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Insurance in Middle East

Insurance in Middle East

Summary

Insurance in Middle East 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 Middle East 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 Middle Eastern insurance market had total gross written premiums of $36.2bn in 2016, representing a compound annual growth rate (CAGR) of 9.3% between 2012 and 2016.

The non-life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $25.4bn, equivalent to 70% of the market's overall value.

The sharp growth deceleration of the Middle Eastern market in 2016 was driven by the significant slowdown of the domestic economies of Gulf countries in 2016, due to the fall of oil prices. The reduced economic activity in these countries hurt demand in commercial lines of the insurance market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Middle East
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Middle East
  • 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 Middle East insurance market with five year forecasts
Reasons to buy
  • What was the size of the Middle East insurance market by value in 2016?
  • What will be the size of the Middle East insurance market in 2021?
  • What factors are affecting the strength of competition in the Middle East insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Middle East'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
Bupa Arabia
Clal Insurance Enterprises Holdings Ltd.
Harel Insurance Investments and Financial Services Ltd
The Company for Cooperative Insurance
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Middle East insurance market value: $ billion, 2012-16
Table 2: Middle East insurance market category segmentation: $ billion, 2016
Table 3: Middle East insurance market geography segmentation: $ billion, 2016
Table 4: Middle East insurance market value forecast: $ billion, 2016-21
Table 5: Bupa Arabia: key facts
Table 6: Bupa Arabia: key financials ($)
Table 7: Bupa Arabia: key financials (SAR)
Table 8: Bupa Arabia: key financial ratios
Table 9: Clal Insurance Enterprises Holdings Ltd.: key facts
Table 10: Clal Insurance Enterprises Holdings Ltd.: key financials ($)
Table 11: Clal Insurance Enterprises Holdings Ltd.: key financials (ILS)
Table 12: Clal Insurance Enterprises Holdings Ltd.: key financial ratios
Table 13: Harel Insurance Investments and Financial Services Ltd: key facts
Table 14: Harel Insurance Investments and Financial Services Ltd: key financials ($)
Table 15: Harel Insurance Investments and Financial Services Ltd: key financials (ILS)
Table 16: Harel Insurance Investments and Financial Services Ltd: key financial ratios
Table 17: The Company for Cooperative Insurance: key facts
Table 18: The Company for Cooperative Insurance: key financials ($)
Table 19: The Company for Cooperative Insurance: key financials (SAR)
Table 20: The Company for Cooperative Insurance: key financial ratios
List of Figures
Figure 1: Middle East insurance market value: $ billion, 2012-16
Figure 2: Middle East insurance market category segmentation: % share, by value, 2016
Figure 3: Middle East insurance market geography segmentation: % share, by value, 2016
Figure 4: Middle East insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Middle East, 2016
Figure 6: Drivers of buyer power in the insurance market in Middle East, 2016
Figure 7: Drivers of supplier power in the insurance market in Middle East, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Middle East, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Middle East, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Middle East, 2016
Figure 11: Bupa Arabia: revenues & profitability
Figure 12: Bupa Arabia: assets & liabilities
Figure 13: Clal Insurance Enterprises Holdings Ltd.: revenues & profitability
Figure 14: Clal Insurance Enterprises Holdings Ltd.: assets & liabilities
Figure 15: Harel Insurance Investments and Financial Services Ltd: revenues & profitability
Figure 16: Harel Insurance Investments and Financial Services Ltd: assets & liabilities
Figure 17: The Company for Cooperative Insurance: revenues & profitability
Figure 18: The Company for Cooperative Insurance: assets & liabilities

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