Life Insurance in Kuwait, Key Trends and Opportunities to 2017

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Date: 1-May-2014
No. of pages: 167
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Synopsis

The report provides in-depth market analysis, information and insights into the Kuwaiti life insurance segment, including:

  • The Kuwaiti life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in the Kuwaiti life insurance segment
  • The detailed competitive landscape in the life insurance segment in Kuwait
  • Detailed regulatory policies of the Kuwaiti insurance industry
  • A description of the life reinsurance segment in Kuwait
  • Porter’s Five Forces analysis of the life insurance segment
  • A benchmarking section on the Kuwaiti life insurance segment in comparison with other countries in the Middle-East region

Summary

Life insurance was the smallest segment in the Kuwaiti insurance industry in 2012, accounting for 19.3% of the industry’s total written premium. The segment’s value increased during the review period (2008-2012) at a compound annual growth rate (CAGR) of 10.5% . It is expected to record a CAGR of 8.2% over the forecast period. Insurance brokers and agencies were the main channels of distribution for life insurance products in Kuwait in 2012, accounting for 48.0% and 39.6% of the new business written premium respectively. This growth can be attributed to an increase in awareness about life insurance, and rising disposable incomes.

Scope

This report provides a comprehensive analysis of the life insurance segment in Kuwait:

  • It provides historical values for the Kuwaiti life insurance segment for the report’s 2008-2012 review period and projected figures for the 2012-2017 forecast period.
  • It offers a detailed analysis of the key categories in the Kuwaiti life insurance segment, along with market forecasts until 2017.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for life insurance products in Kuwait.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Kuwait for the life insurance business.
  • It provides a detailed analysis of the reinsurance segment in Kuwait and its growth prospects.
  • It profiles the top life insurance companies in Kuwait and outlines the key regulations affecting them.

Reasons To Buy

  • Make strategic business decisions using in depth historic and forecast market data related to the Kuwaiti life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Kuwaiti life insurance segment
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Kuwaiti insurance industry and its impact on companies and the market’s future

Key Highlights

  • Life insurance was the smallest segment in the Kuwaiti insurance industry in 2012, accounting for 19.3% of the industry’s total written premium
  • The growth was driven by rising consumer awareness of life insurance, and increases in the population and disposable income
  • Low penetration provides a further opportunity for life insurers to access the untapped market
  • The country has a strong pension system which poses a threat to private pension products in the life segment
  • There are 34 companies in the country, of which 23 are national and 11 are foreign

Life Insurance in Kuwait, Key Trends and Opportunities to 2017

Table of Contents

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 The Middle East Region Market Dynamics
3.1 Overview
3.1.1 Market Trends
3.1.2 Market Size

4 Life Insurance - Regional Benchmarking
4.1 Scale and Penetration
4.1.1 Total segment gross written premium
4.1.2 Premium per capita
4.1.3 Life insurance penetration as a percentage of GDP
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a share of GDP

5 Kuwaiti Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008-2017
5.2 Key Industry Trends and Drivers

6 Life Insurance Outlook
6.1 Life Insurance Growth Prospects by Category

7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers

8 Porter's Five Forces Analysis - Kuwaiti Life Insurance
8.1 Bargaining Power of Suppliers: Medium to High
8.2 Bargaining Power of Buyers: Medium to High
8.3 Barriers to Entry: Low to Medium
8.4 Intensity of Rivalry: High
8.5 Threat of Substitutes: Medium to High

9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008-2017
9.2 Reinsurance Segment Size by Type of Insurance, 2008-2017

10 Governance, Risk and CompliancE
10.1 Legislation Overview and Historical Evolution
10.2 Legislation and Market Practice by Type of Insurance
10.2.1 Life insurance
10.2.2 Property insurance
10.2.3 Motor insurance
10.2.4 Marine, aviation and transit insurance
10.2.5 Personal accident and health insurance
10.3 Compulsory Insurance
10.4 Supervision and Control
10.4.1 Ministry of Commerce and Industry (MoCI)
10.5 Non-Admitted Insurance Regulations
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.6.10 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)

