Executive summary

---

Scope

• This report provides a comprehensive analysis of the life insurance market in Indonesia:
• It provides historical values for Indonesia’s life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key sub-segments in Indonesia’s life insurance market, along with market forecasts until 2016
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for life insurance products in Indonesia
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Indonesia for the life insurance business
• It provides a detailed analysis of the reinsurance market in Indonesia and its growth prospects
• It profiles the top life insurance companies in Indonesia and outlines the key regulations affecting them

---

Key highlights

• The Indonesian life insurance segment recorded impressive growth at a CAGR of 19.5% during the review period in terms of gross written premium value.
• The growth was mainly generated from the strong performance of individual life insurance products such unit-linked and term life.
• Growing consumer awareness enabled the Indonesian life insurance segment to register high growth during the review period. Over this time, preference for life insurance products as a long-term security measure increased.
• Increased life expectancy among the Indonesian population was another key growth driver for the Indonesian life insurance segment during the review period.
• In 2011, agencies generated almost half of the total new business written premiums in the life insurance segment. The primary reason for this strong preference was that Indonesia is made up of a large group of islands, making a broad network of agents the most efficient way to sell, promote and manage insurance products across the entire population.

---

Reasons to buy

• Make strategic business decisions using historic and forecast market data related to the Indonesian life insurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Indonesian life insurance market
• Assess the competitive dynamics in the life insurance market, along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Indonesian insurance market and its impact on companies and the market's future

Table of contents

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Indonesian Insurance Industry Attractiveness
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 Life Insurance Segment Outlook
4.1 Life Insurance Growth Prospects by Category
4.1.1 Individual life insurance category
4.1.2 Individual general annuity category
4.1.3 Individual pension category
4.1.4 Individual endowment category
4.1.5 Individual unit-linked insurance category
4.1.6 Individual term life insurance category
4.1.7 Individual others category
4.1.8 Group life insurance category
4.1.9 Group superannuation category
4.1.10 Group unit-linked insurance category
4.2 Life Insurance Growth Prospects by Product Type
4.2.1 Individual single-premium policies
4.2.2 Individual non-single-premium category
4.2.3 Group single-premium policies
4.2.4 Group non-single-premium policies
5 Analysis by Distribution Channel
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 E-Commerce Channel
5.5 Brokers Channel
5.6 Other Channels
6 Regulatory Policies
7 Porter’s Five Forces Analysis – Indonesian Life Insurance
7.1 Bargaining Power of Supplier: Medium to High
7.2 Bargaining Power of Buyer: Medium
7.3 Barriers to Entry: Medium
7.4 Intensity of Rivalry: Medium
7.5 Threat of Substitutes: Low to Medium
8 Reinsurance Growth Dynamics and Challenges
8.1 Reinsurance Market Size, 2007–2016
8.2 Reinsurance Market Size by Type of Insurance, 2007–2016
9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the Indonesian Life Insurance Market
9.3 PT Prudential Life Assurance – Company Overview
9.3.1 PT Prudential Life Assurance – key facts
9.3.2 PT Prudential Life Assurance – key financial ratios
9.4 PT Asuransi Sinar Mas- Company Overview
9.4.1 PT Asuransi Sinar Mas – key facts
9.4.2 PT Asuransi Sinar Mas – key financial ratios
9.5 PT Asuransi Jiwa Mega Life – Company Overview
9.5.1 PT Asuransi Jiwa Mega Life – key facts
9.6 PT Asuransi Allianz Life Indonesia – Company Overview
9.6.1 PT Asuransi Allianz Life Indonesia – key facts
9.6.2 PT Asuransi Allianz Life Indonesia – key financials
9.7 PT Asuransi Jiwa Manulife Indonesia – Company Overview
9.7.1 PT Asuransi Jiwa Manulife Indonesia – key facts
9.7.2 PT Asuransi Jiwa Manulife Indonesia – key financials
9.8 PT Asuransi Jiwasraya (Persero) – Company Overview
9.8.1 PT. Asuransi Jiwasraya (Persero) – key facts
9.8.2 PT. Asuransi Jiwasraya (Persero) – key financials
9.9 PT AIA Financial (d/h AIG) – Company Overview
9.9.1 PT AIA Financial (d/h AIG) – key facts
9.9.2 PT AIA Financial (d/h AIG) – key financials
9.1 PT Axa Mandiri Financial Services – Company Overview
9.10.1 PT Axa Mandiri Financial Services – key facts
9.10.2 PT Axa Mandiri Financial Services – key financials
10 Business Environment and Country Risk
10.1 Business Confidence
10.1.1 Business confidence indicator
10.1.2 Market capitalization trend – Indonesia Stock Exchange
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP by key segments
10.2.6 Agricultural net output at current prices (IDR)
10.2.7 Manufacturing net output at current prices as a percentage of GDP
10.2.8 Mining, manufacturing and utilities net output at current prices (Indonesian rupiah)
10.2.9 Mining, manufacturing and utilities at current prices (US dollars)
10.2.10 Mining, manufacturing and utilities at current prices, as a percentage of GDP
10.2.11 Construction net output at current prices (Indonesian rupiah)
10.2.12 Construction net output at current prices, (US dollars)
10.2.13 Construction net output at current prices as a percentage of GDP
10.2.14 Inflation rate
10.2.15 Current account balance as a percentage of GDP
10.2.16 Exports as a percentage of GDP
10.2.17 Imports as a percentage of GDP
10.2.18 Exports growth
10.2.19 Imports growth
10.2.20 Annual average exchange rate US$–IDR
10.2.21 End-of-period exchange rate US$–IDR
10.3 Infrastructure Quality and Availability
10.3.1 Total airports and sea ports
10.3.2 Railways and roadways
10.3.3 Passenger vehicle production volume
10.3.4 Commercial vehicle production volume
10.3.5 Automotive component exports trend
10.3.6 Automotive component imports trend
10.3.7 Passenger car penetration
10.3.8 Healthcare expenditure
10.3.9 Healthcare expenditure as a percentage of GDP
10.3.10 Healthcare expenditure per capita
10.3.11 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural populations
10.5.5 Female percentage of the population
10.5.6 Male percentage of the population
10.5.7 Mean age of the population
10.5.8 Median age of population
10.5.9 Population density
10.5.10 Age distribution of the total population
10.5.11 Age distribution of the male population
10.5.12 Age distribution of the female population
10.5.13 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Transparency index
11 Appendix
11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer

