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Market Attractiveness and Future Prospects of the Malaysian Takaful Insurance Industry analysis, Size, Shares, Growth, Trends, Forecast

04-26-2017 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Market Attractiveness and Future Prospects of the Malaysian

"The Report Market Attractiveness and Future Prospects of the Malaysian Takaful Insurance Industry provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Attractiveness and Future Prospects Market

Synopsis

Timetric’s 'Market Attractiveness and Future Prospects of the Malaysian Takaful Insurance Industry' report provides in-depth industry analysis, information and insights into the takaful insurance industry in Malaysia, including:

The Malaysian takaful insurance industry’s growth prospects by insurance segment and category
The current trends in the Malaysian takaful insurance industry

Get Sample Copy Of The Report @ http://www.marketresearchreports.biz/sample/sample/285488

Executive summary

Timetric’s 'Market Attractiveness and Future Prospects of the Malaysian Takaful Insurance Industry' report provides detailed analysis of the trends in the Malaysian takaful insurance industry. It uses key performance indicators such as gross written premium, direct written premium, earned premium, claims, incurred loss, loss ratio, combined ratio, commissions and expenses, assets and investments during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages.

View Report @ http://www.marketresearchreports.biz/analysis/285488

Scope

This report provides a comprehensive analysis of the takaful insurance industry in Malaysia:

It provides historical values for the Malaysian takaful insurance industry for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
It offers a detailed analysis of the key segments and categories in the Malaysian takaful insurance industry, along with forecasts until 2018.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income.

Reasons to buy

Make strategic business decisions using in-depth historic and forecast industry data related to the Malaysian takaful insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities in the Malaysian takaful insurance industry.
Identify the growth opportunities and market dynamics in key segments.

Key highlights

The Malaysian takaful industry’s written premium value has increased in 2013, as compared to the written premiums in 2009 at a review-period (2009–2013) compound annual growth rate (CAGR) of 14.4%.
The Malaysian life insurance segment grabbed the highest share (76.4%) of the total gross written premiums in 2013 in the country. According to the statistics released by the Bank Negara Malaysia (BNM), the takaful life segment grew at a review period CAGR of 13.9%.
GDP at current prices increased from US$202.2 billion in 2009 to US$313.2 billion in 2013 and the annual disposable income grew from US$192.7 billion in 2009 to US$296.5 billion in 2013.
According to Malaysia’s central bank, BNM, there are 11 takaful operators and four retakaful operators in the country. Of these, two takaful and three retakaful operators are foreign-owned.
BNM proposed some key initiatives to develop the country’s insurance and takaful industry in 2013 through the expansion of distribution channels, improvement in products and services, and disclosure and transparency to facilitate consumer protection. Consultation on the points was completed in January 2014.

Table of Contents

1 Key Facts and Highlights

2 Analysis of Malaysian Takaful Market Dynamics

3 Takaful Life Insurance Segment Trends
3.1 Policies and Premiums
3.1.1 Gross written premium
3.1.2 Premiums per capita
3.1.3 Penetration
3.1.4 Number of active policies
3.2 Claims and Expenses
3.2.1 Claims
3.2.2 Loss ratio
3.2.3 Commissions and expenses
3.3 Assets and Investments
3.3.1 Total assets
3.3.2 Total investment income
3.3.3 Investments

4 Takaful Life Insurance Sub-Segments
4.1 Takaful Individual Life Insurance
4.1.1 Direct written premium
4.1.2 Number of active policies
4.1.3 Penetration
4.2 Takaful Group Life Insurance
4.2.1 Direct written premium
4.2.2 Number of active policies
4.2.3 Penetration

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