[October 21, 2014]

Research and Markets: Personal Accident and Health Insurance in Philippines - Key Trends and Opportunities to 2018

Research and Markets (http://www.researchandmarkets.com/research/2xkm4n/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Philippines, Key Trends and Opportunities to 2018" report to their offering.

Personal accident and health was the second-fastest-growing segment in terms of gross written premiums in the Philippine insurance industry during the review-period. Although the segment was the smallest in the industry, it grew at a review period (2009-2013) compound annual growth rate (CAGR) of 11.8%. High crime rates, the quality of the country's private healthcare services and an expanding middle-class population supplemented the segment's growth.

The increased capital requirement is anticipated to lead to a period of consolidation in the segment. However, government efforts to spread financial awareness are expected to support the segment over th forecast period, backed by a low penetration rate, rising health costs and regulatory amendments.

Key Highlights

• Personal accident and health was the second-fastest-growing segment in terms of gross written premiums in the Philippine insurance industry during the review-period
• Although the segment was the smallest in the industry, it grew at a review period (2009-2013) compound annual growth rate (CAGR) of 11.8%.
• High crime rates, the quality of the country's private healthcare services and an expanding middle-class population supplemented the segment's growth.
• Government efforts to spread financial awareness are expected to support the segment over the forecast period, backed by a low penetration rate, rising health costs and regulatory amendments.
• Although the personal accident and health segment is diversified, it is highly mature.

Key Topics Covered:

1 Key Facts and Events

2 Executive Summary

3 Introduction

4 Philippine Insurance Industry Attractiveness

5 Personal Accident and Health Insurance Segment Outlook

6 Analysis by Distribution Channel

7 Governance, Risk and Compliance

8 Competitive Landscape and Strategic Insights

9 Appendix

Companies Mentioned

• Philippines Health Insurance Corporation
• Blue Cross Insurance, Inc
• Malayan Insurance Company, Inc.
• Prudential Guarantee and Assurance, Inc.
• BPI/MS Insurance Corporation
• Pioneer Insurance & Surety Corporation
• Charter Ping An (Philippine Charter Ins. Corp.)
• Federal Phoenix Assurance Co., Inc.
• UCPB General Insurance Company, Inc.
• Sun Life of Canada (Philippines), Inc.

For more information visit http://www.researchandmarkets.com/research/2xkm4n/personal_accident

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