INTRODUCTION
Insurance in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). 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 Asia-Pacific insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
HIGHLIGHTS
Insurance in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). 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 Asia-Pacific insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
HIGHLIGHTS
- The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes. The life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. 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 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 growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2011 average exchange rates.
- The Asia-Pacific insurance market had total gross written premiums of $1,303.3 billion in 2011, representing a compound annual growth rate (CAGR) of 6.7% between 2007 and 2011.
- The life insurance segment was the market's most lucrative in 211, with total gross written premiums of $936.8 billion, equivalent to 71.9% of the market's overall value.
- The performance of the market is forecast to follow the similar pattern with an anticipated CARC of 6.6% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $1,797.8 billion by the end of 2016.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Asia-Pacific
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific insurance market with five year forecasts
- Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
- What was the size of the Asia-Pacific insurance market by value in 2011?
- What will be the size of the Asia-Pacific insurance market in 2016?
- What factors are affecting the strength of competition in the Asia-Pacific insurance market?
- How has the market performed over the last five years?
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
China Life Insurance Company Limited
Life Insurance Corporation of India
Meiji Yasuda Life Insurance Company
Nippon Life Insurance Company
Appendix
Methodology
Industry associations
Related MarketLine research
LIST OF TABLES
Table 1: Asia-Pacific insurance market value: $ billion, 2007–11
Table 2: Asia–Pacific insurance market category segmentation: $ billion, 2011
Table 3: Asia–Pacific insurance market geography segmentation: $ billion, 2011
Table 4: Asia-Pacific insurance market value forecast: $ billion, 2011–16
Table 5: China Life Insurance Company Limited: key facts
Table 6: China Life Insurance Company Limited: key financials ($)
Table 7: China Life Insurance Company Limited: key financials (CNY)
Table 8: China Life Insurance Company Limited: key financial ratios
Table 9: Life Insurance Corporation of India: key facts
Table 10: Meiji Yasuda Life Insurance Company: key facts
Table 11: Meiji Yasuda Life Insurance Company: key financials ($)
Table 12: Meiji Yasuda Life Insurance Company: key financials (¥)
Table 13: Meiji Yasuda Life Insurance Company: key financial ratios
Table 14: Nippon Life Insurance Company: key facts
Table 15: Nippon Life Insurance Company: key financials ($)
Table 16: Nippon Life Insurance Company: key financials (¥)
Table 17: Nippon Life Insurance Company: key financial ratios
LIST OF FIGURES
Figure 1: Asia-Pacific insurance market value: $ billion, 2007–11
Figure 2: Asia–Pacific insurance market category segmentation: % share, by value, 2011
Figure 3: Asia–Pacific insurance market geography segmentation: % share, by value, 2011
Figure 4: Asia-Pacific insurance market value forecast: $ billion, 2011–16
Figure 5: Forces driving competition in the insurance market in Asia-Pacific, 2011
Figure 6: Drivers of buyer power in the insurance market in Asia-Pacific, 2011
Figure 7: Drivers of supplier power in the insurance market in Asia-Pacific, 2011
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Asia-Pacific, 2011
Figure 9: Factors influencing the threat of substitutes in the insurance market in Asia-Pacific, 2011
Figure 10: Drivers of degree of rivalry in the insurance market in Asia-Pacific, 2011
Figure 11: China Life Insurance Company Limited: revenues & profitability
Figure 12: China Life Insurance Company Limited: assets & liabilities
Figure 13: Meiji Yasuda Life Insurance Company: revenues & profitability
Figure 14: Meiji Yasuda Life Insurance Company: assets & liabilities
Figure 15: Nippon Life Insurance Company: revenues & profitability
Figure 16: Nippon Life Insurance Company: assets & liabilities
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
China Life Insurance Company Limited
Life Insurance Corporation of India
Meiji Yasuda Life Insurance Company
Nippon Life Insurance Company
Appendix
Methodology
Industry associations
Related MarketLine research
LIST OF TABLES
Table 1: Asia-Pacific insurance market value: $ billion, 2007–11
Table 2: Asia–Pacific insurance market category segmentation: $ billion, 2011
Table 3: Asia–Pacific insurance market geography segmentation: $ billion, 2011
Table 4: Asia-Pacific insurance market value forecast: $ billion, 2011–16
Table 5: China Life Insurance Company Limited: key facts
Table 6: China Life Insurance Company Limited: key financials ($)
Table 7: China Life Insurance Company Limited: key financials (CNY)
Table 8: China Life Insurance Company Limited: key financial ratios
Table 9: Life Insurance Corporation of India: key facts
Table 10: Meiji Yasuda Life Insurance Company: key facts
Table 11: Meiji Yasuda Life Insurance Company: key financials ($)
Table 12: Meiji Yasuda Life Insurance Company: key financials (¥)
Table 13: Meiji Yasuda Life Insurance Company: key financial ratios
Table 14: Nippon Life Insurance Company: key facts
Table 15: Nippon Life Insurance Company: key financials ($)
Table 16: Nippon Life Insurance Company: key financials (¥)
Table 17: Nippon Life Insurance Company: key financial ratios
LIST OF FIGURES
Figure 1: Asia-Pacific insurance market value: $ billion, 2007–11
Figure 2: Asia–Pacific insurance market category segmentation: % share, by value, 2011
Figure 3: Asia–Pacific insurance market geography segmentation: % share, by value, 2011
Figure 4: Asia-Pacific insurance market value forecast: $ billion, 2011–16
Figure 5: Forces driving competition in the insurance market in Asia-Pacific, 2011
Figure 6: Drivers of buyer power in the insurance market in Asia-Pacific, 2011
Figure 7: Drivers of supplier power in the insurance market in Asia-Pacific, 2011
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Asia-Pacific, 2011
Figure 9: Factors influencing the threat of substitutes in the insurance market in Asia-Pacific, 2011
Figure 10: Drivers of degree of rivalry in the insurance market in Asia-Pacific, 2011
Figure 11: China Life Insurance Company Limited: revenues & profitability
Figure 12: China Life Insurance Company Limited: assets & liabilities
Figure 13: Meiji Yasuda Life Insurance Company: revenues & profitability
Figure 14: Meiji Yasuda Life Insurance Company: assets & liabilities
Figure 15: Nippon Life Insurance Company: revenues & profitability
Figure 16: Nippon Life Insurance Company: assets & liabilities
