North America (NAFTA) Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027
North America (NAFTA) Non-Life Insurance Market @Summary, Competitive Analysis and Forecast, 2018-2027
SUMMARY
The NAFTA 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
SUMMARY
The NAFTA 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 North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The non-life insurance industry within the NAFTA countries had a total market value of $2,291.2 billion in 2022.The Canada was the fastest growing country, with a CAGR of 7.7% over the 2018-22 period.
- Within the non-life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $2,170.3 billion in 2022. This was followed by Canada and Mexico, with a value of $102.9 and $18.1 billion, respectively.
- The US is expected to lead the non-life insurance industry in the NAFTA bloc, with a value of $2,642.0 billion in 2027, followed by Canada and Mexico with expected values of $150.0 and $26.3 billion, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA non-life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA non-life insurance market
- Leading company profiles reveal details of key non-life insurance market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA non-life insurance market with five year forecasts
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
- What was the size of the NAFTA non-life insurance market by value in 2022?
- What will be the size of the NAFTA non-life insurance market in 2027?
- What factors are affecting the strength of competition in the NAFTA non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA non-life insurance market?
1 INTRODUCTION
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA NON-LIFE INSURANCE
2.1. Industry Outlook
3 NON-LIFE INSURANCE IN CANADA
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 MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 NON-LIFE INSURANCE IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Aviva Plc
9.2. Desjardins Group
9.3. Intact Financial Corp
9.4. The Co-Operators Group Ltd
9.5. AXA SA
9.6. Chubb Ltd
9.7. Grupo Nacional Provincial SAB
9.8. Qualitas Controladora SAB de CV
9.9. Berkshire Hathaway Inc
9.10. Liberty Mutual Insurance Co
9.11. State Farm Mutual Automobile Insurance Co
9.12. The Progressive Corp
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA NON-LIFE INSURANCE
2.1. Industry Outlook
3 NON-LIFE INSURANCE IN CANADA
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 MEXICO
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 MACROECONOMIC INDICATORS
6.1. Country data
7 NON-LIFE INSURANCE IN THE UNITED STATES
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 MACROECONOMIC INDICATORS
8.1. Country data
9 COMPANY PROFILES
9.1. Aviva Plc
9.2. Desjardins Group
9.3. Intact Financial Corp
9.4. The Co-Operators Group Ltd
9.5. AXA SA
9.6. Chubb Ltd
9.7. Grupo Nacional Provincial SAB
9.8. Qualitas Controladora SAB de CV
9.9. Berkshire Hathaway Inc
9.10. Liberty Mutual Insurance Co
9.11. State Farm Mutual Automobile Insurance Co
9.12. The Progressive Corp
10 APPENDIX
10.1. Methodology
10.2. About MarketLine
LIST OF TABLES
Table 1: NAFTA countries non-life insurance industry, revenue ($bn), 2018-27
Table 2: NAFTA countries non-life insurance industry, revenue ($bn), 2018-22
Table 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2022-27
Table 4: Canada non-life insurance market value: $ billion, 2017-22
Table 5: Canada non–life insurance market category segmentation: % share, by value, 2017–2022
Table 6: Canada non-life insurance market category segmentation: $ billion, 2017-2022
Table 7: Canada non–life insurance market geography segmentation: $ billion, 2022
Table 8: Canada non-life insurance market share: % share, by value, 2022
Table 9: Canada non-life insurance market value forecast: $ billion, 2022–27
Table 10: Canada size of population (million), 2018–22
Table 11: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 12: Canada gdp (current prices, $ billion), 2018–22
Table 13: Canada inflation, 2018–22
Table 14: Canada consumer price index (absolute), 2018–22
Table 15: Canada exchange rate, 2018–22
Table 16: Mexico non-life insurance market value: $ billion, 2017-22
Table 17: Mexico non–life insurance market category segmentation: % share, by value, 2017–2022
Table 18: Mexico non-life insurance market category segmentation: $ billion, 2017-2022
Table 19: Mexico non–life insurance market geography segmentation: $ billion, 2022
Table 20: Mexico non-life insurance market share: % share, by value, 2022
Table 21: Mexico non-life insurance market value forecast: $ billion, 2022–27
Table 22: Mexico size of population (million), 2018–22
