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Insurance in Indonesia

Insurance in Indonesia

Summary

Insurance in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Indonesia insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Indonesian insurance market had total gross written premiums of $20.0bn in 2016, representing a compound annual growth rate (CAGR) of 16.5% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $15.3bn, equivalent to 76.3% of the market's overall value.

The strong growth of the Indonesian economy in recent years has led to rising incomes among the population, spurring demand for insurance products. Demand for life insurance savings products has largely contributed to the immense growth rates of the market in recent years, driven by a growing middle class and rising awareness over insurance.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Indonesia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Indonesia
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia insurance market with five year forecasts
Reasons to buy
  • What was the size of the Indonesia insurance market by value in 2016?
  • What will be the size of the Indonesia insurance market in 2021?
  • What factors are affecting the strength of competition in the Indonesia insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Indonesia's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Allianz Group
PT. Asuransi Jiwasraya (Persero)
Manulife Financial Corporation
Prudential Plc
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Indonesia insurance market value: $ billion, 2012-16
Table 2: Indonesia insurance market category segmentation: $ billion, 2016
Table 3: Indonesia insurance market geography segmentation: $ billion, 2016
Table 4: Indonesia insurance market value forecast: $ billion, 2016-21
Table 5: Allianz Group: key facts
Table 6: Allianz Group: key financials ($)
Table 7: Allianz Group: key financials (€)
Table 8: Allianz Group: key financial ratios
Table 9: PT. Asuransi Jiwasraya (Persero): key facts
Table 10: PT. Asuransi Jiwasraya (Persero): key financials ($)
Table 11: PT. Asuransi Jiwasraya (Persero): key financials (IDR)
Table 12: PT. Asuransi Jiwasraya (Persero): key financial ratios
Table 13: Manulife Financial Corporation: key facts
Table 14: Manulife Financial Corporation: key financials ($)
Table 15: Manulife Financial Corporation: key financials (C$)
Table 16: Manulife Financial Corporation: key financial ratios
Table 17: Prudential Plc: key facts
Table 18: Prudential Plc: key financials ($)
Table 19: Prudential Plc: key financials (£)
Table 20: Prudential Plc: key financial ratios
Table 21: Indonesia size of population (million), 2012-16
Table 22: Indonesia gdp (constant 2005 prices, $ billion), 2012-16
Table 23: Indonesia gdp (current prices, $ billion), 2012-16
Table 24: Indonesia inflation, 2012-16
Table 25: Indonesia consumer price index (absolute), 2012-16
Table 26: Indonesia exchange rate, 2012-16
List of Figures
Figure 1: Indonesia insurance market value: $ billion, 2012-16
Figure 2: Indonesia insurance market category segmentation: % share, by value, 2016
Figure 3: Indonesia insurance market geography segmentation: % share, by value, 2016
Figure 4: Indonesia insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Indonesia, 2016
Figure 6: Drivers of buyer power in the insurance market in Indonesia, 2016
Figure 7: Drivers of supplier power in the insurance market in Indonesia, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Indonesia, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Indonesia, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Indonesia, 2016
Figure 11: Allianz Group: revenues & profitability
Figure 12: Allianz Group: assets & liabilities
Figure 13: PT. Asuransi Jiwasraya (Persero): revenues & profitability
Figure 14: PT. Asuransi Jiwasraya (Persero): assets & liabilities
Figure 15: Manulife Financial Corporation: revenues & profitability
Figure 16: Manulife Financial Corporation: assets & liabilities
Figure 17: Prudential Plc: revenues & profitability
Figure 18: Prudential Plc: assets & liabilities

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