Non-Life Insurance in Ireland, Key Trends and Opportunities to 2017

Publisher Name :
Date: 25-Jan-2013
No. of pages: 260

The report provides in depth market analysis, information and insights into the Irish non-life insurance market, including:

  • The Irish non-life insurance market’s growth prospects by non-life insurance categories
  • The various distribution channels in the Irish non-life insurance market
  • The competitive landscape in the non-life insurance market in Ireland
  • A description of the non-life reinsurance market in Ireland

Summary

Ireland’s non-life insurance segment is highly competitive and fragmented, however, weak economic conditions and the increasing amount of risk being ceded by insurers is likely to adversely affect the segment’s performance over the forecast period.

Scope

This report provides a comprehensive analysis of the non-life insurance market in Ireland:

  • It provides historical values for the Irish non-life insurance market for the report’s 2008–2012 review period and forecast figures for the 2013–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in the Irish non-life insurance market, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for non-life insurance products in Ireland
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Ireland for the non-life insurance business
  • It provides a detailed analysis of the reinsurance market in Ireland and its growth prospects
  • It profiles the top non-life insurance companies in Ireland and outlines the key regulations affecting them

Reasons To Buy

  • Make strategic business decisions using historic and forecast market data related to the Irish non-life insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Irish non-life insurance market
  • Assess the competitive dynamics in the non-life insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Irish insurance market and its impact on companies and the market’s future

Key Highlights

  • Ireland has a corporation tax rate of 12.5%, which is low compared to that of many EU member states
  • Rising consumer disposable income is expected to support the Irish non-life insurance segment over the forecast period
  • The Irish non-life insurance segment is highly fragmented and competitive. The 10-leading companies accounted for a combined market share of 49% and none of the companies garnered a double-digit market share
  • The Irish Financial Services Regulator has played a key role in encouraging global insurance firms to establish a presence in Ireland

Non-Life Insurance in Ireland, Key Trends and Opportunities to 2017

Table Of Contents

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Irish Insurance Industry Attractiveness
3.1 Insurance Industry
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments

4 Non-Life Insurance Segment Outlook
4.1 Non-Life Insurance Growth Prospects by Category
4.1.1 Property insurance category
4.1.2 Fire and allied perils insurance sub-category
4.1.3 Engineering insurance sub-category
4.1.4 Other property sub-category
4.2 Motor Insurance Category
4.2.1 Motor hull sub-category
4.2.2 Motor third-party sub-category
4.3 General Third-Party Category
4.4 Marine, aviation and transit category
4.4.1 Marine sub-category
4.4.2 Marine hull sub-category
4.4.3 Marine third-party sub-category
4.4.4 Aviation sub-category
4.4.5 Transit sub-category

5 Analysis by Distribution Channels
5.1 Direct marketing channel
5.2 E-Commerce Channel
5.3 Brokers Channel
5.4 Other Channels

6 Legislation, Supervision and Control
6.1 Legislation Overview and Historical Evolution
6.2 Legislation Trends by Type of Insurance
6.2.1 Life insurance regulatory trends
6.2.2 Property insurance regulatory trends
6.2.3 Motor insurance regulatory trends
6.2.4 Liability insurance regulatory trends
6.2.5 Marine, aviation and transit insurance regulatory trends
6.2.6 Health insurance regulatory trends
6.3 Compulsory Insurance
6.3.1 Motor third-party liability insurance
6.3.2 Social security insurance
6.4 Supervision and Control
6.4.1 International Association of Insurance Supervisors
6.4.2 European Insurance and Occupational Pensions Authority
6.4.3 Central Bank of Ireland

7 Non-Admitted Insurance Regulatory
7.1 Overview
7.2 Intermediaries
7.3 Market Practices
7.4 Fines and Penalties

8 Company Registration and Operations
8.1 Types of Insurance Organisation
8.2 Establishing a local company
8.3 Foreign Ownership
8.4 Types of License
8.5 Capital Requirements
8.6 Solvency Margins
8.7 Reserve Requirements
8.8 Investment Regulations
8.9 Statutory Return Requirements
8.1 Policy Terms and Conditions

