Synopsis
The report provides detailed market analysis, information and insights into the Hungarian personal accident and health insurance market, including:
Summary
Despite the global financial crisis, the Hungarian personal accident and health insurance segment continued to record growth during the review period (2007–2011). Changing lifestyle patterns and the increased profile of certain diseases has significantly impacted Hungarian healthcare expenditure. Consequently, a rising number of consumers have voluntarily chosen to purchase private health insurance policies on top of the insurance provided by employers and the government. Over the forecast period the segment’s growth will be supported by the increased participation of private health insurers in the wake of rising healthcare expenditure and government support through tax exemption for personal accident and health insurance products.
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Hungary:
Reasons To Buy
Key Highlights
The report provides detailed market analysis, information and insights into the Hungarian personal accident and health insurance market, including:
- The Hungarian personal accident and health insurance market’s growth prospects by personal accident and health insurance categories
- The various distribution channels in Hungarian personal accident and health insurance market
- The competitive landscape in the personal accident and health insurance market in Hungary
- A description of the personal accident and health reinsurance market in Hungary
Summary
Despite the global financial crisis, the Hungarian personal accident and health insurance segment continued to record growth during the review period (2007–2011). Changing lifestyle patterns and the increased profile of certain diseases has significantly impacted Hungarian healthcare expenditure. Consequently, a rising number of consumers have voluntarily chosen to purchase private health insurance policies on top of the insurance provided by employers and the government. Over the forecast period the segment’s growth will be supported by the increased participation of private health insurers in the wake of rising healthcare expenditure and government support through tax exemption for personal accident and health insurance products.
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Hungary:
- It provides historical values for the Hungarian personal accident and health insurance market for the review period (2007–2011) and forecast figures for the 2012–2016 forecast period
- It offers a detailed analysis of the key sub-segments in the Hungarian personal accident and health insurance market, along with market forecasts until 2016
- 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 personal accident and health insurance products in Hungary
- Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Hungary for the personal accident and health insurance business
- It provides a detailed analysis of the reinsurance market in Hungary and its growth prospects
- It profiles the top personal accident and health insurance companies in Hungary and outlines the key regulations affecting them
Reasons To Buy
- Make strategic business decisions using in depth historic and forecast market data related to the Hungarian personal accident and health insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Hungarian personal accident and health insurance market
- Assess the competitive dynamics in the personal accident and health 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 Hungarian insurance market and its impact on companies and the market's future
Key Highlights
- Changing lifestyle patterns and the increased profile of certain diseases has significantly impacted Hungarian healthcare expenditure.
- The main reason behind Hungary’s rising healthcare expenditure can be attributed to the fact that consumers are inclined to consider private healthcare in order to receive a better quality of service.
- The Hungarian personal accident and health insurance segment is highly consolidated and dominated by foreign insurers during the review period. In order to remain competitive in the market, major insurers are offering products and services at a lower price.
- The key companies in the Hungarian personal accident and health insurance segment include Generali Providencia Insurance, Groupama Garancia Insurance, AEGON Magyarorszag Altalanos Biztosito Zrt, UNIQA Insurance and Union Biztosito.
