Published on : Nov 19, 2018
Albany, New York, November 19, 2018: Insurance industry got a major boost when Danish government permitted 100% FDI in the industry. However, composite insurance is not allowed in the Danish insurance industry. The government imposes 1.1% of insurance premium tax on general insurance barring a few categories of insurance. General insurance has a huge prospect as it accounted to more than 87% of the total non-life gross written premium in 2015. These insights are according to the report titled “Strategic Market Intelligence General Insurance In Denmark Key Trends And Opportunities To 2022,”which has been recently added to the repository of Market Research Hub. The Danish Financial Supervisory Authority oversees the insurance and reinsurance industry. Denmark has banned the placement non-admitted insurance. Having said that, state insurers of European Union have leeway to sell and underwrite non-admitted insurance contracts.
Out of segment’s direct premium in 2015, property insurance covered 45.4%. In addition, Denmark is the leader when it comes to the number of clinical trials per capita.
The advent of technology has had the impact on general insurance in Canada as the distribution channel is gradually shifting towards e-commerce. The other distribution channel are direct bancassuracne, agencies, direct marketing, and brokers, to name a few. Out of these, banacassurance holds predominant in general insurance in Denmark.
General Insurance in Denmark—key Trends and Opportunities to 2022: Report Content
Scope of this report is to provide authentic and thorough analysis and data associated with the general insurance in Denmark. These data incorporates the market size data, along with the graphical and textual analysis on the leading companies and the market growth trends. Essentially, the report covers major drivers, restraints, trends, predominant players in the market and product categories along with market estimation which has an impact on the market on a global scale.
The report also provides the value for prominent performance indicators such as incurred loss, written premium, government initiatives, total investment income, net earned premium during the review period and assessment period, combined ratio and total assets. Besides, report also gives an exhaustive overview of the Canadian economy and gives thorough information on competitive landscape in Canada. In addition, the report includes details of government regulations and changes in the regulatory structure, FDI, investment opportunities and enterprise structure. It also gives information on major general insurance companies and on the impact of government regulation on them.
The report begins with the executive summary which illustrates market size in terms of revenue, market value and production. Besides, a comprehensive analysis of the competitive landscape highlights profiles of eminent players in the global market space. In addition, the report also peruses the strategic moves, areas of interest, and developments undertaken by major players in the market.
General Insurance in Denmark—key Trends and Opportunities to 2022: Report Content: Research Methodology
A robust research methodology has been embraced with regards to providing a research approach incorporating of secondary and primary research. The insights in the report is the result of an in-depth secondary research, primary interviews and in-house reviews by panel of experts.
The secondary research includes company websites, SEC filings and presentations by investors, industry white paper and statistical database. Whereas, the primary research embodies face to face interviews, phonic interviews and e-mail interaction coupled with honest reviews of the shelf label market regardless of geographies. To provide the readers with authentic and honest report on the general insurance in Denmark, a panel of expert peruses and examines the data collected from various sources.
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