Indonesia Insurance Industry – Overview, Trends, Prospects And Swot Analysis

Emerging Markets Direct (EMD) released their latest Indonesia Insurance Industry Report 2H10. The report says that Indonesia insurance industry is a very attractive and largely untapped market. As of 2008, the country was home to more than 210mn people while the number of insured people was 16.48mn, which implied that only less than 10% had life insurance. Seen in this light, foreign insurance companies had entered into joint ventures with local companies due to the low market penetration rate and the policies set by the Indonesia government.

Next to India and China, Indonesia is definitely one of the insurance markets in Asia with huge growth potential. The Indonesia insurance sector consists of a number of players. As of end 2009, there were 283 companies in Indonesia owning insurance business licenses. There were no much changes made to the number of life, non-life, reinsurance, social insurance program and workers social security, and insurance for civil servants and armed forced companies as compared with 2008. There were even no new insurance companies over the past 5 years due to the relatively high minimum equity of IDR100bn set by the government.

Over the past 5 years, total assets and total investments of the insurance industry as a whole have risen, especially for the reinsurance sector which saw the highest growth rate y-o-y of 21.79% for total investments and total assets. Net premium for non-life insurance and reinsurance has been rising since 2006, from IDR 8,147bn to IDR11,810bn in 2008.

Despite the vulnerability of the Indonesia Insurance industry to natural disaster, the overall industry ratio of gross claims to gross premiums was still manageable. It was recorded that the ratio varied from 48% to 61% in 2008. Whats more, a major part of risks covered by local insurers was ceded to offshore reinsurance company. In recent years, the retention ratio (measured by net written premium to gross written premium) was very conservative and ranged from 34% to 54%. Indonesias insurance industry suffered from deficit transaction, in this regard, our analyst thought that consolidation was vital for insurance companies to strengthen their capital base in order to stay competitive.

What are the market trends and outlook of the Indonesia Insurance Industry? How did the issuance of Indonesian Insurance Architecture (Roadmap) affect the industry? How many insurers licenses were revoked as a result of the minimum solvency requirement specified by the Ministry of Finance? What are the prospects of Takaful (Islamic insurance) in Indonesia? What were the requirements set by the Ministry of Finance (MoF) for foreign insurers to enter the Indonesian market?

Want to have an overview and competitive analysis(SWOT) of the major industry players?
-PT Asuransi Allianz Utama Indonesia(Allianz)
-PT Asuransi Sinar Mas (Sinar Mas)
-PT Panin Life Tbk(Panin)

Check our pages to see more details about our latest Indonesia Insurance Industry Report:
http://www.emergingmarketsdirect.com/products/Indonesia-Insurance-Industry.html

Table of Content
1. Industry Profile
1.1 Sector Overview
1.2 Sector Size and Value
1.2.1 Insurance Companies
1.2.2 Total Assets and Investments
1.3 Sector Performance
1.3.1 Gross Premiums and Claims
1.3.2 Non-Life Insurance and Reinsurance Net Premium
1.3.3 Industry Retention Rate
2. Market Trends and Outlook
2.1 Regulatory Issues
2.2 Sharia Products
2.3 Foreign insurers
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 PT. Asuransi Allianz Utama Indonesia
3.1.2 PT. Asuransi Sinar Mas
3.1.3 PT. Panin Life Tbk
3.2 Comparative Matrix
3.3 SWOT Analysis