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 HUNGARIAN INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT OUTLOOK
4.1 Personal Accident and Health Insurance Growth Prospects by Category
4.1.1 Personal accident category
4.1.2 Travel insurance category
4.1.3 Health insurance category
5 ANALYSIS BY DISTRIBUTION CHANNELS
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 Other Channels
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – HUNGARIAN PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT
7.1 Bargaining power of supplier: Low to Medium
7.2 Bargaining power of buyer: Medium to High
7.3 Barriers to entry: Medium
7.4 Intensity of rivalry: High
7.5 Threat of substitutes: High
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Hungarian Personal Accident and Health Insurance Segment
9.3 Generali-Providencia Biztosito Zrt. – Company Overview
9.3.1 Generali-Providencia Biztosito Zrt. – key facts
9.3.2 Generali-Providencia Biztosito Zrt. – main products
9.3.3 Generali-Providencia Biztosito Zrt. – main competitors
9.3.4 Generali-Providencia Biztosito Zrt. – key employees
9.4 Groupama Garancia Biztosito – Company Overview
9.4.1 Groupama Garancia Biztosito – key facts
9.4.2 Groupama Garancia Biztosito – main products
9.4.3 Groupama Garancia Biztosito – main competitors
9.4.4 Groupama Garancia Biztosito – key employees
9.5 AEGON Hungary General Insurance Company – Company Overview
9.5.1 AEGON Hungary General Insurance Company – key facts
9.5.2 AEGON Hungary General Insurance Company – main products
9.5.3 AEGON Hungary General Insurance Company – main competitors
9.5.4 AEGON Hungary General Insurance Company – key employees
9.6 UNIQA GROUP – Company Overview
9.6.1 UNIQA GROUP – key facts
9.6.2 UNIQA GROUP – main products
9.6.3 UNIQA GROUP – main competitors
9.6.4 UNIQA GROUP – key employees
9.7 Chartis Hungary – Company Overview
9.7.1 Chartis Hungary – key facts
9.7.2 Chartis Hungary – main products
9.7.3 Chartis Hungary – main competitors
9.7.4 Chartis Hungary – key employees
9.8 Allianz Hungaria Zrt. – Company Overview
9.8.1 Allianz Hungaria Zrt. – key facts
9.8.2 Allianz Hungaria Zrt. – main products
9.8.3 Allianz Hungaria Zrt. – main competitors
9.8.4 Allianz Hungaria Zrt. – key employees
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Business confidence indicator
10.1.2 Market capitalization trend – Budapest Stock Exchange, Hungary
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollar)
10.2.2 GDP per capita at constant prices (US dollar)
10.2.3 GDP at current prices (US dollar)
10.2.4 GDP per capita at current prices (US dollar)
10.2.5 GDP by key segments
10.2.6 Agricultural net output at current prices (Hungarian forints)
10.2.7 Agricultural net output at current prices (US dollars)
10.2.8 Agricultural net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Hungarian forints)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Hungarian forints)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Hungarian forints)
10.2.16 Construction net output at current prices (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports as a percentage of GDP
10.2.21 Imports as a percentage of GDP
10.2.22 Exports growth
10.2.23 Imports growth
10.2.24 Annual average exchange rate US$–HUF
10.2.25 End-of-period exchange rate US$–HUF
10.3 Infrastructure Quality and Availability
10.3.1 Total airports and sea ports
10.3.2 Railways and roadways
10.3.3 Passenger vehicle production volume
10.3.4 Commercial vehicle production volume
10.3.5 Automotive component exports trend
10.3.6 Automotive component imports trend
10.3.7 Passenger car penetration
10.3.8 Healthcare expenditure
10.3.9 Healthcare expenditure as a percentage of GDP
10.3.10 Healthcare expenditure per capita
10.3.11 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Female percentage of population
10.5.6 Male percentage of population
10.5.7 Mean age of the population
10.5.8 Median age of population
10.5.9 Population density
10.5.10 Age distribution of the total population
10.5.11 Age distribution of the male population
10.5.12 Age distribution of the female population
10.5.13 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Hungary Insurance Overall Written Premium by Segment (HUF Billion), 2007–2011
Table 3: Hungary Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Hungary Insurance Overall Written Premium by Segment (HUF Billion), 2011–2016
Table 5: Hungary Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Hungary Insurance Segmentation (%), 2007–2016
Table 7: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2007–2011
Table 8: Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2011–2016
Table 10: Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2007–2011
Table 12: Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2007–2011
Table 13: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2011–2016
Table 14: Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2011–2016
Table 15: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2007–2011
Table 16: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2011–2016
Table 17: Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Table 18: Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Table 19: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2007–2011
Table 20: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2011–2016
Table 21: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2007–2011
Table 22: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2011–2016
Table 23: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2007–2011
