Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027

May 2023 | 426 pages | ID: NB3432E43198EN
MarketLine

Abstracts

Non-Life Insurance Market @Summary, Competitive Analysis and Forecast, 2018-2027

SUMMARY

Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-22, and forecast to 2027). 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.
• All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
• The global non-life insurance market had total gross written premiums of $3,895.8 million in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
• The Property segment accounted for market's the largest proportion in 2022, with total gross written premiums of $1,228.3 million, equivalent to 31.5% of the market's overall value.
• The Global non-life insurance market grew by 3.8% in 2022. The market experienced moderate growth in the historic period at a CAGR of 5.3% between 2017 and 2022.

SCOPE

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

REASONS TO BUY

• What was the size of the global non-life insurance market by value in 2022?
• What will be the size of the global non-life insurance market in 2027?
• What factors are affecting the strength of competition in the global non-life insurance market?
• How has the market performed over the last five years?
• Who are the top competitors in the global non-life insurance market?

Contents

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. Competitive landscape

2 INTRODUCTION

2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions

3 GLOBAL NON-LIFE INSURANCE

3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis

4 MACROECONOMIC INDICATORS

4.1. Country data

5 NON-LIFE INSURANCE IN ASIA-PACIFIC

5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis

6 NON-LIFE INSURANCE IN EUROPE

6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis

7 MACROECONOMIC INDICATORS

7.1. Country data

8 NON-LIFE INSURANCE IN FRANCE

8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis

9 MACROECONOMIC INDICATORS

9.1. Country data

10 NON-LIFE INSURANCE IN GERMANY

10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis

11 MACROECONOMIC INDICATORS

11.1. Country data

12 NON-LIFE INSURANCE IN ITALY

12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis

13 MACROECONOMIC INDICATORS

13.1. Country data

14 NON-LIFE INSURANCE IN JAPAN

14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis

15 MACROECONOMIC INDICATORS

15.1. Country data

16 NON-LIFE INSURANCE IN AUSTRALIA

16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis

17 MACROECONOMIC INDICATORS

17.1. Country data

18 NON-LIFE INSURANCE IN CANADA

18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis

19 MACROECONOMIC INDICATORS

19.1. Country data

20 NON-LIFE INSURANCE IN CHINA

20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis

21 MACROECONOMIC INDICATORS

21.1. Country data

22 NON-LIFE INSURANCE IN THE NETHERLANDS

22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis

23 MACROECONOMIC INDICATORS

23.1. Country data

24 NON-LIFE INSURANCE IN SPAIN

24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis

25 MACROECONOMIC INDICATORS

25.1. Country data

26 NON-LIFE INSURANCE IN THE UNITED KINGDOM

26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis

27 MACROECONOMIC INDICATORS

27.1. Country data

28 NON-LIFE INSURANCE IN THE UNITED STATES

28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis

29 MACROECONOMIC INDICATORS

29.1. Country data

30 COMPANY PROFILES

30.1. Zurich Insurance Group Ltd
30.2. Covea Mutual Insurance Group Co
30.3. Groupama Assurances Mutuelles
30.4. R+V Versicherung AG
30.5. Talanx AG
30.6. Assicurazioni Generali SpA
30.7. UnipolSai Assicurazioni SpA
30.8. MS&AD Insurance Group Holdings, Inc.
30.9. Sompo Holdings Inc
30.10. Tokio Marine Holdings Inc
30.11. Insurance Australia Group Ltd
30.12. Suncorp Group Ltd
30.13. QBE Insurance Group Ltd
30.14. Desjardins Group
30.15. Intact Financial Corp
30.16. The Co-Operators Group Ltd
30.17. China Life Insurance Co Ltd
30.18. China Pacific Insurance (Group) Co Ltd
30.19. The People's Insurance Company (Group) of China Ltd
30.20. Ping An Insurance (Group) Company of China, Ltd.
30.21. Achmea BV
30.22. ASR Nederland NV
30.23. Nationale-Nederlanden Levensverzekering Maatschappij N.V.
30.24. NN Group NV
30.25. Allianz SE
30.26. Mutua De Propietarios Seguros Y Reaseguros A Prima Fija
30.27. Mapfre SA
30.28. Aviva Plc
30.29. AXA SA
30.30. RSA Insurance Group Ltd
30.31. Direct Line Insurance Group Plc
30.32. Berkshire Hathaway Inc
30.33. Liberty Mutual Insurance Co
30.34. State Farm Mutual Automobile Insurance Co
30.35. The Progressive Corp

