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Research and Markets: Malaysia Personal Accident and Health Insurance Market 2015 - Key Trends and Opportunities to 2018
[May 28, 2015]

Research and Markets: Malaysia Personal Accident and Health Insurance Market 2015 - Key Trends and Opportunities to 2018


Research and Markets (http://www.researchandmarkets.com/research/qk5fdg/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2018" report to their offering.

'Personal Accident and Health Insurance in the Malaysia, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Malaysian personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.

The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details o insurance regulations, and recent changes in regulatory structure.



Key Highlights

- In terms of gross written premium, the Malaysian personal accident and health segment valued MYR2.2 billion (US$0.7 billion) in 2013.


- Factors such as rising healthcare costs, an increase in outbound travelers and a rise in life expectancy supported the segment's growth during the review period.

- Changing lifestyle patterns and a rising number of high-risk diseases such as diabetes, respiratory disorders and other critical illnesses led to a rise in healthcare costs, which is generating demand for health insurance products.

- Through its Economic Transformation Program (ETP), the Malaysian government implemented compulsory private medical insurance for expatriates in July 2014.

- In addition, the government's healthcare initiatives (including the implementation of compulsory norms for health insurance for the foreigners who are working in Malaysia) encouraged health insurance business in the country.

- The Malaysian aviation industry incurred significant losses due to the disappearance of flight MH370, as well as the plane shot down over Ukraine in July 2014.

Key Topics Covered:

1 Key Facts and Events

2 Executive Summary

3 Introduction

4 Malaysian Insurance Industry Attractiveness

5 Personal Accident and Health Insurance Segment Outlook

6 Analysis by Distribution Channel

7 Governance, Risk and Compliance

8 Competitive Landscape and Strategic Insights

9 Appendix

Companies Mentioned

  • AIA Bhd
  • MSIG Insurance
  • AIG Malaysia Insurance
  • Zurich Insurance Malaysia
  • Allianz General Insurance Co.
  • Am General Insurance
  • Multi-Purpose
  • Axa Affin General Insurance
  • ACE Jerneh Insurance
  • Tokio Marine Insurance

For more information visit http://www.researchandmarkets.com/research/qk5fdg/personal_accident.


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