Insurance in Germany - Market Summary, Competitive Analysis and Forecast to 2025
Insurance in Germany - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Insurance in Germany 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 Germany 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 German insurance market had total gross written premiums of $258.3bn 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 $151.9bn, equivalent to 58.8% of the market's overall value.
- Growth in the German insurance market has been supported by the uptake of new technology by insurance companies, a trend which is likely to continue across the forecast period as consumer preferences and demands continue to evolve.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Germany
- 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 Germany insurance market with five year forecasts
- What was the size of the Germany machinery market by value in 2020?
- What will be the size of the Germany machinery market in 2025?
- What factors are affecting the strength of competition in the Germany machinery market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's machinery market?
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 are the strengths of leading players?
7.5. What has been the rationale behind recent M&A activity?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Prudential Plc
8.2. Zurich Insurance Group Ltd
8.3. R+V Versicherung AG
8.4. Assicurazioni Generali SpA
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 are the strengths of leading players?
7.5. What has been the rationale behind recent M&A activity?
7.6. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Prudential Plc
8.2. Zurich Insurance Group Ltd
8.3. R+V Versicherung AG
8.4. Assicurazioni Generali SpA
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: Germany insurance market value: $ billion, 2016–20
Table 2: Germany insurance market category segmentation: $ billion, 2020
Table 3: Germany insurance market geography segmentation: $ billion, 2020
Table 4: Germany insurance market value forecast: $ billion, 2020–25
Table 5: Germany insurance market share: % share, by value, 2020
Table 6: Prudential Plc: key facts
Table 7: Prudential Plc: Annual Financial Ratios
Table 8: Prudential Plc: Key Employees
Table 9: Zurich Insurance Group Ltd: key facts
Table 10: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 11: Zurich Insurance Group Ltd: Key Employees
Table 12: Zurich Insurance Group Ltd: Key Employees Continued
Table 13: R+V Versicherung AG: key facts
Table 14: R+V Versicherung AG: Key Employees
Table 15: Assicurazioni Generali SpA: key facts
Table 16: Assicurazioni Generali SpA: Annual Financial Ratios
Table 17: Assicurazioni Generali SpA: Key Employees
Table 18: Assicurazioni Generali SpA: Key Employees Continued
Table 19: Germany size of population (million), 2016–20
Table 20: Germany gdp (constant 2005 prices, $ billion), 2016–20
Table 21: Germany gdp (current prices, $ billion), 2016–20
Table 22: Germany inflation, 2016–20
Table 23: Germany consumer price index (absolute), 2016–20
Table 24: Germany exchange rate, 2016–20
Table 1: Germany insurance market value: $ billion, 2016–20
Table 2: Germany insurance market category segmentation: $ billion, 2020
Table 3: Germany insurance market geography segmentation: $ billion, 2020
Table 4: Germany insurance market value forecast: $ billion, 2020–25
Table 5: Germany insurance market share: % share, by value, 2020
Table 6: Prudential Plc: key facts
Table 7: Prudential Plc: Annual Financial Ratios
Table 8: Prudential Plc: Key Employees
Table 9: Zurich Insurance Group Ltd: key facts
Table 10: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 11: Zurich Insurance Group Ltd: Key Employees
Table 12: Zurich Insurance Group Ltd: Key Employees Continued
Table 13: R+V Versicherung AG: key facts
Table 14: R+V Versicherung AG: Key Employees
Table 15: Assicurazioni Generali SpA: key facts
Table 16: Assicurazioni Generali SpA: Annual Financial Ratios
Table 17: Assicurazioni Generali SpA: Key Employees
Table 18: Assicurazioni Generali SpA: Key Employees Continued
Table 19: Germany size of population (million), 2016–20
Table 20: Germany gdp (constant 2005 prices, $ billion), 2016–20
Table 21: Germany gdp (current prices, $ billion), 2016–20
Table 22: Germany inflation, 2016–20
Table 23: Germany consumer price index (absolute), 2016–20
Table 24: Germany exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Germany insurance market value: $ billion, 2016–20
Figure 2: Germany insurance market category segmentation: % share, by value, 2020
Figure 3: Germany insurance market geography segmentation: % share, by value, 2020
Figure 4: Germany insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Germany, 2020
Figure 6: Drivers of buyer power in the insurance market in Germany, 2020
Figure 7: Drivers of supplier power in the insurance market in Germany, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Germany, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Germany, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Germany, 2020
Figure 11: Germany insurance market share: % share, by value, 2020
Figure 1: Germany insurance market value: $ billion, 2016–20
Figure 2: Germany insurance market category segmentation: % share, by value, 2020
Figure 3: Germany insurance market geography segmentation: % share, by value, 2020
Figure 4: Germany insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Germany, 2020
Figure 6: Drivers of buyer power in the insurance market in Germany, 2020
Figure 7: Drivers of supplier power in the insurance market in Germany, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Germany, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Germany, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Germany, 2020
Figure 11: Germany insurance market share: % share, by value, 2020