Table 23: Mexico gdp (constant 2005 prices, $ billion), 2018–22
Table 24: Mexico gdp (current prices, $ billion), 2018–22
Table 25: Mexico inflation, 2018–22
Table 26: Mexico consumer price index (absolute), 2018–22
Table 27: Mexico exchange rate, 2018–22
Table 28: United States non-life insurance market value: $ billion, 2017-22
Table 29: United States non–life insurance market category segmentation: % share, by value, 2017–2022
Table 30: United States non-life insurance market category segmentation: $ billion, 2017-2022
Table 31: United States non–life insurance market geography segmentation: $ billion, 2022
Table 32: United States non-life insurance market share: % share, by value, 2022
Table 33: United States non-life insurance market value forecast: $ billion, 2022–27
Table 34: United States size of population (million), 2018–22
Table 35: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 36: United States gdp (current prices, $ billion), 2018–22
Table 37: United States inflation, 2018–22
Table 38: United States consumer price index (absolute), 2018–22
Table 39: United States exchange rate, 2018–22
Table 40: Aviva Plc: key facts
Table 41: Aviva Plc: Annual Financial Ratios
Table 42: Aviva Plc: Key Employees
Table 43: Aviva Plc: Key Employees Continued
Table 44: Desjardins Group: key facts
Table 45: Desjardins Group: Key Employees
Table 46: Desjardins Group: Key Employees Continued
Table 47: Intact Financial Corp: key facts
Table 48: Intact Financial Corp: Annual Financial Ratios
Table 49: Intact Financial Corp: Key Employees
Table 50: Intact Financial Corp: Key Employees Continued
Table 51: The Co-Operators Group Ltd: key facts
Table 52: The Co-Operators Group Ltd: Key Employees
Table 53: The Co-Operators Group Ltd: Key Employees Continued
Table 54: AXA SA: key facts
Table 55: AXA SA: Annual Financial Ratios
Table 56: AXA SA: Key Employees
Table 57: AXA SA: Key Employees Continued
Table 58: AXA SA: Key Employees Continued
Table 59: Chubb Ltd: key facts
Table 60: Chubb Ltd: Annual Financial Ratios
Table 61: Chubb Ltd: Key Employees
Table 62: Chubb Ltd: Key Employees Continued
Table 63: Chubb Ltd: Key Employees Continued
Table 64: Chubb Ltd: Key Employees Continued
Table 65: Grupo Nacional Provincial SAB: key facts
Table 66: Grupo Nacional Provincial SAB: Annual Financial Ratios
Table 67: Grupo Nacional Provincial SAB: Key Employees
Table 68: Qualitas Controladora SAB de CV: key facts
Table 69: Qualitas Controladora SAB de CV: Annual Financial Ratios
Table 70: Qualitas Controladora SAB de CV: Key Employees
Table 71: Berkshire Hathaway Inc: key facts
Table 72: Berkshire Hathaway Inc: Annual Financial Ratios
Table 73: Berkshire Hathaway Inc: Key Employees
Table 74: Liberty Mutual Insurance Co: key facts
Table 75: Liberty Mutual Insurance Co: Key Employees
Table 76: Liberty Mutual Insurance Co: Key Employees Continued
Table 77: State Farm Mutual Automobile Insurance Co: key facts
Table 78: State Farm Mutual Automobile Insurance Co: Key Employees
Table 79: State Farm Mutual Automobile Insurance Co: Key Employees Continued
Table 80: The Progressive Corp: key facts
Table 81: The Progressive Corp: Annual Financial Ratios
Table 82: The Progressive Corp: Key Employees
Table 83: The Progressive Corp: Key Employees Continued
Table 1: NAFTA countries non-life insurance industry, revenue ($bn), 2018-27
Table 2: NAFTA countries non-life insurance industry, revenue ($bn), 2018-22
Table 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2022-27
Table 4: Canada non-life insurance market value: $ billion, 2017-22
Table 5: Canada non–life insurance market category segmentation: % share, by value, 2017–2022
Table 6: Canada non-life insurance market category segmentation: $ billion, 2017-2022
Table 7: Canada non–life insurance market geography segmentation: $ billion, 2022
Table 8: Canada non-life insurance market share: % share, by value, 2022
Table 9: Canada non-life insurance market value forecast: $ billion, 2022–27
Table 10: Canada size of population (million), 2018–22
Table 11: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 12: Canada gdp (current prices, $ billion), 2018–22
Table 13: Canada inflation, 2018–22
Table 14: Canada consumer price index (absolute), 2018–22
Table 15: Canada exchange rate, 2018–22
Table 16: Mexico non-life insurance market value: $ billion, 2017-22
Table 17: Mexico non–life insurance market category segmentation: % share, by value, 2017–2022
Table 18: Mexico non-life insurance market category segmentation: $ billion, 2017-2022
Table 19: Mexico non–life insurance market geography segmentation: $ billion, 2022
Table 20: Mexico non-life insurance market share: % share, by value, 2022