List of tables

Table 1: Insurance Industry Definitions
Table 2: Indonesian Insurance Overall Written Premium by Segment (IDR Billion), 2007–2011
Table 3: Indonesian Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Indonesian Insurance Overall Written Premium by Segment (IDR Billion), 2011–2016
Table 5: Indonesian Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Indonesian Insurance Segmentation (% Share), 2007–2016
Table 7: Indonesian Life Insurance Written Premium by Category (IDR Billion), 2007–2011
Table 8: Indonesian Life Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Indonesian Life Insurance Written Premium by Category (IDR Billion), 2011–2016
Table 10: Indonesian Life Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Indonesian Life Insurance – Earned Premium (IDR Billion), 2007–2011
Table 12: Indonesian Life Insurance – Earned Premium (IDR Billion), 2011–2016
Table 13: Indonesian Life Insurance – Sum Assured (IDR Trillion), 2007–2011
Table 14: Indonesian Life Insurance – Sum Assured (IDRTrillion), 2011–2016
Table 15: Indonesian Life Insurance – Paid Claims (IDR Billion), 2007–2011
Table 16: Indonesian Life Insurance – Paid Claims (IDR Billion), 2011–2016
Table 17: Indonesian Life Insurance – Incurred Loss (IDR Billion), 2007–2011
Table 18: Indonesian Life Insurance – Incurred Loss (IDR Billion), 2011–2016
Table 19: Indonesian Life Insurance – Loss Ratio (%), 2007–2011
Table 20: Indonesian Life Insurance – Loss Ratio (%), 2011–2016
Table 21: Indonesian Life Insurance – Commissions and Expenses (IDR Billion), 2007–2011
Table 22: Indonesian Life Insurance – Commissions and Expenses (IDR Billion), 2011–2016
Table 23: Indonesian Life Insurance – Combined Ratio (%), 2007–2011
Table 24: Indonesian Life Insurance – Combined Ratio (%), 2011–2016
Table 25: Indonesian Life Insurance – Frauds and Crimes (IDR Billion), 2007–2011
Table 26: Indonesian Life Insurance – Frauds and Crimes (IDR Billion), 2011–2016
Table 27: Indonesian Life Insurance – Total Assets (IDR Billion), 2007–2011
Table 28: Indonesian Life Insurance – Total Assets (IDR Billion), 2011–2016
Table 29: Indonesian Life Insurance – Total Investment Income (IDR Billion), 2007–2011
Table 30: Indonesian Life Insurance – Total Investment Income (IDR Billion), 2011–2016
Table 31: Indonesian Life Insurance – Retentions (IDR Billion), 2007–2011
Table 32: Indonesian Life Insurance – Retentions (IDR Billion), 2011–2016
Table 33: Indonesian Individual Life Insurance – Number of Active Policies (Thousand), 2007–2011
Table 34: Indonesian Individual Life Insurance – Number of Active Policies, 2011–2016
Table 35: Indonesian Individual Life Insurance – Written Premium (IDR Billion), 2007–2011
Table 36: Indonesian Individual Life Insurance – Written Premium (IDR Billion), 2011–2016
Table 37: Indonesian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2007–2011
Table 38: Indonesian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2011–2016
Table 39: Indonesian Individual General Annuity Insurance – Written Premium (IDR Billion), 2007–2011
Table 40: Indonesian Individual General Annuity Insurance – Written Premium (IDR Billion), 2011–2016
Table 41: Indonesian Individual Pension Insurance – Number of Active Policies (Thousand), 2007–2011
Table 42: Indonesian Individual Pension Insurance – Number of Active Policies (Thousand), 2011–2016
Table 43: Indonesian Individual Pension Insurance – Written Premium (IDR Billion), 2007–2011
Table 44: Indonesian Individual Pension Insurance – Written Premium (IDR Billion), 2011–2016
Table 45: Indonesian Individual Endowment Insurance – Number of Active Policies (Thousand), 2007–2011
Table 46: Indonesian Individual Endowment Insurance – Number of Active Policies (Thousand), 2011–2016
Table 47: Indonesian Individual Endowment Insurance – Written Premium (IDR Billion), 2007–2011
Table 48: Indonesian Individual Endowment Insurance – Written Premium (IDR Billion), 2011–2016
Table 49: Indonesian Individual Unit-linked Insurance – Number of Active Policies (Thousand), 2007–2011
Table 50: Indonesian Individual Unit-linked Insurance – Number of Active Policies (Thousand), 2011–2016
Table 51: Indonesian Individual Unit-linked Insurance – Written Premium (IDR Billion), 2007–2011
Table 52: Indonesian Individual Unit-linked Insurance – Written Premium (IDR Billion), 2011–2016
Table 53: Indonesian Individual Term Life Insurance – Number of Active Policies (Thousand), 2007–2011
Table 54: Indonesian Individual Term Life Insurance – Number of Active Policies (Thousand), 2011–2016
Table 55: Indonesian Individual Term Life Insurance – Written Premium (IDR Billion), 2007–2011