31 APPENDIX

31.1. Methodology
31.2. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Global non-life insurance market value: $ billion, 2017-22
Table 2: Global non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Global non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Global non–life insurance market geography segmentation: $ billion, 2022
Table 5: Global non-life insurance market share: % share, by value, 2022
Table 6: Global non-life insurance market value forecast: $ billion, 2022–27
Table 7: Global size of population (million), 2018–22
Table 8: Global gdp (constant 2005 prices, $ billion), 2018–22
Table 9: Global gdp (current prices, $ billion), 2018–22
Table 10: Global inflation, 2018–22
Table 11: Global consumer price index (absolute), 2018–22
Table 12: Global exchange rate, 2018–22
Table 13: Asia-Pacific non-life insurance market value: $ billion, 2017-22
Table 14: Asia–Pacific non–life insurance market category segmentation: % share, by value, 2017–2022
Table 15: Asia-Pacific non-life insurance market category segmentation: $ billion, 2017-2022
Table 16: Asia–Pacific non–life insurance market geography segmentation: $ billion, 2022
Table 17: Asia-Pacific non-life insurance market share: % share, by value, 2022
Table 18: Asia-Pacific non-life insurance market value forecast: $ billion, 2022–27
Table 19: Europe non-life insurance market value: $ billion, 2017-22
Table 20: Europe non–life insurance market category segmentation: % share, by value, 2017–2022
Table 21: Europe non-life insurance market category segmentation: $ billion, 2017-2022
Table 22: Europe non–life insurance market geography segmentation: $ billion, 2022
Table 23: Europe non-life insurance market share: % share, by value, 2022
Table 24: Europe non-life insurance market value forecast: $ billion, 2022–27
Table 25: Europe size of population (million), 2018–22
Table 26: Europe gdp (constant 2005 prices, $ billion), 2018–22
Table 27: Europe gdp (current prices, $ billion), 2018–22
Table 28: Europe inflation, 2018–22
Table 29: Europe consumer price index (absolute), 2018–22
Table 30: Europe exchange rate, 2018–22
Table 31: France non-life insurance market value: $ billion, 2017-22
Table 32: France non–life insurance market category segmentation: % share, by value, 2017–2022
Table 33: France non-life insurance market category segmentation: $ billion, 2017-2022
Table 34: France non–life insurance market geography segmentation: $ billion, 2022
Table 35: France non-life insurance market share: % share, by value, 2022
Table 36: France non-life insurance market value forecast: $ billion, 2022–27
Table 37: France size of population (million), 2018–22
Table 38: France gdp (constant 2005 prices, $ billion), 2018–22
Table 39: France gdp (current prices, $ billion), 2018–22
Table 40: France inflation, 2018–22
Table 41: France consumer price index (absolute), 2018–22
Table 42: France exchange rate, 2018–22
Table 43: Germany non-life insurance market value: $ billion, 2017-22
Table 44: Germany non–life insurance market category segmentation: % share, by value, 2017–2022
Table 45: Germany non-life insurance market category segmentation: $ billion, 2017-2022
Table 46: Germany non–life insurance market geography segmentation: $ billion, 2022
Table 47: Germany non-life insurance market share: % share, by value, 2022
Table 48: Germany non-life insurance market value forecast: $ billion, 2022–27
Table 49: Germany size of population (million), 2018–22
Table 50: Germany gdp (constant 2005 prices, $ billion), 2018–22
Table 51: Germany gdp (current prices, $ billion), 2018–22
Table 52: Germany inflation, 2018–22
Table 53: Germany consumer price index (absolute), 2018–22
Table 54: Germany exchange rate, 2018–22
Table 55: Italy non-life insurance market value: $ billion, 2017-22
Table 56: Italy non–life insurance market category segmentation: % share, by value, 2017–2022
Table 57: Italy non-life insurance market category segmentation: $ billion, 2017-2022
Table 58: Italy non–life insurance market geography segmentation: $ billion, 2022
Table 59: Italy non-life insurance market share: % share, by value, 2022
Table 60: Italy non-life insurance market value forecast: $ billion, 2022–27
Table 61: Italy size of population (million), 2018–22
Table 62: Italy gdp (constant 2005 prices, $ billion), 2018–22
Table 63: Italy gdp (current prices, $ billion), 2018–22
Table 64: Italy inflation, 2018–22
Table 65: Italy consumer price index (absolute), 2018–22
Table 66: Italy exchange rate, 2018–22
Table 67: Japan non-life insurance market value: $ billion, 2017-22
Table 68: Japan non–life insurance market category segmentation: % share, by value, 2017–2022
Table 69: Japan non-life insurance market category segmentation: $ billion, 2017-2022
Table 70: Japan non–life insurance market geography segmentation: $ billion, 2022
Table 71: Japan non-life insurance market share: % share, by value, 2022
Table 72: Japan non-life insurance market value forecast: $ billion, 2022–27
Table 73: Japan size of population (million), 2018–22
Table 74: Japan gdp (constant 2005 prices, $ billion), 2018–22
Table 75: Japan gdp (current prices, $ billion), 2018–22
Table 76: Japan inflation, 2018–22
Table 77: Japan consumer price index (absolute), 2018–22
Table 78: Japan exchange rate, 2018–22
Table 79: Australia non-life insurance market value: $ billion, 2017-22
Table 80: Australia non–life insurance market category segmentation: % share, by value, 2017–2022
Table 81: Australia non-life insurance market category segmentation: $ billion, 2017-2022
Table 82: Australia non–life insurance market geography segmentation: $ billion, 2022
Table 83: Australia non-life insurance market share: % share, by value, 2022
Table 84: Australia non-life insurance market value forecast: $ billion, 2022–27
Table 85: Australia size of population (million), 2018–22
Table 86: Australia gdp (constant 2005 prices, $ billion), 2018–22
Table 87: Australia gdp (current prices, $ billion), 2018–22
Table 88: Australia inflation, 2018–22
Table 89: Australia consumer price index (absolute), 2018–22
Table 90: Australia exchange rate, 2018–22

