Property and casualty insurance contracts cover against loss or damage to property, or other kind of liabilities. Under the property & casualty insurance, most commercial coverage includes the following types -

Property Damage Related: This includes Boiler & Machinery Insurance, Debris Removal Insurance, Builder’s Risk Insurance, Glass Insurance, Business Interruption Insurance, Law Insurance, and others
Casualty, or Liability Related: This includes Errors & Omissions Insurance (the most popular in this type being the fast-emerging insurance class pertaining to cyber risk), Malpractice Insurance, automobile insurance (the sole market revenue generator in developing and emerging economies), Directors’ and Officers’ Liability Insurance, and Workers’ Compensation Insurance.

The following trends define the lucrative opportunities in the property and casualty insurance market:

Highest Growth Rates: This lucrative and fast growing sub-domain within the insurance industry boasts of one of the fastest growth rates. Post the economic crisis of 2008-2012, it was observed that life insurance had lower growth rate during the period of recovery (starting 2013), compared with P&C growth rate, which grew in line with the GDP, riding the favorable cycle in typical cyclical insurance markets.
Profitability Across Sub-Verticals, Depending on Respective Macroeconomic Factors: As of 2015, this industry reflected a global combined ratio of 98.6%. Highly lucrative in developed markets, P&C has not debuted in a number of APAC and South American markets. This implies virgin markets, which when combined with strong corporate growth forecasted for a number of regions leads us to believe that property and casualty insurance will experience one of the highest growth rates in the insurance market. For now, automobile insurance drives the growth in emerging economies, without a sufficient commercial infrastructure to enable other, more complicated liability insurance types from becoming mainstream.
Insurance Industry’s Trends: Technological disruptions across insurance sub-verticals, changing risk dynamics, and atypical capital access opportunities affect the sub-verticals of the P&C insurance industry in different measures, making some opportunities better than the others.

Scope of the Report	Key Offerings by Mordor Intelligence
Market Size	How much is one of the world's most profitable industry worth, in the current year? How much will it be worth, by 2022? Industry size is segmented by its most profit making sub-verticals (includes: P&C, L&H, automobile, D&O, Catastrophe, cyber risk), with detailed insights provided, geographically.
Industry Trends & Market Dynamics	Macroeconomic, microeconomic, and even unanticipated factors, ranked according to the extent of the effects, influencing the insurance market at the global level. These include drivers helping the business ride the wave, barriers that could eventually obstruct, and potential opportunities, before they are leveraged by the competition.
Technological Disruptions	Data and Analytics form an indispensable component of the (re)insurance market. Based on the company’s position in the value chain and the company's vision and mission for the future, Mordor provides the most relevant innovations (operational, technological, disruptive, and others) in the field.
Capital Trends & Metrics	How is capital access changing in (re)insurance segments, across regions and industry sub-verticals? What are the influencing factors in this exchange of capital? How can these insights be integrated to contribute to the short-term goals?
Competition Profiling	This is the most comprehensive segment of the report, enlisting competition across pertinent points in the value chain. An analysis of the competition for companies, segmented by their position in the market is provided. The coverage includes re-insurers, alternative capital sources, traditional insurance companies (listed exhaustively by sub-segments), and startups leveraging technologies and innovations. This section of the report facilitates sound and unbiased overview of the respective companies' strategies, in detail and throws light on how and why companies are adapting to the opportunities and challenges they foresee in the future while also competing in the existing structural environment of the P&C insurance products and services marketplace.

1. Executive Summary

2. Research Methodology

3. Estonia P&C Insurance Industry Outlook

3.1 GDP and Economic Activity

3.2 Consumer Confidence

3.3 Inflation

3.4 Employment Rate

3.5 Interest Rates

3.6 Household Wealth

3.7 Growth in Services

3.8 Growth in Manufacturing

4. Estonia Regulatory Environment, Insurance and Insurance Investment Laws and Key Policy Initiatives

5. Estonia P&C Market Dynamics

5.1 Drivers

5.2 Restraints

5.3 Opportunities

5.4 Challenges

5.5 Technological Innovations (Includes Blockchain)

5.6 Alternative Capital on the RIse

6. Estonia P&C Market Segmentation

6.1 Property Insurances

6.1.1 Business Owners Policy (Property damage insurances, Loss of income due to damage insurances, others)

6.1.1.1 Market Size (USD million)

6.1.1.2 Total Direct Premiums (USD million), Historical and Future Trends

6.1.1.3 Most Costly Insurance Losses by Years (USD million)

6.1.1.4 Claims Payments (USD billion), Historical and Future Trends

6.1.1.5 Capital Structure

6.1.1.5.1 Investment Income

6.1.1.5.2 Net Income & Return on Equity

6.1.1.5.3 Returns on Surplus

6.1.1.5.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.1.1.5.5 Average Real Net Investment Return, by Type of Insurer