Table 56: Indonesian Individual Term Life Insurance – Written Premium (IDR Billion), 2011–2016
Table 57: Indonesian Other Individual Insurance – Number of Active Policies (Thousand), 2007–2011
Table 58: Indonesian Other Individual Insurance – Number of Active Policies (Thousand), 2011–2016
Table 59: Indonesian Other Individual Insurance – Written Premium (IDR Billion), 2007–2011
Table 60: Indonesian Other Individual Insurance – Written Premium (IDR Billion), 2011–2016
Table 61: Indonesian Group Life Insurance – Number of Active Policies (Thousand), 2007–2011
Table 62: Indonesian Group Life Insurance – Number of Active Policies (Thousand), 2011–2016
Table 63: Indonesian Group Life Insurance – Written Premium (IDR Billion), 2007–2011
Table 64: Indonesian Group Life Insurance – Written Premium (IDR Billion), 2011–2016
Table 65: Indonesian Group Superannuation Insurance – Number of Active Policies (Thousand), 2007–2011
Table 66: Indonesian Group Superannuation Insurance – Number of Active Policies (Thousand), 2011–2016
Table 67: Indonesian Group Superannuation Insurance – Written Premium (IDR Billion), 2007–2011
Table 68: Indonesian Group Superannuation Insurance – Written Premium (IDR Billion), 2011–2016
Table 69: Indonesian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2007–2011
Table 70: Indonesian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2011–2016
Table 71: Indonesian Group Unit-Linked Insurance – Written Premium (IDR Billion), 2007–2011
Table 72: Indonesian Group Unit-Linked Insurance – Written Premium (IDR Billion), 2011–2016
Table 73: Indonesian Individual Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Table 74: Indonesian Individual Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Table 75: Indonesian Individual Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Table 76: Indonesian Individual Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Table 77: Indonesian Individual Non-Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Table 78: Indonesian Individual Non-Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Table 79: Indonesian Individual Non-Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Table 80: Indonesian Individual Non-Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Table 81: Indonesian Group Single-premium Policies – Number of Active Policies (Thousand), 2007–2011
Table 82: Indonesian Group Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Table 83: Indonesian Group Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Table 84: Indonesian Group Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Table 85: Indonesian Group Non-Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Table 86: Indonesian Group Non-Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Table 87: Indonesian Group Non-Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Table 88: Indonesian Group Non-Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Table 89: Indonesian Life Insurance – Direct Marketing Commission Paid (IDR Billion), 2007–2011
Table 90: Indonesian Life Insurance – Direct Marketing Commission Paid (IDR Billion), 2011–2016
Table 91: Indonesian Life Insurance – New Business Written Premium Through Direct Marketing (IDR Billion), 2007–2011
Table 92: Indonesian Life Insurance – New Business Written Premium Through Direct Marketing (IDR Billion), 2011–2016
Table 93: Indonesian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2007–2011
Table 94: Indonesian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 95: Indonesian Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 96: Indonesian Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 97: Indonesian Life Insurance – Bancassurance Commission Paid (IDR Billion), 2007–2011
Table 98: Indonesian Life Insurance – Bancassurance Commission Paid (IDR Billion), 2011–2016
Table 99: Indonesian Life Insurance – New Business Written Premium Through Bancassurance (IDR Billion), 2007–2011
Table 100: Indonesian Life Insurance – New Business Written Premium Through Bancassurance (IDR Billion), 2011–2016
Table 101: Indonesian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 102: Indonesian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 103: Indonesian Life Insurance – Number of Bancassurance Distributors, 2007–2011
Table 104: Indonesian Life Insurance – Number of Bancassurance Distributors, 2011–2016
Table 105: Indonesian Life Insurance – Commission Paid to Agencies (IDR Billion), 2007–2011
Table 106: Indonesian Life Insurance – Commission Paid to Agencies (IDR Billion), 2011–2016
