Report: European Insurance Industry TOC

1. Industry Overview

Changing Face of the European Insurance Market
Deregulation Regulating the Market' s Growth?
European Insurance Industry Records Growth
UK Leads the Way...
2004: Earnings Clouded by Underwriting Concerns
Units Up...

2. Outlook

Table 1: European Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life and Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 2: European 5 -Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Insurance Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 3: European Recent Past, Current & Future Analysis for Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 4: European Recent Past, Current & Future Analysis for Life Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 5: European Recent Past, Current & Future Analysis for Non-Life Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 6: European Insurance Industry (2005): Premium Income in US$ Billion, Per Capita Premium in US$, and Penetration of Insurance by Life and Non-Life Segments for Select Regions - Belgium, Czech Republic, France, Germany, Italy, Netherlands, Switzerland, and United Kingdom (includes corresponding Graph/Chart)
Table 7: European Insurance Industry (2005): Percentage Breakdown of Net Premium Income in Euro Billion by Life and Non-Life Segments for Aegon, Allianz, Aviva, Axa, CNP, Generali, ING, Legal & General, and Zurich (includes corresponding Graph/Chart)
Table 8: European Insurance Industry (2005 & 2006): Cumulative Earnings of European Insurers in Euro Billion by Select Regions - France, Germany, UK, Italy, and Switzerland (includes corresponding Graph/Chart)
Table 9: European Insurance Industry (2005 & 2006): Cumulative Earnings of European Insurers in Euro Billion by Category - Life, Non-Life, and Reinsurance (includes corresponding Graph/Chart)
Table 10: Life Insurance Market (2002-2005): Premium Income (in € Billion) by Major European Countries - United Kingdom, France, Germany, and Italy (includes corresponding Graph/Chart)

3. A Historic Review of the Market

Europe' s Leading Insurance Markets
Table 11: Major Insuring Nations in Europe Ranked nging Face of the European Insurance Market
Deregulation Regulating the Market' s Growth?
European Insurance Industry Records Growth
UK Leads the Way...
2004: Earnings Clouded by Underwriting Concerns
Units Up...

2. Outlook

Table 1: European Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life and Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 2: European 5 -Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Insurance Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 3: European Recent Past, Current & Future Analysis for Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 4: European Recent Past, Current & Future Analysis for Life Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 5: European Recent Past, Current & Future Analysis for Non-Life Insurance Industry by Leading Country/Region - United Kingdom, France and German Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 6: European Insurance Industry (2005): Premium Income in US$ Billion, Per Capita Premium in US$, and Penetration of Insurance by Life and Non-Life Segments for Select Regions - Belgium, Czech Republic, France, Germany, Italy, Netherlands, Switzerland, and United Kingdom (includes corresponding Graph/Chart)
Table 7: European Insurance Industry (2005): Percentage Breakdown of Net Premium Income in Euro Billion by Life and Non-Life Segments for Aegon, Allianz, Aviva, Axa, CNP, Generali, ING, Legal & General, and Zurich (includes corresponding Graph/Chart)
Table 8: European Insurance Industry (2005 & 2006): Cumulative Earnings of European Insurers in Euro Billion by Select Regions - France, Germany, UK, Italy, and Switzerland (includes corresponding Graph/Chart)
Table 9: European Insurance Industry (2005 & 2006): Cumulative Earnings of European Insurers in Euro Billion by Category - Life, Non-Life, and Reinsurance (includes corresponding Graph/Chart)
Table 10: Life Insurance Market (2002-2005): Premium Income (in € Billion) by Major European Countries - United Kingdom, France, Germany, and Italy (includes corresponding Graph/Chart)

3. A Historic Review of the Market

Europe' s Leading Insurance Markets
Table 11: Major Insuring Nations in Europe Ranked by Direct Premium Written in 2000 (In US$ Billion) (includes corresponding Graph/Chart)
Table 12: Major Non-Life Insuring Nations in Europe: 2000 (In US$ Billion) (includes corresponding Graph/Chart) (includes corresponding Graph/Chart)
Table 13: Key Nations for Life Insurance in Europe: 2000 (In US$ Billion) (includes corresponding Graph/Chart) (includes corresponding Graph/Chart)
Dismal Performances of Foreign Subsidiaries Taint Corporate Image
Percentage Exposure of Continental European Insurers Based on Gross Premium Written: Mid 90s

4. Industry Structure

Market Issues ...
Sector Description...
Market Forces...
Demand
Supply and Competition
Changing Environment of the Insurance Industry
What' s in Store?
European Insurance Market Movements...
Bancassurance - The largest Distribution Channel
Deregulation of the Industry
The Formation of A Unified European Insurance Market
Problems with Unified Market
Market Specialization
90' s: A Decade of Regulations
Pension Reforms - A Big Bet for Private Pension Plans

5. Solvency II - for a Prudent and Accountable Insurance Industry in Europe

Solvency II - A Primer
Draft Solvency II Framework Directive
Solvency II - A Sound Business Proposition for Small and Large Companies
Solvency II - A Business Perspective

6. European Long-Term Insurance

European Giants Facing Problems
Long-Term Insurance Marching Forward
Life and Pensions Market in Europe
Cross Border Life Operations - A Boon to Life Insurers
Challenges Faced by the Life and Pensions Market in Europe
A Review of Pension Market in Major European Countries
Compulsory Pension Saving - A Hugely Relied Income
Dominance of PAYG System
Occupational Pensions (Voluntary Schemes)
Personal Pensions and Other Retirement Saving (Voluntary Schemes)
Non-Contributory (Means-Tested) Pensions
What' s in Store?
France
Germany
Italy
United Kingdom
Spain
Poland
Major Trends
Ageing Population Thumps the Pension Regimes
Alarming Pension Expenditure
Saving Rates
Occupational Pensions - On the Rise
Flooding Tax-Benefits
Advocating for Company-Based Pensions
Public Pensions Systems Under Pressure

7. Life Insurance

Life Investments Form Major Portion of Insurance Investments
Table 14: European Life Insurance Market (2005): Percentage Breakdown of Premiums by Country - Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland, United Kingdom, and Others (includes corresponding Graph/Chart)
Table 15: European Life Insurance Market (2005): Percentage Breakdown of Insurance Contracts by Individual and Group Segments for France, Germany, Italy, UK, and Spain (includes corresponding Graph/Chart)
Table 16: European Life Insurance Market (2005): Percentage Breakdown of New Individual Life Contracts by Segments - Annuity, Protection, and Savings (includes corresponding Graph/Chart)
Table 17: Leading Players in European Life Insurance Market (2006): Percentage Market Share of APE (Annual Premium Equivalent) by Unit-Linked Products, and Fixed-Rate Products for Aegon, AGF, Allianz, AXA, CNP, Generali, Fortis, and ING (includes corresponding Graph/Chart)
Table 18: European Life Insurance Market (2005): Percentage Breakdown of Mutual Insurers' Life Premiums by Country - Austria, Belgium, Finland, France, Germany , UK, Italy, Netherlands, Norway, and Sweden (includes corresponding Graph/Chart)
Table 19: European Life Insurance Market (2005): Mutual Insurers' Regional Market Share in Life Sector by Country - Austria, Belgium, Denmark, Finland, France, Germany, UK, Italy, Netherlands, Norway, and Sweden (includes corresponding Graph/Chart)

8. Health Insurance

9. Non-Life Insurance

Table 20: European Non-Life Insurance Market (2005): Percentage Breakdown of Premium Income by Country - Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland, United Kingdom, and Others (includes corresponding Graph/Chart)
Table 21: European Non-Life Insurance Market (2005): Percentage Breakdown of Premium Income by Category - General Liability, Health & Accident, Legal Expenses, MAT, Motor Premium, Property, and Others (includes corresponding Graph/Chart)
Table 22: European Motor Insurance Market (2005): Percentage Breakdown of Premium Income by Country - France, Germany, UK, Italy, Spain, Netherlands, and Rest of Europe (includes corresponding Graph/Chart)
Table 23: European Accident & Health Insurance Market (2005): Percentage Breakdown of Premium Income by Country - France, Germany, UK, Italy, Spain, Netherlands, Switzerland, and Rest of Europe (includes corresponding Graph/Chart)
Table 24: European Liability Insurance Market (2005): Percentage Breakdown of Premium Income by Country - France, Germany, UK, Italy, Spain, Switzerland, and Rest of Europe (includes corresponding Graph/Chart)
Table 25: European Property Insurance Market (2005): Percentage Breakdown of Premium by Country - France, Germany, UK, Italy, Spain, Netherlands, Sweden, and Rest of Europe (includes corresponding Graph/Chart)
Table 26: European Non-Life (Legal Expenses) Insurance Market (2005): Percentage Breakdown of Premium by Country - Austria, Belgium, France, Germany, UK, Italy, and Rest of Europe (includes corresponding Graph/Chart)
Table 27: European Marine, Aviation, and Transport Insurance Market (2005): Percentage Breakdown of Premium by Country - France, Germany, UK, Italy, Spain, Netherlands, and Rest of Europe (includes corresponding Graph/Chart)
Table 28: European Non-Life Insurance Market (2005): Percentage Breakdown of Mutual Insurers' Non-Life Premiums by Country - Austria, Belgium, Denmark, Finland, France, Germany, UK, Italy, Netherlands, Norway, and Sweden (includes corresponding Graph/Chart)
Table 29: European Non-Life Insurance Market (2005): Mutual Insurers' Regional Market Share in Non-Life Sector by Country - Austria, Belgium, Denmark, Finland, France, Germany, UK, Italy, Netherlands, Norway, and Sweden (includes corresponding Graph/Chart)

10. Travel Insurance

In Sync with Health Insurance...
Multi-Trip Policies Gaining Attention

11. Direct Insurance

Factors Contributing to Success

12. Reinsurance Scene

Table 30: Leading Players in European Reinsurance Market (2004): Percentage Market Share by Company - Berkshire Hathaway, Everest Re, GEIS, Hannover Re, Munich Re, Partner Re, Swiss Re, Transatlantic Re, and Others (includes corresponding Graph/Chart)
Insured Losses Break Records
European Reinsurers - A 2001 Retrospect
Table 31: Leading Players in Western Europe Reinsurance Market: 2000 (includes corresponding Graph/Chart)
Post September 11 Conditions
Resilience in Difficult Times
Table 32: European Global Insurance Companies - September 11 Losses with Net Premiums Earned in 2001 (In US$ million unless otherwise stated)

13. Directives and Legislations - Tracing the Timeline

Non-Life Insurance Sector
Motor Vehicle Insurance
Other Non-Life Measures
Life Insurance Business
Insurance Companies
Co-Insurance
Export Credit
Miscellaneous

14. A Tightening Regulatory Environment

New Competition Rules in the Insurance Industry
Insurance Intermediation
Taxation of Insurance Premiums
New Guidelines in Germany
Reverberations in European Union
European Union to Withdraw State Cover for Airlines
European Insured Flood Losses in 2002
Germany - The Hardest Hit
Allianz Bears the Brunt
Table 33: Major Events by Insured Losses in Europe: 1985-2000 (In US$ Billion) (includes corresponding Graph/Chart)
Table 34: Major Insurers Affected by August-2002 Flood in Europe Ranked by Losses (In € Million) (includes corresponding Graph/Chart)
Table 35: Major Reinsurers Affected by August-2002 Flood in Europe Ranked by Losses (In € Million) (includes corresponding Graph/Chart)

15. Strategies

Internationalization...
Bancassurance...
Europe' s ' Lisbon Strategy' Relaunched

16. Changing Distribution Channels

Emergence of Bancassurance...
Factors Influencing Growth
A Regional Perspective
Outlook

17. European and the US Markets - A Comparison

FRENCH INSURANCE INDUSTRY

1. Market Overview

France: A Leading European Life Insurance Market
Motor Insurance Hogs the Limelight
New Products Drive Growth
Table 36: French Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 37: French 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 38: French Insurance Industry (2006): Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life
Table 39: French Insurance Industry (2007 & 2008): Percentage Breakdown of Premium Income by Category - Life Insurance, Automobile, Bodily Injury, Property and Others (includes corresponding Graph/Chart)
Table 40: French Insurance Industry (2006 & 2007): Percentage Breakdown of Insurance Companies' Investment Channels by Category - Government Bonds, Corporate Bonds, Equities, Real Estate and Others. (includes corresponding Graph/Chart)
The Leaders
Table 41: French Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for AXA, CNP, Predica/Pacifica, AGF, Groupama, Generali France, BNP Paribas assurance, Sogecap, ACM and Aviva France (includes corresponding Graph/Chart)

2. A Fragmented Market

Table 42: Number of Insurance Companies Operating in France (2002-2003)
Foreign Re-insurers in France
French Firms Fared Well Overseas
Table 43: French Insurance Industry (2006 & 2007): Percentage Breakdown of Premiums Earned by French Insurers in the European Union by Country - United Kingdom, Germany, Italy, Belgium, Spain and Others (includes corresponding Graph/Chart)
Table 44: French Insurance Market (2005): Percentage Breakdown of Premium Income Earned by French Re-insurers Abroad (includes corresponding Graph/Chart)
Table 45: French Reinsurance Industry (2007 & 2008): Percentage Breakdown of French Reinsurers Geographical Spread by Region - Europe, Americas, Asia and Other Regions (includes corresponding Graph/Chart)
Table 46: French Reinsurance Market (2006 & 2007): Percentage Breakdown of Premium Income Earned by French Reinsurers Abroad (includes corresponding Graph/Chart)

3. Review of Sectors

3a. Life Insurance

Life Insurance Highlights
The Market Leaders
Table 47: Leading Players in French Life Insurance Market (2006 & 2007): Percentage Market Share of Premiums by Company - CNP, Credit Agricole, Axa, Generali, BNP and Others (includes corresponding Graph/Chart)
Table 48: French Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for CNP, Predica/Pacifica, AXA, Generali France, BNP Paribas assurance, Sogecap, AGF, Groupama, ACM and Aviva France (includes corresponding Graph/Chart)
Table 49: French Life Insurance Industry (2002): Gross Written Premium in US$ Billion by Leading Companies for CNP, AXA, Credit Agricole, BNP, Generali, AGF, Sogecap, ACM, Aviva, and Groupama (includes corresponding Graph/Chart)
Table 50: Top-Five Players in the French Life Insurance Industry (2001) - Gross Written Premiums in US$ Billion for CNP, Credit Agricole, AXA France, BNP Paribas, and Credit Mutuel - CIC (includes corresponding Graph/Chart)
Factors Favoring Growth
Life Insurance: A Source of Funding
Life Products
Table 51: French Insurance Industry (2005): Percentage Breakdown of Insurance Companies' Investment Channels by Category (includes corresponding Graph/Chart)
Banks in Life Insurance
Industry Trends
Health Insurance Boosts the Segment' s Phenomenal Growth
Table 52: French Life and Health Insurance Market (2002): Total Premium Income by Category in Euro Billion (includes corresponding Graph/Chart)
Fastest Growing Life Products in France
Shift in Household Preference
Health Insurance
Groupama -The Market Leader
Retirement Funding
Professional Pension Contracts
Table 53: French Insurance Market (2002): Professional Pension Contracts Written by Insurance Companies in Euro Billion (includes corresponding Graph/Chart)
Tax Benefits to Help Pension Funds Growth
Compulsory Pension (Contributory State Pension)
Safety Net Pension (Non-Contributory State Pension)
Occupational Pension (Voluntary)
Personal Pensions and Other Retirement Savings (Voluntary)

3b. Non-Life Insurance

Table 54: French Non-Life Insurance Market (2006 & 2007): Percentage Breakdown of Written Premiums by Category - Motor, Fire, Accident, General Liability, Construction, Natural Catastrophes, Transport and Miscellaneous (includes corresponding Graph/Chart)
Table 55: French Non-Life Insurance Market (2006 & 2007): Percentage Breakdown of Ceded Premiums by Category - Fire, Natural Catastrophes, Motor, Accident, General Liability, Transport, Construction and Miscellaneous (includes corresponding Graph/Chart)
The Market Leaders
Table 56: Leading Players in French Property & Casualty (P&C) Insurance Market (2006 & 2007): Percentage Market Share of Premiums by Company - Axa, Groupama, AGF, Generali, CNP and Others (includes corresponding Graph/Chart)
Table 57: French Property and Casualty Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Groupama, AXA, AGF, Generali France, CNP, ACM, Aviva France and Predica/Pacifica (includes corresponding Graph/Chart)
Table 58: French Non-Life Insurance Industry (2002): Gross Written Premium in US$ Billion by Leading Companies for Groupama GAN, AXA, AGF Allianz, Generali, Mutual du Mans, Azur GMF, MACIF, MAIF, MAAF, and ACM (includes corresponding Graph/Chart)
Table 59: Top-Five Players in the French Non-Life Insurance Industry (2001) - Gross Written Premiums in US$ Billion for AXA, Groupama GAN, AGF Allianz, MACIF, and Azur GMF (includes corresponding Graph/Chart)
Property and Casualty Insurance: Market Overview
Table 60: French Property and Casualty Insurance Market (2005): Premiums in € Billion by Category - Automobile, Commercial Property, Construction, General liability, and Homeowners Comprehensive (includes corresponding Graph/Chart)
Table 61: French Property and Casualty Insurance Market (2005): Percentage Breakdown of Coverage Costs Under Homeowners' Comprehensive Policies by Category - Fire, Liability, Natural Disasters, Theft, Water Damage, and Others (includes corresponding Graph/Chart)
Table 62: French Property and Casualty Insurance Market (2002): Categories Ranked by Primary Business Premium in Euro Billion (includes corresponding Graph/Chart)
Commercial Property Insurance
Table 63: French Commercial Property Insurance Market (2002): Premiums by Category in Euro Billion (includes corresponding Graph/Chart)

3c. Auto Insurance

High Mortalities from Auto Accidents

3d. Marine Aviation Transport (MAT) Insurance

Table 64: French MAT Insurance Market (2005): Percentage Breakdown of Premium Income by Category - Aviation, Cargo, Hull, and Space (includes corresponding Graph/Chart)
Table 65: French Marine Insurance Market (2004): Percentage Market Share for Allianz, AXA, Generali, Groupama, and Others (includes corresponding Graph/Chart)
Table 66: French MAT Insurance Market (2002): Premium Income by Category in Euro Million (includes corresponding Graph/Chart)
Marine and Transport Insurance Market Recovers

4. Reinsurance

Table 67: French Recent Past, Current & Future Analysis for Reinsurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Gross Premium Income in Euro Billion for the Years 2005 through 2009 (includes corresponding Graph/Chart)
Table 68: French 5-Year Perspective for Reinsurance Industry by Segment - Percentage Breakdown of Gross Premium Income for Life and Non-Life Markets for 2005, 2007, and 2009 (includes corresponding Graph/Chart)
Table 69: French Reinsurance Industry (2006 & 2007): Percentage Breakdown of Gross Written Premiums by Leading Companies for Scor, Axa Re, CCR, Partner Re, Paris Re and Others (includes corresponding Graph/Chart)

