Workers Compensation Insurance Industry - Global Strategic Business Report

Transcription

1 Brochure More information from Workers Compensation Insurance Industry - Global Strategic Business Report Description: The Workers Compensation Insurance Industry Report provides insightful analysis, market overview, structure and outlook of the industry. Richly laden with quantitative analysis, the report provides the reader with a rudimentary preface to workers compensation insurance industry. A synopsized discussion offers preludes to regional insurance markets such as the United States, Canada, Hong Kong, Argentina, Denmark and Chile. The closely summarized market report is designed to offer a macro level picture of the trends, market structure/basics, recent mergers & acquisitions, and strategic corporate developments witnessed by the industry. Also provided is a compilation of recent past/ historical perspective of the industry and strategic corporate developments within it. The report examines the leading companies footing in the industry at global and/ or regional level, along with their annual written premiums. Global key and niche players briefly discussed and abstracted in the report include Allianz Australia Limited, CGU Insurance, Chubb Corp., Hartford Financial Services Group, Inc., Insurance Australia Group Ltd. (IAG), Sompo Japan Insurance Inc., Suncorp Metway Insurance Ltd, and Topdanmark among several others. The discussion also includes workers compensation insurance brokers such as BB&T Insurance Services Inc., Crawford & Co., Hilb Rogal & Hobbs Company, and Jardine Lloyd Thompson Group Plc. Please note: Reports are sold as single-site single-user licenses. The delivery time for hard copies is between 3-5 business days, as each hard copy is custom printed for the organization ordering it. Electronic versions require hours as each copy is customized to the client with digital controls and custom watermarks. For information on site licence pricing please click on Enquire before buying Contents: WORKERS COMPENSATION INSURANCE INDUSTRY A STRATEGIC BUSINESS REPORT CONTENTS 1. Workers Compensation Insurance (WCI) - An Introduction WC-1 Experience Modification Rating WC-1 Varying Degrees of Concentration Across the WCI Markets Worldwide WC-1 Table 1: Concentration of Workers Compensation Insurance Markets Worldwide: Percentage Share of the Market Collectively Held by Top Ten Players (includes corresponding Graph/Chart) WC-1 Spiraling Medical Expenses Bloat WC Losses WC-2 Insurance Groups - A Tough Time for Insurers WC-2 2. Regulatory Hurdles WC-3 3. Role of Wholesalers Saving the Sinking Ship Simplified Underwriting Speedy Delivery Low Rejection of Risk Easy Access to E-commerce Outlook 4. Regional Perspective WC-5

2 4a. United States WC-5 Soaring Health Care Costs Prop Rate Changes WC-5 Self Insurance Programs - Making Their Presence Felt WC-5 Market Overview and Key Statistics WC-5 Table 2: US Recent Past, Current & Future Analysis for Workers Compensation Insurance Market with Premiums in US$ Billion for the Years 2006 through 2010 (includes corresponding Graph/Chart) WC-6 Market Under Consolidation WC-6 Table 3: Leading Players in the US Workers Compensation Market (2004 & 2005): Percentage Share of Direct Premiums Written for American Intl Group, Ace INA Group, CNA Insurance, Hartford Insurance, Liberty Mutual, State Comp Ins Fund, State Ins Fund of NY, St. Paul Travelers Group, Zenith Natl Ins Group, Zurich, and Others (includes corresponding Graph/Chart) WC-6 Table 4: Leading Players in the US Workers Compensation Casualty Market by Net Premium Written: 2003 (includes corresponding Graph/Chart) WC-7 Table 5: Leading Players in the US Workers Compensation Insurance market (2001): Direct Premium Written in US$ Billion and Percentage Breakdown for State Compensation Fund, Liberty Mutual Insurance, American Intern Group Inc, Zurich/Farmers Group, CNA Insurance, Royal & SunAlliance USA, Travelers/Citigroup, Kemper Insurance, Hartford Insurance Group, St Paul Cos, and Others (includes corresponding Graph/Chart) WC-8 Table 6: US Workers Compensation Insurance Market - A Past Perspective (includes corresponding Graph/Chart) WC-9 Voluntary Benefits Market WC-10 The Social Contract Relates to Workers Compensation WC-10 Costs to Employers WC-10 Claim Costs WC-11 Reducing Costs WC-11 Residual Markets WC-12 Terrorism Coverage WC-12 Reforms WC-12 Characteristics of the US Workers Compensation Market WC-12 Basic Facts about Workers Compensation WC-13 Factors Determining Premium Growth in Workers Compensation WC-14 Pricing Mechanism Followed in Various States WC-14 Workers Compensation Fraud- Time to Grub Up WC-15 Californian Market for Workers Compensation Insurance WC-16 A Problem-Ridden Market WC-16 Local Companies Fare Poorly WC-16 The Search is on for Solution WC-16 A Year of Debacle WC-16 Workplace Deaths and Injuries WC-18 Table 7: Number and Causes for Workplace Casualties in the US: 2002 & 2003(includes corresponding Graph/Chart) WC-18 A Retrospect WC-18 Table 8: Fatal Occupational Injuries in the US (2000): Number of Fatalities and Fatality Rate for Construction, Transportation, Services, Agriculture, Manufacturing, Retail trade, Government, Wholesale trade, Mining, and Finance (includes corresponding Graph/Chart) WC-19 Alternative Risk Markets in Workers Compensation WC-19 Group Self-Insurance WC-19 Individual Self-Insurance WC-20 Large Deductible Programs WC-20

