Thursday, January 10, 2008

The Indonesia Insurance Report

The Indonesia Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Indonesian insurance industry.

The Indonesia Insurance Report has been researched at source and features the latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for Indonesia through end-2011; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in Indonesia; and analysis of the latest insurance industry developments, trends and regulatory changes in Indonesia.

Key Insights into the Insurance Sector of China

The Government's plans to promote the industry are laudable. Nevertheless, we doubt that tax incentives or spectacular natural disasters will, by themselves, spur development of non-life insurance. The main constraints on the development of non-life insurance in Indonesia have been the low income levels of most of the population and the fragmentation of the industry

Indonesia will have to go through a reasonably long period of stability in its capital markets before commentators will begin seriously to consider the opportunities in the life segment.

Indeed, it would seem that many of the world's largest insurers are prepared to overlook the deficiencies of Indonesia's legal system in general and bankruptcy laws in particular, which gave rise to many problems for Manulife in previous years. One obvious conclusion is that the large cross-border groups often see Indonesia as a market that, at some stage in the future, could be too large to ignore.

As is the case in Thailand, the Philippines and Malaysia, local groups feature prominently in the non-life segment, although none appear to have particularly dominant positions.

Coverage includes:

Indonesia Insurance Sector at a Glance

Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$.

Evolution of the Indonesian Insurance Market

Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998.

5-Year Industry Forecasts for Indonesia

Analysis of market growth drivers, including 5-year projections (to end-2011) for premium values. Forecasts section also includes BMI risk ratings on local economy, politics and business environment. Industry indicators covered include:
Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses; total operating expenses; total assets and investments; industry density (per capita premiums) and penetration (premiums as a portion of GDP)

5-Year Macroeconomic Forecast for Indonesia

Forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Insurance Company Rankings in Indonesia

Comparative company analyses and rankings by premium income (life and non-life). Scroll down to view a sample list of ranked insurance companies for Asia.

Insurance Industry Competitive Landscape in Asia

A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region.

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