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Insurance in Asia-Pacific

Insurance in Asia-Pacific

Summary

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.

Synopsis

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.

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 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.

Scope

  • 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?


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
Nippon Life Insurance Company
China Life Insurance Company Limited
The Dai-ichi Life Insurance Co Ltd
Japan Post Insurance Co., Ltd.
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Asia-Pacific insurance market value: $ billion, 2012-16
Table 2: Asia-Pacific insurance market category segmentation: $ billion, 2016
Table 3: Asia-Pacific insurance market geography segmentation: $ billion, 2016
Table 4: Asia-Pacific insurance market value forecast: $ billion, 2016-21
Table 5: Nippon Life Insurance Company: key facts
Table 6: Nippon Life Insurance Company: key financials ($)
Table 7: Nippon Life Insurance Company: key financials (¥)
Table 8: Nippon Life Insurance Company: key financial ratios
Table 9: China Life Insurance Company Limited: key facts
Table 10: China Life Insurance Company Limited: key financials ($)
Table 11: China Life Insurance Company Limited: key financials (CNY)
Table 12: China Life Insurance Company Limited: key financial ratios
Table 13: The Dai-ichi Life Insurance Co Ltd: key facts
Table 14: The Dai-ichi Life Insurance Co Ltd: key financials ($)
Table 15: The Dai-ichi Life Insurance Co Ltd: key financials (¥)
Table 16: The Dai-ichi Life Insurance Co Ltd: key financial ratios
Table 17: Japan Post Insurance Co., Ltd.: key facts
Table 18: Japan Post Insurance Co., Ltd.: key financials ($)
Table 19: Japan Post Insurance Co., Ltd.: key financials (¥)
Table 20: Japan Post Insurance Co., Ltd.: key financial ratios
List of Figures
Figure 1: Asia-Pacific insurance market value: $ billion, 2012-16
Figure 2: Asia-Pacific insurance market category segmentation: % share, by value, 2016
Figure 3: Asia-Pacific insurance market geography segmentation: % share, by value, 2016
Figure 4: Asia-Pacific insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Asia-Pacific, 2016
Figure 6: Drivers of buyer power in the insurance market in Asia-Pacific, 2016
Figure 7: Drivers of supplier power in the insurance market in Asia-Pacific, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Asia-Pacific, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Asia-Pacific, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Asia-Pacific, 2016
Figure 11: Nippon Life Insurance Company: revenues & profitability
Figure 12: Nippon Life Insurance Company: assets & liabilities
Figure 13: China Life Insurance Company Limited: revenues & profitability
Figure 14: China Life Insurance Company Limited: assets & liabilities
Figure 15: The Dai-ichi Life Insurance Co Ltd: revenues & profitability
Figure 16: The Dai-ichi Life Insurance Co Ltd: assets & liabilities
Figure 17: Japan Post Insurance Co., Ltd.: revenues & profitability
Figure 18: Japan Post Insurance Co., Ltd.: assets & liabilities

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