Summary
Life Insurance in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Indonesia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Indonesia
- Leading company profiles reveal details of key life insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia life insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the Indonesia life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the Indonesia life insurance market by value in 2015?
- What will be the size of the Indonesia life insurance market in 2020?
- What factors are affecting the strength of competition in the Indonesia life insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Indonesia's life insurance market?
Key Highlights
The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2015 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
The Indonesian life insurance market had total gross written premiums of $10.5bn in 2015, representing a compound annual growth rate (CAGR) of 14.1% between 2011 and 2015.
The life insurance segment was the market's most lucrative in 2015, with total gross written premiums of $9bn, equivalent to 86.3% of the market's overall value.
Growth in this market has largely been driven by a large, young population with a rapidly growing middle class. What's more, life insurance penetration is low in this growing economy, which will contribute to future growth.
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Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
AIA Group Limited
AXA
PT. Asuransi Jiwasraya (Persero)
Prudential plc
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
Table 1: Indonesia life insurance market value: $ billion, 2011-15
Table 2: Indonesia life insurance market category segmentation: $ billion, 2015
Table 3: Indonesia life insurance market geography segmentation: $ billion, 2015
Table 4: Indonesia life insurance market share: % share, by value, 2015
Table 5: Indonesia life insurance market value forecast: $ billion, 2015-20
Table 6: AIA Group Limited: key facts
Table 7: AIA Group Limited: key financials ($)
Table 8: AIA Group Limited: key financial ratios
Table 9: AXA : key facts
Table 10: AXA : key financials ($)
Table 11: AXA : key financials (€)
Table 12: AXA : key financial ratios
Table 13: PT. Asuransi Jiwasraya (Persero): key facts
Table 14: PT. Asuransi Jiwasraya (Persero): key financials ($)
Table 15: PT. Asuransi Jiwasraya (Persero): key financials (IDR)
Table 16: PT. Asuransi Jiwasraya (Persero): key financial ratios
Table 17: Prudential plc : key facts
Table 18: Prudential plc : key financials ($)
Table 19: Prudential plc : key financials (£)
Table 20: Prudential plc : key financial ratios
Table 21: Indonesia size of population (million), 2011-15
Table 22: Indonesia gdp (constant 2005 prices, $ billion), 2011-15
Table 23: Indonesia gdp (current prices, $ billion), 2011-15
Table 24: Indonesia inflation, 2011-15
Table 25: Indonesia consumer price index (absolute), 2011-15
Table 26: Indonesia exchange rate, 2011-15
AIA Group Limited
AXA
PT. Asuransi Jiwasraya (Persero)
Prudential plc