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Life Insurance Global Industry Guide 2017

Life Insurance Global Industry Guide 2017

Summary

Global Life Insurance 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 global life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

Key highlights

  • The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2016 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
  • The global life insurance market had total gross written premiums of $2,563bn in 2016, representing a compound annual growth rate (CAGR) of 3.4% between 2012 and 2016.
  • The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $1,685.4bn, equivalent to 65.8% of the market's overall value.
  • Unlike most other global markets, the pension/annuity segment dominates in the US. This is primarily due to the dominance of the private sector as far as pension and insurance in the US are concerned.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global life insurance market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global life insurance market
  • Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global life insurance market with five year forecasts
Reasons to buy
  • What was the size of the global life insurance market by value in 2016?
  • What will be the size of the global life insurance market in 2021?
  • What factors are affecting the strength of competition in the global life insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the global life insurance market?


EXECUTIVE SUMMARY 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Introduction 23
What is this report about? 23
Who is the target reader? 23
How to use this report 23
Definitions 23
Global Life Insurance 24
Market Overview 24
Market Data 25
Market Segmentation 26
Market outlook 29
Five forces analysis 30
Life Insurance in Asia-Pacific 37
Market Overview 37
Market Data 39
Market Segmentation 40
Market outlook 43
Five forces analysis 44
Life Insurance in Europe 51
Market Overview 51
Market Data 52
Market Segmentation 53
Market outlook 56
Five forces analysis 57
Life Insurance in France 64
Market Overview 64
Market Data 65
Market Segmentation 66
Market outlook 69
Five forces analysis 70
Macroeconomic indicators 76
Life Insurance in Germany 78
Market Overview 78
Market Data 79
Market Segmentation 80
Market outlook 83
Five forces analysis 84
Macroeconomic indicators 90
Life Insurance in Italy 92
Market Overview 92
Market Data 93
Market Segmentation 94
Market outlook 97
Five forces analysis 98
Macroeconomic indicators 104
Life Insurance in Japan 106
Market Overview 106
Market Data 107
Market Segmentation 108
Market outlook 111
Five forces analysis 112
Macroeconomic indicators 119
Life Insurance in Australia 121
Market Overview 121
Market Data 122
Market Segmentation 123
Market outlook 126
Five forces analysis 127
Macroeconomic indicators 134
Life Insurance in Canada 136
Market Overview 136
Market Data 137
Market Segmentation 138
Market outlook 141
Five forces analysis 142
Macroeconomic indicators 149
Life Insurance in China 151
Market Overview 151
Market Data 152
Market Segmentation 153
Market outlook 156
Five forces analysis 157
Macroeconomic indicators 165
Life Insurance in The Netherlands 167
Market Overview 167
Market Data 168
Market Segmentation 169
Market outlook 172
Five forces analysis 173
Macroeconomic indicators 179
Life Insurance in Spain 181
Market Overview 181
Market Data 182
Market Segmentation 183
Market outlook 186
Five forces analysis 187
Macroeconomic indicators 193
Life Insurance in The United Kingdom 195
Market Overview 195
Market Data 196
Market Segmentation 197
Market outlook 200
Five forces analysis 201
Macroeconomic indicators 207
Life Insurance in The United States 209
Market Overview 209
Market Data 210
Market Segmentation 211
Market outlook 214
Five forces analysis 215
Macroeconomic indicators 222
Company Profiles 224
Leading Companies 224
Appendix 325
Methodology 325
About MarketLine 326
List of Tables
Table 1: Global life insurance market value: $ billion, 2012–16
Table 2: Global life insurance market category segmentation: $ billion, 2016
Table 3: Global life insurance market geography segmentation: $ billion, 2016
Table 4: Global life insurance market share: % share, by value, 2016
Table 5: Global life insurance market value forecast: $ billion, 2016–21
Table 6: Asia-Pacific life insurance market value: $ billion, 2012–16
Table 7: Asia–Pacific life insurance market category segmentation: $ billion, 2016
Table 8: Asia–Pacific life insurance market geography segmentation: $ billion, 2016
Table 9: Asia-Pacific life insurance market share: % share, by value, 2016
Table 10: Asia-Pacific life insurance market value forecast: $ billion, 2016–21
Table 11: Europe life insurance market value: $ billion, 2012–16
Table 12: Europe life insurance market category segmentation: $ billion, 2016
Table 13: Europe life insurance market geography segmentation: $ billion, 2016
Table 14: Europe life insurance market share: % share, by value, 2016
Table 15: Europe life insurance market value forecast: $ billion, 2016–21
