New Market Research Report: Philippines Insurance Report Q1 2016

Though currently relatively small by global standards , t he insuran ce industry in the Philippines does offer significant future growth potential. Life insurance is already well established and set to benefit from steady improvements in household income rates and life expectancy which will boost demand for a range of retirement and later-in- life sa vings products. The smaller non- life sector also stands to benefit from wider domestic economic growth and demand for key lines such as motor and property will remain strong. As such , premiums written in the market are expected to increase steadily over the medium term and beyond. The c ountry's vulnerability to large- scale natural disasters, such as typhoons, and the presence of several small domestic firms , do es mean that the use of outwards reinsurance will remain high for the foreseeable future .

Full Report Details at
- http://www.fastmr.com/prod/1075322_philippines_insurance_report.aspx?afid=301

The Philippines Insurance Report has been researched at source and features BMI Research's independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.

BMI's Philippines Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Philippine insurance industry.

Key Benefits

* Benchmark BMI's independent insurance industry forecasts for Philippines to test other views - a key input for successful budgeting and strategic business planning in Philippines's insurance market.
* Target business opportunities and risks in Philippines through our reviews of latest industry trends, regulatory changes and major deals, investments and macroeconomic developments.
* Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering the Life and Non-Life segments, the evolving competitive landscape and business operational risks.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the insurance sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2005-2014) and forecasts to end-2019 for key industry indicators, supported by explicit assumptions, plus analysis of key risks to the main forecasts. Indicators include:

* Life/non-life Premiums:

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