Increased product awareness and an expanding economy are fuelling demand in Vietnam’s insurance industry, as the government seeks to attract overseas investors to the market.
Positive first half results from leading banks, rising business confidence and a predicted surge in consumer spending are expected to boost lending and earnings in Dubai’s financial services sector.
Economic update | Efficiency gains and reforms drive higher profitability among Indonesian reinsurers
Positive economic developments and insurance sector reforms are helping to boost profitability in Indonesia’s reinsurance segment, following the formation late last year of a new state-owned reinsurance company.
Economic update | Liberalisation to create new opportunities in Malaysia’s insurance sector
Ongoing reforms in Malaysia’s insurance industry should increase competition and cut premiums costs for consumers, though a flatter economy has seen revenues dip as the market adjusts to a newly liberalised operating environment.
Interviews & Viewpoints | Matthew Kearns, General Manager, QBE Insurance: Interview from The Report: Papua New Guinea 2017
How would you assess the sophistication of the insurance market in Papua New Guinea and the scope for more complex products?
Articles & Analysis | Reforms and a shrinking market characterise insurance sector in PNG from The Report: Papua New Guinea 2017
Insurance in Papua New Guinea remains a sector of significant opportunity. With a low penetration rate – estimated at under 2% – and the overall economy set for rapid growth as a result of ExxonMobil’s liquefied natural gas (LNG) project, demand is projected to increase over time. Other trends and events also suggest good prospects. A new...