Table 107: Indonesian Life Insurance – New Business Written Premium Through Agencies (IDR Billion), 2007–2011
Table 108: Indonesian Life Insurance – New Business Written Premium Through Agencies (IDR Billion), 2011–2016
Table 109: Indonesian Life Insurance – New Policies Sold Through Agencies (Thousand), 2007–2011
Table 110: Indonesian Life Insurance – New Policies Sold Through Agencies (Thousand), 2011–2016
Table 111: Indonesian Life Insurance – Number of Agencies, 2007–2011
Table 112: Indonesian Life Insurance – Number of Agencies, 2011–2016
Table 113: Indonesian Life Insurance – E-Commerce Commission Paid (IDR Billion), 2007–2011
Table 114: Indonesian Life Insurance – E-Commerce Commission Paid (IDR Billion), 2011–2016
Table 115: Indonesian Life Insurance – New Business Written Premium Through E-Commerce (IDR Billion), 2007–2011
Table 116: Indonesian Life Insurance – New Business Written Premium Through E-Commerce (IDR Billion), 2011–2016
Table 117: Indonesian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2007–2011
Table 118: Indonesian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2011–2016
Table 119: Indonesian Life Insurance – Number of E-Commerce Distributors, 2007–2011
Table 120: Indonesian Life Insurance – Number of E-Commerce Distributors, 2011–2016
Table 121: Indonesian Life Insurance – Commission Paid to Brokers (IDR Billion), 2007–2011
Table 122: Indonesian Life Insurance – Commission Paid to Brokers (IDR Billion), 2011–2016
Table 123: Indonesian Life Insurance – New Business Written Premium Through Brokers (IDR Billion), 2007–2011
Table 124: Indonesian Life Insurance – New Business Written Premium Through Brokers (IDR Billion), 2011–2016
Table 125: Indonesian Life Insurance – New Policies Sold Through Brokers (Thousand), 2007–2011
Table 126: Indonesian Life Insurance – New Policies Sold Through Brokers (Thousand), 2011–2016
Table 127: Indonesian Life Insurance – Number of Brokers, 2007–2011
Table 128: Indonesian Life Insurance – Number of Brokers, 2011–2016
Table 129: Indonesian Life Insurance – Commission Paid to Other Channels (IDR Billion), 2007–2011
Table 130: Indonesian Life Insurance – Commission Paid to Other Channels (IDR Billion), 2011–2016
Table 131: Indonesian Life Insurance – New Business Written Premium Through Other Channels (IDR Billion), 2007–2011
Table 132: Indonesian Life Insurance – New Business Written Premium Through Other Channels (IDR Billion), 2011–2016
Table 133: Indonesian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2007–2011
Table 134: Indonesian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2011–2016
Table 135: Indonesian Life Insurance – Number of Distributors in Other Channels, 2007–2011
Table 136: Indonesian Life Insurance – Number of Distributors in Other Channels, 2011–2016
Table 137: Indonesian Reinsurance Market by Category (IDR Billion), 2007–2011
Table 138: Indonesian Reinsurance Market by Category (US$ Billion), 2007–2011
Table 139: Indonesian Reinsurance Market by Category (IDR Billion), 2011–2016
Table 140: Indonesian Reinsurance Market by Category (US$ Billion), 2011–2016
Table 141: Premium Ceded to Reinsurance in Indonesia by Type of Insurance (IDR Billion), 2007–2011
Table 142: Premium Ceded to Reinsurance in Indonesia by Type of Insurance (US$ Billion), 2007–2011
Table 143: Premium Ceded to Reinsurance in Indonesia by Type of Insurance (IDR Billion), 2011–2016
Table 144: Premium Ceded to Reinsurance in Indonesia by Type of Insurance (US$ Billion), 2011–2016
Table 145: Indonesian Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 146: Indonesian Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 147: Life Insurance Market Share (%), 2007 and 2010
Table 148: PT Prudential Life Assurance, Key Facts
Table 149: PT Prudential Life Assurance, Key Financials (IDR Million)
Table 150: PT Asuransi Sinar Mas, Key Facts
Table 151: PT Asuransi Sinar Mas, Key Financials (IDR Million)
Table 152: PT Asuransi Jiwa Mega Life, Key Facts
Table 153: PT Asuransi Allianz Life Indonesia, Key Facts
Table 154: PT Asuransi Allianz Life Indonesia, Key Financials (IDR Million)
Table 155: PT Asuransi Jiwa Manulife Indonesia, Key Facts
Table 156: PT Asuransi Jiwa Manulife Indonesia, Key Financials (IDR Million)
Table 157: PT. Asuransi Jiwasraya (Persero), Key Facts
Table 158: PT. Asuransi Jiwasraya, Key Financials (IDR Million)
Table 159: PT AIA Financial ( d/h AIG), Key Facts
Table 160: PT AIA Financial, Key Financials (IDR Million)
Table 161: PT Axa Mandiri Financial Services, Key Facts
Table 162: PT Axa Mandiri Financial Services, Key Financials (IDR Million)

