Slovakia Insurance Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Slovakia Insurance Report

The Slovakia Insurance Report

The Slovakia Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Slovakia through end- ; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Slovakia ; and analysis of the latest insurance industry developments, trends and regulatory changes in Slovakia .

Business Monitor International's Slovakia Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Slovak insurance industry.

Coverage

Slovakia Insurance Sector At A Glance

Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$.

Evolution of the Slovak Insurance Market

Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998.

BMI 5-Year Industry Forecasts for Slovakia

Analysis of market growth drivers, including 5-year projections (to end- ) for premium values. Forecasts section also includes BMI risk ratings on local economy, politics and business environment. Industry indicators covered include:
Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses; total operating expenses; total assets and investments; industry density (per capita premiums) and penetration (premiums as a portion of GDP)

BMI 5-Year Macroeconomic Forecast for Slovakia

BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Insurance Company Rankings in Slovakia

Comparative company analyses and rankings by premium income (life and non-life).

Insurance Industry Competitive Landscape in Europe

A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region.

Slovakia Insurance Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - The Sector At A Glance

Table: Slovakia's Insurance Sector At A Glance
Key Insights On Slovakia's Insurance Sector

Chapter - SWOT Analysis

Slovakia Insurance Industry SWOT
Slovakia Political SWOT
Slovakia Economic SWOT
Slovakia Business Environment SWOT

Chapter - Development Of BMI's Insurance Reports

Comment – The Global Financial Crisis
Table: Selected European Countries: Budget And Current Account, 2008 (as % of GDP)
Revision Of Data And Forecasts

Chapter - Projections And Forecasts

Table: Insurance Data And Projections, 2006-2013
Projections And Drivers Of Growth
Table: Growth Drivers, 2006-2013

Chapter - Country Update

Macroeconomic Outlook
Table: Slovakia – Economic Activity, 2006-2013
Political Outlook

Chapter - Insurance Business Environment Rating

Table: Slovakia's Insurance Business Environment
Table: Central And Eastern Europe Insurance Business Environment Rankings

Chapter - Regional Context

Table: Non-Life Premiums In A Regional Context, 2008
Table: Life Premiums In A Regional Context, 2008
Table: Comparison Of Major Lines As % Of Non-Life Premiums, 2006

Chapter - Analysis Of Competitive Conditions

Regional Overview

Chapter - Company Profiles

AEGON
AIG
Allianz
Aviva
AXA
Cardif
Ergo
Eureko
Fortis
Generali
Grawe
Groupama
HDI-Gerling
HSBC Insurance
ING
MetLife
Prudential Financial
QBE
RSA
UNIQA
Vienna Insurance Group
Zurich

Chapter - Country Snapshot: Slovakia Demographic Data

Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
Table: Average Annual Wages, 2000-2012

Chapter - Methodology

Basis Of Projections
Insurance Business Environment Rating
Table: Insurance Business Environment Indicators And Rationale
Table: Weighting Of Indicators
Slovakia Insurance Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

In light of the speed with which economic activity in Slovakia continues to unwind, we have revised down our 2009 real GDP growth forecast to -2.5%, from our previous projection of -0.9%. Given the ongoing economic slowdown in the eurozone, the outlook for the export-oriented manufacturing industry is particularly bleak. Beyond 2009, we expect trend growth to settle at a much lower rate than in previous years, averaging 3.4% between 2011-2013.

Economic activity in Slovakia is slowing at an alarming rate, according to the latest data from the Statistical Office of the Slovak Republic (SSO), with real GDP growth coming in at 2.5% in Q408, down from 6.6% the previous quarter and from 14.3% in Q407. Although Slovakia remained the fastest growing economy in Central Europe in 2008, with full-year growth at 6.4%, this was down considerably from the 10.4% and 8.6% rates of expansion recorded in 2007 and 2006, respectively.

The most significant declines in Q408 were recorded in the gross fixed capital formation (GFCF) and export components. Indeed, after having posted growth of 2.7% in Q3, exports contracted by 7.8% in the last quarter of the year, a sharp contrast to the 16.0% rate of growth recorded during the same period a year earlier. In addition, although GFCF remained in positive territory, registering growth of 1.4% in Q4, it was nevertheless well below the 7.3% and 8.9% outturns registered in Q3 and Q407, respectively.

In Central and Eastern Europe (CEE), we profile 22 multi-national insurance companies. In alphabetical order, these are AEGON, AIG, Allianz, Aviva, AXA, Cardif,ERGO, Eureko, Fortis, Generali, GRAWE, Groupama, HDI-Gerling, HSBC Insurance, ING, MetLife, Prudential Financial, QBE, RSA, UNIQA,Vienna Insurance Group and Zurich Financial Services.

Over the course of 2008, estimated total premiums in Slovakia rose by 7% to EUR2,025mn. Non-life premiums rose by 2% to EUR1,082mn while life premiums rose by 13% to EUR943mn.

Between now and the end of the forecast period, we expect that annual non-life premiums will grow by EUR743mn, while annual life premiums should grow by EUR785mn.

Growth in non-life premiums should be driven by the general growth of nominal GDP plus a rise in nonlife penetration from the current level of 1.6% to 2.2%.

Growth in life premiums should be driven by the change in the overall population and a rise in life density from US$256.75 to US$400.00 per capita.

Slovakia Insurance Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Insurance Reports

Africa

Algeria, Egypt, Libya, Morocco, Nigeria, South Africa and Tunisia

Asia

Australia, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam

Caribbean

Bahamas, Barbados, Bermuda, Dominican Republic, Jamaica and Trinidad & Tobago

Europe

Bulgaria, Croatia, Czech Republic, Estonia, Germany, Greece, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovenia, Ukraine and United Kingdom

Latin America

Argentina, Brazil and Mexico

Middle East

Bahrain, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates
Business Monitor International Business Monitor International
A Market Leader in Country Risk, Industry Intelligence and Company Research

Mermaid House, 2 Puddle Dock, Blackfriars, London EC4V 3DS, UK

BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.

Country Risk Analysis and Forecasts
BMI
has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets.

Industry Intelligence and Market Research
BMI's industry research covers Automotives; Banking; Chemicals; Defence & Security; Food & Drink; Freight Transport; Information Technology; Infrastructure; Insurance; Mining; Oil & Gas; Petrochemicals; Pharmaceuticals & Healthcare; Power; Telecommunications, and Tourism.

Company Research
BMI maintains a fully-researched 55,000-site database of multinational company subsidiaries located across global markets.