Governance, Risk and Compliance

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GlobalData presents latest Insurance report series on Governance, Risk and Compliance – providing detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The reports specify various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.

Each report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in the country. The reports also include the scope of non-admitted insurance in the country.

New Countries added to the Series

The US

Macau

Lativa

Greece

Georgia

Myanmar

Fiji

Nepal

Cambodia

Denmark

Burundi

Poland

Moldova

Mongolia

Zimbabwe

Loas

Bolivia

Botswana

Pakistan

Suriname

Cyprus

Egypt

Bahamas

Taiwan

Ecuador

Kazakhstan

What’s in it for clients?
Each report provides insights into the governance, risk and compliance framework pertaining to the insurance industry, including –

  • The latest key changes, and changes expected in the country’s insurance regulatory framework.
  • Key regulations and market practices related to different types of insurance products in the country.
  • Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance.
  • Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.
  • Details of the tax and legal systems in the country.

 

Governance, Risk and Compliance

Report Information:
Published: 2019-18
Publisher: GlobalData
Report Format: electronic pdf

Global Construction Outlook to 2022 – Q4 2018 Update

GlobalData has revised downwards the forecast for growth in the global construction industry over the forecast period (2018-2022) to an annual average of 3.4% from 3.6% previously. The revision primarily reflects a weaker estimated outturn in 2018 in China and South Korea, which has pulled the forecast for growth in North-East Asia to 3.4%, as well as a flatter growth trend in the US. In real value terms (measured at constant 2017 prices and US$ exchange rates), global construction output is forecast to rise to US$12.9 trillion in 2022, up from US$10.9 trillion in 2017.

In the US, President Trump hopes to speed up growth in the US economy by cutting taxes, slashing regulation and increasing infrastructure spending; so far, however, much of Trump’s economic agenda has not made it through Congress. GlobalData remains bearish over the political reality of the expanded US$1.5 trillion infrastructure plan, and does not expect to see such an enormous investment. Nevertheless, the construction outlook for the US in 2018-2019 remains solid, and GlobalData expects to see ongoing investment in the sector over the forecast period.

The Asia-Pacific region will continue to account for the largest share of the global construction industry, given that it includes the large markets of China, Japan and India. The pace of growth will slow, however, given the projected slowdown in China’s construction industry as well as weakness in South Korea. China’s government is expected to try to curb excessive investment and avoid a disorderly debt crisis, and as such is likely to reduce its spending on major infrastructure projects.

Global Construction Outlook to 2022 – Q4 2018 Update

Report Information:
Single User License Price: $4950
Published: Dec 2018
Publisher: GlobalData
Report Format: electronic pdf

Applications of Virtual Reality in Retail Industry

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VR eliminates time and space limitations, and allows retailers to reach a wider audience. The virtual stores also allow shoppers from more remote areas to gain access to their favourite brands and products.

VR provides a completely immersive experience, with stores and products displayed in three dimensions in front of the user, on virtual shelves in the virtual store. Once the product is in front of them, consumers can get a truer sense of the look and style of the product.

VR enables retailers to not only strengthen their online business by offering a completely immersive, near-reality experience, but also promotes their brands and products to shoppers.

Virtual store technology is predicted to change ‘traditional’ retail completely. Online retail offers easy accessibility to products and brands, but doesn’t allow users to experience the actual look and size of the product in a 3D environment.

Virtual stores though enable shoppers to explore the vast range of products and also enables retailers to reach out to shoppers in remote areas without requiring new physical stores or additional staff. Virtual guide, an added feature in virtual stores, provides details of the products and their manufacturing background thus eliminating the need for additional staff support.

The report covers –

  • Areas of application of Virtual Reality in Retail Industry
  • Opportunities & Challenges in applications of Virtual Reality in Retail Industry
  • In-store Technology Advancements & Trends
  • Marketing & Promotions Case Studies
  • Virtual Stores & Payment Solutions

 

Applications of Virtual Reality in Retail Industry

Report Information:
Single User License Price: $800
Published: January 2019
Publisher: GlobalData
Report Format: electronic pdf

Biopower Market: Global Market Analysis to 2030

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Europe has been the region with the largest biopower capacity for a long time. Early development of technology and large mechanized farms generating predictable feedstock supplies, have kept Europe in this position. Asia-Pacific, however, had a significant increase in installed capacity during 2011-2018.

By 2019, Asia-Pacific is expected to exceed in Europe in terms of capacity and become the largest biopower region as more Asian countries add capacities and European capacity stagnates at its already high levels.

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Report Coverage:

  • Market study at a global level and for twelve countries including: the US, Brazil, China, India, Japan, Thailand, Republic of Korea, Germany, Sweden, Italy, Finland and the UK.
  • Coverage of the key growth drivers and challenges related to each country’s biopower market, and the market’s influence on the environment and the country’s economy.
  • Historic (2006-2018) and forecast data (2019-2030) for cumulative and annual installed biopower capacity.
  • Average capital cost and market size for the 2010-2017 period, and forecast for the 2019-30 period.
  • Feedstock availability and potential; cumulative capacity segmentation by feedstock type; and a list of major operational biopower plants for each of the twelve key countries.
  • Market drivers and restraints for each of the twelve key countries.

