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Indonesia Life Insurance Market to 2027

Publisher MarketLine
Published Nov 10, 2023
Length 43 Pages
SKU # MTLN18457207

Description

Indonesia Life Insurance Market to 2027


Summary
Life Insurance in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The market is segmented into Life Insurance and Pension/Annuity.
  • The Indonesian life insurance market had total gross written premiums of $11.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 3.8% between 2017 and 2022.
  • The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $11.8 billion, equivalent to 100% of the market's overall value.
  • Life insurance coverage in the Indonesian population is lower than in various emerging economies. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in Indonesia was 1.1%.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Indonesia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Indonesia
  • Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia life insurance market with five year forecasts
Reasons to Buy
  • What was the size of the Indonesia life insurance market by value in 2022?
  • What will be the size of the Indonesia life insurance market in 2027?
  • What factors are affecting the strength of competition in the Indonesia life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Indonesia's life insurance market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
8 Company Profiles
8.1. AIA Group Ltd
8.2. Allianz SE
8.3. PT Prudential Life Assurance
8.4. PT Asuransi Simas Jiwa
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Indonesia life insurance market value: $ billion, 2017–22
Table 2: Indonesia life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Indonesia life insurance market category segmentation: $ billion, 2017-2022
Table 4: Indonesia life insurance market geography segmentation: $ billion, 2022
Table 5: Indonesia life insurance market value forecast: $ billion, 2022–27
Table 6: AIA Group Ltd: key facts
Table 7: AIA Group Ltd: Annual Financial Ratios
Table 8: AIA Group Ltd: Key Employees
Table 9: AIA Group Ltd: Key Employees Continued
Table 10: Allianz SE: key facts
Table 11: Allianz SE: Annual Financial Ratios
Table 12: Allianz SE: Key Employees
Table 13: Allianz SE: Key Employees Continued
Table 14: PT Prudential Life Assurance: key facts
Table 15: PT Prudential Life Assurance: Key Employees
Table 16: PT Asuransi Simas Jiwa: key facts
Table 17: PT Asuransi Simas Jiwa: Key Employees
Table 18: Indonesia size of population (million), 2018–22
Table 19: Indonesia gdp (constant 2005 prices, $ billion), 2018–22
Table 20: Indonesia gdp (current prices, $ billion), 2018–22
Table 21: Indonesia inflation, 2018–22
Table 22: Indonesia consumer price index (absolute), 2018–22
Table 23: Indonesia exchange rate, 2018–22
List of Figures
Figure 1: Indonesia life insurance market value: $ billion, 2017–22
Figure 2: Indonesia life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Indonesia life insurance market geography segmentation: % share, by value, 2022
Figure 4: Indonesia life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Indonesia, 2022
Figure 6: Drivers of buyer power in the life insurance market in Indonesia, 2022
Figure 7: Drivers of supplier power in the life insurance market in Indonesia, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Indonesia, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Indonesia, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Indonesia, 2022

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