Synopsis
Timetric’s "Liability Insurance in South Korea to 2020: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Liability Insurance in South Korea. This databook provides values for key performance indicators such as policies and premiums (gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies), claims & expenses (gross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%)) and segmented by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability).
The research handbook provides the up-to-date market data for period 2011-2015 and illustrative forecast to 2020. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.
Scope
Liability Insurance in South Korea to 2020: Market Size, Growth and Forecast Analytics provides you with the following:
• Overall values of policies and premiums and claims & expenses in the Liability Insurance
• Values of policies and premiums by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability)
Summary
Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy. Examples of liability insurance include Directors & Officers Liability, Workmen's Compensation & Professional Liability.
The total amount of gross written premiums in the liability insurance in South Korea is valued at KRWxxx.xx billion (US$xxx.xx billion) in 2015, which is an increase of xx.xx% from 2011. The category has recorded a CAGR of x.xx% during the review period (2011-2015).
Liability Insurance in South Korea to 2020: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in South Korea. It is an essential tool for companies active across the South Korea value chain and for new players considering to enter the market.
Reasons To Buy
• Understand the non-life insurance industry covering liability insurance life in South Korea.
• Enhance your knowledge of the market with a breakdown of data including gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP), insurance penetration (ratio of direct premiums to GDP) and number of active policies, gross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%) and segmented by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability).
• Allows you to plan future business decisions using the forecast figures given for the segment.
• The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.
Key highlights
Table Of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 CAGR Definition and Calculation
2 Liability Insurance
2.1 Policies and Premiums
2.1.1 Gross Written Premiums, 2011 - 2015
2.1.2 Gross Written Premiums Forecast, 2016 - 2020
2.1.3 Direct Written Premiums, 2011 - 2015
2.1.4 Direct Written Premiums Forecast, 2016 - 2020
2.1.5 Net Written Premiums, 2011 - 2015
2.1.6 Net Written Premium Forecast, 2016 - 2020
2.1.7 Net Written Premiums (% of GWP), 2011 - 2015
2.1.8 Net Written Premiums (% of GWP) Forecast, 2016 - 2020
2.1.9 Net Earned Premiums, 2011 - 2015
2.1.10 Net Earned Premiums Forecast, 2016 - 2020
2.1.11 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
2.1.12 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
2.1.13 Number of Active Policies, 2011 - 2015
2.1.14 Number of Active Policies Forecast, 2016 - 2020
2.2 Claims and Expenses
2.2.1 Gross Claims, 2011 - 2015
2.2.2 Gross Claims Forecast, 2016 - 2020
2.2.3 Paid Claims, 2011 - 2015
2.2.4 Paid Claims Forecast, 2016 - 2020
2.2.5 Change in Outstanding Reserves, 2011 - 2015
2.2.6 Change in Outstanding Reserves Forecast, 2016 - 2020
2.2.7 Incurred Loss, 2011 - 2015
2.2.8 Incurred Loss Forecast, 2016 - 2020
2.2.9 Loss Ratio (%), 2011 - 2015
2.2.10 Loss Ratio (%) Forecast, 2016 - 2020
3 Liability Insurance - by Product Type
3.1 Workmen's Compensation/Industrial Accident/Employer's Liability
3.1.1 Gross Written Premiums, 2011 - 2015
3.1.2 Gross Written Premiums Forecast, 2016 - 2020
3.1.3 Direct Written Premiums, 2011 - 2015
3.1.4 Direct Written Premiums Forecast, 2016 - 2020
3.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
3.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
3.1.7 Number of Active Policies, 2011 - 2015
3.1.8 Number of Active Policies Forecast, 2016 - 2020
3.2 Professional Liability
3.2.1 Gross Written Premiums, 2011 - 2015
3.2.2 Gross Written Premiums Forecast, 2016 - 2020
3.2.3 Direct Written Premiums, 2011 - 2015
3.2.4 Direct Written Premiums Forecast, 2016 - 2020
3.2.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
3.2.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
3.2.7 Number of Active Policies, 2011 - 2015
3.2.8 Number of Active Policies Forecast, 2016 - 2020
3.3 Directors and Officers
3.3.1 Number of Active Policies, 2011 - 2015
3.3.2 Number of Active Policies Forecast, 2016 - 2020
3.4 Other Liability
3.4.1 Gross Written Premiums, 2011 - 2015
3.4.2 Gross Written Premiums Forecast, 2016 - 2020
3.4.3 Direct Written Premiums, 2011 - 2015
3.4.4 Direct Written Premiums Forecast, 2016 - 2020
3.4.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
3.4.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2016 - 2020
3.4.7 Number of Active Policies, 2011 - 2015
3.4.8 Number of Active Policies Forecast, 2016 - 2020
4 Appendix
4.1 Exchange Rates
4.2 About Timetric
4.3 Timetric’s Services
4.4 Disclaimer
List Of Tables
Table 1: Timetric - Insurance Market Definitions
Table 2: South Korean Liability Insurance; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 3: South Korean Liability Insurance; Gross Written Premiums (KRW Billion), 2011 - 2015
Table 4: South Korean Liability Insurance; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 5: South Korean Liability Insurance; Gross Written Premiums (KRW Billion), 2016 - 2020
