Global Insurance Industry – Forecast, Opportunities & Trends 2015-2020
The insurance industry is a major constituent of the economy by virtue of the amount of premiums it collects, the scale of its investment and, more fundamentally, the significant social and economic role it plays by covering personal and business risk.
Global insurance premiums expanded by 3.8% in real terms in 2015, amidst variations in regional growth rates. There was a strong growth in the advanced markets of Asia, and a marked progress in North America and Western Europe, contributing to a 3.6% boost in global premium from 2.4% growth in 2014. Growth also increased in Latin America but was slower in the Middle East and Central Asia, and Africa, and premiums contracted in Central and Eastern Europe.
In non-life insurance, the key players in advanced markets were Asia, showcasing the highest growth, and there was a considerable gain in North America also. Growth was moderate in Western Europe however this was a significant improvement from prior years of stagnation. Emerging markets continue their robust premium growth trend (+7.8%), primarily driven by China.
Taiyou Research’s report Global Insurance Industry– Forecast, Opportunities & Trends 2015-2020 analyzes the global insurance industry. The report covers the following:
An industry definition.
Analysis of the global insurance industry through an industry overview, industry growth analysis and an industry segmentation through industry segments as well as a geographic segmentation. We also include an analysis of the global market share.
Analysis of the global insurance industry through a Porter's Five Forces analysis. The analysis looks at buyer power, supplier power, competitive rivalry, threat of new entrants and threat of substitutes.
Analysis of the key regions in the global insurance industry through and industry overview, industry growth, industry segmentation, market share analysis and an industry forecast till 2020. Regions analyzed in the report include Asia Pacific, Europe, Middle East, North America and South America.
Key insurance markets analyzed in the report include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, India, Indonesia, Ireland, Israel, Italy, Japan, Kuwait, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Philippines, Poland, Portugal, Russia, South Africa, South Korea, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, United States and Venezuela. The report analyzes a total of 46 insurance markets.
Forecast of the global insurance industry up to 2020.
Analysis of 120 major industry players through a company analysis, financial analysis and a SWOT analysis. Major companies analyzed include the Allianz Group, AXA, Assicurazioni Generali, MetLife, New York Life Insurance, Northwestern Mutual Life Insurance and many others around the world.
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