Market Research Reports, Inc. has announced the addition of “Personal Accident and Health Insurance in Belgium, Key Trends and Opportunities to 2017” research report to their offering. For more information visit: http://goo.gl/euBfRD

1. Category : Banking & Finance
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2. Introduction to Report
 Launch Date: December 27, 2013
 Number of Pages: 231
 Geography Coverage: Belgium
 Available Format: PDF
Price For Single User License: USD 1,950
Price For Site License: USD 3,900
Price For Global User License: USD 5,850
Delivery Time: Within 24 Hours (During Working Days)
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3. About the Report
In gross written premium terms, the Belgian personal
accident and health insurance segment accounted for
9.7% of the country’s total insurance industry in 2012,
with a value of EUR3.1 billion (US$3.9 billion) after
recording a CAGR of 2.1% during the review period (2008–
2012). This growth was primarily due to an increase in
medical expenditure and Belgian outbound tourism.
The expansion of the segment was also supported by
positive demographic factors such as increased life
expectancy and the country’s large urban population. In
addition, an increase in the government’s private and
public healthcare expenditure also fuelled segment
growth. However, this was hindered to an extent by weak
economic growth and the impact of the eurozone
sovereign debt crisis.
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4. Research Findings
Belgium’s personal health and accident insurance
segment recorded a review-period CAGR of 2.1% despite
several domestic and international setbacks. Chief among
these was the financial crisis that resulted from the
collapse of Lehman brothers in 2009 and a subsequent
increase in national debt, events which impaired
Belgium’s industrial development during the review
period
Increase in outbound tourism driving growth for travel
insurance category
Personal accident and health insurance policies are
primarily distributed through insurance brokers, with the
brokers channel accounting for a 61.0% share of the
segment’s total gross written premiums in 2012
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5. Research Findings Continues..
The Belgian insurance industry is regulated and
supervised by the National Bank of Belgium (NBB) and the
Financial Services and Markets Authority (FSMA)
A number of multinational insurers, such as AXA, Ergo
and Allianz, have significant operations in Belgium and
multinationals collectively dominate the country’s
personal accident and health insurance segment
The written premium of Belgian health insurance is
expected to reach PKR3.6 billion (US$39.2 million) in
2017, after registering a forecast-period CAGR of 19.4%
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6. Report Coverage
1.
2.
3.
4.
Executive Summary
Introduction
Regional Market Dynamics
Personal Accident and Health Insurance Segment - Regional
Benchmarking
5. Belgian Insurance Industry Attractiveness
6. Personal Accident and Health Insurance Segment Outlook
7. Analysis by Distribution Channels
8. Porter's Five Forces Analysis - Belgian Personal Accident and
Health Insurance Segment
9. Reinsurance Growth Dynamics and Challenges
10. Governance, Risk and Compliance
11. Competitive Landscape and Strategic Insights
12. Business Environment and Country Risk
13. Appendix
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7. Company Coverage (Partial List)
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al-accident-and-health-insurance-belgium-key-trendsand-opportunities-2017
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