|
| [March 19, 2013] |
 |
Research and Markets: The Insurance Industry in Cyprus, Key Trends and Opportunities to 2017 Gives Coverage on the Top Insurance Companies Involved
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/f8343k/the_insurance)
has announced the addition of the "The
Insurance Industry in Cyprus, Key Trends and Opportunities to 2017"
report to their offering.
Although the Cypriot industry is relatively small, EU membership is
helping the country to attract international insurance management and
reinsurance operations. The low penetration rate of life insurance, an
aging population and rising life expectancy is expected to drive the
growth of the life and personal accident and health insurance segments.
Product development and marketing campaigns are likely to increase
public awareness with regards to health insurance. Reforms in pensions
and healthcare will support the growth of retirement-related life
insurance products such as annuity and superannuation. Infrastructural
investments, coupled with a growing property market will support the
demand for non-life products.
Scope
This report provides a comprehensive analysis of the insurance industry
in Cyprus:
- It provides historic values for the Cypriot insurance industry 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 categories in
the Cypriot insurance industry, along with industry 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 Cyprus and outlines the key
regulations affecting them
Key Highlights
- Although the Cypriot industry is relatively small, EU membership is
helping the country to attract international insurance management and
reinsurance operations.
- The low penetration rate of life insurance, an aging population and
rising life expectancy is expected to drive the growth of the life and
personal accident and health insurance segments.
- Product development and marketing campaigns are likely to increase
public awareness with regards to health insurance.
- Reforms in pensions and healthcare will support the growth of
retirement-related life insurance products such as annuity and
superannuation.
- Infrastructural investments, coupled with a growing property market,
will support the demand for non-life products.
Companies Mentioned:
- EuroLife Ltd
- Laiki Cyprialife Ltd
- Universal Life Insurance Public Company Limited
- Pancyprian Insurance Company Ltd
- General Insurance of Cyprus (GIC)
For more information visit http://www.researchandmarkets.com/research/f8343k/the_insurance
[ Back To Insurance Technology's Homepage ]
|