Table 21: Mexico non-life insurance market value forecast: $ billion, 2022–27
Table 22: Mexico size of population (million), 2018–22
Table 23: Mexico gdp (constant 2005 prices, $ billion), 2018–22
Table 24: Mexico gdp (current prices, $ billion), 2018–22
Table 25: Mexico inflation, 2018–22
Table 26: Mexico consumer price index (absolute), 2018–22
Table 27: Mexico exchange rate, 2018–22
Table 28: United States non-life insurance market value: $ billion, 2017-22
Table 29: United States non–life insurance market category segmentation: % share, by value, 2017–2022
Table 30: United States non-life insurance market category segmentation: $ billion, 2017-2022
Table 31: United States non–life insurance market geography segmentation: $ billion, 2022
Table 32: United States non-life insurance market share: % share, by value, 2022
Table 33: United States non-life insurance market value forecast: $ billion, 2022–27
Table 34: United States size of population (million), 2018–22
Table 35: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 36: United States gdp (current prices, $ billion), 2018–22
Table 37: United States inflation, 2018–22
Table 38: United States consumer price index (absolute), 2018–22
Table 39: United States exchange rate, 2018–22
Table 40: Aviva Plc: key facts
Table 41: Aviva Plc: Annual Financial Ratios
Table 42: Aviva Plc: Key Employees
Table 43: Aviva Plc: Key Employees Continued
Table 44: Desjardins Group: key facts
Table 45: Desjardins Group: Key Employees
Table 46: Desjardins Group: Key Employees Continued
Table 47: Intact Financial Corp: key facts
Table 48: Intact Financial Corp: Annual Financial Ratios
Table 49: Intact Financial Corp: Key Employees
Table 50: Intact Financial Corp: Key Employees Continued
Table 51: The Co-Operators Group Ltd: key facts
Table 52: The Co-Operators Group Ltd: Key Employees
Table 53: The Co-Operators Group Ltd: Key Employees Continued
Table 54: AXA SA: key facts
Table 55: AXA SA: Annual Financial Ratios
Table 56: AXA SA: Key Employees
Table 57: AXA SA: Key Employees Continued
Table 58: AXA SA: Key Employees Continued
Table 59: Chubb Ltd: key facts
Table 60: Chubb Ltd: Annual Financial Ratios
Table 61: Chubb Ltd: Key Employees
Table 62: Chubb Ltd: Key Employees Continued
Table 63: Chubb Ltd: Key Employees Continued
Table 64: Chubb Ltd: Key Employees Continued
Table 65: Grupo Nacional Provincial SAB: key facts
Table 66: Grupo Nacional Provincial SAB: Annual Financial Ratios
Table 67: Grupo Nacional Provincial SAB: Key Employees
Table 68: Qualitas Controladora SAB de CV: key facts
Table 69: Qualitas Controladora SAB de CV: Annual Financial Ratios
Table 70: Qualitas Controladora SAB de CV: Key Employees
Table 71: Berkshire Hathaway Inc: key facts
Table 72: Berkshire Hathaway Inc: Annual Financial Ratios
Table 73: Berkshire Hathaway Inc: Key Employees
Table 74: Liberty Mutual Insurance Co: key facts
Table 75: Liberty Mutual Insurance Co: Key Employees
Table 76: Liberty Mutual Insurance Co: Key Employees Continued
Table 77: State Farm Mutual Automobile Insurance Co: key facts
Table 78: State Farm Mutual Automobile Insurance Co: Key Employees
Table 79: State Farm Mutual Automobile Insurance Co: Key Employees Continued
Table 80: The Progressive Corp: key facts
Table 81: The Progressive Corp: Annual Financial Ratios
Table 82: The Progressive Corp: Key Employees
Table 83: The Progressive Corp: Key Employees Continued
LIST OF FIGURES
Figure 1: NAFTA countries non-life insurance industry, revenue ($bn), 2018-27
Figure 2: NAFTA countries non-life insurance industry, revenue ($bn), 2018-22
Figure 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2022-27
Figure 4: Canada non-life insurance market value: $ billion, 2017-22
Figure 5: Canada non-life insurance market category segmentation: $ billion, 2017-2022
Figure 6: Canada non–life insurance market geography segmentation: % share, by value, 2022
Figure 7: Canada non-life insurance market share: % share, by value, 2022
Figure 8: Canada non-life insurance market value forecast: $ billion, 2022–27
Figure 9: Forces driving competition in the non-life insurance market in Canada, 2022
Figure 10: Drivers of buyer power in the non-life insurance market in Canada, 2022
Figure 11: Drivers of supplier power in the non-life insurance market in Canada, 2022
Figure 12: Factors influencing the likelihood of new entrants in the non-life insurance market in Canada, 2022
Figure 13: Factors influencing the threat of substitutes in the non-life insurance market in Canada, 2022
Figure 14: Drivers of degree of rivalry in the non-life insurance market in Canada, 2022
Figure 15: Mexico non-life insurance market value: $ billion, 2017-22
