Marine, Aviation and Transit Insurance in South Korea to 2021: Market Size, Growth and Forecast Analytics

Marine, Aviation and Transit Insurance in South Korea to 2021: Market Size, Growth and Forecast Analytics

  • December 2017 •
  • 75 pages •
  • Report ID: 5246645
Synopsis
Timetric’s "Marine, Aviation and Transit Insurance in South Korea to 2021: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Marine, Aviation and Transit Insurance in South Korea. This databook provides values for key performance indicators such as policies and premiums (gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies), claims & expenses (gross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%)) and segmented by product type (Marine (marine hull & marine liability), Aviation and Transit).

The research handbook provides the up-to-date market data for period 2012-2016 and illustrative forecast to 2021. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.

Summary
MAT includes insurance policy which covers the risk of damage to ships, airplanes and their hull or other parts and the damage of goods in transportation either through land or sea or air. It also covers the risk of liability arising out of operation of aircraft and ship.

The total amount of gross written premiums in the marine, aviation and transit insurance in South Korea is valued at KRWxxx.xx billion (US$xxx.xx billion) in 2016, which is a decrease of -xx.xx% from 2012. The category has recorded a CARC of -x.xx% during the review period (2012-2016).

Marine, Aviation and Transit Insurance in South Korea to 2021: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in South Korea. It is an essential tool for companies active across the South Korea value chain and for new players considering to enter the market.

Scope
Marine, Aviation and Transit Insurance in South Korea to 2021: Market Size, Growth and Forecast Analytics provides you with the following:
• Overall values of policies and premiums and claims & expenses in the Marine, Aviation and Transit Insurance
• Values of policies and premiums by product type (Marine (marine hull & marine liability), Aviation and Transit)

Reasons To Buy
• Understand the non-life insurance industry covering marine, aviation and transit insurance life in South Korea.
• Enhance your knowledge of the market with a breakdown of data including gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies, gross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%) and segmented by product type [Marine (marine hull & marine liability), Aviation and Transit]
• Allows you to plan future business decisions using the forecast figures given for the segment.
• The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.
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