If you are the owner of a good deal of property, you might be considering the option of renting it out to some tenant. This is a good way of earning money and if you are not in urgent need of a bulk of money, this is a much better option than selling your property. Selling your assets mean that lose them forever, but if you rent it out, the property remains yours and at the same time you can be assured of a monthly flow of income. However, when...more
Belgium Insurance Market Intelligence "The financial system of Belgium is dominated by four large bancassurance conglomerates, which contribute nearly half of the total insurance premiums. Growing economy and the resultant increase in income, consumer spending and increased awareness of savings and better returns have supported the growth of the insurance industry in Belgium. Moreover, government policies, such as tax exemption, strengthening...more
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...more
Japan Insurance Market Intelligence "Japan is the third largest player worldwide in terms of insurance premium. Despite this, the Japanese insurance industry has been declining since the past few years. This decline is attributed to high penetration rate of life insurance in the country. Further, the amount held per person is at least more than...more
Malaysia Insurance Market Intelligence "The Malaysian insurance market continues to be one of the fastest growing markets for insurance products across the Asian continent. The countrys insurance market has been exhibiting growth on account of increased awareness, preparation for risk avoidance and demand for savings among the Malay consumers. Like...more
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 number of segments accounting for very small percentage of the total market.The insurance penetration rate in Singapore is high as compared to other Asian countries, but it is also unstable because of high GDP influence on the insurance industry. The rising population of the elderly people in the country has caused the growth in penetration rate over the years. The per capita expenditure on insurance is also very high in the country, which is good for the growth of the industry. In the forthcoming years, the market is expected to decline as a result of adverse impact of the global economic crisis.The present report gives an overview of the insurance market of Singapore along with an analysis of the countrys political structure and economic...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...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...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...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...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...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