Opportunities in Middle East Insurance Market

Table of Contents

1. Analyst View

2. Global Insurance Industry

• 2.1 Overview
• 2.2 Top Insurance Countries

3. Asian Insurance Industry

• 3.1 Overview
• 3.2 Top Insurance Countries

4. Middle East Insurance Industry

• 4.1 Overview
• 4.2 Top Insurance Countries
  • 4.2.1 Turkey
    • 4.2.1.1 Overview
    • 4.2.1.2 Performance
  • 4.2.2 Israel
    • 4.2.2.1 Overview
    • 4.2.2.2 Performance
  • 4.2.3 Iran
    • 4.2.3.1 Overview
    • 4.2.3.2 Performance
  • 4.2.4 United Arab Emirates
    • 4.2.4.1 Overview
    • 4.2.4.2 Performance
  • 4.2.5 Saudi Arabia
    • 4.2.5.1 Overview
    • 4.2.5.2 Performance
  • 4.2.6 Qatar
    • 4.2.6.1 Overview
    • 4.2.6.2 Performance
  • 4.2.7 Jordan
    • 4.2.7.1 Overview
    • 4.2.7.2 Performance
  • 4.2.8 Bahrain
    • 4.2.8.1 Overview
    • 4.2.8.2 Performance
  • 4.2.9 Oman
    • 4.2.9.1 Overview
    • 4.2.9.2 Performance
  • 4.2.10 Kuwait
    • 4.2.10.1 Overview
    • 4.2.10.2 Performance

5. Industry Analysis

• 5.1 Drivers
  • 5.1.1 Rising Traffic Accidents & Death Rate
  • 5.1.2 Health Conciousness
  • 5.1.3 Fire Insurance
  • 5.1.4 Motor Insurance
  • 5.1.5 Government Initiatives
  • 5.1.6 Young & Educated Population
• 5.2 Opportunities
  • 5.2.1 Low Penetration
  • 5.2.2 Health & Accidental Insurance
  • 5.2.3 Takaful Insurance
  • 5.2.4 Bancassurance
  • 5.2.5 Car Insurance
  • 5.2.6 Equipment & Property Insurance
  • 5.2.7 Pension Funds
• 5.3 Challenges
  • 5.3.1 Lack of Skills & Training
  • 5.3.2 Variability in Legal Frameworks
  • 5.3.3 Low Employment Ratio

6. Key Players

• 6.1 Migdal Insurance & Financial Holdings Ltd.
• 6.2 American Life Insurance Company
• 6.3 Middle East Insurance Company
• 6.4 Kuwait Insurance Company S.A.K
• 6.5 Gulf Insurance Company
• 6.6 Qatar Insurance Company
• 6.7 Anadolu Anonim Turk Sigorta Sirketi

List of Figures:

• Figure 2-1: Global - Share of Life & Non-Life Insurance Premium (%), 2006
• Figure 3-1: Asia - Insurance Premium (in Billion US$), 2004-2006
• Figure 4-1: Global - Share of Gross Insurance Premium Income in GDP by Region (%), 2005
• Figure 4-2: Middle East - Insurance Premium by Top Countries (in Million US$), 2006
• Figure 4-3: Turkey - Insurance Premium (in Million YTL), 2002-2006
• Figure 4-4: Turkey - Forecast for Insurance Premium (in Million YTL), 2007-2011
• Figure 4-5: Turkey - Life Insurance Premium (in Million YTL), 2002-2006
• Figure 4-6: Turkey - Non-Life Insurance Premium (in Million YTL), 2002-2006
• Figure 4-7: Turkey - Forecast for Non-Life Insurance Premium (in Million YTL), 2007-2011
• Figure 4-8: Turkey - Segmentation of Insurance Premium by Branch (%), 2006
• Figure 4-9: Turkey - Loss Ratio of Non-Life Insurance Premium by Branch (%), 2006
• Figure 4-10: Israel - Life Insurance Premium (in Million NIS), 2003-2006
• Figure 4-11: Israel - Forecast for Life Insurance Premium (in Million NIS), 2007-2011
• Figure 4-12: Israel - Non-Life Insurance Premium (in Million NIS), 2001-2006E
• Figure 4-13: Israel - Forecast for Non-Life Insurance Premium (in Million NIS), 2007-2011
• Figure 4-14: Israel - Segmentation of Non-Life Insurance Premium by Branch (%), 2005
• Figure 4-15: Iran - Forecast for Direct Insurance Premium Written (in Billion IRR), 2007-2011
• Figure 4-16: Iran - Segmentation of Insurance Direct Premium Written by Branch (%), 2005
• Figure 4-17: UAE - Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-18: UAE - Life Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-19: UAE - Non-Life Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-20: UAE - Share of Life & Non-Life Insurance Premium (%), 2006
• Figure 4-21: UAE - Forecast for Insurance Premium (in Million US$), 2007-2011
• Figure 4-22: Saudi Arabia - Insurance Premium (in Million SR), 2005 & 2006
• Figure 4-23: Saudi Arabia - Gross Written Premium by Business Lines (%), 2006
• Figure 4-24: Saudi Arabia - Forecast for Insurance Premium (in Million US$), 2007-2011
• Figure 4-25: Qatar - Insurance Premium (in Million US$), 2004-2006
• Figure 4-26: Qatar - Life Insurance Premium (in Million US$), 2004-2006
• Figure 4-27: Qatar - Non-Life Insurance Premium (in Million US$), 2004-2006
• Figure 4-28: Qatar - Forecast for Insurance Premium (in Million US$), 2007-2011
• Figure 4-29: Jordan - Underwritten Insurance Premium (in Million JD), 2000-2006
• Figure 4-30: Jordan - Forecast for Underwritten Insurance Premium (in Million JD), 2007-2011
• Figure 4-31: Jordan - Segmentation of Underwritten Insurance Premium by Branch (%), 2006
• Figure 4-32: Jordan - Segmentation of Insurance Claims Paid by Branch (%), 2006
• Figure 4-33: Bahrain - Share of Life & Non-Life Insurance Premium (%), 2006
• Figure 4-34: Bahrain - Life Insurance Premium (in Million BD) 2001-2006
• Figure 4-35: Bahrain - Share of National & Foreign Companies in Life Insurance Premium (%), 2006
• Figure 4-36: Oman - Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-37: Oman - Life Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-38: Oman - Non-Life Insurance Premium (in Million US$), 2005 & 2006
• Figure 4-39: Oman - Direct Insurance Premium by Branch (%), 2006
• Figure 4-40: Oman - Segmentation of Insurance Claims Paid by Branch (%), 2005
• Figure 4-41: Oman - Forecast for Insurance Premium (in Million US$), 2007-2011
• Figure 4-42: Kuwait - Insurance Premium (in Million US$), 2004-2006
• Figure 4-43: Kuwait - Life Insurance Premium (in Million US$), 2004-2006
• Figure 4-44: Kuwait - Non-Life Insurance Premium (in Million US$), 2004-2006
• Figure 4-45: Kuwait - Forecast for Insurance Premium (in Million US$), 2007-2011
• Figure 5-1: Israel - Per Head Health Care Spending (in US$), 2002-2007E
• Figure 5-2: Israel, Iran & Turkey - Forecast for New Car Registrations (in ‘000), 2007-2011
• Figure 5-3: Iran & Turkey - Forecast for Employment (in Million), 2007-2011

List of Tables:

• Table 2-1: Global - Life & Non-Life Insurance Premium (in Million US$), 2003-2006E
• Table 2-2: Global - Top Insurance Countries by Premium (in Million US$), 2006
• Table 2-3: Global - Top Insurance Companies by Revenue (in Million US$), 2006
• Table 2-4: Global - Top Property/Casualty Insurance Companies by Revenue (in Million US$), 2006
• Table 2-5: Global - Top Life/Health Insurance Companies by Revenue (in Million US$), 2006
• Table 2-6: Global - Top Insurance Brokers by Revenue (in Million US$), 2006
• Table 2-7: Global - Top Reinsurers by Net Reinsurance Premium Written (in Million US$), 2005 & 2006
• Table 3-1: Asia - Top Insurance Countries by Premium (in Million US$), 2006
• Table 4-1: Turkey - Number of Insurance & Reinsurance Companies (2002-2006)
• Table 4-2: Israel - Life Insurance Premium by Company (in ‘000 NIS), 2006
• Table 4-3: Israel - Non-Life Insurance Premium by Lines (in Million ILS), 2005
• Table 4-4: Iran - Sales Network of Insurance Industry (in Numbers), 2003-2005
• Table 4-5: Iran - Direct Insurance Premium Written (in Million IRR), 2000-2006
• Table 4-6: Iran - Direct Insurance Premium Written by Branch (in Million IRR), 2005
• Table 4-7: Iran - Insurance Premium Earned & Paid Losses (in Million IRR), 2005
• Table 4-8: Jordan - Insurance Market Structure (in Number), 2006-07
• Table 4-9: Bahrain - Gross Insurance Premiums & Claims by Branch (in Million BD), 2005 & 2006
• Table 6-1: Migdal Insurance & Financial Holdings Ltd. - Key Financials (in ‘000 NIS), 2005 & 2006
• Table 6-2: Middle East Insurance Company - Key Financials (in JD), 2005 & 2006
• Table 6-3: Qatar Insurance Company - Key Financials (in ‘000 QR), 2005 & 2006
• Table 6-4: Anadolu Anonim Turk Sigorta Sirketi - Key Financials (in TRY), 2005 & 2006