9 Taxation
9.1 Insurance Premium or Policy Taxation
9.2 Corporate Tax
9.3 VAT
9.4 Captives

10 Legal System
10.1 Introduction
10.2 Access to Court
10.3 Alternative Dispute Resolution (ADR)

11 Porter’s Five Forces Analysis – Irish Non-life insurance segment
11.1 Bargaining Power of Supplier: Medium
11.2 Bargaining Power of Buyer: Medium
11.3 Barriers to Entry: Low-to-Medium
11.4 Intensity of Rivalry: High
11.5 Threat of Substitutes: Low

12 Reinsurance Growth Dynamics and Challenges
12.1 Reinsurance
12.2 Reinsurance Size by Segment, 2008–2017

13 Competitive Landscape and Strategic Insights
13.1 Overview
13.2 Leading Companies in the Irish Non-life Insurance Segment
13.3 Comparison of Top-Five Insurers
13.3.1 Gross written premium
13.3.2 Net earned premiums
13.3.3 Paid claims
13.4 Aviva – Company Overview
13.4.1 Aviva – key facts
13.4.2 Aviva – key financials
13.5 QUINN Insurance Limited – Company Overview
13.5.1 QUINN Insurance Limited – key facts
13.5.2 QUINN Insurance Limited – key Financials
13.6 Axa Insurance Ltd. – Company Overview
13.6.1 Axa Insurance Ltd. – key facts
13.6.2 Axa Insurance Ltd. – key financials
13.7 Allianz Plc – Company Overview
13.7.1 Allianz Plc – key facts
13.7.2 Allianz Plc – key financials
13.8 RSA Insurance Ireland Ltd. – Company Overview
13.8.1 RSA – key facts
13.8.2 RSA – key financials
13.9 CACI Non-Life Limited – Company Overview
13.9.1 CACI Non-Life Limited – key facts
13.9.2 CACI Non-Life Limited – key financials
13.1 FBD – Company Overview
13.10.1 FBD – key facts
13.10.2 FBD – key financials
13.11 Euro Insurances Ltd. – Company Overview
13.11.1 Euro Insurances Ltd. – key facts
13.11.2 Euro Insurances Ltd. – key financials

14 Business Environment and Country Risk
14.1 Business Confidence
14.1.1 Market capitalization trend – Irish Stock Exchange
14.2 Economic Performance
14.2.1 GDP at constant prices (US$)
14.2.2 GDP per capita at constant prices (US$)
14.2.3 GDP at current prices (US$)
14.2.4 GDP per capita at current prices (US$)
14.2.5 GDP by key sectors
14.2.6 Agricultural net output at current prices (EUR)
14.2.7 Agricultural net output at current prices (US$)
14.2.8 Agricultural net output at current prices as a percentage of GDP
14.2.9 Manufacturing net output at current prices (EUR)
14.2.10 Manufacturing net output at current prices (US$)
14.2.11 Manufacturing net output at current prices as a percentage of GDP
14.2.12 Mining, manufacturing and utilities net output at current prices (EUR)
14.2.13 Mining, manufacturing and utilities at current prices (US$)
14.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
14.2.15 Construction net output at current prices (EUR)
14.2.16 Construction net output at current prices, (US$)
14.2.17 Construction net output at current prices as a percentage of GDP
14.2.18 Inflation rate
14.2.19 Current account balance as a percentage of GDP
14.2.20 Exports as a percentage of GDP
14.2.21 Imports as a percentage of GDP
14.2.22 Exports growth
14.2.23 Imports growth
14.2.24 External debt as a percentage of GDP
14.2.25 Annual average exchange rate US$–EUR
14.2.26 End-of-period exchange rate US$–EUR
14.3 Infrastructure Quality and Availability
14.3.1 Total airports and sea ports
14.3.2 Railways and roadways
14.3.3 Automotive component exports trend
14.3.4 Automotive component imports trend
14.3.5 Passenger car penetration
14.3.6 Healthcare expenditure
14.3.7 Healthcare expenditure as a percentage of GDP
14.3.8 Healthcare expenditure per capita
14.3.9 Total internet subscribers
14.4 Labor Force
14.4.1 Labor force
14.4.2 Unemployment rate
14.5 Demographics
14.5.1 Annual disposable income
14.5.2 Annual per capita disposable income
14.5.3 Total population
14.5.4 Urban and rural population
14.5.5 Females as percentage of population
14.5.6 Males as percentage of population
14.5.7 Mean age of the population
14.5.8 Median age of population
14.5.9 Age distribution of the total population
14.5.10 Age distribution of the male population
14.5.11 Age distribution of the female population
14.6 Political and Social Risk
14.6.1 Political stability
14.6.2 Terrorism index
14.6.3 Transparency index