List of figures

Figure 1: Indonesian Insurance Overall Written Premium by Segment (IDR Billion), 2007–2016
Figure 2: Indonesian Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Indonesian Life Insurance Written Premium by Category (IDR Billion), 2007–2016
Figure 4: Indonesian Life Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Indonesian Life Insurance Market Dynamics by Category, 2007–2016
Figure 6: Indonesian Life Insurance – Earned Premium (IDR Billion), 2007–2011
Figure 7: Indonesian Life Insurance – Earned Premium (IDR Billion), 2011–2016
Figure 8: Indonesian Life Insurance – Sum Assured (IDR Trillion), 2007–2011
Figure 9: Indonesian Life Insurance – Sum Assured (IDR Trillion), 2011–2016
Figure 10: Indonesian Life Insurance – Paid Claims (IDR Billion), 2007–2011
Figure 11: Indonesian Life Insurance – Paid Claims (IDR Billion), 2011–2016
Figure 12: Indonesian Life Insurance – Incurred Loss (IDR Billion), 2007–2011
Figure 13: Indonesian Life Insurance – Incurred Loss (IDR Billion), 2011–2016
Figure 14: Indonesian Life Insurance – Loss Ratio (%), 2007–2011
Figure 15: Indonesian Life Insurance – Loss Ratio (%), 2011–2016
Figure 16: Indonesian Life Insurance – Commissions and Expenses (IDR Billion), 2007–2011
Figure 17: Indonesian Life Insurance – Commissions and Expenses (IDR Billion), 2011–2016
Figure 18: Indonesian Life Insurance – Combined Ratio (%), 2007–2011
Figure 19: Indonesian Life Insurance – Combined Ratio (%), 2011–2016
Figure 20: Indonesian Life Insurance – Frauds and Crimes (IDR Billion), 2007–2011
Figure 21: Indonesian Life Insurance – Frauds and Crimes (IDR Billion), 2011–2016
Figure 22: Indonesian Life Insurance – Total Assets (IDR Billion), 2007–2011
Figure 23: Indonesian Life Insurance – Total Assets (IDR Billion), 2011–2016
Figure 24: Indonesian Life Insurance – Total Investment Income (IDR Billion), 2007–2011
Figure 25: Indonesian Life Insurance – Total Investment Income (IDR Billion), 2011–2016
Figure 26: Indonesian Life Insurance – Retentions (IDR Billion), 2007–2011
Figure 27: Indonesian Life Insurance – Retentions (IDR Billion), 2011–2016
Figure 28: Indonesian Life Insurance – Investment Portfolio (IDR Billion), 2007–2011
Figure 29: Indonesian Life Insurance – Investment Portfolio, 2007 and 2011
Figure 30: Indonesian Life Insurance Penetration (% of GDP), 2007–2011
Figure 31: Indonesian Life Insurance Density (Number of Policies per Capita), 2007–2011
Figure 32: Indonesian Life Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 33: Indonesian Life Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 34: Indonesian Life Insurance – Premium Per-capita (IDR), 2007–2011
Figure 35: Indonesian Individual Life Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 36: Indonesian Individual Life Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 37: Indonesian Individual Life Insurance – Written Premium (IDR Billion), 2007–2011
Figure 38: Indonesian Individual Life Insurance – Written Premium (IDR Billion), 2011–2016
Figure 39: Indonesian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 40: Indonesian Individual General Annuity Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 41: Indonesian Individual General Annuity Insurance – Written Premium (IDR Billion), 2007–2011
Figure 42: Indonesian Individual General Annuity Insurance – Written Premium (IDR Billion), 2011–2016
Figure 43: Indonesian Individual Pension Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 44: Indonesian Individual Pension Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 45: Indonesian Individual Pension Insurance – Written Premium (IDR Billion), 2007–2011
Figure 46: Indonesian Individual Pension Insurance – Written Premium (IDR Billion), 2011–2016
Figure 47: Indonesian Individual Endowment Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 48: Indonesian Individual Endowment Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 49: Indonesian Individual Endowment Insurance – Written Premium (IDR Billion), 2007–2011
Figure 50: Indonesian Individual Endowment Insurance – Written Premium (IDR Billion), 2011–2016
