Insurance in Belgium - Market Summary, Competitive Analysis and Forecast to 2025
Insurance in Belgium - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Insurance in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Belgian insurance market had total gross written premiums of $41.2bn in 2020, representing a compound annual growth rate (CAGR) of 4.4% between 2016 and 2020.
- The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $22.9bn, equivalent to 55.6% of the market's overall value.
- Demand for digital insurance solutions has been accelerated during the COVID-19 pandemic and could be a lucrative avenue for growth in the Belgian insurance market going forwards.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Belgium
- 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 Belgium insurance market with five year forecasts
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- How has the market performed over the last five years?
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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. AG Insurance SA/NV
8.2. AXA SA
8.3. Ethias SA
8.4. KBC Group NV
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. AG Insurance SA/NV
8.2. AXA SA
8.3. Ethias SA
8.4. KBC Group NV
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: Belgium insurance market value: $ billion, 2016–20
Table 2: Belgium insurance market category segmentation: $ billion, 2020
Table 3: Belgium insurance market geography segmentation: $ billion, 2020
Table 4: Belgium insurance market value forecast: $ billion, 2020–25
Table 5: Belgium insurance market share: % share, by value, 2020
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Annual Financial Ratios
Table 10: AXA SA: Key Employees
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Ethias SA: key facts
Table 14: Ethias SA: Key Employees
Table 15: KBC Group NV: key facts
Table 16: KBC Group NV: Annual Financial Ratios
Table 17: KBC Group NV: Key Employees
Table 18: Belgium size of population (million), 2016–20
Table 19: Belgium gdp (constant 2005 prices, $ billion), 2016–20
Table 20: Belgium gdp (current prices, $ billion), 2016–20
Table 21: Belgium inflation, 2016–20
Table 22: Belgium consumer price index (absolute), 2016–20
Table 23: Belgium exchange rate, 2016–20
Table 1: Belgium insurance market value: $ billion, 2016–20
Table 2: Belgium insurance market category segmentation: $ billion, 2020
Table 3: Belgium insurance market geography segmentation: $ billion, 2020
Table 4: Belgium insurance market value forecast: $ billion, 2020–25
Table 5: Belgium insurance market share: % share, by value, 2020
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Annual Financial Ratios
Table 10: AXA SA: Key Employees
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Ethias SA: key facts
Table 14: Ethias SA: Key Employees
Table 15: KBC Group NV: key facts
Table 16: KBC Group NV: Annual Financial Ratios
Table 17: KBC Group NV: Key Employees
Table 18: Belgium size of population (million), 2016–20
Table 19: Belgium gdp (constant 2005 prices, $ billion), 2016–20
Table 20: Belgium gdp (current prices, $ billion), 2016–20
Table 21: Belgium inflation, 2016–20
Table 22: Belgium consumer price index (absolute), 2016–20
Table 23: Belgium exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Belgium insurance market value: $ billion, 2016–20
Figure 2: Belgium insurance market category segmentation: % share, by value, 2020
Figure 3: Belgium insurance market geography segmentation: % share, by value, 2020
Figure 4: Belgium insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Belgium, 2020
Figure 6: Drivers of buyer power in the insurance market in Belgium, 2020
Figure 7: Drivers of supplier power in the insurance market in Belgium, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Belgium, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Belgium, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Belgium, 2020
Figure 11: Belgium insurance market share: % share, by value, 2020
Figure 1: Belgium insurance market value: $ billion, 2016–20
Figure 2: Belgium insurance market category segmentation: % share, by value, 2020
Figure 3: Belgium insurance market geography segmentation: % share, by value, 2020
Figure 4: Belgium insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Belgium, 2020
Figure 6: Drivers of buyer power in the insurance market in Belgium, 2020
Figure 7: Drivers of supplier power in the insurance market in Belgium, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Belgium, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Belgium, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Belgium, 2020
Figure 11: Belgium insurance market share: % share, by value, 2020
