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South Korea General Insurance - Key Trends and Opportunities to 2025

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    Report

  • 104 Pages
  • May 2022
  • Region: South Korea
  • GlobalData
  • ID: 5640224
The publisher's ' South Korea General Insurance - Key Trends and Opportunities to 2025’ report provides in-depth market analysis, information and insights into the South Korean general insurance segment.

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

It provides values for key performance indicators such as gross written premium, loss ratio, retail and commercial split, premium by line of business, and premium accepted and ceded, during the review period (2016-20) and forecast period (2020-25).

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

The report brings together the publisher'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 segment.
  • A comprehensive overview of the South Korean economy, government initiatives, and investment opportunities.
  • The South Korean insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
  • South Korea’s general insurance reinsurance business’s market structure giving details of premium ceded along with cession rates.
  • The South Korean general insurance segment 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 2016-2020 review period, and projected figures for the 2020-2025 forecast period.
  • It offers a detailed analysis of the key categories in the South Korean general insurance segment, and market forecasts to 2025.
  • 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.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Regulatory and Compliance
  • Key Market Trends
  • Summary Trends and KPIs
  • Key Trends by Line of Business
  • Property Insurance
  • Motor Insurance
  • Liability Insurance
  • Financial Lines Insurance
  • Marine, Aviation and Transit Insurance
  • Personal Accident and Health Insurance
  • Miscellaneous Insurance
  • Distribution Channels
  • Competitive Landscape
  • Competitor Profiles
  • Reinsurance
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Samsung Fire
  • Hyundai Marine & Fire Insurance Co Ltd (South Korea)
  • DB Insurance Co Ltd
  • KB Insurance Co Ltd
  • Meritz Fire and Marine Insurance Co Ltd
  • Hanwha General Insurance Co Ltd
  • NongHyup Property & Casualty Insurace Company
  • Seoul Guarantee Insurance Company
  • Heungkuk Fire and Marine Insurance Co Ltd
  • Lotte Non-Life Insurance Co Ltd