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Report Name:	Non-Life Insurance in Malaysia, Key Trends and Opportunities to 2016
Issue Date:	April 2012
Price:	$1950


The expansion of the Malaysian nonlife insurance segment was strongly influenced by the countrys GDP growth and the increasing penetration rate of the Malaysian insurance industry. Supported by these factors, the segment showed healthy growth rate during the review period (20072011). With Malaysias annual GDP growth expected to average between 6% and 10% over the forecast period (20122016), the nonlife insurance segment is expected to continue growing at a healthy rate. Moreover, the growth of the industry is also expected to be driven by the increased risk awareness and preparation for risk avoidance among the Malaysian population. Additionally, the growth of the countrys property and automobile industries, rising employment levels and anticipated industrial growth over the forecast period are also expected to drive growth of the nonlife insurance segment. Within the nonlife insurance segment, the motor insurance category accounted for the largest market share in 2011, followed by property insurance. The motor insurance category is expected to retain its leading position over the forecast period.

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