Research and Markets: A Comprehensive Overview of the Austrian Insurance Market Intelligence

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/2b4e55/austria_insurance) has
announced the addition of the "Austria Insurance Market Intelligence" report to
their offering.

The Austrian insurance market is one of the most developed markets in
Continental Europe because of the high risk awareness (natural perils) and the
resultant demand for coverage among the population. Moreover, the growing
preference for life insurance policies as a form of pension provision, which
ensures dividends through guaranteed interest payments, has also added to the
growth of the insurance industry in Austria. In addition, the industry has been
recording growth on account of the expanding economy and developing industrial
and services sector. Along with the market growth factors, economic drivers,
like increasing wages & salaries, social contribution, growing industrial
output, exports, etc., have also supported the industry growth over the years.

The Austrian insurance market is categorized into three segments: life, non-life
& accident, and health insurance. The private health insurance is a part of the
statutory health insurance business in the country. The non-life/ accident
business has witnessed a growing demand due to rising demand for insurance
against natural catastrophes among the Austrians. The life insurance segment has
exhibited growth, mainly due to the rising demand for unit-linked life and
pension products. Increasing exports, strong industrialization base, expanding
services segment, resultant rise in employment opportunities and disposable
income together contributed to the growth of household expenditure, which, in
turn, would have a positive impact on the Austrian insurance market.

The present report gives an overview of the Austrian insurance market along with
an analysis of the country's political structure and economic growth. The report
provides an insight into the market size and growth in insurance premiums as
well as life and non-life premiums. Insurance premiums are discussed in terms of
life and non-life segments and the density and penetration levels. The various
developments and drivers are also discussed and finally the projections
regarding premium growth are given.

By combining SPSS Inc.'s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the Austrian insurance
industry. We employed various significant variables that have an impact on this
industry and created regression models with SPSS Base to determine the future
direction of the industry and its sub-segments life and non-life insurance.
Before deploying the regression model, the relationship between several
independent or predictor variables and the dependent variable was analyzed using
standard SPSS output, including charts, tables and tests.

Some Key Topics Covered:

1. Industry Snapshot
1.1 Industry Structure
1.2 Market Overview

2. Industry Analysis
2.1 Industry Developments
2.2 Market Drivers

3. Country Analysis: Risk Assessment
3.1 Political Environment
3.2 Macro-Economic Indicators: Current and Projections

4. Industry Outlook: Forecast and Projections
4.1 Growing Elderly Population and Security to Drive Insurance Products Demand
4.2 Pension Products Expected to Register Growth, Backed by Government Measures
4.3 Protection against Natural Disasters to Drive Non-Life Segment
4.4 Economic Rebound and Increase in Income, Larger Demand for Insurance

For more information visit
http://www.researchandmarkets.com/research/2b4e55/austria_insurance

Research and Markets
Laura Wood, Senior Manager
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
press@researchandmarkets.com

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