Trends and Opportunities in the Indonesian Life Insurance Industry to 2016: Market Profile
During the review period, the Indonesian life insurance market grew at a healthy rate. This growth was driven by the growing popularity of unit-linked insurance products, the country’s economic growth and favorable demographics. Despite this strong growth, the country has one of the most underdeveloped life insurance segments among south-east Asian economies, with the segment’s written premiums accounting for only XX% of Indonesia’s GDP in 2011, as compared to XXX% for Malaysia, XXX% for Singapore, and XX% for Thailand. This...
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