2013-03-04 14:48:11 - Fast Market Research recommends "The Insurance Industry in Macau, Key Trends and Opportunities to 2016" from Timetric, now available

Macau is one of the two special administrative regions of the People's Republic of China. The region's economy is predominantly dependent on tourism, gambling and the manufacturing sector. However, the contribution of the financial services sector, including the insurance industry, is gradually increasing. The value of the Macau insurance industry grew during the review period (2007-2011), with life insurance being the largest segment. The growth of the insurance industry is being driven by expanding casino-related infrastructure development projects and a favorable regulatory framework, including a wide range of compulsory insurance categories such as motor third-party liability and various professional liability insurance categories. Macau has the second highest life expectancy in the world, which also contributed to the overall growth of

the insurance industry during the review period. These factors are expected to remain important over the forecast period (2011-2016), which is likely to continue to witness insurance industry growth.


Full Report Details at
- www.fastmr.com/prod/545340_the_insurance_industry_in_macau_key_t ..


Key Highlights

* Macau is one of the two special administrative regions of the People's Republic of China.
* The region's economy is predominantly dependent on tourism, gambling and the manufacturing sector.
* However, the contribution of the financial services sector, including the insurance industry, is gradually increasing.
* The value of the Macau insurance industry grew during the review period (2007-2011), with life insurance being the largest segment.
* The growth of the insurance industry is being driven by expanding casino-related infrastructure development projects and a favorable regulatory framework, including a wide range of compulsory insurance categories such as motor third-party liability and various professional liability insurance categories.
* Macau has the second highest life expectancy in the world, which also contributed to the overall growth of the insurance industry during the review period. These factors are expected to remain important over the forecast period (2011-2016), which is likely to continue to witness insurance industry growth.

Scope

This report provides a comprehensive analysis of the insurance industry in Macau:

* It provides historical values for the Macau insurance industry for the report's 2007-2011 review period and forecast figures for the 2011-2016 forecast period
* It offers a detailed analysis of the key segments and categories in the Macau insurance industry, along with industry forecasts until 2016
* It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
* It profiles the top insurance companies in Macau and outlines the key regulations affecting them

Reasons to Purchase

* Make strategic business decisions using in depth historic and forecast industry data related to the Macau insurance industry and each segment within it
* Understand the demand-side dynamics, key market trends and growth opportunities within the Macau insurance industry
* Assess the competitive dynamics in the Macau insurance industry
* Identify the growth opportunities and market dynamics within key segments
* Gain insights into key regulations governing the Macau insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: American International Assurance Co. (B) Ltd, China Life Insurance (Overseas) Company Limited, Macau Life Insurance Company Limited, Manulife (International) Limited

Partial Table of Contents:

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Macau Insurance Industry Overview
3.1 Industry Overview
3.2 Macau Insurance Industry - Industry Size, 2007-2016
3.3 Key Industry Trends and Drivers
3.4 Challenges
4 Legislation, Supervision and Control
4.1 Legislation Overview and Historical Evolution
4.2 Legislation Trends by Type of Insurance
4.2.1 Life insurance regulatory trends
4.2.2 Property insurance regulatory trends
4.2.3 Motor insurance regulatory trends
4.2.4 Marine, aviation and transit insurance regulatory trends
4.2.5 Personal accident and health insurance regulatory trends
4.3 Compulsory Insurance
4.3.1 Motor third-party liability insurance
4.3.2 Insurance for occupational accidents or occupational diseases
4.3.3 Public liability insurance in relation to the fixing of propaganda and publicity material
4.3.4 Professional liability insurance for lawyers
4.4 Supervision and Control
4.4.1 International Association of Insurance Supervisors
4.4.2 Monetary Authority of Macau
5 Non-Admitted Insurance Regulatory
5.1 Overview
5.2 Intermediaries
5.3 Market Practices
5.4 Fines and Penalties
6 Company Registration and Operations
6.1 Types of Insurance Organisation
6.2 Establishing a local company
6.3 Foreign Ownership
6.4 Types of License
6.5 Capital Requirements
6.6 Solvency Margins
6.7 Reserve Requirements
6.8 Investment Regulations
6.9 Statutory Return Requirements
7 Taxation
7.1 Corporate Tax
7.2 VAT
7.3 Captives
8 Legal System
8.1 Introduction
8.2 Access to Court
8.3 Alternative Dispute Resolution (ADR)
9 Industry Segmentation
9.1 Life Insurance
9.2 Non-Life Insurance
9.2.1 Property insurance category
9.2.2 Motor insurance category
9.2.3 Liability insurance category
9.2.4 Marine, Aviation and Transit insurance category
9.3 Personal Accident and Health Insurance
9.4 Reinsurance
10 Competitive Landscape
10.1 Overview
10.2 Leading Companies
10.2.1 American International Assurance Co. (B) Ltd - company overview
10.2.2 China Life Insurance (Overseas) Company Limited - company overview
10.2.3 Macau Life Insurance Company Limited - company overview

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=545340&dt=t

About Timetric

Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at www.fastmr.com/catalog/publishers.aspx?pubid=1037

About Fast Market Research

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