New Report Available: Taiwan Insurance Report Q2 2016

From: Fast Market Research, Inc.
Published: Fri Apr 29 2016


As of early 2016, we have revised down slightly our forecasts for premiums for both the life and the non-life segments, in order to recognise the slightly less favourable economic prospects for Greater China and the rest of the Asia-Pacific region over the coming years. Nevertheless, the life insurers - who represent a key conduit for organised savings - should continue to enjoy growth in premiums of 5-6% annually through the forecast period. Non-life insurance premiums are expected to increase at a similar pace. Demographic trends mean that health insurance should remain something of a growth hotspot.

Key Updates And Forecasts

Taking into consideration the results announced by the leading financial holding companies in relation to 2015 (or periods to September), we estimate growth in life and non-life premiums of 2.1% and 4.2% respectively for 2015. Premiums in the two major segments are forecast to increase by 3.0% and 5.9% respectively in 2016. Particular companies have enjoyed considerably greater growth in first--year premiums as a result of targeted sales/marketing strategies. Some companies have been affected by the volatility in global financial markets. However, many have restructured their balance sheets to reduce risk and/or to improve interest income spreads.

Full Report Details at
- http://www.fastmr.com/prod/1152899_taiwan_insurance_report_q2.aspx?afid=301

Demographic changes and marketing initiatives mean that several of the leading insurance groups are enjoying strong growth in sales of health and long-term care products.

The Taiwan Insurance Report has been researched at source and features BMI Research's independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.

BMI's Taiwan Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Taiwanese insurance industry.

Key Benefits
Benchmark BMI's independent insurance industry forecasts for Taiwan to test other views - a key input for successful budgeting and strategic business planning in Taiwan's insurance market.
Target business opportunities and risks in Taiwan through our reviews of latest industry trends, regulatory changes and major deals, investments and macroeconomic developments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

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 (1.413.485.7001 Int'l)


Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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