Belgium Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Belgium Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Belgian life insurance market had total gross written premiums of $20.3 billion in 2022, representing a compound annual growth rate (CAGR) of 3.2% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $14.0 billion, equivalent to 68.7% of the market's overall value.
- The Belgium insurance market has shown moderate growth in the historic period and the trend is expected to continue in the forecast period.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Belgium
- 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 Belgium life insurance market with five year forecasts by both value and volume
- What was the size of the Belgium life insurance market by value in 2022?
- What will be the size of the Belgium life insurance market in 2027?
- What factors are affecting the strength of competition in the Belgium life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Belgium'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 rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. AG Insurance SA/NV
8.2. AXA Belgium NV
8.3. Ethias SA
8.4. KBC Group NV
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 rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. AG Insurance SA/NV
8.2. AXA Belgium NV
8.3. Ethias SA
8.4. KBC Group NV
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: Belgium life insurance market value: $ billion, 2017-22(e)
Table 2: Belgium life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Belgium life insurance market category segmentation: $ billion, 2017-2022
Table 4: Belgium life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Belgium life insurance market value forecast: $ billion, 2022-27
Table 6: Belgium life insurance market share: % share, by value, 2022(e)
Table 7: AG Insurance SA/NV: key facts
Table 8: AG Insurance SA/NV: Key Employees
Table 9: AXA Belgium NV: key facts
Table 10: AXA Belgium NV: Key Employees
Table 11: Ethias SA: key facts
Table 12: Ethias SA: Key Employees
Table 13: KBC Group NV: key facts
Table 14: KBC Group NV: Annual Financial Ratios
Table 15: KBC Group NV: Key Employees
Table 16: Belgium size of population (million), 2018–22
Table 17: Belgium gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Belgium gdp (current prices, $ billion), 2018–22
Table 19: Belgium inflation, 2018–22
Table 20: Belgium consumer price index (absolute), 2018–22
Table 21: Belgium exchange rate, 2016–20
Table 1: Belgium life insurance market value: $ billion, 2017-22(e)
Table 2: Belgium life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Belgium life insurance market category segmentation: $ billion, 2017-2022
Table 4: Belgium life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Belgium life insurance market value forecast: $ billion, 2022-27
Table 6: Belgium life insurance market share: % share, by value, 2022(e)
Table 7: AG Insurance SA/NV: key facts
Table 8: AG Insurance SA/NV: Key Employees
Table 9: AXA Belgium NV: key facts
Table 10: AXA Belgium NV: Key Employees
Table 11: Ethias SA: key facts
Table 12: Ethias SA: Key Employees
Table 13: KBC Group NV: key facts
Table 14: KBC Group NV: Annual Financial Ratios
Table 15: KBC Group NV: Key Employees
Table 16: Belgium size of population (million), 2018–22
Table 17: Belgium gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Belgium gdp (current prices, $ billion), 2018–22
Table 19: Belgium inflation, 2018–22
Table 20: Belgium consumer price index (absolute), 2018–22
Table 21: Belgium exchange rate, 2016–20
LIST OF FIGURES
Figure 1: Belgium life insurance market value: $ billion, 2017-22(e)
Figure 2: Belgium life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Belgium life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Belgium life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Belgium, 2022
Figure 6: Drivers of buyer power in the life insurance market in Belgium, 2022
Figure 7: Drivers of supplier power in the life insurance market in Belgium, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Belgium, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Belgium, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Belgium, 2022
Figure 11: Belgium life insurance market share: % share, by value, 2022(e)
Figure 1: Belgium life insurance market value: $ billion, 2017-22(e)
Figure 2: Belgium life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Belgium life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Belgium life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Belgium, 2022
Figure 6: Drivers of buyer power in the life insurance market in Belgium, 2022
Figure 7: Drivers of supplier power in the life insurance market in Belgium, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Belgium, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Belgium, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Belgium, 2022
Figure 11: Belgium life insurance market share: % share, by value, 2022(e)
