France Insurance Market Intelligence -- New Report by Koncept Analytics

April 29, 2010 - PRLog -- The French insurance sector has consolidated its position as the fifth largest in the world and third largest in Europe. The French insurance market has undergone notable changes in the last two decades. The creation of the European Union (EU) brought new regulations, which had major effects on the industry. More recently, new European regulatory measures and French regulations, like  
Financial Security Act, launch of retirement savings products, PERP (Popular retirement savings plan), PERCO (collective retirement investment plan) and PERE (Corporate retirement savings plan) provided favorable framework for the development of the activities of banks, insurance companies and investment funds. The French insurance industry is divided between the life and the non-life segments. The life segment dominates the industry with very healthy growth in the pension segment. Property and casualty insurance (including third party liability) dominated the non-life segment.

The total annual premiums, however, decreased from 2007 to 2008 in local currency which was due to uncertainty in the equity markets. Moreover, the life insurance segment experienced a decrease in premiums in H2 2008 due to rising short term interest rates that favored the commercialization of banking products over life insurance policies. The non-life segment, however, reported moderate growth in terms of property and casualty premiums in 2008. French insurance industry is highly fragmented with the presence of several market players. Covea leads the non-life business whereas CNP Assurances is a market leader in life insurance business.

The report broadly includes the following

1. Industry Snapshot

1.1 Industry Structure
1.2 Market Overview

1.2.1 Market Size & Growth
1.2.2 Market Segments
1.2.3 Market Density & Penetration
1.2.4 Market Share

2. Industry Analysis

2.1 Industry Developments
2.2 Market Drivers

3. Country Analysis: Risk Assessment

4. Industry Outlook: Forecast and Projections

List of Tables

Premiums for Occupational Retirement Insurance (US$ Billion) 2006-2008
Key Macroeconomic Indicators: (2008 – 2012F)

List of Charts

Annual Premium – French Insurance Industry: (2001-2008)
France: Gross Direct Premium (Q109 vs. Q108)
Insurance Premium Share (%) by Segment (2008)
Insurance Premium by Segment (2001-2008)
Life Insurance Premium Share (%) by Segment (2008)
Non-Life Insurance Premium Share (%) by Segment (2008)
French P&C Insurance Segment – Combined Ratio (2001-2008)
French Insurance Density (US$): (2001 – 2008)
French Insurance Penetration: (2001 – 2008)
France: Major Non-Life Insurer’s Market Share: (2008)
France: Major Life Insurer’s Market Share: (2008)
GDP Growth of France: (2001 – 2008)
France - Household Savings Patterns: (2008)
France: Household Consumption on Health Insurance (2001 - 2008)
France: Household Consumption on Home Insurance (2001- 2008)
Forecast: France Insurance Industry: (2008A – 2012F)
Forecast: France Life & Non-Life Insurance Industry: (2008A – 2012F)

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Koncept Analytics, founded in 2005, works with the clients in developing an understanding of the various industries – segments and sub-segments, companies, competitors and suppliers.