Malaysia Reinsurance Key Trends and Opportunities to 2016

The Malaysian insurance industry is considered to be one of the promising insurance industries in South East Asia, with the industry registering stable growth in written premiums during the review period (2007–2011). Meanwhile, the reinsurance segment also showed healthy growth during the review period. The reinsurance segment is expected to continue recording strong growth over the forecast period (2012–2016). This will be supported by the country’s improving economic condition, expanding real estate industry and increasing access to credit markets with a rising number of Malaysians owning bank accounts. In particular, increasing property insurance policy sales to protect against natural disasters, such as flooding,  that often affect the country will encourage non-life insurance companies to cede premium to reinsurance companies in order to mitigate their risks from natural disasters.

Scope
This report provides a comprehensive analysis of the reinsurance market in Malaysia:

• It provides historical values for the Malaysian reinsurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key sub-segments in the Malaysian reinsurance market, along with market forecasts until 2016
• It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Malaysia and its growth prospects
• It profiles the top reinsurance companies in Malaysia

Malaysia Reinsurance Industry

Published: April 2012
No. of Pages: 106
Price: Single User License: US$ 1950     Corporate User License: US$3900

    
Key Highlights

• The Malaysian insurance industry is considered to be one of the promising insurance industries in South East Asia, and the industry registered stable growth in written premiums during the review period.
• In addition to liberalizing the reinsurance segment, the Malaysian government offered various incentives and benefits to foreign companies in order to encourage these companies to establish operations in the region.
• The Malaysian reinsurance segment experienced a price increase of up to 10% due to the 2010–2011 floods, which affected Northern Malaysia in the November 2010 and Southern Malaysia in January 2011.
• The Malaysian reinsurance segment is highly consolidated and only seven reinsurers operate in the country.

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Malaysian reinsurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Malaysian reinsurance market
• Assess the competitive dynamics in the reinsurance market
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Malaysian insurance market and its impact on companies and the market's future

Philippines Trends and Opportunities in Reinsurance - 2016

Despite the global economic crisis, the Philippine reinsurance segment recorded stable growth during the review period. This is attributable to the increasing cost of reinsurance protection and susceptibility of the country to frequent natural disasters such as typhoons. The number of reinsurance companies registered in the Philippines fell from two to one during the review period, although some domestic insurers also have limited reinsurance operations. The National Reinsurance Corporation of the Philippines is the only reinsurer based in the Philippines. It was established to provide both life and non-life reinsurance to the Philippines and other neighboring countries.

The report provides top-level market analysis, information and insights into the Philippine reinsurance market, including:

• The Philippine reinsurance market’s growth prospects by reinsurance categories
• The Philippine reinsurance market’s growth prospects by reinsurance ceded from direct insurance segments
• The competitive landscape in the Philippine reinsurance insurance market

Philippines Reinsurance Market

Published: March 2012
No. of Pages: 97
Price: Single User License: US$ 1950    Corporate User License: US$3990 

                 

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Philippine reinsurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Philippine reinsurance market
• Assess the competitive dynamics in the reinsurance market
• Identify the growth opportunities and market dynamics within key product categories

Key Highlights

• Despite the global economic crisis, the Philippine reinsurance segment recorded stable growth during the review period.
• The Philippine reinsurance segment is dominated by the Philippines National Reinsurance Corporation (PhilnaRe), which is the only domestic reinsurance company in the Philippines.
• The Philippine government is also expected to introduce more regulations for the country’s insurance industry over the forecast period, as it tries to match the EU’s strict regulatory environment.
• The significant growths registered by the non-life and personal accident and health insurance segments over the forecast period are expected to generate growth for the reinsurance segment.