5. Distribution

Insurance Distribution Methods in France - A Comparison
Distribution Channels Play a Vital Role
Table 70: French Property & Casualty (P&C) Insurance Market (2006 & 2007): Percentage Breakdown of Premium Income by Distribution Channel - Tied Agents, Direct Writing Companies, Brokers, Bancassurance, Salaried Sales Associates and Other Alternative Channels (includes corresponding Graph/Chart)
Table 71: French Life Insurance Market (2005): Percentage Breakdown of Life Insurance Policy Distributors - Banks, Brokers, Employee Networks, General Agents, and Others (includes corresponding Graph/Chart)
Table 72: French Insurance Market (2004): Percentage Breakdown of Premium Income by Distribution Channel (includes corresponding Graph/Chart)
Product Launch
AXA Launches Group Individual Accident Insurance

6. Recent Industry Activity

HSBC France to Buy Remaining Stake in Erisa and Erisa IARD
CNP Acquires Ecureuil
AXA France to Acquire Nationale Suisse
Axa to Acquire Winterthur Group from Credit Suisse Group
SCOR to Acquire Revios
Stone Point Capital to Acquire AXA Re
Forum Assurances Merges Forum Assurances with Resolution
ACE Sells its Three Run-off Re-insurance Subsidiaries
Cardif Announces Plans to Tap Latvian Insurance Market
Groupama to Acquire Liguria Assicurazioni
Aon Corp Acquires Lange SA
Suravenir to Acquire GE Assurances Vie Plus
Wellington Acquires AXA' s Insurance Business
Coface Acquires Arkwright Insurance

7. Strategic Developments in the Past

General Re Corp. Acquires Stake in KRG
AXA Hikes Stake in Tecis
XL Capital and Five European Insurers form Joint Venture for Terrorism Coverage
Scor Divests Stake in Coface
Gras Savoye & Cie Takes Over Dignac S.A.
AXA Acquires Stake in AXA Aurora Iberica
Axa Corporate Solutions Buys the Hong Kong Marine Business of Markel
CNP Assurances Acquires Stake in Sasse
Groupama Insurances Forms New Division
Societe Generale Creates Inora Life

8. Focus on Select French Players

AXA Group
BNP Paribas Assurance, France - Fourth Largest Life-Insurance Group in France
CNP Assurances.
Coface Group
Euler & Hermes SA
Groupama
Pacifica - Credit Agricole
Scor SE

GERMAN INSURANCE INDUSTRY

1. German Insurance Industry - An Insight

Regulatory Reforms: Taxing the Future of Life?
Europe' s Largest Life Insurance Market
Table 73: German Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Million for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 74: German 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 75: German Insurance Industry (2006): Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life
Abroad Business of German Companies
Table 76: German Insurance Industry (2007 & 2008): Percentage Breakdown of Premiums Written Abroad by German Insurance Companies by Category - Non-Life Insurance (Marine, General Liability, Fire & Other Property, Accident/Health and Other Insurance Class) and Life Insurance (includes corresponding Graph/Chart)
September 11 Attacks Spur the Emergence of Reinsurance Agencies
Table 77: German Recent Past, Current & Future Analysis for Reinsurance Industry with Annual Premium Income in Euro Million for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Insurance Linked to the Economy
Challenges Facing the Sector

2. Industry Structure

Table 78: German Insurance Industry (2005 & 2006): Percentage Breakdown of Gross Written Premiums in Private Insurance (Direct Business) by Category -Life Assurance, Private Health Insurance, Non-Life Insurance (Accident, General Liability, Legal Expenses, Motor, Marine, Property, and Credit) (includes corresponding Graph/Chart)
Table 79: German Insurance Industry (2005 & 2006): Percentage Breakdown of Claims Paid by Direct Insurers (Within GDV) by Category -Life Assurance, Private Health Insurance, Non-Life Insurance (Accident, General Liability, Legal Expenses, Motor, Marine, Property, and Credit) (includes corresponding Graph/Chart)
Table 80: German Insurance Industry (2005): Percentage Breakdown of Investments by Private Insurers by Category - Life Assurance, Health Insurance, Non-Life Insurance, and Reinsurance (includes corresponding Graph/Chart)
Table 81: German Insurance Industry (2005): Number of Agents and Brokers Employed (in Thousands) by Type - Insurance Brokers, Independent Full-Time Agents, and Part-Time Agents (includes corresponding Graph/Chart)
Table 82: German Reinsurance Market (2005 & 2006): Gross and Net Premiums in € Million by Category - Life/Health, Property & Casualty, Financial Reinsurance, and Specialty Reinsurance (includes corresponding Graph/Chart)
Table 83: German Reinsurance Industry (2007 & 2008): Percentage Breakdown of Premium Income by Category - Life, Fire, Motor, General Liability, Private Accident, Marine and Others (includes corresponding Graph/Chart)
Insurance Penetration in German Households
Table 84: German Insurance Industry (1991-2004): Insurance Penetration Rate in German Households (In %) (includes corresponding Graph/Chart)
Personal Lines Remain A Terrain for Few...
P & C Retains Vitality with Steadier Pricing in Commercial Lines
Consolidation Scenario
Significance of a Single Market
Table 85: German Insurance Industry (2004 & 2005): Number of Insurance Companies by Sector for Life, Health, Non-Life, and Reinsurance (includes corresponding Graph/Chart)
Table 86: German Insurance Industry (1990-2006): Number of Insurance Companies by Sector for Life, Health, Non-Life, and Reinsurance (includes corresponding Graph/Chart)

3. Outlook

4. Life Insurance Sector

Life Insurance Market Trends - Review of First Half of 2006
Highlights
Table 87: German Life Insurance Industry (2007 & 2008): Percentage Breakdown of Premiums by Category - Endowment, Annuities & Pensions, Unit-Linked Endowment & Annuity, Collective Policies and Supplementary Insurance (includes corresponding Graph/Chart)
Table 88: German Life Insurance Industry (2005): Percentage Value Breakdown of Life Annualized New Business by Business Type - Individual Insurance Contracts (Annuities & Pension, Dependency Annuity, Disability, Endowment, Term Insurance, Others) and Group Insurance Contracts (Endowment, Residual Debt, Term Insurance, and Others) (includes corresponding Graph/Chart)
Table 89: German Life Insurance Industry: Gross Written Premium in US$ Billion for 1999-2002 (includes corresponding Graph/Chart)
Market Players
Table 90: Leading Players in German Life Insurance Market (2004): Percentage Market Share by Company - Allianz, AXA, Debeka, Generali, HDI (Talanx), Munich Re, R+V, Zurich, and Others (includes corresponding Graph/Chart)
Table 91: German Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for Allianz Leben, Hamb. Mannheimer LV, Aachener/Mchn Leben, R+V Lebensvers AG, DT. Herold Leben, Victoria Leben, Volksfursorge DT LV, Axa Leben, Debeka Leben, and Gerling-K. Leben (includes corresponding Graph/Chart)
Table 92: Leading Players in the German Life Insurance Market (2002) - Gross Written Premiums in US$ Million for Allianz Leben, Aachener/Mchn. Leben, Hamb. Mannheimer LV, R+V Lebensvers. AG, and DT. Herold Leben (includes corresponding Graph/Chart)

5. German Pension Market

Compulsory Pension (Contributory State Pension)
Occupational Pension (Voluntary)
Types of Occupational Pension
Book Reserves
Retirement Funds (Pensionskasse)
Direct Insurance
Support Fund
Pension Fund
Personal Pensions and Other Retirement Savings (Voluntary)

6. Health Insurance

Market Highlights
Table 93: German Health Insurance Industry: Gross Written Premium in US$ Billion for 1999-2003 (includes corresponding Graph/Chart)
German Health Insurance Industry - Market Statistics of 2005 & First Half of 2006
Private Health Insurance Sector...
Table 94: German Private Health Insurance Market (2005): Premiums in € Billion by Business Segment - Health Insurance (Daily Benefits Insurance, Independent Hospital Cash Schemes, Medical Expenses Insurance, Special Types of Insurance, and Other Independent Partial Insurances) and Compulsory Long-Term Care Insurance (includes corresponding Graph/Chart)
Health Insurance & Pension Schemes Cover Major Share of Cancer Costs
Health Insurance and Insurers' Predicament
Major Players in the German Private Health Insurance Sector
DKV Deutsche
Signal

7. Non-Life Insurance Sector

Table 95: German Non-Life Insurance Industry (2007 & 2008): Percentage Breakdown of Premium Income by Class - Motor, Property Insurance, Private Accident, General Liability, Legal Expenses and Others (includes corresponding Graph/Chart)
Table 96: German Non-Life Insurance Industry (2005): Premium Income and Claims Paid in € Billion for Select Classes -General Liability, Legal Expenses, Marine, Motor Insurance, Motor Liability, Motor Accident, and Private Accident Insurance (includes corresponding Graph/Chart)
Market Players
Table 97: German Non-Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for Allianz Vers., Axa Vers., Gerling-K. Allgemeine, R+V Allgemeine Vers., Zurich Vers. AG, HUK-Coburg, Victoria Vers., Wurtt. Vers., Gothaer Allg. Vers. AG, and LVM Sach (includes corresponding Graph/Chart)
Table 98: Leading Players in the German Non-Life Insurance Market (2002) - Gross Written Premiums in US$ Million for Allianz Vers., AXA Vers., Gerling-K. Allgemeine, R+V Allgemeine Vers., and Zurich Vers. AG (includes corresponding Graph/Chart)
Property Insurance
Highlights
Table 99: German Non-Life Property Insurance Market (2005 & 2006): Percentage Breakdown of Gross Written Premiums in Private Insurance (Direct Business) by Segment - Agricultural Property Insurance, Commercial Property Insurance, Industrial Property Insurance, and Private Property Insurance (includes corresponding Graph/Chart)
Table 100: German Non-Life Property Insurance Market (2005 & 2006): Percentage Breakdown of Claims Paid by Direct Insurers (Within GDV) by Segment - Agricultural Property Insurance, Commercial Property Insurance, Industrial Property Insurance, and Private Property Insurance (includes corresponding Graph/Chart)
Motor Insurance
Table 101: German Motor Insurance Market (2006 & 2007): Percentage Breakdown of Premiums by Category - Third Party Liability, Full Comprehensive and Partial Comprehensive (includes corresponding Graph/Chart)
Table 102: German Motor Insurance Market (2006 & 2007): Percentage Breakdown of Claims by Category - Third Party Liability, Full Comprehensive and Partial Comprehensive (includes corresponding Graph/Chart)
Table 103: Leading Players in German Motor Insurance Market (2006 & 2007): Percentage Market Share by Company - Allianz, R & V, AMB Generali, Zurich, Axa, LVM, VHV, HDI, DEVK, and Others (includes corresponding Graph/Chart)
Table 104: German Motor Insurance and Other Non-Life Insurance Market: Gross Written Premium (GWP) in US$ Million for 1999-2003 - Historic Data (includes corresponding Graph/Chart)
Natural Catastrophe Insurance

8. Direct Writing in Germany

9. German Financial System

A Comparative Study of the US and German Financial Systems

10. Key Legislative Measures and Plans

Asset Valuation Rules Simplified
IDW' s New Guidelines in Germany
Private Health Funds Receive Boost

11. Insurance Pools

Extremus
Protektor Lebensversicherungs-AG
Essential Features of Protektor AG

12. Role of GDV (Gesamtverband der Deutschen Ver-sicherungswirtschaft)

Key Statistics of GDV Members
Table 105: Premiums Written for GDV Members by Insurance Class in DM Billion (1999 & 2000) (includes corresponding Graph/Chart)
Table 106: Benefits and Claims Covered by Insurance Class for GDV Members in DM Billion (1999 & 2000) (includes corresponding Graph/Chart)

13. Historic Review of Various Insurance Sectors

Motor
Homeowners
Fire
Health
Life

14. Product Developments

Allianz Releases Catastrophe Bond
Euler Hermes to Launch Export Credit Insurance in Japan
Industrial Health Funds Provide Insurance Cover for DocMorris.com' s Drugs
Munich Re Offers Policy for World Cup

15. Recent Industry Activity

AIG Acquires Wurttembergische und Badische Versicherungs
Zurich to Acquire Real Garant Versicherung AG
TietoEnator Divests Reinsurance and Leasing Operations
Allianz to Acquire Allianz Leben and AGF
Talanx to Acquire BHW Leben
Flowers Negotiates with Prospects for Sale of Wuba
Fortis Acquires Gutingia
Allianz Versicherung Splits to Form Allianz Global Corporate & Specialty
Munich Re Finds a Buyer for Stake in HVB
HBOS Strides Ahead for Pocketing MLP Life Insurance Company
Gothaer Proposes to Acquire Axa' s Darag
Allianz to Expand Business in China

16. Strategic Corporate Developments in Past

Allianz Divests Life Insurance Business
Allianz Buys 49% Stake in JV with AGF Insurance
Coface Gains Gerling' s Credit Insurance Operations in Denmark and the Netherlands
AXA Hikes Stake in Tecis
Allianz Purchases Stake in Rosno
Munich Reinsurance Forms a Spanish Joint Venture

17. Focus on Select German Players

Allianz SE
Debeka Krankenversicherungsverein auf Gegenseitigkeit - A Leading Insurer in Germany
DKV Deutsche Krankenversicherung AG - One of the Leading German Insurers
Atradius
Hanover Re Group
Muenchener Rueckversicherungs-Gesellschaft AG

ITALIAN INSURANCE INDUSTRY

1. Italian Insurance Industry - A Perspective

Table 107: Italian Insurance Industry (2005): Premium Income in US$ Billion, Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life
Table 108: Italian Insurance Industry (2002 & 2003): Total Premium in Euro Million by Category (includes corresponding Graph/Chart)
Table 109: Italian Insurance Industry (1993-2002): Total Premium in Euro Million by Life and Non-Life Category (includes corresponding Graph/Chart)
Table 110: Italian Recent Past, Current & Future Analysis for Motor Insurance with Gross Written Premiums in Euro Billion for the Years 2004 through 2008 (includes corresponding Graph/Chart)
Industry Structure
Table 111: Leading Players in Italian Insurance Market (2004): Percentage Market Share by Company - Ass. Internazionali Previdenza, Cattolica, Fondiaria - Sai, Generali, RAS, Unipol, and Others (includes corresponding Graph/Chart)
Table 112: Italian Insurance Market (2003): Number of Domestic Insurance Companies by Judicial Nature and Business Sector
Table 113: Italian Insurance Market (2003): Number of Insurance Companies by Nature of Origin and Business Sector (includes corresponding Graph/Chart)
Insurance - A Move Towards Rationalization
Banks in the Italian Insurance Business
Distribution System in Italian Insurance Industry
Table 114: Italian Life Insurance Market (2003): Total Premium (in Euro Million) and Market Share (in %) by Distribution Channels for Agents, Brokers, Direct Sales and Financial Advisers (includes corresponding Graph/Chart)
Table 115: Italian Non-Life Insurance Market (2003): Total Premium (in Euro Million) and Market Share (in %) by Distribution Channels for Agents, Brokers, Direct Sales, Bank Counters and Financial Advisers (includes corresponding Graph/Chart)

2. Review of the Sectors

2a. Non-Life Insurance

Table 116: Leading Players in Italian Property & Casualty Insurance Market (2004): Percentage Market Share by Company- Fondiaria - Sai, Generali, RAS, Reale Mutua, Toro, Unipol, and Others (includes corresponding Graph/Chart)
Table 117: Italian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for Fondiaria-SAI, Ras, Generali, Milano, Assitalia, Winterthur, Unipol, Lloyd Adriatico, Axa, and Reale Mutua (includes corresponding Graph/Chart)

2b. Life Insurance

Table 118: Italian Life Insurance Market (1H-2006): Percentage Breakdown of Direct Premium Volumes by Category- Health, Capitalisation, Unit & Index Linked, Traditional, and Pension Funds (includes corresponding Graph/Chart)
Table 119: Italian Life Insurance Market (1H-2006): Percentage Breakdown of Direct Premium Volumes by Channel - Domestic Insurers (Financial Advisors, Banks & Post Offices, Agents, and Others) and EU Insurers (includes corresponding Graph/Chart)
Market Leaders
Table 120: Top-Five Players in the Italian Life Insurance Market (2003) - Gross Written Premiums in US$ Million for Creditras, Sanpaolo, Poste Vita, Intesa, and Alleanza Life Insurance Highlights (includes corresponding Graph/Chart)
Domestic Vs. Foreign Players
Performance of Distribution Channels
Liberalization of the Sector

2c. Pension Funds in Italy

Compulsory State Pension (Contributory)
Safety Net Pension (Non-Contributory)
Occupational Pension
Personal Pensions and Other Retirement Savings (Voluntary)
Pension Funds Revision Outlook
Types of Funds
Ordinary or Collective Pension Funds
Internal Pension Funds
Open-End Pension Funds
Promoters Vary According to the Type of Pension Fund
Pension Funds in Italy & Their Performance
Forms of Financing and Tax Problems
Development Prospects for the Pension Funds: The 90s Story
Table 121: Contribution of Different Sectors to The Pension Fund (includes corresponding Graph/Chart)
Table 122: Private Sector Employees' Contribution to Pension Funds (includes corresponding Graph/Chart)
Pension Fund Managers
Competition Between Insurance Companies
Important Features Required for Successfully Competing in PF Field
A Multinational Presence
Presence in the Domestic Market
Connections with the Corporate Sector
Size
Activity in the Financial Services Area
The Third Pillar Under Pension Funds

3. Recent Industry Activity

AXA to Expand Presence in Italian Insurance
Zurich Enters Belgium and Italian Markets
Swiss Life to Divest from Italian Insurance Market
Allianz Completes Merger With RAS
Generali Refutes Rumors of Takeover Attempts
Allianz Agrees to Merge RAS and Establish SE
Aon Corp. Acquires Lenzi Broker Assicurazioni SRL

4. Strategic Corporate Development in Recent Past

Societa Assicuratrice Industriale, Allies Pick Up Stake in La Fondiaria
Aviva and UniCredito Italiano Sign Partnership Agreement with BPCI
Aviva Signs Agreement with Unicredito Italiano
Consortium Increases Share in Assicurazioni Generali
Italian Post Office Introduces Pension Products

5. Focus on Key Player

Assicurazioni Generali

INSURANCE INDUSTRY IN THE UNITED KINGDOM

1. Market Overview

Table 123: UK Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in GBP Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 124: UK 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 125: UK Insurance Industry (2006): Per Capita Premium in US$, and Penetration of Insurance by Category - Life & Non-Life
Market Snippets
Health Insurance: An Illustrious Year ...
Internet Aids Growth of Travel Insurance Market
Table 126: UK Recent Past, Current & Future Analysis for Travel Insurance Market in GBP Million for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 127: UK Travel Insurance: Gross Written Premium in Pound Million for Years 2001 through 2005 (includes corresponding Graph/Chart)
Travel Insurance Sector Fueled by Britain' s Growing Emigrant Community
Growing Popularity of Annual Insurance Policies to Drive Travel Insurance Sector
Travel Insurance Markets Register Higher Value Growth
Increasing Foreign Trips Fuel Travel Insurance Penetration Levels
Ageing Passengers to Fuel Insurance Sales
ATII Raises Concern on Travel Insurance Sales
Travel Insurance Intermediaries Express Disapproval over Sales
Travel Agents' Share Declines for Travel Insurance Distribution Channel
Rising Medical and legal costs Spiral Personal Injury Claims
Demand for Annuities Set to Rise Rapidly
UK Insurance Industry Snapshots
Relative to World
Relative to Europe
Relative to the UK
More Facts about the UK Insurance Industry
Get...Set...Grow...
Investigations Unearth Startling Facts...