List Of Figures

LIST OF FIGURES

Figure 1: Global non-life insurance market value: $ billion, 2017-22
Figure 2: Global non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Global non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: Global non-life insurance market share: % share, by value, 2022
Figure 5: Global non-life insurance market value forecast: $ billion, 2022–27
Figure 6: Forces driving competition in the global non-life insurance market, 2022
Figure 7: Drivers of buyer power in the global non-life insurance market, 2022
Figure 8: Drivers of supplier power in the global non-life insurance market, 2022
Figure 9: Factors influencing the likelihood of new entrants in the global non-life insurance market, 2022
Figure 10: Factors influencing the threat of substitutes in the global non-life insurance market, 2022
Figure 11: Drivers of degree of rivalry in the global non-life insurance market, 2022
Figure 12: Asia-Pacific non-life insurance market value: $ billion, 2017-22
Figure 13: Asia-Pacific non-life insurance market category segmentation: $ billion, 2017-2022
Figure 14: Asia–Pacific non–life insurance market geography segmentation: % share, by value, 2022
Figure 15: Asia-Pacific non-life insurance market share: % share, by value, 2022
Figure 16: Asia-Pacific non-life insurance market value forecast: $ billion, 2022–27
Figure 17: Forces driving competition in the non-life insurance market in Asia-Pacific, 2022
Figure 18: Drivers of buyer power in the non-life insurance market in Asia-Pacific, 2022
Figure 19: Drivers of supplier power in the non-life insurance market in Asia-Pacific, 2022
Figure 20: Factors influencing the likelihood of new entrants in the non-life insurance market in Asia-Pacific, 2022
Figure 21: Factors influencing the threat of substitutes in the non-life insurance market in Asia-Pacific, 2022
Figure 22: Drivers of degree of rivalry in the non-life insurance market in Asia-Pacific, 2022
Figure 23: Europe non-life insurance market value: $ billion, 2017-22
Figure 24: Europe non-life insurance market category segmentation: $ billion, 2017-2022
Figure 25: Europe non–life insurance market geography segmentation: % share, by value, 2022
Figure 26: Europe non-life insurance market share: % share, by value, 2022
Figure 27: Europe non-life insurance market value forecast: $ billion, 2022–27
Figure 28: Forces driving competition in the non-life insurance market in Europe, 2022
Figure 29: Drivers of buyer power in the non-life insurance market in Europe, 2022
Figure 30: Drivers of supplier power in the non-life insurance market in Europe, 2022
Figure 31: Factors influencing the likelihood of new entrants in the non-life insurance market in Europe, 2022
Figure 32: Factors influencing the threat of substitutes in the non-life insurance market in Europe, 2022
Figure 33: Drivers of degree of rivalry in the non-life insurance market in Europe, 2022
Figure 34: France non-life insurance market value: $ billion, 2017-22
Figure 35: France non-life insurance market category segmentation: $ billion, 2017-2022
Figure 36: France non–life insurance market geography segmentation: % share, by value, 2022
Figure 37: France non-life insurance market share: % share, by value, 2022
Figure 38: France non-life insurance market value forecast: $ billion, 2022–27
Figure 39: Forces driving competition in the non-life insurance market in France, 2022
Figure 40: Drivers of buyer power in the non-life insurance market in France, 2022
Figure 41: Drivers of supplier power in the non-life insurance market in France, 2022
Figure 42: Factors influencing the likelihood of new entrants in the non-life insurance market in France, 2022
Figure 43: Factors influencing the threat of substitutes in the non-life insurance market in France, 2022
Figure 44: Drivers of degree of rivalry in the non-life insurance market in France, 2022
Figure 45: Germany non-life insurance market value: $ billion, 2017-22