6.1.2 Umbrella Policy

6.1.2.1 Market Size (USD million)

6.1.2.2 Total Direct Premiums (USD million), Historical and Future Trends

6.1.2.3 Most Costly Insurance Losses by Years (USD million)

6.1.2.4 Claims Payments (USD billion), Historical and Future Trends

6.1.2.5 Capital Structure

6.1.2.5.1 Investment Income

6.1.2.5.2 Net Income & Return on Equity

6.1.2.5.3 Returns on Surplus

6.1.2.5.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.1.2.5.5 Average Real Net Investment Return, by Type of Insurer

6.2 Liability Insurances

6.2.1 Worker's Compensation Policy

6.2.1.1 Market Size (USD million)

6.2.1.2 Total Direct Premiums (USD billion), Historical and Future Trends

6.2.1.3 Claims Payments (USD billion), Historical and Future Trends

6.2.1.4 Capital Structure

6.2.1.4.1 Investment Income

6.2.1.4.2 Net Income & Return on Equity

6.2.1.4.3 Returns on Surplus

6.2.1.4.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.2.1.4.5 Average Real Net Investment Return, by Type of Insurer

6.2.2 Automobile Insurance Policy

6.2.2.1 Market Size (USD million)

6.2.2.2 Total Direct Premiums (USD billion), Historical and Future Trends

6.2.2.3 Claims Payments (USD billion), Historical and Future Trends

6.2.2.4 Capital Structure

6.2.2.4.1 Investment Income

6.2.2.4.2 Net Income & Return on Equity

6.2.2.4.3 Returns on Surplus

6.2.2.4.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.2.2.4.5 Average Real Net Investment Return, by Type of Insurer

6.2.3 Errors and Omissions Insurance Policy (Includes Cyber Liability Insurance)

6.2.3.1 Market Size (USD million)

6.2.3.2 Total Direct Premiums (USD billion), Historical and Future Trends

6.2.3.3 Claims Payments (USD billion), Historical and Future Trends

6.2.3.4 Capital Structure

6.2.3.4.1 Investment Income

6.2.3.4.2 Net Income & Return on Equity

6.2.3.4.3 Returns on Surplus

6.2.3.4.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.2.3.4.5 Average Real Net Investment Return, by Type of Insurer

6.2.4 Malpractice Insurance Policy & Directors' & Officers' Insurance Policy

6.2.4.1 Market Size (USD million)

6.2.4.2 Total Direct Premiums (USD billion), Historical and Future Trends

6.2.4.3 Claims Payments (USD billion), Historical and Future Trends

6.2.4.4 Capital Structure

6.2.4.4.1 Investment Income

6.2.4.4.2 Net Income & Return on Equity

6.2.4.4.3 Returns on Surplus

6.2.4.4.4 Portfolio Allocation (Between Bonds, Shares, Real Estate & Between Public Sector Bonds & Private Sector Bonds)

6.2.4.4.5 Average Real Net Investment Return, by Type of Insurer

7. Estonia Competition Profiling

7.1 Bilateral or Domestic Insurance Associations of Note

7.2 Market Share Analysis

7.2.1 P&C Overall

7.2.2 Cyber Risk

7.3 Key Player Profiles

7.3.1 Industry Vertical, Position in the Value Chain, Market Demand Generating Factors)

7.3.2 Net Income

7.3.3 Strategies for Operation (Includes Innovations and Disruptions of note)

7.3.4 M&A

7.3.5 Country of Operation

7.4 Companies Covered (Not-Exhaustive)

7.4.1 Berkshire Hathaway

7.4.2 AXA

7.4.3 Allianz

7.4.4 Japan Post Holdings

7.4.5 Assicurazioni Generali

7.4.6 Prudential Plc

7.4.7 China Life Insurance

7.4.8 Ping An Insurance

7.4.9 Legal & General Group

7.4.10 Munich Re

7.4.11 Cyence

7.4.12 Lemonade

7.4.13 Oscar

7.4.14 PolicyGenius

7.4.15 Safeshare

7.4.16 SimpleSurance

7.4.17 SynerScope

7.4.18 Trov

Property & Casualty Insurance Market in Estonia - Global Trends, Industry Competitiveness & Forecasts to 2022

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