Life Insurance in Luxembourg, Key Trends and Opportunities to 2019

Timetric’s ‘Life Insurance in Luxembourg, Key Trends and Opportunities to 2019’ report provides detailed analysis of the market trends, drivers and challenges in the Luxembourg life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019).

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

The report brings together Timetric’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.

Summary

Timetric’s ‘Life Insurance in Luxembourg, Key Trends and Opportunities to 2019’ report provides in-depth market analysis, information and insights into the Luxembourg life insurance segment, including:

The Luxembourg life insurance segment’s growth prospects by category

The key trends, drivers and challenges for the life insurance segment

A comprehensive overview of Luxembourg’s economy and demographics

The various distribution channels in the Luxembourg life insurance segment

Details of the competitive landscape in the life insurance segment in Luxembourg

Details of regulatory policies applicable to the Luxembourg insurance industry

Scope

This report provides a comprehensive analysis of the life insurance segment in Luxembourg:

It provides historical values for the Luxembourg life insurance segment for the report’s 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

It offers a detailed analysis of the key categories in the Luxembourg life insurance segment, and market forecasts to 2019.

It analyzes the various distribution channels for life insurance products in Luxembourg.

It profiles the top life insurance companies in Luxembourg 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 Luxembourg life insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Luxembourg life insurance segment.

Assess the competitive dynamics in the life insurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Luxembourg insurance industry, and their impact on companies and the industry’s future.

Key Highlights

Life insurance led Luxembourg’s insurance industry, accounting for 88.2% of the gross written premium in 2014.

The segment’s growth was driven by high incomes, a supportive regulatory framework and favorable demographic conditions.

Luxembourg an attractive destination for cross-border life insurance and it acts as a center for global insurers to launch new policies under the EU’s freedom of services provision.

The developed financial sector and investor-friendly taxation system makes Luxembourg an attractive destination for cross-border life insurance and it acts as a center for global insurers to launch new policies under the EU’s freedom of services provision.

Rising unemployment and low interest rates create challenges for the life segment.