Personal Accident and Health Insurance in Indonesia, Trends and Opportunities to 2016: Government Initiatives to Achieve Universal Health Insurance by 2014 to Drive Market Growth


#88266

204pages

Timetric

$ 1950

In Stock

Synopsis

The report provides top-level market analysis, information and insights into the Indonesian personal accident and health insurance market, including:

  • The Indonesian personal accident and health insurance markets growth prospects by personal accident and health insurance categories
  • The various distribution channels in the Indonesian 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 Indonesia
Summary

Continuing problems of instability and violence have encouraged Indonesians to take personal accident and health insurance. Initiatives by the Indonesian government to implement a social health insurance policy to provide affordable healthcare to the population living below the poverty line is expected to drive personal accident and health insurance over the forecast period.

Scope

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

  • It provides historical values for Indonesias 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 Indonesias 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 Indonesia 
  • Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Indonesia for the personal accident and health insurance business
  • It provides a detailed analysis of the reinsurance market in Indonesia and its growth prospects
  • It profiles the top personal accident and health insurance companies in Indonesia, and outlines the key regulations affecting them
Reasons To Buy

  • Make strategic business decisions using top-level historic and forecast market data related to the Indonesian personal accident and health insurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Indonesian 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 Indonesian insurance market and its impact on companies and the market's future
Key Highlights

  • Initiatives by the Indonesian government to implement a social health insurance policy to provide affordable healthcare to the population living below the poverty line is expected to drive personal accident and health insurance over the forecast period
  • The largest category in the personal accident and health insurance market is health insurance, which generated 91.1% of the markets total written premiums in 2011. The growth experienced by the health insurance market is mainly due to the premiums generated from the social security healthcare insurance provided by the Indonesian government
  • Although agents will continue to dominate the distribution channel, bancassurance is likely to grow at a faster rate, with a CAGR of 15.6% over the forecast period
  • The Indonesian personal accident and health insurance segment is highly fragmented, with the top ten companies accounting for 11.9% of the gross written premium in 2010. The top three companies in the Indonesian personal accident and health insurance industry are PT PT Asuransi Sinar Mas, PT Lippo General Insurance Tbk and PT Asuransi Reliance Indonesia