Market Research Logo

Liability Insurance in Australia to 2021: Market Size, Growth and Forecast Analytics

Liability Insurance in Australia to 2021: Market Size, Growth and Forecast Analytics

Synopsis

Timetric’s "Liability Insurance in Australia to 2021: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Liability Insurance in Australia. This databook provides values for key performance indicators such as policies and premiums (direct written premiums, net written premiums, net earned premiums, insurance penetration (ratio of direct premiums to GDP) and number of active policies), claims & expenses (gross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%)) and segmented by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability).

The research handbook provides the up-to-date market data for period 2011-2015 and illustrative forecast to 2020. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.

Summary

Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy. Examples of liability insurance include Directors & Officers Liability, Workmen's Compensation & Professional Liability.

The total amount of direct written premiums in the liability insurance in Australia is valued at AUDxxx.xx billion (US$xxx.xx billion) in 2016, which is an increase of xx.xx% from 2012. The category has recorded a CAGR of xx.xx% during the review period (2012-2016).

Liability Insurance in Australia to 2021: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in Australia. It is an essential tool for companies active across the Australia value chain and for new players considering to enter the market.

Scope

Liability Insurance in Australia to 2021: Market Size, Growth and Forecast Analytics provides you with the following:

  • Overall values of policies and premiums and claims & expenses in the Liability Insurance
  • Values of policies and premiums by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability)
Reasons To Buy
  • Understand the non-life insurance industry covering liability insurance life in Australia.
  • Enhance your knowledge of the market with a breakdown of data including direct written premiums, net written premiums, net earned premiums, insurance penetration (ratio of direct premiums to GDP) and number of active policiesgross claims, paid claims, change in outstanding reserves, incurred loss and loss ratio (%) and segmented by product type (workmen's compensation/industrial accident/employer's liability, professional liability and other liability).
  • Allows you to plan future business decisions using the forecast figures given for the segment.
  • The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.