Table 24: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2011–2016
Table 25: Personal Accident and Health Insurance – Retentions (HUF Billion), 2007–2011
Table 26: Personal Accident and Health Insurance – Retentions (HUF Billion), 2011–2016
Table 27: Personal Accident Insurance Category by Volume (Thousand), 2007–2011
Table 28: Personal Accident Insurance Category by Volume (Thousand), 2011–2016
Table 29: Personal Accident Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 30: Personal Accident Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 31: Travel Insurance Category by Volume (Thousand), 2007–2011
Table 32: Travel Insurance Category by Volume (Thousand), 2011–2016
Table 33: Travel Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 34: Travel Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 35: Health Insurance Category by Volume (Thousand), 2007–2011
Table 36: Health Insurance Category by Volume (Thousand), 2011–2016
Table 37: Health Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 38: Health Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 39: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2007–2011
Table 40: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2011–2016
Table 41: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2007–2011
Table 42: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2011–2016
Table 43: Personal Accident and Health Insurance – Policies Through Direct Marketing (Thousand), 2007–2011
Table 44: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 45: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 46: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 47: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2007–2011
Table 48: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2011–2016
Table 49: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2007–2011
Table 50: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2011–2016
Table 51: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 52: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 53: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Table 54: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Table 55: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2007–2011
Table 56: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2011–2016
Table 57: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2007–2011
Table 58: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2011–2016
Table 59: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 60: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 61: Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Table 62: Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Table 63: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2007–2011
Table 64: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2011–2016
Table 65: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2007–2011
Table 66: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2011–2016
Table 67: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 68: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 69: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Table 70: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Table 71: Reinsurance Ceded by Type of Insurance (HUF Billion), 2007–2011
Table 72: Reinsurance Ceded by Type of Insurance (US$ Billion), 2007–2011
Table 73: Reinsurance Ceded by Type of Insurance (HUF Billion), 2011–2016
Table 74: Reinsurance Ceded by Type of Insurance (US$ Billion), 2011–2016
Table 75: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 76: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 77: Personal Accident and Health Insurance Companies, Hungary
Table 78: Generali-Providencia Biztosito Zrt., Key Facts
Table 79: Generali-Providencia Biztosito Zrt., Main Products
Table 80: Generali-Providencia Biztosito Zrt., Key Employees
Table 81: Groupama Garancia Biztosito, Key Facts
Table 82: Groupama Garancia Biztosito, Main Products
Table 83: Groupama Garancia Biztosito, Key Employees
Table 84: AEGON Hungary General Insurance Company, Key Facts
Table 85: AEGON Hungary General Insurance Company, Main Products
Table 86: AEGON Hungary General Insurance Company, Key Employees
Table 87: UNIQA GROUP, Key Facts
Table 88: UNIQA GROUP, Main Products
Table 89: UNIQA GROUP, Key Employees
Table 90: Chartis Hungary, Key Facts
Table 91: Chartis Hungary, Main Products
Table 92: Chartis Hungary, Key Employees
Table 93: Allianz Hungaria Zrt., Key Facts
Table 94: Allianz Hungaria Zrt., Main Products
Table 95: Allianz Hungaria Zrt., Key Employees
LIST OF FIGURES
Figure 1: Hungarian Insurance – Overall Written Premium by Insurance Segment (HUF Billion), 2007–2016
Figure 2: Hungary Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2007–2016
Figure 4: Personal Accident and Health Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Personal Accident and Health Insurance Dynamics by Category, 2007–2016
Figure 6: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2007–2016
Figure 7: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2007–2011
Figure 8: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2011–2016
Figure 9: Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Figure 10: Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Figure 11: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2007–2011
Figure 12: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2011–2016
Figure 13: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2007–2011
Figure 14: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2011–2016
