Non-Life Insurance in Germany - Market Summary, Competitive Analysis and Forecast to 2025
Non-Life Insurance in Germany - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Non-Life Insurance in Germany industry profile provides top-line qualitative and quantitative summary information including: 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
Non-Life Insurance in Germany industry profile provides top-line qualitative and quantitative summary information including: 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 non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The German non-life insurance market had total gross written premiums of $151.9bn in 2020, representing a compound annual growth rate (CAGR) of 5.2% between 2016 and 2020.
- The motor segment was the market's most lucrative in 2020, with total gross written premiums of $58.5bn, equivalent to 38.5% of the market's overall value.
- Growth in the German non-life 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, and leading players in the non-life insurance market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Germany
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany non-life insurance market with five year forecasts by both value and volume
- What was the size of the Germany make-up market by value in 2020?
- What will be the size of the Germany make-up market in 2025?
- What factors are affecting the strength of competition in the Germany make-up market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's make-up 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. Allianz SE
8.2. AXA SA
8.3. R+V Versicherung AG
8.4. Talanx AG
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. Allianz SE
8.2. AXA SA
8.3. R+V Versicherung AG
8.4. Talanx AG
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 non-life insurance market value: $ billion, 2016–20
Table 2: Germany non–life insurance market category segmentation: $ billion, 2020
Table 3: Germany non–life insurance market geography segmentation: $ billion, 2020
Table 4: Germany non-life insurance market value forecast: $ billion, 2020–25
Table 5: Germany non-life insurance market share: % share, by value, 2020
Table 6: Allianz SE: key facts
Table 7: Allianz SE: Annual Financial Ratios
Table 8: Allianz SE: Key Employees
Table 9: Allianz SE: Key Employees Continued
Table 10: AXA SA: key facts
Table 11: AXA SA: Annual Financial Ratios
Table 12: AXA SA: Key Employees
Table 13: AXA SA: Key Employees Continued
Table 14: AXA SA: Key Employees Continued
Table 15: R+V Versicherung AG: key facts
Table 16: R+V Versicherung AG: Key Employees
Table 17: Talanx AG: key facts
Table 18: Talanx AG: Annual Financial Ratios
Table 19: Talanx AG: Key Employees
Table 20: Germany size of population (million), 2016–20
Table 21: Germany gdp (constant 2005 prices, $ billion), 2016–20
Table 22: Germany gdp (current prices, $ billion), 2016–20
Table 23: Germany inflation, 2016–20
Table 24: Germany consumer price index (absolute), 2016–20
Table 25: Germany exchange rate, 2016–20
Table 1: Germany non-life insurance market value: $ billion, 2016–20
Table 2: Germany non–life insurance market category segmentation: $ billion, 2020
Table 3: Germany non–life insurance market geography segmentation: $ billion, 2020
Table 4: Germany non-life insurance market value forecast: $ billion, 2020–25
Table 5: Germany non-life insurance market share: % share, by value, 2020
Table 6: Allianz SE: key facts
Table 7: Allianz SE: Annual Financial Ratios
Table 8: Allianz SE: Key Employees
Table 9: Allianz SE: Key Employees Continued
Table 10: AXA SA: key facts
Table 11: AXA SA: Annual Financial Ratios
Table 12: AXA SA: Key Employees
Table 13: AXA SA: Key Employees Continued
Table 14: AXA SA: Key Employees Continued
Table 15: R+V Versicherung AG: key facts
Table 16: R+V Versicherung AG: Key Employees
Table 17: Talanx AG: key facts
Table 18: Talanx AG: Annual Financial Ratios
Table 19: Talanx AG: Key Employees
Table 20: Germany size of population (million), 2016–20
Table 21: Germany gdp (constant 2005 prices, $ billion), 2016–20
Table 22: Germany gdp (current prices, $ billion), 2016–20
Table 23: Germany inflation, 2016–20
Table 24: Germany consumer price index (absolute), 2016–20
Table 25: Germany exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Germany non-life insurance market value: $ billion, 2016–20
Figure 2: Germany non–life insurance market category segmentation: % share, by value, 2020
Figure 3: Germany non–life insurance market geography segmentation: % share, by value, 2020
Figure 4: Germany non-life insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the non-life insurance market in Germany, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in Germany, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in Germany, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Germany, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Germany, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Germany, 2020
Figure 11: Germany non-life insurance market share: % share, by value, 2020
Figure 1: Germany non-life insurance market value: $ billion, 2016–20
Figure 2: Germany non–life insurance market category segmentation: % share, by value, 2020
Figure 3: Germany non–life insurance market geography segmentation: % share, by value, 2020
Figure 4: Germany non-life insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the non-life insurance market in Germany, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in Germany, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in Germany, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Germany, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Germany, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Germany, 2020
Figure 11: Germany non-life insurance market share: % share, by value, 2020
