Overview:

Life Insurance: Advanced Emerging Markets (Brazil, Hungary, Mexico, Poland, South Africa, Taiwan) Industry Guide is an essential resource for top-level data and analysis covering the Life Insurance industry in Brazil, Hungary, Mexico, Poland, South Africa, and Taiwan. The report includes easily comparable data on market value, volume, segmentation and market share for the advanced emerging markets life insurance markets, plus full five-year market forecasts. It examines future problems, innovations and potential growth areas within the market.
 
 
 Scope of the Report
 
 * Contains an executive summary and data on value, volume and segmentation
 
 * Provides textual analysis of the industry's prospects, competitive landscape and profiles of the leading companies
 
 * Incorporates in-depth five forces competitive environment analysis and scorecards
 
 * Compares data from Brazil, Hungary, Mexico, Poland, South Africa and Taiwan, alongside individual chapters on each country. .
 
 * Includes a five-year forecast of the industry
 
 Highlights
 
 The advanced emerging market countries contributed $118.1 billion to the global life insurance industry in 2008, with a CAGR of 13.9% between 2004 and 2008.
 
 These countries are expected to reach a value of $151.1 billion in 2013, with a CAGR of 5.1% over the 2008–13 period.
 
 Taiwan is the leading country in the life insurance industry, with market revenues of $52.7 billion in 2008.
 
 Why you should buy this report
 
 * Spot future trends and developments
 
 * Inform your business decisions
 
 * Add weight to presentations and marketing materials
 
 * Save time carrying out entry-level research
 
 Market Definition
 
 In this report, the value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2008 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict.
 
 The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as GDP, population growth and long-term interest rates.

CHAPTER 1 INTRODUCTION 15
1.1 What is this report about? 15
1.2 Who is the target reader? 15
1.3 How to use this report 15
1.4 Definitions 16
 

CHAPTER 2 ADVANCED EMERGING MARKETS LIFE INSURANCE INDUSTRY OUTLOOK 17
 

CHAPTER 3 LIFE INSURANCE IN BRAZIL 24
3.1 Market Overview 24
3.2 Market Value 26
3.3 Market Segmentation I 27
3.4 Market Segmentation II 28
3.5 Market Share 29
3.6 Five Forces Analysis 30
3.7 Leading Companies 39
3.8 Market Forecasts 44
3.9 Macroeconomic Indicators 45
 

CHAPTER 4 LIFE INSURANCE IN HUNGARY 47
4.1 Market Overview 47
4.2 Market Value 49
4.3 Market Segmentation I 50
4.4 Market Segmentation II 51
4.5 Market Share 52
4.6 Five Forces Analysis 53
4.7 Leading Companies 63
4.8 Market Forecasts 78
4.9 Macroeconomic Indicators 79
 

CHAPTER 5 LIFE INSURANCE IN MEXICO 81
5.1 Market Overview 81
5.2 Market Value 83
5.3 Market Segmentation I 84
5.4 Market Segmentation II 85
5.5 Market Share 86
5.6 Five Forces Analysis 87
5.7 Leading Companies 97
5.8 Market Forecasts 103
5.9 Macroeconomic Indicators 104
 

CHAPTER 6 LIFE INSURANCE IN POLAND 106
6.1 Market Overview 106
6.2 Market Value 108
6.3 Market Segmentation I 109
6.4 Market Segmentation II 110
6.5 Market Share 111
6.6 Five Forces Analysis 112
6.7 Leading Companies 122
6.8 Market Forecasts 128
6.9 Macroeconomic Indicators 129
 

CHAPTER 7 LIFE INSURANCE IN SOUTH AFRICA 131
7.1 Market Overview 131
7.2 Market Value 133
7.3 Market Segmentation 134
7.4 Market Share 135
7.5 Five Forces Analysis 136
7.6 Leading Companies 146
7.7 Market Forecasts 154
7.8 Macroeconomic Indicators 155
 

CHAPTER 8 LIFE INSURANCE IN TAIWAN 157
8.1 Market Overview 157
8.2 Market Value 159
8.3 Market Segmentation I 160
8.4 Market Segmentation II 161
8.5 Market Share 162
8.6 Five Forces Analysis 163
8.7 Leading Companies 172
8.8 Market Forecasts 178
8.9 Macroeconomic Indicators 179
 

CHAPTER 9 APPENDIX 181
9.1 Data Research Methodology 181

 

