Today: February 13, 2016, 11:59 am

Malaysia reinsurance market: $0.46 billion industry estimated during 2012
Reinsurance in Malaysia, Key Trends and Opportunities to 2017 - a new market research report on 2014-03-26 10:27:02
The written premium value of the Malaysia reinsurance segment increased from MYR1.03 billion (US$0.31 billion) in 2008 to MYR1.41 billion (US$0.46 billion) in 2012, at a review-period compound annual growth rate (CAGR) of 8.1%. The segment is expected to continue to record strong growth over the forecast period (2013–2017), supported by national economic development, the growth of the country´s real estate market, a rise in banking penetration and improved access to credit.

The expansion of direct insurance segments is also expected to support reinsurance growth, with the written premium value of the country´s life segment expected to record a forecast-period CAGR of 7.8%, the non-life segment anticipated to post a forecast-period CAGR of 6.5%, and the personal accident and health segment expected to increase at a CAGR of 8.3%.

Risk of natural disasters expected to drive expansion of reinsurance. During the review period, the government liberalized the country´s reinsurance segment, which opened the market to foreign companies and offered various incentives and benefits – such as the removal of sales tax, excise, and import duties – to attract them.

The reinsurance segment is highly consolidated with the presence of both domestic and foreign reinsurers. As of 2012, there were seven companies authorized to offer reinsurance services in the country.

Click for report details: ..

Browse all Finance and Banking Market Research Reports ..

Browse all Finance and Banking Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 413 Words
Related Articles
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..] Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.