15 Appendix
15.1 Methodology
15.2 Contact Us
15.3 About Timetric
15.4 Disclaimer

List Of Tables

Table 1: Insurance Industry Definitions
Table 2: Irish Insurance Industry Written Premium by Segment (EUR Billion), 2008–2012
Table 3: Irish Insurance Industry Written Premium by Segment (US$ Billion), 2008–2012
Table 4: Irish Insurance Industry Written Premium by Segment (EUR Billion), 2012–2017
Table 5: Irish Insurance Industry Written Premium by Segment (US$ Billion), 2012–2017
Table 6: Irish Insurance Segmentation (% Share), 2008–2017
Table 7: Irish Pricing Trends of Various Categories in Non-life Insurance Segment in 2011
Table 8: Irish Non-Life Insurance Written Premium by Category (EUR Billion), 2008–2012
Table 9: Irish Non-Life Insurance Written Premium by Category (US$ Billion), 2008–2012
Table 10: Irish Non-Life Insurance Written Premium by Category (EUR Billion), 2012–2017
Table 11: Irish Non-Life Insurance Written Premium by Category (US$ Billion), 2012–2017
Table 12: Irish Non-Life Insurance – Earned Premium (EUR Billion), 2008–2012
Table 13: Irish Non-Life Insurance – Earned Premium (EUR Billion), 2012–2017
Table 14: Irish Non-Life Insurance – Paid Claims by Category (EUR Billion), 2008–2012
Table 15: Irish Non-Life Insurance – Paid Claims by Category (US$ Billion), 2008–2012
Table 16: Irish Non-Life Insurance – Paid Claims by Category (EUR Billion), 2012–2017
Table 17: Irish Non-Life Insurance – Paid Claims by Category (US$ Billion), 2012–2017
Table 18: Irish Non-Life Insurance – Incurred Loss by Category (EUR Billion), 2008–2012
Table 19: Irish Non-Life Insurance – Incurred Loss by Category (US$ Billion), 2008–2012
Table 20: Irish Non-Life Insurance – Incurred Loss by Category (EUR Billion), 2012–2017
Table 21: Irish Non-Life Insurance – Incurred Loss by Category (US$ Billion), 2012–2017
Table 22: Irish Non-Life Insurance – Loss Ratio (%), 2008–2012
Table 23: Irish Non-Life Insurance – Loss Ratio (%), 2012–2017
Table 24: Irish Non-Life Insurance – Commission and Expenses (EUR Billion), 2008–2012
Table 25: Irish Non-Life Insurance – Commission and Expenses (EUR Billion), 2012–2017
Table 26: Irish Non-Life Insurance – Combined Ratio (%), 2008–2012
Table 27: Irish Non-Life Insurance – Combined Ratio (%), 2012–2017
Table 28: Irish Non-Life Insurance – Frauds and Crimes (EUR Billion), 2008–2012
Table 29: Irish Non-Life Insurance – Frauds and Crimes (EUR Billion), 2012–2017
Table 30: Irish Non-Life Insurance – Total Assets (EUR Billion), 2008–2012
Table 31: Irish Non-Life Insurance – Total Assets (EUR Billion), 2012–2017
Table 32: Irish Non-Life Insurance – Total Investment Income (EUR Billion), 2008–2012
Table 33: Irish Non-Life Insurance – Total Investment Income (EUR Billion), 2012–2017
Table 34: Irish Non-Life Insurance – Retentions (EUR Billion), 2008–2012
Table 35: Irish Non-Life Insurance – Retentions (EUR Billion), 2012–2017
Table 36: Irish Property Insurance Written Premium by Sub-Category (EUR Billion), 2008–2012
Table 37: Irish Property Insurance Written Premium by Sub-Category (US$ Billion), 2008–2012
Table 38: Irish Property Insurance Written Premium by Sub-Category (EUR Billion), 2012–2017
Table 39: Irish Property Insurance Written Premium by Sub-Category (US$ Billion), 2012–2017
Table 40: Irish Property Insurance Category – Loss Ratio (%), 2008–2012
Table 41: Irish Property Insurance Category – Loss Ratio (%), 2012–2017
Table 42: Irish Fire and Allied Perils Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 43: Irish Fire and Allied Perils Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 44: Irish Fire and Allied Perils Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Table 45: Irish Fire and Allied Perils Insurance Sub-Category–Written Premium (EUR Billion),2012–2017
Table 46: Irish Engineering Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 47: Irish Engineering Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 48: Irish Engineering Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Table 49: Irish Engineering Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Table 50: Irish Other Property Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 51: Irish Other Property Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 52: Irish Other Property Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Table 53: Irish Other Property Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Table 54: Irish Motor Insurance Written Premium by Sub-Category (EUR Billion), 2008–2012