11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Companies in the Kuwaiti Life Insurance Segment
11.3 Gulf Life Insurance Company - Company Overview
11.3.1 Gulf Life Insurance Company - key facts
11.3.2 Gulf Life Insurance Company - key financials
11.4 Al Ahleia Insurance Company SAK - Company Overview
11.4.1 Al Ahleia Insurance Company SAK - key facts
11.4.2 Al Ahleia Insurance Company SAK - key financials
11.5 MetLife Alico Kuwait - Company Overview
11.5.1 MetLife Alico Kuwait - key facts
11.6 Kuwait Insurance Company SAK - Company Overview
11.6.1 Kuwait Insurance Company SAK - key facts
11.6.2 Kuwait Insurance Company SAK - key financials
11.7 Warba Insurance Company - Company Overview
11.7.1 Warba Insurance Company - key facts
11.7.2 Warba Insurance Company - key financials
11.8 Enaya Insurance Company - Company Overview
11.8.1 Enaya Insurance Company - key facts
11.8.2 Enaya Insurance Company - key financials

12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Kuwait Stock Exchange, Kuwait
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key sectors
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Merchandise exports growth
12.2.18 Merchandise imports growth
12.2.19 Annual average exchange rate KWD-US$
12.3 Infrastructure
12.3.1 Commercial vehicle exports - total value
12.3.2 Commercial vehicle imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Age distribution of the total population