2. Structure of the UK Insurance Market

General & Long Term Insurance - A Unique Market Split
Market Concentration
Table 128: UK Insurance Market (2005): Number of Companies By Category for General Insurance, Long-Term Business and Both (includes corresponding Graph/Chart)
Table 129: UK Insurance Market (2005): Average Annual Household Expenditure on Insurance in Pounds by Segment - Home Buildings/Structure, Home Contents, Income Protection, Life Insurance, Medical, Motor, Mortgage Protection, and Personal Pension (includes corresponding Graph/Chart)
Motor Insurance - A Highly Concentrated Market
Table 130: UK Private Motor Insurance Market: Net Written Premium in Pound Billion for Years 2005 & 2006
Private Motor Insurance Market Records Declining Profitability
Green Motor Insurance Line to Grow
An Increasing Car Insurance Premiums
In-Vehicle Telematics Technology for The UK Motor Industry - A Brief
Motor Insurance Industry and Telematics
Aging Baby Boomers - A Concern in the UK Insurance Industry
High Proportion of Overseas Business
Table 131: UK Insurance Industry (2005): Percentage Breakdown of New Business Premium Mix by Category - Mutual, Overseas, UK Listed, and Others (includes corresponding Graph/Chart)
Stocks and Shares Rank Top line Choices for Insurers' Investment Holdings
Table 132: UK Insurance Market (2005): Total Long Term and General Insurance Investment Holding in £ Billion by Category - Public Sector Securities, Ordinary Stocks and Shares, Property, Unit Trusts, and Cash and Other Investments (includes corresponding Graph/Chart)
Table 133: UK Insurance Market (2004): Total Long Term and General Insurance Investment Holding in £ Billion (includes corresponding Graph/Chart)
Direct Writers - A Key Link in the Market Vertical
Fluctuating Regulations Cast a Spell of Chaos on the Industry
United Kingdom' s Insurance Market Unstable
' Long Life' Products Go Strong
Table 134: UK Life Insurance Industry: Life Annualized New Business in US$ Billion and Percentage Value Breakdown of LANB by Savings & Protection, Pensions, Pension Annuities and Group Risk (Regular, Non-Profit) for the Years 2001, 2002, 2003, 2004, 2005 and 2010 (includes corresponding Graph/Chart)
E-Commerce & Outsourcing - To Rise & Shine the UK Insurance Sector
Investment Pattern
Consumer Trends
Women Not a Popular Target for Online Insurers
Consumer Preferences

3. Insurance Market Trends

Officers and Directors Insurance Market in the UK Registers Stagnant Growth
Mutual Insurance Gains Ground Amid Adversities
Online Insurance on the Rise
Table 135: Online Insurance Growth in the UK (2002-2005): Percentage Share of Online Sales of Motor and Home Insurances (includes corresponding Graph/Chart)
Structural Insurance on Decline
Product Diversification and Service Differentiation Drive Volumes
Personal Lines - A Wave of Reforms
Impact of Climatic Transitions on Insurance Industry
Citizens of The UK Resort to Insurers for Settling Neighborly Disputes
London Insurance Market - An Overview
The UK Insurance Industry - An Overall Market Scenario
The UK Commercial Insurance Fraud

4. A Review of UK Insurance Industry Sectors

Long-Term Insurance
Table 136: UK Long Term Insurance Market (2005): Net Premium Income in Pound Billion by Category - Group Pensions, Life & Annuities, Individual Pensions, and Income Protection & Other Business (includes corresponding Graph/Chart)
Table 137: UK Long Term Insurance Market (2005): Benefits Paid in Pound Billion by Category - Life & Annuities, All Pensions, and Income Protection & Other Business (includes corresponding Graph/Chart)
Table 138: UK Long Term Insurance Market (2005): Individual Business Policies in Million by Category - Life & Annuities, All Pensions, and Income Protection & Other Business (includes corresponding Graph/Chart)
Table 139: UK Long Term Insurance (2005): Percentage Market Share of Sales by Category - Single Tie/Limited Range, IFAs/Whole of Market, and Non-Intermediated (includes corresponding Graph/Chart)
Table 140: UK Long Term Insurance (2000-2004): ' Life & Annuities' Net Premium (NP) in US$ Billion and Percentage Breakdown of NP by Regular and Single Premiums (includes corresponding Graph/Chart) (includes corresponding Graph/Chart)
Table 141: UK Long Term Insurance (2000-2004): Individual/ Other Pensions' Net Premium (NP) in US$ Billion and Percentage Breakdown of NP by Regular and Single Premiums (includes corresponding Graph/Chart)
Table 142: UK Long Term Insurance (2000-2004): ' Income Protection' Net Premium (NP) in US$ Billion and Percentage Breakdown of NP by Regular and Single Premiums (includes corresponding Graph/Chart)
Table 143: UK Long Term Insurance (2000-2004): Total Benefits (TB) in US$ Billion and Percentage Breakdown of Total Benefits by Pensions, Life & Annuities and Income Protection (includes corresponding Graph/Chart)
Table 144: UK Long Term Insurance (2000-2004): Total Business Policies (TBP) in US$ Billion and Percentage Breakdown of TBP by Life & Annuities, Pensions and Income Protection Life Insurance (includes corresponding Graph/Chart)

4a. Life Insurance

Table 145: Leading Players in the UK Insurance Market (2006): Percentage Breakdown of Net Premiums by Company - Standard Life, AVIVA Plc, Legal & General, Prudential, Lloyds TSB Group, Aegon, ALICO, HBOS Financial Services, AXA, Canada Life and Friends Provident (includes corresponding Graph/Chart)
Table 146: UK Life Insurance Market (2006 & 2007): Percentage Market Share of Net Written Premiums by Category - Life Insurance, Individual Pensions, Occupational Pensions, Income Protection and Others (includes corresponding Graph/Chart)
Table 147: UK Life Insurance Market (2005 & 2006): New Business Premiums (Regular) in Pound Million by Category - Individual Pension, Group Pension, Individual Protection, Group Protection, Investment & Savings, Collective Investment & Schemes, Other Stakeholder Products, and Offshore Business (includes corresponding Graph/Chart)
Table 148: UK Life Insurance Market (2005 & 2006): New Business Premiums (Regular) by Distribution Channel - Single Tie, IFAs/Whole of Market, and Non- intermediated (includes corresponding Graph/Chart)
Table 149: UK Life Insurance Market (2005 & 2006): New Business Premiums (Single) in Pound Million by Category - Individual Pension, Group Pension, Individual Protection, Pension Annuities & Income Drawdown, Investment & Savings, Collective Investment & Schemes, Other Stakeholder Products, and Offshore Business (includes corresponding Graph/Chart)
Table 150: UK Life Insurance Market (2005 & 2006): New Business Premiums (Single) by Distribution Channel - Single Tie, IFAs/Whole of Market, and Non- intermediated (includes corresponding Graph/Chart)
Categorization of the UK Life Insurers
Restructuring of the Industry
Opportunities for Life Insurers
Life Insurance Prices to Drop in UK
Outlook for the Life Market
Industrial Branch Business
About Endowment Mortgages
Hybrid and Savings Plans - Futuristic in Nature
The Pension Sector
Table 151: UK Pension Market (2005): Total Funded Pensions in £ Billion by Type - Self-Administered Pensions, Insurance Individual Pensions, and Insurance Occupational Pensions (includes corresponding Graph/Chart)
Compulsory Pension (Contributory State Pension)
Safety Net Pension (Non-Contributory State Pension)
Occupational Pensions (Voluntary)
Personal Pensions and Other Retirement Savings (Voluntary)
Stakeholder Pensions
Pension Credit
An Impetus to Sagging Pensions Market
Traded Endowment Policies (TEPS)
A Fast Growing Financial Services Segment
The Origins
Target Audience
Triple Benefits
Protection and Investor Considerations
Supply and Demand Scenario - A Historic Review
Table 152: Percentage of TEPS Offered by Life Companies to Market Makers (includes corresponding Graph/Chart)

4b. General Insurance

Table 153: UK Non-Life Insurance Market (2006 & 2007): Percentage Breakdown of Net Written Premiums by Category - Motor, Property, Accident & Health, Pecuniary Loss, Liability and Others (includes corresponding Graph/Chart)
Table 154: UK General Insurance Market (2005): Percentage Breakdown of Sales by Channel -Banks/Building Societies, Company Agents, Direct, Independent Intermediaries, Retailers/ Affinity Groups/ Utility Groups, and Others (includes corresponding Graph/Chart)
Table 155: UK General Business Insurance Industry (2005): Domestic Risk Net Written Premium (NWP) in £ Billion and Percentage Breakdown of NWP by Sectors for Motor, Accident & Health, Property, Pecuniary Loss and General Liability (includes corresponding Graph/Chart)
Table 156: UK General Business Insurance (Excluding UK Risks) Industry (2005): Net Written Premium (NWP) in £ Billion and Percentage Breakdown of NWP by Home Foreign, Marine Aviation & Transport, and Non-MAT Reinsurance (includes corresponding Graph/Chart)
Table 157: UK Commercial Insurance Market (2005): Percentage Breakdown of Claims by Business Sectors - Employer' s Liability, Motor/Fleet Vehicle, Professional Indemnity, Property, and All Risks Packaged Policy (includes corresponding Graph/Chart)
Table 158: UK General Business Insurance Industry (2000- 2004): Domestic Risk Net Written Premium (NWP) in US$ Billion and Percentage Breakdown of NWP by Sectors for Motor, Accident & Health, Property, Pecuniary Loss and General Liability (includes corresponding Graph/Chart)
Table 159: UK General Business Insurance (Excluding UK Risks) Industry (2000-2004): Net Written Premium (NWP) in US$ Billion and Percentage Breakdown of NWP by Home Foreign, Non-MAT Reinsurance and Marine Aviation & Transport (includes corresponding Graph/Chart)
Underwriting Profits
Motor Insurance
Uncertain Future
Performance - A Perspective
Table 160: UK Motor Revenue Account (2005): Net Written Premium (NWP) in Pound Million for Domestic and Commercial Segments (includes corresponding Graph/Chart)
Table 161: UK Motor Revenue Account (2000-2004): Net Written Premium (NWP) in US$ Billion and Percentage Breakdown of NWP by Domestic and Commercial (includes corresponding Graph/Chart)
Table 162: UK Motor Revenue Account (2000-2004): Claims Incurred (CI) in US$ Billion and Percentage Breakdown of CI by Domestic and Commercial (includes corresponding Graph/Chart)
Competition Metamorphoses the UK Motor Industry
Private and Commercial Motor Market
Innovative Products at Low Premiums
Motor Insurance Offer Low Returns on Capital
Motor Cycle Claims
Effect of Competition and Pricing

4c. Property Insurance

Table 163: UK Property Damage Revenue Account (2005): Net Written Premium (NWP) in £ Million by Domestic and Commercial Segments by Category - Claims Incurred, Change in Provisions, Commission & Expenses, and Equalization Reserves (includes corresponding Graph/Chart)
Table 164: UK Property Damage Revenue Account (2000-2004): Net Written Premium (NWP) in US$ Billion and Percentage Breakdown of NWP by Domestic and Commercial Segments (includes corresponding Graph/Chart)
Table 165: UK Property Damage Revenue Account (2000-2004): Claims Incurred (CI) in US$ Billion and Percentage Breakdown of CI by Domestic and Commercial Segments (includes corresponding Graph/Chart)
Equalization Reserves
A Review of Past Performance
Property Insurance Loses Ground
Rate Hikes Indispensable
Intermediaries Command Distribution of Home Insurance
Price Sensitivity of Household Insurance Premiums
Determinants
Trend Towards Single Adult Homes
Brighter Prospects in the Offing
Competition Intensifies
SMEs Becoming Key Customers for Property & Liability Insurers

4d. Accident and Health Insurance

Table 166: Growth of Permanent Health Insurance Policies (includes corresponding Graph/Chart)
Health Insurance Highlights
Critical-Illness Plan to Dominate UK Market
Corporate Sector Holds Hope for UK' s Health Insurance Market
Rising Private Medical Insurance Claims
Table 167: Ratio of the UK Working Age Over Pensionable Age (includes corresponding Graph/Chart)
The Key for Retention
Long Term Care
Booming Long-Term Healthcare Insurance Market in the UK
Control of Personal Investment Authority
Outlook
Changes in UK Healthcare System - Impacts on Healthcare Insurance

4e. General Liability Insurance

Types of Covers
Table 168: Liability Account Gross Premiums Written (£ Million) (includes corresponding Graph/Chart)
Accident Insurance Market Lurking with Unlimited Liability Cover

4f. Pecuniary Loss Insurance

Key Types
UK Creditor Insurance Market - An Overview
Table 169: UK Recent Past, Current & Future Analysis for Credit Insurance Market in GBP Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Popularity of PPI Declines in Recent Years
PPI Affected by Negative Adulation
Regulatory Assessment Highlights Several Failures in Creditor Insurance Industry
Commercial Insurance For Small Business
Commercial General Insurance Industry in the UK to Register Robust Growth
Direct Writers Find Favor
Searching for More Niches
Brokers Calling the Shots
Soft Market Leads to Policy Changes

4g. Pet Insurance Market

' Dogging' the Pet Insurance Segment
Low Costs Spur Sales
Table 170: UK Recent Past, Current & Future Analysis for Pet Insurance Market in US$ Million at Retail Price for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Competitive Scenario
Table 171: Leading Players in UK Pet Insurance Market (2005): Percentage Market Share by Company - Allianz Cornhill, AXA Insurance, Domestic &General, Royal &SunAlliance, Thornside, UKI Partnerships, and Others (includes corresponding Graph/Chart)
Changing Market Conditions
Marketing and Distribution
Outlook

4h. Personal Lines Insurance

Home Insurance and Motor Insurance Rake in Most Subscriptions
Table 172: UK Insurance Industry (2004): Household Expenditure by Percentage of Households Purchasing Insurance and Annual Expenditure Per Household in £ (includes corresponding Graph/Chart)
Key Players

5. UK - Post September 11

London Goes the Subscription Way
Trends in Reinsurance

6. Key Market Trends/Issues - A Historic Review

Dismal Market Conditions
Bad Times for Insurers?
Soft Markets for Commercial Insurance and Reinsurance
Consolidation in the Insurance Market
Consolidations in the IFA Sector
IFAs Outlook Gloomy
Few Investors Choose to Invest in IFA' s
Flooding: A Cause of Concern for UK Insurers
Concentration in the Non-Life Insurance Market
Effect of Demographic Trends on Insurance Penetration
Table 173: Population Trends: 1990-2030 (includes corresponding Graph/Chart)
Information Technology in Insurance
Distribution
Entry of Banks Into Insurance
Table 174: Leading Bancassurers in the UK by Net Reinsurance Premium: 2000 (£ Million) (includes corresponding Graph/Chart)
Work-Site Marketing Rising to New Heights

7. Marketing Strategies

Telemarketing in the UK Insurance Market
Advertisements
Direct Mail
E-commerce & M-commerce
Customer Relationship Management (CRM)

8. Regulatory Environment

Insurance Industry Joins Hands with CIFAS in Fraud Fighting Initiative
Salient Features

9. Outlook

Future Trends

10. Market Minder: ' Past' Bites

Per Capita Insurance Expenditure
Table 175: Household Expenditure on Insurance by Type in the UK: 2000 (includes corresponding Graph/Chart)
Premiums & Claims
Table 176: UK Motor Insurance Market (2002): Risks Premium Income by Category in £ Billion (includes corresponding Graph/Chart)
Table 177: UK Private Motor Insurance Market (2001-2002): Percentage Breakdown of Premium Income by Distribution Channels (includes corresponding Graph/Chart)
Table 178: UK Private & Commercial Motor Insurance Market (2002)
Table 179: Long-Term Insurance Market in UK: 2000 (£ Billion) (includes corresponding Graph/Chart)
Table 180: Gross Premiums Written for UK Property/ Casualty Insurers: 2000 & 1999 (In £ Million) (includes corresponding Graph/Chart)
Table 181: UK Motor Insurance Business: 2000 (£ Billion (includes corresponding Graph/Chart))
Market Leaders
Table 182: Top-Five Players in the UK Life Insurance Market (2002) - Gross Written Premium in US$ Million for Barclays, Standard Life, Norwich Union, Prudential, and Halifax (includes corresponding Graph/Chart)
Table 183: Top-Five Players in the UK Non-Life Insurance Market (2002) - Gross Written Premium in US$ Million for Norwich Union, Royal & Sun Alliance, Zurich, AXA, and Churchill (includes corresponding Graph/Chart)
Table 184: Leading Players in the UK Private Motor Insurance Market (2002): Companies Ranked by Gross Earned Premium in £ Million and Vehicle Exposure in ' 000 Vehicle Years (includes corresponding Graph/Chart)
Table 185: Leading Players in the UK Commercial Motor Insurance Market (2002): Companies Ranked by Gross Earned Premium in £ Million and Vehicle Exposure in ' 000 Vehicle Years (includes corresponding Graph/Chart)
Table 186: Leading Insurance Players in the UK (2000): Company/Group Ranked by Premiums Written in US$ billion for CGU, Royal & Sun Alliance, Guardian Royal Exchange, BUPA, Corn hill, Z.F.S. Group, Direct Line, NFU, Independent Group and GE Financial (includes corresponding Graph/Chart)
Table 187: Leading Life Insurers in the UK by Net Reinsurance Premium: 2000 (£ Million) (includes corresponding Graph/Chart)
Investment Holdings
Table 188: Break Up of Total Long-Term and General Insurance Investment Holdings in 2000 (£ Billion) (includes corresponding Graph/Chart)

