South Korea General Insurance: Key trends and Opportunities to 2023

South Korea General Insurance: Key trends and Opportunities to 2023

Summary

GlobalData’s 'South Korea General Insurance: Key Trends and Opportunities to 2023’ report provides in-depth market analysis, information and insights into the the South Korean general insurance segment.

This report provides a detailed outlook by product category for the South Korean general insurance segment.

It provides values for key performance indicators such as written premium, loss ratio and general insurance penetration during the review period (2014-2018) and forecast period (2018-2023).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the South Korean economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

- Key insights and dynamics of the South Korean general insurance industry.
- Comparison of South Korean general insurance segments, along with premium trends and key profitability ratios.
- A comprehensive overview of the South Korean economy, government initiatives, investment opportunities and enterprise structure.
- South Korean insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
- South Korean general insurance industry’s market structure giving details of retail and commercial lines of business.
- Distribution channels deployed by the South Korean general insurers.
- Details of the competitive landscape, M&A and competitors’ profiles.

Scope

This report provides a comprehensive analysis of the general insurance segment in South Korea -
- It provides historical values for the South Korean general insurance segment for the report’s 2014-2018 review period, and projected figures for the 2018-2023 forecast period.
- It offers a detailed analysis of the key categories in the South Korean general insurance segment, and market forecasts to 2023.
- It analyzes the various distribution channels for general insurance products in South Korea.
- It profiles the top general insurance companies in South Korea, and outlines the key regulations affecting them.

Reasons to buy

- Make strategic business decisions using in-depth historic and forecast market data related to the South Korean general insurance segment, and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the South Korean general insurance segment.
- Assess the competitive dynamics in the general insurance segment.
- Identify growth opportunities and market dynamics in key product categories.