13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Middle East Region - Insurance Penetration (% of GDP), 2011
Table 3: Middle East Region - Life Expectancy, 2000 and 2012
Table 4: Kuwaiti Insurance - Overall Written Premium by Segment (KWD Million), 2008-2012
Table 5: Kuwaiti Insurance - Overall Written Premium by Segment (US$ Million), 2008-2012
Table 6: Kuwaiti Insurance - Overall Written Premium by Segment (KWD Million), 2012-2017
Table 7: Kuwaiti Insurance - Overall Written Premium by Segment (US$ Million), 2012-2017
Table 8: Kuwaiti Insurance - Segmentation (% Share), 2008-2017
Table 9: Kuwaiti Life Insurance - Gross Written Premium (KWD Million), 2008-2012
Table 10: Kuwaiti Life Insurance - Gross Written Premium (KWD Million), 2012-2017
Table 11: Kuwaiti Life Insurance - Earned Premium (KWD Million), 2008-2012
Table 12: Kuwaiti Life Insurance - Earned Premium (KWD Million), 2012-2017
Table 13: Kuwaiti Life Insurance - Sum Assured (KWD Billion), 2008-2012
Table 14: Kuwaiti Life Insurance - Sum Assured (KWD Billion), 2012-2017
Table 15: Kuwaiti Life Insurance - Paid Claims (KWD Million), 2008-2012
Table 16: Kuwaiti Life Insurance - Paid Claims (KWD Million), 2012-2017
Table 17: Kuwaiti Life Insurance - Incurred Loss (KWD Million), 2008-2012
Table 18: Kuwaiti Life Insurance - Incurred Loss (KWD Million), 2012-2017
Table 19: Kuwaiti Life Insurance - Loss Ratio (%), 2008-2012
Table 20: Kuwaiti Life Insurance - Loss Ratio (%), 2012-2017
Table 21: Kuwaiti Life Insurance - Commissions and Expenses (KWD Million), 2008-2012
Table 22: Kuwaiti Life Insurance - Commissions and Expenses (KWD Million), 2012-2017
Table 23: Kuwaiti Life Insurance - Combined Ratio (%), 2008-2012
Table 24: Kuwaiti Life Insurance - Combined Ratio (%), 2012-2017
Table 25: Kuwaiti Life Insurance - Total Assets (KWD Million), 2008-2012
Table 26: Kuwaiti Life Insurance - Total Assets (KWD Million), 2012-2017
Table 27: Kuwaiti Life Insurance - Retentions (KWD Million), 2008-2012
Table 28: Kuwaiti Life Insurance - Retentions (KWD Million), 2012-2017
Table 29: Kuwaiti Life Insurance - Direct Marketing Commission Paid (KWD Million), 2008-2012
Table 30: Kuwaiti Life Insurance - Direct Marketing Commission Paid (KWD Million), 2012-2017
Table 31: Kuwaiti Life Insurance - New Business Written Premium Through Direct Marketing (KWD Million), 2008-2012
Table 32: Kuwaiti Life Insurance - New Business Written Premium Through Direct Marketing (KWD Million), 2012-2017
Table 33: Kuwaiti Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008-2012
Table 34: Kuwaiti Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012-2017
Table 35: Kuwaiti Life Insurance - Bancassurance Commission Paid (KWD), 2008-2012
Table 36: Kuwaiti Life Insurance - Bancassurance Commission Paid (KWD), 2012-2017
Table 37: Kuwaiti Life Insurance - New Business Written Premium Through Bancassurance (KWD Million), 2008-2012
Table 38: Kuwaiti Life Insurance - New Business Written Premium Through Bancassurance (KWD Million), 2012-2017
Table 39: Kuwaiti Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008-2012
Table 40: Kuwaiti Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012-2017
Table 41: Kuwaiti Life Insurance - Commission Paid to Agencies (KWD Million), 2008-2012
Table 42: Kuwaiti Life Insurance - Commission Paid to Agencies (KWD Million), 2012-2017
Table 43: Kuwaiti Life Insurance - New Business Written Premium Through Agencies (KWD Million), 2008-2012
Table 44: Kuwaiti Life Insurance - New Business Written Premium Through Agencies (KWD Million), 2012-2017
Table 45: Kuwaiti Life Insurance - New Policies Sold Through Agencies (Thousand), 2008-2012
Table 46: Kuwaiti Life Insurance - New Policies Sold Through Agencies (Thousand), 2012-2017
Table 47: Kuwaiti Life Insurance - E-Commerce Commission Paid (KWD Million), 2008-2012
Table 48: Kuwaiti Life Insurance - E-Commerce Commission Paid (KWD Million), 2012-2017
Table 49: Kuwaiti Life Insurance - New Business Written Premium Through E-Commerce (KWD Million), 2008-2012
Table 50: Kuwaiti Life Insurance - New Business Written Premium Through E-Commerce (KWD Million), 2012-2017
Table 51: Kuwaiti Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008-2012
Table 52: Kuwaiti Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012-2017
Table 53: Kuwaiti Life Insurance - Commission Paid to Brokers (KWD Million), 2008-2012
Table 54: Kuwaiti Life Insurance - Commission Paid to Brokers (KWD Million), 2012-2017
Table 55: Kuwaiti Life Insurance - New Business Written Premium Through Brokers (KWD Million), 2008-2012
Table 56: Kuwaiti Life Insurance - New Business Written Premium Through Brokers (KWD Million), 2012-2017
Table 57: Kuwaiti Life Insurance - New Policies Sold Through Brokers (Thousand), 2008-2012
Table 58: Kuwaiti Life Insurance - New Policies Sold Through Brokers (Thousand), 2012-2017
Table 59: Reinsurance in Kuwait by Category (KWD Million), 2008-2012
Table 60: Reinsurance in Kuwait by Category (US$ Million), 2008-2012
Table 61: Reinsurance in Kuwait by Category (KWD Million), 2012-2017
Table 62: Reinsurance in Kuwait by Category (US$ Million), 2012-2017
Table 63: Kuwaiti Premium Ceded to Reinsurance by Insurance Segment (KWD Million), 2008-2012
Table 64: Kuwaiti Premium Ceded to Reinsurance by Insurance Segment (US$ Million), 2008-2012
Table 65: Kuwaiti Premium Ceded to Reinsurance by Insurance Segment (KWD Million), 2012-2017
Table 66: Kuwaiti Premium Ceded to Reinsurance by Insurance Segment (US$ Million), 2012-2017
Table 67: Kuwaiti Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 68: Kuwaiti Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 69: Kuwait - Life Insurance Regulatory Framework
Table 70: Kuwait - Property Insurance Regulatory Framework
Table 71: Kuwait - Motor Insurance Regulatory Framework
Table 72: Kuwait - Corporate Tax Rates for the Financial Year 2013
Table 73: List of Key Insurers in the Kuwait Life Insurance Segment, 2012
Table 74: Gulf Life Insurance Company, Key Facts
Table 75: Gulf Life Insurance Company, Key Financials (KWD Million), 2008-2012
Table 76: Al Ahleia Insurance Company SAK, Key Facts
Table 77: Al Ahleia Insurance Company SAK, Key Financials (KWD Million), 2008-2012
Table 78: MetLife Alico Kuwait, Key Facts
Table 79: Kuwait Insurance Company SAK, Key Facts
Table 80: Kuwait Insurance Company SAK, Key Financials (KWD Million), 2008-2012
Table 81: Warba Insurance Company, Key Facts
Table 82: Warba Insurance Company, Key Financials (KWD Million), 2009-2012
Table 83: Enaya Insurance Company, Key Facts
Table 84: Enaya Insurance Company, Key Financials (KWD Million), 2009-2012

