New Market Research Report: Reinsurance in Malaysia, Key Trends and Opportunities to 2017

The written premium value of the reinsurance segment increased from MYR1.03 billion (US$0.31 billion) in 2008 to MYR1.41 billion (US$0.46 billion) in 2012, at a review-period compound annual growth rate (CAGR) of 8.1%. The segment is expected to continue to record strong growth over the forecast period (2013-2017), supported by national economic development, the growth of the country's real estate market, a rise in banking penetration and improved access to credit. The expansion of direct insurance segments is also expected to support reinsurance growth, with the written premium value of the country's life segment expected to record a forecast-period CAGR of 7.8%, the non-life segment anticipated to post a forecast-period CAGR of 6.5%, and the personal accident and health segment expected to increase at a CAGR of 8.3%.

Full Report Details at
- http://www.fastmr.com/prod/721122_reinsurance_in_malaysia_key_trends_and.aspx?afid=301

Key Highlights

* The written premium value of the reinsurance segment increased from MYR1.03 billion (US$0.31 billion) in 2008 to MYR1.41 billion (US$0.46 billion) in 2012, at a review-period compound annual growth rate (CAGR) of 8.1%
* Risk of natural disasters expected to drive expansion of reinsurance
* During the review period, the government liberalized the country's reinsurance segment, which opened the market to foreign companies and offered various incentives and benefits - such as the removal of sales tax, excise, and import duties - to attract them
* The reinsurance segment is highly consolidated with the presence of both domestic and foreign reinsurers. As of 2012, there were seven companies authorized to offer reinsurance services in the country

Scope

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

* It provides historical values for Malaysia's reinsurance segment for the report's 2008-2012 review period, and forecast figures for the 2012-2017 forecast period
* It offers a detailed analysis of the key categories in Malaysia's reinsurance segment, along with market forecasts until 2017
* It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Malaysia and its growth prospects

Reasons to Get this Report

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

Companies Mentioned in this Report: Malaysian Re, Asia Capital, Hannover Re, Swiss Re, Munich Re, Toa Re

About Fast Market Research

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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