Industry Dynamics and Competitive Landscape in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile

Transcription

1 Brochure More information from Industry Dynamics and Competitive Landscape in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile Description: Synopsis The report provides top-level market analysis, information and insights into the Vietnamese non-life insurance market, including: - A description of the non-life insurance market in Vietnam - The Vietnamese non-life insurance market s growth prospects - The competitive landscape in the Vietnamese non-life insurance market Summary The Vietnamese non-life insurance segment is highly competitive, and contains both domestic and foreign companies. The non-life insurance segment is also one of the fastest-growing of its kind in the Asia-Pacific region. The segment s rapid development is being supported by Vietnam s strong economic growth, increasing middle-class population, and expanding automobile, real estate and construction industries. The expansion of these industries will generate more demand for property and motor insurance. Large domestic non-life insurance companies have been losing their market share to multinational companies during the review period, due to the multinational companies large marketing expenditure and aggressive pricing strategies. The market share of foreign companies is also increasing due to the requirement following Vietnam s admission to the WTO that foreign and domestic companies must be treated equally. In Vietnam, foreign companies can operate in the non-life insurance segment in various forms, such as through joint ventures, joint stock companies, and wholly owned Vietnamese subsidiaries. Scope This report provides a comprehensive analysis of the non-life insurance market in Vietnam: - It provides historical values for Vietnam s insurance industry market size for the report s review period and forecast figures for the forecast period - Using Porter s industry-standard Five Forces analysis, it details the competitive landscape in Vietnam for the non-life insurance business - It profiles the top non-life insurance companies in Vietnam, and outlines the key regulations affecting them - It provides a comprehensive analysis of the business environment and country risk for Vietnam Reasons To Buy - Make strategic business decisions using top-level historic and forecast market data related to the Vietnamese insurance industry and each sector within it - Understand the demand-side dynamics, key market trends and growth opportunities within the Vietnamese insurance industry - Develop market-entry strategies by understanding the key market opportunities - Assess the competitive dynamics in the Vietnamese non-life insurance market - Identify key operators in the Vietnamese insurance industry, along with profiles on those companies Key Highlights NA Contents: 1 Introduction 1.1 What is this Report About? 1.2 Definitions 1.3 Methodology 2 Vietnamese Insurance Industry Attractiveness 2.1 Insurance Industry Market Size, Key Industry Trends and Drivers Business drivers Consumer drivers 2.3 Recent Market Developments 3 Regulatory Policies 4 Porter s Five Forces Analysis Vietnam Non-Life Insurance Market

2 4.1 Bargaining Power of Suppliers: Low to Medium 4.2 Bargaining Power of Buyers: Medium 4.3 Barriers to Entry: Medium 4.4 Intensity of Rivalry: High 4.5 Threat of Substitutes: Low 5 Competitive Landscape and Strategic Insights 5.1 Overview 5.2 Leading Companies in the Vietnam Non-Life Insurance Segment 5.3 Comparison of Top-Four Insurers Gross written premium 5.4 Bao Viet Insurance Company Overview Bao Viet Insurance key facts Bao Viet Insurance key financials 5.5 PVI Insurance Corporation Company Overview PVI Insurance Corporation key facts PVI Insurance Corporation key financials 5.6 BaoMinh Insurance Corporation Company Overview BaoMinh Insurance Corporation key facts BaoMinh Insurance Corporation key financials 5.7 Petrolimex Joint-Stock Insurance Company Company Overview Petrolimex Joint-Stock Insurance Company key facts Petrolimex Joint-Stock Insurance Company key financials 5.8 Post and Telecommunication Insurance Vietnam Company Overview Post and Telecommunication Insurance Vietnam key facts 5.9 BIDV Insurance Corporation Company Overview BIDV Insurance Corporation key facts 5.10 Samsung Vina Insurance Company Company Overview Samsung Vina Insurance Company key facts 5.11 MSIG Insurance (Vietnam) Company Limited Company Overview MSIG Insurance (Vietnam) Company Limited key facts 5.12 Fubon Insurance Vietnam Company Overview Fubon Insurance Vietnam key facts 6 Business Environment and Country Risk 6.1 Business Confidence Market capitalization trend Ho Chi Minh City Stock Exchange, Vietnam 6.2 Economic Performance GDP at constant prices (US dollars) GDP per capita at constant prices (US dollars) GDP at current prices (US dollars) GDP per capita at current prices (US dollars) GDP split by key sectors Agriculture net output at current prices (Vietnam Dong) Agriculture net output at current prices (US dollars) Agriculture net output at current prices as a percentage of GDP Manufacturing net output at current prices (Vietnam Dong) Manufacturing net output at current prices (US dollars) Manufacturing net output at current prices as a percentage of GDP Mining, manufacturing and utilities net output at current prices (Vietnam Dong) Mining, manufacturing and utilities at current prices (US dollars) Mining, manufacturing and utilities at current prices as a percentage of GDP Construction net output at current prices (Vietnam Dong) Construction net output at current prices as a percentage of GDP Construction net output at current prices (US dollars) Inflation rate Current account balance as a percentage of GDP Exports growth Imports growth External debt as a percentage of GDP Annual average exchange rate US$ VND End of period exchange rate US$ VND 6.3 Infrastructure Quality and Availability Railways and roads Passenger vehicle registration