Table 16: France life insurance market value: $ billion, 2012–16
Table 17: France life insurance market category segmentation: $ billion, 2016
Table 18: France life insurance market geography segmentation: $ billion, 2016
Table 19: France life insurance market share: % share, by value, 2016
Table 20: France life insurance market value forecast: $ billion, 2016–21
Table 21: France size of population (million), 2012–16
Table 22: France gdp (constant 2005 prices, $ billion), 2012–16
Table 23: France gdp (current prices, $ billion), 2012–16
Table 24: France inflation, 2012–16
Table 25: France consumer price index (absolute), 2012–16
Table 26: France exchange rate, 2012–16
Table 27: Germany life insurance market value: $ billion, 2012–16
Table 28: Germany life insurance market category segmentation: $ billion, 2016
Table 29: Germany life insurance market geography segmentation: $ billion, 2016
Table 30: Germany life insurance market share: % share, by value, 2016
Table 31: Germany life insurance market value forecast: $ billion, 2016–21
Table 32: Germany size of population (million), 2012–16
Table 33: Germany gdp (constant 2005 prices, $ billion), 2012–16
Table 34: Germany gdp (current prices, $ billion), 2012–16
Table 35: Germany inflation, 2012–16
Table 36: Germany consumer price index (absolute), 2012–16
Table 37: Germany exchange rate, 2012–16
Table 38: Italy life insurance market value: $ billion, 2012–16
Table 39: Italy life insurance market category segmentation: $ billion, 2016
Table 40: Italy life insurance market geography segmentation: $ billion, 2016
Table 41: Italy life insurance market share: % share, by value, 2016
Table 42: Italy life insurance market value forecast: $ billion, 2016–21
Table 43: Italy size of population (million), 2012–16
Table 44: Italy gdp (constant 2005 prices, $ billion), 2012–16
Table 45: Italy gdp (current prices, $ billion), 2012–16
Table 46: Italy inflation, 2012–16
Table 47: Italy consumer price index (absolute), 2012–16
Table 48: Italy exchange rate, 2012–16
Table 49: Japan life insurance market value: $ billion, 2012–16
Table 50: Japan life insurance market category segmentation: $ billion, 2016
Table 51: Japan life insurance market geography segmentation: $ billion, 2016
Table 52: Japan life insurance market share: % share, by value, 2016
Table 53: Japan life insurance market value forecast: $ billion, 2016–21
Table 54: Japan size of population (million), 2012–16
Table 55: Japan gdp (constant 2005 prices, $ billion), 2012–16
Table 56: Japan gdp (current prices, $ billion), 2012–16
Table 57: Japan inflation, 2012–16
Table 58: Japan consumer price index (absolute), 2012–16
Table 59: Japan exchange rate, 2012–16
Table 60: Australia life insurance market value: $ billion, 2012–16
Table 61: Australia life insurance market category segmentation: $ billion, 2016
Table 62: Australia life insurance market geography segmentation: $ billion, 2016
Table 63: Australia life insurance market share: % share, by value, 2016
Table 64: Australia life insurance market value forecast: $ billion, 2016–21
Table 65: Australia size of population (million), 2012–16
Table 66: Australia gdp (constant 2005 prices, $ billion), 2012–16
Table 67: Australia gdp (current prices, $ billion), 2012–16
Table 68: Australia inflation, 2012–16
Table 69: Australia consumer price index (absolute), 2012–16
Table 70: Australia exchange rate, 2012–16
Table 71: Canada life insurance market value: $ billion, 2012–16
Table 72: Canada life insurance market category segmentation: $ billion, 2016
Table 73: Canada life insurance market geography segmentation: $ billion, 2016
Table 74: Canada life insurance market share: % share, by value, 2016
Table 75: Canada life insurance market value forecast: $ billion, 2016–21
List of Figures
Figure 1: Global life insurance market value: $ billion, 2012–16
Figure 2: Global life insurance market category segmentation: % share, by value, 2016
Figure 3: Global life insurance market geography segmentation: % share, by value, 2016
Figure 4: Global life insurance market share: % share, by value, 2016
Figure 5: Global life insurance market value forecast: $ billion, 2016–21
Figure 6: Forces driving competition in the global life insurance market, 2016
Figure 7: Drivers of buyer power in the global life insurance market, 2016
Figure 8: Drivers of supplier power in the global life insurance market, 2016
Figure 9: Factors influencing the likelihood of new entrants in the global life insurance market, 2016
Figure 10: Factors influencing the threat of substitutes in the global life insurance market, 2016
Figure 11: Drivers of degree of rivalry in the global life insurance market, 2016
Figure 12: Asia-Pacific life insurance market value: $ billion, 2012–16
Figure 13: Asia–Pacific life insurance market category segmentation: % share, by value, 2016
Figure 14: Asia–Pacific life insurance market geography segmentation: % share, by value, 2016
Figure 15: Asia-Pacific life insurance market share: % share, by value, 2016
Figure 16: Asia-Pacific life insurance market value forecast: $ billion, 2016–21
