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

Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/pcg2qs/nonlife) has announced the addition of the "Non-Life Insurance in the Philippines, Key Trends and Opportunities to 2017" report to their offering.

The Philippine non-life insurance segment grew in written premium value from PHP25.7 billion (US$0.6 billion) in 2008 to PHP46 billion (US$1.1 billion) in 2012, at a compound annual growth rate (CAGR) of 15.7% during the review period (2008-2012). This was supported by the country's economic growth, expanding construction and automobile industries and an improvement in public awareness with regards to the benefits of insurance cover. Over the forecast period (2012-2017), the non-life segment is expected to continue to be driven by developments in the automobile and construction industries. Property insurance was the largest category in the non-life segment, accounting for 44.6% of the category's written premium in 2012, followed by motor insurance with 37.8%. The marine, aviation and transit, and general liability insurance categories accounted for respective shares of 12.7% and 4.9%.

Reasons To Buy

- Make strategic business decisions using in depth historic and forecast market data related to the Philippine non-life insurance segment and each category within it

- Understand the demand-side dynamics, key market trends and growth opportunities within the Philippine non-life insurance segment

- Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment

- Identify the growth opportunities and market dynamics within key product categories

- Gain insights into key regulations governing the Philippine insurance industry and its impact on companies and the market's future

Key Topics Covered

1 Executive Summary

2 Introduction

3 Regional Market Dynamics

4 Non-Life Insurance Segment- Regional Benchmarking

5 Philippine Insurance Industry Attractiveness

6 Non-Life Insurance Outlook

7 Analysis by Distribution Channels

8 Porter's Five Forces Analysis - Philippine Non-Life Insurance Segment

9 Reinsurance Growth Dynamics and Challenges

11 Competitive Landscape and Strategic Insights

12 Business Environment and Country Risk

13 Appendix

Companies Mentioned

- AIG Phil. Ins. Company (Chartis Phil)

- BPI/MS Insurance Corporation

- Charter Ping An (Philippines Charter Ins.)

- Federal Phoenix Assurance

- MAPFRE Insular Insurance

- Malayan Insurance

- Pioneer Insurance & Surety

- Prudential Guarantee and Assurance

- Standard Insurance

- UCPB General Insurance

For more information visit http://www.researchandmarkets.com/research/pcg2qs/nonlife

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Sector: Insurance
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