Non-Life Insurance in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- The Indonesian non-life insurance market had total gross written premiums of $5.1 billion in 2022, representing a compound annual growth rate (CAGR) of 6.7% between 2017 and 2022.
- The property segment accounted for the market's largest proportion in 2022, with total gross written premiums of $1.7 billion, equivalent to 32.9% of the market's overall value.
- Indonesia is one of the most susceptible countries to climate change and is seeing increasingly erratic monsoon seasons with heavier precipitation, supporting the demand for insurance from the property segment of the market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Indonesia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Indonesia
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia non-life insurance market with five year forecasts
Reasons to Buy
- What was the size of the Indonesia non-life insurance market by value in 2022?
- What will be the size of the Indonesia non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Indonesia non-life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Indonesia's non-life insurance market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PT Asuransi Kredit Indonesia
- PT Asuransi Astra Buana
- PT. Tugu Pratama Indonesia