4. Tables and Charts
Table 1: Life Insurance No. of Insured People 1998 2008
Table 2: Insurers Licenses Revoked 2005
Table 3: Financial Summary 2007 – 2009
Table 4: Financial Highlights FY09
Chart 1: Inflation Trend of Indonesia Oct 2008 Oct 2010
Chart 2: Number of Insurance Companies 2004 – 2008
Chart 3: Growth of Total Assets According to Line of Business 2004 – 2008
Chart 4: Total Assets for the Year 2008
Chart 5: Growth of Total Investments According to Line of Business 2004 2008
Chart 6: Total Investments for the Year 2008
Chart 7: Growth of Total Assets Compared to Total Investment 2004 – 2008
Chart 8: Types of Investments
Chart 9: Growth of Gross Premiums According to Line of Business 2004 – 2008
Chart 10: Percentage of Gross Premiums for the Year 2008
Chart 11: Growth of Gross Claims According to Line of Business 2004 2008
Chart 12: Percentage of Gross Claims According to Line of Business
Chart 13: Growth of Gross Claims and Gross Premiums 2004 – 2008
Chart 14: Non-Life Insurance and Reinsurance Net Premium 2006 – 2008
Chart 15: Retention Rate 1996 – 2008
Chart 16: Sinar Mas – Total Shareholders Equity 2005 – 2009
Chart 17: Sinar Mas – Surplus Solvency Margin 2005 – 2009
Chart 18: Gross Premium Income 2005 – 2009
Chart 19: Total Investments Income 2005 2009

About Emerging Markets Direct

Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Markets in-house analysts crunch the numbers from our proprietary CEIC databases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service, Emerging Market Direct reports are available now at our online research store. Our Other products are: CEIC snapshots, CEIC datatalk, Intellinews. To view our full catalogue of products, please visit http://www.emergingmarketsdirect.com

Malaysia Electricity Industry-overview,trends,prospects And Swot Analysis

Emerging Markets Direct (EMD) released their latest Malaysia Electricity Industry Report. The electricity, gas and water industry in Malaysia contributed approximately RM17.71 billion (2.61%) to the country’s total GDP in 2009. Over the years, the annual growth rate of Malaysia electricity generation has declined. Electricity generation achieved the lowest growth rate (since 1990) at 0.99%, whereby the annual growth rate of electricity generation was averaged at 10.3% in the 1990s.

Malaysia electricity market was affected by the global economic downturn and thus a slowdown in the domestic market activity particularly in the first six months of 2009. In this regard, total electricity sales saw a decrease of 1.35% in 2009. Talking about electric generation capacity, Malaysia had a capacity of 21,817MW, which marked an increase of 10.6% as compared with 2008. The electricity generation in the Peninsular Malaysia was approximately 89.53% of the country’s total electricity generation in 2008. Sarawak and Sabah, the minority electricity generators, accounted for 6.06% and 4.41 % of the total electricity generation respectively.

High reserve margins incur high maintenance costs. The Ministry of Energy, Water and Communications was expecting reserve margins in Peninsular Malaysia to be reduced gradually from 40% to 20%. According to the Economic Planning Unit of Malaysia, the reserve margins for Peninsular Malaysia was estimated at 25.4%, Sabah at 37.2% and Sarawak at 24.5%, which should all meet the expected increase in demand. Our analyst thinks that, the generation reserve margin will be at a very prudent level by 2016.

Owing to the escalating gas and coal prices, the Malaysian government announced the restructuring of electricity tariff in which less than half of the domestic households would be affected by the new tariffs as long as they maintain their usage rates. In less than one year time, the Malaysian government revised the tariff plan again to reflect the changes in fuel prices and support the government’s efforts to introduce economic stimulus package.

What are the trends and developments of Malaysia Electricity Industry? How does the five-fuel policy affect the power generation mix of Malaysia? What are the on-going Hydroelectricity power development projects? How does the government encourage the use of renewable energy in power generation?

Want to have an overview and competitive analysis (SWOT) of the major industry players?
-Tenaga Nasional Berhad (TNB)
-YTL Power International Berhad (YTL Power)
-Malakoff Berhad (Malakoff)
-Tanjong Public Limited Company (Tanjong)

Check our pages now and you’ll find the answers from our Malaysia Electricity Industry Report.
http://www.emergingmarketsdirect.com/products/Malaysia-Electricity-Industry.html

