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Insurance in Germany

Insurance in Germany

Summary

Insurance in Germany 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 Germany 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 German insurance market had total gross written premiums of $222.9bn in 2017, representing a compound annual growth rate (CAGR) of 0.9% between 2013 and 2017.
  • The non-life segment was the market's most lucrative in 2017, with total gross written premiums of $126.0bn, equivalent to 56.5% of the market's overall value.
  • Germany is the third largest market in Europe, accounting for 25.5% of market value in 2017. The penetration of life insurance in Germany is rather weak as compared to France or the UK. In 2017, Swiss Re data shows that the penetration of life insurance in Germany stood at 6.0%, whereas in France and the UK it stood at 9.0% and 9.6% respectively. This suggests that cultural factors are potentially at play here.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Germany
  • 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 Germany insurance market with five year forecasts
Reasons to buy
  • What was the size of the Germany insurance market by value in 2017?
  • What will be the size of the Germany insurance market in 2022?
  • What factors are affecting the strength of competition in the Germany insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Germany'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
Assicurazioni Generali SpA
R+V Versicherung AG
Talanx AG
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Germany insurance market value: $ billion, 2013-17
Table 2: Germany insurance market category segmentation: $ billion, 2017
Table 3: Germany insurance market geography segmentation: $ billion, 2017
Table 4: Germany insurance market share: % share, by value, 2017
Table 5: Germany insurance market value forecast: $ billion, 2017-22
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (€)
Table 9: Allianz Group: key financial ratios
Table 10: Assicurazioni Generali SpA: key facts
Table 11: Assicurazioni Generali SpA: key financials ($)
Table 12: Assicurazioni Generali SpA: key financials (€)
Table 13: Assicurazioni Generali SpA: key financial ratios
Table 14: R+V Versicherung AG: key facts
Table 15: R+V Versicherung AG: key financials ($)
Table 16: R+V Versicherung AG: key financials (€)
Table 17: R+V Versicherung AG: key financial ratios
Table 18: Talanx AG: key facts
Table 19: Talanx AG: key financials ($)
Table 20: Talanx AG: key financials (€)
Table 21: Talanx AG: key financial ratios
Table 22: Germany size of population (million), 2013-17
Table 23: Germany gdp (constant 2005 prices, $ billion), 2013-17
Table 24: Germany gdp (current prices, $ billion), 2013-17
Table 25: Germany inflation, 2013-17
Table 26: Germany consumer price index (absolute), 2013-17
Table 27: Germany exchange rate, 2013-17
List of Figures
Figure 1: Germany insurance market value: $ billion, 2013-17
Figure 2: Germany insurance market category segmentation: % share, by value, 2017
Figure 3: Germany insurance market geography segmentation: % share, by value, 2017
Figure 4: Germany insurance market share: % share, by value, 2017
Figure 5: Germany insurance market value forecast: $ billion, 2017-22
Figure 6: Forces driving competition in the insurance market in Germany, 2017
Figure 7: Drivers of buyer power in the insurance market in Germany, 2017
Figure 8: Drivers of supplier power in the insurance market in Germany, 2017
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Germany, 2017
Figure 10: Factors influencing the threat of substitutes in the insurance market in Germany, 2017
Figure 11: Drivers of degree of rivalry in the insurance market in Germany, 2017
Figure 12: Allianz Group: revenues & profitability
Figure 13: Allianz Group: assets & liabilities
Figure 14: Assicurazioni Generali SpA: revenues & profitability
Figure 15: Assicurazioni Generali SpA: assets & liabilities
Figure 16: R+V Versicherung AG: revenues & profitability
Figure 17: R+V Versicherung AG: assets & liabilities
Figure 18: Talanx AG: revenues & profitability
Figure 19: Talanx AG: assets & liabilities

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