Reinsurance in Malaysia, Key Trends and Opportunities to 2016

The Malaysian insurance industry is considered to be one of the promising insurance industries in South East Asia, with the industry registering stable growth in written premiums during the review period (2007–2011). Meanwhile, the reinsurance segment also showed healthy growth during the review period. The reinsurance segment is expected to continue recording strong growth over the forecast period (2012–2016). This will be supported by the country’s improving economic condition, expanding real estate industry and increasing access to credit markets with a rising number of Malaysians owning bank accounts. In particular, increasing property insurance policy sales to protect against natural disasters, such as flooding,  that often affect the country will encourage non-life insurance companies to cede premium to reinsurance companies in order to mitigate their risks from natural disasters.

Scope

This report provides a comprehensive analysis of the reinsurance market in Malaysia:

• It provides historical values for the Malaysian reinsurance 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 the Malaysian reinsurance market, along with market forecasts until 2016
• It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Malaysia and its growth prospects
• It profiles the top reinsurance companies in Malaysia

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Malaysian reinsurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Malaysian reinsurance market
• Assess the competitive dynamics in the reinsurance market
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Malaysian insurance market and its impact on companies and the market's future

Key Highlights

• The Malaysian insurance industry is considered to be one of the promising insurance industries in South East Asia, and the industry registered stable growth in written premiums during the review period.
• In addition to liberalizing the reinsurance segment, the Malaysian government offered various incentives and benefits to foreign companies in order to encourage these companies to establish operations in the region.
• The Malaysian reinsurance segment experienced a price increase of up to 10% due to the 2010–2011 floods, which affected Northern Malaysia in the November 2010 and Southern Malaysia in January 2011.
• The Malaysian reinsurance segment is highly consolidated and only seven reinsurers operate in the country.