Figure 15: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2007–2011
Figure 16: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2011–2016
Figure 17: Personal Accident and Health Insurance – Retentions (HUF Billion), 2007–2011
Figure 18: Personal Accident and Health Insurance – Retentions (HUF Billion), 2011–2016
Figure 19: Personal Accident and Health Insurance – Investment by Type of Investment (HUF Billion), 2007–2011
Figure 20: Personal Accident and Health Insurance – Investment by Type of Investment (% Share), 2007 and 2011
Figure 21: Personal Accident and Health Insurance – Density and Penetration (%), 2007–2011
Figure 22: Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 23: Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 24: Personal Accident and Health Insurance – Premium Per Capita (HUF), 2007–2011
Figure 25: Personal Accident Insurance Category by Volume (Thousand), 2007–2011
Figure 26: Personal Accident Insurance Category by Volume (Thousand), 2011–2016
Figure 27: Personal Accident Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 28: Personal Accident Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 29: Travel Insurance Category by Volume (Thousand), 2007–2011
Figure 30: Travel Insurance Category by Volume (Thousand), 2011–2016
Figure 31: Travel Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 32: Travel Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 33: Health Insurance Category by Volume (Thousand), 2007–2011
Figure 34: Non-Life Health Insurance Category by Volume (Thousand), 2011–2016
Figure 35: Health Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 36: Health Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 37: Personal Accident and Health Insurance New Business Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 38: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2007–2011
Figure 39: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2011–2016
Figure 40: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2007–2011
Figure 41: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2011–2016
Figure 42: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 43: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 44: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 45: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 46: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2007–2011
Figure 47: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2011–2016
Figure 48: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2007–2011
Figure 49: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2011–2016
Figure 50: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 51: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 52: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 53: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 54: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2007–2011
Figure 55: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2011–2016
Figure 56: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2007–2011
Figure 57: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2011–2016
Figure 58: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 59: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 60: Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Figure 61: Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Figure 62: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2007–2011
Figure 63: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2011–2016
Figure 64: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2007–2011
Figure 65: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2011–2016
Figure 66: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 67: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 68: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 69: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 70: Hungarian Personal Accident and Health Insurance – Five Forces Analysis
Figure 71: Reinsurance Ceded by Type of Insurance (HUF Billion), 2007–2016
Figure 72: Reinsurance Market Dynamics by Type of Insurance, 2007–2016
Figure 73: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 74: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 75: Hungarian Business Confidence Indicator, Q1 2009–Q4 2011
Figure 76: Budapest Stock Exchange Market Capitalization (US$ Billion), 2007–2011
Figure 77: Hungarian GDP at Constant Prices (US$ Billion), 2007–2011
Figure 78: Hungarian GDP Per Capita at Constant Prices (US$), 2007–2011
Figure 79: Hungarian GDP at Current Prices (US$ Billion), 2007–2011
Figure 80: Hungarian GDP Per Capita at Current Prices (US$), 2007–2011
Figure 81: Hungarian GDP by Key Segments (%) 2009 and 2011
Figure 82: Hungarian Agricultural Net Output at Current Prices (HUF Billion), 2007–2011
Figure 83: Hungarian Agricultural Net Output at Current Prices (US$ Billion), 2007–2011
Figure 84: Hungarian Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 85: Hungarian Manufacturing Net Output at Current Prices (HUF Billion), 2007–2011
Figure 86: Hungarian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2011
Figure 87: Hungarian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 88: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices (HUF Billion), 2007–2011
Figure 89: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2011
Figure 90: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007–2011
Figure 91: Hungarian Construction Net Output at Current Prices (HUF Billion), 2007–2011
Figure 92: Hungarian Construction Net Output at Current Prices (US$ Billion), 2007– 2011