Table 6: South Korean Liability Insurance; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 7: South Korean Liability Insurance; Direct Written Premiums (KRW Billion), 2011 - 2015
Table 8: South Korean Liability Insurance; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 9: South Korean Liability Insurance; Direct Written Premiums (KRW Billion), 2016 - 2020
Table 10: South Korean Liability Insurance; Net Written Premiums (US$ Billion), 2011 - 2015
Table 11: South Korean Liability Insurance; Net Written Premiums (KRW Billion), 2011 - 2015
Table 12: South Korean Liability Insurance; Net Written Premiums (US$ Billion), 2016 - 2020
Table 13: South Korean Liability Insurance; Net Written Premiums (KRW Billion), 2016 - 2020
Table 14: South Korean Liability Insurance; Net Written Premiums (% of GWP), 2011 - 2015
Table 15: South Korean Liability Insurance; Net Written Premiums (% of GWP), 2016 - 2020
Table 16: South Korean Liability Insurance; Net Earned Premiums (US$ Billion), 2011 - 2015
Table 17: South Korean Liability Insurance; Net Earned Premiums (KRW Billion), 2011 - 2015
Table 18: South Korean Liability Insurance; Net Earned Premiums (US$ Billion), 2016 - 2020
Table 19: South Korean Liability Insurance; Net Earned Premiums (KRW Billion), 2016 - 2020
Table 20: South Korean Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 21: South Korean Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 22: South Korean Liability Insurance; Number of Active Policies (Million), 2011 - 2015
Table 23: South Korean Liability Insurance; Number of Active Policies (Million), 2016 - 2020
Table 24: South Korean Liability Insurance; Gross Claims (US$ Billion), 2011 - 2015
Table 25: South Korean Liability Insurance; Gross Claims (KRW Billion), 2011 - 2015
Table 26: South Korean Liability Insurance; Gross Claims (US$ Billion), 2016 - 2020
Table 27: South Korean Liability Insurance; Gross Claims (KRW Billion), 2016 - 2020
Table 28: South Korean Liability Insurance; Paid Claims (US$ Billion), 2011 - 2015
Table 29: South Korean Liability Insurance; Paid Claims (KRW Billion), 2011 - 2015
Table 30: South Korean Liability Insurance; Paid Claims (US$ Billion), 2016 - 2020
Table 31: South Korean Liability Insurance; Paid Claims (KRW Billion), 2016 - 2020
Table 32: South Korean Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2011 - 2015
Table 33: South Korean Liability Insurance; Change in Outstanding Reserves (KRW Billion), 2011 - 2015
Table 34: South Korean Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2016 - 2020
Table 35: South Korean Liability Insurance; Change in Outstanding Reserves (KRW Billion), 2016 - 2020
Table 36: South Korean Liability Insurance; Incurred Loss (US$ Billion), 2011 - 2015
Table 37: South Korean Liability Insurance; Incurred Loss (KRW Billion), 2011 - 2015
Table 38: South Korean Liability Insurance; Incurred Loss (US$ Billion), 2016 - 2020
Table 39: South Korean Liability Insurance; Incurred Loss (KRW Billion), 2016 - 2020
Table 40: South Korean Liability Insurance; Loss Ratio (%), 2011 - 2015
Table 41: South Korean Liability Insurance; Loss Ratio (Percentage ), 2016 - 2020
Table 42: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 43: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (KRW Billion), 2011 - 2015
Table 44: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 45: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (KRW Billion), 2016 - 2020
Table 46: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 47: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (KRW Billion), 2011 - 2015
Table 48: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 49: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (KRW Billion), 2016 - 2020
Table 50: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 51: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 52: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2011 - 2015
Table 53: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2016 - 2020
Table 54: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 55: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (KRW Billion), 2011 - 2015
Table 56: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 57: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (KRW Billion), 2016 - 2020
Table 58: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 59: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (KRW Billion), 2011 - 2015
Table 60: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 61: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (KRW Billion), 2016 - 2020
Table 62: South Korean Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 63: South Korean Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 64: South Korean Liability Insurance by Professional Liability; Number of Active Policies (Million), 2011 - 2015
Table 65: South Korean Liability Insurance by Professional Liability; Number of Active Policies (Million), 2016 - 2020
Table 66: South Korean Liability Insurance by Directors and Officers; Number of Active Policies (Million), 2011 - 2015
Table 67: South Korean Liability Insurance by Directors and Officers; Number of Active Policies (Million), 2016 - 2020
Table 68: South Korean Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2011 - 2015
Table 69: South Korean Liability Insurance by Other Liability; Gross Written Premiums (KRW Billion), 2011 - 2015
Table 70: South Korean Liability Insurance by Other Liability; Gross Written Premiums (US$ Billion), 2016 - 2020
Table 71: South Korean Liability Insurance by Other Liability; Gross Written Premiums (KRW Billion), 2016 - 2020