Table 55: Irish Motor Insurance Written Premium by Sub-Category (US$ Billion), 2008–2012
Table 56: Irish Motor Insurance Written Premium by Sub-Category (EUR Billion),2012–2017
Table 57: Irish Motor Insurance Written Premium by Sub-Category (US$ Billion), 2012–2017
Table 58: Irish Motor Insurance Category – Loss Ratio (%), 2008–2012
Table 59: Irish Motor Insurance Category – Loss Ratio (%), 2012–2017
Table 60: Irish Motor Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 61: Irish Motor Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 62: Irish Motor Hull Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 63: Irish Motor Hull Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Table 64: Irish Motor Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 65: Irish Motor Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 66: Irish Motor Third-Party Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 67: Irish Motor Third-Party Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Table 68: Irish General Third-Party Insurance Category – Number of Policies Sold (Thousand), 2008–2012
Table 69: Irish General Third-Party Insurance Category – Number of Policies Sold (Thousand), 2012–2017
Table 70: Irish General Third-Party Insurance Category by Written Premium (EUR Billion), 2008–2012
Table 71: Irish General Third-Party Insurance Category by Written Premium (EUR Billion), 2012–2017
Table 72: General Third-Party Insurance Category – Loss Ratio (%), 2008–2012
Table 73: Irish General Third-Party Insurance Category– Loss Ratio (%), 2012–2017
Table 74: Irish Marine, Aviation and Transit Insurance Written Premium by Sub-Category (EUR Billion), 2008–2012
Table 75: Irish Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2008–2012
Table 76: Irish Marine, Aviation and Transit Insurance Written Premium by Sub-Category (EUR Billion), 2012–2017
Table 77: Irish Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2012–2017
Table 78: Irish Marine, Aviation and Transit Insurance Category– Loss Ratio (%), 2008–2012
Table 79: Irish Marine, Aviation and Transit Insurance Category – Loss Ratio (%), 2012–2017
Table 80: Irish Marine Insurance Written Premium by Sub-Category (EUR Billion), 2008–2012
Table 81: Irish Marine Insurance Written Premium by Sub-Category (US$ Billion), 2008–2012
Table 82: Irish Marine Insurance Written Premium by Sub-Category (EUR Billion), 2012–2017
Table 83: Irish Marine Insurance Written Premium by Sub-Category (US$ Billion), 2012–2017
Table 84: Irish Marine Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 85: Irish Marine Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 86: Irish Marine Hull Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 87: Irish Marine Hull Insurance Sub-Category –  Written Premium (EUR Billion), 2012–2017
Table 88: Irish Marine Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 89: Irish Marine Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 90: Irish Marine Third-Party Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 91: Irish Marine Third-Party Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Table 92: Irish Aviation Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 93: Irish Aviation Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Table 94: Irish Aviation Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 95: Irish Aviation Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Table 96: Irish Transit Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Table 97: Irish Transit Insurance Sub-Category –Number of Policies Sold (Thousand), 2012–2017
Table 98: Irish Transit Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Table 99: Irish Transit Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Table 100: Irish Non-Life Insurance – Direct Marketing Commission Paid (EUR Billion), 2008–2012
Table 101: Irish Non-Life Insurance – Direct Marketing Commission Paid (EUR Billion), 2012–2017
Table 102: Irish Non-Life Insurance – Written Premium Through Direct Marketing (EUR Billion), 2008–2012