Figure 93: Hungarian Construction Output at Current Prices as a Percentage of GDP, 2007–2011
Figure 94: Hungarian Inflation Rate (%), 2007–2011
Figure 95: Hungarian Current Account Balance as a Percentage of GDP, 2007–2011
Figure 96: Hungarian Exports as a Percentage of GDP (%), 2007–2011
Figure 97: Hungarian Imports as a Percentage of GDP (%), 2007–2011
Figure 98: Hungarian Exports Growth (%), 2007–2011
Figure 99: Hungarian Imports Growth (%), 2007–2011
Figure 100: Hungarian Annual Average Exchange Rate US$–HUF, 2007–2011
Figure 101: Hungarian End-of-Period Exchange Rate US$–HUF, 2007–2011
Figure 102: Total Number of Hungarian Airports and Sea Ports, 2011
Figure 103: Hungarian Railways and Roadways (Kilometers), 2011
Figure 104: Hungarian Passenger Vehicle Production, 2007–2011
Figure 105: Hungarian Commercial Vehicle Production, 2007–2011
Figure 106: Hungarian Automotive Component Exports (US$ Billion), 2007–2011
Figure 107: Hungarian Automotive Component Imports (US$ Billion), 2007–2011
Figure 108: Hungarian Passenger Car Penetration (per thousand people), 2007–2011
Figure 109: Hungarian Healthcare Expenditure (US$ Billion), 2007–2011
Figure 110: Hungarian Healthcare Expenditure as a Percentage of GDP (%), 2007–2011
Figure 111: Hungarian Per Capita Healthcare Expenditure (US$), 2007–2011
Figure 112: Hungarian Internet Suscriptions (Million), 2007–2011
Figure 113: Hungarian Size of Labor Force in 15–59 Age Group (Million), 2007–2011
Figure 114: Hungarian Unemployment Rate (%), 2007–2011
Figure 115: Hungarian Annual Disposable Income (US$ Billion), 2007–2011
Figure 116: Hungarian Annual Per Capita Disposable Income (US$), 2007–2011
Figure 117: Hungarian Total Population (Million), 2007–2011
Figure 118: Hungarian Urban and Rural Population (%), 2007–2011
Figure 119: Hungarian Female as Percentage of Population (%), 2007–2011
Figure 120: Hungarian Male as Percentage of Population (%), 2007–2011
Figure 121: Hungarian Mean Age of Population (Year), 2007–2011
Figure 122: Hungarian Median Age of Population (Year), 2007–2011
Figure 123: Hungarian Population Density (per Square Kilometer), 2007–2011
Figure 124: Hungarian Population Distribution by Age (%), 2007–2011
Figure 125: Hungarian Male Population Distribution by Age (%), 2007–2011
Figure 126: Hungarian Female Population Distribution by Age (%), 2007–2011
Figure 127: Hungarian Households, Number of (Million), 2007–2011
Figure 128: Global Terrorism Heat Map, 2011
Figure 129: Hungary Transparency Index, 2007–2011
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 HUNGARIAN INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT OUTLOOK
4.1 Personal Accident and Health Insurance Growth Prospects by Category
4.1.1 Personal accident category
4.1.2 Travel insurance category
4.1.3 Health insurance category
5 ANALYSIS BY DISTRIBUTION CHANNELS
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 Other Channels
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – HUNGARIAN PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT
7.1 Bargaining power of supplier: Low to Medium
7.2 Bargaining power of buyer: Medium to High
7.3 Barriers to entry: Medium
7.4 Intensity of rivalry: High
7.5 Threat of substitutes: High
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Hungarian Personal Accident and Health Insurance Segment
9.3 Generali-Providencia Biztosito Zrt. – Company Overview
9.3.1 Generali-Providencia Biztosito Zrt. – key facts
9.3.2 Generali-Providencia Biztosito Zrt. – main products
9.3.3 Generali-Providencia Biztosito Zrt. – main competitors
9.3.4 Generali-Providencia Biztosito Zrt. – key employees
9.4 Groupama Garancia Biztosito – Company Overview
9.4.1 Groupama Garancia Biztosito – key facts
9.4.2 Groupama Garancia Biztosito – main products
9.4.3 Groupama Garancia Biztosito – main competitors
9.4.4 Groupama Garancia Biztosito – key employees
9.5 AEGON Hungary General Insurance Company – Company Overview
9.5.1 AEGON Hungary General Insurance Company – key facts
9.5.2 AEGON Hungary General Insurance Company – main products
9.5.3 AEGON Hungary General Insurance Company – main competitors
9.5.4 AEGON Hungary General Insurance Company – key employees
9.6 UNIQA GROUP – Company Overview
9.6.1 UNIQA GROUP – key facts
9.6.2 UNIQA GROUP – main products
9.6.3 UNIQA GROUP – main competitors
9.6.4 UNIQA GROUP – key employees
9.7 Chartis Hungary – Company Overview
9.7.1 Chartis Hungary – key facts
9.7.2 Chartis Hungary – main products
9.7.3 Chartis Hungary – main competitors
9.7.4 Chartis Hungary – key employees
9.8 Allianz Hungaria Zrt. – Company Overview
9.8.1 Allianz Hungaria Zrt. – key facts
9.8.2 Allianz Hungaria Zrt. – main products
9.8.3 Allianz Hungaria Zrt. – main competitors
9.8.4 Allianz Hungaria Zrt. – key employees
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Business confidence indicator
10.1.2 Market capitalization trend – Budapest Stock Exchange, Hungary
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollar)
10.2.2 GDP per capita at constant prices (US dollar)
10.2.3 GDP at current prices (US dollar)
10.2.4 GDP per capita at current prices (US dollar)
10.2.5 GDP by key segments
10.2.6 Agricultural net output at current prices (Hungarian forints)
10.2.7 Agricultural net output at current prices (US dollars)
10.2.8 Agricultural net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Hungarian forints)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Hungarian forints)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Hungarian forints)
10.2.16 Construction net output at current prices (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports as a percentage of GDP
