Life Insurance and other Financial Services

Netherlands Insurance Market Intelligence New Market Report Published OfficialWire (press release)

27.04.10

Growth has remained flat in the life segment since 2002 because of the abolition of tax advantages, emergence of banking products and also because of the weak performance of equity markets, which influenced the markets for unit-linked policies. The non-life segment has also shown low-growth over the years with health being the only driving factor, which, in turn, is supported by the ageing population and healthcare reforms. Following the implementation of the new healthcare system in 2006, the accident and health segment has emerged as the dominant market sector. The life insurance industry in the Netherlands is highly concentrated, where ING is the biggest life insurer, whereas Eureko is the market leader in the non-life insurance sector. The life and non-life segments are projected to grow continuously, though at a slower pace. While the health insurance segment will be aided by the ageing population, the life insurance segment will experience growth in term insurance products, pension

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ing term life insurance - News

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