Hungary Insurance Report Q4 2010: New research report available at Fast Market Research

Sept. 11, 2010 - PRLog -- Writing in July 2010, we have been able to ensure that the report includes actual data for 2009. According to figures published by the regulator and the trade association, total premiums in 2009 amounted to HUF825.18bn. This included non-life premiums of HUF414.11bn and life premiums of HUF411.07bn. In 2014, the corresponding figures should be HUF916.26bn, HUF550.52bn and HUF365.74bn. In terms of the key drivers that underpin our forecasts, we are looking for non-life penetration to rise very marginally from 1.62% of GDP in 2009 to 1.63% in 2014. We also expect that life density will remain unchanged at about US$200 per capita over the forecast period. BMI's proprietary Insurance Business Environment Rating for Hungary is 57.0 out of 100.0

The results for H110 posted by Vienna Insurance Group, Allianz, Generali and other major crossborder groups who have focused on Central and Eastern Europe were, as of late July 2010, yet to be published. We expect, though, that they will show that conditions - in both the non-life and the life segments - have remained difficult throughout much of the region this year. In Hungary, for instance, the 12% contraction in life premiums in 2009 followed a similar-sized reduction in the previous year. At this stage, we are looking for the life segment to shrink further in 2010. In terms of gross written premiums, both of the major segments of Hungary's insurance sector are about the same size as they were in 2006.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/82993_hungary_insurance_report...

Report Table of Contents:

Executive Summary
- Table: Overview Of Hungary's Insurance Sector
- Key Insights on Hungary's Insurance Sector
- Issues to Watch
SWOT Analysis
- Hungary Insurance Industry SWOT
- Hungary Political SWOT
- Hungary Economic SWOT
- Hungary Business Environment SWOT
MetLife's Acquisition of ALICO
- Table: ALICO At A Glance
- Table: ALICO's Pre-Tax Profits By Segment And Region Contribution, Year To November 30 2009 (%)
- Table: ALICO - A Market Leader In Japan
- Table: MetLife's Acquisition Of ALICO
- Table: MetLife And ALICO Combined
Central and Eastern Europe Overview
- Table: Non-Life Segment
- Life Segment
Projections and Forecasts
- Table: Insurance Premiums And Year-On-Year Percentage Changes, 2006-2014
- Projections and Drivers of Growth
- Table: Growth Drivers, 2007-2014
Country Update
- Macroeconomic Outlook
- Table: Hungary - Economic Activity, 2007-2014
- Political Outlook
- Long-Term Political Outlook
Insurance Business Environment Rating
- Table: Hungary - Insurance Business Environment Ratings
- Table: Central And Eastern Europe Insurance Business Environment Ratings
Regional Context
- Table: Non-Life Premiums In A Regional Context, 2009
- Table: Life Premiums In A Regional Context, 2009
- Table: Comparison Of Major Lines As % Of Non-Life Premiums, 2006
Major Players in Hungary's Insurance Sector
- Table: Principal Insurance Lines By Gross Written Premiums, H109 (HUFmn)
- Table: Companies By Gross Written Premiums, H109 (HUFmn)
Analysis Of Competitive Conditions
Local Company Profiles
- KOBE Traffic Insurance Mutual
- Posta Biztosito (Hungarian Post Insurance/Life)
Regional Company Profiles
- AEGON
- ALICO
- Allianz
- Aviva
- AXA
- BNP Paribas/Cardif
- ERGO
- Erste Group
- Eureko
- Generali
- GRAWE
- Groupama Garancia
- HDI-Gerling
- ING
- KBC Group
- MetLife
- Prudential Financial
- QBE
- RSA
- UNIQA
- Vienna Insurance Group
- Zurich
Country Snapshot: Hungary Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Wages, 2000-2012
Methodology
- Insurance Business Environment Ratings
- Table: Insurance Business Environment Indicators And Rationale
- Table: Weighting Of Indicators

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.