Insurance in Asia-Pacific 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.
Essential resource for top-line data and analysis covering the Asia-Pacific insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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 Asia-Pacific insurance market had total gross written premiums of $1,502.7bn in 2016, representing a compound annual growth rate (CAGR) of 6.7% between 2012 and 2016.
The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $1,021.8bn, equivalent to 68% of the market's overall value.
The Chinese market has fuelled most of the growth of the Asia-Pacific market in recent years, surpassing the Japanese to become the largest market in this region. In detail, the immense double-digit growth rates of the Chinese market have followed an accelerating trend in recent years, whilst the Japanese market contracted significantly in 2016 similar to the Australian. The South Korean market was the only developed market that sustained growth in 2016. Emerging markets such as the Indian and Indonesian recorded a growth boost in written premiums in the last two years, adding to the strong growth trend of the Asia-Pacific market.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Asia-Pacific
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Asia-Pacific
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 Asia-Pacific insurance market with five year forecasts
Reasons to buy
What was the size of the Asia-Pacific insurance market by value in 2016?
What will be the size of the Asia-Pacific insurance market in 2021?
What factors are affecting the strength of competition in the Asia-Pacific insurance market?
How has the market performed over the last five years?
Who are the top competitiors in Asia-Pacific's insurance market?