Income Protection Insurance Market in Malaysia - Industry Outlook and Forecast 2020-2026

April 2020 | 91 pages | ID: IB4C47D77553EN
Market Monitor Global

Abstracts

Income protection insurance (IPI) is an insurance policy, paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident.

This report contains market size and forecasts of Income Protection Insurance in Malaysia, including the following market information:
Malaysia Income Protection Insurance Market Revenue, 2015-2020, 2021-2026, ($ millions)

Top Five Competitors in Malaysia Income Protection Insurance Market 2019 (%)
The global Income Protection Insurance market was valued at 41910 million in 2019 and is projected to reach US$ 46790 million by 2026, at a CAGR of 2.8% during the forecast period. While the Income Protection Insurance market size in Malaysia was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.

COVID-19 pandemic has big impact on Income Protection Insurance businesses, with lots of challenges and uncertainty faced by many players of Income Protection Insurance in Malaysia.
This report also analyses and evaluates the COVID-19 impact on Income Protection Insurance market size in 2020 and the next few years in Malaysia

Total Market by Segment:

Malaysia Income Protection Insurance Market, By Type, 2015-2020, 2021-2026 ($ millions)
Malaysia Income Protection Insurance Market Segment Percentages, By Type, 2019 (%)

• Short Term Income Protection Insurance
• Long Term Income Protection Insurance
• Long term income protection insurance is the most important market, with market shares of 70.45% in 2019.

Malaysia Income Protection Insurance Market, By Application, 2015-2020, 2021-2026 ($ millions)
Malaysia Income Protection Insurance Market Segment Percentages, By Application, 2019 (%)

• Men
• Women
• The larger market by end users is men, with 54.75% market share in 2019.

Competitor Analysis
The report also provides analysis of leading market participants including:
Total Income Protection Insurance Market Competitors Revenues in Malaysia, by Players 2015-2020 (Estimated), ($ millions)
Total Income Protection Insurance Market Competitors Revenues Share in Malaysia, by Players 2019 (%)
Further, the report presents profiles of competitors in the market, including the following:

• Aviva
• Legal & General
• Fidelity Life
• Royal London
• VitalityLife
• Generali
• Allianz
• AXA
• LV= Liverpool Victoria

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Income Protection Insurance Market Definition
1.2 Market Segments
  1.2.1 Segment by Type
  1.2.2 Segment by Application
1.3 COVID-19 Impact: Malaysia Income Protection Insurance Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 MALAYSIA INCOME PROTECTION INSURANCE OVERALL MARKET SIZE

2.1 Malaysia Income Protection Insurance Market Size: 2020 VS 2026
2.2 Malaysia Income Protection Insurance Revenue, Prospects & Forecasts: 2015-2026

3 COMPANY LANDSCAPE

3.1 Top Income Protection Insurance Players in Malaysia (including Foreign and Local Companies)
3.2 Top Malaysia Income Protection Insurance Companies Ranked by Revenue
3.3 Malaysia Income Protection Insurance Revenue by Companies (including Foreign and Local Companies)
3.4 Top 3 and Top 5 Income Protection Insurance Companies in Malaysia, by Revenue in 2019
3.5 Malaysia Manufacturers Income Protection Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 Income Protection Insurance Players in Malaysia
  3.6.1 List of Malaysia Tier 1 Income Protection Insurance Companies
  3.6.2 List of Malaysia Tier 2 and Tier 3 Income Protection Insurance Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Malaysia Income Protection Insurance Market Size Markets, 2020 & 2026
  4.1.2 Short Term Income Protection Insurance
  4.1.3 Long Term Income Protection Insurance
4.2 By Type - Malaysia Income Protection Insurance Revenue & Forecasts
  4.2.1 By Type - Malaysia Income Protection Insurance Revenue, 2015-2020
  4.2.2 By Type - Malaysia Income Protection Insurance Revenue, 2021-2026
  4.2.3 By Type - Malaysia Income Protection Insurance Revenue Market Share, 2015-2026

