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Insurance in Pakistan

Insurance in Pakistan

Summary

Insurance in Pakistan 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 Pakistan 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 Pakistani insurance market had total gross written premiums of $2.7bn in 2016, representing a compound annual growth rate (CAGR) of 16.7% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $1.8bn, equivalent to 65.1% of the market's overall value.

The accelerating growth of the Pakistani economy since 2011 means that the income of the population tends to rise as well as its financial inclusion, with demand for insurance products growing at strong rates amid extremely low penetration.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Pakistan
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Pakistan
  • 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 Pakistan insurance market with five year forecasts
Reasons to buy
  • What was the size of the Pakistan insurance market by value in 2016?
  • What will be the size of the Pakistan insurance market in 2021?
  • What factors are affecting the strength of competition in the Pakistan insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Pakistan'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
EFU Life Assurance Ltd.
Jubilee Life Insurance Company Limited
MetLife, Inc.
State Life Insurance Corporation of Pakistan
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Pakistan insurance market value: $ billion, 2012-16
Table 2: Pakistan insurance market category segmentation: $ billion, 2016
Table 3: Pakistan insurance market geography segmentation: $ billion, 2016
Table 4: Pakistan insurance market value forecast: $ billion, 2016-21
Table 5: EFU Life Assurance Ltd.: key facts
Table 6: EFU Life Assurance Ltd.: key financials ($)
Table 7: EFU Life Assurance Ltd.: key financials (PKR)
Table 8: EFU Life Assurance Ltd.: key financial ratios
Table 9: Jubilee Life Insurance Company Limited: key facts
Table 10: Jubilee Life Insurance Company Limited: key financials ($)
Table 11: Jubilee Life Insurance Company Limited: key financials (PKR)
Table 12: Jubilee Life Insurance Company Limited: key financial ratios
Table 13: MetLife, Inc.: key facts
Table 14: MetLife, Inc.: key financials ($)
Table 15: MetLife, Inc.: key financial ratios
Table 16: State Life Insurance Corporation of Pakistan: key facts
Table 17: State Life Insurance Corporation of Pakistan: key financials ($)
Table 18: State Life Insurance Corporation of Pakistan: key financials (PKR)
Table 19: State Life Insurance Corporation of Pakistan: key financial ratios
Table 20: Pakistan size of population (million), 2012-16
Table 21: Pakistan gdp (constant 2005 prices, $ billion), 2012-16
Table 22: Pakistan gdp (current prices, $ billion), 2012-16
Table 23: Pakistan inflation, 2012-16
Table 24: Pakistan consumer price index (absolute), 2012-16
Table 25: Pakistan exchange rate, 2012-16
List of Figures
Figure 1: Pakistan insurance market value: $ billion, 2012-16
Figure 2: Pakistan insurance market category segmentation: % share, by value, 2016
Figure 3: Pakistan insurance market geography segmentation: % share, by value, 2016
Figure 4: Pakistan insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Pakistan, 2016
Figure 6: Drivers of buyer power in the insurance market in Pakistan, 2016
Figure 7: Drivers of supplier power in the insurance market in Pakistan, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Pakistan, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Pakistan, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Pakistan, 2016
Figure 11: EFU Life Assurance Ltd.: revenues & profitability
Figure 12: EFU Life Assurance Ltd.: assets & liabilities
Figure 13: Jubilee Life Insurance Company Limited: revenues & profitability
Figure 14: Jubilee Life Insurance Company Limited: assets & liabilities
Figure 15: MetLife, Inc.: revenues & profitability
Figure 16: MetLife, Inc.: assets & liabilities
Figure 17: State Life Insurance Corporation of Pakistan: revenues & profitability
Figure 18: State Life Insurance Corporation of Pakistan: assets & liabilities

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