Figure 51: Indonesian Individual Unit-linked Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 52: Indonesian Individual Unit-linked Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 53: Indonesian Individual Unit-linked Insurance – Written Premium (IDR Billion), 2007–2011
Figure 54: Indonesian Individual Unit-linked Insurance – Written Premium (IDR Billion), 2011–2016
Figure 55: Indonesian Individual Term Life Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 56: Indonesian Individual Term Life Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 57: Indonesian Individual Term Life Insurance – Written Premium (IDR Billion), 2007–2011
Figure 58: Indonesian Individual Term Life Insurance – Written Premium (IDR Billion), 2011–2016
Figure 59: Indonesian Other Individual Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 60: Indonesian Other Individual Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 61: Indonesian Other Individual Insurance – Written Premium (IDR Billion), 2007–2011
Figure 62: Indonesian Other Individual Insurance – Written Premium (IDR Billion), 2011–2016
Figure 63: Indonesian Group Life Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 64: Indonesian Group Life Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 65: Indonesian Group Life Insurance – Written Premium (IDR Billion), 2007–2011
Figure 66: Indonesian Group Life Insurance – Written Premium (IDR Billion), 2011–2016
Figure 67: Indonesian Group Superannuation Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 68: Indonesian Group Superannuation Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 69: Indonesian Group Superannuation Insurance – Written Premium (IDR Billion), 2007–2011
Figure 70: Indonesian Group Superannuation Insurance – Written Premium (IDR Billion), 2011–2016
Figure 71: Indonesian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2007–2011
Figure 72: Indonesian Group Unit-Linked Insurance – Number of Active Policies (Thousand), 2011–2016
Figure 73: Indonesian Group Unit-Linked Insurance – Written Premium (IDR Billion), 2007–2011
Figure 74: Indonesian Group Unit-Linked Insurance – Written Premium (IDR Billion), 2011–2016
Figure 75: Indonesian Individual Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Figure 76: Indonesian Individual Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Figure 77: Indonesian Individual Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Figure 78: Indonesian Individual Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Figure 79: Indonesian Individual Non-Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Figure 80: Indonesian Individual Non-Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Figure 81: Indonesian Individual Non-Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Figure 82: Indonesian Individual Non-Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Figure 83: Indonesian Group Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Figure 84: Indonesian Group Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Figure 85: Indonesian Group Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Figure 86: Indonesian Group Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Figure 87: Indonesian Group Non-Single-Premium Policies – Number of Active Policies (Thousand), 2007–2011
Figure 88: Indonesian Group Non-Single-Premium Policies – Number of Active Policies (Thousand), 2011–2016
Figure 89: Indonesian Group Non-Single-Premium Policies – Written Premium (IDR Billion), 2007–2011
Figure 90: Indonesian Group Non-Single-Premium Policies – Written Premium (IDR Billion), 2011–2016
Figure 91: Indonesian Life Insurance – New Business Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 92: Indonesian Life Insurance – Direct Marketing Commission Paid (IDR Billion), 2007–2011
Figure 93: Indonesian Life Insurance – Direct Marketing Commission Paid (IDR Billion), 2011–2016
Figure 94: Indonesian Life Insurance – New Business Written Premium Through Direct Marketing (IDR Billion), 2007–2011
Figure 95: Indonesian Life Insurance – New Business Written Premium Through Direct Marketing (IDR Billion), 2011–2016