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Malaysia Income Protection Insurance Market Size, 2020 & 2026
  5.1.2 Men
  5.1.3 Women
5.2 By Application - Malaysia Income Protection Insurance Revenue & Forecasts
  5.2.1 By Application - Malaysia Income Protection Insurance Revenue, 2015-2020
  5.2.2 By Application - Malaysia Income Protection Insurance Revenue, 2021-2026
  5.2.3 By Application - Malaysia Income Protection Insurance Revenue Market Share, 2015-2026

6 PLAYERS PROFILES

6.1 Aviva
  6.1.1 Aviva Corporate Summary
  6.1.2 Aviva Business Overview
  6.1.3 Aviva Income Protection Insurance Major Product Offerings
  6.1.4 Aviva Revenue in Malaysia (2015-2020)
  6.1.5 Aviva Key News
6.2 Legal & General
  6.2.1 Legal & General Corporate Summary
  6.2.2 Legal & General Business Overview
  6.2.3 Legal & General Income Protection Insurance Major Product Offerings
  6.2.4 Legal & General Revenue in Malaysia (2015-2020)
  6.2.5 Legal & General Key News
6.3 Fidelity Life
  6.3.1 Fidelity Life Corporate Summary
  6.3.2 Fidelity Life Business Overview
  6.3.3 Fidelity Life Income Protection Insurance Major Product Offerings
  6.3.4 Fidelity Life Revenue in Malaysia (2015-2020)
  6.3.5 Fidelity Life Key News
6.4 Royal London
  6.4.1 Royal London Corporate Summary
  6.4.2 Royal London Business Overview
  6.4.3 Royal London Income Protection Insurance Major Product Offerings
  6.4.4 Royal London Revenue in Malaysia (2015-2020)
  6.4.5 Royal London Key News
6.5 VitalityLife
  6.5.1 VitalityLife Corporate Summary
  6.5.2 VitalityLife Business Overview
  6.5.3 VitalityLife Income Protection Insurance Major Product Offerings
  6.5.4 VitalityLife Revenue in Malaysia (2015-2020)
  6.5.5 VitalityLife Key News
6.6 Generali
  6.6.1 Generali Corporate Summary
  6.6.2 Generali Business Overview
  6.6.3 Generali Income Protection Insurance Major Product Offerings
  6.6.4 Generali Revenue in Malaysia (2015-2020)
  6.6.5 Generali Key News
6.7 Allianz
  6.6.1 Allianz Corporate Summary
  6.6.2 Allianz Business Overview
  6.6.3 Allianz Income Protection Insurance Major Product Offerings
  6.4.4 Allianz Revenue in Malaysia (2015-2020)
  6.7.5 Allianz Key News
6.8 AXA
  6.8.1 AXA Corporate Summary
  6.8.2 AXA Business Overview
  6.8.3 AXA Income Protection Insurance Major Product Offerings
  6.8.4 AXA Revenue in Malaysia (2015-2020)
  6.8.5 AXA Key News
6.9 LV= Liverpool Victoria
  6.9.1 LV= Liverpool Victoria Corporate Summary
  6.9.2 LV= Liverpool Victoria Business Overview
  6.9.3 LV= Liverpool Victoria Income Protection Insurance Major Product Offerings
  6.9.4 LV= Liverpool Victoria Revenue in Malaysia (2015-2020)
  6.9.5 LV= Liverpool Victoria Key News
6.10 AIG Life
  6.10.1 AIG Life Corporate Summary
  6.10.2 AIG Life Business Overview
  6.10.3 AIG Life Income Protection Insurance Major Product Offerings
  6.10.4 AIG Life Revenue in Malaysia (2015-2020)
  6.10.5 AIG Life Key News

7 KEY MARKET TRENDS & INFLUENCES 2021-2026

7.1 PESTLE Analysis for Malaysia Income Protection Insurance Market
7.2 Market Opportunities & Trends
7.3 Market Drivers
7.4 Market Restraints

