Market Research Logo

Global Insurance

Global Insurance

Summary

Global Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.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 $4,760.8bn in 2017, representing a compound annual growth rate (CAGR) of 4.3% between 2013 and 2017.
  • The life segment was the market's most lucrative in 2017, with total gross written premiums of $2,611.1bn, equivalent to 54.8% of the market's overall value.
  • The rapid emergence of Asia-Pacific markets, particularly China, has largely contributed to the growth of the global market. This contribution becomes more apparent from the fact that developed markets such as those in Europe or the US have steadily fallen below the global average due to saturation and high penetration rates of non-life insurance. The low interest environment, especially in Europe, has eroded the investment income of insurers, preventing stimulation through premium undercutting means.
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 2017?
  • What will be the size of the Global insurance market in 2022?
  • 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 share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Allianz Group
China Life Insurance Co Ltd
The People's Insurance Company (Group) of China Limited
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, 2013-17
Table 2: Global insurance market category segmentation: $ billion, 2017
Table 3: Global insurance market geography segmentation: $ billion, 2017
Table 4: Global insurance market share: % share, by value, 2017
Table 5: Global insurance market value forecast: $ billion, 2017-22
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (€)
Table 9: Allianz Group: key financial ratios
Table 10: China Life Insurance Co Ltd: key facts
Table 11: China Life Insurance Co Ltd: key financials ($)
Table 12: China Life Insurance Co Ltd: key financials (CNY)
Table 13: China Life Insurance Co Ltd: key financial ratios
Table 14: The People's Insurance Company (Group) of China Limited: key facts
Table 15: The People's Insurance Company (Group) of China Limited: key financials ($)
Table 16: The People's Insurance Company (Group) of China Limited: key financials (CNY)
Table 17: The People's Insurance Company (Group) of China Limited: key financial ratios
Table 18: State Farm Mutual Automobile Insurance Company: key facts
Table 19: State Farm Mutual Automobile Insurance Company: key financials ($)
Table 20: State Farm Mutual Automobile Insurance Company: key financial ratios
List of Figures
Figure 1: Global insurance market value: $ billion, 2013-17
Figure 2: Global insurance market category segmentation: % share, by value, 2017
Figure 3: Global insurance market geography segmentation: % share, by value, 2017
Figure 4: Global insurance market share: % share, by value, 2017
Figure 5: Global insurance market value forecast: $ billion, 2017-22
Figure 6: Forces driving competition in the global insurance market, 2017
Figure 7: Drivers of buyer power in the global insurance market, 2017
Figure 8: Drivers of supplier power in the global insurance market, 2017
Figure 9: Factors influencing the likelihood of new entrants in the global insurance market, 2017
Figure 10: Factors influencing the threat of substitutes in the global insurance market, 2017
Figure 11: Drivers of degree of rivalry in the global insurance market, 2017
Figure 12: Allianz Group: revenues & profitability
Figure 13: Allianz Group: assets & liabilities
Figure 14: China Life Insurance Co Ltd: revenues & profitability
Figure 15: China Life Insurance Co Ltd: assets & liabilities
Figure 16: The People's Insurance Company (Group) of China Limited: revenues & profitability
Figure 17: The People's Insurance Company (Group) of China Limited: assets & liabilities
Figure 18: State Farm Mutual Automobile Insurance Company: revenues & profitability
Figure 19: State Farm Mutual Automobile Insurance Company: assets & liabilities

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report