10.2.21 Imports as a percentage of GDP
10.2.22 Exports growth
10.2.23 Imports growth
10.2.24 Annual average exchange rate US$–HUF
10.2.25 End-of-period exchange rate US$–HUF
10.3 Infrastructure Quality and Availability
10.3.1 Total airports and sea ports
10.3.2 Railways and roadways
10.3.3 Passenger vehicle production volume
10.3.4 Commercial vehicle production volume
10.3.5 Automotive component exports trend
10.3.6 Automotive component imports trend
10.3.7 Passenger car penetration
10.3.8 Healthcare expenditure
10.3.9 Healthcare expenditure as a percentage of GDP
10.3.10 Healthcare expenditure per capita
10.3.11 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Female percentage of population
10.5.6 Male percentage of population
10.5.7 Mean age of the population
10.5.8 Median age of population
10.5.9 Population density
10.5.10 Age distribution of the total population
10.5.11 Age distribution of the male population
10.5.12 Age distribution of the female population
10.5.13 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Hungary Insurance Overall Written Premium by Segment (HUF Billion), 2007–2011
Table 3: Hungary Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Hungary Insurance Overall Written Premium by Segment (HUF Billion), 2011–2016
Table 5: Hungary Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Hungary Insurance Segmentation (%), 2007–2016
Table 7: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2007–2011
Table 8: Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2011–2016
Table 10: Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2007–2011
Table 12: Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2007–2011
Table 13: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2011–2016
Table 14: Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2011–2016
Table 15: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2007–2011
Table 16: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2011–2016
Table 17: Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Table 18: Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Table 19: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2007–2011
Table 20: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2011–2016
Table 21: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2007–2011
Table 22: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2011–2016
Table 23: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2007–2011
Table 24: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2011–2016
Table 25: Personal Accident and Health Insurance – Retentions (HUF Billion), 2007–2011
Table 26: Personal Accident and Health Insurance – Retentions (HUF Billion), 2011–2016
Table 27: Personal Accident Insurance Category by Volume (Thousand), 2007–2011
Table 28: Personal Accident Insurance Category by Volume (Thousand), 2011–2016
Table 29: Personal Accident Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 30: Personal Accident Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 31: Travel Insurance Category by Volume (Thousand), 2007–2011
Table 32: Travel Insurance Category by Volume (Thousand), 2011–2016
Table 33: Travel Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 34: Travel Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 35: Health Insurance Category by Volume (Thousand), 2007–2011
Table 36: Health Insurance Category by Volume (Thousand), 2011–2016
Table 37: Health Insurance Category by Written Premium (HUF Billion), 2007–2011
Table 38: Health Insurance Category by Written Premium (HUF Billion), 2011–2016
Table 39: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2007–2011
Table 40: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2011–2016
Table 41: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2007–2011
Table 42: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2011–2016
Table 43: Personal Accident and Health Insurance – Policies Through Direct Marketing (Thousand), 2007–2011
Table 44: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 45: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 46: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 47: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2007–2011
Table 48: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2011–2016
Table 49: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2007–2011
Table 50: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2011–2016
Table 51: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 52: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 53: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Table 54: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Table 55: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2007–2011
Table 56: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2011–2016
Table 57: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2007–2011
Table 58: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2011–2016
Table 59: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 60: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 61: Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Table 62: Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Table 63: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2007–2011
Table 64: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2011–2016
Table 65: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2007–2011
Table 66: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2011–2016
