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Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Dutch non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in The Netherlands' insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the The Netherlands non-life (P&C) market as well as trends by line of business. Axco analysts also report on The Netherlands' economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes The Netherlands' insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in The Netherlands, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in The Netherlands, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in The Netherlands with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
One specific feature of the Dutch non-life market is the statutory compulsion to effect health insurance, which class is by far the largest in premium volume, but is dealt with by the Axco Life and Benefits report. Of the balance of non-life premium volume, the two major components are motor and property (including business interruption, engineering and construction), accounting for 42.85% and 32.57% of non-health income respectively. Whilst other classes are written in the country, and indeed are well-developed - marine and transport, trade credit, bonding, liabilities including financial lines, after the event legal expenses - huge but unaccounted for volumes of premium are either written offshore or by local ....
This is a brief extract of information; more updated information may be available in the latest published report.