1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 CAGR Definition and Calculation
2 Liability Insurance
2.1 Policies and Premiums
2.1.1 Direct Written Premiums, 2012 - 2016
2.1.2 Direct Written Premiums Forecast, 2017 - 2021
2.1.3 Net Written Premiums, 2012 - 2016
2.1.4 Net Written Premium Forecast, 2017 - 2021
2.1.5 Net Earned Premiums, 2012 - 2016
2.1.6 Net Earned Premiums Forecast, 2017 - 2021
2.1.7 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
2.1.8 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
2.1.9 Number of Active Policies, 2012 - 2016
2.1.10 Number of Active Policies Forecast, 2017 - 2021
2.2 Claims and Expenses
2.2.1 Gross Claims, 2012 - 2016
2.2.2 Gross Claims Forecast, 2017 - 2021
2.2.3 Paid Claims, 2012 - 2016
2.2.4 Paid Claims Forecast, 2017 - 2021
2.2.5 Change in Outstanding Reserves, 2012 - 2016
2.2.6 Change in Outstanding Reserves Forecast, 2017 - 2021
2.2.7 Incurred Loss, 2012 - 2016
2.2.8 Incurred Loss Forecast, 2017 - 2021
2.2.9 Loss Ratio %, 2012 - 2016
2.2.10 Loss Ratio (%) Forecast, 2017 - 2021
3 Liability Insurance - by Product Type
3.1 Workmen's Compensation/Industrial Accident/Employer's Liability
3.1.1 Direct Written Premiums, 2012 - 2016
3.1.2 Direct Written Premiums Forecast, 2017 - 2021
3.1.3 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.1.4 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.1.5 Number of Active Policies, 2012 - 2016
3.1.6 Number of Active Policies Forecast, 2017 - 2021
3.2 Professional Liability
3.2.1 Direct Written Premiums, 2012 - 2016
3.2.2 Direct Written Premiums Forecast, 2017 - 2021
3.2.3 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.2.4 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.2.5 Number of Active Policies, 2012 - 2016
3.2.6 Number of Active Policies Forecast, 2017 - 2021
3.3 Other Liability
3.3.1 Direct Written Premiums, 2012 - 2016
3.3.2 Direct Written Premiums Forecast, 2017 - 2021
3.3.3 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.3.4 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.3.5 Number of Active Policies, 2012 - 2016
3.3.6 Number of Active Policies Forecast, 2017 - 2021
4 Appendix
4.1 Exchange Rates
4.2 About Timetric
4.3 Timetric’s Services
4.4 Disclaimer
List of Tables
Table 1: Timetric - Insurance Market Definitions
Table 2: Australian Liability Insurance; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 3: Australian Liability Insurance; Direct Written Premiums (AUD Billion), 2012 - 2016
Table 4: Australian Liability Insurance; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 5: Australian Liability Insurance; Direct Written Premiums (AUD Billion), 2017 - 2021
Table 6: Australian Liability Insurance; Net Written Premiums (US$ Billion), 2012 - 2016
Table 7: Australian Liability Insurance; Net Written Premiums (AUD Billion), 2012 - 2016
Table 8: Australian Liability Insurance; Net Written Premiums (US$ Billion), 2017 - 2021
Table 9: Australian Liability Insurance; Net Written Premiums (AUD Billion), 2017 - 2021
Table 10: Australian Liability Insurance; Net Earned Premiums (US$ Billion), 2012 - 2016
Table 11: Australian Liability Insurance; Net Earned Premiums (AUD Billion), 2012 - 2016
Table 12: Australian Liability Insurance; Net Earned Premiums (US$ Billion), 2017 - 2021
Table 13: Australian Liability Insurance; Net Earned Premiums (AUD Billion), 2017 - 2021
Table 14: Australian Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 15: Australian Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 16: Australian Liability Insurance; Number of Active Policies (Million), 2012 - 2016
Table 17: Australian Liability Insurance; Number of Active Policies (Million), 2017 - 2021
Table 18: Australian Liability Insurance; Gross Claims (US$ Billion), 2012 - 2016
Table 19: Australian Liability Insurance; Gross Claims (AUD Billion), 2012 - 2016
Table 20: Australian Liability Insurance; Gross Claims (US$ Billion), 2017 - 2021
Table 21: Australian Liability Insurance; Gross Claims (AUD Billion), 2017 - 2021
Table 22: Australian Liability Insurance; Paid Claims (US$ Billion), 2012 - 2016
Table 23: Australian Liability Insurance; Paid Claims (AUD Billion), 2012 - 2016
Table 24: Australian Liability Insurance; Paid Claims (US$ Billion), 2017 - 2021
Table 25: Australian Liability Insurance; Paid Claims (AUD Billion), 2017 - 2021
Table 26: Australian Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2012 - 2016
Table 27: Australian Liability Insurance; Change in Outstanding Reserves (AUD Billion), 2012 - 2016
Table 28: Australian Liability Insurance; Change in Outstanding Reserves (US$ Billion), 2017 - 2021
Table 29: Australian Liability Insurance; Change in Outstanding Reserves (AUD Billion), 2017 - 2021
Table 30: Australian Liability Insurance; Incurred Loss (US$ Billion), 2012 - 2016
Table 31: Australian Liability Insurance; Incurred Loss (AUD Billion), 2012 - 2016
Table 32: Australian Liability Insurance; Incurred Loss (US$ Billion), 2017 - 2021
Table 33: Australian Liability Insurance; Incurred Loss (AUD Billion), 2017 - 2021
Table 34: Australian Liability Insurance; Loss Ratio (%), 2012 - 2016
Table 35: Australian Liability Insurance; Loss Ratio (%), 2017 - 2021
Table 36: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 37: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (AUD Billion), 2012 - 2016
Table 38: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 39: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (AUD Billion), 2017 - 2021