LIST OF TABLES
Table 1: Advanced emerging markets life insurance industry, revenue ($bn), 2004–13 18
Table 2: Advanced emerging markets life insurance industry, revenue by country ($bn), 2004–08 21
Table 3: Advanced emerging markets life insurance industry forecast, revenue by country ($bn), 2008–13 23
Table 4: Brazil Life Insurance Market Value: $ billion, 2004-2008 26
Table 5: Brazil Life Insurance Market Segmentation I: % Share, by Value, 2008 27
Table 6: Brazil Life Insurance Market Segmentation II: % Share, by Value, 2008 28
Table 7: Brazil Life Insurance Market Share: % Share, by Value, 2008 29
Table 8: Key Facts: Banco Bradesco S.A. 39
Table 9: Key Financials: Banco Bradesco S.A. 40
Table 10: Key Facts: Itaú Vida e Previdência S.A. 41
Table 11: Key Financials: Itaú Vida e Previdência S.A. 42
Table 12: Key Facts: Brasilprev Seguros e Previdência S/A 43
Table 13: Brazil Life Insurance Market Value Forecast: $ billion, 2008-2013 44
Table 14: Brazil Size of Population (million) , 2004-2008 45
Table 15: Brazil GDP (Constant 2000 Prices, $ billion), 2004-2008 45
Table 16: Brazil Inflation, 2004-2008 46
Table 17: Brazil Exchange Rate, 2004-2008 46
Table 18: Hungary Life Insurance Market Value: $ million, 2004-2008 49
Table 19: Hungary Life Insurance Market Segmentation I: % Share, by Value, 2008 50
Table 20: Hungary Life Insurance Market Segmentation II: % Share, by Value, 2008 51
Table 21: Hungary Life Insurance Market Share: % Share, by Value, 2008 52
Table 22: Key Facts: ING Groep N.V. 63
Table 23: Key Financials: ING Groep N.V. 66
Table 24: Key Facts: Generali Deutschland Holding AG 67
Table 25: Key Financials: Generali Deutschland Holding AG 69
Table 26: Key Facts: AEGON N.V. 71
Table 27: Key Financials: AEGON N.V. 73
Table 28: Key Facts: Allianz SE 75
Table 29: Key Financials: Allianz SE 77
Table 30: Hungary Life Insurance Market Value Forecast: $ million, 2008-2013 78
Table 31: Hungary Size of Population (million) , 2004-2008 79
Table 32: Hungary GDP (Constant 2000 Prices, $ billion), 2004-2008 79
Table 33: Hungary Inflation, 2004-2008 80
Table 34: Hungary Exchange Rate, 2004-2008 80
Table 35: Mexico Life Insurance Market Value: $ billion, 2004-2008 83
Table 36: Mexico Life Insurance Market Segmentation I: % Share, by Value, 2008 84
Table 37: Mexico Life Insurance Market Segmentation II: % Share, by Value, 2008 85
Table 38: Mexico Life Insurance Market Share: % Share, by Value, 2008 86
Table 39: Key Facts: MetLife Mexico, S.A. 97
Table 40: Key Financials: MetLife Mexico, S.A. 98
Table 41: Key Facts: BBVA Bancomer 99
Table 42: Key Financials: BBVA Bancomer 100
Table 43: Key Facts: Grupo Nacional Provincial SA 101
Table 44: Key Financials: Grupo Nacional Provincial SA 102
Table 45: Mexico Life Insurance Market Value Forecast: $ billion, 2008-2013 103
Table 46: Mexico Size of Population (million) , 2004-2008 104
Table 47: Mexico GDP (Constant 2000 Prices, $ billion), 2004-2008 104
Table 48: Mexico Inflation, 2004-2008 105
Table 49: Mexico Exchange Rate, 2004-2008 105
Table 50: Poland Life Insurance Market Value: $ billion, 2004-2008 108
Table 51: Poland Life Insurance Market Segmentation I: % Share, by Value, 2008 109
Table 52: Poland Life Insurance Market Segmentation II: % Share, by Value, 2008 110
Table 53: Poland Life Insurance Market Share: % Share, by Value, 2008 111
Table 54: Key Facts: PZU Group 122
Table 55: Key Financials: PZU Group 123
Table 56: Key Facts: ING Groep N.V. 124
Table 57: Key Financials: ING Groep N.V. 127
Table 58: Poland Life Insurance Market Value Forecast: $ billion, 2008-2013 128
Table 59: Poland Size of Population (million) , 2004-2008 129
Table 60: Poland GDP (Constant 2000 Prices, $ billion), 2004-2008 129
Table 61: Poland Inflation, 2004-2008 130
Table 62: Poland Exchange Rate, 2004-2008 130
Table 63: South Africa Life Insurance Market Value: $ billion, 2004-2008 133
Table 64: South Africa Life Insurance Market Segmentation: % Share, by Value, 2008 134
Table 65: South Africa Life Insurance Market Share: % Share, by Value, 2008 135
Table 66: Key Facts: Liberty Group Limited 146
Table 67: Key Financials: Liberty Group Limited 148
Table 68: Key Facts: Old Mutual 149
Table 69: Key Financials: Old Mutual 150
Table 70: Key Facts: Momentum Group 151
Table 71: Key Facts: Sanlam Limited 152
Table 72: South Africa Life Insurance Market Value Forecast: $ billion, 2008-2013 154
Table 73: South Africa Size of Population (million) , 2004-2008 155
Table 74: South Africa GDP (Constant 2000 Prices, $ billion), 2004-2008 155
Table 75: South Africa Inflation, 2004-2008 156
Table 76: South Africa Exchange Rate, 2004-2008 156
Table 77: Taiwan Life Insurance Market Value: $ billion, 2004-2008 159
Table 78: Taiwan Life Insurance Market Segmentation I: % Share, by Value, 2008 160
Table 79: Taiwan Life Insurance Market Segmentation II: % Share, by Value, 2008 161
Table 80: Taiwan Life Insurance Market Share: % Share, by Value, 2008 162
Table 81: Key Facts: Cathay Life Insurance Co., Ltd. 172
Table 82: Key Facts: Shin kong Insurance Company., Ltd. 175
Table 83: Key Facts: Nan Shan Life Insurance Co., Ltd. 176
Table 84: Key Facts: Chungwa Post Co., Ltd. Life Insurance Dipt. 177
Table 85: Taiwan Life Insurance Market Value Forecast: $ billion, 2008-2013 178
Table 86: Taiwan Size of Population (million) , 2004-2008 179
Table 87: Taiwan GDP (Constant 2000 Prices, $ billion), 2004-2008 179
Table 88: Taiwan Inflation, 2004-2008 180
Table 89: Taiwan Exchange Rate, 2004-2008 180

