Price: $ 1295
BMI View: As of late 2013, Malaysia remains an insurance market that stands out for the innovation of the major insurance companies that are present. This has ensured continued growth in face of frequently challenging competitive conditions. Consolidation in the non-life segment will likely continue. As of late 2013, the insurance sector of Malaysia continues to appear unexciting relative to others in South East Asia. By most metrics, it is growing at single-digit rates. In the non-life segment, a fragmented competitive landscape has, in the past, resulted in brutal price competition which, in turn, has served to constrain the development of non-life penetration. In the life segment, a fairly large number of multinational players that are quite evenly matched in terms of their overall strengths ha ...
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