List of Figures

Figure 1: Middle East Region - Economies and Populations, 2011
Figure 2: Middle East Region - Growth Trends in the Insurance Industry
Figure 3: Middle East Region - Total Insurance Industry by Type of Insurance (US$ Billion), 2011
Figure 4: Middle East Comparison - Life Insurance Segment Gross Written Premium (US$ Billion), 2011
Figure 5: Middle East Comparison - Life Insurance Premium Per Capita (US$), 2011
Figure 6: Middle East Comparison - Life Insurance Penetration (% of GDP), 2011 and 2016
Figure 7: Middle East Comparison - Life Insurance Gross Written Premium Growth (%), 2007-2016
Figure 8: Middle East Comparison - Life Insurance Gross Written Premium Per Capita Growth (%), 2007-2016
Figure 9: Middle East Comparison - Life Insurance Loss Ratio (%), 2011 and 2016
Figure 10: Middle East Comparison - Life Insurance Combined Ratio (%), 2011 and 2016
Figure 11: Middle East Comparison - Life Insurance Incurred Losses Per Capita (US$), 2011 and 2016
Figure 12: Middle East Comparison - Life Insurance Incurred Losses as a share of GDP (%), 2011 and 2016
Figure 13: Kuwaiti Insurance - Overall Written Premium by Segment (KWD Million), 2008-2017
Figure 14: Kuwaiti Insurance - Dynamics by Segment (%), 2008-2017
Figure 15: Kuwaiti Life Insurance - Gross Written Premium (KWD Million), 2008-2012
Figure 16: Kuwaiti Life Insurance - Gross Written Premium (KWD Million), 2012-2017
Figure 17: Kuwaiti Life Insurance - Earned Premium (KWD Million), 2008-2012
Figure 18: Kuwaiti Life Insurance - Earned Premium (KWD Million), 2012-2017
Figure 19: Kuwaiti Life Insurance - Sum Assured (KWD Billion), 2008-2012
Figure 20: Kuwaiti Life Insurance - Sum Assured (KWD Billion), 2012-2017
Figure 21: Kuwaiti Life Insurance - Paid Claims (KWD Million), 2008-2012
Figure 22: Kuwaiti Life Insurance - Paid Claims (KWD Million), 2012-2017
Figure 23: Kuwaiti Life Insurance - Incurred Loss (KWD Million), 2008-2012
Figure 24: Kuwaiti Life Insurance - Incurred Loss (KWD Million), 2012-2017
Figure 25: Kuwaiti Life Insurance - Loss Ratio (%), 2008-2012
Figure 26: Kuwaiti Life Insurance - Loss Ratio (%), 2012-2017
Figure 27: Kuwaiti Life Insurance - Commissions and Expenses (KWD Million), 2008-2012
Figure 28: Kuwaiti Life Insurance - Commissions and Expenses (KWD Million), 2012-2017
Figure 29: Kuwaiti Life Insurance - Combined Ratio (%), 2008-2012
Figure 30: Kuwaiti Life Insurance - Combined Ratio (%), 2012-2017
Figure 31: Kuwaiti Life Insurance - Total Assets (KWD Million), 2008-2012
Figure 32: Kuwaiti Life Insurance - Total Assets (KWD Million), 2012-2017
Figure 33: Kuwaiti Life Insurance - Retentions (KWD Million), 2008-2012
Figure 34: Kuwaiti Life Insurance - Retentions (KWD Million), 2012-2017
Figure 35: Kuwaiti Life Insurance - Penetration (%), 2008-2012
Figure 36: Kuwaiti Life Insurance - Density (Number of Policies per Capita), 2008-2012
Figure 37: Kuwaiti Life Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 38: Kuwaiti Life Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 39: Kuwaiti Life Insurance - Premium per Capita (KWD), 2008-2012
Figure 40: Kuwaiti Life Insurance - New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 41: Kuwaiti Life Insurance - Direct Marketing Commission Paid (KWD Million), 2008-2012
Figure 42: Kuwaiti Life Insurance - Direct Marketing Commission Paid (KWD Million), 2012-2017
Figure 43: Kuwaiti Life Insurance - New Business Written Premium Through Direct Marketing (KWD Million), 2008-2012
Figure 44: Kuwaiti Life Insurance - New Business Written Premium Through Direct Marketing (KWD Million), 2012-2017
Figure 45: Kuwaiti Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008-2012
Figure 46: Kuwaiti Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012-2017
Figure 47: Kuwaiti Life Insurance - Bancassurance Commission Paid (KWD), 2008-2012
Figure 48: Kuwaiti Life Insurance - Bancassurance Commission Paid (KWD), 2012-2017
Figure 49: Kuwaiti Life Insurance - New Business Written Premium Through Bancassurance (KWD Million), 2008-2012
Figure 50: Kuwaiti Life Insurance - New Business Written Premium Through Bancassurance (KWD Million), 2012-2017
Figure 51: Kuwaiti Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008-2012
Figure 52: Kuwaiti Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012-2017
Figure 53: Kuwaiti Life Insurance - Commission Paid to Agencies (KWD Million), 2008-2012