11. Review of the Sectors: Mid-90s

Table 189: Non-Life Investments Distribution in the UK Composites Market: 1994 (includes corresponding Graph/Chart)
Motor
Table 190: UK Private Motor Underwriting Ratios (%) (includes corresponding Graph/Chart)
Table 191: Premium of the Composites Under Motor: Mid-90s (£ Million) (includes corresponding Graph/Chart)
Table 192: The UK Private Motor Insurance Market: 1994-96 (£ Million)
Table 193: UK Commercial Motor Underwriting Ratios (%) (includes corresponding Graph/Chart)
Table 194: UK Commercial Motor Gross Premiums: Mid-90s (£ Million) (includes corresponding Graph/Chart)
Table 195: Commercial Motor Premium Distribution: 1989 vs. 1993 (includes corresponding Graph/Chart)
Property
Table 196: UK Commercial Property (Including Other) Underwriting Ratio (%) (includes corresponding Graph/Chart)
Table 197: Net Written Property/Casualty Premium Distribution By Line: 1994 ($ Million) (includes corresponding Graph/Chart)
Liability
Table 198: Breakup of Liability Among the Composites in the Mid-90s
Table 199: Written Premiums in £ Million: 1993 (includes corresponding Graph/Chart)
Table 200: Occupational Disease Claims in Terms of Percentage (includes corresponding Graph/Chart)
Accident & Health
Table 201: Pecuniary Loss - Net Premiums Written and Underwriting Results by Company (£ Million)
Life
Table 202: Life Premiums in Total Premiums of the Composites (includes corresponding Graph/Chart)
London - An Integral Part of the UK Insurance Industry
Composition of the Market
Marine & Energy Insurance Market
Reinsurance in the London Market
The London Market Consolidation

12. Product Innovations / Service Introductions

Buddies Launches Discount Pet-Insurance Scheme
Post Office Introduces New Life Insurance Policy
Direct Line to Introduce Four New Commercial Insurance Policies
Zurich to Re-Launch its Home Solutions Product
Markel International Introduces Medical Malpractice Product
Tesco Launches Cheap Health Insurance
Hiscox Rolls Out New Insurance Policies
Halifax Rolls Out New Insurance Product
Sterling Life Offers Life Cover for Armed Forces
Allianz Re-Launches Motor Trade Product
WPA Introduces Mycancerdrugs
Lloyds Offers Free Cover
Groupama Re-Launches Optima Bike
UK Post Office Launches Van Insurance
BIBA Launches PPI Products
BIBA Rolls Out Late-Night Entertainment Cover Product
R&SA Offers Insurance to Renewable Energy Sector
BUPA to Launch Space Insurance
Swiftcover to Launch a Mobile Phone Based Service
Norwich Union Introduces Innovative Life Insurance Coverage
Norwich Union Introduces New Online Motor Insurance Policy
Tesco to Provide Private Health Insurance
Norwich Union Introduces Guaranteed Whole Life Policy
MoreThan Provides Low-Cost Insurance to Young Motorists
Friends Provident Provides Tax Relief With New Life Cover
Swiftcover Expands Online Insurance Operations
Virgin Money Introduces Cancer Insurance
Prudential Launches PMI Policy
ADN Unveils Novel Insurance Services for UK Auto Dealership Market

13. Product Launches in the Past

Western Provident Association Launches Flexible Health Plan
Norwich Union Launches Group PMI Product for Corporate Customers
Norwich Union Introduces Future Assured Plan
Norwich Union Releases Impaired Life Annuity Scheme
Medicash Introduces a Healthcare Cash Plan
Berkeley Alexander Unveils Individual Private Medical Insurance Plan
Liverpool Victoria Introduces New Product
AIG Europe Introduces Healthnow
SecureHealth Introduces Options
Royal & Sun Alliance European Life & Investments Launches Balanced Yield Fund
Norwich Union Introduces Improved Version of Long-Term Care Insurance
Unum Launches Improved Elixia 123
BITA Plus Consultants Launches Risk Analysis and Reporting Service
Hiscox Launches Online Service
Clerical Medical International Offers New Version of CMI Premier Bond
Profin Launches Miscellaneous E&O Policy
"Franchised Auto Dealers" from Royal & Sun Alliance
Willis Deploys War Risk Products
Zurich Life Launches New Whole-Of-Life Policy
Norwich Union Launches Garden Insurance Package
Liverpool Victoria Launches Comprehensive Mortgage Payment Protection Insurance Plan
Skandia Offers Two New Life Insurance Programs
MAP Underwriting Offers Insurance Coverage for Political Violence
Legal & General Launches New Protection Plans Under Protection Choices Brand Name
Royal & Sun Alliance Launches New Plan for Non-Resident UK Citizens
Royal & Sun Alliance Rewards Safe Drivers with ' More Than' Plan
Canada Life International Adds New Features to Offshore Flexible Life Plan
BUPA International Adds Health Care Options to Insurance Policy
BUPA International Introduces Company First
Miller Insurance Group Offers Stand-Alone Terrorism Insurance
21st Century Launches Hospital Advantage Plan
Inreon Ltd. Launches EURO CAT
Skandia Introduces New Plans
Bank of Scotland Offshore Introduces Second Model of Save and Invest Product
AA Insurance Launches Online Customer Service Package
BUPA Creates Online Service for Complete Private Medical Insurance Cover
Standard Life Healthcare and Policy Master Together Offer Insurance Products

14. Recent Industry Activity

Tawa Acquires Continental Management Services
Assurant Solutions Takes Over Centrepoint Insurance
THB to Acquire Lloyd' s Broking Business and Overseas Interests of PWS
AIG Takes Over Direct Travel Insurance
AXA Acquires Davis Group
PHP Acquires Home Counties Healthcare' s Medical Insurance Business
Pearl Assurance Acquires Resolution
Aviva Acquires Two Hamilton Companies and Forms New Agreements with HSBC
Assurant' s UK Affiliate Takes Over Swansure Group
AXA & BMPS to Form a Strategic Partnership
AXA to Acquire Ukrainian Insurance Alliance
AXA to Divest Dutch Insurance Operations
HSBC Enters into Joint Venture with Aviva
AXA and UkrSibbank to Acquire Vesko
LV= Commences Brokerage Business
Genworth Partners with GMAC
Allianz Cornhill Collaborates with Game
Asda and LifeSearch Enter into Partnership
Aegon Scottish to Deploy Thinc' s Distribution Platform
HSBC to Form JV with Norwich Union
Munich Re Acquires Bell & Clements
Aegon Enters into Distribution Pact with Dunfermline
Skandia to Consolidate UK Businesses
Allianz Cornhill Changes its Name to Allianz Insurance
LV= Forms Partnership with Help the Aged
Prudential and Discovery Forms JV
Norwich Union Outsources Administration to Swiss Re
AXA PPP Acquires Legal & General
AXA to Acquire Swiftcover
L&G and Nationwide Enters Distribution Pact
R&SA Bags New Contract
K Drewe and BIBA Enter into Collaboration
Prudential to Divest Egg
Equity and Nissan Forms Partnership
Standard Life and Summit to Offer Cover for Climbers
Alliance and Leicester Enters Car Insurance Business
IAG Acquires Equity
Beazley Snaps Up Santam Corporate
Resolution Life to Merge Life Insurance Businesses
Friends and Resolution Negotiate for a Prospective Merger
Bank of Georgia Merges BCI and Aldagi
Ariel Acquires Atrium
Enstar Group Buys Cavell Management
American International to Acquire Ocean Finance & Mortgages
CIGNA Acquires Vielife
Swiss Re bids for Prudential' s Division
Liverpool Victoria Snaps Up ABC Insurance
Generali to Acquire Aviva
Abbey Exits Life Business
Axa to Takeover Thinc Destini
Lloyds TSB Acquires Pearl' s General Insurance Business
Citibank to Collaborate with Legal & General to Offer Insurance
Barclays to Sell Standard Life' s Insurance Products
CFS Forms a New Wing for General Insurance
AIG to Commence Bulk Annuity Operations in The UK
Asda and Scottish Widows End Alliance
Scottish Re to Secure a New Investment of $ 600 Million
Oxygen Holdings Completes Acquisition of Smart & Cook
Resolution Life Confirms Talks Related to Prospective Transactions
Royal & SunAlliance Plans Acquisition of Martello Underwriting
Allianz Cornhill and Argos Sign Agreement for Furniture Insurance
Towergate Snaps Up Paymentshield
Catlin To Acquire Wellington Underwriting
Bank of America to Divest Premium Credit
Berkshire Hathaway to Meet Liabilities of Lloyd
Reliance Mutual to Acquire University Life
Zurich to Acquire Endsleigh
Groupma to Allow Carole Nash to Function as a Distinct Entity
Swinton to Merge With its4me.co.uk to Boost Online Business
Swiss Re Acquires UK GE Life Business
Capita Life & Pensions Bags Contract from Scottish Life
Resolution Acquires Abbey National' s Life Insurance Business
Royal Liver to Enter Guaranteed Critical-Illness Market
Aviva PLC Acquires RAC
Imagine Acquires Abacus
HCC Proposes to Buy IIG
Beazley Group Acquires OPCI
Merrill Lynch & Co to Acquire AMVESCAP Retirement, Inc.
CLI Acquires Axis USA
Health Lambert Group Sells Health Insurance Brokers
St. Paul Sells Cassidy Davis
American Physicians Acquires Minority Interest in Physicians Insurance Co
British Union Purchases Amedex
Navigators Group Acquires Lloyds Syndicate 1221
Resolution Life' s Expansion Drive Continues
Sainsbury' s Bank to Start Auto Insurance Business
Prestbury Holdings to Launch General Insurance
Benchmark Causes Vibes in Investment Property Insurance
Primary Acquires Benchmark Management
CDC to Purchase Saga Ltd
Willis Group Holdings Ltd. Acquires Vision Insurance Group
Arthur J Gallagher Acquires the Kooper Group
Marsh Acquires the Australian Operations of Heath Lambert Group
Capital Z Financial Services Acquires SBJ Group
Royal & Sun alliance Divests UK Life Insurance Business to Resolution Life Group
Crawley Warren Acquires International Space Brokers

15. Strategic Developments in the Past

UPC Buys Sun Life' s UK Operations
HCC Holdings Acquires Illium Insurance Group
Hilb Rogal & Hobbs Buy Alexander Brooks & Stevens Ltd
Norwich' s Flood Risk Mapping Holds Immense Implications for the Industry
Gerling NCM Sets Shop in the UK
Primary Insurance Acquires UK Insurance' s Third Party Business
Canada Life Acquires Disability and Life Insurance Operations of Royal & Sun Alliance Insurance
Earnest R Shaw Acquires Kendall White Millar
HSBC Group Acquires Stake in Ping An Insurance Co.
Aegon Acquires Stake in Wentworth Rose
Aegon Acquires Momentum
Aegon Acquires Advisory & Brokerage Services
Willis Group Increases Stake in Indonesian Subsidiary
Prudential Corp. Acquires ING Life Insurance
Amlin Purchases Renewal Rights from AIOI Insurance Co. of Europe
Scottish Annuity & Life Holdings Acquires World-Wide Reassurance
Heritage Underwriting Establishes Lloyd' s Syndicate
GE Frankona Re Establishes New Aviation Unit
XL Capital Assurance Establishes New Subsidiary in the UK
Aviva and UniCredito Italiano Sign Partnership Agreement with BPCI
Aviva Signs Agreement with Unicredito Italiano
Cazenove Investment Fund Management and AIG Life in Agreement
Countrywide Assured Signs Agreement with Friends Provident
Royal & Sun Alliance Sells Offshore Life Operations
Jardine Lloyd Thompson Streamlines Business Operations
Axa Sun Life and Clerical Medical International Refocus Operations
Marks & Spencer Offers Pet Insurance
Standard Life' s Stakeholder Pension Sales Slump
Royal & Sun Alliance Buys Loss Adjustment Unit of Independent Insurance
AXA Insurance Purchases Website of Independent Insurance
Liverpool Victoria Acquires Permanent Insurance from EquiTableLife
Prudential Acquires Orico Life Insurance
Eureko Purchases Foreign and Colonial Management Ltd.
CGNU Acquires ABN Amro Magyar Elet es Nyugdijbiztosito Reszvenytarsasag
CGNU Acquires Insurance Division of the Development Bank of Singapore
Vesta Insurance Group Acquires Instant Insurance Holdings and Aegis Financial
EW Blanch, Ben field Greig Group Merge to Form Ben field Blanch
Prudential Acquires YoungPoong Life
Royal Sun Alliance Acquires Seguros BBV
CPP Holdings Acquires Homecare Holdings
Ben field Group, SG Set up Celsius Insurance
Groupama Insurances Forms New Division
Prudential Divests General Insurance Business to Winterthur

16. Focus on Select Players

Abbey National PLC
Allianz Corn hill
Amlin PLC
Aviva Plc - Fifth Largest Life Insurer in the World
Britannia Life
BUPA (British Union Provident Association)
Direct Line Plc
Ecclesiastical Insurance Group
Equity Insurance Group Limited
Groupama Insurances
Halifax Life.
Hiscox Ltd
Legal & General Group Plc
Lloyd' s of London
Lloyds TSB Group Plc
Lloyds TSB Life Assurance Company Limited
Markel International Ltd.
Nat West Life
NFU Mutual Insurance Co.
Prudential PLC
Royal & Sun Alliance Insurance Group
Scottish Widows plc
St. Paul International Insurance Co. Ltd.
St. Paul Travelers Insurance Company Limited
Standard Life PLC
The EquiTableLife Assurance Society
Leading Brokers in UK
HBOS PLC
Jardine Lloyd Thompson Group Plc
Willis Group Holdings Ltd., UK

INSURANCE INDUSTRY IN THE CZECH REPUBLIC

1. Insurance Market Overview

Table 203: Insurance Industry in Czech Republic (2005): Premium Income in US$ Billion, Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life
Table 204: Czech Republic Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Players for Ceska Pojistovna, Kooperativa, Allianz, CSOB pojicoeovna, Nationale-Nederlanden, Generali, Pojistovna Ceske Sporitelny, CPP, Komercni Pojistovna, UNI A, and Others (includes corresponding Graph/Chart)
Czech Insurance Market on an Increasing Spree
The Czech Republic to Merge Insurance Collections
Changing Demographics Spell Growth for Insurance Products
Health Insurance Scenario Satisfactory
Failings of ' Pay-as-you-Go' System Propel Private Pension Funds

2. Industry Structure

Insurance Groups
Financial Services Companies
Major Financial Groups with Insurance Interests
Associations
Foreign Participation
Key Requirements for Insurers
Eligibility for Conducting Insurance Operations

3. Outlook

Headed for a Reforms-Driven Growth

5. Insurance Industry...The Timeline

6. A Historical Perspective of the Market

2000-2001: A Review of the Market Constitution and Growth
Tax Relief Provision
Single-Premium Endowments Rise
Table 205: Czech Republic Life and Non-Life Insurance Penetration (as % of GDP): 2001
Table 206: Czech Republic Insurance Industry (2001): Premium Written in US$ Million by Sector (includes corresponding Graph/Chart)
Table 207: Czech Republic Insurance Industry (2001): Per Capita Premium in US$ for Life and Non-Life Sectors
Table 208: Czech Republic Per Capita Life and Non-Life Premium in Comparison with Neighboring Countries for 2001 (Premium per Capita in US$) (includes corresponding Graph/Chart)
Table 209: Czech Republic Insurance Industry (2001): Leading Companies by Premium Income in US$ Million (includes corresponding Graph/Chart)
Foreign-Owned Companies in the Czech Republic: 2001
Table 210: Break-up of Market Share Between Local and Overseas Players for 2001 (includes corresponding Graph/Chart)
Czech Insurance Sector Features Among Top 50 Markets for Insurance Worldwide
Table 211: Czech Republic Insurance Industry (2000): Leading Insurance Companies by Prescribed Premiums in Million Korunas (includes corresponding Graph/Chart)

7. A Segmental Perspective

7a. Life Insurance Market...Growing Steadily

Major Products
Term Life
Credit Life
Whole of Life
Key Man
Endowment
Unit-Linked Contracts
Common Riders
Underwriting Criteria
Distribution Scene
Leading Players
Table 212: Czech Republic Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Ceska pojistovna, Kooperativa, ING Nationale-Nederlanden, CSOB Pojistovna, Pojistovna CS, Komercni pojistovna, Allianz, AMCICO AIG Life, Generali, and Credit Suisse (includes corresponding Graph/Chart)
Table 213: Top-Five Players in the Life Insurance Industry of Czech Republic (2002) - Gross Written Premium in US$ Million for Ceska Pojistovna, Nationale Nederlanden, Pojistovna CS, CSOB Pojistovna, and Kooperativa Pojistovna (includes corresponding Graph/Chart)

7b. Healthcare Insurance

Compulsory Insurance
Key Private Health Insurers
Group Schemes

7c. Pensions and Employee Benefits

Annuities
Government Pensions
Company Pensions
Background
Benefits Offered
Distribution Trends
Individual Pensions
Tax Benefits
Multinational Pools
Multinational Pools Representatives in the Czech Market
A Recent Past Market Review
Table 214: Pension Funds in the Czech Republic (1998-2001): Members, Contributions and Assets (Members in Thousands, Contribution and Assets in CZK Billion) (includes corresponding Graph/Chart)
Table 215: Czech Pensions Market by Premium in US$ Million for 1998-2000 (includes corresponding Graph/Chart)
Table 216: Czech Republic Insurance Industry (1999-2001): Distribution of Pension Fund Members by Age Group (In %) (includes corresponding Graph/Chart)
Table 217: Czech Republic Insurance Industry (1998-2001): Growth in Pension Fund Contributions (In %) (includes corresponding Graph/Chart)
Table 218: Leading Pension Funds in the Czech Republic by Members and Assets for 2001 (Assets in CZK Million) (includes corresponding Graph/Chart)
Owners of Leading Pension Funds in the Czech Republic
Table 219: Czech Republic Insurance Industry (1999-2001): Percentage Breakdown of Investment Distribution of Pension Assets (includes corresponding Graph/Chart)
Table 220: Czech Republic Insurance Industry (1998-2000): Individual Pension Premiums Written by Life Insurers (In CZK Million) (includes corresponding Graph/Chart)
Other Employee Benefit Plans
Table 221: Group Insurance Premiums by Class in Czech Republic for 2000 (In CZK Million) (includes corresponding Graph/Chart)
Group Life Assurance
Sickness Insurance
Regulatory Norms

