1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 CAGR Definition and Calculation

2 Liability Insurance
2.1 Policies and Premiums
2.1.1 Gross Written Premiums, 2011 - 2015
2.1.2 Gross Written Premiums Forecast, 2016 - 2020
2.1.3 Direct Written Premiums, 2011 - 2015
2.1.4 Direct Written Premiums Forecast, 2016 - 2020
2.1.5 Net Written Premiums, 2011 - 2015
2.1.6 Net Written Premium Forecast, 2016 - 2020
2.1.7 Net Written Premiums (% of GWP), 2011 - 2015
2.1.8 Net Written Premiums (% of GWP) Forecast, 2016 - 2020
2.1.9 Net Earned Premiums, 2011 - 2015
2.1.10 Net Earned Premiums Forecast, 2016 - 2020
2.1.11 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
2.1.12 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
2.2 Claims and Expenses
2.2.1 Gross Claims, 2011 - 2015
2.2.2 Gross Claims Forecast, 2016 - 2020
2.2.3 Paid Claims, 2011 - 2015
2.2.4 Paid Claims Forecast, 2016 - 2020
2.2.5 Change in Outstanding Reserves, 2011 - 2015
2.2.6 Change in Outstanding Reserves Forecast, 2016 - 2020
2.2.7 Incurred Loss, 2011 - 2015
2.2.8 Incurred Loss Forecast, 2016 - 2020
2.2.9 Loss Ratio (%), 2011 - 2015
2.2.10 Loss Ratio (%) Forecast, 2016 - 2020

3 Liability Insurance - by Product Type
3.1 Workmen’s Compensation/Industrial Accident/Employer’s Liability
3.1.1 Gross Written Premiums, 2011 - 2015
3.1.2 Gross Written Premiums Forecast, 2016 - 2020
3.1.3 Direct Written Premiums, 2011 - 2015
3.1.4 Direct Written Premiums Forecast, 2016 - 2020
3.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
3.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
3.2 Other Liability
3.2.1 Gross Written Premiums, 2011 - 2015
3.2.2 Gross Written Premiums Forecast, 2016 - 2020
3.2.3 Direct Written Premiums, 2011 - 2015
3.2.4 Direct Written Premiums Forecast, 2016 - 2020
3.2.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
3.2.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020

4 Appendix
4.1 Exchange Rates
4.2 About Timetric
4.3 Timetric’s Services
4.4 Disclaimer

List of Tables
Table 1: Timetric - Insurance Market Definitions
Table 2: Icelandic Liability Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 3: Icelandic Liability Insurance; Gross Written Premiums (ISK Billion), 2011 - 2015
Table 4: Icelandic Liability Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 5: Icelandic Liability Insurance; Gross Written Premiums (ISK Billion), 2016 - 2020
Table 6: Icelandic Liability Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 7: Icelandic Liability Insurance; Direct Written Premiums (ISK Billion), 2011 - 2015
Table 8: Icelandic Liability Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 9: Icelandic Liability Insurance; Direct Written Premiums (ISK Billion), 2016 - 2020
Table 10: Icelandic Liability Insurance; Net Written Premiums (US$ Billion), 2011 - 2015
Table 11: Icelandic Liability Insurance; Net Written Premiums (ISK Billion), 2011 - 2015
Table 12: Icelandic Liability Insurance; Net Written Premiums (US$ Billion), 2016 - 2020
Table 13: Icelandic Liability Insurance; Net Written Premiums (ISK Billion), 2016 - 2020
Table 14: Icelandic Liability Insurance; Net Written Premiums (% of GWP), 2011 - 2015
Table 15: Icelandic Liability Insurance; Net Written Premiums (% of GWP), 2016 - 2020
Table 16: Icelandic Liability Insurance; Net Earned Premiums (US$ Billion), 2011 - 2015
Table 17: Icelandic Liability Insurance; Net Earned Premiums (ISK Billion), 2011 - 2015
Table 18: Icelandic Liability Insurance; Net Earned Premiums (US$ Billion), 2016 - 2020
Table 19: Icelandic Liability Insurance; Net Earned Premiums (ISK Billion), 2016 - 2020
Table 20: Icelandic Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 21: Icelandic Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 22: Icelandic Liability Insurance; Gross Claims (US$ Billion), 2011 - 2015
Table 23: Icelandic Liability Insurance; Gross Claims (ISK Billion), 2011 - 2015
Table 24: Icelandic Liability Insurance; Gross Claims (US$ Billion), 2016 - 2020
Table 25: Icelandic Liability Insurance; Gross Claims (ISK Billion), 2016 - 2020
Table 26: Icelandic Liability Insurance; Paid Claims (US$ Billion), 2011 - 2015
Table 27: Icelandic Liability Insurance; Paid Claims (ISK Billion), 2011 - 2015
Table 28: Icelandic Liability Insurance; Paid Claims (US$ Billion), 2016 - 2020
Table 29: Icelandic Liability Insurance; Paid Claims (ISK Billion), 2016 - 2020
Table 30: Icelandic Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2011 - 2015
Table 31: Icelandic Liability Insurance; Change in Outstanding Reserves (ISK Billion), 2011 - 2015
Table 32: Icelandic Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2016 - 2020
Table 33: Icelandic Liability Insurance; Change in Outstanding Reserves (ISK Billion), 2016 - 2020
Table 34: Icelandic Liability Insurance; Incurred Loss (US$ Billion), 2011 - 2015
Table 35: Icelandic Liability Insurance; Incurred Loss (ISK Billion), 2011 - 2015
Table 36: Icelandic Liability Insurance; Incurred Loss (US$ Billion), 2016 - 2020
Table 37: Icelandic Liability Insurance; Incurred Loss (ISK Billion), 2016 - 2020
Table 38: Icelandic Liability Insurance; Loss Ratio (%), 2011 - 2015
Table 39: Icelandic Liability Insurance; Loss Ratio (Percentage ), 2016 - 2020
Table 40: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 41: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (ISK Billion), 2011 - 2015
Table 42: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 43: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (ISK Billion), 2016 - 2020
Table 44: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 45: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (ISK Billion), 2011 - 2015
Table 46: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 47: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (ISK Billion), 2016 - 2020
Table 48: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 49: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 50: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 51: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (ISK Billion), 2011 - 2015
Table 52: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 53: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (ISK Billion), 2016 - 2020
Table 54: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 55: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (ISK Billion), 2011 - 2015
Table 56: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 57: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (ISK Billion), 2016 - 2020
Table 58: Icelandic Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 59: Icelandic Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 60: Exchange Rate (Annual Average), 2011 – 2015
Table 61: Exchange Rate (Annual Average), 2016 – 2020 Forecast

