South Korean Insurance Industry Forecast to 2012

1. Analyst View
2. Macroeconomic Status
3. Market Overview
4. Market Segmentation
4.1 Life Insurance
4.1.1 Pure Endowment
4.1.2 Death Insurance
4.1.3 Endowment Insurance
4.1.4 Group Insurance
4.1.5 Separate Account
4.2 General Insurance (Non-life Insurance)
4.2.1 Fire Insurance
4.2.2 Marine Insurance
4.2.3 Casualty Insurance
4.2.4 Automobile Insurance
4.2.5 Guarantee Insurance
4.2.6 Long-term Insurance
4.2.7 Private Annuity
5. Future Growth Areas
5.1 Bancassurance
5.2 Green Insurance Products
5.3 Dental Insurance
5.4 Ageing Population
5.5 Private Pension Schemes
5.6 Distance Marketing of Insurance Products
5.7 Cross Selling of Banking Products
5.8 Customized Products
6. Government Regulations and Initiatives
7. Industry Restarints
7.1 Talent Crunch
7.2 High Policy Surrender Rate
7.3 Declining Profitability
8. Competitive Landscape
8.1 Life Insurance
8.1.1 Samsung Life Insurance Co., Ltd.
8.1.2 Korea Life Insurance
8.1.3 Kyobo Life Insurance
8.2 Non-life Insurance
8.2.1 Samsung Fire & Marine Insurance
8.2.2 Hyundai Marine & Fire Insurance Co., Ltd.
8.2.3 Dongbu Insurance

List of Figures:

Figure 2-1: Per Head Disposable Income (US$), 2005-2008
Figure 2-2: Insurance Density (US$), FY 2005 to FY 2008
Figure 2-3: Forecast for Per Head Disposable Income (US$), 2009-2012
Figure 2-4: GDP per Head (US$), 2005-2008
Figure 2-5: Forecast for GDP per Head (US$), 2009-2012
Figure 3-1: Total Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 3-2: Share in Global Insurance Market (FY 2005 to FY 2008)
Figure 3-3: Forecast for Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-1: Share of Life and Non-life Insurance Premium (FY 2008)
Figure 4-2: Life Insurance Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-3: Life Insurance Premium by Product (%), FY 2007
Figure 4-4: Forecast for Life Insurance Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-5: Life Insurance Claims Paid (Trillion Won), FY 2005 to FY 2008
Figure 4-6: Pure Endowment Insurance Policy Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-7: Forecast for Pure Endowment Insurance Policy Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-8: Death Insurance Policy Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-9: Forecast for Death Insurance Policy Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-10: Endowment Insurance Policy Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-11: Forecast for Endowment Insurance Policy Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-12: Group Insurance Policy Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-13: Forecast for Group Insurance Policy Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-14: Separate Account Insurance Policy Premium (Trillion Won), FY 2005 to FY 2008
Figure 4-15: Forecast for Separate Account Insurance Policy Premium (Trillion Won), FY 2009 to FY 2012
Figure 4-16: Non-life Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-17: Non-life Insurance Premium by Product (%), FY 2007
Figure 4-18: Forecast for Non-life Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-19: Non-life Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-20: Fire Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-21: Forecast for Fire Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-22: Fire Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-23: Marine Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-24: Forecast for Marine Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-25: Marine Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-26: Casualty Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-27: Forecast for Casualty Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-28: Casualty Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-29: Automobile Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-30: Forecast for Automobile Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-31: Automobile Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-32: Guarantee Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-33: Forecast for Guarantee Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-34: Guarantee Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-35: Long-term Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-36: Forecast for Long-term Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-37: Long-term Insurance Claims Paid (Billion Won), FY 2005 to FY 2008
Figure 4-38: Private Annuity Insurance Premium (Billion Won), FY 2005 to FY 2008
Figure 4-39: Forecast for Private Annuity Insurance Premium (Billion Won), FY 2009 to FY 2012
Figure 4-40: Private Annuity Insurance Claims Paid (Billion Won), FY 2005 to FY 2008

List of Tables:

Table 2-1: Breakup of Ageing Population by Age Group (Million), 2005-2008
Table 2-2: Forecast for Breakup of Ageing Population by Age Group (Million), 2009-2012
Table 4-1: Top 10 Life Insurance Companies by Assets (Billion Won), Dec 2008
Table 4-2: Top 10 Non-life Insurance Companies by Assets (Billion Won), Dec 2008