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Global Insurance

Global Insurance

Summary

Global Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Global insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The global insurance market had total gross written premiums of $4,609.3bn in 2016, representing a compound annual growth rate (CAGR) of 4% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $2,563.0bn, equivalent to 55.6% of the market's overall value.

The rapid emergence of the Asia-Pacific market, and particularly of the Chinese market, has largely contributed to the growth of the global market in recent years. This contribution becomes more apparent from the fact that developed markets such as the European and the US have grown below the global average since demand is constrained by high penetration of insurance products. Additionally, the low interest environment, especially in Europe, has reduced the investment income of insurers, limiting the underwriting capacity of insurers and their price flexibility on premiums. Most importantly, the life insurance segment was hurt most by this relaxed monetary policy as the reduced returns of these products have induced lower guarantees that are less attractive for consumers.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globalinsurance market
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global insurance market with five year forecasts
Reasons to buy
  • What was the size of the Global insurance market by value in 2016?
  • What will be the size of the Global insurance market in 2021?
  • What factors are affecting the strength of competition in the Global insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in the global's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
AXA SA
Japan Post Insurance Co., Ltd.
Nippon Life Insurance Company
State Farm Mutual Automobile Insurance Company
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Global insurance market value: $ billion, 2012-16
Table 2: Global insurance market category segmentation: $ billion, 2016
Table 3: Global insurance market geography segmentation: $ billion, 2016
Table 4: Global insurance market value forecast: $ billion, 2016-21
Table 5: AXA SA: key facts
Table 6: AXA SA: key financials ($)
Table 7: AXA SA: key financials (€)
Table 8: AXA SA: key financial ratios
Table 9: Japan Post Insurance Co., Ltd.: key facts
Table 10: Japan Post Insurance Co., Ltd.: key financials ($)
Table 11: Japan Post Insurance Co., Ltd.: key financials (¥)
Table 12: Japan Post Insurance Co., Ltd.: key financial ratios
Table 13: Nippon Life Insurance Company: key facts
Table 14: Nippon Life Insurance Company: key financials ($)
Table 15: Nippon Life Insurance Company: key financials (¥)
Table 16: Nippon Life Insurance Company: key financial ratios
Table 17: State Farm Mutual Automobile Insurance Company: key facts
Table 18: State Farm Mutual Automobile Insurance Company: key financials ($)
Table 19: State Farm Mutual Automobile Insurance Company: key financial ratios
List of Figures
Figure 1: Global insurance market value: $ billion, 2012-16
Figure 2: Global insurance market category segmentation: % share, by value, 2016
Figure 3: Global insurance market geography segmentation: % share, by value, 2016
Figure 4: Global insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the global insurance market, 2016
Figure 6: Drivers of buyer power in the global insurance market, 2016
Figure 7: Drivers of supplier power in the global insurance market, 2016
Figure 8: Factors influencing the likelihood of new entrants in the global insurance market, 2016
Figure 9: Factors influencing the threat of substitutes in the global insurance market, 2016
Figure 10: Drivers of degree of rivalry in the global insurance market, 2016
Figure 11: AXA SA: revenues & profitability
Figure 12: AXA SA: assets & liabilities
Figure 13: Japan Post Insurance Co., Ltd.: revenues & profitability
Figure 14: Japan Post Insurance Co., Ltd.: assets & liabilities
Figure 15: Nippon Life Insurance Company: revenues & profitability
Figure 16: Nippon Life Insurance Company: assets & liabilities
Figure 17: State Farm Mutual Automobile Insurance Company: revenues & profitability
Figure 18: State Farm Mutual Automobile Insurance Company: assets & liabilities

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