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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 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 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 $1,582.3bn in 2017, representing a compound annual growth rate (CAGR) of 7.7% between 2013 and 2017.
  • The life segment was the market's most lucrative in 2017, with total gross written premiums of $1,061.4bn, equivalent to 67.1% of the market's overall value.
  • China and Japan are the largest and second largest insurance markets in Asia-Pacific, accounting for 60.7% of the market’s value in 2017. Markets with low insurance penetration such as China and India, which have recorded double-digit rates of growth, have driven the value of the Asia-Pacific market in recent years. Moreover, modest growth of relatively saturated markets such as South Korea and Australia also contributed to the performance of the 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 2017?
  • What will be the size of the Asia-Pacific insurance market in 2022?
  • 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 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
China Life Insurance Co Ltd
Nippon Life Insurance Company
The People's Insurance Company (Group) of China Limited
Ping An Insurance (Group) Company of China, Ltd.
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Asia-Pacific insurance market value: $ billion, 2013-17
Table 2: Asia-Pacific insurance market category segmentation: $ billion, 2017
Table 3: Asia-Pacific insurance market geography segmentation: $ billion, 2017
Table 4: Asia-Pacific insurance market share: % share, by value, 2017
Table 5: Asia-Pacific insurance market value forecast: $ billion, 2017-22
Table 6: China Life Insurance Co Ltd: key facts
Table 7: China Life Insurance Co Ltd: key financials ($)
Table 8: China Life Insurance Co Ltd: key financials (CNY)
Table 9: China Life Insurance Co Ltd: key financial ratios
Table 10: Nippon Life Insurance Company: key facts
Table 11: Nippon Life Insurance Company: key financials ($)
Table 12: Nippon Life Insurance Company: key financials (¥)
Table 13: Nippon Life Insurance Company: 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 ($)
Table 16: The People's Insurance Company (Group) of China Limited: key financials (CNY)
Table 17: The People's Insurance Company (Group) of China Limited: key financial ratios
Table 18: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 19: Ping An Insurance (Group) Company of China, Ltd.: key financials ($)
Table 20: Ping An Insurance (Group) Company of China, Ltd.: key financials (CNY)
Table 21: Ping An Insurance (Group) Company of China, Ltd.: key financial ratios
List of Figures
Figure 1: Asia-Pacific insurance market value: $ billion, 2013-17
Figure 2: Asia-Pacific insurance market category segmentation: % share, by value, 2017
Figure 3: Asia-Pacific insurance market geography segmentation: % share, by value, 2017
Figure 4: Asia-Pacific insurance market share: % share, by value, 2017
Figure 5: Asia-Pacific insurance market value forecast: $ billion, 2017-22
Figure 6: Forces driving competition in the insurance market in Asia-Pacific, 2017
Figure 7: Drivers of buyer power in the insurance market in Asia-Pacific, 2017
Figure 8: Drivers of supplier power in the insurance market in Asia-Pacific, 2017
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Asia-Pacific, 2017
Figure 10: Factors influencing the threat of substitutes in the insurance market in Asia-Pacific, 2017
Figure 11: Drivers of degree of rivalry in the insurance market in Asia-Pacific, 2017
Figure 12: China Life Insurance Co Ltd: revenues & profitability
Figure 13: China Life Insurance Co Ltd: assets & liabilities
Figure 14: Nippon Life Insurance Company: revenues & profitability
Figure 15: Nippon Life Insurance Company: 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: Ping An Insurance (Group) Company of China, Ltd.: revenues & profitability
Figure 19: Ping An Insurance (Group) Company of China, Ltd.: assets & liabilities

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