Global Insurance industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. 350
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 is expected to generate total gross written premiums of $5,006.0bn in 2015, representing a compound annual growth rate (CAGR) of 4.5% between 2011 and 2015.
The life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $2,809.7bn, equivalent to 56.1% of the market's overall value.
In terms of non-life insurance, the US is the largest market globally, while Asia-Pacific is the largest market for life insurance.
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Key Questions Answered
What was the size of the Global insurance market by value in 2015?
What will be the size of the Global insurance market in 2020?
What factors are affecting the strength of competition in the Global insurance market?
How has the market performed over the last five years?
What are the main segments that make up the global's insurance market?