Table 67: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 68: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 69: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Table 70: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Table 71: Reinsurance Ceded by Type of Insurance (HUF Billion), 2007–2011
Table 72: Reinsurance Ceded by Type of Insurance (US$ Billion), 2007–2011
Table 73: Reinsurance Ceded by Type of Insurance (HUF Billion), 2011–2016
Table 74: Reinsurance Ceded by Type of Insurance (US$ Billion), 2011–2016
Table 75: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 76: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 77: Personal Accident and Health Insurance Companies, Hungary
Table 78: Generali-Providencia Biztosito Zrt., Key Facts
Table 79: Generali-Providencia Biztosito Zrt., Main Products
Table 80: Generali-Providencia Biztosito Zrt., Key Employees
Table 81: Groupama Garancia Biztosito, Key Facts
Table 82: Groupama Garancia Biztosito, Main Products
Table 83: Groupama Garancia Biztosito, Key Employees
Table 84: AEGON Hungary General Insurance Company, Key Facts
Table 85: AEGON Hungary General Insurance Company, Main Products
Table 86: AEGON Hungary General Insurance Company, Key Employees
Table 87: UNIQA GROUP, Key Facts
Table 88: UNIQA GROUP, Main Products
Table 89: UNIQA GROUP, Key Employees
Table 90: Chartis Hungary, Key Facts
Table 91: Chartis Hungary, Main Products
Table 92: Chartis Hungary, Key Employees
Table 93: Allianz Hungaria Zrt., Key Facts
Table 94: Allianz Hungaria Zrt., Main Products
Table 95: Allianz Hungaria Zrt., Key Employees
LIST OF FIGURES
Figure 1: Hungarian Insurance – Overall Written Premium by Insurance Segment (HUF Billion), 2007–2016
Figure 2: Hungary Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Personal Accident and Health Insurance Written Premium by Category (HUF Billion), 2007–2016
Figure 4: Personal Accident and Health Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Personal Accident and Health Insurance Dynamics by Category, 2007–2016
Figure 6: Personal Accident and Health Insurance – Paid Claims by Category (HUF Billion), 2007–2016
Figure 7: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2007–2011
Figure 8: Personal Accident and Health Insurance – Incurred Loss (HUF Billion), 2011–2016
Figure 9: Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Figure 10: Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Figure 11: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2007–2011
Figure 12: Personal Accident and Health Insurance – Frauds and Crimes (HUF Billion), 2011–2016
Figure 13: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2007–2011
Figure 14: Personal Accident and Health Insurance – Total Assets (HUF Billion), 2011–2016
Figure 15: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2007–2011
Figure 16: Personal Accident and Health Insurance – Total Investment Income (HUF Billion), 2011–2016
Figure 17: Personal Accident and Health Insurance – Retentions (HUF Billion), 2007–2011
Figure 18: Personal Accident and Health Insurance – Retentions (HUF Billion), 2011–2016
Figure 19: Personal Accident and Health Insurance – Investment by Type of Investment (HUF Billion), 2007–2011
Figure 20: Personal Accident and Health Insurance – Investment by Type of Investment (% Share), 2007 and 2011
Figure 21: Personal Accident and Health Insurance – Density and Penetration (%), 2007–2011
Figure 22: Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 23: Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 24: Personal Accident and Health Insurance – Premium Per Capita (HUF), 2007–2011
Figure 25: Personal Accident Insurance Category by Volume (Thousand), 2007–2011
Figure 26: Personal Accident Insurance Category by Volume (Thousand), 2011–2016
Figure 27: Personal Accident Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 28: Personal Accident Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 29: Travel Insurance Category by Volume (Thousand), 2007–2011
Figure 30: Travel Insurance Category by Volume (Thousand), 2011–2016
Figure 31: Travel Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 32: Travel Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 33: Health Insurance Category by Volume (Thousand), 2007–2011
Figure 34: Non-Life Health Insurance Category by Volume (Thousand), 2011–2016
Figure 35: Health Insurance Category by Written Premium (HUF Billion), 2007–2011
Figure 36: Health Insurance Category by Written Premium (HUF Billion), 2011–2016
Figure 37: Personal Accident and Health Insurance New Business Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 38: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2007–2011
Figure 39: Personal Accident and Health Insurance – Direct Marketing Commission Paid (HUF Billion), 2011–2016
Figure 40: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2007–2011
Figure 41: Personal Accident and Health Insurance – Written Premium Through Direct Marketing (HUF Billion), 2011–2016
Figure 42: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 43: Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 44: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 45: Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 46: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2007–2011
Figure 47: Personal Accident and Health Insurance – Bancassurance Commission Paid (HUF Billion), 2011–2016
Figure 48: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2007–2011
Figure 49: Personal Accident and Health Insurance – Written Premium Through Bancassurance (HUF Billion), 2011–2016
