.6%, and is expected to increase at a forecast-period (2014−2018) CAGR of 8.9%) in 2018. Property insurance was the largest category, in terms of gross written premium, during the review period accounting for 37.6% of the segment’s gross written premium in 2013. Liability insurance was the second-largest category in 2013.
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Hong Kong’s popularity as a reinsurance hub and anticipated growth of the life, non-life, and personal accident and health insurance segments are expected to drive the growth of Hong Kong reinsurance over the forecast period (2013–2018). Reinsurers operating in Hong Kong generate a considerable proportion of revenue from offshore business. The frequent occurrence of natural disasters in Asia-Pacific forced insurers to cede part of their premium to reinsurers to avoid substantial incurred loss. The premium accepted by the Hong Kong reinsurance segment rose at a review-period (2009–2013) compound annual growth rate (CAGR) of 19.3%.
View Full Report with TOC at: http://www.researchmoz.us/reinsurance-in-hong-kong-key-trends-and-opportunities-to-2018-report.html
Reasons to buy:-
- Make strategic business decisions using in-depth historic and forecast market data related to the Hong Kong non-life insurance & reinsurance segment and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities in the Hong Kong non-life insurance & reinsurance segment
- Identify the growth opportunities and market dynamics in key product categories
- Gain insights into key regulations governing the Hong Kong insurance industry, and their impact on companies and the industry's future
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