Table of Content
1. Industry Profile
1.1 Electricity Supply Industry
1.1.1 Industry Size
1.1.2 Electricity Maximum Demand and Installed Generation Capacity
1.1.3 Electricity Sales, Consumption and Generation
1.1.4 Power Generation Utilities
1.1.5 Reserve Margins
1.2 Regulatory Environment
1.2.1 Energy Function
1.2.2 National Energy Policy
1.2.3 Rural Electrification
1.3 Electricity Supply Industry Trust
2. Market Trends and Outlook
2.1 Electricity Tariff
2.1.1 New Electricity Tariff
2.2 Power Purchase Agreement (PPA)
2.3 Generation Mix and Fuel Costs
2.4 Renewable Energy (RE)
2.5 Fuel Cells
2.6 Industry SWOT
2.7 Market Outlook 14
3. Leading Players and Comparative Matrix
3.1 Listed Dominant Electricity Utility
3.1.1 Tenaga Nasional Berhad (TNB)
3.2 Independent Power Producers (IPPs)
3.2.1 YTL Power International Berhad (YTL Power)
3.2.2 Malakoff Berhad (Malakoff)
3.2.3 Tanjong Public Limited Company (Tanjong)
3.3 Comparative Matrix
3.4 SWOT Analysis

4. Tables & Charts
Table 1: Summary of Malaysia Power Sector 2000, 2005 and 2010e
Table 2: Old and New Domestic Tariff
Table 3: New Commercial Tariff
Table 4: New Industrial Tariff
Table 5: Generation Mix
Table 6: Malaysia Renewable Energy Value in 2005
Table 7: Status of Renewable Energy in Malaysia
Table 8: Electricity Supply Industry SWOT
Table 9: Development Expenditure & Allocation for Electricity Sector from 2000 to 2010
Table 10: Tenaga Nasional Berhad’s Headline KPIs 2007- 2010
Table 11: Tenaga Nasional Berhad Financial Ratios 2003-2009
Table 12: Tanjong’s Power Generation Business
Table 13: Major Independent Power Producers in Peninsular Malaysia
Table 14: Financial Highlights of the Leading Players
Chart 1: Total GDP vs GDP of Electricity, Gas & Water 2000-2009
Chart 2: Contribution of GDP of Electricity, Gas & Water 2000-2009
Chart 3: Electricity Maximum Demand Jan 2009 – Jun 2010
Chart 4: Installed Generation Capacity in Peninsular Malaysia 2005-2009
Chart 5: Installed Generation Capacity in East Malaysia 2005-2009
Chart 6: Generation Plant Mix in Malaysia 2009
Chart 7: Generation Capacity of Major Power Producers in Malaysia 2009
Chart 8: Electricity Sales 2001-2009
Chart 9: Electricity Sales by Tenaga Nasional Berhad
Chart 10: Electricity Sales by Sabah Electricity Sdn Bhd and Sarawak Energy Berhad in 2009
Chart 11: Electricity Consumption in Malaysia 2004-2008
Chart 12: Electricity Generation vs Consumption 2005-2009
Chart 13: Electricity Generation in Malaysia 2004-2008
Chart 14: Electricity Generation, Public vs Private Installation 2005-2009
Chart 15: Generation Mix in Malaysia 2009
Chart 16: Generation by Major Power Producers in Malaysia 2009
Chart 17: Export of Electric Current Jun 2007 – Jun 2010
Chart 18: Reserve Margin of Peninsular Malaysia 2000-2009
Chart 19: Rural Electrification Coverage from 2000-2010, by Region
Chart 20: Regional Overall Tariff Comparison in 2008
Chart 21: Regional Overall Tariff Comparison in 2009
Chart 22: Tenaga Nasional Berhad Generation Mix in 2009
Chart 23: Tenaga Nasional Berhad Operational Efficiency 2002-2009
Chart 24: Tenaga Nasional Berhad Operational Statistics
Chart 25: Tanjong’s Revenue Breakdown by Segment 2009 and 2010

About Emerging Markets Direct
Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product-Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Markets in-house analysts crunch the numbers from our proprietary CEIC databases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service, Emerging Market Direct reports are available now at our online research store. Our Other products are: Dealwatch, CEIC snapshots, CEIC datatalk, Intellinews. To view our full catalogue of products, please visit http://www.emergingmarketsdirect.com

