Long open to foreign majors, both the life and the non-life segments of Malaysia's insurance sector are substantial and sophisticated. Growth in the life segment should be driven by growth in the number of potential customers, as well as innovation in terms of product development and distribution. Growth in the non-life segment will be driven mainly by the overall expansion of the economy. Malaysia remains one of the most important markets for takaful - Sharia-compliant insurance - globally. However, takaful is growing less rapidly than the sector as a whole and accounts for about one fifth of premiums written in each of the two main segments. The Asean Economic Community (AEC) should accelerate the process of consolidation in the fragmented non-life segment, but is unlikely to result in other major changes.
Full Report Details at
- http://www.fastmr.com/prod/1038816_malaysia_insurance_report_q4.aspx?afid=301
In global terms, Malaysia could be considered as a medium sized national market for insurance, in which both major segments should grow at mid-single digit growth rates over the forecast period (i.e. to 2019) and, indeed for sometime afterwards.
The Malaysia 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 Malaysia Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Malaysian insurance industry.
Key Benefits
* Benchmark BMI's independent insurance industry forecasts for Malaysia to test other views - a key input for successful budgeting and strategic business planning in Malaysia's insurance market.
* Target business opportunities and risks in Malaysia 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
Summary of BMI’s key industry forecasts and views, covering the Life and Non-Life segments, the evolving competitive landscape and business operational risks.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the insurance sector and within the broader political, economic and business environment.
BMI Industry Forecasts
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)
You may also be interested in these related reports:
- Czech Republic Insurance Report Q4 2015
- Kuwait Insurance Report Q4 2015
- Brazil Insurance Report Q4 2015
- Turkey Insurance Report Q4 2015
- Russia Insurance Report Q4 2015
Malaysia Insurance Report Q4 2015 - New Market Report
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001