The insurance market report provides expert analysis, market insight, company performance data and market statistics for the Malaysian non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Malaysia's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Malaysia non-life (P&C) market as well as trends by line of business. The analysts also report on Malaysia's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers. The non-life (Property & Casualty) report reports on:
The demographics considerations of each market including the size of country, demographic analysis and trends such as births, deaths and life expectancy plus age structure of the population.
Detailed analysis of political/Economic/Security/Operational and Environmental risk factors
Commentary on natural perils
Key considerations of the insurance market including the number of companies and major insurers, ease of entry into the market by foreign companies, distribution channels, regulation and supervision details.
Methodology
The publisher is the only provider of global market information for non-life (Property & Casualty) markets who’s research methodology incorporates visits to local territories to discuss in person the developments of the market from the perspective of not only events that have influenced the market but also factors which are likely to influence the development of this market over the next one or two years. Examples of influential factors could include major new legislation including law reform, changes in claims frequency or severity, severe competition levels, insurer insolvencies and soft or hard markets.
Methodology
The publisher is the leading supplier of global insurance and employee benefits market information. With over 50 years’ experience in researching and delivering industry intelligence on insurance and employee benefits, the publisher provides business-critical compliance and market data on non-life, life and benefits, personal accident, healthcare and employee benefits markets across the globe. The information is relied upon by a diverse range of organisations and our client base extends from the world’s foremost insurers, reinsurers, brokers, risk managers, catastrophe modellers and employee benefits specialists, to law firms and financial institutions
Table of Contents
Market Developments
Key Facts
Supervision and Control
Legislation
Compulsory Insurances
Changes In Legislation
Supervision
Non-Admitted Insurance Regulatory Position
Fronting
Company Registration And Operating Requirements
Taxation
Legal System
Insurance Market Overview
Historical Development
The Market Today
Market Participants
Reinsurance
Local Reinsurance Market
Local Reinsurance Arrangements
Distribution Channels
Multinationals, Captives, ART and Risk Management
Multinationals
Captives
A.R.T. & Risk Management
Insurance Policies
Natural Hazards
Earthquake And Other Geological Hazards
Windstorm
Flood
Bushfire
Subsidence
Hail
Property
Construction And Prevention
Social Hazards
Householder/Homeowner
Industrial And Commercial
Agriculture
Construction and Machinery Breakdown
Construction And Erection All Risks
Machinery Breakdown
Motor
Workers’ Compensation and Employers’ Liability
Liability
General Third Party
Product Liability
Professional Indemnity
Directors’ And Officers’ Liability
Pollution And Environmental Liability
Financial And Professional Risks
Surety, Bonds and Credit
Marine, Aviation and Transit
Marine Hull
Marine Cargo
Marine Liability
Energy
Aviation
Personal Accident and Travel
Personal Accident
Travel
Appendix No 1 Market Statistics
Insurance Supervisor’s Report
Non-Life Market Totals
Non-Life Insurance
Personal Accident
Appendix No 2 Company Statistics
Appendix No 3 Directory
Industry Organisations
Insurance Companies
Takaful Companies
Reinsurance Companies
Retakaful Companies
Captive Managers
Intermediaries
Loss Adjusters
Others
Companies Mentioned
Allianz General Insurance Company (Malaysia) Berhad
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