Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry

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Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry

  1. 1. Market Attractiveness and Future Prospects of the IndonesianTakaful Insurance IndustryReport Details:Published:December 2012No. of Pages: 71Price: Single User License – US$1950SynopsisThe report provides in depth market analysis, information and insights into the Takaful insurancemarket in Malaysia, including:• The Malaysian Takaful insurance market’s growth prospects by insurance segments and sub-segments• Benchmarking and analysis of global Takaful insurance markets• The current trends and drivers of the Malaysian Takaful insurance market• The regulatory framework of the Malaysian Takaful insurance marketSummaryMalaysia’s Takaful insurance industry is considered one of the largest in the Islamic capital marketspace and has emerged as one of the leading Takaful industries in the world. Low insurancepenetration rates, high per capita annual disposable income, and favorable demographics presenta significant business opportunity and positive growth potential for Takaful insurance over theforecast period. With improved standards of living and increasing awareness of Takaful, theindustry is expected to record steady growth in per capita spending on specialized insurancepremiums and attain a greater market share in comparison with conventional products.ScopeThis report provides a comprehensive analysis of the Takaful insurance market in Malaysia:• It provides historical values for the Malaysian Takaful insurance market for the report’s2007–2011 review period and forecast figures for the 2012–2016 forecast period• It offers a detailed analysis of the key segments and sub-segments in the Malaysian Takafulinsurance market, along with market forecasts until 2016• It covers an exhaustive list of parameters, including gross written premium, premium per capita,number of active policies, insurance penetration (percentage of GDP), paid claims, incurred loss,loss ratio, commissions and expenses, combined ratio, total assets, investments, total investmentincome and retentions• It outlines the key regulations affecting the overall Malaysian Takaful insurance market
  2. 2. Reasons To Buy• Make strategic business decisions using in depth historic and forecast market data related to theMalaysian Takaful insurance industry and each segment within it• Understand the demand-side dynamics, key market trends and growth opportunities within theMalaysian Takaful insurance market• Identify the growth opportunities and market dynamics within key segments• Gain insights into key regulations governing the Malaysian Takaful insurance market and itsimpact on companies and the industrys futureKey Highlights• The Malaysian Takaful insurance market recorded a strong growth during the review period(2007-2011).• In terms of Takaful gross written premium, Malaysia is one of the leading markets in the world.• The Malaysian Takaful insurance industry contains both domestic and foreign insurers and isone the largest Takaful insurance markets in Asia-Pacific region.• Rapid expansion of distribution channels helps insurance companies to reach out to a largercustomer base.• Strong macroeconomic fundamentals and favorable demographics coupled with increasing percapita disposable income have driven the consumer demand for Takful insurance products.Get your copy of this report @http://www.reportsnreports.com/reports/209415-market-attractiveness-and-future-prospects-of-the-indonesian-takaful-insurance-industry.htmlMajor points covered in Table of Contents of this report includeTable of Contents1 Analysis of Malaysian Takaful Market Dynamics2 Benchmarking Analysis of Global Takaful Industries3 Takaful Life Insurance Segment Trends3.1 Policies and Premiums3.2 Claims and Expenses3.3 Total Assets3.4 Investments3.5 Type of Customers – Individual vs Group3.6 Other Key Performance Indicators4 Takaful Overall Non-Life Insurance Segment Trends4.1 Policies and Premiums4.2 Claims and expenses4.3 Total Assets4.4 Investments4.5 Investment Income4.6 Other Key Performance Indicators4.7 Non-Life Insurance Categories
  3. 3. 5 Takaful Property Insurance Category Trends5.1 Premiums – Overview5.2 Fire and Allied Perils Insurance5.3 Engineering Insurance5.4 Other Property Insurance6 Takaful Motor Insurance Category Trends6.1 Premiums – Overview6.2 Motor Hull Insurance6.3 Third-Party Motor Insurance7 Takaful Marine, Aviation and Transit Insurance Category Trends8 Takaful Personal Accident and Health Insurance Segment Trends9 Appendix9.1 Methodology9.2 Definitions9.3 Contact Us9.4 About Timetric9.5 DisclaimerList of TablesTable 1: Malaysian Takaful Life Insurance, Gross Written Premiums (MYR Billion), 2007–2016Table 2: Malaysian Takaful Life Insurance, Gross Written Premiums (US$ Billion), 2007–2016Table 3: Malaysian Takaful Life Insurance, Premiums Per-Capita (MYR Per-capita), 2007–2016Table 4: Malaysian Takaful Life Insurance, Premiums Per-Capita (US$ Per-capita), 2007–2016Table 5: Malaysian Takaful Life Insurance, Number of Active Policies (Thousand), 2007–2016Table 6: Malaysian Takaful Life Insurance, Insurance Density (Number of Policies Per-Capita),2007–2016Table 7: Malaysian Takaful Life Insurance, Sum Assured (MYR Trillion), 2007–2016Table 8: Malaysian Takaful Life Insurance, Sum Assured (US$ Trillion), 2007–2016Table 9: Malaysian Takaful Life Insurance, Insurance Penetration (Percentage of GDP),2007–2016Table 10: Malaysian Takaful Life Insurance, Paid Claims (MYR Billion), 2007–2016Table 11: Malaysian Takaful Life Insurance, Paid Claims (US$ Billion), 2007–2016Table 12: Malaysian Takaful Life Insurance, Commissions and Expenses (MYR Billion),2007–2016Table 13: Malaysian Takaful Life Insurance, Commissions and Expenses (US$ Billion),2007–2016Table 14: Malaysian Takaful Life Insurance, Total Assets (MYR Billion), 2007–2016Table 15: Malaysian Takaful Life Insurance, Total Assets (US$ Billion), 2007–2016Table 16: Malaysian Takaful Life Insurance, Investments (MYR Billion), 2007–2016Table 17: Malaysian Takaful Life Insurance, Investments (US$ Billion), 2007–2016Table 18: Malaysian Takaful Life Insurance, Total Investment Income (MYR Billion), 2007–2016Table 19: Malaysian Takaful Life Insurance, Total Investment Income (US$ Billion), 2007–2016
  4. 4. Table 20: Malaysian Takaful Individual Life – Number of Active Policies (Thousand), 2007–2016Table 21: Malaysian Takaful Individual Life – Gross Written Premiums (MYR Billion), 2007–2016Table 22: Malaysian Takaful Individual Life – Gross Written Premiums (US$ Billion), 2007–2016Table 23: Malaysian Takaful Individual Unit-Linked, Number of Active Policies (Thousand),2007–2016Table 24: Malaysian Takaful Individual Unit-Linked Gross Written Premiums (MYR Billion),2007–2016Table 25: Malaysian Takaful Individual Unit-Linked Gross Written Premiums (US$ Billion),2007–2016Table 26: Malaysian Takaful Group Life, Number of Active Policies (Thousand), 2007–2016Table 27: Malaysian Takaful Group Life, Gross Written Premiums (MYR Billion) 2007–2016Table 28: Malaysian Takaful Group Life, Gross Written Premiums (US$ Billion) 2007–2016Table 29: Malaysian Life Insurance New Business, Number of Active Policies (Thousand),2007–2016Table 30: Malaysian Takaful Life Insurance New Business, Gross Written Premiums (MYR Billion)2007–2016Table 31: Malaysian Takaful Life Insurance New Business, Gross Written Premiums (US$ Billion)2007–2016Table 32: Malaysian Takaful Non-Life Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 33: Malaysian Takaful Non-Life Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 34: Malaysian Takaful Non-Life Insurance, Earned Premiums ( MYR Billion), 2007–2016Table 35: Malaysian Takaful Non-Life Insurance, Earned Premiums (US$ Billion), 2007–2016Table 36: Malaysian Takaful Non-Life Insurance, Premiums Per-Capita (Per-Capita MYR),2007–2016Table 37: Malaysian Takaful Non-Life Insurance, Premiums Per-Capita (Per-Capita US$),2007–2016Table 38: Malaysian Takaful Non-Life Insurance, Insurance Penetration (% of GDP) 2007–2016Table 39: Malaysian Takaful Non-Life Insurance, Gross Claims (MYR Billion), 2007–2016Table 40: Malaysian Takaful Non-Life Insurance, Gross Claims (US$ Billion), 2007–2016Table 41: Malaysian Takaful Non-Life Insurance, Paid