Figure 96: Indonesian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 97: Indonesian Life Insurance – New Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 98: Indonesian Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 99: Indonesian Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 100: Indonesian Life Insurance – Bancassurance Commission Paid (IDR Billion), 2007–2011
Figure 101: Indonesian Life Insurance – Bancassurance Commission Paid (IDR Billion), 2011–2016
Figure 102: Indonesian Life Insurance – New Business Written Premium Through Bancassurance (IDR Billion), 2007–2011
Figure 103: Indonesian Life Insurance – New Business Written Premium Through Bancassurance (IDR Billion), 2011–2016
Figure 104: Indonesian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 105: Indonesian Life Insurance – New Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 106: Indonesian Life Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 107: Indonesian Life Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 108: Indonesian Life Insurance – Commission Paid to Agencies (IDR Billion), 2007–2011
Figure 109: Indonesian Life Insurance – Commission Paid to Agencies (IDR Billion), 2011–2016
Figure 110: Indonesian Life Insurance – New Business Written Premium Through Agencies (IDR Billion), 2007–2011
Figure 111: Indonesian Life Insurance – New Business Written Premium Through Agencies (IDR Billion), 2011–2016
Figure 112: Indonesian Life Insurance – New Policies Sold Through Agencies (Thousand), 2007–2011
Figure 113: Indonesian Life Insurance – New Policies Sold Through Agencies (Thousand), 2011–2016
Figure 114: Indonesian Life Insurance – Number of Agencies, 2007–2011
Figure 115: Indonesian Life Insurance – Number of Agencies, 2011–2016
Figure 116: Indonesian Life Insurance – E-Commerce Commission Paid (IDR Billion), 2007–2011
Figure 117: Indonesian Life Insurance – E-Commerce Commission Paid (IDR Billion), 2011–2016
Figure 118: Indonesian Life Insurance – New Business Written Premium Through E-Commerce (IDR Billion), 2007–2011
Figure 119: Indonesian Life Insurance – New Business Written Premium Through E-Commerce (IDR Billion), 2011–2016
Figure 120: Indonesian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2007–2011
Figure 121: Indonesian Life Insurance – New Policies Sold Through E-Commerce (Thousand), 2011–2016
Figure 122: Indonesian Life Insurance – Number of E-Commerce Distributors, 2007–2011
Figure 123: Indonesian Life Insurance – Number of E-Commerce Distributors, 2011–2016
Figure 124: Indonesian Life Insurance – Commission Paid to Brokers (IDR Billion), 2007–2011
Figure 125: Indonesian Life Insurance – Commission Paid to Brokers (IDR Billion), 2011–2016
Figure 126: Indonesian Life Insurance – New Business Written Premium Through Brokers (IDR Billion), 2007–2011
Figure 127: Indonesian Life Insurance – New Business Written Premium Through Brokers (IDR Billion), 2011–2016
Figure 128: Indonesian Life Insurance – New Policies Sold Through Brokers (Thousand), 2007–2011
Figure 129: Indonesian Life Insurance – New Policies Sold Through Brokers (Thousand), 2011–2016
Figure 130: Indonesian Life Insurance – Number of Brokers, 2007–2011
Figure 131: Indonesian Life Insurance – Number of Brokers, 2011–2016
Figure 132: Indonesian Life Insurance – Commission Paid to Other Channels (IDR Billion), 2007–2011
Figure 133: Indonesian Life Insurance – Commission Paid to Other Channels (IDR Billion), 2011–2016
Figure 134: Indonesian Life Insurance – New Business Written Premium Through Other Channels (IDR Billion), 2007–2011
Figure 135: Indonesian Life Insurance – New Business Written Premium Through Other Channels (IDR Billion), 2011–2016
Figure 136: Indonesian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 137: Indonesian Life Insurance – New Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 138: Indonesian Life Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 139: Indonesian Life Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 140: Indonesian Indonesia Life Insurance – Five Forces Analysis
Figure 141: Premium Ceded to Reinsurance in Indonesia by Category (IDR Billion), 2007–2016
Figure 142: Premium Ceded to Reinsurance in Indonesia by Category (% Share), 2011 and 2016
Figure 143: Indonesian Reinsurance Market Dynamics by Category, 2007–2016