Table 103: Irish Non-Life Insurance – Written Premium Through Direct Marketing (EUR Billion), 2012–2017
Table 104: Irish Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand),2008–2012
Table 105: Irish Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2012–2017
Table 106: Irish Non-Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Table 107: Irish Non-Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Table 108: Irish Non-Life Insurance – E-Commerce Commission Paid (EUR Billion), 2008–2012
Table 109: Irish Non-Life Insurance– E-Commerce Commission Paid (EUR Billion), 2012–2017
Table 110: Irish Non-Life Insurance– Written Premium Through E-Commerce (EUR Billion), 2008–2012
Table 111: Irish Non-Life Insurance – Written Premium Through E-Commerce (EUR Billion), 2012–2017
Table 112: Irish Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2008–2012
Table 113: Irish Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2012–2017
Table 114: Irish Non-Life Insurance – Number of E-Commerce Distributors, 2008–2012
Table 115: Irish Non-Life Insurance – Number of E-Commerce Distributors, 2012–2017
Table 116: Irish Non-Life Insurance – Commission Paid to Brokers (EUR Billion), 2008–2012
Table 117: Irish Non-Life Insurance– Commission Paid to Brokers (EUR Billion), 2012–2017
Table 118: Irish Non-Life Insurance – Written Premium Through Brokers (EUR Billion), 2008–2012
Table 119: Irish Non-Life Insurance – Written Premium Through Brokers (EUR Billion), 2012–2017
Table 120: Irish Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2008–2012
Table 121: Irish Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2012–2017
Table 122: Irish Non-Life Insurance – Number of Brokers, 2008–2012
Table 123: Irish Non-Life Insurance – Number of Brokers, 2012–2017
Table 124: Irish Non-Life Insurance – Commission Paid to Other Channels (EUR Billion), 2008–2012
Table 125: Irish Non-Life Insurance – Commission Paid to Other Channels (EUR Billion), 2012–2017
Table 126: Irish Non-Life Insurance – Written Premium Through Other Channels (EUR Billion), 2008–2012
Table 127: Irish Non-Life Insurance – Written Premium Through Other Channels (EUR Billion), 2012–2017
Table 128: Irish Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2008–2012
Table 129: Irish Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2012–2017
Table 130: Irish Non-Life Insurance – Number of Distributors in Other Channels, 2008–2012
Table 131: Irish Non-Life Insurance – Number of Distributors in Other Channels, 2012–2017
Table 132: Other Corporate Taxes in Ireland
Table 133: Irish Premium Ceded to Reinsurance by Category (EUR Billion), 2008–2012
Table 134: Irish Premium Ceded to Reinsurance by Category (US$ Billion), 2008–2012
Table 135:  Irish Premium Ceded to Reinsurance by Category (EUR Billion), 2012–2017
Table 136: Irish Premium Ceded to Reinsurance by Category (US$ Billion), 2012–2017
Table 137: Irish Premium Ceded to Reinsurance by Segment (EUR Billion), 2008–2012
Table 138: Irish Premium Ceded to Reinsurance by Segment (US$ Billion), 2008–2012
Table 139: Irish Premium Ceded to Reinsurance by Segment (EUR Billion), 2012–2017
Table 140: Irish Premium Ceded to Reinsurance by Segment (US$ Billion), 2012–2017
Table 141: Irish Life Insurance Segment – Percentage of Reinsurance Ceded (%), 2008–2012
Table 142: Irish Life Insurance Segment – Percentage of Reinsurance Ceded (%), 2012–2017
Table 143: Irish Non-Life Insurance Segment Share (%), 2008–2010
Table 144: Aviva, Key Facts
Table 145: Aviva, Key Financials (EUR Million)
Table 146: QUINN Insurance Limited, Key Facts
Table 147: Quinn Insurance Ltd., Key Financials (EUR Million)
Table 148: Axa Insurance Ltd., Key Facts
Table 149: Axa Insurance Ltd., Key Financials (EUR Million)
Table 150: Allianz Plc, Key Facts
Table 151: Allianz Plc, Key Financials (EUR Million)
Table 152: RSA, Key Facts
Table 153: RSA, Key Financials (EUR Million)
Table 154: CACI Non-Life Limited, Key Facts
Table 155: CACI Non-Life Limited, Key Financials (EUR Million)
Table 156: FBD, Key Facts
Table 157: FBD, Key Financials (EUR Million)
Table 158: Euro Insurances Ltd., Key Facts
Table 159: Euro Insurances Ltd., Key Financials (EUR Million)

