BMI Country Insurance Reports - Sample BMI Executive Summary

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The Sector At A Glance

Key Insights On The Insurance Sector Of India

Past regulations, and the entrenched positions of the local majors, have represented a formidable barrier to entry to multi-national insurers. Relative to the overall market opportunity, India is not particularly crowded with cross-border non-life firms.

Indeed, it would be fair to say that India is unusual in that the non-life segment continues to be dominated by insurance companies that are still state-owned enterprises.

The life sector continues to be dominated totally by LIC, a state-owned insurer that is fully owned by the government and that is still nearly a monopoly.

The authorities are making gradual progress towards changes that will benefit consumers and businesses that use insurance. Liberalisation is also, on the whole, good news for private sector insurers, be they local or foreign.

The government, as sole shareholder of the life insurance titan and four of the largest non-life firms, has a lot to lose from liberalisation of the insurance sector. Its own financial problems increase the likelihood of privatisations. However, deal-making will not be easy - and not just because of the political opposition that will have to be overcome.

Key Features Of This Report & Likely Future Changes

As we envisaged earlier this year, this report includes a completely new and updated Analysis of Competitive Conditions. We have looked at the corporate websites of around 60 companies to assess where they are active in the non-life and/or the life segments. We have also considered the likely growth in absolute premiums, both for the 36 countries that we survey, and for 24 others. A key observation is that there are many countries where the numbers of cross-border insurance companies are surprisingly large, given the scale of the market opportunity: conversely, there is a number of countries where the cross-border insurance companies that are present are surprisingly small.

In the third quarter of 2006, we hope to improve the Analysis of Competitive Conditions and to include actual premium statistics for the end of 2005.

BMI's Country Insurance Reports - Sample Contents Page

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Chapter 1 - The Sector At A Glance

Table: Overview

Key Features Of This Report & Likely Future Changes

Chapter 2 - Latest News

Recent Developments

Chapter 3 - Evolution Since The Mid-1990s

Table: Evolution Of The Insurance Sector (in millions of currency specified)

Evolution

Chapter 4 - Projections And Forecasts

Table: BMI Projections (in millions of currency specified)

Projections And Drivers Of Growth

Chapter 5 - Macroeconomic Outlook

Table: GDP And Population

Chapter 6 - Country Update

Political Risk – Alliances Shape The Future

Economic Risk – A Services-Led Boom

Business Environment Risk – Still Significant

Chapter 7 - Analysis of Competitive Conditions

Country Overview – India – Non-Life Segment

Table: Non-Life Segment – Rankings of Markets

Table: Presence Of Cross-Border Insurers – Non-Life

Table: Selected Local Insurers

Country Overview – India – Life Segment

Table: Life Segment – Rankings of Markets

Table: Presence Of Cross-Border Insurers – Life

Table: Selected Local Life Insurers

Chapter 8 - Regional Context

Table: Regional Context - Premiums

Table: Regional Context – Total Premiums

Chapter 9 - Methodology And Objectives

Introduction

Background

Forecasts

Chapter 10 - Appendix

Table: Latest Estimates / Actual Figures For 2005

Table: Latest Estimates For 2010

Table: Latest Estimates For 2005-2010

Competitive Landscape for Asia Insurance Reports: Sample of
    Companies Ranked

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A cross-border overview of key players and their insurance market share across Asia. Tables and graphs show country presence of multinationals across the region. Comparative company analyses and rankings by premium income (life and non-life). Company SWOTS for leading life and non-life insurers, covering network of offices, presence of foreign stakeholders, strategic relationships, joint ventures; portfolio of clients; diversity of product range; profit growth, investment strategy and risk exposure.

Network of Insurance Sources

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BMI's Asian Insurance Reports are based on an extensive network of multilateral organisations, government departments, insurance industry associations, chambers of commerce and company reports. Information sources include: