Singapore Insurance Market Intelligence "Singapore has one of the most developed insurance markets in Asia. The insurance industry of Singapore has been growing at an impressive growth rate on account of the increasing demography of ageing population and income. The industry has been dominated by life insurance, which has been contributing to the industry growth; however, in the recent years general insurance is also building up with large...more
South Korea Insurance Market Intelligence "The South Korean insurance industry has come a long way from being a largely closed industry to being an open industry now, due to several changes that happened in the last few decades. The industry witnessed a good growth on the back of Liberalization of the domestic insurance industry, increasing awareness of insurance products, demand for long-term and motor insurance products, development of new...more
Taiwan Insurance Market Intelligence "The insurance industry of Taiwan is the one of the largest insurance markets in the Asia pacific region. The industry has been growing mainly on account liberalization policies of the government, increased awareness, tendency of wealth accumulation as well as the growing economy and increased per capita income. Apart from this, the insurance industry has also benefited from the surging demand for insurance products, particularly life insurance (endowment) products. In Taiwan, life insurance market accounts for a larger share of the Taiwan insurance business.Taiwan is mainly known for having one of the highest insurance densities in the Asia Pacific region second only to Japan. In terms of penetration rate, the industry has high penetration rate but there is huge difference between the penetration rate of its segments as Life has very high penetration rate and non-life has very low penetration. The key reason behind this difference is that despite being receptive to life insurance products, the decreasing investment by domestic consumers in automobiles and natural disaster exposures have restricted growth of the non-life insurance business. In...more
Thailand Insurance Market Intelligence "Over the past ten years, the Thai insurance market has recorded astounding growth on account of governmental promotional measures, new products, improved sales channel, increased awareness and importance of insurance coverage and savings. With the opening of the sector and influx of foreign investment,...more
Texas drivers who have abandoned cars in order to save money on gas by riding a motorcycle need to understand the requirements and options available to them in the form of motorcycle insurance policies and coverage. Liability insurance is mandated by Texas, and motorcycle liability coverage is the same as that for an automobile: 25/50/25. It is...more
China Insurance Market Intelligence "The Chinese insurance market presents immense growth opportunity for both foreign and domestic insurance companies as the industry has been growing at more than 25% p.a. This growth is mainly attributed to the improving segments of life insurance and health insurance. Apart from this, the insurance industry has also benefited from the surging demand for insurance products, changing social structure, rising number of educated and middle class people as well as reforms and tax relaxation policies of the government.Chinas insurance industry is dominated by the life insurance segment, which has registered a tremendous growth till now. The insurance density and market penetration in China are very low as compared to both developed countries as well as ASEAN region despite high growth rate of the industry as consumers in China still prefer bank deposits and bonds as savings instrument rather than insurance products. Historically, the insurance market had a limited number of companies, due to its centralized structure in China.The present report gives an overview of the Chinese insurance market along with the analysis of Chinas political structure and...more
Hong-Kong Insurance Market Intelligence "Hong Kong is one of the most competitive insurance markets in Asia. The insurance industry has been growing steadily since the 1990s, driven mostly by the life insurance business. Lack of state-sponsored...more
India Insurance Market Intelligence "Indian insurance industry entered an important phase in 1998 when the government of India permitted the operation of private sector in the insurance market. The impressive growth in life insurance, the dominating...more
Italy Insurance Market Intelligence "The insurance industry of Italy has witnessed a rapid growth, showing a fast rising premium to GDP ratio in the recent years. The growth in premiums is mainly attributed to the growing income, newly launched...more
Spain Insurance Market Intelligence "The Spanish insurance industry has witnessed a steady growth during the period 2001-2008, mainly on account of the expanding economy and increasing private consumption. In addition, investment in real estate and...more
Drawback insurance policy this particular person is probably the many topdrawer element of your current insurance plan plan. If this is the situation, have your insurance policy way to tag a home--office alteration to your plan. Sgc was a...more
If you own and operate a limousine service, you must protect yourself and your clients with three different kinds of insurance. First, you must carry commercial auto protection. Second, you must carry extra liability insurance, so that your...more