Insurance Brokers in India - Market Summary, Competitive Analysis and Forecast to 2025
Insurance Brokers in India - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Insurance Brokers in India industry profile provides top-line qualitative and quantitative summary information including: market share, 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
Insurance Brokers in India industry profile provides top-line qualitative and quantitative summary information including: market share, 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 brokers market is valued in relation to the total brokerage revenue of General Insurance and Life Insurance & Pension.
- The Indian insurance brokers sector had total revenues of $0.1bn in 2020, representing a compound annual growth rate (CAGR) of 5.9% between 2016 and 2020.
- The life insurance and pension segment was the sector's most lucrative in 2020, with total revenues of $0.1bn, equivalent to 73.7% of the sector's overall value.
- The value of the Indian insurance brokers sector declined by 5% in 2020, as a result of the COVID-19 pandemic, which reduced demand for insurance products.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in India
- Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India insurance brokers market with five year forecasts by both value and volume
- What was the size of the India insurance brokers market by value in 2020?
- What will be the size of the India insurance brokers market in 2025?
- What factors are affecting the strength of competition in the India insurance brokers market?
- How has the market performed over the last five years?
- Who are the top competitors in India's insurance brokers market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What has been the recent M&A activity?
7.5. How did leading players perform in 2020?
7.6. What challenges do the leading players face?
8 COMPANY PROFILES
8.1. Marsh & McLennan Companies Asia-Pacific
8.2. Aon Plc
8.3. Aditya Birla Capital Advisors Pvt Ltd
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 rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What has been the recent M&A activity?
7.5. How did leading players perform in 2020?
7.6. What challenges do the leading players face?
8 COMPANY PROFILES
8.1. Marsh & McLennan Companies Asia-Pacific
8.2. Aon Plc
8.3. Aditya Birla Capital Advisors Pvt Ltd
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: India insurance brokers sector value: $ billion, 2016-20
Table 2: India insurance brokers sector category segmentation: $ billion, 2020
Table 3: India insurance brokers sector geography segmentation: $ billion, 2020
Table 4: India insurance brokers sector value forecast: $ billion, 2020-25
Table 5: Marsh & McLennan Companies Asia-Pacific: key facts
Table 6: Marsh & McLennan Companies Asia-Pacific: Key Employees
Table 7: Aon Plc: key facts
Table 8: Aon Plc: Annual Financial Ratios
Table 9: Aon Plc: Key Employees
Table 10: Aon Plc: Key Employees Continued
Table 11: Aditya Birla Capital Advisors Pvt Ltd: key facts
Table 12: Aditya Birla Capital Advisors Pvt Ltd: Key Employees
Table 13: India size of population (million), 2016-20
Table 14: India gdp (constant 2005 prices, $ billion), 2016-20
Table 15: India gdp (current prices, $ billion), 2016-20
Table 16: India inflation, 2016-20
Table 17: India consumer price index (absolute), 2016-20
Table 18: India exchange rate, 2016-20
Table 1: India insurance brokers sector value: $ billion, 2016-20
Table 2: India insurance brokers sector category segmentation: $ billion, 2020
Table 3: India insurance brokers sector geography segmentation: $ billion, 2020
Table 4: India insurance brokers sector value forecast: $ billion, 2020-25
Table 5: Marsh & McLennan Companies Asia-Pacific: key facts
Table 6: Marsh & McLennan Companies Asia-Pacific: Key Employees
Table 7: Aon Plc: key facts
Table 8: Aon Plc: Annual Financial Ratios
Table 9: Aon Plc: Key Employees
Table 10: Aon Plc: Key Employees Continued
Table 11: Aditya Birla Capital Advisors Pvt Ltd: key facts
Table 12: Aditya Birla Capital Advisors Pvt Ltd: Key Employees
Table 13: India size of population (million), 2016-20
Table 14: India gdp (constant 2005 prices, $ billion), 2016-20
Table 15: India gdp (current prices, $ billion), 2016-20
Table 16: India inflation, 2016-20
Table 17: India consumer price index (absolute), 2016-20
Table 18: India exchange rate, 2016-20
LIST OF FIGURES
Figure 1: India insurance brokers sector value: $ billion, 2016-20
Figure 2: India insurance brokers sector category segmentation: % share, by value, 2020
Figure 3: India insurance brokers sector geography segmentation: % share, by value, 2020
Figure 4: India insurance brokers sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance brokers sector in India, 2020
Figure 6: Drivers of buyer power in the insurance brokers sector in India, 2020
Figure 7: Drivers of supplier power in the insurance brokers sector in India, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in India, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in India, 2020
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in India, 2020
Figure 1: India insurance brokers sector value: $ billion, 2016-20
Figure 2: India insurance brokers sector category segmentation: % share, by value, 2020
Figure 3: India insurance brokers sector geography segmentation: % share, by value, 2020
Figure 4: India insurance brokers sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance brokers sector in India, 2020
Figure 6: Drivers of buyer power in the insurance brokers sector in India, 2020
Figure 7: Drivers of supplier power in the insurance brokers sector in India, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in India, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in India, 2020
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in India, 2020
