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Insurance in Taiwan

Published: November 2012 · Publisher: MarketLine
Insurance in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016).
Report Type Industry Profiles
Language English
Format Electronic (PDF)
Pages28
Frequency Updated Annually
Availability Will be emailed within 1 business day
Reference No. 0109-2289
Price € 259,00
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Introduction

Insurance in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Taiwan insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

*The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes. The life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. The insurance market depends on a variety of economic and non-economic factors, and future performance is difficult to predict. The forecast given in this report is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2011 average exchange rates.

*The Taiwanese insurance market had total gross written premiums of $79 billion in 2011, representing a compound annual growth rate (CAGR) of 3.8% between 2007 and 2011.

*The life insurance segment was the market's most lucrative in 211, with total gross written premiums of $64.6 billion, equivalent to 81.8% of the market's overall value.

*The performance of the market is forecast to accelerate, with an anticipated CAGR of 7.7% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $114.4 billion by the end of 2016.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Taiwan

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Taiwan

Leading company profiles reveal details of key insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Taiwan insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Taiwan economy

Key Questions Answered

What was the size of the Taiwan insurance market by value in 2011?

What will be the size of the Taiwan insurance market in 2016?

What factors are affecting the strength of competition in the Taiwan insurance market?

How has the market performed over the last five years?

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TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market Outlook 11
Market value forecast 11
Five Forces Analysis 12
Summary 12
Buyer power 13
Supplier power 14
New entrants 15
Threat of substitutes 16
Degree of rivalry 17
Leading Companies 18
Cathay Life Insurance Co., Ltd. 18
Fubon Financial Holding Co., Ltd. 19
Nan Shan Life Insurance Co., Ltd. 22
Shin Kong Life Insurance Company LTD 23
Macroeconomic Indicators 24
Country Data 24
Appendix 26
Methodology 26
Industry associations 27
Related research 27

LIST OF TABLES
Table 1: Taiwan insurance market value: $ billion, 2007–11 8
Table 2: Taiwan insurance market category segmentation: $ billion, 2011 9
Table 3: Taiwan insurance market geography segmentation: $ billion, 2011 10
Table 4: Taiwan insurance market value forecast: $ billion, 2011–16 11
Table 5: Cathay Life Insurance Co., Ltd.: key facts 18
Table 6: Fubon Financial Holding Co., Ltd.: key facts 19
Table 7: Fubon Financial Holding Co., Ltd.: key financials ($) 19
Table 8: Fubon Financial Holding Co., Ltd.: key financials (NT$) 20
Table 9: Fubon Financial Holding Co., Ltd.: key financial ratios 20
Table 10: Nan Shan Life Insurance Co., Ltd.: key facts 22
Table 11: Shin Kong Life Insurance Company LTD: key facts 23
Table 12: Taiwan size of population (million), 2007–11 24
Table 13: Taiwan gdp (constant 2000 prices, $ billion), 2007–11 24
Table 14: Taiwan gdp (current prices, $ billion), 2007–11 24
Table 15: Taiwan inflation, 2007–11 25
Table 16: Taiwan consumer price index (absolute), 2007–11 25
Table 17: Taiwan exchange rate, 2007–11 25

LIST OF FIGURES
Figure 1: Taiwan insurance market value: $ billion, 2007–11 8
Figure 2: Taiwan insurance market category segmentation: % share, by value, 2011 9
Figure 3: Taiwan insurance market geography segmentation: % share, by value, 2011 10
Figure 4: Taiwan insurance market value forecast: $ billion, 2011–16 11
Figure 5: Forces driving competition in the insurance market in Taiwan, 2011 12
Figure 6: Drivers of buyer power in the insurance market in Taiwan, 2011 13
Figure 7: Drivers of supplier power in the insurance market in Taiwan, 2011 14
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Taiwan, 2011 15
Figure 9: Factors influencing the threat of substitutes in the insurance market in Taiwan, 2011 16
Figure 10: Drivers of degree of rivalry in the insurance market in Taiwan, 2011 17
Figure 11: Fubon Financial Holding Co., Ltd.: revenues & profitability 20
Figure 12: Fubon Financial Holding Co., Ltd.: assets & liabilities 21
Copyright © FriedlNet. You may share using our tools Please don't cut content from FriedlNet and redistribute by email or post to the web.