Figure 50: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 51: Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 52: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 53: Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 54: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2007–2011
Figure 55: Personal Accident and Health Insurance – Commission Paid to Agencies (HUF Billion), 2011–2016
Figure 56: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2007–2011
Figure 57: Personal Accident and Health Insurance – Written Premium Through Agencies (HUF Billion), 2011–2016
Figure 58: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 59: Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 60: Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Figure 61: Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Figure 62: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2007–2011
Figure 63: Personal Accident and Health Insurance – Commission Paid to Other Channels (HUF Billion), 2011–2016
Figure 64: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2007–2011
Figure 65: Personal Accident and Health Insurance – Written Premium Through Other Channels (HUF Billion), 2011–2016
Figure 66: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 67: Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 68: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 69: Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 70: Hungarian Personal Accident and Health Insurance – Five Forces Analysis
Figure 71: Reinsurance Ceded by Type of Insurance (HUF Billion), 2007–2016
Figure 72: Reinsurance Market Dynamics by Type of Insurance, 2007–2016
Figure 73: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 74: Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 75: Hungarian Business Confidence Indicator, Q1 2009–Q4 2011
Figure 76: Budapest Stock Exchange Market Capitalization (US$ Billion), 2007–2011
Figure 77: Hungarian GDP at Constant Prices (US$ Billion), 2007–2011
Figure 78: Hungarian GDP Per Capita at Constant Prices (US$), 2007–2011
Figure 79: Hungarian GDP at Current Prices (US$ Billion), 2007–2011
Figure 80: Hungarian GDP Per Capita at Current Prices (US$), 2007–2011
Figure 81: Hungarian GDP by Key Segments (%) 2009 and 2011
Figure 82: Hungarian Agricultural Net Output at Current Prices (HUF Billion), 2007–2011
Figure 83: Hungarian Agricultural Net Output at Current Prices (US$ Billion), 2007–2011
Figure 84: Hungarian Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 85: Hungarian Manufacturing Net Output at Current Prices (HUF Billion), 2007–2011
Figure 86: Hungarian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2011
Figure 87: Hungarian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 88: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices (HUF Billion), 2007–2011
Figure 89: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2011
Figure 90: Hungarian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007–2011
Figure 91: Hungarian Construction Net Output at Current Prices (HUF Billion), 2007–2011
Figure 92: Hungarian Construction Net Output at Current Prices (US$ Billion), 2007– 2011
Figure 93: Hungarian Construction Output at Current Prices as a Percentage of GDP, 2007–2011
Figure 94: Hungarian Inflation Rate (%), 2007–2011
Figure 95: Hungarian Current Account Balance as a Percentage of GDP, 2007–2011
Figure 96: Hungarian Exports as a Percentage of GDP (%), 2007–2011
Figure 97: Hungarian Imports as a Percentage of GDP (%), 2007–2011
Figure 98: Hungarian Exports Growth (%), 2007–2011
Figure 99: Hungarian Imports Growth (%), 2007–2011
Figure 100: Hungarian Annual Average Exchange Rate US$–HUF, 2007–2011
Figure 101: Hungarian End-of-Period Exchange Rate US$–HUF, 2007–2011
Figure 102: Total Number of Hungarian Airports and Sea Ports, 2011
Figure 103: Hungarian Railways and Roadways (Kilometers), 2011
Figure 104: Hungarian Passenger Vehicle Production, 2007–2011
Figure 105: Hungarian Commercial Vehicle Production, 2007–2011
Figure 106: Hungarian Automotive Component Exports (US$ Billion), 2007–2011
Figure 107: Hungarian Automotive Component Imports (US$ Billion), 2007–2011
Figure 108: Hungarian Passenger Car Penetration (per thousand people), 2007–2011
Figure 109: Hungarian Healthcare Expenditure (US$ Billion), 2007–2011
Figure 110: Hungarian Healthcare Expenditure as a Percentage of GDP (%), 2007–2011
Figure 111: Hungarian Per Capita Healthcare Expenditure (US$), 2007–2011
Figure 112: Hungarian Internet Suscriptions (Million), 2007–2011
Figure 113: Hungarian Size of Labor Force in 15–59 Age Group (Million), 2007–2011
Figure 114: Hungarian Unemployment Rate (%), 2007–2011
Figure 115: Hungarian Annual Disposable Income (US$ Billion), 2007–2011
Figure 116: Hungarian Annual Per Capita Disposable Income (US$), 2007–2011
Figure 117: Hungarian Total Population (Million), 2007–2011
Figure 118: Hungarian Urban and Rural Population (%), 2007–2011
Figure 119: Hungarian Female as Percentage of Population (%), 2007–2011
Figure 120: Hungarian Male as Percentage of Population (%), 2007–2011
Figure 121: Hungarian Mean Age of Population (Year), 2007–2011
Figure 122: Hungarian Median Age of Population (Year), 2007–2011
Figure 123: Hungarian Population Density (per Square Kilometer), 2007–2011
Figure 124: Hungarian Population Distribution by Age (%), 2007–2011
Figure 125: Hungarian Male Population Distribution by Age (%), 2007–2011
Figure 126: Hungarian Female Population Distribution by Age (%), 2007–2011
Figure 127: Hungarian Households, Number of (Million), 2007–2011
Figure 128: Global Terrorism Heat Map, 2011
Figure 129: Hungary Transparency Index, 2007–2011
