Bharat Book

The Insurance Industry in Macedonia Key Trends and Opportunities

Press Release   •   Aug 02, 2013 17:03 IST

The report provides in depth industry analysis, information and insights into the insurance industry in Macedonia, including:
• The Macedonian insurance industry’s growth prospects by insurance segments and sub-segments
• The competitive landscape in the Macedonian insurance industry
• The current trends and drivers of the Macedonian insurance industry
• The challenges facing the Macedonian insurance industry
• The regulatory framework of the Macedonian insurance industry

Summary

The Macedonian insurance industry is small and in the developmental stage with the insurance penetration rate standing at 1.52% at the end of 2012. The industry was largely unaffected by the global financial crisis. Overall, gross written premiums expanded at a CAGR of 2.2% during the review period (2008–2012), led by a strong performance in the life insurance segment which registered a CAGR of 22.4%. Insurance industry growth was also supported by gradual economic development and an increase in the number of international companies in the industry. According to the Insurance Supervision Agency (ISA), the regulator of the Macedonian insurance industry, there were 15 insurance companies (five life insurers and 10 non-life insurers) operating at the end of 2012.

Scope

This report provides a comprehensive analysis of the insurance industry in Macedonia:
• It provides historical values for the Macedonian insurance market for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key segments and sub-segments in the Macedonian insurance market, along with market forecasts until 2017
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
• It profiles the top insurance companies in Macedonia and outlines the key regulations affecting them

Reasons To Buy

• Make strategic business decisions using in depth historic and forecast market data related to the Macedonian insurance industry and each segment within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Macedonian insurance industry
• Assess the competitive dynamics in the Macedonian insurance industry
• Identify the growth opportunities and market dynamics within key segments
• Gain insights into key regulations governing the Macedonian insurance industry and its impact on companies and the industry's future

Key Highlights

• The Macedonian insurance industry is small and in the developmental stage
• The insurance penetration rate stood at 1.52% at the end of 2012
• The industry was largely unaffected by the global financial crisis
• Overall, gross written premiums expanded at a CAGR of 2.2% during the review period
• It was led by a strong performance in the life insurance segment which registered a CAGR of 22.4%
• Insurance industry growth was also supported by gradual economic development and an increase in the number of international companies in the industry
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Macedonian Insurance Industry Overview
3.1 Macedonian Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
3.4 Regulation
4 Industry Segmentation
4.1 Life Insurance
4.2 Non-Life Insurance
4.2.1 Property insurance
4.2.2 Motor insurance
4.2.3 Liability insurance
4.2.4 Marine, aviation and transit insurance
4.3 Personal Accident and Health Insurance
4.3.1 Personal accident insurance
4.3.2 Health insurance
4.3.3 Travel insurance
4.4 Reinsurance
5 Competitive Landscape
5.1 Overview
5.2 Leading Companies
5.2.1 QBE Macedonia (QBE) – company overview
5.2.2 Triglav Osiguruvanje AD – company overview
5.2.3 Sava Osiguruvanje AD – company overview
5.2.4 Euroins Insurance Plc – company overview
5.2.5 Winner Insurance – company overview
5.2.6 Eurolink Insurance Corp. Skopje – company overview
5.2.7 Insig AD Makedonija – company overview
5.2.8 Uniqa Insurance – company overview
5.2.9 Croatia Osiguranje – Život AD – company overview
5.2.10 Albsig – company overview
6 Macroeconomic Indicators
6.1 GDP at Constant Prices (US dollars)

For more information kindly visit : http://www.bharatbook.com/insurance-market-research-reports/the-insurance-industry-in-macedonia-key-trends-and-opportunities-to-2017.html

Related reports: http://www.bharatbook.com/market-research-report/insurance.html

About Bharat Book Bureau:

Bharat Book Bureau is the leading market research information provider for market research reports, , company profiles, industry analysis, country reports , business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

Contact Us at:

Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Call UK: +44 7405 208461
Toll Free No in USA/Canada : 1-866-279-8368
Email: info@bharatbook.com 
Website:  www.bharatbook.com 
Follow us on twitter:  https://twitter.com/researchbook 
Follow us on linkedin : http://www.linkedin.com/company/bharat-book-bureau 
Our Blog : http://blog.bharatbook.com/ 


Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.