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Favorable demographic factors, including increased life expectancy and a large urban population base, will improve consumer confidence in investing in life insurance products, such as pension and endowment products, in an effort to get a modest long term return.

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SynopsisThe report provides in depth market analysis, information and insights into the Belgian life insurance market, including:• The Belgian life insurance market’s growth prospects by life insurance categories and customer segments• The various distribution channels in the Belgian life insurance market• The competitive landscape in the Belgian life insurance market• A description of the life reinsurance market in BelgiumSummaryFavorable demographic factors, including increased life expectancy and a large urban population base, will improve consumer confidence in investing in life insurance products, such as pension and endowment products, in an effort to get a modest long term return. In addition, Belgian consumers are expected to invest in unit-linked and pension products as the net asset value (NAV) of insurance products declines and are available at low prices due to the volatile stock market and economically challenging times. As a result, these products can be bought as a long term investment, which is predicted to provide a modest return in times of retirement and maturity of policy.ScopeThis report provides a comprehensive analysis of the life insurance market in Belgium:• It provides historical values for the Belgian life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period • It offers a detailed analysis of the key sub-segments in the Belgian life insurance market, along with market forecasts until 2016

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