Insurance in Malaysia - Market Summary, Competitive Analysis and Forecast to 2025

November 2021 | 48 pages | ID: I903B2306A1EEN
MarketLine

Abstracts

Insurance in Malaysia - Market Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Insurance in Malaysia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
• The Malaysian insurance market had total gross written premiums of $18.3bn in 2020, representing a compound annual growth rate (CAGR) of 5.8% between 2016 and 2020.
• The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $13.3bn, equivalent to 73% of the market's overall value.
• The future of the pandemic remains uncertain, which makes it difficult to predict the long-term performance of the insurance market. Interest rates are expected to remain low for some time, constraining insurers’ profits, but demand for certain types of insurance, such as travel, is likely to pick up as COVID-19-related restrictions ease. As a result, it is clear that insurers will need to adapt.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Malaysia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Malaysia
• Leading company profiles reveal details of key insurance market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Malaysia insurance market with five year forecasts

REASONS TO BUY

• What was the size of the Malaysia automotive manufacturing market by value in 2020?
• What will be the size of the Malaysia automotive manufacturing market in 2025?
• What factors are affecting the strength of competition in the Malaysia automotive manufacturing market?
• How has the market performed over the last five years?
• How large is Malaysia’s automotive manufacturing market in relation to its regional counterparts?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?

8 COMPANY PROFILES

8.1. AIA Group Ltd
8.2. Great Eastern Holdings Ltd
8.3. Zurich Insurance Group Ltd
8.4. Tokio Marine Holdings Inc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Malaysia insurance market value: $ billion, 2016–20
Table 2: Malaysia insurance market category segmentation: $ billion, 2020
Table 3: Malaysia insurance market geography segmentation: $ billion, 2020
Table 4: Malaysia insurance market value forecast: $ billion, 2020–25
Table 5: Malaysia insurance market share: % share, by value, 2020
Table 6: AIA Group Ltd: key facts
Table 7: AIA Group Ltd: Annual Financial Ratios
Table 8: AIA Group Ltd: Key Employees
Table 9: AIA Group Ltd: Key Employees Continued
Table 10: Great Eastern Holdings Ltd: key facts
Table 11: Great Eastern Holdings Ltd: Annual Financial Ratios
Table 12: Great Eastern Holdings Ltd: Key Employees
Table 13: Zurich Insurance Group Ltd: key facts
Table 14: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 15: Zurich Insurance Group Ltd: Key Employees
Table 16: Zurich Insurance Group Ltd: Key Employees Continued
Table 17: Tokio Marine Holdings Inc: key facts
Table 18: Tokio Marine Holdings Inc: Annual Financial Ratios
Table 19: Tokio Marine Holdings Inc: Key Employees
Table 20: Tokio Marine Holdings Inc: Key Employees Continued
Table 21: Malaysia size of population (million), 2016–20
Table 22: Malaysia gdp (constant 2005 prices, $ billion), 2016–20
Table 23: Malaysia gdp (current prices, $ billion), 2016–20
Table 24: Malaysia inflation, 2016–20
Table 25: Malaysia consumer price index (absolute), 2016–20
Table 26: Malaysia exchange rate, 2016–20

List Of Figures

LIST OF FIGURES

Figure 1: Malaysia insurance market value: $ billion, 2016–20
Figure 2: Malaysia insurance market category segmentation: % share, by value, 2020
Figure 3: Malaysia insurance market geography segmentation: % share, by value, 2020
Figure 4: Malaysia insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Malaysia, 2020
Figure 6: Drivers of buyer power in the insurance market in Malaysia, 2020
Figure 7: Drivers of supplier power in the insurance market in Malaysia, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Malaysia, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Malaysia, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Malaysia, 2020
Figure 11: Malaysia insurance market share: % share, by value, 2020