Synopsis

The Singaporean life insurance segment generates business largely from the domestic market, although a small proportion of business is generated from Australia, China, Hong Kong, India, New Zealand and Japan. However, the countrys sustained economic development, rapidly growing older population, rising life expectancy and increased high net worth individual (HNWI) business contributed to the segments growth during the review period (20092013). As such, the gross written premium of the life insurance segment grew at a compound annual growth rate (CAGR) of 8.6%.

Summary

The report provides in-depth market analysis, information and insights into the Singaporean life insurance segment, including:

The Singaporean life insurance segments growth prospects by life insurance category

Key trends and drivers for the life insurance segment

The various distribution channels in the Singaporean life insurance segment

The detailed competitive landscape in the life insurance segment in Singapore

Detailed regulatory policies of the Singaporean insurance industry

Scope

This report provides a comprehensive analysis of the life insurance segment in Singapore:

It provides historical values for the Singaporean life insurance segment for the reports 20092013 review period, and projected figures for the 20132018 forecast period.

It offers a detailed analysis of the key categories in the Singaporean life insurance segment, along with market forecasts until 2018.

Reasons To Buy

Make strategic business decisions using in-depth historic and forecast market data related to the Singaporean life insurance segment and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Singaporean life insurance segment.

Assess the competitive dynamics in the life insurance segment.

Identify the growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Singaporean insurance industry and their impact on companies and the industry's future.

Key Highlights

The Singaporean life insurance segment generates business largely from the domestic market, although a small proportion of business is generated from Australia, China, Hong Kong, India, New Zealand and Japan.

Singapore's sustained economic development, rapidly growing older population, rising life expectancy and increased high net worth individual (HNWI) business contributed to the segments growth during the review period.

On July 30, 2014, the Monetary Authority of Singapore (MAS) announced that customers can purchase life insurance products directly from insurance companies without paying commission.

Browse Full Report @ http://www.aarkstore.com/insurance/95080/life-insurance-in-singapore-key-trends-and-opportunities-to-2018

Table of Content

1 Key Facts and Events
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Singaporean Insurance Industry Attractiveness
4.1 Insurance Industry Size, 20092018
5 Life Insurance Outlook
5.1 Consumer Segmentation
5.2 Key Drivers
5.3 Key Trends
5.4 Challenges

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