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Motor Insurance in Japan

Motor Insurance in Japan

Summary

Motor Insurance in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Japan motor insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Findings

Save time carrying out entry-level research by identifying the size, growth, and leading players in the motor insurance market in Japan
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motor insurance market in Japan
Leading company profiles reveal details of key motor insurance market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Japan motor insurance market with five year forecasts
Macroeconomic indicators provide insight into general trends within the Japan economy

Reasons To Buy

What was the size of the Japan motor insurance market by value in 2014?
What will be the size of the Japan motor insurance market in 2019?
What factors are affecting the strength of competition in the Japan motor insurance market?
How has the market performed over the last five years?

Key Highlights

  • The motor insurance market consists of motor insurance for personal and commercial vehicles, including cars, light & heavy trucks, vans, motorcycles and mopeds. The value of the motor insurance market reflects gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the creation of this profile have been calculated using constant 2013 annual average exchange rates. The motor 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 intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and the growth of base drivers, such as population numbers, GDP growth, and long-term interest rates.
  • The Japanese motor insurance market is expected to generate total gross premium income of $67,687.5m in 2014, representing a compound annual growth rate (CAGR) of 4.6% between 2010 and 2014.
  • The personal segment is expected to be the market's most lucrative in 2014, with total gross premium income of $46,841.0m, equivalent to 69.2% of the market's overall value
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.5% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $76,551.4m by the end of 2019.


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
American International Group, Inc
MS&AD Insurance Group Holdings, Inc
NKSJ Holdings, Inc
Tokio Marine Holdings, Inc
Macroeconomic Indicators
Country Data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Japan motor insurance market value: $ million, 2010–14(e) ............................................................................ 8
Table 2: Japan motor insurance market category segmentation: $ million, 2014(e) ...................................................... 9
Table 3: Japan motor insurance market geography segmentation: $ million, 2014(e) ................................................. 10
Table 4: Japan motor insurance market value forecast: $ million, 2014–19 ................................................................. 11
Table 5: American International Group, Inc.: key facts ................................................................................................. 18
Table 6: American International Group, Inc.: key financials ($) .................................................................................... 20
Table 7: American International Group, Inc.: key financial ratios ................................................................................. 20
Table 8: MS&AD Insurance Group Holdings, Inc.: key facts ........................................................................................ 22
Table 9: MS&AD Insurance Group Holdings, Inc.: key financials ($) ........................................................................... 23
Table 10: MS&AD Insurance Group Holdings, Inc.: key financials (¥) ......................................................................... 23
Table 11: MS&AD Insurance Group Holdings, Inc.: key financial ratios ....................................................................... 23
Table 12: NKSJ Holdings, Inc.: key facts ..................................................................................................................... 25
Table 13: NKSJ Holdings, Inc.: key financials ($)......................................................................................................... 26
Table 14: NKSJ Holdings, Inc.: key financials (¥)......................................................................................................... 26
Table 15: NKSJ Holdings, Inc.: key financial ratios ...................................................................................................... 26
Table 16: Tokio Marine Holdings, Inc: key facts ........................................................................................................... 28
Table 17: Tokio Marine Holdings, Inc: key financials ($) .............................................................................................. 29
Table 18: Tokio Marine Holdings, Inc: key financials (¥) .............................................................................................. 29
Table 19: Tokio Marine Holdings, Inc: key financial ratios ........................................................................................... 29
Table 20: Japan size of population (million), 2010–14 ................................................................................................. 31
Table 21: Japan gdp (constant 2005 prices, $ billion), 2010–14 .................................................................................. 31
Table 22: Japan gdp (current prices, $ billion), 2010–14 ............................................................................................. 31
Table 23: Japan inflation, 2010–14 .............................................................................................................................. 32
Table 24: Japan consumer price index (absolute), 2010–14 ........................................................................................ 32
Table 25: Japan exchange rate, 2010–14 .................................................................................................................... 32
List of Figures
Figure 1: Japan motor insurance market value: $ million, 2010–14(e) ........................................................................... 8
Figure 2: Japan motor insurance market category segmentation: % share, by value, 2014(e) ...................................... 9
Figure 3: Japan motor insurance market geography segmentation: % share, by value, 2014(e) ................................. 10
Figure 4: Japan motor insurance market value forecast: $ million, 2014–19 ............................................................... 11
Figure 5: Forces driving competition in the motor insurance market in Japan, 2014.................................................... 12
Figure 6: Drivers of buyer power in the motor insurance market in Japan, 2014 ......................................................... 13
Figure 7: Drivers of supplier power in the motor insurance market in Japan, 2014 ...................................................... 14
Figure 8: Factors influencing the likelihood of new entrants in the motor insurance market in Japan, 2014 ................ 15
Figure 9: Factors influencing the threat of substitutes in the motor insurance market in Japan, 2014 ......................... 16
Figure 10: Drivers of degree of rivalry in the motor insurance market in Japan, 2014 ................................................. 17
Figure 11: American International Group, Inc.: revenues & profitability ....................................................................... 20
Figure 12: American International Group, Inc.: assets & liabilities ............................................................................... 21
Figure 13: MS&AD Insurance Group Holdings, Inc.: revenues & profitability ............................................................... 24
Figure 14: MS&AD Insurance Group Holdings, Inc.: assets & liabilities ....................................................................... 24
Figure 15: NKSJ Holdings, Inc.: revenues & profitability .............................................................................................. 27
Figure 16: NKSJ Holdings, Inc.: assets & liabilities ...................................................................................................... 27
Figure 17: Tokio Marine Holdings, Inc: revenues & profitability ................................................................................... 30
Figure 18: Tokio Marine Holdings, Inc: assets & liabilities ........................................................................................... 30

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