 

LIST OF FIGURES
Figure 1: Advanced emerging markets life insurance industry, revenue ($bn), 2004–13 17
Figure 2: Advanced emerging markets life insurance industry, country analysis (%), 2004–13 19
Figure 3: Advanced emerging markets life insurance industry, revenue by country ($bn), 2004–08 20
Figure 4: Advanced emerging markets life insurance industry forecast, revenue by country ($bn), 2008–13 22
Figure 5: Brazil Life Insurance Market Value: $ billion, 2004-2008 26
Figure 6: Brazil Life Insurance Market Segmentation I: % Share, by Value, 2008 27
Figure 7: Brazil Life Insurance Market Segmentation II: % Share, by Value, 2008 28
Figure 8: Brazil Life Insurance Market Share: % Share, by Value, 2008 29
Figure 9: Forces Driving Competition in the Life Insurance Market in Brazil, 2008 30
Figure 10: Drivers of Buyer Power in the Life Insurance Market in Brazil, 2008 32
Figure 11: Drivers of Supplier Power in the Life Insurance Market in Brazil, 2008 34
Figure 12: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Brazil, 2008 35
Figure 13: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Brazil, 2008 37
Figure 14: Drivers of Degree of Rivalry in the Life Insurance Market in Brazil, 2008 38
Figure 15: Revenues & Profitability: Banco Bradesco S.A. 40
Figure 16: Revenues & Profitability: Itaú Vida e Previdência S.A. 42
Figure 17: Brazil Life Insurance Market Value Forecast: $ billion, 2008-2013 44
Figure 18: Hungary Life Insurance Market Value: $ million, 2004-2008 49
Figure 19: Hungary Life Insurance Market Segmentation I: % Share, by Value, 2008 50
Figure 20: Hungary Life Insurance Market Segmentation II: % Share, by Value, 2008 51
Figure 21: Hungary Life Insurance Market Share: % Share, by Value, 2008 52
Figure 22: Forces Driving Competition in the Life Insurance Market in Hungary, 2008 53
Figure 23: Drivers of Buyer Power in the Life Insurance Market in Hungary, 2008 55
Figure 24: Drivers of Supplier Power in the Life Insurance Market in Hungary, 2008 57
Figure 25: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Hungary, 2008 58
Figure 26: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Hungary, 2008 60
Figure 27: Drivers of Degree of Rivalry in the Life Insurance Market in Hungary, 2008 61
Figure 28: Revenues & Profitability: ING Groep N.V. 66
Figure 29: Revenues & Profitability: Generali Deutschland Holding AG 70
Figure 30: Revenues & Profitability: AEGON N.V. 74
Figure 31: Revenues & Profitability: Allianz SE 77
Figure 32: Hungary Life Insurance Market Value Forecast: $ million, 2008-2013 78
Figure 33: Mexico Life Insurance Market Value: $ billion, 2004-2008 83
Figure 34: Mexico Life Insurance Market Segmentation I: % Share, by Value, 2008 84
Figure 35: Mexico Life Insurance Market Segmentation II: % Share, by Value, 2008 85
Figure 36: Mexico Life Insurance Market Share: % Share, by Value, 2008 86
Figure 37: Forces Driving Competition in the Life Insurance Market in Mexico, 2008 87
Figure 38: Drivers of Buyer Power in the Life Insurance Market in Mexico, 2008 89
Figure 39: Drivers of Supplier Power in the Life Insurance Market in Mexico, 2008 91
Figure 40: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Mexico, 2008 92
Figure 41: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Mexico, 2008 94
