Personal Accident and Health Insurance in Belgium Key Trends and Opportunities to 2019

  • ID: 4316972
  • Report
  • Region: Belgium
  • 121 pages
  • GlobalData
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FEATURED COMPANIES

  • AG Insurance
  • Allianz Belgium
  • Axa Belgium SA
  • Baloise Insurance
  • CBC Assurance
  • Chartis Europe
  • MORE
The 'Personal Accident and Health Insurance in Belgium, Key Trends and Opportunities to 2020' report provides detailed analysis of the trends, drivers, challenges in the Belgian personal accident and health insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011-2015) and forecast period (2015-2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Belgian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary:

The 'Personal Accident and Health Insurance in Belgium, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Belgian personal accident and health insurance segment, including:
  • The Belgian personal accident and health insurance segment’s growth prospects by insurance category
  • Key trends, drivers and challenges for the personal accident and health insurance segment
  • A comprehensive overview of the Belgian economy and demographics
  • The various distribution channels in the Belgian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Belgium
  • Details of regulatory policy applicable to the Belgian insurance industry
Scope:

This report provides a comprehensive analysis of the personal accident and health insurance segment in Belgium:
  • It provides historical values for the Belgian personal accident and health insurance segment for the report’s 2011-2015 review period, and projected figures for the 2015-2020 forecast period.
  • It offers a detailed analysis of the key categories in the Belgian personal accident and health insurance segment, and market forecasts to 2019.
  • It profiles the top personal accident and health insurance companies in Belgium, 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 Belgian personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Belgian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Belgian insurance industry, and their impact on companies and the industry's future.
Key Highlights:
  • The Belgian Minister of Social Affairs and Public Health signed a pact with pharma.be and FeBelGen to offer improved access to medication for patients, foster innovation in the industry and provide a comprehensive new deontological framework.
  • Brokers dominate the personal accident and health insurance segment’s distribution, as a result of the flexibility of choice they offer to customers, and their customized assistance.
  • Favorable government reforms, such as the introduction of notional interest, are expected to attract more foreign investment into the country, and increase demand for insurance products.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • AG Insurance
  • Allianz Belgium
  • Axa Belgium SA
  • Baloise Insurance
  • CBC Assurance
  • Chartis Europe
  • MORE
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Segment Outlook
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Claims
4.2.3 Profitability
4.2.4 Assets and investments
5 Outlook by Category
5.1 Personal Accident Insurance
5.1.1 Premium
5.1.2 Claims
5.1.3 Profitability
5.2 Health Insurance
5.2.1 Premium
5.2.2 Claims
5.2.3 Profitability
5.3 Travel Insurance
5.3.1 Premium
5.3.2 Claims
5.3.3 Profitability
6 Distribution Channel Outlook
7 Competitive Landscape
7.1 Company Profiles
7.1.1 Ethias - company overview
7.1.2 Axa Belgium - company overview
7.1.3 AG Insurance - company overview
7.1.4 Baloise Insurance - company overview
7.1.5 CBC Assurance - company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulation
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Motor third-party liability insurance
8.4.2 Social insurance system
8.4.3 Air carrier and aircraft operators insurance
8.4.4 Professional indemnity insurance for alternative investment fund managers
8.4.5 Clinical trials liability insurance
8.4.6 Liability insurance for drones
8.4.7 Liability insurance for third-party measurement organizations using CE-marked instruments
8.4.8 Professional indemnity insurance for insurance intermediaries
8.4.9 Liability for ships with respect to oil pollution
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 European Insurance and Occupational Pensions Authority
8.5.3 National regulatory authority
8.5.4 National Bank of Belgium
8.5.5 The Financial Services and Markets Authority
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and Penalties
8.7 Company Registration and Operations
8.7.1 Type of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margin
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Withholding taxes on premium paid overseas
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution
9 Databook
9.1 Policies and Premium
9.1.1 Claims and expenses
9.1.2 Assets and investments
9.1.3 Personal accident insurance
9.1.4 Health insurance
9.1.5 Travel insurance
10 Definitions and Methodology
10.1 Definitions
10.2 Methodology
11 About
11.1 Contact
11.2 About
11.3 Services
11.4 Disclaimer

