Netherlands Insurance Market Intelligence "The Netherlands (Dutch) insurance industry is characterized by the strong growth rate it has registered in past few years, mainly on the back of its liberal regulatory environment and open distribution structure. However, the recent changes in the market trends have haltered its growth, followed by a slowdown in economy, sluggish performance of the stock markets, and the abolishment of strong fiscal...more
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 bancassurance channels, have also driven the increase in premium income in the past few years.Insurance industry in Belgium is categorized into life and non-life segments. Annual premium witnessed a decrease in local currency from 2007 to 2008, on account of liquidity crisis as well as decline in life insurance premiums. The life insurance products suffered from intense competition from other products, like bank deposits that offered attractive rates. This shifted the consumers preferences from life insurance policies to other products and led to a decline in premiums in 2008. The life insurance segment has always dominated the market, due to certain benefits attached with the products, like tax exemption, better returns, as well as savings....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...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 many other countries, the Malaysian insurance industry can be segmented into two different segments: life and non-life. Life is the dominant segment in the Malaysian insurance industry.The insurance density is very low in Malaysia, despite the growth witnessed by the insurance industry in the past few years. In addition, insurance penetration has also showed signs of decline in the past few years due to the falling insurance premiums as a percentage of GDP. In the forthcoming years, this market is expected to offer strong growth opportunities on account of increasing number of middle-class people and the need for retirement savings products.The present report gives an overview of the Malaysian insurance market along with an analysis of the countrys political structure and economic growth. The report provides an insight into the market...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...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