Indonesia Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise.

Indonesia Insurance Market Intelligence "The Indonesian insurance market continues

to offer growth opportunities and attract new players, despite certain unfavorable government rules and regulations. The industry has registered a tremendous growth in the past few years, mainly due to untimely occurrence of natural and man-made disasters, launch of new products, growing economy and increasing demand for savings. Like many other countries, the Indonesian insurance industry can be categorized into two different segments: life and non-life. Life insurance is the dominate segment in the Indonesian insurance industry, with 68.3% share of total insurance premium in 2008.

Despite being one of the thickly populated regions in Southeast Asia, the per capita expenditure on insurance in Indonesia is one of the lowest - the reason of which is the low insurance penetration among the different ethnic groups in the country. In the forthcoming years, market density and penetration is expected to improve on account of expanding bancassurance channel, demand for unit-linked products, as well as awareness of risk-protection and high incidence of disasters. Thus, market is expected to offer opportunity to insurance company for growth.

The present report gives an overview of the insurance market of Indonesia along with an analysis of the countrys political structure and economic growth. The report provides an insight into the market size and growth in insurance premiums as well as life and non-life premiums. Insurance premiums are discussed in terms of life and non-life segments and the density and penetration levels. The various developments and drivers are also discussed and finally the projections regarding premium growth are given.

By combining SPSS Inc.s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the Indonesian insurance industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry and its sub-segments life and non-life insurance. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Table of Contents :

1. Industry Snapshot

1.1 Industry Structure

1.1.1 Large Number of Market Participants in Indonesia Insurance Industry

1.1.2 Government Reforms and Regulations Resulted in Exit of Many Players

1.2 Market Overview

1.2.1 Market Size & Growth

1.2.1.1 Witnessed High Growth Rate over the Last Couple of Years

1.2.1.2 Demand for Life and Health Products to Drive the Market Growth

1.2.2 Market Segments

1.2.2.1 Life Insurance is the Largest Segment of the Indonesia Insurance Business

1.2.2.2 Unit-Linked Products Growth Resulted in Life Dominance

1.2.2.3 Elderly Population and Growing Awareness to Boost Health Insurance

1.2.2.4 Motor Insurance is the Biggest Segment in the Non-Life Insurance

1.2.3 Market Density & Penetration

1.2.3.1 One of the Lowest Per Capita Expenditure on Insurance in Asia

1.2.3.2 Low Insurance Penetration Among Various Ethnic Groups

1.2.3.3 Bancassurance Channel and Unit-Linked Products Driving Density Growth

1.2.4 Market Share

1.2.4.1 Life Comparatively More Concentrated than Non-Life Segment

1.2.4.2 Industry Dominated by Foreign Joint-Ventures

1.2.4.3 Larger Number of Companies Focusing on Non-Life Segment

2. Industry Analysis

2.1 Industry Developments

New Regulations

PT Sun Life Financial Indonesia Acquires PT Commerce International

High Staff Turnover Rate

2.2 Market Drivers

Strong Economic Growth

Growing Average Income Per Capita

Growing Demand for Automobiles

Growth of Shariah/Takaful Insurance

3. Country Analysis: Risk Assessment

3.1 Political Environment

3.2 Macro-Economic Indicators: Current and Projections

4. Industry Outlook: Forecast and Projections

4.1 Indonesia Insurance Market is Expected to Continue Its Growth

4.2 Growth Fueled by Government Stimulus Package and Increase in Income

4.3 Immense Opportunity for Insurance Companies to Expand and Grow

4.4 The Life Insurance Segment Will Continue to Dominate the Insurance Market

4.5 Non-Life to Drive the Future Growth in the Industry

For more information, please visit :

http://www.aarkstore.com/reports/Indonesia-Insurance-Market-Intelligence-40702.html

by: Aarkstore Enterprise

POST COMMENT

Japan Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Malaysia Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Singapore Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. South Korea Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Taiwan Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Thailand Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Texas Motorcycle Insurance Policies And Kawasaki Fairings China Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Hong-kong Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. India Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Italy Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Spain Insurance Market Intelligence - Market Research Report On Aarkstore Enterprise. Insurance Coverage Agencies