3 6.3.3 Commercial vehicle production Healthcare expenditure Healthcare expenditure as a percentage of GDP Healthcare per capita expenditure Total internet subscribers 6.4 Labor Force Labor force Unemployment rate 6.5 Demographics Annual disposable income Annual per capita disposable income Total population Urban and rural population Females as a percentage of the total population Males as a percentage of the total population Median age of population Population density Age distribution of the total population Age distribution of the male population Age distribution of the female population Number of households 6.6 Political and Social Risk Political stability Terrorism Index Transparency index 7 Appendix 7.1 Methodology 7.1 Contact Us 7.2 About Timetric 7.3 Disclaimer List of Tables Table 1: Insurance Industry Definitions Table 2: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), Table 3: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), Table 4: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), Table 5: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), Table 6: Vietnamese Insurance Segmentation (% Share), Table 7: Vietnamese Non-Life Insurance Market Share (%), Table 8: Bao Viet Insurance, Key Facts Table 9: Bao Viet Insurance, Key Financials (VND Billion) Table 10: PVI Insurance Corporation, Key Facts Table 11: PVI Insurance Corporation, Key Financials (VND Billion) Table 12: BaoMinh Insurance Corporation, Key Facts Table 13: BaoMinh Insurance Corporation, Key Financials (VND Billion) Table 14: Petrolimex Joint-Stock Insurance Company, Key Facts Table 15: Petrolimex Joint-Stock Insurance Company, Key Financials (VND Billion) Table 16: Post and Telecommunication Insurance Vietnam, Key Facts Table 17: BIDV Insurance Corporation, Key Facts Table 18: Samsung Vina Insurance Company, Key Facts Table 19: MSIG Insurance (Vietnam) Company Limited, Key Facts Table 20: Fubon Insurance Vietnam, Key Facts List of Figures Figure 1: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), Figure 2: Vietnamese Insurance Market Dynamics by Segment, Figure 3: Vietnamese Vietnam Non-Life Insurance Market Five Forces Analysis Figure 4: Vietnamese Non-Life Insurance Market Share (%), 2007 and 2011 Figure 5: Vietnamese Gross Written Premium Top-Four Vietnamese Non-Life Insurers, 2011 Figure 6: Vietnamese Ho Chi Minh City Stock Exchange, Market Capitalization, (US$ Billion), Figure 7: Vietnamese GDP at Constant Prices (US$ Billion), Figure 8: Vietnamese GDP Per Capita at Constant Prices (US$), Figure 9: Vietnamese GDP at Current Prices (US$ Billion),

