Global Insurance - Market Summary, Competitive Analysis and Forecast to 2025
Global Insurance - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Global Insurance industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Global Insurance industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The global insurance market had total gross written premiums of $6,130.5bn in 2020, representing a compound annual growth rate (CAGR) of 3.6% between 2016 and 2020.
- The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $3,405.6bn, equivalent to 55.6% of the market's overall value.
- The COVID-19 pandemic, which first emerged in China in late 2019 and spread across the rest of the world in early 2020, has had a significant impact on the global insurance market. Cuts to interest rates have hampered insurance companies’ profits, and there has been a reduction in demand for certain types of insurance, such as motor and travel, amid pandemic-mandated nationwide lockdown restrictions.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global insurance market
- 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 Global insurance market with five year forecasts by both value and volume
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1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Ping An Insurance (Group) Company of China, Ltd.
8.2. China Life Insurance Co Ltd
8.3. AXA SA
8.4. Allianz SE
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
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Ping An Insurance (Group) Company of China, Ltd.
8.2. China Life Insurance Co Ltd
8.3. AXA SA
8.4. Allianz SE
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: Global insurance market value: $ billion, 2016–20
Table 2: Global insurance market category segmentation: $ billion, 2020
Table 3: Global insurance market geography segmentation: $ billion, 2020
Table 4: Global insurance market value forecast: $ billion, 2020–25
Table 5: Global insurance market share: % share, by value, 2020
Table 6: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 7: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 8: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 9: China Life Insurance Co Ltd: key facts
Table 10: China Life Insurance Co Ltd: Annual Financial Ratios
Table 11: China Life Insurance Co Ltd: Key Employees
Table 12: China Life Insurance Co Ltd: Key Employees Continued
Table 13: AXA SA: key facts
Table 14: AXA SA: Annual Financial Ratios
Table 15: AXA SA: Key Employees
Table 16: AXA SA: Key Employees Continued
Table 17: AXA SA: Key Employees Continued
Table 18: Allianz SE: key facts
Table 19: Allianz SE: Annual Financial Ratios
Table 20: Allianz SE: Key Employees
Table 21: Allianz SE: Key Employees Continued
Table 22: Global exchange rate, 2016–20
Table 1: Global insurance market value: $ billion, 2016–20
Table 2: Global insurance market category segmentation: $ billion, 2020
Table 3: Global insurance market geography segmentation: $ billion, 2020
Table 4: Global insurance market value forecast: $ billion, 2020–25
Table 5: Global insurance market share: % share, by value, 2020
Table 6: Ping An Insurance (Group) Company of China, Ltd.: key facts
Table 7: Ping An Insurance (Group) Company of China, Ltd.: Annual Financial Ratios
Table 8: Ping An Insurance (Group) Company of China, Ltd.: Key Employees
Table 9: China Life Insurance Co Ltd: key facts
Table 10: China Life Insurance Co Ltd: Annual Financial Ratios
Table 11: China Life Insurance Co Ltd: Key Employees
Table 12: China Life Insurance Co Ltd: Key Employees Continued
Table 13: AXA SA: key facts
Table 14: AXA SA: Annual Financial Ratios
Table 15: AXA SA: Key Employees
Table 16: AXA SA: Key Employees Continued
Table 17: AXA SA: Key Employees Continued
Table 18: Allianz SE: key facts
Table 19: Allianz SE: Annual Financial Ratios
Table 20: Allianz SE: Key Employees
Table 21: Allianz SE: Key Employees Continued
Table 22: Global exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Global insurance market value: $ billion, 2016–20
Figure 2: Global insurance market category segmentation: % share, by value, 2020
Figure 3: Global insurance market geography segmentation: % share, by value, 2020
Figure 4: Global insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the global insurance market, 2020
Figure 6: Drivers of buyer power in the global insurance market, 2020
Figure 7: Drivers of supplier power in the global insurance market, 2020
Figure 8: Factors influencing the likelihood of new entrants in the global insurance market, 2020
Figure 9: Factors influencing the threat of substitutes in the global insurance market, 2020
Figure 10: Drivers of degree of rivalry in the global insurance market, 2020
Figure 11: Global insurance market share: % share, by value, 2020
Figure 1: Global insurance market value: $ billion, 2016–20
Figure 2: Global insurance market category segmentation: % share, by value, 2020
Figure 3: Global insurance market geography segmentation: % share, by value, 2020
Figure 4: Global insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the global insurance market, 2020
Figure 6: Drivers of buyer power in the global insurance market, 2020
Figure 7: Drivers of supplier power in the global insurance market, 2020
Figure 8: Factors influencing the likelihood of new entrants in the global insurance market, 2020
Figure 9: Factors influencing the threat of substitutes in the global insurance market, 2020
Figure 10: Drivers of degree of rivalry in the global insurance market, 2020
Figure 11: Global insurance market share: % share, by value, 2020