 

Use this report to facilitate decision making by analyzing market data on the biopower sector. Develop strategies based on developments in the market and identify key business-development avenues, based on an understanding of the trends in the market. 

 

Biopower Market: Global Market Analysis to 2030

Report Information:
Publisher: GlobalData
Report Format: electronic pdf

Strategic Market Intelligence: Insurance in HongKong

insurance.m3-w800-16-9GlobalData’s Strategic Market Intelligence reports provide key trends and opportunities to 2022, within the Insurance industries for key countries across the globe. Today’s set of reports provide a detailed outlook by product category on the Hong Kong Insurance Market.

Reports Info

Get a detailed outlook on the General insurance, Life insurance and Reinsurance segment of Hong Kong, including values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and net earned premium during the review period (2013-2017) and forecast period (2017-2022).
The reports analyze distribution channels operating in the segment, gives a comprehensive overview of the Hong Kong economy and demographics, and provides detailed information on the competitive landscape in the country.

Why should I buy these reports?

  • Make strategic business decisions using in-depth historic and forecast market data related to the Hong Kong insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Hong Kong General Insurance, Life insurance, and Reinsurance segment.
  • Assess the competitive dynamics in the General Insurance, Life insurance, and Reinsurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Hong Kong insurance industry, and their impact on companies and the industry’s future.

 

Strategic Market Intelligence: Insurance in HongKong

Report Information:
Single User License Price: $3999
Publisher: GlobalData
Report Format: electronic pdf

Virtual and Augmented Reality in Aerospace and Defense

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Over the next five years, VR/AR apps will transform numerous industries from e-commerce to social media to publishing to manufacturing design, increasing productivity and creating new ways of working, playing, and shopping. AR is likely to revolutionize specific vertical industries within the enterprise market in the near future, while VR depends on the apps in development.

Engineers and technicians can benefit from VR rooms to simulate systems and platforms designs before starting to fabricate the first piece of hardware. Military personnel’s are already using VR for trainings and are now exploring the potential of AR glasses for intelligence and information communication on the battlefield.

The report covers –

  • Top themes, its predictions and identifies winners and losers.
  • Our thematic investment research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world as well as institutional investors.
  • Corporations: Helps CEOs in all industries understand the disruptive threats to their competitive landscape.
  • Investors: Helps fund managers focus their time on the most interesting investment opportunities in global Aerospace & Defense.
  • Our unique differentiator, compared to all our rival thematic research houses, is that our thematic engine has a proven track record of predicting winners and losers.

 

Virtual and Augmented Reality in Aerospace and Defense

Report Information:
Single User License Price: $1950
Published: February 2019
Publisher: GlobalData
Report Format: electronic pdf

 

New Tourism Source Market Insight Report on Spain

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Spanish Outbound Tourism set to be Worth US$64bn By 2021

Spanish outbound tourism is expected to grow from US$47.9bn in 2019 to US$64bn in 2021, expanding at a compound annual growth rate (CAGR) of 15.6%, according to GlobalData.

GlobalData’s latest report; ‘Tourism Source Market Insight: Spain – Analysis of tourist profiles & flows, spending patterns, destination markets, risks and future opportunities’, reveals that Spain’s economy has been growing for 17 consecutive quarters. As a result of this, Spanish tourists will have an increase in disposable income to travel abroad, reflected by GlobalData’s high growth forecast.

Ralph Hollister, Travel and Tourism Associate Analyst at GlobalData, commented, “After major reforms in the Spanish economy earlier this decade, Spain has well exceeded its pre crises level of gross domestic product in 2008. The combination of a decrease in unemployment rate, increase in pay and the rise of low-cost carriers (LCC’s) means outbound travel is now financially possible for a much higher percentage of the Spanish population.”

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GlobalData forecasts that Spanish outbound spending will start to increase at a higher rate on sightseeing and entertainment activities. The country’s financial situation going from strength to strength enables Spanish tourists to spend more money on ‘add-on’ activities such as these. 

Hollister continues, “Spanish tourists have travelled domestically for years, to regions such as Andalusia for sun and beach holidays due to financial restrictions and a lack of desire for new experiences. Now, due to social media and the millennial market segment becoming more prevalent, Spanish tourists are visiting cities all over Europe in search for different cultural experiences through entertainment and sightseeing activities.”

Whilst outbound tourism expenditure is expected to grow continuously for years to come, domestic overnight stays are expected to slow down in 2021. This forecast may be as a result of usual domestic tourists now utilising LCC’s to travel internationally.

Hollister adds, “New Spanish LCC’s such as Vueling are making destinations such as Latin America more attractive with new routes. The stereotypical cost conscious Spanish tourist who needs affordability and accessibility will be attracted to these airlines who can offer them value for money and a direct route to long-haul destinations.”

Report Information:
Single User License Price: $1495
Published: March 2019
Publisher: GlobalData
Report Format: electronic pdf