Indonesia Palm Oil Industry – Overview, Trends, Prospects And Swot Analysis

Emerging Markets Direct (EMD) released the latest Indonesia Palm Oil Industry Report 2H10. In the report, it says that palm oil is the most important agricultural export crop of Indonesia, with exports increased at 10.7 million tons or 274% over the past decade or roughly 27.4% per annum (1.1 million tons). As of August 2010, exports rose 45% month-on-month to 1.72 million metric tons and expected to rise further approaching the last months of 2010 owing to higher demand driven by year-end festivals.

The report profiles the Palm Oil sector. Ever since 2006, Indonesia has been replacing Malaysia as the largest producer of palm oil. The government stimulated the growth of palm oil industry by introducing some of the core reforms like decentralizing the land-use licensing rights to provincial governments, granting subsidies to smallholders, establishing the pro-rated export tax system for crude palm oil. As the global demand for palm oil grows at 2.2 million tons per year, it is estimated that Indonesia could even satisfy 57% of the annual growth in demand. The high demand even drives crude palm oil prices up to USD750 per ton as of mid-2010.

Our analyst thinks that, Indonesia has the potential to grow into a world biodiesel leader and a model for plantation sustainability, as supported by two of its most valuable assets, namely its oil palm plantations (which is expected to increase to ten million hectares by 2015), and its people. The government encouraged the use of bio-diesel to reduce the use of diesel oil for transportation and industrial use. State oil and gas company, Pertamina started selling bio-diesel mixed with automotive diesel oil in 2006.

What are the problems faced in the industry?
– Difficulty in procuring lands results in the failure of implementing oil palm plantations projects.
– Insufficient supply of high yield seedlings give rise to falsely certified seedlings.
-Processing factories operate without having plantations means a mismatch of capacity.
– Rising environmental concerns trigger anti-palm oil expansion campaigns staged by environmental NGOs.

Rising environmental concerns lead to the withdrawal of major clients like Unilever, Kraft and Nestle. As a result, the palm oil industry supported the proposal of environmental NGOs to declare a moratorium on new licenses for the development of plantation in natural forest and on peat lands, effective from January 2011. How does Indonesia Palm Oil industry strike a balance between environmental concerns and productivity? What are the sustainable measures taken by the industry? What are the prospects and outlook of Palm Oil Industry?

Want to have an overview and competitive analysis of the major industry players?
– PT Astra Agro Lestari TBK
– PT Sinar Mas Agro Resources and Technology TBK
– PT Perusahaan Perkebunan London Sumatra Indonesia TBK
– PT Bakrie Sumatera Plantation TBK.

Check our pages to see more details about our latest Indonesia Palm Oil Industry Report:
http://www.emergingmarketsdirect.com/products/Indonesia-Palm-Oil-Industry.html

Table of Content

1. Industry Profile
1.1 Indonesian Palm Oil
1.2 Production
1.2.1 Production of Palm Kernel Oil
1.3 Palm Oil Exports
1.3.1 Crude Palm Oil Shipment
1.4 Prices
1.5 World Major CPO Producers and Major Oils
1.5.1 Malaysia Palm Oil Industry
1.5.2 Major Oils
1.6 Development in the Palm Oil Industry
1.6.1 Oleochemical Industry
1.6.2 Biodiesel Industry
2. Market Trends and Outlook
2.1 Greenpeace and the Indonesian Pam Oil Industry
2.2 Problem Faced in the Industry
2.2.1 Scarcity of Land
2.2.2 Falsely Certified Seedlings
2.2.3 Issues Over CPO Factories Without Plantation and Plantations without Factory
2.3 Development in the Industry
2.4 Roundtable on Sustainable Palm Oil (RSPO)
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 PT Astra Agro Lestari TBK (AAL)
3.1.2 PT Sinar Mas Agro Resources and Technology (SMART)
3.1.3 PT Perusahaan Perkebunan London Sumatra Indonesia TBK (LONSUM)
3.1.4 PT Bakrie Sumatera Plantation TBK (UNSP)
3.2 Comparative Matrix
3.3 SWOT Analysis