List of Figures

Figure 1: Irish Insurance Industry Written Premium by Segment (EUR Billion), 2008–2017
Figure 2: Irish Insurance Market Dynamics by Segment, 2008–2017
Figure 3: Irish Non-Life Insurance Written Premium by Category (EUR Billion),  2008–2017
Figure 4: Irish Non-Life Insurance Written Premium by Category (Percentage Share), 2012
Figure 5: Irish Non-life Insurance Segment Dynamics by Category, 2008–2017
Figure 6: Irish Non-Life Insurance– Earned Premium (EUR Billion), 2008–2012
Figure 7: Irish Non-Life Insurance – Earned Premium (EUR Billion), 2012–2017
Figure 8: Irish Non-Life Insurance – Paid Claims by Category (EUR Billion), 2008–2017
Figure 9: Irish Non-Life Insurance – Incurred Loss by Category (EUR Billion), 2008–2017
Figure 10: Irish Non-Life Insurance – Loss Ratio (%), 2008–2012
Figure 11: Irish Non-Life Insurance – Loss Ratio (%), 2012–2017
Figure 12: Irish Non-Life Insurance – Commission and Expenses (EUR Billion), 2008–2012
Figure 13: Irish Non-Life Insurance – Commission and Expenses (EUR Billion), 2012–2017
Figure 14: Irish Non-Life Insurance – Combined Ratio (%), 2008–2012
Figure 15: Irish Non-Life Insurance – Combined Ratio (%), 2012–2017
Figure 16: Irish Non-Life Insurance – Frauds and Crimes (EUR Billion), 2008–2012
Figure 17: Irish Non-Life Insurance – Frauds and Crimes (EUR Billion), 2012–2017
Figure 18: Irish Non-Life Insurance – Total Assets (EUR Billion), 2008–2012
Figure 19: Irish Non-Life Insurance – Total Assets (EUR Billion), 2012–2017
Figure 20: Irish Non-Life Insurance – Total Investment Income (EUR Billion), 2008–2012
Figure 21: Irish Non-Life Insurance – Total Investment Income (EUR Billion), 2012–2017
Figure 22: Irish Non-Life Insurance – Retentions (EUR Billion), 2008–2012
Figure 23: Irish Non-Life Insurance – Retentions (EUR Billion), 2012–2017
Figure 24: Irish Non-Life Insurance – Investment Portfolio (EUR Billion), 2008–2012
Figure 25: Irish Non-Life Insurance – Investment Portfolio (Percentage Share), 2012
Figure 26: Irish Non-Life Insurance Penetration (Percentage of GDP), 2008–2012
Figure 27: Irish Non-Life Insurance – Number of Policies Sold (Thousand), 2008–2012
Figure 28: Irish Non-Life Insurance – Number of Policies Sold (Thousand), 2012–2017
Figure 29: Irish Non-Life Insurance – Premium Per Capita (EUR), 2008–2012
Figure 30: Irish Property Insurance Written Premium (EUR Billion) by Sub-Category, 2008–2017
Figure 31: Irish Property Insurance Market Dynamics by Sub-Category, 2008–2017
Figure 32: Irish Property Insurance Category – Loss Ratio (%), 2008–2012
Figure 33: Irish Property Insurance Category – Loss Ratio (%), 2012–2017
Figure 34: Irish Fire and Allied Perils Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 35: Irish Fire and Allied Perils Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 36: Irish Fire and Allied Perils Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Figure 37: Irish Fire and Allied Perils Insurance Sub-Category–Written Premium (EUR Billion),2012–2017
Figure 38: Irish Engineering Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 39: Irish Engineering Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 40: Irish Engineering Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Figure 41: Irish Engineering Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Figure 42: Irish Other Property Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 43: Irish Other Property Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 44: Irish Other Property Insurance Sub-Category – Written Premium (EUR Billion),2008–2012
Figure 45: Irish Other Property Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Figure 46: Irish Motor Insurance Written Premium by Sub-Category (EUR Billion), 2008–2017
Figure 47: Irish Motor Insurance Market Dynamics by Sub-Category, 2008–2017
Figure 48: Irish Motor Insurance Category – Loss Ratio (%), 2008–2012
Figure 49: Irish Motor Insurance Category – Loss Ratio (%), 2012–2017
