Argentina Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Argentina Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in Argentina industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, 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
SUMMARY
Life Insurance in Argentina industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, 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 value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Argentinian life insurance market had total gross written premiums of $1.6 billion in 2022, representing a compound annual growth rate (CAGR) of 30.2% over 2017-2022.
- The life insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $1.2 billion, equivalent to 71.5% of the market's overall value.
- Argentina’s GDP expanded by 10.4% in 2021, recovering from a three-year recession, with GDP forecast to grow by 4.0% in 2022. The industry is still being driven by the non-life segment as the industry consists of 191 insurers and 16 local reinsurers with premium volume at 3.02% of GDP in 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Argentina
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Argentina
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Argentina life insurance market with five year forecasts
- What was the size of the Argentina life insurance market by value in 2022?
- What will be the size of the Argentina life insurance market in 2027?
- What factors are affecting the strength of competition in the Argentina life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Argentina's life insurance 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 has been the most significant M&A activity this year?
8 COMPANY PROFILES
8.1. Life Seguros de Personas y Patrimoniales SA
8.2. Nacion Seguros S.A.
8.3. Prudential Seguros SA
8.4. Zurich Santander Seguros Argentina 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. What has been the most significant M&A activity this year?
8 COMPANY PROFILES
8.1. Life Seguros de Personas y Patrimoniales SA
8.2. Nacion Seguros S.A.
8.3. Prudential Seguros SA
8.4. Zurich Santander Seguros Argentina 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: Argentina life insurance market value: $ billion, 2017-22(e)
Table 2: Argentina life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Argentina life insurance market category segmentation: $ billion, 2017-2022
Table 4: Argentina life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Argentina life insurance market value forecast: $ billion, 2022-27
Table 6: Argentina life insurance market share: % share, by value, 2022(e)
Table 7: Life Seguros de Personas y Patrimoniales SA: key facts
Table 8: Life Seguros de Personas y Patrimoniales SA: Key Employees
Table 9: Nacion Seguros S.A.: key facts
Table 10: Prudential Seguros SA: key facts
Table 11: Prudential Seguros SA: Key Employees
Table 12: Zurich Santander Seguros Argentina SA: key facts
Table 13: Argentina size of population (million), 2018–22
Table 14: Argentina gdp (constant 2005 prices, $ billion), 2018–22
Table 15: Argentina gdp (current prices, $ billion), 2018–22
Table 16: Argentina inflation, 2018–22
Table 17: Argentina consumer price index (absolute), 2018–22
Table 18: Argentina exchange rate, 2016–20
Table 1: Argentina life insurance market value: $ billion, 2017-22(e)
Table 2: Argentina life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Argentina life insurance market category segmentation: $ billion, 2017-2022
Table 4: Argentina life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Argentina life insurance market value forecast: $ billion, 2022-27
Table 6: Argentina life insurance market share: % share, by value, 2022(e)
Table 7: Life Seguros de Personas y Patrimoniales SA: key facts
Table 8: Life Seguros de Personas y Patrimoniales SA: Key Employees
Table 9: Nacion Seguros S.A.: key facts
Table 10: Prudential Seguros SA: key facts
Table 11: Prudential Seguros SA: Key Employees
Table 12: Zurich Santander Seguros Argentina SA: key facts
Table 13: Argentina size of population (million), 2018–22
Table 14: Argentina gdp (constant 2005 prices, $ billion), 2018–22
Table 15: Argentina gdp (current prices, $ billion), 2018–22
Table 16: Argentina inflation, 2018–22
Table 17: Argentina consumer price index (absolute), 2018–22
Table 18: Argentina exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Argentina life insurance market value: $ billion, 2017-22(e)
Figure 2: Argentina life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Argentina life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Argentina life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Argentina, 2022
Figure 6: Drivers of buyer power in the life insurance market in Argentina, 2022
Figure 7: Drivers of supplier power in the life insurance market in Argentina, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Argentina, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Argentina, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Argentina, 2022
Figure 11: Argentina life insurance market share: % share, by value, 2022(e)
Figure 1: Argentina life insurance market value: $ billion, 2017-22(e)
Figure 2: Argentina life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Argentina life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Argentina life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Argentina, 2022
Figure 6: Drivers of buyer power in the life insurance market in Argentina, 2022
Figure 7: Drivers of supplier power in the life insurance market in Argentina, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Argentina, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Argentina, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Argentina, 2022
Figure 11: Argentina life insurance market share: % share, by value, 2022(e)