List of Tables:
Table 1: Belgian Personal Accident and Health Insurance - Key Facts, 2015
Table 2: Belgian Personal Accident and Health Insurance - Leading Insurers, 2015
Table 3: Belgian Government Credit Ratings
Table 4: Belgian Personal Accident and Health Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2011-2015
Table 5: Belgian Personal Accident and Health Insurance - Penetration (%), 2011-2015
Table 6: Belgian Personal Accident and Health Insurance - Gross Written Premium (EUR Billion and US$ Billion), 2015-2020
Table 7: Belgian Personal Accident and Health Insurance - Penetration (%), 2015-2020
Table 8: Belgian Personal Accident and Health Insurance - Premium per Capita (EUR and US$), 2011-2015
Table 9: Belgian Personal Accident and Health Insurance - Premium per Capita (EUR and US$), 2015-2020
Table 10: Belgian Personal Accident and Health Insurance - Paid Claims (EUR Billion and US$ Billion), 2011-2015
Table 11: Belgian Personal Accident and Health Insurance - Paid Claims (EUR Billion and US$ Billion), 2015-2020
Table 12: Belgian Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
Table 13: Belgian Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
Table 14: Belgian Personal Accident and Health Insurance - Total Assets (EUR Billion and US$ Billion), 2011-2015
Table 15: Belgian Personal Accident and Health Insurance - Total Assets (EUR Billion and US$ Billion), 2015-2020
Table 16: Belgian Personal Accident and Health Insurance - Total Investment Income (EUR Million and US$ Million), 2011-2015
Table 17: Belgian Personal Accident and Health Insurance - Total Investment Income (EUR Million and US$ Million),), 2015-2020
Table 18: Belgian Personal Accident and Health Insurance - Investment Portfolio (EUR Million), 2011-2015
Table 19: Belgian Personal Accident and Health Insurance - Investment Portfolio (EUR Million), 2015-2020
Table 20: Belgian Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million),2011-2015
Table 21: Belgian Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Million), 2015-2020
Table 22: Belgian Personal Accident Insurance - Direct Written Premium (EUR Million and US$ Million), 2011-2015
Table 23: Belgian Personal Accident Insurance - Direct Written Premium (EUR Million and US$ Million), 2015-2020
Table 24: Belgian Personal Accident Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
Table 25: Belgian Personal Accident Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
Table 26: Belgian Personal Accident Insurance - Loss Ratio (%), 2011-2015
Table 27: Belgian Personal Accident Insurance - Loss Ratio (%), 2015-2020
Table 28: Belgian Health Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2011-2015
Table 29: Belgian Health Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2015-2020
Table 30: Belgian Health Insurance - Paid Claims (EUR Billion and US$ Billion), 2011-2015
Table 31: Belgian Health Insurance - Paid Claims (EUR Billion and US$ Billion), 2015-2020
Table 32: Belgian Health Insurance - Loss Ratio (%), 2011-2015
Table 33: Belgian Health Insurance - Loss Ratio (%), 2015-2020
Table 34: Belgian Travel Insurance - Direct Written Premium (EUR Million and US$ Million), 2011-2015
Table 35: Belgian Travel Insurance - Direct Written Premium (EUR Million and US$ Million), 2015-2020
Table 36: Belgian Travel Insurance - Paid Claims (EUR Million and US$ Million), 2011-2015
Table 37: Belgian Travel Insurance - Paid Claims (EUR Million and US$ Million), 2015-2020
Table 38: Belgian Travel Insurance - Loss Ratio (%), 2011-2015
Table 39: Belgian Travel Insurance - Loss Ratio (%), 2015-2020
Table 40: Belgian Personal Accident and Health Insurance -Leading Insurers, 2015
Table 41: Ethias - Key Facts
Table 42: Axa Belgium - Key Facts
Table 43: AG Insurance - Key Facts
Table 44: Baloise Insurance - Key Facts
Table 45: CBC Assurance - Key Facts
Table 46: Belgium - Insurance Regulatory Framework Key Features
Table 47: Belgium - Life Insurance Regulatory Framework
Table 48: Belgium - Property Insurance Regulatory Framework
Table 49: Belgium - Motor Insurance Regulatory Framework
Table 50: Belgium - Liability Insurance Regulatory Framework
Table 51: Belgium - Minimum Cover for Aircraft Third-Party Liability per Accident and Aircraft
Table 52: Belgium - Minimum Cover for RPA Third-Party Liability per Accident and per RPA
Table 53: Belgium - Insurance Premium Taxation 2017
Table 54: Belgium - Corporate Tax Rates for the Financial Year 2017
Table 55: Belgian Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
Table 56: Belgian Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
Table 57: Belgian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
Table 58: Belgian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
Table 59: Belgian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
Table 60: Belgian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
Table 61: Belgian Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
Table 62: Belgian Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
Table 63: Belgian Personal Accident and Health Insurance - Health Insurance, 2011-2015
Table 64: Belgian Personal Accident and Health Insurance - Health Insurance, 2015-2020
Table 65: Belgian Personal Accident and Health Insurance - Travel Insurance, 2011-2015
Table 66: Belgian Personal Accident and Health Insurance - Travel Insurance, 2015-2020
Table 67: Insurance Industry Definitions

