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Belgium Non-Life Insurance Market to 2027

Publisher MarketLine
Published Nov 17, 2023
Length 44 Pages
SKU # MTLN18456953

Description

Belgium Non-Life Insurance Market to 2027


Summary
Non-Life Insurance in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
  • The Belgian non-life insurance market had total gross written premiums of $13.9 billion in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
  • The motor segment accounted for the market's largest proportion in 2022, with total gross written premiums of $4.5 billion, equivalent to 32.7% of the market's overall value.
  • The flood disaster in 2021 that devastated most of Belgium resulted in significant material destruction in addition to a tremendous deal of human misery. These natural disasters are propelling the demand for property insurance.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Belgium
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Belgium
  • Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Belgium non-life insurance market with five year forecasts
Reasons to Buy
  • What was the size of the Belgium non-life insurance market by value in 2022?
  • What will be the size of the Belgium non-life insurance market in 2027?
  • What factors are affecting the strength of competition in the Belgium non-life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Belgium's non-life insurance market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. Has there been any significant M&A activity, partnership, and new product development in recent years?
8 Company Profiles
8.1. AG Insurance SA/NV
8.2. Allianz SE
8.3. AXA SA
8.4. Allianz Trade
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Belgium non-life insurance market value: $ billion, 2017–22
Table 2: Belgium non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Belgium non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Belgium non–life insurance market geography segmentation: $ billion, 2022
Table 5: Belgium non-life insurance market value forecast: $ billion, 2022–27
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: Allianz SE: key facts
Table 9: Allianz SE: Annual Financial Ratios
Table 10: Allianz SE: Key Employees
Table 11: Allianz SE: Key Employees Continued
Table 12: AXA SA: key facts
Table 13: AXA SA: Annual Financial Ratios
Table 14: AXA SA: Key Employees
Table 15: AXA SA: Key Employees Continued
Table 16: AXA SA: Key Employees Continued
Table 17: Allianz Trade: key facts
Table 18: Allianz Trade: Key Employees
Table 19: Belgium size of population (million), 2018–22
Table 20: Belgium gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Belgium gdp (current prices, $ billion), 2018–22
Table 22: Belgium inflation, 2018–22
Table 23: Belgium consumer price index (absolute), 2018–22
Table 24: Belgium exchange rate, 2018–22
List of Figures
Figure 1: Belgium non-life insurance market value: $ billion, 2017–22
Figure 2: Belgium non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Belgium non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: Belgium non-life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the non-life insurance market in Belgium, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Belgium, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Belgium, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Belgium, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Belgium, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Belgium, 2022

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