7d. Non-Life Insurance Industry

Table 222: Czech Non-Life Insurance Market (2005): Percentage Breakdown by Segment - MOD, MTPL, Property Ex-motor, Workmen' s Compensation, Other Liability, and Others (includes corresponding Graph/Chart)
Leading Players
Table 223: Czech Republican Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Kooperativa, Allianz, Generali, Pojstovna CS, CSOB Pojistovna, CPP, UNIQA, AIG Czech Republic, and EGAP (includes corresponding Graph/Chart)
Table 224: Top-Five Players in the Non-Life Insurance Industry of Czech Republic (2002) - Gross Written Premium in US$ Million for Ceska Pojistovna, Kooperativa Pojistovna, Allianz Pojistovna, Pojistovna CS, and IPB Pojistovna (includes corresponding Graph/Chart)

7e. Reinsurance

Investment Requirements
Reinsurance - Local Trends

8. Supervision

Insurance
Annual Returns
Pensions

9. Recent Industry Activity

Hagelversicherung to Setup Unit in Czech Republic
Raiffeisen Completes the Acquisition of eBanka
Australian BE Group to Enter Czech Republic Insurance Market

10. Strategic Developments During Recent Past (2000-2001)

11. Focus on Select Players

Ceska Pojistovna AS - Largest Insurer in the Czech Republic
CSOB Pojistovna, Czech Republic - Fourth Largest Insurer in the Czech Republic
Kooperativa Pojistovna

RUSSIAN INSURANCE INDUSTRY

1. Industry at a Glance

Market Overview
Insurance Sector Representation
Table 225: Russian Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 226: Russian 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 227: Russian Insurance Industry (2007 & 2008): Percentage Breakdown of Premium Income by Category - Property, Medical, Personal, Motor, Liability, Life and Others (includes corresponding Graph/Chart)
Table 228: Russian Insurance Industry (2006 & 2007): Premium Income in US$ Million by Leading Companies for Rosgosstrakh, Ingosstrakh, Sogaz, Reso, Rosno, VSK, Kapital IG, Soglasie, Uralsib IG, and Alfa (includes corresponding Graph/Chart)
Voluntary Vs. Compulsory Insurance
Table 229: Russian Insurance Market (2007 & 2008): Premium Income in US$ Billion for Voluntary and Compulsory Insurance
Table 230: Russian Voluntary Insurance Market (2007 & 2008): Percentage Breakdown of Market Share by Premium Income by Category - Property Insurance, Personal Insurance, Liability Insurance, Life Insurance and Others (includes corresponding Graph/Chart)
Table 231: Russian Compulsory Insurance Market (2007 & 2008): Percentage Breakdown of Market Share by Premium Income by Category - Medical, Motor and Others (includes corresponding Graph/Chart)
Table 232: Insurance Industry in Hong Kong (2006): Per Capita Premium in US$ and Premium as % of GDP by Category - Life and Non-Life
Rationalizing Growth
OMS Picks up Well
Consolidation Rife
Tax Waiver Boosts Life Insurance Sector Prospects
Automobile and Property Insurance To Rise And Shine In Future
Insurance Market Snapshots - A Review of Recent Past
Table 233: Russian Insurance Market (2003): Percentage Breakdown by Insurance Premium in RR Billion by Category - Mandatory Insurance (Mandatory Motor, Mandatory Medical Insurance, Personal Passenger Insurance, State Insurance of Military Personnel) and Voluntary Insurance (Liability Insurance, Life Insurance, Personal Insurance (other than life), and Property Insurance) (includes corresponding Graph/Chart)

2. Market Trends and Issues

Financial Services Outlook: Insurance Industry to Expand
Non-life Segment to Drive Insurance Market in Russia
Insurance Industry Outpaces GDP Growth
Problems Galore
A Ray of Hope
Profitable Sectors
Regional Insurers Have a Major Say
High Level of Cross Border Reinsurance
Limitations of Russian Insurance Market
Small Business Insurance - The Next Big Thing
Insurance Companies Set Out on IPO

3. Role of Foreign Insurers in Russia

Problems Continue to Dog Foreign Players
Reinsurance Sector...Led by Overseas Players

4. Regulatory Environment

The Supervisory Authority
Responsibilities of Department of Insurance Supervision
Powers
Rights
General Rules and Regulations
Licensing
Accounting

5. Review of the Sectors

Life and Savings Market
Pension Reforms
Voluntary Medical Insurance
Market Leaders: Life Insurance
Table 234: Russian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Stolichnoe, UralSib, Yakor, Natsionalnaya, Standart Reserv, Gorodskaya, Rosno, Pomoshch, Reso Garantiya, and Rosgosstrakh (includes corresponding Graphs/Chart)
Table 235: Top-Five Players in the Russian Life Insurance Industry (2002) - Gross Written Premium in US$ Million for PSK, Yakor, Liga, National Insurance, and CA Vesta (includes corresponding Graphs/Chart)
Non-Life Insurance: A Concentrated Sector
Automobile Insurance
Russian Companies Form Union of Automobile Insurers
Table 236: Russian Non-Life Insurance Industry (2005): Percentage Breakdown of Gross Premiums by Category - Accident & Illness, Legal Entity Cargo, Legal Entity MOD, OMTPL, Private Cargo, Private MOD, Private Property, Legal Entity Property, Voluntary Medical, and Others (includes corresponding Graph/Chart)
Market Leaders: Non-Life
Table 237: Leading Players in Russian Non-Life Insurance Industry (2005): Gross Premiums in US$ Million and Number of Agents for Select Companies - Alfa Insurance, Ingosstrakh, Lider, MAKS, RESO, Rosgosstrakh, ROSNO, SOGAZ, UralSib, and VSK (includes corresponding Graph/Chart)
Table 238: Russian Medical Insurance Market (2006 & 2007): Premiums in US$ Million by Leading Companies for MAKS, Sogaz, Kapital, Yugoriya and Ingosstrakh (includes corresponding Graph/Chart)
Table 239: Russian Motor Insurance Market (2006 & 2007): Premiums in US$ Million by Leading Companies for Ingosstrakh, Rosgosstrakh, Reso, Rosno and Alfa (includes corresponding Graph/Chart)
Table 240: Russian Property Insurance Market (2006 & 2007): Premiums in US$ Million by Leading Companies for Sogaz, MAKS, Rus Ins, Rosgosstrakh and Reso (includes corresponding Graph/Chart)
Table 241: Leading Players in Russian Accident & Illness Insurance Market (2005): Gross Premiums in US$ Million for Ingosstrakh, MAKS, NASTA, RESO, Rosgosstrakh, ROSNO, UralSib, and VSK (includes corresponding Graph/Chart)
Table 242: Leading Players in Russian Legal Entity Property Insurance Market (2005): Gross Premiums in US$ Million for ROSNO, VSK, Rosgosstrakh, and Ingosstrakh (includes corresponding Graph/Chart)
Table 243: Leading Players in Russian Legal Entity Cargo Insurance Market (2005): Gross Premiums in US$ Million for Rosgosstrakh, Pari, and Ingosstrakh (includes corresponding Graph/Chart)
Table 244: Leading Players in Russian Voluntary Medical Insurance Market (2005): Gross Premiums in US$ Million for Alfa, Ingosstrakh, MAKS, RESO, Renaissance, Rosgosstrakh, ROSNO, UralSib, and VSK (includes corresponding Graph/Chart)
Table 245: Leading Players in Russian Combined MOD Insurance Market (2005): Gross Premiums in US$ Million for Alfa, Ingosstrakh, MAKS, RESO, NASTA, Renaissance, Rosgosstrakh, ROSNO, Rossiya, SOGAZ, Soglasie, Standart Reserve, UralSib, and VSK (includes corresponding Graph/Chart)
Table 246: Russian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Ingosstrakh, Reso Garantiya, Rosgosstrakh, Sogaz, Rosno, Soglasiye, Natsionalnaya, MAKS, UralSib, and Alfa (includes corresponding Graphs/Chart)
Table 247: Top-Five Players in the Russian Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Ingosstrakh, Reso- Garantia, Soglasie, ROSNO, and Lukoil (includes corresponding Graphs/Chart)
Reinsurance
Table 248: Russian Recent Past, Current & Future Analysis for Reinsurance Industry with Premiums in US$ Million for the Years 2005 through 2009 (includes corresponding Graph/Chart)
Table 249: Russian Reinsurance Industry (2007 & 2008): Percentage Breakdown of Premium Income by Category for Property, Personal, Liability, Life, Motor and Others (includes corresponding Graph/Chart)
Table 250: Leading Players in the Russian Reinsurance Market (2006 & 2007): Written Premiums in US$ Million by Leading Reinsurance Companies for Kapital Re, Transsib Re, Megaruss Re, Moscow Re, and Russian Reinsurance Co (includes corresponding Graph/Chart)

6. Outlook

Focus on Reserve Practices
Reforms - Key for Development

7. A Recent Past Perspective

Post September 11 Attacks: Russian Economy Presents a Rosy Picture
Competition and Control Lower Market' s Fragmentation
Capital & Start ups of Insurance Firms: A 2000 Scenario
Life Insurance Dominated the Scene
Leading Auto Insurers
Table 251: Leading Auto Insurers in Russia by Insurance Premium & Claims Paid for 2001 (In Russian Ruble Million) (includes corresponding Graphs/Chart)

8. Recent Industry Activity in Russia

Allianz Acquires Stake in ROSNO
Zurich Purchases Majority Stake in Nasta
Fortis Commences Life Insurance Business
VSK to Divest a Major Stake in Insurance Subsidiary
Aviva to Sell Protection Products in Russia
R & SA and Direct Insurance Financial Investments Forms Joint Venture
The Aton Investment House Acquires Stake in Rossia Insurance Company
Russian Insurance Majors Form Anti-Terror Insurance Pool
Finansovyj Assistent Acquires Stake in Moskovskaya Strakhovaya Kompaniya
Allianz Purchases Stake in Rosno
RESO-Garantiya Acquires 55% Stake in Petrovskaya Strakhovaya Gruppa
Ingosstrakh (Russia) Appointed Regional Insurance Coordinator

9. Focus on Select Russian Players

Ingosstrakh
RESO-Garantia
Soglassye Insurance Company

SELECT EUROPEAN INSURANCE MARKETS

1. Central and Eastern Europe

Market Overview
Life Insurance Sector Flourishing
Large Players Losing Hold
Table 252: Insurance Industry in Eastern Europe (2005): Penetration of Insurance by Life and Non-Life Segments for Select Regions - Russia, Czech Republic, Poland, Hungary, and Ukraine (includes corresponding Graph/Chart)

2. A Peek into Recent Past Market Scenario

Individual Markets
Motor Insurance Stimulates Growth in Non-Life
Market Numbers
Table 253: Insurance Penetration Rate (In %) by Type for 2001: Central/East European Nations Vs EU-15 (includes corresponding Graph/Chart)
Table 254: Insurance Premium as % of GDP for 1999-2001: Central/East European Nations Vs EU-15 (includes corresponding Graph/Chart)
Table 255: Per Capita Premium in US$ for 2000 & 2001: Central/East European Nations Vs EU-15 (includes corresponding Graph/Chart)

3. Unit Linked Business in Scandinavia

A Prosperous Region
Good Prospects
Baltic Countries: Pension Reforms - Agenda for Growth
Latvia
1st Pillar - State Mandatory Non-Funded Social Insurance Pension Scheme (On PAYG base)
2nd Pillar - State Mandatory Funded Social Insurance Pension Scheme
3rd Pillar - Private Voluntary Pension Scheme
Lithuania
Estonia
Synopsis

4. Key Insurance Markets in Rest of Europe

4a. Austria

Market Overview
Austrian National Insurance System
Table 256: Austrian Insurance Industry (2003): Percentage Share of Expenditure by Sector for Pensions, Health Insurance, and Accident Insurance (includes corresponding Graph/Chart)
Table 257: Austrian Insurance Industry (2000-2003): pending of Health Insurance Sector by Spending Areas in € Million (includes corresponding Graph/Chart)
Life Insurance Sector
Table 258: Austrian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Sparkassen Versicherung, Wiener Stadtische, Raifeisen, UNIQA Personenversicherung, Generali Versicherung, Allianz Elementar Leben, Wustenrot, Union, Donau, and Skandia Leben (includes corresponding Graph/Chart)
Table 259: Top-Five Players in the Austrian Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Sparkassen-Versicherung, Wiener Staedtische, Raiffeisen, Generali Versicherung ,and Wustenrot (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 260: Austrian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Allianz Elementar, Uniqa Sach, Wiener Stadtische, Generali, Interunfall, Donau, Grawe, Zurich, Oberosterreichische, and Niederosterreichische (includes corresponding Graph/Chart)
Table 261: Top-Five Players in the Austrian Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Allianz Elementar, Wiener Stadtische, Generali, Uniqa Sach, and Interunfall (includes corresponding Graph/Chart)

4b. Belgium

Table 262: Belgian Insurance Industry (2005): Penetration of Insurance and Per Capita Premium in US$ by Category - Life and Non-Life
Review of the Sectors
Life Insurance
Key Players
Table 263: Belgian Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for ETHIAS Life, Les Assurances de Fortis Banque, AXA Belgium, Fortis AG, KBC Assurances/CBC Assurances, ING Insurance, DEXIA Assurances, AGF Belgium Insurance, Generali Belgium, Winterthur-Europe Assurances (includes corresponding Graph/Chart)
Table 264: Top-Five Players in the Belgian Life Insurance Industry (2002) - Gross Written Premium in US$ Million for SMAP, FB Assurances, ING, KBC Assurances, and Fortis AG (includes corresponding Graph/Chart)
Non-Life Insurance
Table 265: Belgian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Axa Belgium, Fortis AG, Ethais, KBC Assurances, Winterthur-Europe, AGF Belgium, Mercator, ING, Les Assurances Populaires, and DKV Belgium (includes corresponding Graph/Chart)
Table 266: Top-Five Players in the Belgian Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for AXA Belgium, Fortis AG, SMAP,KBC Assurances, and Winterthur-Europe (includes corresponding Graph/Chart)

4c. Bulgaria

Life Insurance Sector
Table 267: Bulgarian Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for DZI, Allianz Bulgaria Life, Orel Life, AIG Life Bulgaria, Bulstrad DSK-Life, Grawe Bulgaria, Vitosha Life, Bulgariski Imoti, DSK Garancia, and Dobrudja-M-Life (includes corresponding Graph/Chart)
Table 268: Top-Five Players in the Bulgarian Life Insurance Industry (2003) - Gross Written Premium in US$ Million for DZI, Allianz Bulgaria Life, Orel Life, AIG Life Bulgaria, and Bulstrad DSK-Life(includes corresponding Graph/Chart)
A Peek into the 2000 Market Numbers
Table 269: Life Insurance Industry in Bulgaria (2000): Leading Companies by Premium Income in Lev Million and Market Share in % (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 270: Top-Five Players in the Bulgarian Non-Life Insurance Industry (2003) - Gross Written Premium in US$ Million for Bulstrad, DZI General, Allianz Bulgaria, Bul Ins, and Vitosha (includes corresponding Graph/Chart)

4d. Croatia

Life Insurance Sector
Table 271: Croatian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Grawe, Croatia, Merkur, Zagreb, Allianz, Sunce, Kvarner Wiener St., Helios, Euroherc Life, and UNIQA (includes corresponding Graph/Chart)
Table 272: Top-Five Players in the Croatian Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Grawe Hrvatska, Zagreb, Croatia, Merkur, and Allianz Zagreb (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 273: Top-Five Players in the Croatian Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Croatia, Euroherc, Jadransko, Allianz Zagreb, and Triglav (includes corresponding Graph/Chart)

4e. Cyprus

Life Insurance Sector
Table 274: Cyprian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Laiki Cyprialife, Eurolife, Universal Life, America Life, Interlife, Liberty Life, Alhpa, Minerva, Aspis Pronia, and Ethniki (includes corresponding Graph/Chart)
Table 275: Top-Five Players in the Life Insurance Industry of Cyprus (2002) - Gross Written Premium in US$ Million for Eurolife, Laiki Cyprialife, Universal Life, America Life, and Interlife (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 276: Cyprian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Laiki, General Insurance of Cyprus, Lloyd' s Underwriters, Pancyprian, Atlantic, Minerva, American Home, Commercial Union Cosmos, and Universal Life (includes corresponding Graph/Chart)
Table 277: Top-Five Players in the Non-Life Insurance Industry of Cyprus (2002) - Gross Written Premium in US$ Million for Laiki, General Insurance of Cyprus, Minerva, Pancyprian, and American Home (includes corresponding Graph/Chart)

4f. Finland

Market Overview
Table 278: Finnish Insurance Industry (2005): Per Capita Premium in US$ by Category - Life and Non-Life
Financial Services Convergence Takes Wings
Competitiveness Reaches New Heights
Forming Alliances: Order of the Day
Life Insurance Sector
Table 279: Finnish Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Nordea, OP-Henkivakuutus, Henki-Sampo, Henki-Suomi, Suomi-yhtio, Kaleva, Henki-Tapiola, Henki- Veritas, Henki-Fennia, and Yritysten Henki-Tapiola (includes corresponding Graph/Chart)
Table 280: Top-Five Players in the Life Insurance Industry of Finland (2002) - Gross Written Premium in US$ Million for Nordea, Henki-Sampo, Aurum, Henki-Suomi, and Suomi-yhtio (includes corresponding Graph/Chart)
A Recent Past Review
Table 281: Life Insurance Industry in Finland (1999 & 2000): Insurance Premium Written in FIM Billion by Scheme Type for Individual, Unit-Linked, and Group (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 282: Finnish Non-Life Insurance Market (2004): Percentage Breakdown of Gross Written Premiums by Category - Credit and Suretyship, Domestic Reinsurance, Foreign Reinsurance, General Liability, Legal Expenses, Marine, Aviation and Transport, Motor Liability, Personal Accident and Health, Workers Compensation, and Other Direct Business (includes corresponding Graph/Chart)
Table 283: Finnish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for If Vahinkovakuutus, Vahinko-Pohjola, Vahinko-Tapiola, Fennia, Mutual Insurance Associations, Lahivakuutus, A-Vakuutus, Pohjantahti, Turva, and Vahinko-Veritas (includes corresponding Graph/Chart)
Table 284: Top-Five Players in the Non-Life Insurance Industry of Finland (2002) - Gross Written Premium in US$ Million for If Vahinkovakuutus, Vahinko-Pohjola, Vahinko-Tapiola, If Teollisuusvakuutus, and Fennia (includes corresponding Graph/Chart)

4g. Georgia

A Historical Perspective
Year 2000 - Signs of Resurgence
Participation of Foreign Companies in Georgian Insurance Market during 2000
Insurance Industry Reforms
Insurance Industry Progresses
The Insurance State Supervision Service

