Independent Forecasts and Competitive Intelligence on Singapore's Insurance Industry...

Independent Forecasts and Competitive Intelligence on Singapore's Insurance Industry for Q2 2008

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/6a7f69/singapore_insuranc)
has announced the addition of the "Singapore Insurance Report Q2 2008"
report to their offering.

As was the case in Q108, the main focus of this report is BMI's
proprietary Insurance Business Environment Rating (IBER). The rating
brings together a number of pieces of relevant quantitative data,
together with BMI's Country Risk Rating (CRR). The IBER makes it
easier for the insurance sector business environment in a particular
country to be compared with the business environment for any other
BMI-monitored industry in that country. The IBER also allows an
objective and meaningful comparison of the insurance sector business
environment between countries. Over the coming months, we will
substantially change the format of the BMI insurance reports. In
essence, we will focus to a much greater extent on the companies that
are active in the non-life and life segments.

Singapore's IBER is 76.2. Relative to other countries in Asia
Pacific, it is an attractive insurance market for foreign insurers.
Within the region, Singapore stands out for the low Country Risk
Factors, and high quality of its regulatory framework. The competitive
landscape, in both the non-life and the life segment is busy, although
not overcrowded. Both segments are very open to participation by
foreign groups. The non-life sector is relatively under-developed but,
over the forecast period, we anticipate that non-life premiums will
grow by 12% annually in local currency terms, or by 14% in US$ terms
and 15% in euro terms.

The main weakness of Singapore's insurance sector is the
under-development of the non-life segment, and the anticipated lack of
growth in life premiums for the forecast period. In contrast, life
premiums are expected to remain as they are, with 0% growth expected,
although we think this will translate to 2% in US$ terms, and 3% in
euro terms.

Key Topics Covered:

- The Sector at a Glance

- Table: Overview of Singapore's Insurance Sector

- Key Insights on the Singaporean Insurance Sector

- SWOT Analysis

- Singapore Industry SWOT

- Future Development of BMI's Insurance Reports

- Latest News

- Projections and Forecasts

- Table: Premium Growth, 2005-2012

- Projections and Drivers of Growth

- Table: Growth Drivers, 2005-2012

- Country Update

- Macroeconomic Outlook

- Table: Singapore - Economic Activity

- Political Outlook

- Table: Singapore - Insurance Business Environment Indicators

- Table: Asia Pacific Insurance Business Environment Rankings

- Regional Context

- Table: Non-Life Premiums In A Regional Context, 2007

- Table: Life Premiums In A Regional Context, 2007

- Table: Comparison Of Major Lines As % Non-Life Premiums, 2006

- Analysis Of Competitive Conditions

- Singapore - Non-Life Segment

- Table: Presence Of Cross-Border Insurers, Non-Life

- Singapore - Life Segment

- Table: Presence Of Cross-Border Insurers, Life

- Methodology

- Basis Of Projections

- Insurance Business Environment Rating

- Table: Insurance Business Environment Indicators and Rationale

- Table: Weighting Of Indicators

For more information visit
http://www.researchandmarkets.com/research/6a7f69/singapore_insuranc

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
Fax from United States: 646-607-1907
Fax from rest of the world: +353-1-481-1716

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