4. Tables and Charts
Table 1 : Area and Production by Category of Producers 2006 – 2010
Table 2 : Indonesia Crude Palm Oil Exports by Major Destination Countries 2006 – 2010
Table 3 : Shipment Size Distribution
Table 4 : Average Annual Production of Major Oils and Fats 1958 – 2009
Table 5 : Plantation Statistic of AAL 2008- 2009
Table 6 : Palm Oil Planted Area of AAL (as of June 2008)
Table 7 : Operational Highlights of SMART 2005 – 2009
Table 8 : Operational Highlights of LONSUM 2005 – 2009
Table 9 : Operational Highlights of UNSP 2008 and 2009
Table 10 : Financial Highlights of Major Players 2008 and 2009
Chart 1 : Indonesia Regional Palm Oil Production
Chart 2 : Indonesia and Malaysia Palm Oil Production 1996 – 2008
Chart 3 : Historical Palm Oil Area & Production 1985 – 2009
Chart 4 : Indonesia Annual Palm Area Growth
Chart 5 : Indonesia Palm Area Growth by Location
Chart 6 : Production of Crude Palm Oil by Country in 2008
Chart 7 : World Production of Palm Kernel Oil 2005-2010
Chart 8 : Indonesia Palm Oil Exports 2001-Jun 2010
Chart 9 : Indonesian Crude Palm Oil Export by Port 2006-2010
Chart 10 : Shipment Size per Month 2010
Chart 11 : Export Price and Volume of Indonesian CPO Jan 2006-April 2010
Chart 12 : Palm Oil Production in Malaysia and Indonesia 2004-2009

About Emerging Markets Direct

Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product-Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Markets in-house analysts crunch the numbers from our proprietary CEIC databases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service, Emerging Market Direct reports are available now at our online research store. Our Other products are: CEIC snapshots, CEIC datatalk, Intellinews. To view our full catalogue of products, please visit http://www.emergingmarketsdirect.com

China Steel Industry – Overview, Trends, Prospects And Swot Analysis

Emerging Markets Direct (EMD) announced the release of their latest China Steel Industry Report 2H10. It states that China ranked number one in crude steel production (reaches 567.8 million metric tons) again in 2009, which is 13.5% higher than previous year and sharing 46.3% of the world’s total.

The report first profiles the China Steel Industry.Driven by China’s economic development, production of steel reached 426.6 million tons as of August 2010, and is expected to reach 640 million tons for the full year. Finished steel products also increased significantly, EMD outlines the growth scenario of finished steel products, out of which heavy rail track material has an impressive growth of 52.8%.

The Chinese industry is highly fragmented with approximately 800 steel mills, majority state-owned in nature. EMD lists out the production by province out of which Hebei province comes first among other Chinese provinces (22% of total China production).

The EMD report then covers market trends and outlook. The Chinese government introduced measures to curb the over-heated property market in August 2010. According to our report, China’s steel consumption is expected to decelerate in 2011. As the no.1 steel importing country, what will be the impact? EMD gives you an overview of the import numbers and steel price.
It also provides a discussion on the export market. In 2009, China fell from no.1 to no.4 in the export of steel product. Exports rose by 153% YoY in the first half of 2010 due to the revival of the marco-economic condition. With the removal of tax rebates on certain steal products in July, will exports still increase in the coming months? What is the impact of China exports on other ASEAN countries?

What are the prospects of the China steel sector? What is the outlook for steel price? How does the performance differ between Chinese and non-Chinese steel producers? What are the factors leading to the difference in their EBITDA? The China Steel Industry report gives you the background to answer these questions.