4h. Greece

Market Overview
Table 285: Insurance Industry in Greece (1993-2002): Number of Insurance Companies by Insurance Class for General Insurance, Life Insurance, and Composite (includes corresponding Graph/Chart)
Market Share of Top Companies
Table 286: Insurance Industry in Greece (1998-2002): Percentage Market Share of Top 5, 10, and 20 Companies by Life and Non-Life Sectors (includes corresponding Graph/Chart)
Life Insurance Sector
Table 287: Greek Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Ethniki, Interamerican Life, Alico AIG Life, ING Life, Agrotiki, Aspis Pronia General, Allianz Life, Phoenix Metrolife Emporiki, EFG Life, and Alpha Ins (includes corresponding Graph/Chart)
Table 288: Top-Five Players in the Life Insurance Industry of Greece (2002) - Gross Written Premium in US$ Million for Interamerican Life, Ethniki, ING Life, Alico AIG Life, and Aspis Pronia General (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 289: Greek Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Ethniki, Phoenix Metrolife Emporiki, Agrotiki Interamerican, Property, Alpha, Allianz, Commercial Value, Intersalonika, International Union, and Egnatia (includes corresponding Graph/Chart)
Table 290: Top-Five Players in the Non-Life Insurance Industry of Greece (2002) - Gross Written Premium in US$ Million for Ethniki, Phoenix Metrolife Emporiki, Agrotiki, Interamerican Property, and ALPHA (includes corresponding Graph/Chart)
A Peek into Recent Past Market Numbers
Table 291: Greek Insurance Industry (1993-2002): Direct Premium in Million Euro by Insurance Class for Life and Non-Life (includes corresponding Graph/Chart)
Table 292: Greek Insurance Industry (2001): Direct Premium of Non-Life Insurance by Line in Greek Drachmas Million (includes corresponding Graph/Chart)
Table 293: Greek Insurance Industry (2001): Direct Premium of Life Insurance by Line in Greek Drachmas Million (includes corresponding Graph/Chart)

4i. Hungary

Market Overview
Retaining Agents a Herculean Task
Life Insurance Sector
Table 294: Top-Five Players in the Hungarian Life Insurance Industry (2003) - Gross Written Premium in US$ Million for ING, AB Aegon, OTP-Garancia, Generali Providencia, and Allianz (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 295: Hungarian Non-Life Insurance Industry (2006): Percentage Breakdown of Premiums by Segment - Accident, Financial Losses, Fire & Elemental Risks, General Liability, Health, MAT, Motor Own Damage, MTPL, and Others (includes corresponding Graph/Chart)
Major Players
Table 296: Top-Five Players in the Hungarian Non-Life Insurance Industry (2003) - Gross Written Premium in US$ Million for Allianz, Generali Providencia, OTP-Garancia, AB Aegon, and UNIQA (AXA) (includes corresponding Graph/Chart)
A Recent Past Market Scenario
Life Insurance Witnesses Upswing
Table 297: Life Insurance Industry in Hungary (2000): Leading Players by Earned Premium in HUF Billions (includes corresponding Graph/Chart)
Group Life Insurance Schemes Fuel Growth
Hungarian Government Probes Insurance Companies

4j. Iceland

Life Insurance Sector
Table 298: Life Insurance Industry in Iceland (2003): Gross Written Premium in US$ Million by Leading Companies for Sjova-Almennar, Althjoda, LIFIS, and Liftryggingamidsrodin (includes corresponding Graph/Chart)
Table 299: Leading Players in the Life Insurance Industry of Iceland (2002) - Gross Written Premium in US$ Million for Sameinada, Althjoda, and LIFIS (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 300: Non-Life Insurance Industry in Iceland (2002): Gross Written Premium in US$ Million by Leading Companies for Sjova-Almennar, Vidlagatr Islands, Tryggingamidstodin, VIS hf., Islands-Trygginh, Vordur, and Althjoda (includes corresponding Graph/Chart)

4k. Ireland

Market Overview
Table 301: Irish Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in Euro Billion for the Years 2005 through 2010 (includes corresponding Graph/Chart)
Table 302: Irish 6-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2005, 2008, and 2010 (includes corresponding Graph/Chart)
Table 303: Insurance Industry in Ireland (2006): Per Capita Premium in US$ by Category - Life and Non-Life
Regulatory Environment
Potential Problems
Personal Retirement Savings Accounts (PRSAs)
Understanding PRSA
Limitations on Charges
Restrictions on Investment
PRSA Providers
Regulation of PRSA
Suitable for Investment Managers
Life Insurers Caught in a Tight Spot
Distribution of PRSA
Encouraging Lapses
With-Profits Funds Deployment by Life Insurers
Outlook
Life Insurance Industry
Table 304: Irish Life Assurance Market (2006 & 2007): Percentage Breakdown of Gross Premium Income by Policy Type - Individual Assurances and Annuities, Pension Scheme Business, Self-Employed Pensions & Associated Business (Including PRSAs), Permanent Health Insurance (PHI), and Industrial Branch (IB) Business (includes corresponding Graph/Chart)
Table 305: Irish Life Assurance Market (2006 & 2007): Percentage Breakdown of Benefits and Claims Paid by Policy Type (includes corresponding Graph/Chart)
Table 306: Irish Life and Pension Insurance Market: Gross Premiums US$ Billion for the Years 2001 through 2005 (includes corresponding Graph/Chart)
Table 307: Irish Life Assurance Market (2005): Percentage Breakdown of Gross Premium Income by Policy Type - Individual Assurances and Annuities, Industrial Branch Business, Permanent Health Insurance, Pension Scheme Business, and Self-Employed Pensions & Associated Business (includes corresponding Graph/Chart)
Table 308: Irish Life Assurance Market (2005): Percentage Breakdown of Benefits and Claims Paid by Policy Type - Critical Illness, Individual Assurances and Annuities, Industrial Branch Business, Permanent Health Insurance, Pension Scheme Business, and Self-Employed Pensions & Associated Business (includes corresponding Graph/Chart)
Table 309: Irish Life Assurance Market (2005): Percentage Breakdown of Distribution Channel for Annual and Single Premium Generation by Segment - Agents, Brokers, Direct, Employee & Company Representatives, and Tied Agents (includes corresponding Graph/Chart)
Leading Players
Table 310: Leading Players in Irish Life Insurance Market (2006 & 2007): Percentage Market Share of Gross Premium Income by Company - BoI Life (Bank of Ireland Life - Includes New Ireland Assurances), Irish Life, Hibernian Life Holdings Ltd. (Includes Ark Life), Eagle Star Life, Friends First Life and Others (includes corresponding Graph/Chart)
Table 311: Leading Players in Irish Pensions Market (2006 & 2007): Percentage Market Share of Gross Premium Income by Company - Irish Life, BoI Life (Bank of Ireland Life - Includes New Ireland Assurances), Hibernian Life Holdings Ltd. (Includes Ark Life), Eagle Star Life, Standard Life, Friends First Life, Canada Life and Others (includes corresponding Graph/Chart)
Table 312: Leading Players in Irish Life Insurance and Pensions Market (2006 & 2007): Percentage Breakdown of Total Market Share (Life and Pension Businesses) of Gross Premium Income by Company - BoI Life (Bank of Ireland Life - Includes New Ireland Assurances), Irish Life, Hibernian Life Holdings Ltd. (Includes Ark Life), Eagle Star Life, Friends First Life, and Others (includes corresponding Graph/Chart)
Table 313: Irish Life Assurance Market (2005): Gross Premium Income for Life and Pension Business by Company - Ark Life, BoI Life, Canada Life, Eagle Star Life, Friends First Life, Hibernian Life, Irish Life, Standard Life, Royal Liver, and Others (includes corresponding Graph/Chart)
Table 314: Irish Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Irish Life, New Ireland, Ark, Hibernian Life & Pens, Eagle Star Life, Standard Life, Canada Life Ass. (Irl), Friends ' First Life Ass., Friends First Man. Pen, and Anglo Irish Assurance (includes corresponding Graph/Chart)
Table 315: Top-Five Players in the Life Insurance Industry of Ireland (2002) - Gross Written Premium in US$ Million for Irish Life, New Ireland, Ark, Hibernian Life & Pensions, and Standard Life (includes corresponding Graph/Chart)
Non-Life Insurance Industry
Table 316: Irish Non-Life Insurance Market (2005): Percentage Breakdown of Gross Written Premiums by Category - Liability, Motor, PA/Travel, Property, and Other Business (includes corresponding Graph/Chart)
Leading Players
Table 317: Leading Players in Irish Motor Insurance Market (2006 & 2007): Percentage Breakdown of Premiums by Company - Hibernian, Quinn-Direct, AXA, FBD, Eagle Star, Allianz and Others (includes corresponding Graph/Chart)
Table 318: Leading Players in Irish Property Insurance Market (2006 & 2007): Percentage Breakdown of Premiums by Company - Hibernian, Royal & Sun Alliance, Allianz, Eagle Star, AXA and Others (includes corresponding Graph/Chart)
Table 319: Irish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Hibernian General, AXA, Royal & SunAlliance, Eagle Star Ireland, Allianz Ireland, FBD, Allianz Corporate Ireland, Quinn-Direct, AIG Europe, and Irish Public Bodies (includes corresponding Graph/Chart)
Table 320: Top-Five Players in the Non-Life Insurance Industry of Ireland (2002) - Gross Written Premium in US$ Million for Hibernian, AXA, Royal & SunAlliance, Eagle Star Ireland, and Allianz Ireland (includes corresponding Graph/Chart)
Captive Market in Ireland: A Recent Past Perspective
Table 321: Captive Market in Ireland (1999 & 2000): Captive Managers in Dublin by Premium Volume in US$ Million
The Cry for PCC (Protected Cell Companies)
Traditional and Non-Traditional Programs
Changing Regulations

4l. Latvia

Life Insurance Sector
Table 322: Latvian Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Ergo Latvija Dziviba, Balta Dziviba, Seesam Life, Latvia, Sampo Dziviba, and Baltikums Dziviba (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 323: Latvian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Balta, BTA, Balva, Ergo Latvija, Parekss, Baltikums, If Latvia, Rigas Slimokase, Baltijas Apdrosinasanas Nams, and Seesam Latvia (includes corresponding Graph/Chart)

4m. Lithuania

Table 324: Lithuanian Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in US$ Million for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 325: Lithuanian 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Life Insurance Sector
Table 326: Lithuanian Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Hansa Gyvybes Draudimas, ERGO Lietuvus Gyvybes Draudimus, VB Gyvybes Draudimas, Commercial Union, Sampo Gyvybes Draudimas, Lietuvos Draudimas, Bonum Publicum, Seesam Lietuva Gyvybes Draudimas, PZU Lietuva Gyvybes Draudimas, and Lindra - Gyvybes Draudimas (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 327: Lithuanian Non-Life Insurance Market (2006 & 2007): Percentage Market Share of Premiums by Category - Motor, Property, PA & Health, Liability, Surety, Bonds & Credit, and Marine, Aviation & Transit (includes corresponding Graph/Chart)
Table 328: Lithuanian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Lietuvos Draudimas, ERGO Lietuva, Lindra, IF Draudimas, NORD/LB Draudimas, Baltikums Draudimas, Baltik Garant, BTA Draudimas, Snoro Garantas, and Baltijos Garantas (includes corresponding Graph/Chart)
Compulsory Auto Insurance
Table 329: Lithuanian Compulsory Auto Insurance Market (2005): Percentage Share Breakdown of Premiums Written by Leading Players for Lietuvos Draudimas, PZU Lietuva, Baltikums Draudimas, BTA Draudimas, Ergo Lietuva, Reso Europa, IF Draudimas, Baltic Polis and Others (includes corresponding Graph/Chart)

4n. Luxembourg

Life Insurance Sector
Table 330: Top-Five Players in the Life Insurance Industry of Luxembourg (2002) - Gross Written Premium in US$ Million for Swisslife, La Luxembourgeoise-Vie, Le Foyer-Vie, Fortis Luxembourg Vie, and AGF Life Luxembourg (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 331: Top-Five Players in the Non-Life Insurance Industry of Luxembourg (2001) - Gross Written Premium in US$ Million for Le Foyer Assurances, La Luxembourgeoise, AXA, Zurich, and Baloise (includes corresponding Graph/Chart)

4o. Malta

4p. Norway

Environmental Responsibilities of Insurance Firms
Life Insurance Industry
Table 332: Norwegian Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Vital, Storebrand, KLP, Nordea, Sparebank Liv, Gjensidige NOR Forsikring, Vesta Forsikring, Danica Pensjon, Handelsbanken Liv, and Danica Fonds forsikring (includes corresponding Graph/Chart)
Table 333: Top-Five Players in the Life Insurance Industry of Norway (2001) - Gross Written premium in US$ Million for KLP, Storebrand, Vital, Gjensidige NOR Spare, and Sparebank(includes corresponding Graph/Chart)
Non-Life Insurance Industry
Table 334: Norwegian Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for If Skadeforsikring, Gjensidige NOR, Vesta, Sparebank 1 Skadeforsikring, Terra Skadeforsikring, KLP Skadeforsikring, Jernbanepersonalets Forsikring, AIG Europe, Zurich Forsikring, and Vital (includes corresponding Graph/Chart)
Table 335: Top-Five Players in the Non-Life Insurance Industry of Norway (2001) - Gross Written Premium in US$ Million for if Skadeforsikring, Gjensidige NOR, Vesta, Sparebank, and Terra (includes corresponding Graph/Chart)
Marine Insurance Industry
Important Facts
Market Initiatives - 2000

4q. Poland

Life Insurance Sector
Table 336: Polish Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for PZU Zycie, Commercial Union, Amplico Life, ING Nationale Nederlanden, Warta Vita, Allianz Polska, Prumerica, Nationwide, Europa, and Cardif Polska (includes corresponding Graph/Chart)
Table 337: Top-Five Players in Polish Life Insurance Industry (2002) - Gross Written Premium in US$ Million for PZU Zycie, Commercial Union, Amplico Life, ING Nationale Nederlanden, and Warta Vita (includes corresponding Graph/Chart)
Polish Pension Market
Compulsory Pension (Contributory)
Safety Net Pension (Non-Contributory)
Occupational Pensions (Voluntary)
Personal Pension and Other Retirement Savings (Voluntary)
Non-Life Insurance Sector
Table 338: Polish Non-Life Insurance Industry (2005): Percentage Breakdown of Premium by Segment - Accident, Health, Liability (excluding Motor & MAT), MOD, MTPL, Property (excluding Motor), Legal & Financial Risks, and Others (includes corresponding Graph/Chart)
Table 339: Polish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for PZU, Warta, Ergo Hestia, Allianz Polska, Samopomic, Uniqa, Tryg Polska, CIGNA STU, PTU, and Filar (includes corresponding Graph/Chart)

4r. Portugal

Portuguese Insurance Industry - Current Market Trends
Life Insurance Sector
Life Products and Retirement Savings Drive the Portuguese Insurance Sector
Table 340: Portuguese Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Occidental Vida, Fidelidade Vida, Tranquilidade Vida, BPI Vida, Totta Seguros, Acoreana, AXA VidaImperio Bonanca, Real Vida, and Eurovida (includes corresponding Graph/Chart)
Table 341: Top-Five Players in the Life Insurance Industry of Portugal (2002) - Gross Written Premium in US$ Million for Occidental Vida, Fidelidade Vida, Tranquilidade Vida, Totta Seguros, and BPI Vida (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 342: Portuguese Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Fidelidade-Mundial, Imperio Bonanca, Axa Portugal Seguros, Tranquilidade, Allianz Portugal, Zurich, ICI, Acoreana, Ocidental Seguros, and Lusitania (includes corresponding Graph/Chart)
Table 343: Top-Five Players in the Non-Life Insurance Industry of Portugal (2002) - Gross Written Premium in US$ Million for Fidelidade Mundial, Imperio Bonanca, AXA Portugal Seguros, Tranquilidade, and Allianz Portugal (includes corresponding Graph/Chart)

4s. Romania

Market Overview
Awareness Among Public Revitalizes the Market
Foreign Banks Queuing Up
Domenia Credit
Challenges Facing Mortgage Sector
Key Players
Life Insurance Industry
Table 344: Romanian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for ING Life, Asirom, Omniasig Viata, AIG Life, Asiban, Aviva, Allianz-TiriacLukoil Asito, Interamerican, and Unita (includes corresponding Graph/Chart)
Table 345: Top-Five Players in the Romanian Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Allianz-Tiriac, Asirom, Omniasig, Astra, and Ardaf (includes corresponding Graph/Chart)
Non-Life Insurance Industry
Table 346: Romanian Non-Life Insurance Industry (2003): Direct Written Premium in US$ Million by Leading Companies for Allianz-Tiriac, Asirom, Omniasig, Astra, Asiban, Unita, Ardaf, Generali, BCR Asigurari, and AIG Romania (includes corresponding Graph/Chart)
Table 347: Top-Five Players in the Romanian Life Insurance Industry (2002) - Gross Written Premium in US$ Million for ING Nederlanden, Asirom, AIG Life, Aviva, and Omniasig Viata (includes corresponding Graph/Chart)
Health Care Sector
Health Care Delivery
Family Planning Sector
Ambulatory Secondary Care Segment
Health Care Market - A Historic Review
Transformation of Health Care System
Primary Health Care Services

4t. Serbia and Montenegro

Life Insurance Sector
Table 348: Life Insurance Industry of Serbia and Montenegro (2003): Gross Written Premium in US$ Million by Leading Companies for SERBIA, Zepter, Grawe, Dunav, DDOR Novi Sad, and Delta (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 349: Non-Life Insurance Industry of Serbia and Montenegro (2003): Gross Written Premium in US$ Million by Leading Companies for Dunav, DDOR Novi Sad, Imperial, Delta, Evropa, AMS, Ekos, SIM, Takovo, and Kopaonik (includes corresponding Graph/Chart)

