India Insurance Report Q1 2011: New research report available at Fast Market Research

Jan. 2, 2011 - PRLog -- Writing in December 2010, we have been able to include final data for 2009 and to amend projections for 2010 in order to take into account of results for H110 that have actually been released by major crossborder insurers in the Asia Pacific region. For the fiscal year ending March 31 2010, we estimate total premiums in India amounted to INR3,613,019mn. This includes non-life premiums of INR424,770mn and life premiums of INR3,188,249mn. In 2015, the corresponding figures are forecast to be INR6,269,697mn, INR849,710mn and INR5,419,987mn. In terms of the key drivers that underpin our forecasts, we expect non-life penetration to rise from 0.59% of GDP in 2010 to 0.60% in 2015 and for life density to increase from US$58 per capita to a still low US$111 per capita over the same period. BMI's proprietary Insurance Business Environment Rating for India is 55.8.

As was the case in previous quarters, we provide rankings of the major players in each of the two main segments, as they are seen by the organisation providing the data (which is usually the regulator or the trade association). In India the four largest state-owned insurance companies - New India, National, United India and Oriental - remain dominant and collectively account for about 60% of the premiums written in the non-life segment. Life Insurance Corporation of India (LIC) accounts for nearly 75% of life premiums. ICICI Prudential and Bajaj Allianz are the next largest players. Over time, we hope to derive insights from observing how market shares change. We emphasise, though, that a decline in share of gross written premiums is not automatically a bad thing and is often the result of a corporate decision to focus on more profitable business lines.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/106422_india_insurance_report_...


Report Table of Contents:

Executive Summary
- Table: Overview Of India's Insurance Sector
- Key Insights On India's Insurance Sector
SWOT Analysis
- India Insurance Industry SWOT
- India Political SWOT
- India Economic SWOT
- India Business Environment SWOT
What Might Have Been: Prudential's Acquisition Of AIA
- The Deal That Never Was
- Tale: AIA - Key Facts
- Table: AIA's Market Positions
- Table: What The Combined Group Would Have Looked Like - Latest Rankings In Asia Pacific Life Insurance
- Table: Asia Highlights Of Prudential plc's 2009 Annual Report
- Table: Prudential plc's New Business In Annualised Premium Equivalent, 2009
- Table: Global Life Insurance Profitability - Selected Figures
- Table: Who's Who - Life Insurance Joint Ventures And Businesses In India And China
Asia Pacific Market Overview
- Table: Premium's In Asia Pacific's Non-Life Segment (US$mn)
- Table: Premiums In Asia Pacific's Life Segment (US$mn)
Projections And Forecasts
- Table: Insurance Premiums And Annual Percentage Change, 2007-2015
- Projections And Drivers Of Growth
- Table: Growth Drivers, 2007-2015
Country Update
- Macroeconomic Outlook
- Table: India Economic Activity, 2007-2015
- Political Outlook
- Foreign Policy
- Long-Term Political Outlook
Insurance Business Environment Ratings
- Table: India's Insurance Business Environment Rating
- Table: Asia Pacific Insurance Business Environment Ratings
Regional Context
- Table: Non-Life Premiums In A Regional Context, 2009
- Table: Life Premiums In A Regional Context, 2009
Major Players in India's Insurance Sector
- Table: Non-Life Gross Written Premiums In Six Months To 30 September (INRmn)
- Table: Life Segment First Year Premiums Six Months To 30 September 2010 (INRmn)
- Table: Life Segment Growth In First Year Premiums Six Months To 30 September 2010 (% change y-o-y)
Analysis Of Regional Competitive Conditions
Regional Company Profiles
- AEGON
- Ageas
- Allianz
- Aviva
- AXA
- Cardif
- Generali
- Groupama
- HDI-Gerling
- HSBC Insurance
- ING Group
- Liberty Mutual
- Manulife
- MetLife
- Prudential Financial
- Prudential plc
- QBE
- RSA
- Sun Life Financial
- The Principal
- Zurich Financial Services
Country Snapshot: India Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 1996-2001
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Manufacturing Wages, 2000-2012
BMI Methodology
- Insurance Business Environment Ratings
- Table: Insurance Business Environment Indicators And Rationale
- Table: Weighting Of Indicators

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.