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Market Attractiveness and Future Prospects of the Qatari Takaful Insurance Industry

Synopsis

Timetric’s 'Market Attractiveness and Future Prospects of the Qatari Takaful Insurance Industry' report provides detailed analysis of the trends in the Qatari takaful insurance industry. It provides key performance indicators such as gross written premium, direct written premium, earned premium, claims, incurred loss, loss ratio, combined ratio, commissions and expenses, assets and investments during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages.

Summary

Timetric’s 'Market Attractiveness and Future Prospects of the Qatari Takaful Insurance Industry' report provides in-depth industry analysis, information and insights into the takaful insurance industry in Qatar, including:

  • The Qatari takaful insurance industry’s growth prospects by insurance segment and category
  • The current trends in the Qatari takaful insurance industry
Scope

This report provides a comprehensive analysis of the takaful insurance industry in Qatar:
  • It provides historical values for the Qatari takaful insurance industry for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key segments and categories in the Qatari takaful insurance industry, along with forecasts until 2018.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast industry data related to the Qatari takaful insurance industry and each segment within it.
  • Understand the demand-side dynamics, key trends and growth opportunities in the Qatari takaful insurance industry.
  • Identify the growth opportunities and market dynamics in key segments.
Key Highlights
  • The Qatari takaful industry’s gross written premium grew at a review-period CAGR of 26.6%.
  • Takaful personal accident and health insurance remained the largest segment in Qatar’s overall takaful insurance industry during the review period. The segment’s contribution to the overall industry stood at 58.3% in 2013.
  • The country’s GDP grew from US$96.1 billion in 2009 to US$198.9 billion in 2013, and is expected to reach US$270.9 billion in 2018.
  • Health insurance remains the major contributor to the takaful gross written premium growth in the country.
  • In 2004, Law No. 31/2004 amended the Organization of Foreign Capital Investment Law (Law No. 13/2000) to allow foreign investment in the insurance industry.