Figure 54: Kuwaiti Life Insurance - Commission Paid to Agencies (KWD Million), 2012-2017
Figure 55: Kuwaiti Life Insurance - New Business Written Premium Through Agencies (KWD Million), 2008-2012
Figure 56: Kuwaiti Life Insurance - New Business Written Premium Through Agencies (KWD Million), 2012-2017
Figure 57: Kuwaiti Life Insurance - New Policies Sold Through Agencies (Thousand), 2008-2012
Figure 58: Kuwaiti Life Insurance - New Policies Sold Through Agencies (Thousand), 2012-2017
Figure 59: Kuwaiti Life Insurance - E-Commerce Commission Paid (KWD Million), 2008-2012
Figure 60: Kuwaiti Life Insurance - E-Commerce Commission Paid (KWD Million), 2012-2017
Figure 61: Kuwaiti Life Insurance - New Business Written Premium Through E-Commerce (KWD Million), 2008-2012
Figure 62: Kuwaiti Life Insurance - New Business Written Premium Through E-Commerce (KWD Million), 2012-2017
Figure 63: Kuwaiti Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008-2012
Figure 64: Kuwaiti Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012-2017
Figure 65: Kuwaiti Life Insurance - Commission Paid to Brokers (KWD Million), 2008-2012
Figure 66: Kuwaiti Life Insurance - Commission Paid to Brokers (KWD Million), 2012-2017
Figure 67: Kuwaiti Life Insurance - New Business Written Premium Through Brokers (KWD Million), 2008-2012
Figure 68: Kuwaiti Life Insurance - New Business Written Premium Through Brokers (KWD Million), 2012-2017
Figure 69: Kuwaiti Life Insurance - New Policies Sold Through Brokers (Thousand), 2008-2012
Figure 70: Kuwaiti Life Insurance - New Policies Sold Through Brokers (Thousand), 2012-2017
Figure 71: Kuwaiti Life Insurance - Porter's Five Forces Analysis
Figure 72: Kuwaiti Premium Ceded to Reinsurance by Category (KWD Million), 2008-2017
Figure 73: Kuwaiti Premium Ceded to Reinsurance by Category (% Share), 2012 and 2017
Figure 74: Kuwaiti Reinsurance - Dynamics by Category (%), 2008-2017
Figure 75: Kuwaiti Premium Ceded to Reinsurance by Insurance Segment (KWD Million), 2008-2017
Figure 76: Kuwaiti Reinsurance - Dynamics by Insurance Segment (%), 2008-2017
Figure 77: Kuwaiti Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Figure 78: Kuwaiti Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Figure 79: Kuwait - Insurance Regulatory Framework
Figure 80: Kuwait - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 81: Kuwait Stock Exchange Market Capitalization (US$ Billion), 2008-2012
Figure 82: Kuwaiti GDP at Constant Prices (US$ Billion), 2007-2011
Figure 83: Kuwaiti GDP Per Capita at Constant Prices (US$), 2007-2011
Figure 84: Kuwaiti GDP at Current Prices (US$ Billion), 2008-2012
Figure 85: Kuwaiti GDP Per Capita at Current Prices (US$), 2008-2012
Figure 86: Kuwaiti GDP by Key Sectors (%) 2007 and 2011
Figure 87: Kuwaiti Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2007-2011
Figure 88: Kuwaiti Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 89: Kuwaiti Manufacturing Net Output at Current Prices (US$ Billion), 2007-2011
Figure 90: Kuwaiti Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 91: Kuwaiti Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007-2011
Figure 92: Kuwaiti Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 93: Kuwaiti Construction Net Output at Current Prices (US$ Billion), 2007-2011
Figure 94: Kuwaiti Construction Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 95: Kuwaiti Inflation Rate (%), 2008-2012
Figure 96: Kuwaiti Exports as a Percentage of GDP (%), 2007-2011
Figure 97: Kuwaiti Imports as a Percentage of GDP (%), 2007-2011
Figure 98: Kuwaiti Merchandise Exports Growth (%), 2008-2011
Figure 99: Kuwaiti Merchandise Imports Growth (%), 2008-2011
Figure 100: Kuwaiti Annual Average Exchange Rate US$-KWD, 2008-2012
Figure 101: Kuwaiti Commercial Vehicle Exports - Total Value (US$ Million), 2007-2010
Figure 102: Kuwaiti Commercial Vehicle Imports - Total Value (US$ Billion), 2007-2010
Figure 103: Kuwaiti Automotive Exports - Total Value (US$ Billion), 2007-2010
Figure 104: Kuwaiti Automotive Imports - Total Value (US$ Billion), 2007-2010
Figure 105: Kuwaiti Internet Subscriptions (Million), 2008-2012
Figure 106: Kuwaiti Size of Labor Force (Million), 2008-2012
Figure 107: Kuwaiti Gross National Disposable Income (US$ Billion), 2007-2011
Figure 108: Kuwaiti Total Population (Million), 2008-2012
Figure 109: Kuwaiti Urban and Rural Populations (%), 2008-2012
Figure 110: Kuwaiti Population Distribution by Age (%), 2008-2012

