Research and Markets: Personal Accident and Health Insurance in Cyprus, Key Trends and Opportunities to 2017

Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/jnzkcz/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Cyprus, Key Trends and Opportunities to 2017" report to their offering.

The Cypriot healthcare system is characterized by absence of universal coverage. Although designed to provide comprehensive coverage, the general health insurance system (GHIS) has not been implemented due to cost overruns and pressure on government finances from the financial crisis. In terms of total healthcare expenditure, the share of the private sector stood at 57%, higher than public expenditure which stood at 43% in 2011. The current public system lacks efficiency and technological capability and has resulted in an increased dependence on private sector insurance. The personal accident and health segment's written premium increased at a CAGR of 7.8% during the review period (2008-2012). The troubled state of the economy, rising unemployment figures and a decline in disposable income is impacting demand for personal accident and health products.

The report provides in depth market analysis, information and insights into the Cypriot personal accident and health insurance segment, including:

  • The Cypriot personal accident and health insurance segment's growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the Cypriot personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Cyprus
  • Detailed regulatory framework of the Cypriot insurance industry

Key Topics Covered:

1 Executive Summary

2 Introduction

3 The Cypriot Insurance Industry Attractiveness

4 Personal Accident and Health Insurance Outlook

5 Analysis by Distribution Channels

6 Porter's Five Forces Analysis - The Cypriot Personal Accident and Health Insurance

7 Reinsurance Growth Dynamics and Challenges

8 Governance, Risk and Compliance

9 Competitive Landscape and Strategic Insights

10 Business Environment and Country Risk

11 Appendix

Companies Mentioned:

  • AIG Europe Ltd
  • Alpha Insurance
  • Cosmos Insurance Company Public Ltd
  • Ethniki Insurance (Cyprus) Ltd
  • Euro Life Ltd
  • General Insurance Company of Cyprus Ltd
  • Laiki CypriaLife
  • Laiki Insurance Ltd
  • MetLife Alico
  • Universal Life Insurance Public Company Ltd

For more information visit http://www.researchandmarkets.com/research/jnzkcz/personal_accident

Contact:
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Health Insurance
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