4 Figure 10: Vietnamese GDP Per Capita at Current Prices (US$), Figure 11: Vietnamese GDP Split by Key Sectors (%), 2010 and 2011 Figure 12: Vietnamese Agriculture Net Output at Current Prices (VND Billion), Figure 13: Vietnamese Agriculture Net Output at Current Prices (US$ Billion), Figure 14: Vietnamese Agriculture Net Output at Current Prices as a Percentage of GDP (%), Figure 15: Vietnamese Manufacturing Net Output at Current Prices (VND Billion), Figure 16: Vietnamese Manufacturing Net Output at Current Prices (US$ Billion), Figure 17: Vietnamese Manufacturing Net Output at Current Prices as a Percentage of GDP (%), Figure 18: Vietnamese Mining, Manufacturing and Utilities Net Output at Current Prices (VND Billion), Figure 19: Vietnamese Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), Figure 20: Vietnamese Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), Figure 21: Vietnamese Construction Net Output at Current Prices (VND Billion), Figure 22: Vietnamese Construction Output at Current Prices as a Percentage of GDP (%), Figure 23: Vietnamese Construction Net Output at Current Prices (US$ Billion), Figure 24: Vietnamese Inflation Rate (%), Figure 25: Vietnamese Current Account Balance as a Percentage of GDP (%), Figure 26: Vietnamese Exports Growth (%), Figure 27: Vietnamese Imports Growth (%), Figure 28: Vietnamese External Debt as a Percentage of GDP (%), Figure 29: Vietnamese Annual Average Exchange Rate (US$ VND), Figure 30: Vietnamese End of Period Exchange Rate (US$ VND), Figure 31: Vietnamese Railways and Roads (Kilometers), 2011 Figure 32: Vietnamese Passenger Vehicle Registration (Units), Figure 33: Vietnamese Commercial Vehicle Registration (Units), Figure 34: Vietnamese Healthcare Expenditure (US$ Billion), Figure 35: Vietnamese Healthcare Expenditure as a Percentage of GDP (%), Figure 36: Vietnamese Per Capita Healthcare Expenditure (US$), Figure 37: Vietnamese Internet Subscribers (Millions), Figure 38: Vietnamese Size of Labor Force in Age Group (Million), Figure 39: Vietnamese Unemployment Rate (%), Figure 40: Vietnamese Annual Disposable Income (US$ Billion), Figure 41: Vietnamese Annual Per Capita Disposable Income (US$), Figure 42: Vietnamese Total Population (Million), Figure 43: Vietnamese Urban and Rural Population (%), Figure 44: Vietnamese Females as a Percentage of the Total Population (%), Figure 45: Vietnamese Males as a Percentage of the Total Population (%), Figure 46: Vietnamese Median Age of Population (Years), Figure 47: Vietnamese Population Density (per Square Kilometer), Figure 48: Vietnamese Total Population Distribution by Age (%), Figure 49: Vietnamese Male Population Distribution by Age (%), Figure 50: Vietnamese Female Population Distribution by Age (%), Figure 51: Vietnamese Number of Households (Million), Figure 52: Global Terrorism Heat Map Figure 53: Vietnamese Transparency Index, Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland.

5

6 Page 1 of 2 Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to (from USA) or (from Rest of World). If you have any questions please visit Order Information Please verify that the product information is correct and select the format(s) you require. Product Name: Web Address: Office Code: Industry Dynamics and Competitive Landscape in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile SC Product Formats Please select the product formats and quantity you require: Electronic (PDF) - Single User: Electronic (PDF) - Site License: Electronic (PDF) - Enterprisewide: Quantity USD 1000 USD 2000 USD 3000 Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: Last Name: Address: * Job Title: Organisation: Address: City: Postal / Zip Code: Country: Phone Number: Fax Number: * Please refrain from using free accounts when ordering (e.g. Yahoo, Hotmail, AOL)

7 Page 2 of 2 Payment Information Please indicate the payment method you would like to use by selecting the appropriate box. Pay by credit card: You will receive an with a link to a secure webpage to enter your credit card details. Pay by check: Please post the check, accompanied by this form, to: Research and Markets, Guinness Center, Taylors Lane, Dublin 8, Ireland. Pay by wire transfer: Please transfer funds to: Account number Sort code Swift code IBAN number Bank Address ULSBIE2D IE78ULSB Ulster Bank, Main Street, Blackrock, Co. Dublin, Ireland. If you have a Marketing Code please enter it below: Marketing Code: Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at Please fax this form to: (646) or (646) From USA or From Rest of World