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    Published: 5-Aug-2014        Price: US $1950 Onwards        Pages: 313
    Synopsis The report provides in-depth market analysis, information and insights into the Brazilian life insurance segment, including: The Brazilian life insurance segment's growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the Brazilian life insurance segment The detailed competitive landscape in the life insurance segment in Brazil Detailed regulatory policies of the Brazilian insurance industr......
  • French Life Insurance industry, Key Trends and Opportunities to 2018
    Published: 25-Jul-2014        Price: US $1950 Onwards        Pages: 309
    Synopsis The report provides in-depth market analysis, information and insights into the French life insurance segment, including: The French life insurance Industry segment’s growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the French life insurance Industry segment The detailed competitive landscape in the life insurance segment in France Detailed regulatory policies of the French insurance......
  • Life Insurance in South Africa, Key Trends and Opportunities to 2018
    Published: 23-Jul-2014        Price: US $1950 Onwards        Pages: 301
    Synopsis The report provides in-depth market analysis, information and insights into the South African life insurance segment, including: The South African life insurance segment’s growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the South African life insurance segment The detailed competitive landscape in the life insurance segment in South Africa Detailed regulatory policies of the South A......
  • New Zealand Life Insurance Industry, Key Trends and Opportunities to 2018
    Published: 21-Jul-2014        Price: US $1950 Onwards        Pages: 285
    Synopsis The report provides in-depth market analysis, information and insights into the New Zealand life insurance industry segment, including: The New Zealand life insurance industry segment’s growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the New Zealand life insurance industry segment The detailed competitive landscape in the life insurance segment in New Zealand Detailed regulatory pol......
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