Reinsurance in Indonesia, Key Trends and Opportunities to 2018

Published: May, 2014 | Pages: 62 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


Synopsis
The report provides in depth market analysis, information and insights into the Indonesian reinsurance segment, including:
The Indonesian reinsurance segment's growth prospects by reinsurance categories 
Key trends and drivers for the reinsurance segment 
The Indonesian reinsurance segment's growth prospects by reinsurance ceded from direct insurance segments
The competitive landscape in the Indonesian reinsurance segment  

Summary
The Indonesian reinsurance segment posted a compound annual growth rate (CAGR) of 8.8% during the review period (2009-2013), as a result of robust growth in the overall insurance industry, strong economic development, and the frequent occurrence of natural disasters which forced insurers to share larger proportions of risk with reinsurance companies. The reinsurance segment's written premium value increased, due to an increase in overall written premium in the insurance industry at a review-period CAGR of 24.1%. These factors are expected to continue to generate business for Indonesian reinsurers over the forecast period. The reinsurance segment's written premium value is subsequently projected to post a forecast-period CAGR of 10.0% . 
Scope
This report provides a comprehensive analysis of the reinsurance segment in Indonesia:
It provides historical values for Indonesia's reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
It offers a detailed analysis of the key sub-segments in Indonesia's reinsurance segment, along with market forecasts until 2018.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Indonesia and its growth prospects.  
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the Indonesian reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Indonesian reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Indonesian insurance industry and its impact on companies and the market's future 
Key Highlights
 The insurance industry's robust review-period growth and the frequent occurrence of natural disasters, which forced insurers to share larger proportions of risk, drove growth in the Indonesian reinsurance segment during the review period at a CAGR of 8.8%.
The Indonesian reinsurance segment comprises four domestic reinsurers which cover life, non-life, personal accident and health and Sharia-compliant reinsurance.
Mandatory treaty reinsurance led the reinsurance segment in 2013, representing 88.8% of written premium, while facultative reinsurance accounted for 11.2%.
The Indonesian reinsurance segment is highly concentrated and dominated by domestic reinsurers.

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Indonesian Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2009-2018
4 Reinsurance Growth Dymics and Challenges
4.1 Reinsurance Segment Size, 2009-2018
4.2 Reinsurance Segment Size by Type of Insurance, 2009-2018
5 Key Industry Trends and Drivers
5.1 Fundamental Business Drivers
5.2 Life Insurance Segment Drivers
5.3 Non-Life Insurance Segment Drivers
5.4 Persol Accident and Health Insurance Segment Drivers
6 Competitive Landscape and Strategic Insights
6.1 Overview
6.2 Leading Companies in the Indonesia Reinsurance Segment
6.3 PT Reasuransi Intertiol Indonesia - Company Overview
6.3.1 PT Reasuransi Intertiol Indonesia - key facts
6.3.2 PT Reasuransi Intertiol Indonesia - key fincials
6.4 PT Reasuransi siol Indonesia - Company Overview
6.4.1 PT Reasuransi siol Indonesia - key facts
6.4.2 PT Reasuransi siol Indonesia - key fincials
6.5 PT Maskapai Reasuransi Indonesia - Company Overview
6.5.1 PT Maskapai Reasuransi Indonesia - key facts
6.5.2 PT Maskapai Reasuransi Indonesia - key fincials
6.6 PT Tugu Reasuransi Indonesia - Company Overview
6.6.1 PT Tugu Reasuransi Indonesia - key facts
7 Business Environment and Country Risk
7.1 Business Confidence
7.1.1 Market capitalization trend - Jakarta Stock Exchange, Indonesia
7.2 Economic Performance
7.2.1 GDP at constant prices (US$)
7.2.2 GDP per capita at constant prices (US$)
7.2.3 GDP at current prices (US$)
7.2.4 GDP per capita at current prices (US$)
7.2.5 Inflation rate
7.2.6 Annual average exchange rate IDR-US$
7.3 Infrastructure
7.3.1 Total internet subscribers
7.4 Labor Force
7.4.1 Labor force
7.4.2 Unemployment rate
7.5 Demographics
7.5.1 Gross tiol disposable income (US$)
7.5.2 Household consumption expenditure (US$)
7.5.3 Total population
7.5.4 Urban and rural populations
7.5.5 Age distribution of the total population
8 Appendix
8.1 Methodology
8.2 Contact Timetric
8.3 About Timetric
8.4 Timetric's Services
8.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: Indonesian Insurance - Gross Written Premium by Segment (IDR Billion), 2009-2013
Table 3: Indonesian Insurance - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 4: Indonesian Insurance - Gross Written Premium by Segment (IDR Billion), 2013-2018
Table 5: Indonesian Insurance - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 6: Indonesian Insurance - Segmentation (% Share), 2009-2018
Table 7: Indonesian Insurance - Direct Written Premium by Segment (IDR Billion), 2009-2013
Table 8: Indonesian Insurance - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 9: Indonesian Insurance - Direct Written Premium by Segment (IDR Billion), 2013-2018
Table 10: Indonesian Insurance - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 11: Indonesian Insurance - Segmentation, Direct Written Premium (% Share), 2009-2018
Table 12: Indonesian Reinsurance - Premium Accepted by Category (IDR Billion), 2009-2013
Table 13: Indonesian Reinsurance - Premium Accepted by Category (US$ Billion), 2009-2013
Table 14: Indonesian Reinsurance - Premium Accepted by Category (IDR Billion), 2013-2018
Table 15: Indonesian Reinsurance - Premium Accepted by Category (US$ Billion), 2013-2018
Table 16: Indonesian Reinsurance - Premium Ceded by Type of Insurance (IDR Billion), 2009-2013
Table 17: Indonesian Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2009-2013
Table 18: Indonesian Reinsurance - Premium Ceded by Type of Insurance (IDR Billion), 2013-2018
Table 19: Indonesian Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2013-2018
Table 20: Indonesian Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 21: Indonesian Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 22: Indonesian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 23: Indonesian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 24: Indonesian Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 25: Indonesian Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 26: Indonesian Reinsurance - Segment Shares (%), 2012
Table 27: PT Reasuransi Intertiol Indonesia, Key Facts
Table 28: PT Reasuransi Intertiol Indonesia, Key Fincials (IDR Million), 2008-2012
Table 29: PT Reasuransi siol Indonesia, Key Facts
Table 30: PT Reasuransi siol Indonesia, Key Fincials (IDR Million), 2008-2012
Table 31: PT Maskapai Reasuransi Indonesia, Key Facts
Table 32: PT Maskapai Reasuransi Indonesia, Key Fincials (IDR Million), 2008-2012
Table 33: PT Tugu Reasuransi Indonesia, Key Facts