Claims (MYR Billion), 2007–2016Table 42: Malaysian Takaful Non-Life Insurance, Paid Claims (US$ Billion), 2007–2016Table 43: Malaysian Takaful Non-Life Insurance, Change in Outstanding Reserves (MYR Billion),2007–2016Table 44: Malaysian Takaful Non-Life Insurance, Change in Outstanding Reserves (US$ Billion),2007–2016Table 45: Malaysian Takaful Non-Life Insurance, Incurred Loss (MYR Billion), 2007–2016Table 46: Malaysian Takaful Non-Life Insurance, Incurred Loss (US$ Billion), 2007–2016Table 47: Malaysian Takaful Non-Life Insurance, Loss Ratio (%), 2007–2016Table 48: Malaysian Takaful Non-Life Insurance, Commissions and Expenses (MYR Billion),2007–2016
  5. 5. Table 49: Malaysian Takaful Non-Life Insurance, Commissions and Expenses (US$ Billon),2007–2016Table 50: Malaysian Takaful Non-Life Insurance, Combined Ratio (%), 2007–2016Table 51: Malaysian Takaful Non-Life Insurance, Total Assets (MYR Billion), 2007–2016Table 52: Malaysian Takaful Non-Life Insurance, Total Assets (US$ Billion), 2007–2016Table 53: Malaysian Takaful Non-Life Insurance, Investments (MYR Billion), 2007–2016Table 54: Malaysian Takaful Non-Life Insurance, Investments (US$ Billion), 2007–2016Table 55: Malaysian Takaful Non-Life Insurance, Total Investment Income (MYR Billion),2007–2016Table 56: Malaysian Takaful Non-Life Insurance, Total Investment Income (US$ Billion),2007–2016Table 57: Malaysian Takaful Non-Life Insurance, Retentions (MYR Billion), 2007–2016Table 58: Malaysian Takaful Non-Life Insurance, Retentions (US$ Billion), 2007–2016Table 59: Malaysian Takaful Property Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 60: Malaysian Takaful Property Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 61: Malaysian Takaful Fire and Allied Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 62: Malaysian Takaful Fire and Allied Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 63: Malaysian Takaful Engineering Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 64: Malaysian Takaful Engineering Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 65: Malaysian Takaful Other Property Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 66: Malaysian Takaful Other Property Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 67: Malaysian Takaful Motor Insurance, Gross Written Premiums (MYR Billion), 2007–2016Table 68: Malaysian Takaful Motor Insurance, Gross Written Premiums (US$ Billion), 2007–2016Table 69: Malaysian Takaful Motor Hull Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 70: Malaysian Takaful Motor Hull Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 71: Malaysian Takaful Third-Party Motor Insurance, Gross Written Premiums (MYR Billion),2007–2016Table 72: Malaysian Takaful Third-Party Motor Insurance, Gross Written Premiums (US$ Billion),2007–2016Table 73: Malaysian Takaful Marine, Aviation and Transit Insurance, Gross Written Premiums(MYR Billion), 2007–2016Table 74: Malaysian Takaful Marine, Aviation and Transit Insurance, Gross Written Premiums
  6. 6. (MYR Billion), 2007–2016Table 75: Malaysian Takaful Personal Accident and Health Insurance, Gross Written Premiums(MYR Billion), 2007–2016Table 76: Malaysian Takaful Personal Accident and Health Insurance, Gross Written Premiums(MYR Billion), 2007–2016Table 77: Malaysian Takaful Insurance Industry DefinitionsList of FiguresFigure 1: Evolution and Future Outlook of Takaful Insurance Industry in MalaysiaFigure 2: Malaysian Takaful Industry Gross Written Premiums (MYR Billion), 2007–2016Figure 3: Malaysian Domestic and International Takaful Insurance Companies in Malaysia, 2012Figure 4: Malaysian Takaful Insurance Segments Gross Written Premium (%), 2007 and 2011Figure 5: Malaysian Takaful Insurance Segments Gross Written Premium (MYR Billion),2007–2016Figure 6: Global Takaful Market Share (%), 2007, 2012 and 2016Figure 7: Growth Potential of Global Takaful Insurance Industry, 2011Figure 8: Malaysian Takaful Life Insurance, Gross Written Premiums (MYR Billion), 2007–2016Figure 9: Malaysian Takaful Life Insurance, Premiums Per-Capita (MYR Per-capita), 2007–2016Figure 10: Malaysian Takaful Life Insurance, Number of Active Policies (Thousand), 