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Key Players of Income Protection Insurance in Malaysia
Table 2. Top Players in Malaysia, Ranking by Revenue (2019)
Table 3. Malaysia Income Protection Insurance Revenue by Companies, (US$, Mn), 2015-2020
Table 4. Malaysia Income Protection Insurance Revenue Share by Companies, 2015-2020
Table 5. Malaysia Income Protection Insurance Sales by Companies, (K Units), 2015-2020
Table 6. Malaysia Income Protection Insurance Sales Share by Companies, 2015-2020
Table 7. Key Manufacturers Income Protection Insurance Price (2015-2020) (US$/Unit)
Table 8. Malaysia Manufacturers Income Protection Insurance Product Type
Table 9. List of Malaysia Tier 1 Income Protection Insurance Companies, Revenue (US$, Mn) in 2019 and Market Share
Table 10. List of Malaysia Tier 2 and Tier 3 Income Protection Insurance Companies, Revenue (US$, Mn) in 2019 and Market Share
Table 11. By Type - Income Protection Insurance Revenue in Malaysia (US$, Mn), 2015-2020
Table 12. By Type - Income Protection Insurance Revenue in Malaysia (US$, Mn), 2021-2026
Table 13. By Type - Income Protection Insurance Sales in Malaysia (K Units), 2015-2020
Table 14. By Type - Income Protection Insurance Sales in Malaysia (K Units), 2021-2026
Table 15. By Application - Income Protection Insurance Revenue in Malaysia, (US$, Mn), 2015-2020
Table 16. By Application - Income Protection Insurance Revenue in Malaysia, (US$, Mn), 2021-2026
Table 17. By Application - Income Protection Insurance Sales in Malaysia, (K Units), 2015-2020
Table 18. By Application - Income Protection Insurance Sales in Malaysia, (K Units), 2021-2026
Table 19. Aviva Corporate Summary
Table 20. Aviva Income Protection Insurance Product Offerings
Table 21. Aviva Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 22. Legal & General Corporate Summary
Table 23. Legal & General Income Protection Insurance Product Offerings
Table 24. Legal & General Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 25. Fidelity Life Corporate Summary
Table 26. Fidelity Life Income Protection Insurance Product Offerings
Table 27. Fidelity Life Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 28. Royal London Corporate Summary
Table 29. Royal London Income Protection Insurance Product Offerings
Table 30. Royal London Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 31. VitalityLife Corporate Summary
Table 32. VitalityLife Income Protection Insurance Product Offerings
Table 33. VitalityLife Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 34. Generali Corporate Summary
Table 35. Generali Income Protection Insurance Product Offerings
Table 36. Generali Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 37. Allianz Corporate Summary
Table 38. Allianz Income Protection Insurance Product Offerings
Table 39. Allianz Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 40. AXA Corporate Summary
Table 41. AXA Income Protection Insurance Product Offerings
Table 42. AXA Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 43. LV= Liverpool Victoria Corporate Summary
Table 44. LV= Liverpool Victoria Income Protection Insurance Product Offerings
Table 45. LV= Liverpool Victoria Income Protection Insurance Revenue (US$, Mn), (2015-2020)
Table 46. AIG Life Corporate Summary
Table 47. AIG Life Income Protection Insurance Product Offerings
Table 48. AIG Life Income Protection Insurance Revenue (US$, Mn), (2015-2020)

List Of Figures

LIST OF FIGURES

Figure 1. Income Protection Insurance Segment by Type
Figure 2. Income Protection Insurance Segment by Application
Figure 3. Malaysia Income Protection Insurance Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Income Protection Insurance Market Size in Malaysia, (US$, Mn): 2020 VS 2026
Figure 6. Malaysia Income Protection Insurance Revenue, 2015-2026 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Income Protection Insurance Revenue in 2019
Figure 8. By Type - Malaysia Income Protection Insurance Incremental Growth, (US$, Mn), 2015-2026
Figure 9. By Type - Malaysia Income Protection Insurance Market Share, 2015-2026
Figure 10. By Application - Income Protection Insurance Revenue in Malaysia (US$, Mn), 2020 & 2026
Figure 11. By Application - Malaysia Income Protection Insurance Market Share, 2015-2026
Figure 12. PEST Analysis for Malaysia Income Protection Insurance Market in 2020
Figure 13. Income Protection Insurance Market Opportunities & Trends in Malaysia
Figure 14. Income Protection Insurance Market Drivers in Malaysia