Figure 50: Irish Motor Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 51: Irish Motor Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 52: Irish Motor Hull Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Figure 53: Irish Motor Hull Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Figure 54: Irish Motor Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 55: Irish Motor Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 56: Irish Motor Third-Party Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Figure 57: Irish Motor Third-Party Insurance Sub-Category – Written Premium (EUR Billion),2012–2017
Figure 58: Irish General Third-Party Insurance Category – Number of Policies Sold (Thousand), 2008–2012
Figure 59: Irish General Third-Party Insurance Category – Number of Policies Sold (Thousand), 2012–2017
Figure 60: Irish General Third-Party Insurance Category by Written Premium (EUR Billion), 2008–2012
Figure 61: Irish General Third-Party Insurance Category by Written Premium (EUR Billion), 2012–2017
Figure 62: General Third-Party Insurance Category – Loss Ratio (%), 2008–2012
Figure 63: Irish General Third-Party Insurance Category– Loss Ratio (%), 2012–2017
Figure 64: Irish Marine, Aviation and Transit Insurance Written Premium (EUR Billion) by Sub-Category, 2008–2017
Figure 65: Irish Marine, Aviation and Transit Insurance Market Dynamics by Sub-Category, 2008–2017
Figure 66: Irish Marine, Aviation and Transit Insurance Category – Loss Ratio (%), 2008–2012
Figure 67: Irish Marine, Aviation and Transit Insurance Category – Loss Ratio (%), 2012–2017
Figure 68: Irish Marine Insurance Written Premium by Sub-Category (EUR Billion), 2008–2017
Figure 69: Irish Marine Insurance Market Dynamics by Sub-Category, 2008–2017
Figure 70: Irish Marine Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 71: Irish Marine Hull Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 72: Irish Marine Hull Insurance Sub-Category–Written Premium (EUR Billion), 2008–2012
Figure 73: Irish Marine Hull Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Figure 74: Irish Marine Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 75: Irish Marine Third-Party Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 76: Irish Marine Third-Party Insurance Sub-Category–Written Premium (EUR Billion), 2008–2012
Figure 77: Irish Marine Third-Party Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Figure 78: Irish Aviation Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 79: Irish Aviation Insurance Sub-Category – Number of Policies Sold (Thousand), 2012–2017
Figure 80: Irish Aviation Insurance Sub-Category–Written Premium (EUR Billion), 2008–2012
Figure 81: Irish Aviation Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Figure 82: Irish Transit Insurance Sub-Category – Number of Policies Sold (Thousand), 2008–2012
Figure 83: Irish Transit Insurance Sub-Category–Number of Policies Sold (Thousand), 2012–2017
Figure 84: Irish Transit Insurance Sub-Category – Written Premium (EUR Billion), 2008–2012
Figure 85: Irish Transit Insurance Sub-Category – Written Premium (EUR Billion), 2012–2017
Figure 86: Irish Non-Life Insurance Written Premium by Distribution Channel (Percentage Share), 2012
Figure 87: Irish Non-Life Insurance – Direct Marketing Commission Paid (EUR Billion), 2008–2012
Figure 88: Irish Non-Life Insurance – Direct Marketing Commission Paid (EUR Billion), 2012–2017
Figure 89: Irish Non-Life Insurance – Written Premium Through Direct Marketing (EUR Billion), 2008–2012
Figure 90: Irish Non-Life Insurance – Written Premium Through Direct Marketing (EUR Billion), 2012–2017
Figure 91: Irish Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2008–2012
Figure 92: Irish Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2012–2017
Figure 93: Irish Non-Life Insurance – Number of Direct Marketing Distributors, 2008–2012
Figure 94: Irish Non-Life Insurance – Number of Direct Marketing Distributors, 2012–2017
Figure 95: Irish Non-Life Insurance – E-Commerce Commission Paid (EUR Billion), 2008–2012
Figure 96: Irish Non-Life Insurance – E-Commerce Commission Paid (EUR Billion), 2012–2017
Figure 97: Irish Non-Life Insurance– Written Premium Through E-Commerce (EUR Billion), 2008–2012