4u. Slovakia

Market Overview
Key Trends and Issues
Consolidation and Liberalization Mark the Market
Low Level of Insurance Penetration
Rise in Illegal Transactions
Legislative Reforms - Set to Alter the Market
Key Changes
Amendments to Insurance Act
The New Millennium Market Highlights
The Environment
Brimming with Insurance Companies
Table 350: Insurance Industry in Slovakia (1999 & 2000): Premiums Written by Type of Insurance (In %) (includes corresponding Graph/Chart)
Table 351: Insurance Industry in Slovakia (1999-2001): Growth in Insurance Market (In %) (includes corresponding Graph/Chart)
Leading Players
Slovenska Poistovna, A.S.
Kooperativa Poistovna, AS
Allianz Poistovna, AS
Foreign Companies - Highly Active
Review of Sectors
Life Insurance
Table 352: Top-Five Players in the Slovakian Life Insurance Industry (2003) - Gross Written Premium in US$ Million for Allianz poistovna, Amslico AIG Life, Kooperativa poistovna, Nationale Nederlanden, and Kontinuita poistovna (includes corresponding Graph/Chart)
A Recent Past Perspective of the Sector
Table 353: Insurance Industry in Slovakia (1999-2001): Life Insurance Premium in SKK Billion and Market Share in % (includes corresponding Graph/Chart)
Table 354: Insurance Industry in Slovakia (1999-2001): Per Capita Premium for Life Insurance in US$ (includes corresponding Graph/Chart)
Table 355: Insurance Industry in Slovakia (1999-2001): Life Premium Written in US$ Million and as Percentage of GDP (includes corresponding Graph/Chart)
Major Players
Amslico AIG Life
ING Nationale-Nederlanden Poistovna
Table 356: Insurance Industry in Slovakia (2001): Leading Life Insurers by Written Premium in US$ Million (includes corresponding Graph/Chart)
Non-Life Insurance
Table 357: Top-Five Players in the Slovakian Non-Life Insurance Industry (2003) - Gross Written Premium in US$ Million for Allianz poistovna, Kooperativa poistovna, Ceska poistovna, UNIQA poistovna, and Generali poistovna (includes corresponding Graph/Chart)
A Recent Past Perspective of the Sector
Table 358: Insurance Industry in Slovakia (1999-2001): Non-Life Premiums in SKK Billion and % Share (includes corresponding Graph/Chart)
Table 359: Insurance Industry in Slovakia (1999 &2000): Non-Life Premium in US$ Million by Type of Insurance (includes corresponding Graph/Chart)
Table 360: Insurance Industry in Slovakia (2001): Leading Non-Life Insurers by Premium Written in US$ Million (includes corresponding Graph/Chart)
Motor Third-Party Liability (MTPL) Leads the Segment
Personal Accident Insurance
Social Insurance

4v. Slovenia

Industry Overview
Market Leaders
Table 361: Slovenian Insurance Market (2004): Percentage Share Breakdown of Leading Players by Written Premiums for Triglav, Health Insurance Mutual, Maribor, Adriatic, Pension Fund Management (PFM), Slovenica, Tilia, Merkur, Generali, Grawe and Others (includes corresponding Graph/Chart)
Life Insurance Sector
Table 362: Slovenian Life Insurance Industry (2004): Gross Written Premium in US$ Million by Leading Companies for Triglav, Pension Fund Management (PFM), Maribor, Merkur, NLB Vita, Grawe, Slovenica, Generali, Adriatic, and Fund for Craftsmen and Entrepreneurs (FCE) (includes corresponding Graph/Chart)
Table 363: Slovenian Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Triglav, Maribor, Pension Fund Management, Merkur, Grawe, Slovenica, Generali SKB, NLB VITA, Adriatic, and Fund for Craftsman and Entrepreneurs (includes corresponding Graph/Chart)
Table 364: Top-Five Players in the Life Insurance Industry of Slovenia (2002) - Gross Written Premium in US$ Million for Triglav, Maribor, Merkur, Grawe, and Adriatic (includes corresponding Graph/Chart)
Life Insurance by Type
Table 365: Slovenian Life Insurance Market (2004): Percentage Share Breakdown by Insurance Type for Death and Endowment-Mixed Insurance, Life Under ZPIZ-1, Life Under ZZavar, Additional Insurance, Annuity and Others (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 366: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown by Insurance Type for Liability, Health, Property, Casco, Accident, Credit and Others (includes corresponding Graph/Chart)
Liability Insurance
Table 367: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Liability Insurance by Insurance Type for Land Motor Vehicles Liability, General Liability and Others (includes corresponding Graph/Chart)
Property Insurance
Table 368: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Property Insurance by Insurance Type for Fire, Machinery Breakdown, Household, Livestock, Crops & Fruit, Theft, Computers, Building and Others (includes corresponding Graph/Chart)
Casco Insurance
Table 369: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Casco Insurance by Insurance Type for Land Motor Vehicles, Aircraft, Railway Rolling Stock and Ships (includes corresponding Graph/Chart)
Accident Insurance
Table 370: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Accident Insurance by Insurance Type for Personal Insurance at Work & Outside, Driver & Car Owner Acc Insurance, Insurance for Passengers in Motor Vehicles, Children & School Children Accident Insuranc ze and Others (includes corresponding Graph/Chart)
Suretyship Insurance & Miscellaneous Financial Loss Insurance
Table 371: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Suretyship Insurance & Miscellaneous Financial Loss Insurance by Insurance Type for Loss-of-Profits Fire, Deposits, MB Loss-of-Profits, Cancellation of Tourist Trips, Shows & Events and Others(includes corresponding Graph/Chart)
Legal Expenses and Tourist Assistance Insurance
Table 372: Slovenian Non-Life Insurance Market (2004): Percentage Share Breakdown of Legal Expenses and Tourist Assistance Insurance by Insurance Type for Automobile Assistance, Legal Expenses, Medical Assistance and Others (includes corresponding Graph/Chart)
Non-Life: Market Leaders
Table 373: Top-Five Players in the Non-Life Insurance Market of Slovenia (2002) - Gross Written Premium in US$ Million for Triglav, Health Insurance Mutual, Maribor, Adriatic, and Slovenica (includes corresponding Graph/Chart)
The Reinsurance Sector
Table 374: Slovenian Reinsurance Market (2000-2003): Premium and Claims in SIT Million and Claims Ratio in Percentage for Life and Non-Life Reinsurance (includes corresponding Graph/Chart)

4w. Sweden

Industry Overview
Table 375: Swedish Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in SEK Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 376: Swedish 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 377: Leading Players in the Swedish Insurance Market (2006 & 2007): Percentage Market Share of Total Assets by Company - Alecta, Skandia, SEB Trygg Liv, AMF Pension, LF Insurance Group and Others (includes corresponding Graph/Chart)
Insurers Enter Banking
Demographic Changes and the Pension System
Life Insurance Industry
Table 378: Swedish Life Insurance Market (2007 & 2008): Percentage Market Share of Premiums for Unit Linked and Other Life Insurance by Category - Occupational Pension, Endowment, Private Pension, Accident and Health, Group Life and Others (includes corresponding Graph/Chart)
Table 379: Swedish Insurance Market (2006 & 2007): Percentage Market Share of Assets of Life Insurance Companies by Category - Shares, Bonds, Real Estate and Others (includes corresponding Graph/Chart)
Table 380: Leading Players in Swedish Life Insurance Market (2006 & 2007): Percentage Market Share of Premiums for Unit Linked and Life Insurance by Company - Skandia, SEB, Folksam, Handelsbanken, AMF Pension, Swedbank Forsakr., Lansforsakringar and Others (includes corresponding Graph/Chart)
Life Insurance - A Past Perspective
Table 381: Swedish Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for Alecta, Skandia Liv, AMF Pension, SEB TL Fond, Skandia Link, SPP Liv, Robur Fors, Folksam Liv, LF Liv, and SHB Liv (includes corresponding Graph/Chart)
Table 382: Top-Five Players in the Swedish Life Insurance Industry (2002) - Gross Written Premium in US$ Million for Alecta, Skandia Liv, AMF Pension, Skandia Link, and SPP Liv (includes corresponding Graph/Chart)
Non-Life Insurance Industry
Table 383: Swedish Non-Life Insurance Market (2007 & 2008): Percentage Breakdown of Premium Income by Category - Business and Houseowner, Householder and Homeowner, Motor Vehicle, Motor Third Party, Accident and health and Others (includes corresponding Graph/Chart)
Table 384: Leading Players in the Swedish Non-Life Insurance Market (2006 & 2007): Percentage Market Share of Premium Income by Company - LF Insurance Group, If Skadeforsakring, Trygg-Hansa, Folksam, Dina and Others (includes corresponding Graph/Chart)
Table 385: Swedish Insurance Market (2006 & 2007): Percentage Market Share of Assets of Non-Life Insurance Companies by Category - Shares, Bonds, Real Estate and Others (includes corresponding Graph/Chart)
Non-Life Insurance - A Past Perspective
Table 386: Swedish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for IF Skade, AFA Sjuk, Trygg-Hansa, Folksam Sak, LF Sak, LF Stockholm, LF Skane, AGRIA, LF Goteborg, and SvKonsument includes corresponding Graph/Chart)
Table 387: Top-Five Players in the Swedish Non-Life Insurance Industry (2002) - Gross Written Premium in US$ Million for If Skade, Trygg Hansa, Folksam Sak, AFA Sjuk, and LF Sak (includes corresponding Graph/Chart)

4x. Switzerland

Table 388: Swiss Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life & Non-Life Markets Independently Analyzed with Annual Premium Income in CHF Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart)
Table 389: Swiss 5-Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Premium Income for Life and Non-Life Markets for 2006, 2008, and 2010 (includes corresponding Graph/Chart)
Table 390: Insurance Industry in Switzerland (2006): Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life
Market Highlights
Table 391: Swiss Insurance Market (2005): Premium Volumes in US$ Billion for Leading Swiss Private Insurers Worldwide (includes corresponding Graph/Chart)
Industry Overview
Outlook
Table 392: Swiss Insurance Market (2007 & 2008): Percentage Market Share of Premiums by Category - Life, Medical, Motor, Fire, Accident and Others (includes corresponding Graph/Chart)
Table 393: Swiss Insurance Market (2006 & 2007): Percentage Market Share of Gross Claims by Category - Life, Medical, Motor, Fire, Accident and Others (includes corresponding Graph/Chart)
Review of Sectors
Life Insurance
Table 394: Swiss Life Insurance Market (2006 & 2007): Percentage Market Share of Premiums by Segment - Occupational Pensions, Endowment Insurance, Unit- Linked Life Insurance and Annuity Insurance (includes corresponding Graph/Chart).
Table 395: Swiss Life Insurance Market (2005): Percentage Breakdown by Claims Paid by Segment - Annuity Insurance, Endowment Insurance, Occupational Pensions, and Unit-Linked Life Insurance (includes corresponding Graph/Chart)
Key Players
Table 396: Leading Players in the Swiss Group Life Market (2006 & 2007): Percentage Breakdown of Market Share by Company - Swiss Life, Winterthur/ AXA, ZFS, Baloise, Helvetia and Others (includes corresponding Graph/Chart)
Table 397: Leading Players in the Swiss Domestic Life Market (2006 & 2007): Percentage Breakdown of Market Share by Company - Swiss Life, AXA, Baloise, ZFS (Zurich Leben), Patria, and Others (includes corresponding Graph/Chart)
Table 398: Leading Players in the Swiss Non-Life Insurance Market (2002-2004): Percentage Breakdown of Market Value by Company for ZFS, Winterthur, Mobiliar, Allianz, Baloise and Others (includes corresponding Graph/Chart)
Non-Life Insurance
Table 399: Swiss Property & Casualty Insurance Market (2007 & 2008): Percentage Market Share of Premiums by Category - Motor & Liability Insurance, Medical Insurance, Fire & Property Insurance, Accident Insurance, and Others (includes corresponding Graph/Chart)
Table 400: Swiss Medical Insurance Market (2007 & 2008): Percentage Market Share of Premiums by Segment - Voluntary Individual Medical Insurance and Group Medical Insurance
Table 401: Swiss Fire and Property Insurance Market (2007 & 2008): Percentage Market Share of Premiums by Category - Fire Insurance, Natural Hazard Insurance and Other Property Insurance (includes corresponding Graph/Chart)
Table 402: Swiss Liability and Motor Insurance Market (2007 & 2008): Percentage Market Share of Premiums by Category - Motor Insurance (Motor Liability & Other Motor), Comprehensive General Liability, Ocean Marine, Aviation and Transport (includes corresponding Graph/Chart)
Key Players
Table 403: Leading Players in the Swiss Non-Life Insurance Market (2002-2004): Percentage Breakdown of Market Value by Company for ZFS, Winterthur, Mobiliar, Allianz, Baloise and others (includes corresponding Graph/Chart)

4y. Ukraine

Table 404: Insurance Industry in Ukraine (2005): Percentage Breakdown of Gross Written Premium by Category - Life, and Non-Life (includes corresponding Graph/Chart)
Life Insurance Sector
Table 405: Life Insurance Industry in Ukraine (2003): Gross Written Premium in US$ Million by Leading Companies for Grawe Ukraina, Alico AIG Life, TAS, Aska Zhittya, Ekko, Jupiter, Blakitniy Polis, Nadiya, Garant Life, and Universalnaya (includes corresponding Graph/Chart)
Table 406: Top-Five Players in the Life Insurance Market of Ukraine (2002) - Gross Written Premium in US$ Million for Grawe, TAS, Ekko, Jupiter, and Aska (includes corresponding Graph/Chart)
Non-Life Insurance Sector
Table 407: Non-Life Insurance Industry in Ukraine (2003): Gross Written Premium in US$ Million by Leading Companies for Lemma, Kremen, Zemskaya, Oranta, Credo-Classic, Etalon, Aura, Ostra-Kiev, Pozharno- Strakhovaya, and TAS (includes corresponding Graph/Chart)
Table 408: Top-Five Players in the Non-Life Insurance Industry of Ukraine (2002) - Gross Written Premium in US$ Million for Lemma, Oranta, Credo-Classic, Municipal, and Veksel (includes corresponding Graph/Chart)
Reinsurance Market

4z. Yugoslavia

5. Product/Service Launch

TrygVesta & Nordea Enters Finnish Insurance Market
Allianz Elementar Offers Savings Products

6. Product/Service Launches in Recent Past

Inora Life Introduces Dynamic Income Plus Fund Series 3
Skandia Insurance AB Launches Skandia Global Funds
Swiss Life Re-Introduces Critical Illness Products
Nationale-Nederlanden Launches New Program

7. Recent Industry Activity

Kardan Acquires Stake in Sigma Albania
Yugoriya Insurance Company Signs Deal with Ural Precision
Generali Receives Approval to Acquire PPF' s Insurance Business
TBIH Acquires Ukrainian Insurance Group
UkrSibbank to Acquire Stake in Vesko Insurance
Vienna Insurance Acquires Stake in Asirom
Unipol to Acquire Stake in ING Insurance
ING Divests Insurance Belgium
Storebrand to Acquire SPP
KBC to Acquire Stake in DZI Insurance
Wiener Staedtische Acquires Sigma
Sagicor Takes Over Gerling
Allianz Acquires ATF-Polis
Aviva Enters into Joint Venture with Bank Zachodni WBK
Zurich Beteiligungs to Acquire Real Garant
Vienna Acquires Majority Stake in Sigma
Zurich Acquires Wrightway Underwriting
Vienna Insurance Acquires Majority Stake in Asirom
Bank Austria Creditanstalt and UNION Versicherungs Merge
KBC Takes Over DZI Insurance
Uniqa Increases its Share in Vitosha
MFS Holdings Acquires Stake in Universal Life
Pohjola Group Merges with Parent Company
Alpha Bank Sells Alpha Insurance
Quinn to Take Over BUPA Ireland
Aviva Enters Motor Insurance Business
Aegon and Banca Transilvania to Establish New Pension Firm
Uniqa Signs an Agreement with Sigal
Zurich Enters Belgium and Italian Markets
Swiss Life to Acquire CapitalLeben
Zurich Enters into Collaboration
Unipol to Acquire Stake in ING Insurance
BRE Bank and AEGON to Unite Respective Pension Funds
Poland' s Ministry of Treasury to Merge PKO BP and PZU
Wiener Staedtische to Acquire Stake in Asirom
Ukraine Puts 25%+1 Share in Oranta for Sale
Generali Enters Bulgarian Insurance Market
ING to Commence Life Insurance Business in Bulgaria
AXA to Acquire Alpha Insurance
Euler Hermes to Enter Irish Market
Allianz and Axa Joins Race to Buy DDOR
Winterthur Sells Health Insurance Business
Fortis Enters Ukrainian Life Insurance Market
AXA to Take Over Winterthur
Zurich Insurance Ireland Expands in Europe
Swiss Re Snaps Up GE Insurance Solutions
BUPA to Withdraw From Ireland
Forties AG Merges with FB Verzekeringen to Form Fortis Insurance Belgium
Veritas Life Insurance Merges with Aktia Life Insurance
Willis Group to Take Over Link Forsikringsmegling
CableTel Enters into Partnership with Lev Ins
K+H Bank' s General and Life Insurance Units Merge to Form K+H Biztosito
Swiss Re Snaps up GE Insurance Solutions
Aon Jauch Acquires VMHWG
Schweizerische to Acquire Employers Reinsurance and GE Insurance Solutions
Wiener Staedtische Buys Majority Interest in Royal Polska
Ark Life and Hibernian in a Life Insurance Venture
Old Mutual Eyes Purchase of Skandia
Zurich Financial to Divest Universal Underwriters Group
BCP Completes Sale of Insurance Units
Volkswagen Enters Athens With the Establishment of Banking and Insurance Units (ROE)
Pohjola Group Reorganizes Non-Life Operations
Willis Group Agrees to Acquire Nicon
Storebrand Life Targets Swedish Pension Market
Vesta USK Acquires Garant-Pharm
Swiss Reinsurance Co. Acquires Valley Forge Life Insurance Co
Union Biztosito Proposes to Step into Travel Insurance Market

8. Strategic Corporate Developments in Recent Past

Hansabank Acquires LDGD
White Mountains Acquires Sirius International
Universal American Buys Marketing Business of GRLIC
Bank One Corp. Acquires Zurich Life
XL Capital and Five European Insurers form Joint Venture for Terrorism Coverage
Special Risk Insurance and Reinsurance Luxembourg Commences Operations
Credit Suisse Divests 3.5% Stake in Swiss Reinsurance
ING Re Leaves Cat Market
Skandia Restructures Business Operations
Alea Group Purchases Seven Hills Insurance
Swiss Buys Research Operations of Conning
Eureko Purchases Foreign and Colonial Management Ltd.
Bancassurer KBC Expands Operations in Central Europe
ABG and Sanpaolo Establish New Bancassurance Venture
CGNU Acquires ABN Amro Magyar Elet es Nyugdijbiztosito Reszvenytarsasag
Credit Suisse First Boston Acquires CGU
ABG and Sanpaolo IMI Establish New Bancassurance Venture
Zurich Launches New Reinsurance Company
Copenhagen Reinsurance Sets Up Office in Spain
Societe Generale Creates Inora Life
Prudential Divests General Insurance Business to Winterthur

9. Focus on Select Players

Aegon AB, Hungary
Bulstrad DSK Life, Bulgaria
Converium Group, Switzerland
Fennia Group, Finland
Generali-Providencia, Hungary
Irish Life Assurance PLC, Ireland
Nordea Group, Finland
Sampo Insurance Co., Finland
Skandia Insurance Company Ltd, Sweden
Swiss Reinsurance, Switzerland - Leading P&C Insurer in the World
Tapiola, Finland
Zurich Financial Services, Switzerland