Table 40: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 41: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 42: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2012 - 2016
Table 43: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2017 - 2021
Table 44: Australian Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 45: Australian Liability Insurance by Professional Liability; Direct Written Premiums (AUD Billion), 2012 - 2016
Table 46: Australian Liability Insurance by Professional Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 47: Australian Liability Insurance by Professional Liability; Direct Written Premiums (AUD Billion), 2017 - 2021
Table 48: Australian Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 49: Australian Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 50: Australian Liability Insurance by Professional Liability; Number of Active Policies (Million), 2012 - 2016
Table 51: Australian Liability Insurance by Professional Liability; Number of Active Policies (Million), 2017 - 2021
Table 52: Australian Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 53: Australian Liability Insurance by Other Liability; Direct Written Premiums (AUD Billion), 2012 - 2016
Table 54: Australian Liability Insurance by Other Liability; Direct Written Premiums (US$ Billion), 2017 - 2021
Table 55: Australian Liability Insurance by Other Liability; Direct Written Premiums (AUD Billion), 2017 - 2021
Table 56: Australian Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 57: Australian Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Table 58: Australian Liability Insurance by Other Liability; Number of Active Policies (Million), 2012 - 2016
Table 59: Australian Liability Insurance by Other Liability; Number of Active Policies (Million), 2017 - 2021
Table 60: Australian Exchange Rate (Annual Average), 2012 – 2016
Table 61: Australian Exchange Rate (Annual Average), 2017 – 2021 Forecast
List of Figures
Figure 1: Australian Liability Insurance; Direct Written Premiums (AUD Billion), 2012 - 2016
Figure 2: Australian Liability Insurance; Direct Written Premiums (AUD Billion), 2017 - 2021
Figure 3: Australian Liability Insurance; Net Written Premiums (AUD Billion), 2012 - 2016
Figure 4: Australian Liability Insurance; Net Written Premiums (AUD Billion), 2017 - 2021
Figure 5: Australian Liability Insurance; Net Earned Premiums (AUD Billion), 2012 - 2016
Figure 6: Australian Liability Insurance; Net Earned Premiums (AUD Billion), 2017 - 2021
Figure 7: Australian Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 8: Australian Liability Insurance; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 9: Australian Liability Insurance; Number of Active Policies (Million), 2012 - 2016
Figure 10: Australian Liability Insurance; Number of Active Policies (Million), 2017 - 2021
Figure 11: Australian Liability Insurance; Gross Claims (AUD Billion), 2012 - 2016
Figure 12: Australian Liability Insurance; Gross Claims (AUD Billion), 2017 - 2021
Figure 13: Australian Liability Insurance; Paid Claims (AUD Billion), 2012 - 2016
Figure 14: Australian Liability Insurance; Paid Claims (AUD Billion), 2017 - 2021
Figure 15: Australian Liability Insurance; Change in Outstanding Reserves (AUD Billion), 2012 - 2016
Figure 16: Australian Liability Insurance; Change in Outstanding Reserves (AUD Billion), 2017 - 2021
Figure 17: Australian Liability Insurance; Incurred Loss (AUD Billion), 2012 - 2016
Figure 18: Australian Liability Insurance; Incurred Loss (AUD Billion), 2017 - 2021
Figure 19: Australian Liability Insurance; Loss Ratio (%), 2012 - 2016
Figure 20: Australian Liability Insurance; Loss Ratio (%) 2017 - 2021
Figure 21: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (AUD Billion) 2012 - 2016
Figure 22: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Direct Written Premiums (AUD Billion), 2017 - 2021
Figure 23: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 24: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 25: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2012 - 2016
Figure 26: Australian Liability Insurance by Workmen's Compensation/Industrial Accident/Employer's Liability Number of Active Policies (Million), 2017 - 2021
Figure 27: Australian Liability Insurance by Professional Liability; Direct Written Premiums (AUD Billion) 2012 - 2016
Figure 28: Australian Liability Insurance by Professional Liability; Direct Written Premiums (AUD Billion) 2017 - 2021
Figure 29: Australian Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 30: Australian Liability Insurance by Professional Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 31: Australian Liability Insurance by Professional Liability; Number of Active Policies (Million), 2012 - 2016
Figure 32: Australian Liability Insurance by Professional Liability; Number of Active Policies (Million), 2017 - 2021
Figure 33: Australian Liability Insurance by Other Liability; Direct Written Premiums (AUD Billion) 2012 - 2016
Figure 34: Australian Liability Insurance by Other Liability; Direct Written Premiums (AUD Billion) 2017 - 2021
Figure 35: Australian Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 36: Australian Liability Insurance by Other Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017 - 2021
Figure 37: Australian Liability Insurance by Other Liability; Number of Active Policies (Million), 2012 - 2016
Figure 38: Australian Liability Insurance by Other Liability; Number of Active Policies (Million), 2017 - 2021

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report