Figure 98: Irish Non-Life Insurance – Written Premium Through E-Commerce (EUR Billion), 2012–2017
Figure 99: Irish Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2008–2012
Figure 100: Irish Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2012–2017
Figure 101: Irish Non-Life Insurance – Number of E-Commerce Distributors, 2008–2012
Figure 102: Irish Non-Life Insurance – Number of E-Commerce Distributors, 2012–2017
Figure 103: Irish Non-Life Insurance – Commission Paid to Brokers (EUR Billion), 2008–2012
Figure 104: Irish Non-Life Insurance– Commission Paid to Brokers (EUR Billion), 2012–2017
Figure 105: Irish Non-Life Insurance – Written Premium Through Brokers (EUR Billion), 2008–2012
Figure 106: Irish Non-Life Insurance – Written Premium Through Brokers (EUR Billion), 2012–2017
Figure 107: Irish Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2008–2012
Figure 108: Irish Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2012–2017
Figure 109: Irish Non-Life Insurance – Number of Brokers, 2008–2012
Figure 110: Irish Non-Life Insurance – Number of Brokers, 2012–2017
Figure 111: Irish Non-Life Insurance – Commission Paid to Other Channels (EUR Billion), 2008–2012
Figure 112: Irish Non-Life Insurance – Commission Paid to Other Channels (EUR Billion), 2012–2017
Figure 113: Irish Non-Life Insurance – Written Premium Through Other Channels (EUR Billion), 2008–2012
Figure 114: Irish Non-Life Insurance – Written Premium Through Other Channels (EUR Billion), 2012–2017
Figure 115: Irish Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2008–2012
Figure 116: Irish Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2012–2017
Figure 117: Irish Non-Life Insurance – Number of Distributors in Other Channels, 2008–2012
Figure 118: Irish Non-Life Insurance – Number of Distributors in Other Channels, 2012–2017
Figure 119: Insurance Regulatory Framework in Ireland
Figure 120: The Three Pillars of Solvency II
Figure 121: Insurance Supervision and Control at Various Levels
Figure 122: Insurance Regulatory Frameworks for Company Registration and Operation
Figure 123: Irish Non-life Insurance Segment – Five Forces Analysis
Figure 124: Irish Premium Ceded to Reinsurance by Category (EUR Billion), 2008–2017
Figure 125: Irish Premium Ceded to Reinsurance by Category (% Share), 2012 and 2017
Figure 126: Irish Reinsurance Dynamics by Category (%), 2008–2017
Figure 127: Irish Premium Ceded to Reinsurance by Segment (EUR Billion), 2008–2017
Figure 128: Irish Reinsurance Segment Dynamics by Segment (%), 2008–2017
Figure 129: Irish Life Insurance Segment – Percentage of Reinsurance Ceded (%), 2008–2012
Figure 130: Irish Life Insurance Segment – Percentage of Reinsurance Ceded (%), 2012–2017
Figure 131: Irish Non-Life Insurance Segment Share (%), 2010
Figure 132: Gross Written Premium – Top-Five Irish Non-life Insurers, 2010
Figure 133: Net Earned Premium – Top-Five Irish Non-life Insurers, 2010
Figure 134: Paid Claims – Top-Five Irish Non-life Insurers, 2010
Figure 135: Irish Stock Exchange Market Capitalization (US$ Billion), 2007–2011
Figure 136: Irish GDP at Constant Prices (US$ Billion), 2007–2011
Figure 137: Irish GDP Per Capita at Constant Prices (US$), 2007–2011
Figure 138: Irish GDP at Current Prices (US$ Billion), 2007–2011
Figure 139: Irish GDP Per Capita at Current Prices (US$), 2007–2011
Figure 140: Irish GDP by Key Sectors (%) 2009 and 2011
Figure 141: Irish Agricultural Net Output at Current Prices (EUR Billion), 2007–2011
Figure 142: Irish Agricultural Net Output at Current Prices (US$ Billion), 2007–2011
Figure 143: Irish Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 144: Irish Manufacturing Net Output at Current Prices (EUR Billion), 2007–2011
Figure 145: Irish Manufacturing Net Output at Current Prices (US$ Billion), 2007–2011
Figure 146: Irish Manufacturing Net Output at Current Prices as a Percentage of GDP (%),         2007–2011
Figure 147: Irish Mining, Manufacturing and Utilities Net Output at Current Price

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