  • Analysis of Qatari Takaful Industry Dynamics
  • Takaful Life Insurance Trends
    • Policies and Premiums
      • Table Qatari Takaful Life Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Premium per Capita (QAR), 2009-2018
      • Table Qatari Takaful Life Insurance - Premium per Capita (US$), 2009-2018
      • Table Qatari Takaful Life Insurance - Number of Active Policies (Thousand), 2009-2018
      • Table Qatari Takaful Life Insurance - Insurance Density (Policies per Capita), 2009-2018
      • Table Qatari Takaful Life Insurance - Penetration (%), 2009-2018
    • Claims and Expenses
      • Table Qatari Takaful Life Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Loss Ratio (%), 2009-2018
      • Table Qatari Takaful Life Insurance - Combined Ratio (%), 2009-2018
      • Table Qatari Takaful Life Insurance - Commissions and Expenses (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Commissions and Expenses (US$ Million), 2009-2018
    • Total Assets
      • Table Qatari Takaful Life Insurance - Total Assets (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Total Assets (US$ Million), 2009-2018
    • Investments
      • Table Qatari Takaful Life Insurance - Investments (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Investments (US$ Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Total Investment Income (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Total Investment Income (US$ Million), 2009-2018
    • Other Key Performance Indicators
      • Table Qatari Takaful Life Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Life Insurance - Retentions (US$ Million), 2009-2018
    • Takaful Non-Linked Life Insurance
      • Table Qatari Takaful Non-Linked Life Insurance - Number of Active Policies (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Linked Life Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Linked Life Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Linked Life Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Linked Life Insurance - Direct Written Premium (US$ Million), 2009-2018
  • Takaful Non-Life Insurance Trends
    • Policies and Premiums
      • Table Qatari Takaful Non-Life Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Premium per Capita (QAR), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Premium per Capita (US$), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Penetration (%), 2009-2018
    • Claims and Expenses
      • Table Qatari Takaful Non-Life Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Loss Ratio (%), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Commissions and Expenses (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Commissions and Expenses (US$ Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Combined Ratio (%), 2009-2018
    • Total Assets
      • Table Qatari Takaful Non-Life Insurance - Total Assets (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Total Assets (US$ Million), 2009-2018
    • Investments
      • Table Qatari Takaful Non-Life Insurance - Investments (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Investments (US$ Million), 2009-2018
    • Investment Income
      • Table Qatari Takaful Non-Life Insurance - Total Investment Income (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Total Investment Income (US$ Million), 2009-2018
    • Other Key Performance Indicators
      • Table Qatari Takaful Non-Life Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Non-Life Insurance - Retentions (US$ Million), 2009-2018
  • Takaful Non-Life Insurance by Category
    • Property Insurance Trends
      • Table Qatari Takaful Property Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Retentions (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Property Insurance - Loss Ratio (%), 2009-2018
      • Fire and allied perils insurance
        • Table Qatari Takaful Fire and Allied Perils Insurance - Gross Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Fire and Allied Perils Insurance - Gross Written Premium (US$ Million), 2009-2018
        • Table Qatari Takaful Fire and Allied Perils Insurance - Direct Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Fire and Allied Perils Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Engineering insurance
        • Table Qatari Takaful Engineering Insurance - Gross Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Engineering Insurance - Gross Written Premium (US$ Million), 2009-2018
        • Table Qatari Takaful Engineering Insurance - Direct Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Engineering Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Other property insurance
        • Table Qatari Takaful Other Property Insurance - Gross Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Other Property Insurance - Gross Written Premium (US$ Million), 2009-2018
        • Table Qatari Takaful Other Property Insurance - Direct Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Other Property Insurance - Direct Written Premium (US$ Million), 2009-2018
    • Takaful Motor Insurance Trends
      • Table Qatari Takaful Motor Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Retentions (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Motor Insurance - Loss Ratio (%), 2009-2018
      • Motor hull insurance
        • Table Qatari Takaful Motor Hull Insurance - Gross Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Motor Hull Insurance - Gross Written Premium (US$ Million), 2009-2018
        • Table Qatari Takaful Motor Hull Insurance - Direct Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Motor Hull Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Motor third-party insurance
        • Table Qatari Takaful Motor Third-Party Insurance - Gross Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Motor Third-Party Insurance - Gross Written Premium (US$ Million), 2009-2018
        • Table Qatari Takaful Motor Third-Party Insurance - Direct Written Premium (QAR Million), 2009-2018
        • Table Qatari Takaful Motor Third-Party Insurance - Direct Written Premium (US$ Million), 2009-2018
    • Takaful Marine, Aviation and Transit Insurance Trends
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Retentions (US$ Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Paid Claims (US$ Thousand), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2018
  • Takaful Personal Accident and Health Insurance Trends
    • Premiums - Overview
      • Table Qatari Takaful Personal Accident and Health Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Premium per Capita (QAR), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Premium per Capita (US$), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Penetration (%), 2009-2018
    • Claims and Expenses
      • Table Qatari Takaful Personal Accident and Health Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Loss Ratio (%), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Commissions and Expenses (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Commissions and Expenses (US$ Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Combined Ratio (%), 2009-2018
    • Total Assets
      • Table Qatari Takaful Personal Accident and Health Insurance - Total Assets (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Total Assets (US$ Million), 2009-2018
    • Investments
      • Table Qatari Takaful Personal Accident and Health Insurance - Investments (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Investments (US$ Million), 2009-2018
    • Investment Income
      • Table Qatari Takaful Personal Accident and Health Insurance - Total Investment Income (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Total Investment Income (US$ Million), 2009-2018
    • Other Key Performance Indicators
      • Table Qatari Takaful Personal Accident and Health Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Personal Accident and Health Insurance - Retentions (US$ Million), 2009-2018
  • Takaful Personal Accident and Health Insurance by Category
    • Health Insurance
      • Table Qatari Takaful Health Insurance - Gross Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Gross Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Direct Written Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Direct Written Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Earned Premium (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Earned Premium (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Retentions (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Retentions (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Gross Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Gross Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Paid Claims (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Paid Claims (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Incurred Loss (QAR Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Incurred Loss (US$ Million), 2009-2018
      • Table Qatari Takaful Health Insurance - Loss Ratio (%), 2009-2018
  • Takaful Reinsurance
    • Table Qatari Takaful Reinsurance - Total Premium Accepted (QAR Million), 2009-2018
    • Table Qatari Takaful Reinsurance - Total Premium Accepted (US$ Million), 2009-2018
    • Table Qatari Takaful Reinsurance - Total Premium Ceded (QAR Million), 2009-2018
    • Table Qatari Takaful Reinsurance - Total Premium Ceded (US$ Million), 2009-2018
    • Insurance Ceded to Reinsurers by Segment
      • Life insurers
        • Table Qatari Takaful Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2018
      • Non-life insurers
        • Table Qatari Takaful Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2018
      • Personal accident and health insurers
        • Table Qatari Takaful Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2018
    • Insurance Retained by Reinsurers
      • Life insurance
        • Table Qatari Takaful Life Insurance - Percentage of Reinsurance Retained (%), 2009-2018
      • Non-life insurance
        • Table Qatari Takaful Non-Life Insurance - Percentage of Reinsurance Retained (%), 2009-2018
      • Personal accident and health insurance
        • Table Qatari Takaful Personal Accident and Health Insurance - Percentage of Reinsurance Retained (%), 2009-2018
  • Appendix
    • Methodology
    • Definitions
      • Table Qatari Takaful Insurance Industry Definitions
    • Contact Us
    • About Timetric
    • Disclaimer

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