Figure 144: Premium Ceded to Reinsurance in Indonesia by Type of Insurance (IDR Billion), 2007–2016
Figure 145: Reinsurance Market Dynamics in Indonesia by Type of Insurance, 2007–2016
Figure 146: Indonesian Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 147: Indonesian Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 148: : Life Insurance Share (%), 2007 and 2010
Figure 149: Indonesian Business Confidence Indicator, Q1 2008–Q4 2011
Figure 150: Indonesian Stock Exchange Market Capitalization (US$ Billion), 2007–2011
Figure 151: Indonesian GDP at Constant Prices (US$ Billion), 2007–2011
Figure 152: Indonesian GDP Per Capita at Constant Prices (US$), 2007–2011
Figure 153: Indonesian GDP at Current Prices (US$ Billion), 2007–2011
Figure 154: Indonesian GDP Per Capita at Current Prices (US$), 2007–2011
Figure 155: Indonesian GDP by Key Segments (%) 2009 and 2011
Figure 156: Indonesian Agricultural Net Output at Current Prices (IDR Billion), 2007–2011
Figure 157: Indonesian Agricultural Net Output at Current Prices (US$ Billion), 2007–2011
Figure 158: Indonesian Agricultural Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 159: Indonesian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 160: Indonesian Mining, Manufacturing and Utilities Net Output at Current Prices (IDR Billion), 2007–2011
Figure 161: Indonesian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2011
Figure 162: Indonesian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007–2011
Figure 163: Indonesian Construction Net Output at Current Prices (IDR Billion), 2007–2011
Figure 164: Indonesian Construction Net Output at Current Prices (US$ Billion), 2007– 2011
Figure 165: Indonesian Construction Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 166: Indonesian Inflation Rate (%), 2007–2011
Figure 167: Indonesian Current Account Balance as a Percentage of GDP(%), 2007–2011
Figure 168: Indonesian Exports as a Percentage of GDP (%), 2007–2011
Figure 169: Indonesian Imports as a Percentage of GDP (%), 2007–2011
Figure 170: Indonesian Exports Growth (%), 2007–2011
Figure 171: Indonesian Imports Growth (%), 2007–2011
Figure 172: Indonesian Annual Average Exchange Rate US$–IDR, 2007–2011
Figure 173: Indonesian End-of-Period Exchange Rate US$–IDR, 2007–2011
Figure 174: Total Number of Indonesian Airports and Sea Ports, 2011
Figure 175: Indonesian Railways and Roadways (Kilometers), 2011
Figure 176: Indonesia Passenger Vehicle Production, 2007–2011
Figure 177: Indonesian Commercial Vehicle Production, 2007–2011
Figure 178: Indonesian Automotive Component Exports (US$ Billion), 2007–2011
Figure 179: Indonesian Automotive Component Imports (US$ Billion), 2007–2011
Figure 180: Indonesian Passenger Car Penetration (per Thousand People), 2007–2011
Figure 181: Indonesia Healthcare Expenditure (US$ Billion), 2007–2011
Figure 182: Indonesian Healthcare Expenditure as a Percentage of GDP (%), 2007–2011
Figure 183: Indonesian Per Capita Healthcare Expenditure (US$), 2007–2011
Figure 184: Indonesian Internet Subscriptions (Millions), 2007–2011
Figure 185: Indonesian Labor Force in the 15–59 Age Group (Million), 2007–2011
Figure 186: Indonesian Unemployment Rate (%), 2007–2011
Figure 187: Indonesian Annual Disposable Income (US$ Billion), 2007–2011
Figure 188: Indonesian Annual Per Capita Disposable Income (US$), 2007–2011
Figure 189: Indonesian Total Population (Million), 2007–2011
Figure 190: Indonesian Urban and Rural Populations (%), 2007–2011
Figure 191: Indonesian Female as Percentage of the Population (%), 2007–2011
Figure 192: Indonesian Males as a Percentage of the Population (%), 2007–2011
Figure 193: Indonesian Mean Age of Population (Year), 2007–2011
Figure 194: Indonesian Median Age of Population (Year), 2007–2011
Figure 195: Indonesian Population Density (per Square Kilometer), 2007–2011
Figure 196: Indonesian Population Distribution by Age (%), 2007–2011
Figure 197: Indonesian Male Population Distribution by Age (%), 2007–2011
Figure 198: Indonesian Female Population Distribution by Age (%), 2007–2011
Figure 199: Indonesian Households, Number of (Million), 2007–2011
Figure 200: Global Terrorism Heat Map, 2011
Figure 201: Indonesia Transparency Index, 2007–2011