Personal Accident and Health Insurance in Malaysia, Trends and Opportunities to 2016


#138612

210pages

Timetric

$ 1950

In Stock


Synopsis

The report provides in depth market analysis, information and insights into the Malaysian personal accident and health insurance market, including:

  • The Malaysian personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Malaysian personal accident and health insurance market
  • The competitive landscape in the personal accident and health insurance market
  • A description of the personal accident and health reinsurance market in Malaysia

Summary

The Malaysian personal accident and health insurance segment accounted for the lowest industry share of all the segments. During the review period rising levels of healthcare expenditure, increasing employment rates and industrial growth drove the personal accident and health insurance segment. The Malaysian healthcare system comprises public and private healthcare services and Malaysias aging population is expected to drive the segment over the forecast period, due to an increase in demand. The Malaysian personal accident and health insurance segment is moderately concentrated. The costs associated with the private healthcare system exclude participation from lower income demographics. However, with industrial growth, positive employment opportunities and rising GDP, the nations middle class population is expected to increase over the forecast period and drive the personal accident and health insurance segment.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance market in Malaysia:

  • It provides historical values for Malaysias personal accident and health insurance market for the reports 20072011 review period and forecast figures for the 20122016 forecast period 
  • It offers a detailed analysis of the key sub-segments in Malaysias personal accident and health insurance market, along with market forecasts until 2016
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions 
  • It analyses the various distribution channels for personal accident and health insurance products in Malaysia 
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Malaysia for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in Malaysia and its growth prospects
  • It profiles the top personal accident and health insurance companies in Malaysia and outlines the key regulations affecting them

Reasons To Buy

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

Key Highlights

  • The Malaysian personal accident and health insurance segment accounted for the lowest industry share of all the segments.
  • During the review period rising levels of healthcare expenditure, increasing employment rates and industrial growth drove the personal accident and health insurance segment.
  • A minimal market penetration rate opens up opportunities for insurance companies and signals positive growth potential for the segment as a whole. 
  • The Malaysian manufacturing industry is expected to drive the growth of the personal accident and health insurance segment over the forecast period.
  • Frequent occurrence of natural disasters will create a higher level of risk-awareness among Malaysian consumers which will drive growth in the Malaysian personal accident and health insurance segment over the forecast period.