Research and Markets: Life Insurance in the Philippines, Key Trends and Opportunities to 2017

Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/4hr7xh/life_insurance_in) has announced the addition of the "Life Insurance in the Philippines, Key Trends and Opportunities to 2017" report to their offering.

The Philippines has one of the fastest-growing and most promising life insurance segments in Southeast Asia. During the review period (2008-2012), the segment recorded a compound annual growth rate (CAGR) of 16.3% and valued PHP130.6 billion (US$3.1 billion) in 2012. The segment was dominated by individual life and term life insurance products, which collectively accounted for 82% of the segment's written premiums in 2012. Significant growth in unit-linked products was also recorded due to changing consumer preferences. The life segment is expected to expand further over the forecast period, driven by the country's growing economy, the increasing penetration of life insurance products and upcoming regulatory reforms. The rising popularity of unit-linked products in particular is expected to drive forecast-period growth in the segment.

Key Topics Covered

1 Executive Summary

2 Introduction

3 Regional Market Dynamics

4 Life Insurance - Regional Benchmarking

5 Philippine Insurance Industry Attractiveness

6 Life Insurance Outlook

7 Analysis by Distribution Channel

8 Porter's Five Forces Analysis - Philippine Life Insurance

9 Reinsurance Growth Dynamics and Challenges

10 Governance, Risk and Compliance

11 Competitive Landscape and Strategic Insights

12 Business Environment and Country Risk

13 Appendix

Companies Mentioned

  • BPI-Philam Life Assurance
  • Insular Life Assce
  • Manulife China Bank Life Assurance
  • PNB Life Insurance
  • Philippine American Life & General Ins. (Philam)
  • Philippine Axa Life Insurance Corp
  • Pru Life Insurance Corp. of UK
  • Sun Life Grepa Financial
  • Sunlife of Canada (Philippines)
  • The Manufacturers Life Insurance Co. (Phils)

For more information visit http://www.researchandmarkets.com/research/4hr7xh/life_insurance_in

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Sector: Life Insurance
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