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Non-Life Insurance in Portugal

Publisher MarketLine
Published Dec 11, 2025
Length 44 Pages
SKU # MTLN21050366

Description

Non-Life Insurance in Portugal

Summary

Non-Life Insurance in Portugal industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
  • The Portuguese non-life insurance market recorded gross written premiums of $8.2 billion in 2024, representing a compound annual growth rate (CAGR) of 7.3% between 2019 and 2024.
  • The motor segment accounted for the market's largest proportion in 2024, with total gross written premiums of $2.2 billion, equivalent to 26.7% of the market's overall value.
  • In 2024, the Portuguese non-life insurance market recorded an annual growth of 11.1%. The growth is driven by a rise in the number of active non-life insurance policies, which expanded the premium base and strengthened insurers’ recurring revenue streams. According to the Supervisory Authority of Insurance and Pension Funds, in 2024, the number of active non-life insurance policies in Portugal reached 32.8 million, up 3.9% annually. This growth in active policies reflects increasing awareness of risk insurance.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Portugal
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Portugal
  • Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Portugal non-life insurance market with five year forecasts
Reasons to Buy
  • What was the size of the Portugal non-life insurance market by value in 2024?
  • What will be the size of the Portugal non-life insurance market in 2029?
  • What factors are affecting the strength of competition in the Portugal non-life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Portugal's non-life insurance market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. 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. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the most recent developments in the market?
8 Company Profiles
8.1. Assicurazioni Generali SpA
8.2. Allianz SE
8.3. AXA SA
8.4. Ocidental - Companhia Portuguesa de Seguros SA
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: Portugal non-life insurance market value: $ billion, 2019-24
Table 2: Portugal non-life insurance market category segmentation: % share, by value, 2019-24
Table 3: Portugal non-life insurance market category segmentation: $ billion, 2019-24
Table 4: Portugal non-life insurance market geography segmentation: $ billion, 2024
Table 5: Portugal non-life insurance market value forecast: $ billion, 2024-29
Table 6: Assicurazioni Generali SpA: Key Facts
Table 7: Assicurazioni Generali SpA: Annual Financial Ratios
Table 8: Assicurazioni Generali SpA: Key Employees
Table 9: Assicurazioni Generali SpA: Key Employees Continued
Table 10: Allianz SE: Key Facts
Table 11: Allianz SE: Annual Financial Ratios
Table 12: Allianz SE: Key Employees
Table 13: Allianz SE: Key Employees Continued
Table 14: AXA SA: Key Facts
Table 15: AXA SA: Annual Financial Ratios
Table 16: AXA SA: Key Employees
Table 17: AXA SA: Key Employees Continued
Table 18: Ocidental - Companhia Portuguesa de Seguros SA: Key Facts
Table 19: Portugal Size of Population (Million), 2020-24
Table 20: Portugal Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Portugal GDP (Current Prices, $ Billion), 2020-24
Table 22: Portugal Inflation, 2020-24
Table 23: Portugal Consumer Price Index (Absolute), 2020-24
Table 24: Portugal Exchange Rate, 2019-24
List of Figures
Figure 1: Portugal non-life insurance market value: $ billion, 2019-24
Figure 2: Portugal non-life insurance market category segmentation: $ billion, 2019-24
Figure 3: Portugal non-life insurance market geography segmentation: % share, by value, 2024
Figure 4: Portugal non-life insurance market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the non-life insurance market in Portugal, 2024
Figure 6: Drivers of buyer power in the non-life insurance market in Portugal, 2024
Figure 7: Drivers of supplier power in the non-life insurance market in Portugal, 2024
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Portugal, 2024
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Portugal, 2024
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Portugal, 2024

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