Monday, 20 February 2012

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

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 Indonesia’s personal accident and health insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
It offers a detailed analysis of the key sub-segments in Indonesia’s 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 Porter’s 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

Indonesian Personal Accident and Health Insurance Market


Published: February 2012
No. of Pages: 204
Price: Single User License – US$1950              Corporate User License – US$5850


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 market’s 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

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

Explore Comprehensive list of Tables and Figures available in the report @ http://www.reportsnreports.com/reports/147996-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.html


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