Insurance in Israel - Market Summary, Competitive Analysis and Forecast to 2025
Insurance in Israel industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Israeli insurance market had total gross written premiums of $19.4bn in 2020, representing a compound annual growth rate (CAGR) of 3.5% between 2016 and 2020.
- The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $10.5bn, equivalent to 54% of the market's overall value.
- The COVID-19 pandemic has had a significant impact on the Israeli insurance market. Cuts to interest rates and a reduction in demand for certain types of insurance, such as motor and travel, have pushed the market into a decline in 2020.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Israel
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Israel
- 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 Israel insurance market with five year forecasts
Reasons to Buy
- What was the size of the Israel travel & tourism market by value in 2020?
- What will be the size of the Israel travel & tourism market in 2025?
- What factors are affecting the strength of competition in the Israel travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Israel's travel & tourism market?
Companies Mentioned
Harel Insurance Investments and Financial Services Ltd
The Phoenix Holdings Ltd
Clal Insurance Enterprises Holdings Ltd
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do leading players follow?
- 7.4. What has been the rationale behind recent M&A activity?
- 7.5. How has the COVID-19 outbreak impacted the market?
- 8 Company Profiles
- 8.1. Harel Insurance Investments and Financial Services Ltd
- 8.2. The Phoenix Holdings Ltd
- 8.3. Clal Insurance Enterprises Holdings Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Israel insurance market value: $ billion, 2016–20
- Table 2: Israel insurance market category segmentation: $ billion, 2020
- Table 3: Israel insurance market geography segmentation: $ billion, 2020
- Table 4: Israel insurance market value forecast: $ billion, 2020–25
- Table 5: Israel insurance market share: % share, by value, 2020
- Table 6: Harel Insurance Investments and Financial Services Ltd: key facts
- Table 7: Harel Insurance Investments and Financial Services Ltd: Annual Financial Ratios
- Table 8: Harel Insurance Investments and Financial Services Ltd: Key Employees
- Table 9: The Phoenix Holdings Ltd: key facts
- Table 10: The Phoenix Holdings Ltd: Annual Financial Ratios
- Table 11: The Phoenix Holdings Ltd: Key Employees
- Table 12: The Phoenix Holdings Ltd: Key Employees Continued
- Table 13: Clal Insurance Enterprises Holdings Ltd: key facts
- Table 14: Clal Insurance Enterprises Holdings Ltd: Annual Financial Ratios
- Table 15: Clal Insurance Enterprises Holdings Ltd: Key Employees
- Table 16: Clal Insurance Enterprises Holdings Ltd: Key Employees Continued
- Table 17: Israel size of population (million), 2016–20
- Table 18: Israel gdp (constant 2005 prices, $ billion), 2016–20
- Table 19: Israel gdp (current prices, $ billion), 2016–20
- Table 20: Israel inflation, 2016–20
- Table 21: Israel consumer price index (absolute), 2016–20
- Table 22: Israel exchange rate, 2016–19
- List of Figures
- Figure 1: Israel insurance market value: $ billion, 2016–20
- Figure 2: Israel insurance market category segmentation: % share, by value, 2020
- Figure 3: Israel insurance market geography segmentation: % share, by value, 2020
- Figure 4: Israel insurance market value forecast: $ billion, 2020–25
- Figure 5: Forces driving competition in the insurance market in Israel, 2020
- Figure 6: Drivers of buyer power in the insurance market in Israel, 2020
- Figure 7: Drivers of supplier power in the insurance market in Israel, 2020
- Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Israel, 2020
- Figure 9: Factors influencing the threat of substitutes in the insurance market in Israel, 2020
- Figure 10: Drivers of degree of rivalry in the insurance market in Israel, 2020
- Figure 11: Israel insurance market share: % share, by value, 2020
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