Table 72: South Korean Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2011 - 2015
Table 73: South Korean Liability Insurance by Other Liability; Direct Written Premiums (KRW Billion), 2011 - 2015
Table 74: South Korean Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2016 - 2020
Table 75: South Korean Liability Insurance by Other Liability; Direct Written Premiums (KRW Billion), 2016 - 2020
Table 76: South Korean Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Table 77: South Korean Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Table 78: South Korean Liability Insurance by Other Liability; Number of Active Policies (Million), 2011 - 2015
Table 79: South Korean Liability Insurance by Other Liability; Number of Active Policies (Million), 2016 - 2020
Table 80: Exchange Rate (Annual Average), 2011 – 2015
Table 81: Exchange Rate (Annual Average), 2016 – 2020 Forecast
List Of Figures
Figure 1: South Korean Liability Insurance; Gross Written Premiums (KRW Billion), 2011 - 2015
Figure 2: South Korean Liability Insurance; Gross Written Premiums (KRW Billion), 2016 - 2020
Figure 3: South Korean Liability Insurance; Direct Written Premiums (KRW Billion), 2011 - 2015
Figure 4: South Korean Liability Insurance; Direct Written Premiums (KRW Billion), 2016 - 2020
Figure 5: South Korean Liability Insurance; Net Written Premiums (KRW Billion), 2011 - 2015
Figure 6: South Korean Liability Insurance; Net Written Premiums (KRW Billion), 2016 - 2020
Figure 7: South Korean Liability Insurance; Net Written Premiums (% of GWP), 2011 - 2015
Figure 8: South Korean Liability Insurance; Net Written Premiums (% of GWP), 2016 - 2020
Figure 9: South Korean Liability Insurance; Net Earned Premiums (KRW Billion), 2011 - 2015
Figure 10: South Korean Liability Insurance; Net Earned Premiums (KRW Billion), 2016 - 2020
Figure 11: South Korean Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 12: South Korean Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 13: South Korean Liability Insurance; Number of Active Policies (Million), 2011 - 2015
Figure 14: South Korean Liability Insurance; Number of Active Policies (Million), 2016 - 2020
Figure 15: South Korean Liability Insurance; Gross Claims (KRW Billion), 2011 - 2015
Figure 16: South Korean Liability Insurance; Gross Claims (KRW Billion), 2016 - 2020
Figure 17: South Korean Liability Insurance; Paid Claims (KRW Billion), 2011 - 2015
Figure 18: South Korean Liability Insurance; Paid Claims (KRW Billion), 2016 - 2020
Figure 19: South Korean Liability Insurance; Change in Outstanding Reserves (KRW Billion), 2011 - 2015
Figure 20: South Korean Liability Insurance; Change in Outstanding Reserves (KRW Billion), 2016 - 2020
Figure 21: South Korean Liability Insurance; Incurred Loss (KRW Billion), 2011 - 2015
Figure 22: South Korean Liability Insurance; Incurred Loss (KRW Billion), 2016 - 2020
Figure 23: South Korean Liability Insurance; Loss Ratio (%), 2011 - 2015
Figure 24: South Korean Liability Insurance; Loss Ratio (Percentage ) 2016 - 2020
Figure 25: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (KRW Billion) 2011 - 2015
Figure 26: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Gross Written Premiums (KRW Billion) 2016 - 2020
Figure 27: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (KRW Billion) 2011 - 2015
Figure 28: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (KRW Billion), 2016 - 2020
Figure 29: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 30: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 31: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2011 - 2015
Figure 32: South Korean Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2016 - 2020
Figure 33: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (KRW Billion) 2011 - 2015
Figure 34: South Korean Liability Insurance by Professional Liability; Gross Written Premiums (KRW Billion) 2016 - 2020
Figure 35: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (KRW Billion) 2011 - 2015
Figure 36: South Korean Liability Insurance by Professional Liability; Direct Written Premiums (KRW Billion) 2016 - 2020
Figure 37: South Korean Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 38: South Korean Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 39: South Korean Liability Insurance by Professional Liability; Number of Active Policies (Million), 2011 - 2015
Figure 40: South Korean Liability Insurance by Professional Liability; Number of Active Policies (Million), 2016 - 2020
Figure 41: South Korean Liability Insurance by Directors and Officers; Number of Active Policies (Million), 2011 - 2015
Figure 42: South Korean Liability Insurance by Directors and Officers; Number of Active Policies (Million), 2016 - 2020
Figure 43: South Korean Liability Insurance by Other Liability; Gross Written Premiums (KRW Billion) 2011 - 2015
Figure 44: South Korean Liability Insurance by Other Liability; Gross Written Premiums (KRW Billion) 2016 - 2020
Figure 45: South Korean Liability Insurance by Other Liability; Direct Written Premiums (KRW Billion) 2011 - 2015
Figure 46: South Korean Liability Insurance by Other Liability; Direct Written Premiums (KRW Billion) 2016 - 2020
Figure 47: South Korean Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2011 - 2015
Figure 48: South Korean Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2016 - 2020
Figure 49: South Korean Liability Insurance by Other Liability; Number of Active Policies (Million), 2011 - 2015
Figure 50: South Korean Liability Insurance by Other Liability; Number of Active Policies (Million), 2016 - 2020
