Australia Life Insurance Industry Analyzed in New IBISWorld Report Now Available at MarketPublishers.com29 May 2012 • by Natalie Aster
LONDON – The financial crisis made a lot of people to realize the importance of financial security, including life insurance. Though, growing demand for traditional life insurance has not been reflected in the life insurance industry's revenue performance. The lingering effects of the financial turmoil are weighing upon revenue streams that rely heavily on investment returns. During 2011-2012, industry revenue is expected to decline 14.4% to be worth USD 55.3 billion. This is 34.2% down on 2006-2007, or an 8.0% decline compounded annually.
New market research report “ Life Insurance in Australia” elaborated by IBISWorld has been recently published by Market Publishers Ltd.
Life Insurance in Australia
Published: April, 2012
Price: US$ 910,00
The market research report is aimed to provide an in-depth understanding of the scope, size, disposition and growth potential of Australia’s life insurance industry including the key sensitivities and success factors. Furthermore, the study features elaborate five-year forecasts illustrating the industry’s future development path as well as offers a comprehensive review of the top companies along with their market shares.
Major companied discussed in the report include: Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank Limited, Suncorp Group Limited, and AMP Limited.
More new market research reports by the publisher can be found at IBISWorld page.