List of Figures:
Figure 1: Belgian Economy by GDP Component (% of GDP), 1990-2015
Figure 2: Belgian Real GDP (EUR Billion), 2011-2020
Figure 3: Belgian Consumer Price Inflation (%), 2011-2020
Figure 4: Belgian Current Account Balance as Percentage of GDP (%), 2011-2020
Figure 5: Belgian Unemployment Rate, 2011-2020
Figure 6: Belgian Population by Age Group, 1990-2025
Figure 7: Belgian Personal Accident and Health Insurance Penetration - Regional Comparison (%), 2015
Figure 8: Belgian Insurance Segment Direct Written Premium Shares - Regional Comparison (%), 2015
Figure 9: Belgian Personal Accident and Health Insurance - Gross Written Premium (EUR Billion), 2011-2020
Figure 10: Belgian Personal Accident and Health Insurance - Penetration (%), 2011-2020
Figure 11: Belgian Personal Accident and Health Insurance - Premium per Capita (EUR), 2011-2020
Figure 12: Belgian Personal Accident and Health Insurance - Paid Claims (EUR Billion), 2011-2020
Figure 13: Belgian Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2020
Figure 14: Belgian Personal Accident and Health Insurance - Total Assets (EUR Billion), 2011-2020
Figure 15: Belgian Personal Accident and Health Insurance - Total Investment Income (EUR Billion), 2011-2020
Figure 16: Belgian Personal Accident and Health Insurance - Investment Portfolio (EUR Billion), 2011-2020
Figure 17: Belgian Personal Accident and Health Insurance - Investment Portfolio Dynamics by Category, 2011-2020
Figure 18: Belgian Personal Accident and Health Insurance - Direct Written Premium by Category (EUR Billion), 2011-2020
Figure 19: Belgian Personal Accident and Health Insurance - Direct Written Premium Dynamics by Category, 2011-2020
Figure 20: Belgian Personal Accident Insurance - Direct Written Premium (EUR Million), 2011-2020
Figure 21: Belgian Personal Accident Insurance - Paid Claims (EUR Million), 2011-2020
Figure 22: Belgian Personal Accident Insurance - Earned Premium, Incurred Loss and Loss Ratio (EUR Million and %), 2011-2020
Figure 23: Belgian Health Insurance - Direct Written Premium by Sub-Category (EUR Billion), 2011-2020
Figure 24: Belgian Health Insurance - Paid Claims (EUR Billion), 2011-2020
Figure 25: Belgian Health Insurance - Earned Premium, Incurred Loss and Loss Ratio (EUR Billion and %), 2011-2020
Figure 26: Belgian Travel Insurance - Direct Written Premium (EUR Million), 2011-2020
Figure 27: Belgian Travel Insurance - Paid Claims (EUR Million), 2011-2020
Figure 28: Belgian Travel Insurance - Earned Premium, Incurred Loss and Loss Ratio (EUR Million and %), 2011-2020
Figure 29: Belgium - Insurance Supervision and Control at Various Levels
Figure 30: Belgium - Insurance Supervision and Control at Various Levels
Figure 31: Belgium - Insurance Regulatory Frameworks for Company Registration and Operation
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  • Ethias
  • Axa Belgium SA
  • AG Insurance
  • Baloise Insurance
  • CBC Assurance
  • Belfius (Belins) Insurance Belgium SA
  • Chartis Europe
  • ING Life Belgium
  • Allianz Belgium
Note: Product cover images may vary from those shown
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