Figure 42: Drivers of Degree of Rivalry in the Life Insurance Market in Mexico, 2008 95
Figure 43: Revenues & Profitability: MetLife Mexico, S.A. 98
Figure 44: Revenues & Profitability: BBVA Bancomer 100
Figure 45: Revenues & Profitability: Grupo Nacional Provincial SA 102
Figure 46: Mexico Life Insurance Market Value Forecast: $ billion, 2008-2013 103
Figure 47: Poland Life Insurance Market Value: $ billion, 2004-2008 108
Figure 48: Poland Life Insurance Market Segmentation I: % Share, by Value, 2008 109
Figure 49: Poland Life Insurance Market Segmentation II: % Share, by Value, 2008 110
Figure 50: Poland Life Insurance Market Share: % Share, by Value, 2008 111
Figure 51: Forces Driving Competition in the Life Insurance Market in Poland, 2008 112
Figure 52: Drivers of Buyer Power in the Life Insurance Market in Poland, 2008 114
Figure 53: Drivers of Supplier Power in the Life Insurance Market in Poland, 2008 116
Figure 54: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Poland, 2008 117
Figure 55: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Poland, 2008 119
Figure 56: Drivers of Degree of Rivalry in the Life Insurance Market in Poland, 2008 120
Figure 57: Revenues & Profitability: PZU Group 123
Figure 58: Revenues & Profitability: ING Groep N.V. 127
Figure 59: Poland Life Insurance Market Value Forecast: $ billion, 2008-2013 128
Figure 60: South Africa Life Insurance Market Value: $ billion, 2004-2008 133
Figure 61: South Africa Life Insurance Market Segmentation: % Share, by Value, 2008 134
Figure 62: South Africa Life Insurance Market Share: % Share, by Value, 2008 135
Figure 63: Forces Driving Competition in the Life Insurance Market in South Africa, 2008 136
Figure 64: Drivers of Buyer Power in the the Life Insurance Market in South Africa, 2008 138
Figure 65: Drivers of Supplier Power in the the Life Insurance Market in South Africa, 2008 140
Figure 66: Factors Influencing the Likelihood of New Entrants in the the Life Insurance Market in South Africa, 2008 141
Figure 67: Factors Influencing the Threat of Substitutes in the the Life Insurance Market in South Africa, 2008 143
Figure 68: Drivers of Degree of Rivalry in the the Life Insurance Market in South Africa, 2008 144
Figure 69: Revenues & Profitability: Liberty Group Limited 148
Figure 70: Revenues & Profitability: Old Mutual 150
Figure 71: South Africa Life Insurance Market Value Forecast: $ billion, 2008-2013 154
Figure 72: Taiwan Life Insurance Market Value: $ billion, 2004-2008 159
Figure 73: Taiwan Life Insurance Market Segmentation I: % Share, by Value, 2008 160
Figure 74: Taiwan Life Insurance Market Segmentation II: % Share, by Value, 2008 161
Figure 75: Taiwan Life Insurance Market Share: % Share, by Value, 2008 162
Figure 76: Forces Driving Competition in the Life Insurance Market in Taiwan, 2008 163
Figure 77: Drivers of Buyer Power in the Life Insurance Market in Taiwan, 2008 165
Figure 78: Drivers of Supplier Power in the Life Insurance Market in Taiwan, 2008 167
Figure 79: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Taiwan, 2008 168
Figure 80: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Taiwan, 2008 170
Figure 81: Drivers of Degree of Rivalry in the Life Insurance Market in Taiwan, 2008 171
Figure 82: Taiwan Life Insurance Market Value Forecast: $ billion, 2008-2013 178