Indonesia Insurance Association
The life insurance market in Indonesia enjoyed a strong annual growth rate of over 30 percent during 2002-07. This growth was evident across all product lines, but most noticeably in investment-linked products, which alone accounted for 42 percent of gross premium growth. The proportion of investment-linked premiums in total gross premium increased from 9 percent in 2002 to 31 percent in 2007.
Indonesia is a relatively consolidated market dominated by foreign players. In 2006, the top seven players accounted for about 58 percent of the market in gross premium; four of the top seven AIG, Prudential (UK), Manulife, and Allianz - were multinational insurers.
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Showing posts with label Indonesia Insurance Association. Show all posts
Showing posts with label Indonesia Insurance Association. Show all posts
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