Synopsis
The report provides top-level market analysis, information and insights into the Vietnamese reinsurance market, including:
Summary
The total written premium value of the Vietnamese reinsurance segment reached VNDXX trillion (US$XX billion) in 2011. The Vietnamese reinsurance segment is considerably smaller than the Chinese reinsurance segment, which valued US$XX billion in 2010, and the Indian segment, which valued US$XX billion in 2010. The market size of the Vietnam reinsurance segment increased at a CAGR of XX% during the review period. The main reasons for this increase were increasing cost of reinsurance protection, the growing non-life and personal accident and health insurance segments in Vietnam, understanding of the benefits of reinsurance by Vietnam insurance companies and the removal of the government’s policy which forced insurance companies to invest at least 20% of their reinsurance contract premium on domestic reinsurance companies.
The Vietnam reinsurance segment recorded stable growth during the review period and was not affected by the global economic crisis in 2009. The number of Vietnamese reinsurance companies increased during the review period (2007–2011), from one reinsurer to two reinsurers in 2011. Some Vietnamese insurance companies, such as Bao Viet and Bao Minh, conduct their own reinsurance operations. However, they share up to 70% of their risks with other foreign reinsurers.
Scope
This report provides an analysis of the reinsurance market in Vietnam:
Reasons To Buy
The report provides top-level market analysis, information and insights into the Vietnamese reinsurance market, including:
- The Vietnamese reinsurance market’s growth prospects by reinsurance categories
- The Vietnamese reinsurance market’s growth prospects by reinsurance ceded from direct insurance segments
- The competitive landscape in the Vietnamese reinsurance market
Summary
The total written premium value of the Vietnamese reinsurance segment reached VNDXX trillion (US$XX billion) in 2011. The Vietnamese reinsurance segment is considerably smaller than the Chinese reinsurance segment, which valued US$XX billion in 2010, and the Indian segment, which valued US$XX billion in 2010. The market size of the Vietnam reinsurance segment increased at a CAGR of XX% during the review period. The main reasons for this increase were increasing cost of reinsurance protection, the growing non-life and personal accident and health insurance segments in Vietnam, understanding of the benefits of reinsurance by Vietnam insurance companies and the removal of the government’s policy which forced insurance companies to invest at least 20% of their reinsurance contract premium on domestic reinsurance companies.
The Vietnam reinsurance segment recorded stable growth during the review period and was not affected by the global economic crisis in 2009. The number of Vietnamese reinsurance companies increased during the review period (2007–2011), from one reinsurer to two reinsurers in 2011. Some Vietnamese insurance companies, such as Bao Viet and Bao Minh, conduct their own reinsurance operations. However, they share up to 70% of their risks with other foreign reinsurers.
Scope
This report provides an analysis of the reinsurance market in Vietnam:
- It provides historical values for Vietnam’s reinsurance market for the report’s 2007–2011 review period and forecast figures for the 2011–2016 forecast period
- It offers top-level analysis of the key sub-segments in Vietnam’s reinsurance market, along with market forecasts until 2016
- It provides values for the reinsurance ceded from various direct insurance markets in Vietnam and its growth prospects
- It profiles the top reinsurance company in Vietnam
Reasons To Buy
- Make strategic business decisions using top-level historic and forecast market data related to the Vietnamese reinsurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Vietnamese reinsurance market
- Assess the competitive dynamics in the reinsurance market
- Identify the growth opportunities and market dynamics within key product categories
1 INTRODUCTION
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology
2 VIETNAMESE INSURANCE INDUSTRY ATTRACTIVENESS
2.1 Insurance Industry Market Size, 2007-2016
2.2 Reinsurance Growth Dynamics and Challenges
2.2.1 Reinsurance market size, 2007-2016
2.2.2 Reinsurance market size by type of insurance, 2007-2016
3 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
3.1 Overview
3.2 Leading Companies in the Vietnamese Reinsurance Market
3.3 Vietnam National Reinsurance Corporation - Company Overview
3.3.1 Vietnam National Reinsurance Corporation - key facts
3.3.2 Vietnam National Reinsurance Corporation - main products
3.3.3 Vietnam National Reinsurance Corporation - main competitors
3.3.4 Vietnam National Reinsurance Corporation - key employees
4 APPENDIX
4.1 Methodology
4.2 Contact us
4.3 About Timetric
4.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2007-2011
Table 3: Vietnam Insurance Overall Written Premium by Segment (US$ Billion), 2007-2011
Table 4: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2011-2016
Table 5: Vietnam Insurance Overall Written Premium by Segment (US$ Billion), 2011-2016
Table 6: Vietnam Insurance Segmentation (%), 2007-2016
Table 7: Reinsurance Market in Vietnam by Category (VND Billion), 2007-2011
Table 8: Reinsurance Market in Vietnam by Category (US$ Billion), 2007-2011