Figure 17: Forces driving competition in the life insurance market in Asia-Pacific, 2016
Figure 18: Drivers of buyer power in the life insurance market in Asia-Pacific, 2016
Figure 19: Drivers of supplier power in the life insurance market in Asia-Pacific, 2016
Figure 20: Factors influencing the likelihood of new entrants in the life insurance market in Asia-Pacific, 2016
Figure 21: Factors influencing the threat of substitutes in the life insurance market in Asia-Pacific, 2016
Figure 22: Drivers of degree of rivalry in the life insurance market in Asia-Pacific, 2016
Figure 23: Europe life insurance market value: $ billion, 2012–16
Figure 24: Europe life insurance market category segmentation: % share, by value, 2016
Figure 25: Europe life insurance market geography segmentation: % share, by value, 2016
Figure 26: Europe life insurance market share: % share, by value, 2016
Figure 27: Europe life insurance market value forecast: $ billion, 2016–21
Figure 28: Forces driving competition in the life insurance market in Europe, 2016
Figure 29: Drivers of buyer power in the life insurance market in Europe, 2016
Figure 30: Drivers of supplier power in the life insurance market in Europe, 2016
Figure 31: Factors influencing the likelihood of new entrants in the life insurance market in Europe, 2016
Figure 32: Factors influencing the threat of substitutes in the life insurance market in Europe, 2016
Figure 33: Drivers of degree of rivalry in the life insurance market in Europe, 2016
Figure 34: France life insurance market value: $ billion, 2012–16
Figure 35: France life insurance market category segmentation: % share, by value, 2016
Figure 36: France life insurance market geography segmentation: % share, by value, 2016
Figure 37: France life insurance market share: % share, by value, 2016
Figure 38: France life insurance market value forecast: $ billion, 2016–21
Figure 39: Forces driving competition in the life insurance market in France, 2016
Figure 40: Drivers of buyer power in the life insurance market in France, 2016
Figure 41: Drivers of supplier power in the life insurance market in France, 2016
Figure 42: Factors influencing the likelihood of new entrants in the life insurance market in France, 2016
Figure 43: Factors influencing the threat of substitutes in the life insurance market in France, 2016
Figure 44: Drivers of degree of rivalry in the life insurance market in France, 2016
Figure 45: Germany life insurance market value: $ billion, 2012–16
Figure 46: Germany life insurance market category segmentation: % share, by value, 2016
Figure 47: Germany life insurance market geography segmentation: % share, by value, 2016
Figure 48: Germany life insurance market share: % share, by value, 2016
Figure 49: Germany life insurance market value forecast: $ billion, 2016–21
Figure 50: Forces driving competition in the life insurance market in Germany, 2016
Figure 51: Drivers of buyer power in the life insurance market in Germany, 2016
Figure 52: Drivers of supplier power in the life insurance market in Germany, 2016
Figure 53: Factors influencing the likelihood of new entrants in the life insurance market in Germany, 2016
Figure 54: Factors influencing the threat of substitutes in the life insurance market in Germany, 2016
Figure 55: Drivers of degree of rivalry in the life insurance market in Germany, 2016
Figure 56: Italy life insurance market value: $ billion, 2012–16
Figure 57: Italy life insurance market category segmentation: % share, by value, 2016
Figure 58: Italy life insurance market geography segmentation: % share, by value, 2016
Figure 59: Italy life insurance market share: % share, by value, 2016
Figure 60: Italy life insurance market value forecast: $ billion, 2016–21
Figure 61: Forces driving competition in the life insurance market in Italy, 2016
Figure 62: Drivers of buyer power in the life insurance market in Italy, 2016
Figure 63: Drivers of supplier power in the life insurance market in Italy, 2016
Figure 64: Factors influencing the likelihood of new entrants in the life insurance market in Italy, 2016
Figure 65: Factors influencing the threat of substitutes in the life insurance market in Italy, 2016
Figure 66: Drivers of degree of rivalry in the life insurance market in Italy, 2016
Figure 67: Japan life insurance market value: $ billion, 2012–16
Figure 68: Japan life insurance market category segmentation: % share, by value, 2016
Figure 69: Japan life insurance market geography segmentation: % share, by value, 2016
Figure 70: Japan life insurance market share: % share, by value, 2016
Figure 71: Japan life insurance market value forecast: $ billion, 2016–21
Figure 72: Forces driving competition in the life insurance market in Japan, 2016
Figure 73: Drivers of buyer power in the life insurance market in Japan, 2016
Figure 74: Drivers of supplier power in the life insurance market in Japan, 2016
Figure 75: Factors influencing the likelihood of new entrants in the life insurance market in Japan, 2016

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