3 Retrospectively Rated Policies WC Hour Coverage Under Workers Compensation WC-20 Legal Barriers to 24-Hour Coverage WC-21 Institutional Barriers to 24-Hour Coverage WC-21 Regulatory Barriers to 24-Hour Coverage WC-22 Worker s Compensation After September 11 WC-22 Outlook WC-23 4b. Canada WC-24 Workers Compensation/Employers Liability WC-24 4c. The Netherlands WC-25 Dutch DSLWRA Insurance WC-25 Table 9: Dutch Disability, Sick Leave, and Work Related Accident (DSLWRA) Insurance Market (2005): Percentage Breakdown by Leading Players - Aegon, Eureko, Fortis, ING, and Others (includes corresponding Graph/Chart) WC-25 4d. Hong Kong WC-26 Employees Compensation WC-26 4e. Argentina WC-27 Workers Compensation and Employers Liability Key Benefits of Workers Compensation Law Workers Compensation - On Road to Profitability The Workers Compensation Law of 1995 Future Prospects of Insurance Industry in Argentina WC-27 WC-27 WC-27 WC-28 WC-28 4f. Denmark WC-29 A Past Perspective WC-29 Table 10: Industrial Injuries Insurance Industry in Denmark (2002): Gross Premium and Gross Claims in DKK Million by Companies (includes corresponding Graph/Chart) WC-29 4g. Chile WC-30 Workmen s Compensation and Employers Liability - A Brief Profile WC-30 Coverage Patterns WC-30 Table 11: Chilean Insurance Industry (2001): Percentage Break-up of Workforce Accident by Industry (includes corresponding Graph/Chart) WC Recent Industry Activity WC-31 AmTrust Completes Acquisition of Associated Industries WC-31 Hilb Rogal & Hobbs to Acquire BACIA WC-31 American Financial Group to Acquire Strategic Comp Holdings WC-31 Coventry Health Care Acquires Certain Mutual of Omaha WC-32 Liberty Mutual Acquires Ohio Casualty WC-32 Alleghany Acquires EDC WC-32 Unitrin to Divest UBI to AmTrust WC-32 Cypress Merges with Arrowhead WC-33 Octagon Risk Services Acquires Managed Care Holdings Corp. WC-33 EMLIC to Acquire Eastern Holding WC-33 Accident Fund Insurance Acquires United Wisconsin WC-33 Equus Acquires 1st Metro Insurance WC-33 Neace Lukens Acquires Integrity Insurance Agency WC-33 Hilb Rogal Acquires Ed Murray & Sons WC-33 Hilb Rogal Acquires True Benchmark Stewart Sneed Hewes Group Buys Kyzar & Co First Niagara Signs Agreement with LA Lama POMCO Acquires HRH Risk Management BISYS Group Acquires Uhlemeyer Eye Care International Acquires Self Funded Alternatives Community First Acquires Arnold & Arnold

4 First Health Group Acquires COMP Medical Coventry Health Care Plans to Acquire First Health Group WC-35 CMI Management Team Plans to Acquire CompManagement WC-35 KRG Capital Partners LLS Plans to Acquire PPOM LLC WC-35 USI Holdings Acquires Future Planning Associates WC-35 USI Holdings Acquires Benefit Partners of America Brown & Brown Acquires Balcones-Southwest Milne Scali Acquires Assets of Richard Q Perry Arthur Acquires Burch Marcus Senn Dunn Acquires Corpening Insurance Center Stanton Acquires Harris-Homeyer Capital Z Financial Services Acquires SBJ Group Arthur J Gallagher & Co Acquires Don Laster Agency Senn Dunn Acquires Sterling Financial Services AllHealth Acquires The Holland Co. Arthur Acquires Obrien First Mainstreet Insurance Group Acquires Value Quote Insurance Milne Scali & Co Acquires Finkbeiner Agency Arthur J. Gallagher & Co Acquires Johnsey Insurance Agency Arthur Acquires Burch Marcus Milne Scali Acquires IAS WC-38 Arthur J Gallagher Acquires Persac Insurance Agency WC-38 First Place Financial Acquires Weigel Lackey & Ross Insurance WC-38 PacifiCare Health Systems Acquires American Medical Security Group WC-38 Pacificare Health Systems Plans to Acquire Group Health Business of Pacific Life Insurance Group WC-38 Hub International Acquires TILCO Financial Services Limited WC Strategic Developments in the Past 0 Willis Group Acquires Scott Tucker Insurance 0 R&K Merges with Albany Health Associates 0 Employers Insurance Co. of Nevada Acquires Fremont Compensation Insurance Group 0 Earnest R Shaw Acquires Kendall White Millar 0 Eastern Holding Buys Additional 50% Stake in Educators Alliance 0 Maddison Monetary Taken Over by Lamensdorf 1 7. Focus on Select Players Worldwide 2 Allianz Australia Limited, Australia 2 CGU Insurance, Australia 2 Chubb Corp., US 2 Hartford Financial Services Group, Inc., US 3 Insurance Australia Group Ltd. (IAG), Australia 3 Sompo Japan Insurance Inc., Japan 4 Suncorp Metway Insurance Ltd, Australia 4 Topdanmark, Denmark 4 8. Leading Workers Compensation Insurance Brokers 5 BB&T Insurance Services Inc., US 5 Crawford & Co., US 5 Hilb Rogal & Hobbs Company, US 5 Jardine Lloyd Thompson Group Plc, UK 5 Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to

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