South Korean Insurance Industry Analysis (2007).

M2 PRESSWIRE-25 August 2008-www.companiesandmarkets.com: South Korean Insurance Industry Analysis (2007)(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:25082008

-www.companiesandmarkets.com adds new report: South Korean Insurance Industry Analysis (2007)

South Korean Insurance Industry Analysis (2007) provides extensive research and objective analysis of the growing insurance industry, its product quality, and services in South Korea. This report helps to analyze the leading-edge opportunities critical to the success of the insurance industry in South Korea. Detailed data and analysis helps investors, financial service providers, and global banking players to navigate through the evolving insurance market in South Korea.

Key Findings

Pension market and investment-linked products will drive the future market of South Korea.

With arrival of foreign insurers, customization of the insurance products has become the new buzzword (like Pension Schemes).

Health insurance market is showing a northward trend.

Assurance bank has emerged as the new concept in the South Korean insurance industry.

Growth of direct channel (includes Internet, telemarketing, home shopping, bank and direct contact with insurance agents is not taken under this) in South Korean insurance sector.

Key Issues and Facts Analyzed

The research report also addresses the issues and facts that are critical to business success:

What are the marketing strategies of the players in the insurance industry?

How is the growth in health insurance driving the insurance sector in South Korea?

What are the opportunities for the players in this industry and what are the challenges to sustain the growth of insurance market in South Korea?

What will be the prospective areas of investments in the insurance industry in the near future?

Which factors will lead to the growth of life and non-life insurance sector in South Korea?

Key Products Analyzed

Key products of the insurance sector, like Life and Non-life Insurance, have been analyzed prudently in the report supplemented with the facts like revenue growth and market trends.

Key Players

This section provides an overview of some of the key players operating in this industry in various sub-sectors, like in Life Insurance Sector - Samsung Life Insurance Co. Ltd., Korea Life Insurance, Kyobo Life Insurance & KB Life are the flag holders while in Non-life Insurance Sector - Samsung Fire & Marine Insurance, Hyundai Marine & Fire Insurance Co. Ltd., Dongbu Insurance are the leaders. In Reinsurance Sector - Korean Reinsurance Company is the key name.

Research Methodology Used

Information Sources

Information has been sourced from numerous sources like Books, Newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods

The analysis methods includes the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.

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