Finally, it describes the competitive landscape and leading players of the industry. The China Steel Industry report provides basic company profile, history, financial highlights, performance data, recent development and SWOT analysis of Shanghai Baosteel Group Corporation, Baosteel Co. Ltd, Anshan Iron & Steel Group, Angang Steel Company Ltd., Wuhan Iron & Steel Group, Hebei Iron & Steel Group Company Ltd.

Table of Content
1. Industry Profile
1.1 Global Steel Industry
1.2 China Steel Industry
1.2.1 The Structure of the Industry
1.2.2 Fragmentation of the Chinese Steel Industry
1.3 Industry Production
1.3.1 Production of Steel Products
1.3.2 Production by Province
2. Market Trends and Outlook
2.1 Steel Consumption
2.2 Imports Market
2.3 Exports Market
2.3.1 Impact of China Export on Southeast Asia
2.4 Prices
2.5 Market Outlook
3. Leading Players and Comparative Matrix
3.1 Leading Players
3.1.1 Shanghai Baosteel Group Corporation
3.1.1.1 Baosteel Co. Ltd
3.1.2 Anshan Iron & Steel Group Corporation
3.1.2.1 Angang Steel Company Ltd
3.1.3 Wuhan Iron & Steel Group
3.1.4 Hebei Iron & Steel Group Company Ltd
3.2 Comparative Matrix
3.3 SWOT Analysis

4. Tables and Charts
Table 1: Major Steel Producing Countries (million metric tons) in 2008 and 2009
Table 2: Top 20 Steel Exporting Countries in 2009 (million metric tons)
Table 3: Top 20 Steel Importing Countries in 2009 (million metric tons)
Table 4: Major Chinese Steel Producers (million tons) in 2008 and 2009
Table 5: Production of Finished Steel Products (thousand tons) in 2008 and 2009
Table 6: Steel Production by Province (thousand tons) in 2008 and 2009
Table 7: Steel Imports by Quantity (thousand tons) from 2003 to 2009
Table 8: Steel Export by Quantity (thousand tons) from 2003 to 2009
Table 9: Price of Whorl Steel 22mm Q235 by Province (RMB per ton) from 2006 to 2009
Table 10: Baosteel Co. Ltd Distribution of Business Income and Cost of Principal Business Segments (RMB million)
Table 11: Leading Players Financial Highlights 2008 and 2009
Chart 1: World Crude Steel Production (‘000 metric tons) from 2003 – 2009
Chart 2: World Steel Production by Geographical Distribution in 2009
Chart 3: Production of Steel and Steel Products from 2001 to August 2010
Chart 4: Production of Iron Ore, Pig Iron and Coke from 2002 to August 2010
Chart 5: Production of Steel Billet by Large and Medium Enterprises from 2002 to August 2010
Chart 6: Imports of Iron Ore from 2000 to 2008
Chart 7: Steel Product Exports in China from January 2009 to August 2010
Chart 8: Exports of Selected Steel Products by Value from 2007 to August 2010
Chart 9: Trade Balance of Iron & Steel from 2005 to August 2010
Chart 10: Prices of Selected Steel Products (RMB per ton) from January 2009 to July 2010
Chart 11: EBITDA per Ton Forecast from 2004 to 2011
Chart 12: EBITDA per Ton by Region from 2006 to 2015
Chart 13: Baosteel Co. Ltd Distribution of Steel and Steel Products

About Emerging Markets Direct
Emerging Markets Direct is the online research store from ISI Emerging Markets, a Euromoney Institutional Investor Company. We deliver in-house industry research report, industry analysis and data vital to support all kinds of business decision, academic and research purposes. Our flagship product Emerging Markets Direct Report covers the top 20 industry sectors of India, China, Malaysia, Thailand, Indonesia, Vietnam and Indonesia. ISI Emerging Marketsin-house analysts crunch the numbers from our proprietary CEICdatabases and combine the results with on-the ground industry insight. The result is reliable, hard-to-get industry data, analysis and insight. Previously available only to subscribers of the ISI Emerging Markets Information Service,Emerging Market Direct reports are available now at our online research store. Our Other products are: CEIC snapshots, CEIC datatalk, Intellinews.