South Korean Insurance Industry Analysis (2007)

Table of Contents

1. Analyst View

2. Research Overview

3. Global Insurance Industry

• 3.1 Top Insurance Companies
• 3.2 Reinsurance Market
  • 3.2.1 Top Reinsurers

4. Global Insurance Premium

• 4.1 South Korea Insurance in Global Context
• 4.2 Global - Insurance Industry Forecast (2007-2009)

5. South Korea Insurance

• 5.1 Insurance Industry - Current Scenario
• 5.2 Life Insurance
• 5.3 Product Distribution
  • 5.3.1 Pure Endowment Policy
  • 5.3.2 Death Insurance Policy
  • 5.3.3 Endowment Insurance Policy
  • 5.3.4 Group Insurance Policy
  • 5.3.5 Bancassurance
  • 5.3.6 Other Policies
• 5.4 General Insurance (Non-life Insurance)
  • 5.4.1 Fire Insurance
  • 5.4.2 Marine Insurance
  • 5.4.3 Casualty Insurance
  • 5.4.4 Automobile Insurance
  • 5.4.5 Long-Term Insurance & Private Annuity
• 5.5 Top 10 Life & Non-Life Insurance Companies
  • 5.5.1 Life Insurance Companies
  • 5.5.2 Non-Life Insurance Companies

6. Industry Analysis

• 6.1 Driving Forces
  • 6.1.1 Ageing Population
  • 6.1.2 Huge Market in Future for Investment-Linked Products
  • 6.1.3 Direct Channel Growth
  • 6.1.4 Insurers to Sell Deposit Products
• 6.2 Opportunities
  • 6.2.1 More Scope for Newer Products
  • 6.2.2 Growing Healthcare Market
  • 6.2.3 Customization of Products such as Pension Schemes
• 6.3 Challenges
  • 6.3.1 Talent Crunch
  • 6.3.2 Poor Professional Expertise & English
• 6.4 Future Outlook (2007-2011)

7. Key Players

• 7.1 Life Insurance
  • 7.1.1 Samsung Life Insurance Co., Ltd.
  • 7.1.2 Korea Life Insurance
  • 7.1.3 Kyobo Life Insurance
  • 7.1.4 KB Life
• 7.2 Non-Life Insurance
  • 7.2.1 Samsung Fire & Marine Insurance
  • 7.2.2 Hyundai Marine & Fire Insurance Co., Ltd.
  • 7.2.3 Dongbu Insurance

8. Reinsurance Company

• 8.1 Korean Reinsurance Company

List of Figures:

• Figure 3-1: Global - Share of Life & Non-Life Insurance Premiums (%), 2005
• Figure 4-1: Global - Forecast for Insurance Market (in Billion US$), 2007-2009
• Figure 5-1: South Korea - Insurance Premiums of Pure Endowment Policy (in Trillion Won), 2003-2005
• Figure 5-2: South Korea - Insurance Premiums of Death Insurance Policy (in Trillion Won), 2003-2005
• Figure 5-3: South Korea - Insurance Premium of Endowment Insurance Policy (in Trillion Won), 2003-2005
• Figure 5-4: South Korea - Insurance Premium of Group Insurance Policy (in Trillion Won), 2003-2005
• Figure 5-5: South Korea - Fire Insurance Premium (in Billion Won), 2004 & 2005
• Figure 5-6: South Korea - Marine Insurance Premium (in Billion Won), 2004 & 2005
• Figure 5-7: South Korea - Casualty Insurance Premium (in Billion Won), 2004 & 2005
• Figure 5-8: South Korea - Automobile Insurance Premium (in Billion Won), 2004 & 2005
• Figure 5-9: South Korea - Long-Term Insurance Premium (in Billion Won), 2004 & 2005
• Figure 6-1: South Korea - Forecast for Insurance Premiums (in Billion Won), 2007-2011

List of Tables:

• Table 3-1: Global - Life & Non-Life Insurance Premiums (in Million US$), 1995-2006E
• Table 3-2: Global - Top Insurance Players by Revenue (in Million US$), 2006
• Table 3-3: Global - Top Property/Casualty Insurance Companies by Revenue (in Million US$), 2006
• Table 3-4: Global - Top Life/Health Insurance Companies by Revenue (in Million US$), 2006
• Table 3-5: Global - Top Reinsurers by Net Reinsurance Premiums Written (in Million US$), 2005 & 2006
• Table 3-6: Global - Top Insurance Brokers by Revenue (in Million US$), 2006
• Table 4-1: Global - Development in the Major Insurance Markets (in Billion US$), 2005
• Table 4-2: Global - Leading Insurance Countries by Direct Premiums Written (in Millions US$), 2005
• Table 5-1: South Korea - Annual GDP & Growth Trend of Insurance Premiums (in Billion Won), 2001-2005
• Table 5-2: South Korea - Number of Employees & Offices in Life Insurance (2003-2005)
• Table 5-3: South Korea - Number of Employees, Insurance Solicitors & Insurance Agents in General Insurance Market, 2005
• Table 5-4: South Korea - Top 10 Life Insurance Companies Ranked by Assets (in Billion Won), Sep. 2006
• Table 5-5: South Korea - Top 10 Non-Life Insurance Companies by Assets (in Billion Won), Sep. 2006
• Table 7-1: Hyundai Marine & Fire Insurance Co., Ltd. - Financial Overview (in Trillion Won), 2004-2006
• Table 8-1: Korean Reinsurance Company - Financial Overview (in Billion Won), 2004-2006