Indonesian Insurance Market , Growth and Price Analysis and Forecast 2016

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Indonesian Insurance Market Emerging Opportunities, Key Trends, Size, Drivers, Outlook, Strategies, Products and Competitive Landscape

Indonesia is the largest Muslim-majority country in the world, and one of the world's fastest growing takaful markets. The country recorded a significant expansion of the takaful industry in terms of growth and size, even overtaking the takaful industries of the Gulf Cooperation Council (GCC). However, the life and personal accident and health segments registered a decline in 2011, partly as a result of the global financial crisis. The industry recovered from 2012 and gross written premium registered significant growth during 2012-2014. The industry's written premium value has almost tripled in 2013, as compared to the written premiums in 2009; at a review-period (2009-2013) compound annual growth rate (CAGR) of 43.7%.

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Key HighLights

The industry's written premium value has almost tripled in 2013, as compared to the written premiums in 2009 at a review-period (2009-2013) compound annual growth rate (CAGR) of 43.7%

The Indonesian life insurance segment emerged as one of the fastest growing in the Southeast Asia region. According to the statistics released by the Indonesia Life Insurance Association (AAJI), the takaful life segment grew at a CAGR of 53.5% during the review period

Indonesia is one of the fastest-growing internet markets in Southeast Asia. According to the World Bank, internet penetration in Indonesia reached 28.8% of the total population in 2013

Table Of Content

1 Analysis of Indonesian Takaful Industry Dynamics

2 Takaful Life Insurance Trends

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2.1 Policies and Premiums

2.2 Claims and Expenses

2.3 Total Assets

2.4 Investments

3 Takaful Non-Life Insurance Trends

3.1...