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Insurance in Ireland

Insurance in Ireland

Summary

Insurance in Ireland 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 Ireland 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 Irish insurance market had total gross written premiums of $59.3bn in 2016, representing a compound annual growth rate (CAGR) of 7.7% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $51.2bn, equivalent to 86.4% of the market's overall value.

The performance of the Irish market has been shaped by the life insurance segment, which is unusually the most lucrative. Interestingly, Irish consumers have not been significantly affected by lower returns of life insurance products induced by the relaxed monetary policy in the Euro Area.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Ireland
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Ireland
  • 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 Ireland insurance market with five year forecasts
Reasons to buy
  • What was the size of the Ireland insurance market by value in 2016?
  • What will be the size of the Ireland insurance market in 2021?
  • What factors are affecting the strength of competition in the Ireland insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Ireland'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
Allianz Group
Irish Life Assurance plc
New Ireland Assurance Company Plc
Zurich Insurance Group Ltd
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Ireland insurance market value: $ billion, 2012-16
Table 2: Ireland insurance market category segmentation: $ billion, 2016
Table 3: Ireland insurance market geography segmentation: $ billion, 2016
Table 4: Ireland insurance market value forecast: $ billion, 2016-21
Table 5: Allianz Group: key facts
Table 6: Allianz Group: key financials ($)
Table 7: Allianz Group: key financials (€)
Table 8: Allianz Group: key financial ratios
Table 9: Irish Life Assurance plc: key facts
Table 10: New Ireland Assurance Company Plc: key facts
Table 11: Zurich Insurance Group Ltd: key facts
Table 12: Zurich Insurance Group Ltd: key financials ($)
Table 13: Zurich Insurance Group Ltd: key financial ratios
Table 14: Ireland size of population (million), 2012-16
Table 15: Ireland gdp (constant 2005 prices, $ billion), 2012-16
Table 16: Ireland gdp (current prices, $ billion), 2012-16
Table 17: Ireland inflation, 2012-16
Table 18: Ireland consumer price index (absolute), 2012-16
Table 19: Ireland exchange rate, 2012-16
List of Figures
Figure 1: Ireland insurance market value: $ billion, 2012-16
Figure 2: Ireland insurance market category segmentation: % share, by value, 2016
Figure 3: Ireland insurance market geography segmentation: % share, by value, 2016
Figure 4: Ireland insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Ireland, 2016
Figure 6: Drivers of buyer power in the insurance market in Ireland, 2016
Figure 7: Drivers of supplier power in the insurance market in Ireland, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Ireland, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Ireland, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Ireland, 2016
Figure 11: Allianz Group: revenues & profitability
Figure 12: Allianz Group: assets & liabilities
Figure 13: Zurich Insurance Group Ltd: revenues & profitability
Figure 14: Zurich Insurance Group Ltd: assets & liabilities

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