EUROPEAN NICHE INSURANCE MARKETS THE NETHERLANDS

Table 409: Insurance Industry in The Netherlands (2005): Premium Income in US$ Billion, Per Capita Premium in US$, and Penetration of Insurance by Category - Life and Non-Life

1. Review of the Sectors

1a. Life Insurance - Growing Significantly

Life Insurance Distribution System - An Overview
Market Leaders
Table 410: Life Insurance Industry in The Netherlands (2004): Percentage Market Share by Leading Companies - ABN Amro, Achmea, Aegon, Axa, Delta Lloyd, Fortis, ING, Rabobank, Swiss Life, SNS, and Others (includes corresponding Graph/Chart)
Table 411: Life Insurance Industry in The Netherlands (2002): Gross Written Premium in US$ Billion by Leading Companies for Nationale Nederlanden Leven, AEGON Leven, Interpolis BTL, Delta Lloyd Leven, Achmea Pensioen- en Leven, AMEV Leven, Hooge Huys Leven, Zwitserleven, Stad Rotterdam Leven, and ABN Amro Leven (includes corresponding Graph/Chart)
Table 412: Top-Five Players in the Dutch Life Insurance Industry (2001) - Gross Written Premium in US$ Million for Nationale-Nederlanden Leven, AEGON Leven, Interpolis BTL, Achmea Pensioen, and Delta Lloyd Leven (includes corresponding Graph/Chart)

1b. Non-Life Insurance

Table 413: Dutch Non-Life Insurance Market (2005): Percentage Breakdown by Category - Accident & Health, Fire & Property, Motor Vehicle, Transport, and Others (includes corresponding Graph/Chart)
Table 414: Dutch Accident & Health Insurance Market (2005): Percentage Breakdown of Gross Premium by Category - Disability Insurance, Private Medical Expense Insurance, Sickness Leave, Additional Coverage to PMEI, and Work Related Accident Insurance (includes corresponding Graph/Chart)
Table 415: Accident & Health Insurance Market in The Netherlands (2005): Percentage Market Share of Leading Players - Aegon, Allianz, Aviva, Eureko, Fortis, ING, Menzis, SNS Reaal, and Others (includes corresponding Graph/Chart)
Table 416: Dutch Fire and Other Property Risks Insurance Market (2005): Percentage Breakdown by Leading Players - Aegon, Allianz, Aviva, Eureko, Fortis, Generali, ING, SNS Reaal, and Others (includes corresponding Graph/Chart)
Table 417: Dutch Motor Vehicle Insurance Market (2005): Percentage Breakdown by Leading Players - Aegon, Allianz, Aviva, Eureko, Fortis, ING, SNS Reaal, Unive Schade, and Others (includes corresponding Graph/Chart)
Table 418: Dutch Transport Insurance Market (2005): Percentage Breakdown by Leading Players - Aegon, Allianz, Aviva, Eureko, Fortis, ING, SNS Reaal, Tegen Zeegevaar, Unive Schade, and Others (includes corresponding Graph/Chart)
Table 419: Dutch Disability, Sick Leave, and Work Related Accident (DSLWRA) Insurance Market (2005): Percentage Breakdown by Leading Players - Aegon, Eureko, Fortis, ING, and Others (includes corresponding Graph/Chart
Table 420: Non-Life Insurance Industry in The Netherlands (2002): Gross Written Premium in US$ Billion by Leading Companies for Achmea Zorg, Achmea, Nationale- Nederlanden, Interpolis, and VGZ Zorgverzekeraar (includes corresponding Graph/Chart)
Table 421: Top-Five Players in the Dutch Non-Life Insurance Market (2001) - Gross Written Premium in US$ Million for Nationale-Nederlanden, Achmea, Achmea Zorg, Interpolis, and Delta Lloyd (includes corresponding Graph/Chart)

1c. Health/Disability Insurance

Occupational Disability Insurance Sector
ING Leads the Race

2. Product Launch

Agis Launches Health Insurance Policies for Gays and Lesbians

3. Recent Industry Activity

SNS REAAL Acquires AXA' s Dutch Insurance Operations
Aegon Enters into Agreement with Merrill Lynch
Aegon to Acquire Optas
Hiscox Buys Eriks Assuradeuren' s Renewal Rights
Delta Lloyd to Sell Health Insurance Business
Aviva Divests Stake in Ennia Caribe
Proposed Merger of Dutch Health Insurance Firms Stands Cancelled
ING to sell National Borg
ING and Astron Enter into Outsourcing Agreement
Three Aviva Dutch Subsidiaries Plan to Merge Health Insurance Units
Fortis to Acquire BCP Life Insurance Business
Aon Nederland to Acquire Assurantie Advies
Aegon NV to Acquire Nationwide Towarzystwo Ubezpieczen na Zycie SA
ING Chile Divests Subsidiary
Eureko' s Achmea Merges with Rabobank' s Interpolis

4. Strategic Corporate Developments in Past

Aegon Acquires Advisory & Brokerage Services
Coface Gains Gerling' s Dutch and Danish Credit Operations

5. Focus on Key Player in The Netherlands

ING Group NV - A Leading Global Life Insurer
SPAIN

1. Spanish Insurance Industry: An Overview

Table 422: Spanish Insurance Industry (2005): Per Capita Premium in US$ by Category - Life and Non-Life
Table 423: Spanish Insurance Industry (2004): Percentage Breakdown of Premiums by Category - Life (Individual and Group) and Non-Life (Accident, Assistance, Burial Expenses, Civil Liability, Credit & Surety, Fire, Health, Legal Expenses, Motor, Multi-Peril, Pecuniary Losses, Transport, and Other Damage to Assets) (includes corresponding Graph/Chart)
Table 424: Leading Players in Spanish Insurance Market (2004): Premium in € Million by Company -Allianz, Aviva, Axa, BBVA Seguros, Caifor, Caser, Catalana Occidente, Generali, Mapfre, and Zurich (includes corresponding Graph/Chart)
Table 425: Spanish Insurance Industry (2004): Premiums in € Million for Death Insurance, Insured Pension Plans, Retirement Insurance, and Other Savings Insurance (includes corresponding Graph/Chart)

2. Review of Sectors

2a. Life Insurance

Life and Pensions Sector - Growing Robustly
Growth Barriers
Changes in Spanish Tax Code
Market Leaders
Table 426: Leading Players in Spanish Life Insurance Market (2004): Premium in € Million by Company -Allianz, Ascat Vida, Aviva, BBVA, Bansabadell Vida, Banesto Grupos, Caifor, Generali, Ibercaja, and Mapfre (includes corresponding Graph/Chart)
Table 427: Spanish Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for Mapfre Vida, Vida Caixa, BBVA Seguros, Aseval, Bansabadell Vida, Ibercaja, Ascat-Vida, Vitalicio Seguros, Estrella Seguros, and Mediterraneo Vida (includes corresponding Graphs/Chart)

2b. The Pension Sector

Compulsory Pension (Contributory)
Safety Net Pension (Non-Contributory State Pension)
Occupational Pensions (Voluntary)
Personal Pensions and Other Retirement Savings (Voluntary)

2c. Non-Life Insurance Market

Market Offers Niche Opportunities
Liability
Leisure Industry
Environment Liability
Professional Indemnity Market
Health Tourism
Financial Sector
Property
Marine
Table 428: Leading Players in Spanish Non-Life Insurance Market (2004): Premium in € Million by Company -Adeslas, Allianz, Axa, Caser, Catalana Occidente, Generali, Mapfre, Mutua Madrilena, Winterthur, and Zurich (includes corresponding Graph/Chart)
Table 429: Spanish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Billion by Leading Companies for MAPFRE Mutualidad, Allianz, AXA Aurora Iberica, Zurich Espana, Winterthur, Mutua Madrilena Automovilista, Adeslas, Santa Lucia, Vitalicio, and Groupama Plus Ultra (includes corresponding Graphs/Chart)
Motor Insurance
Table 430: Leading Players in Spanish Motor Insurance Market (2004): Premium in € Million by Company - Allianz, Axa, Caser, Generali, Linea Directa, Mapfre, Mutua Madrilena, Pelayo, Winterthur, and Zurich (includes corresponding Graph/Chart)
Property Insurance
Medical Insurance
Table 431: Spanish Health Insurance Market (2004): Premium in € Million for Medical Care, Benefits & Compensation, Sickness, and Reimbursement of Expenses (includes corresponding Graph/Chart)
Table 432: Spanish Multi-Peril Insurance Market (2004): Percentage Breakdown of Premium by Category - Commercial, Condominium, Household, Industrial, and Others (includes corresponding Graph/Chart)

2d. Reinsurance Market

3. Distribution/Marketing Channels

Broking Environment Positioned for Significant Transformations
Coming Together of Banking and Insurance Sectors
Table 433: Spanish Life Insurance Market (2005): Percentage Breakdown of Premium by Distribution Channel - Bancassurance, and Insurers
Table 434: Spanish Property & Casualty Insurance Market (2005): Percentage Breakdown of Premium by Distribution Channel - Bancassurance, Direct Channel, and Insurers (includes corresponding Graph/Chart)

4. Mid 90' s: A Perspective

5. Product Launch

ING Introduces Variable Annuities in Spain

6. Recent Industry Activity

AEGO N and CAJA CANTABRIA Enters Joint Venture Agreement
CNP Assurances Acquires Stake in Skandia Vida
Fortis to Sell 50% Stake in its Spanish Insurance Business
Mapfre Insular Insurance - A Philippino-Spanish Venture Takes Wings
Aegon Plans to Acquire half of Seguros Navarra
Mapfre Asistencia Acquires Abraxas

7. Strategic Corporate Developments in Past

Mapfre Re Joins Inreon Reinsurance Trading Platform
Liberty Mutual Insurance Acquires Bilbao
AXA Acquires Stake in AXA Aurora Iberica
BBVA Acquires Stake in Hilo Direct Seguros
Munich Reinsurance Forms a Spanish Joint Venture
Copenhagen Reinsurance Sets Up Office in Spain

8. Focus on Key Spanish Player

ASISA
DENMARK

1. Danish Insurance - A Mature Industry

Table 435: Danish Recent Past, Current & Future Analysis for Insurance Industry by Segment - Life and Non-Life Markets Independently Analyzed with Gross Premium Income in DKK Million for the Years 2005 through 2009 (includes corresponding Graphs/Chart)
Table 436: Danish 5 -Year Perspective for Insurance Industry by Segment - Percentage Breakdown of Gross Premium Income for Life and Non-Life Markets for 2005, 2007, and 2009 (includes corresponding Graphs/Chart)
Table 437: Danish Recent Past, Current & Future Analysis for Reinsurance Industry by Segment - Non-Life and Life Markets Independently Analyzed with Gross Premium Income in DKK Million for the Years 2005 through 2009 (includes corresponding Graphs/Chart)
Table 438: Danish 5 -Year Perspective for Reinsurance Industry by Segment - Percentage Breakdown of Gross Premium Income for Non-Life and Life Markets for 2005, 2007, and 2009 (includes corresponding Graphs/Chart)
Table 439: Danish Reinsurance Market (2005-2007): Gross Claims in DKK Million by Segments - Non-Life and Life (includes corresponding Graphs/Chart)
Competitive Landscape
Mandatory Insurance

2. Life Insurance Industry

Table 440: Danish Life Insurance and Pension Market (2006 & 2007): Percentage Breakdown of Market Share by Leading Companies (includes corresponding Graphs/Chart)
Table 441: Danish Pension Market (2003 - 2007): Total Pension Assets Held by Institutional Investors in DKK Million (includes corresponding Graphs/Chart)
Table 442: Danish Pension Market (2006 & 2007): Percentage Breakdown of Pension Assets Held by Institutional Investors - Life Insurance, Pension Funds, Banks, ATP and Others (includes corresponding Graphs/Chart)
Life Insurance Industry in the Recent Past
Table 443: Danish Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Danica Pension, PFA Pension, K.P., Nordea Liv A/S, Industriens Pension, Pen-Sam Liv, Bygge- og Anlaeg, Danica Pension I, Laerernes Pension, and Kvindelige Arbejdere (includes corresponding Graph/Chart)
Table 444: Top-Five Players in the Life Insurance Industry of Denmark (2002) - Gross Written Premiums in US$ Million for PFA Pension, Danica Pension, K.P, Nordea Liv, and Industriernas Pension (includes corresponding Graph/Chart)
Table 445: Life Insurance and Pension Market of Denmark (2002): Percentage Breakdown of Insurance Firms' Investment by Category for Bonds, Shares, Subsidiaries, and Other Assets (includes corresponding Graph/Chart)

3. Non-Life Insurance Industry

Table 446: Danish Non-Life Insurance Market (2007 & 2008): Percentage Breakdown of Gross Premiums by Category - Commercial, Motor, Personal, Accident and Others (includes corresponding Graphs/Chart)
Table 447: Danish Commercial Insurance Market (2007 & 2008): Percentage Breakdown of Gross Premiums by Category - Buildings, Industrial Injuries, Movable Property, Commercial Liability, Marine and Transport, Aviation & Others (includes corresponding Graphs/Chart)
Table 448: Danish Motor Insurance Market (2007 & 2008): Percentage Breakdown of Gross Premiums by Category - Comprehensive and Third-Party Liability
Table 449: Danish Personal Insurance Market (2007 & 2008): Percentage Breakdown of Gross Premiums by Category - Homeowners, Household, Vacation Home, Hidden- Defects and Others (includes corresponding Graphs/Chart)
Table 450: Danish Non-Life Insurance Market (2006 & 2007): Percentage Breakdown of Gross Claims by Category - Commercial, Motor, Personal, Accident and Others (includes corresponding Graphs/Chart)
Table 451: Danish Commercial Insurance Market (2006 & 2007): Percentage Breakdown of Gross Claims by Category - Buildings, Industrial Injuries, Movable Property, Commercial Liability, Marine and Transport, Aviation and Others (includes corresponding Graphs/Chart)
Table 452: Danish Motor Insurance Market (2006 & 2007): Percentage Breakdown of Gross Claims by Category - Third-Party Liability and Comprehensive (includes corresponding Graphs/Chart)
Table 453: Danish Personal Insurance Market (2006 & 2007): Percentage Breakdown of Gross Claims by Category - Household, Homeowners, Vacation Home, Hidden- Defects and Others (includes corresponding Graphs/Chart)
Non-Life Insurance Industry in the Past
Table 454: Danish Non-Life Insurance Industry (2003): Gross Written Premium in US$ Million by Leading Companies for Tryg Skade, Topdanmark, Codan, Alm. Brandfors, Danmark Sygeforsikring, ALKA, GE Frankona, International Health, Nykredit, and Danske Fors. Skade I (includes corresponding Graph/Chart)
Table 455: Top-Five Players in the Non-Life Insurance Industry of Denmark (2002) - Gross Written Premiums in US$ Million for Tryg Skade, Topdanmark, Codan, Alm. Brand, and GE Frankona (includes corresponding Graph/Chart)
Table 456: Non-Life Insurance Industry in Denmark (2002): Gross Premium in DKK Million for Limited and Mutual Companies by Category - Commercial Insurance, Personal Insurance, Personal Accident Insurance, Motor Insurance, and Others (includes corresponding Graph/Chart)
Table 457: Non-Life Insurance Industry in Denmark (2002): Gross Claims in DKK Million for Limited and Mutual Companies by Category - Commercial Insurance, Personal Insurance, Personal Accident Insurance, Motor Insurance, and Others (includes corresponding Graph/Chart)
Table 458: Non-Life Insurance Industry in Denmark (2002): Percentage Breakdown of Insurance Firms' Investment by Category for Bonds, Subsidiaries, Shares, and Other Assets (includes corresponding Graph/Chart)
Table 459: Industrial Injuries Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)
Table 460: Building Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)
Table 461: Marine and Transport Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)
Table 462: Household Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)
Table 463: Personal Accident, Health and Disability Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)
Table 464: Motor Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart)

4. Mortgages and Life Insurance - Promising Areas of Growth

5. Danish Insurance Industry: A Mid 90' s Review

Deregulation of the Financial Services Market

6. Recent Industry Activity

QBE to Acquire Praetorian
Codan Plans Acquisition of Topdanmark' s Marine Insurance Business

7. Focus on Key Danish Players

Danica Pension
PFA Pension
Topdanmark
Tryg Skade

European Insurance Industry

Table of Contents

1. Industry Overview

2. Outlook

3. A Historic Review of the Market

2. Outlook

3. A Historic Review of the Market

4. Industry Structure

5. Solvency II - for a Prudent and Accountable Insurance Industry in Europe

6. European Long-Term Insurance

7. Life Insurance

8. Health Insurance

9. Non-Life Insurance

10. Travel Insurance

11. Direct Insurance

12. Reinsurance Scene

13. Directives and Legislations - Tracing the Timeline

14. A Tightening Regulatory Environment

15. Strategies

16. Changing Distribution Channels

17. European and the US Markets - A Comparison

FRENCH INSURANCE INDUSTRY

1. Market Overview

2. A Fragmented Market

3. Review of Sectors

3a. Life Insurance

3b. Non-Life Insurance

3c. Auto Insurance

3d. Marine Aviation Transport (MAT) Insurance

4. Reinsurance

5. Distribution

6. Recent Industry Activity

7. Strategic Developments in the Past

8. Focus on Select French Players

GERMAN INSURANCE INDUSTRY

1. German Insurance Industry - An Insight

2. Industry Structure

3. Outlook

4. Life Insurance Sector

5. German Pension Market

6. Health Insurance

7. Non-Life Insurance Sector

8. Direct Writing in Germany

9. German Financial System

10. Key Legislative Measures and Plans

11. Insurance Pools

12. Role of GDV (Gesamtverband der Deutschen Ver-sicherungswirtschaft)

13. Historic Review of Various Insurance Sectors

14. Product Developments

15. Recent Industry Activity

16. Strategic Corporate Developments in Past

17. Focus on Select German Players

ITALIAN INSURANCE INDUSTRY

1. Italian Insurance Industry - A Perspective

2. Review of the Sectors

2a. Non-Life Insurance

2b. Life Insurance

2c. Pension Funds in Italy

3. Recent Industry Activity

4. Strategic Corporate Development in Recent Past

5. Focus on Key Player

INSURANCE INDUSTRY IN THE UNITED KINGDOM

1. Market Overview

2. Structure of the UK Insurance Market

3. Insurance Market Trends

4. A Review of UK Insurance Industry Sectors

4a. Life Insurance

4b. General Insurance

4c. Property Insurance

4d. Accident and Health Insurance

4e. General Liability Insurance

4f. Pecuniary Loss Insurance

4g. Pet Insurance Market

4h. Personal Lines Insurance

5. UK - Post September 11

6. Key Market Trends/Issues - A Historic Review

7. Marketing Strategies

8. Regulatory Environment

9. Outlook

10. Market Minder: ' Past' Bites