List of Figures
Figure 1: Icelandic Liability Insurance; Gross Written Premiums (ISK Billion), 2011 - 2015
Figure 2: Icelandic Liability Insurance; Gross Written Premiums (ISK Billion), 2016 - 2020
Figure 3: Icelandic Liability Insurance; Direct Written Premiums (ISK Billion), 2011 - 2015
Figure 4: Icelandic Liability Insurance; Direct Written Premiums (ISK Billion), 2016 - 2020
Figure 5: Icelandic Liability Insurance; Net Written Premiums (ISK Billion), 2011 - 2015
Figure 6: Icelandic Liability Insurance; Net Written Premiums (ISK Billion), 2016 - 2020
Figure 7: Icelandic Liability Insurance; Net Written Premiums (% of GWP), 2011 - 2015
Figure 8: Icelandic Liability Insurance; Net Written Premiums (% of GWP), 2016 - 2020
Figure 9: Icelandic Liability Insurance; Net Earned Premiums (ISK Billion), 2011 - 2015
Figure 10: Icelandic Liability Insurance; Net Earned Premiums (ISK Billion), 2016 - 2020
Figure 11: Icelandic Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 12: Icelandic Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 13: Icelandic Liability Insurance; Gross Claims (ISK Billion), 2011 - 2015
Figure 14: Icelandic Liability Insurance; Gross Claims (ISK Billion), 2016 - 2020
Figure 15: Icelandic Liability Insurance; Paid Claims (ISK Billion), 2011 - 2015
Figure 16: Icelandic Liability Insurance; Paid Claims (ISK Billion), 2016 - 2020
Figure 17: Icelandic Liability Insurance; Change in Outstanding Reserves (ISK Billion), 2011 - 2015
Figure 18: Icelandic Liability Insurance; Change in Outstanding Reserves (ISK Billion), 2016 - 2020
Figure 19: Icelandic Liability Insurance; Incurred Loss (ISK Billion), 2011 - 2015
Figure 20: Icelandic Liability Insurance; Incurred Loss (ISK Billion), 2016 - 2020
Figure 21: Icelandic Liability Insurance; Loss Ratio (%), 2011 - 2015
Figure 22: Icelandic Liability Insurance; Loss Ratio (Percentage ) 2016 - 2020
Figure 23: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (ISK Billion) 2011 - 2015
Figure 24: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Gross Written Premiums (ISK Billion) 2016 - 2020
Figure 25: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (ISK Billion) 2011 - 2015
Figure 26: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Direct Written Premiums (ISK Billion), 2016 - 2020
Figure 27: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 28: Icelandic Liability Insurance by Workmen’s Compensation/Industrial Accident/Employer’s Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 29: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (ISK Billion) 2011 - 2015
Figure 30: Icelandic Liability Insurance by Other Liability; Gross Written Premiums (ISK Billion) 2016 - 2020
Figure 31: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (ISK Billion) 2011 - 2015
Figure 32: Icelandic Liability Insurance by Other Liability; Direct Written Premiums (ISK Billion) 2016 - 2020
Figure 33: Icelandic Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 34: Icelandic Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020