2007–2016Figure 11: Malaysian Takaful Life Insurance, Insurance Density (Number of Policies Per-Capita),2007–2016Figure 12: Malaysian Takaful Life Insurance, Sum Assured (MYR Trillion), 2007–2016Figure 13: Malaysian Takaful Life Insurance, Insurance Penetration (Percentage of GDP),2007–2016Figure 14: Malaysian Takaful Life Insurance, Paid Claims (MYR Billion), 2007–2016Figure 15: Malaysian Takaful Life Insurance, Commissions and Expenses (MYR Billion),2007–2016Figure 16: Malaysian Takaful Life Insurance, Total Assets (MYR Billion), 2007–2016Figure 17: Malaysian Takaful Life Insurance, Investments (MYR Billion), 2007–2016Figure 18: Malaysian Takaful Life Insurance, Total Investment Income (MYR Billion), 2007–2016Figure 19: Malaysian Life Insurance Customers Gross Written Premium (%), 2007 and 2011Figure 20: Malaysian Life Insurance Customers Gross Written Premium (MYR Billion), 2007–2016Figure 21: Malaysian Takaful Life Insurance, Individual Life – Number of Active Policies(Thousand), 2007–2016Figure 22: Malaysian Takaful Individual Life – Gross Written Premiums (MYR Billion), 2007–2016Figure 23: Malaysian Takaful Individual Unit Linked Number of Active Policies (Thousand),2007–2016Figure 24: Malaysian Takaful Individual Unit-Linked Gross Written Premiums (MYR Billion),2007–2016Figure 25: Malaysian Takaful Group Life, Number of Active Policies (Thousand), 2007–2016Figure 26: Malaysian Takaful Group Life, Gross Written Premiums (MYR Billion) 2007–2016Figure 27: Malaysian Life Insurance New Business, Number of Active Policies (Thousand),
  7. 7. 2007–2016Figure 28: Malaysian Takaful Life Insurance New Business, Gross Written Premiums (MYR Billion)2007–2016Figure 29: Malaysian Takaful Non-Life Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 30: Malaysian Takaful Non-Life Insurance, Earned Premiums (MYR Billion), 2007–2016Figure 31: Malaysian Takaful Non-Life Insurance, Premiums Per-Capita (Per-Capita MYR),2007–2016Figure 32: Malaysian Takaful Non-Life Insurance, Insurance Penetration (% of GDP) 2007–2016Figure 33: Malaysian Takaful Non-Life Insurance, Gross Claims (MYR Billion), 2007–2016Figure 34: Malaysian Takaful Non-Life Insurance, Paid Claims (MYR Billion), 2007–2016Figure 35: Malaysian Takaful Non-Life Insurance, Change in Outstanding Reserves (MYR Billion),2007–2016Figure 36: Malaysian Takaful Non-Life Insurance, Incurred Loss (MYR Billion), 2007–2016Figure 37: Malaysian Takaful Non-Life Insurance, Loss Ratio (%), 2007–2016Figure 38: Malaysian Takaful Non-Life Insurance, Commissions and Expenses (MYR Billon),2007–2016Figure 39: Malaysian Takaful Non-Life Insurance, Combined Ratio (%), 2007–2016Figure 40: Malaysian Takaful Non-Life Insurance, Total Assets (MYR Billion), 2007–2016Figure 41: Malaysian Takaful Non-Life Insurance, Investments (MYR Billion), 2007–2016Figure 42: Malaysian Takaful Non-Life Insurance, Total Investment Income (MYR Billion),2007–2016Figure 43: Malaysian Takaful Non-Life Insurance, Retentions (MYR Billion), 2007–2016Figure 44: Malaysian Non-Life Insurance Categories Gross Written Premium (%), 2007 and 2011Figure 45: Malaysian Non-Life Insurance Categories Gross Written Premium (MYR Billion),2007–2016Figure 46: Malaysian Takaful Property Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 47: Malaysian Takaful Fire and Allied Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 48: Malaysian Takaful Engineering Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 49: Malaysian Takaful Other Property Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 50: Malaysian Takaful Motor Insurance, Gross Written Premiums (MYR Billion), 2007–2016Figure 51: Malaysian Takaful Motor Hull Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 52: Malaysian Takaful Third-Party Motor Insurance, Gross Written Premiums (MYR Billion),2007–2016Figure 53: Malaysian Takaful Marine, Aviation and Transit Insurance, Gross Written Premiums(MYR Billion), 2007–2016Figure 54: Malaysian Takaful Personal Accident and Health Insurance, Gross Written Premiums
  8. 8. (MYR Billion), 2007–2016Contact: sales@reportsandreports.com for more information.

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