Table 9: Reinsurance Market in Vietnam by Category (VND Billion), 2011-2016
Table 10: Reinsurance Market in Vietnam by Category (US$ Billion), 2011-2016
Table 11: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2007-2011
Table 12: Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2007-2011
Table 13: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2011-2016
Table 14: Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2011-2016
Table 15: Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Table 16: Life Insurance - Percentage of Reinsurance Ceded (%),2011-2016
Table 17: Non-Life Insurance - Percentage of Reinsurance Ceded, 2007-2011
Table 18: Non-Life Insurance - Percentage of Reinsurance Ceded, 2011-2016
Table 19: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Table 20: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
Table 21: Vietnamese Reinsurance Companies, 2011
Table 22: Vietnam National Reinsurance Corporation, Key Facts
Table 23: Vietnam National Reinsurance Corporation, Main Products
Table 24: Vietnam National Reinsurance Corporation, Key Employees
LIST OF FIGURES
Figure 1: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2007-2016
Figure 2: Vietnam Insurance Market Dynamics by Segment, 2007-2016
Figure 3: Premium Ceded to Reinsurance by Category (VND Billion), 2007-2016
Figure 4: Reinsurance Premium by Category (% Share), 2011 and 2016
Figure 5: Reinsurance Market Dynamics by Category, 2007-2016
Figure 6: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2007-2016
Figure 7: Reinsurance Market Dynamics by Type of Insurance, 2007-2016
Figure 8: Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Figure 9: Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
Figure 10: Non-Life Insurance - Percentage of Reinsurance Ceded, 2007-2011
Figure 11: Non-Life Insurance - Percentage of Reinsurance Ceded, 2011-2016
Figure 12: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Figure 13: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
COMPANIES MENTIONED
Vietnam National Reinsurance Corporation
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology
2 VIETNAMESE INSURANCE INDUSTRY ATTRACTIVENESS
2.1 Insurance Industry Market Size, 2007-2016
2.2 Reinsurance Growth Dynamics and Challenges
2.2.1 Reinsurance market size, 2007-2016
2.2.2 Reinsurance market size by type of insurance, 2007-2016
3 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
3.1 Overview
3.2 Leading Companies in the Vietnamese Reinsurance Market
3.3 Vietnam National Reinsurance Corporation - Company Overview
3.3.1 Vietnam National Reinsurance Corporation - key facts
3.3.2 Vietnam National Reinsurance Corporation - main products
3.3.3 Vietnam National Reinsurance Corporation - main competitors
3.3.4 Vietnam National Reinsurance Corporation - key employees
4 APPENDIX
4.1 Methodology
4.2 Contact us
4.3 About Timetric
4.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2007-2011
Table 3: Vietnam Insurance Overall Written Premium by Segment (US$ Billion), 2007-2011
Table 4: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2011-2016
Table 5: Vietnam Insurance Overall Written Premium by Segment (US$ Billion), 2011-2016
Table 6: Vietnam Insurance Segmentation (%), 2007-2016
Table 7: Reinsurance Market in Vietnam by Category (VND Billion), 2007-2011
Table 8: Reinsurance Market in Vietnam by Category (US$ Billion), 2007-2011
Table 9: Reinsurance Market in Vietnam by Category (VND Billion), 2011-2016
Table 10: Reinsurance Market in Vietnam by Category (US$ Billion), 2011-2016
Table 11: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2007-2011
Table 12: Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2007-2011
Table 13: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2011-2016
Table 14: Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2011-2016
Table 15: Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Table 16: Life Insurance - Percentage of Reinsurance Ceded (%),2011-2016
Table 17: Non-Life Insurance - Percentage of Reinsurance Ceded, 2007-2011
Table 18: Non-Life Insurance - Percentage of Reinsurance Ceded, 2011-2016
Table 19: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Table 20: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
Table 21: Vietnamese Reinsurance Companies, 2011
Table 22: Vietnam National Reinsurance Corporation, Key Facts
Table 23: Vietnam National Reinsurance Corporation, Main Products
Table 24: Vietnam National Reinsurance Corporation, Key Employees
LIST OF FIGURES
Figure 1: Vietnam Insurance Overall Written Premium by Segment (VND Billion), 2007-2016
Figure 2: Vietnam Insurance Market Dynamics by Segment, 2007-2016
Figure 3: Premium Ceded to Reinsurance by Category (VND Billion), 2007-2016
Figure 4: Reinsurance Premium by Category (% Share), 2011 and 2016
Figure 5: Reinsurance Market Dynamics by Category, 2007-2016
Figure 6: Reinsurance - Premium Ceded by Type of Insurance (VND Billion), 2007-2016
Figure 7: Reinsurance Market Dynamics by Type of Insurance, 2007-2016
Figure 8: Life Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Figure 9: Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
Figure 10: Non-Life Insurance - Percentage of Reinsurance Ceded, 2007-2011
Figure 11: Non-Life Insurance - Percentage of Reinsurance Ceded, 2011-2016
Figure 12: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2007-2011
Figure 13: Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2016
COMPANIES MENTIONED
Vietnam National Reinsurance Corporation