Figure 46: Germany non-life insurance market category segmentation: $ billion, 2017-2022
Figure 47: Germany non–life insurance market geography segmentation: % share, by value, 2022
Figure 48: Germany non-life insurance market share: % share, by value, 2022
Figure 49: Germany non-life insurance market value forecast: $ billion, 2022–27
Figure 50: Forces driving competition in the non-life insurance market in Germany, 2022
Figure 51: Drivers of buyer power in the non-life insurance market in Germany, 2022
Figure 52: Drivers of supplier power in the non-life insurance market in Germany, 2022
Figure 53: Factors influencing the likelihood of new entrants in the non-life insurance market in Germany, 2022
Figure 54: Factors influencing the threat of substitutes in the non-life insurance market in Germany, 2022
Figure 55: Drivers of degree of rivalry in the non-life insurance market in Germany, 2022
Figure 56: Italy non-life insurance market value: $ billion, 2017-22
Figure 57: Italy non-life insurance market category segmentation: $ billion, 2017-2022
Figure 58: Italy non–life insurance market geography segmentation: % share, by value, 2022
Figure 59: Italy non-life insurance market share: % share, by value, 2022
Figure 60: Italy non-life insurance market value forecast: $ billion, 2022–27
Figure 61: Forces driving competition in the non-life insurance market in Italy, 2022
Figure 62: Drivers of buyer power in the non-life insurance market in Italy, 2022
Figure 63: Drivers of supplier power in the non-life insurance market in Italy, 2022
Figure 64: Factors influencing the likelihood of new entrants in the non-life insurance market in Italy, 2022
Figure 65: Factors influencing the threat of substitutes in the non-life insurance market in Italy, 2022
Figure 66: Drivers of degree of rivalry in the non-life insurance market in Italy, 2022
Figure 67: Japan non-life insurance market value: $ billion, 2017-22
Figure 68: Japan non-life insurance market category segmentation: $ billion, 2017-2022
Figure 69: Japan non–life insurance market geography segmentation: % share, by value, 2022
Figure 70: Japan non-life insurance market share: % share, by value, 2022
Figure 71: Japan non-life insurance market value forecast: $ billion, 2022–27
Figure 72: Forces driving competition in the non-life insurance market in Japan, 2022
Figure 73: Drivers of buyer power in the non-life insurance market in Japan, 2022
Figure 74: Drivers of supplier power in the non-life insurance market in Japan, 2022
Figure 75: Factors influencing the likelihood of new entrants in the non-life insurance market in Japan, 2022
Figure 76: Factors influencing the threat of substitutes in the non-life insurance market in Japan, 2022
Figure 77: Drivers of degree of rivalry in the non-life insurance market in Japan, 2022
Figure 78: Australia non-life insurance market value: $ billion, 2017-22
Figure 79: Australia non-life insurance market category segmentation: $ billion, 2017-2022
Figure 80: Australia non–life insurance market geography segmentation: % share, by value, 2022
Figure 81: Australia non-life insurance market share: % share, by value, 2022
Figure 82: Australia non-life insurance market value forecast: $ billion, 2022–27
Figure 83: Forces driving competition in the non-life insurance market in Australia, 2022
Figure 84: Drivers of buyer power in the non-life insurance market in Australia, 2022
Figure 85: Drivers of supplier power in the non-life insurance market in Australia, 2022
Figure 86: Factors influencing the likelihood of new entrants in the non-life insurance market in Australia, 2022
Figure 87: Factors influencing the threat of substitutes in the non-life insurance market in Australia, 2022
Figure 88: Drivers of degree of rivalry in the non-life insurance market in Australia, 2022
Figure 89: Canada non-life insurance market value: $ billion, 2017-22
Figure 90: Canada non-life insurance market category segmentation: $ billion, 2017-2022