Insurance in South America - Market Summary, Competitive Analysis and Forecast to 2025
Insurance in South America - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Insurance in South America 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 South America 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 South American insurance market had total gross written premiums of $88.3bn in 2020, representing a compound annual growth rate (CAGR) of 5.1% between 2016 and 2020.
- The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $45.4bn, equivalent to 51.4% of the market's overall value.
- Consumer confidence has plummeted in 2020 due to the uncertainty brought about by the pandemic, whilst many consumers’ incomes have taken a hit due to the closure of businesses and industries under nationwide lockdown restrictions. This has restricted consumers’ ability to invest in insurance plans, causing the market to suffer.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in South America
- 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 South America insurance market with five year forecasts
- What was the size of the South America travel & tourism market by value in 2020?
- What will be the size of the South America travel & tourism market in 2025?
- What factors are affecting the strength of competition in the South America travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's travel & tourism 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. Is there any important M&A activity on the horizon for next year?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Mapfre SA
8.2. Banco Bradesco SA
8.3. Porto Seguro SA
8.4. Banco do Brasil SA
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. Is there any important M&A activity on the horizon for next year?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Mapfre SA
8.2. Banco Bradesco SA
8.3. Porto Seguro SA
8.4. Banco do Brasil SA
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: South America insurance market value: $ billion, 2016–20
Table 2: South America insurance market category segmentation: $ billion, 2020
Table 3: South America insurance market geography segmentation: $ billion, 2020
Table 4: South America insurance market value forecast: $ billion, 2020–25
Table 5: South America insurance market share: % share, by value, 2020
Table 6: Mapfre SA: key facts
Table 7: Mapfre SA: Annual Financial Ratios
Table 8: Mapfre SA: Key Employees
Table 9: Mapfre SA: Key Employees Continued
Table 10: Banco Bradesco SA: key facts
Table 11: Banco Bradesco SA: Annual Financial Ratios
Table 12: Banco Bradesco SA: Key Employees
Table 13: Porto Seguro SA: key facts
Table 14: Porto Seguro SA: Annual Financial Ratios
Table 15: Porto Seguro SA: Key Employees
Table 16: Banco do Brasil SA: key facts
Table 17: Banco do Brasil SA: Annual Financial Ratios
Table 18: Banco do Brasil SA: Key Employees
Table 19: South America exchange rate, 2016–20
Table 1: South America insurance market value: $ billion, 2016–20
Table 2: South America insurance market category segmentation: $ billion, 2020
Table 3: South America insurance market geography segmentation: $ billion, 2020
Table 4: South America insurance market value forecast: $ billion, 2020–25
Table 5: South America insurance market share: % share, by value, 2020
Table 6: Mapfre SA: key facts
Table 7: Mapfre SA: Annual Financial Ratios
Table 8: Mapfre SA: Key Employees
Table 9: Mapfre SA: Key Employees Continued
Table 10: Banco Bradesco SA: key facts
Table 11: Banco Bradesco SA: Annual Financial Ratios
Table 12: Banco Bradesco SA: Key Employees
Table 13: Porto Seguro SA: key facts
Table 14: Porto Seguro SA: Annual Financial Ratios
Table 15: Porto Seguro SA: Key Employees
Table 16: Banco do Brasil SA: key facts
Table 17: Banco do Brasil SA: Annual Financial Ratios
Table 18: Banco do Brasil SA: Key Employees
Table 19: South America exchange rate, 2016–20
LIST OF FIGURES
Figure 1: South America insurance market value: $ billion, 2016–20
Figure 2: South America insurance market category segmentation: % share, by value, 2020
Figure 3: South America insurance market geography segmentation: % share, by value, 2020
Figure 4: South America insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in South America, 2020
Figure 6: Drivers of buyer power in the insurance market in South America, 2020
Figure 7: Drivers of supplier power in the insurance market in South America, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in South America, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in South America, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in South America, 2020
Figure 11: South America insurance market share: % share, by value, 2020
Figure 1: South America insurance market value: $ billion, 2016–20
Figure 2: South America insurance market category segmentation: % share, by value, 2020
Figure 3: South America insurance market geography segmentation: % share, by value, 2020
Figure 4: South America insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in South America, 2020
Figure 6: Drivers of buyer power in the insurance market in South America, 2020
Figure 7: Drivers of supplier power in the insurance market in South America, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in South America, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in South America, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in South America, 2020
Figure 11: South America insurance market share: % share, by value, 2020
