Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry 2020

Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry 2020

  • May 2017 •
  • 113 pages •
  • Report ID: 4917509 •
  • Format: PDF
Synopsis
Timetric’s 'Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry 2020' report provides detailed analysis of the trends in the Indonesian takaful industry.

It provides values for 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 (2011–2015) and forecast period (2015–2020).

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

Summary
Timetric’s 'Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry 2020' report provides in-depth industry analysis, information and insights into the takaful insurance industry in Indonesia, including:

- The Indonesian takaful industry’s growth prospects by insurance segment and category

- The current trends in the Indonesian takaful industry

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

- It provides historical values for the Indonesian takaful industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.

- It offers a detailed analysis of the key segments and categories in the Indonesian takaful industry, along with forecasts until 2020.

- 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 Indonesian takaful insurance industry and each segment within it.

- Understand the demand-side dynamics, key trends and growth opportunities in the Indonesian takaful industry.

- Identify the growth opportunities and market dynamics in key segments.

Key Highlights
- The Indonesian parliament implemented the new Insurance Law 2014 with effect from October 23, 2014.

- In January 2014, the government introduced a universal healthcare scheme, the JKN, which will provide services ranging from flu treatment to open-heart surgery, dialysis and chemotherapy.

- On December 28, 2016, the OJK enacted Regulation No. 67/POJK.05/2016, requiring insurers to prepare implementation and business plans related to the divestment of takaful businesses for the regulator.
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