Insurance Brokers in Russia

June 2017 | 32 pages | ID: I32AB005E8CEN
MarketLine

Abstracts

Insurance Brokers in Russia

SUMMARY

Insurance Brokers in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

SYNOPSIS

Essential resource for top-line data and analysis covering the Russia insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

KEY HIGHLIGHTS

• The insurance brokers sector is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2016 exchange rates.
• The Russian insurance brokers sector had total revenues of $392.4m in 2016, representing a compound annual growth rate (CAGR) of 3.9% between 2012 and 2016.
• The primary insurance segment was the sector's most lucrative in 2016, with total revenues of $298.6m, equivalent to 76.1% of the sector's overall value. The reinsurance segment contributed revenues of $93.9m in 2016, equating to 23.9% of the sector's aggregate value.
• The unstable growth pattern observed in the Russian sector is consistent with two trends. Firstly, it is the increasing penetration of insurance products in the country that drives growth in the sector. However, the contraction of the economy over the last two years had an impact on business insurance products were brokerage prevails, leading to a revenue loss for brokers. However, forecasts on the growth of the Russian economy in future will stimulate again brokerage business with corporate clients.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in Russia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in Russia
• 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 Russia insurance brokers market with five year forecasts

REASONS TO BUY

• What was the size of the Russia insurance brokers market by value in 2016?
• What will be the size of the Russia insurance brokers market in 2021?
• What factors are affecting the strength of competition in the Russia insurance brokers market?
• How has the market performed over the last five years?
• What are the main segments that make up Russia's insurance brokers market?

Contents

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
Aon plc
Colemont Russia
Malakut Group of Companies
Marsh & McLennan Companies, Inc.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Russia insurance brokers sector value: $ billion, 2012–16
Table 2: Russia insurance brokers sector category segmentation: $ billion, 2016
Table 3: Russia insurance brokers sector geography segmentation: $ billion, 2016
Table 4: Russia insurance brokers sector value forecast: $ billion, 2016–21
Table 5: Aon plc: key facts
Table 6: Aon plc: key financials ($)
Table 7: Aon plc: key financial ratios
Table 8: Colemont Russia: key facts
Table 9: Malakut Group of Companies: key facts
Table 10: Marsh & McLennan Companies, Inc.: key facts
Table 11: Marsh & McLennan Companies, Inc.: key financials ($)
Table 12: Marsh & McLennan Companies, Inc.: key financials (€)
Table 13: Marsh & McLennan Companies, Inc.: key financial ratios
Table 14: Russia size of population (million), 2012–16
Table 15: Russia gdp (constant 2005 prices, $ billion), 2012–16
Table 16: Russia gdp (current prices, $ billion), 2012–16
Table 17: Russia inflation, 2012–16
Table 18: Russia consumer price index (absolute), 2012–16
Table 19: Russia exchange rate, 2012–16

List Of Figures

LIST OF FIGURES

Figure 1: Russia insurance brokers sector value: $ billion, 2012–16
Figure 2: Russia insurance brokers sector category segmentation: % share, by value, 2016
Figure 3: Russia insurance brokers sector geography segmentation: % share, by value, 2016
Figure 4: Russia insurance brokers sector value forecast: $ billion, 2016–21
Figure 5: Forces driving competition in the insurance brokers sector in Russia, 2016
Figure 6: Drivers of buyer power in the insurance brokers sector in Russia, 2016
Figure 7: Drivers of supplier power in the insurance brokers sector in Russia, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in Russia, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in Russia, 2016
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in Russia, 2016
Figure 11: Aon plc: revenues & profitability
Figure 12: Aon plc: assets & liabilities
Figure 13: Marsh & McLennan Companies, Inc.: revenues & profitability
Figure 14: Marsh & McLennan Companies, Inc.: assets & liabilities

COMPANIES MENTIONED

Aon plc
Colemont Russia
Malakut Group of Companies
Marsh & McLennan Companies, Inc.