Figure 16: Mexico non-life insurance market category segmentation: $ billion, 2017-2022
Figure 17: Mexico non–life insurance market geography segmentation: % share, by value, 2022
Figure 18: Mexico non-life insurance market share: % share, by value, 2022
Figure 19: Mexico non-life insurance market value forecast: $ billion, 2022–27
Figure 20: Forces driving competition in the non-life insurance market in Mexico, 2022
Figure 21: Drivers of buyer power in the non-life insurance market in Mexico, 2022
Figure 22: Drivers of supplier power in the non-life insurance market in Mexico, 2022
Figure 23: Factors influencing the likelihood of new entrants in the non-life insurance market in Mexico, 2022
Figure 24: Factors influencing the threat of substitutes in the non-life insurance market in Mexico, 2022
Figure 25: Drivers of degree of rivalry in the non-life insurance market in Mexico, 2022
Figure 26: United States non-life insurance market value: $ billion, 2017-22
Figure 27: United States non-life insurance market category segmentation: $ billion, 2017-2022
Figure 28: United States non–life insurance market geography segmentation: % share, by value, 2022
Figure 29: United States non-life insurance market share: % share, by value, 2022
Figure 30: United States non-life insurance market value forecast: $ billion, 2022–27
Figure 31: Forces driving competition in the non-life insurance market in the United States, 2022
Figure 32: Drivers of buyer power in the non-life insurance market in the United States, 2022
Figure 33: Drivers of supplier power in the non-life insurance market in the United States, 2022
Figure 34: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2022
Figure 35: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2022
Figure 36: Drivers of degree of rivalry in the non-life insurance market in the United States, 2022
Figure 1: NAFTA countries non-life insurance industry, revenue ($bn), 2018-27
Figure 2: NAFTA countries non-life insurance industry, revenue ($bn), 2018-22
Figure 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2022-27
Figure 4: Canada non-life insurance market value: $ billion, 2017-22
Figure 5: Canada non-life insurance market category segmentation: $ billion, 2017-2022
Figure 6: Canada non–life insurance market geography segmentation: % share, by value, 2022
Figure 7: Canada non-life insurance market share: % share, by value, 2022
Figure 8: Canada non-life insurance market value forecast: $ billion, 2022–27
Figure 9: Forces driving competition in the non-life insurance market in Canada, 2022
Figure 10: Drivers of buyer power in the non-life insurance market in Canada, 2022
Figure 11: Drivers of supplier power in the non-life insurance market in Canada, 2022
Figure 12: Factors influencing the likelihood of new entrants in the non-life insurance market in Canada, 2022
Figure 13: Factors influencing the threat of substitutes in the non-life insurance market in Canada, 2022
Figure 14: Drivers of degree of rivalry in the non-life insurance market in Canada, 2022
Figure 15: Mexico non-life insurance market value: $ billion, 2017-22
Figure 16: Mexico non-life insurance market category segmentation: $ billion, 2017-2022
Figure 17: Mexico non–life insurance market geography segmentation: % share, by value, 2022
Figure 18: Mexico non-life insurance market share: % share, by value, 2022
Figure 19: Mexico non-life insurance market value forecast: $ billion, 2022–27
Figure 20: Forces driving competition in the non-life insurance market in Mexico, 2022
Figure 21: Drivers of buyer power in the non-life insurance market in Mexico, 2022
Figure 22: Drivers of supplier power in the non-life insurance market in Mexico, 2022
Figure 23: Factors influencing the likelihood of new entrants in the non-life insurance market in Mexico, 2022
Figure 24: Factors influencing the threat of substitutes in the non-life insurance market in Mexico, 2022
Figure 25: Drivers of degree of rivalry in the non-life insurance market in Mexico, 2022
Figure 26: United States non-life insurance market value: $ billion, 2017-22
Figure 27: United States non-life insurance market category segmentation: $ billion, 2017-2022
Figure 28: United States non–life insurance market geography segmentation: % share, by value, 2022
Figure 29: United States non-life insurance market share: % share, by value, 2022
Figure 30: United States non-life insurance market value forecast: $ billion, 2022–27
Figure 31: Forces driving competition in the non-life insurance market in the United States, 2022
Figure 32: Drivers of buyer power in the non-life insurance market in the United States, 2022
Figure 33: Drivers of supplier power in the non-life insurance market in the United States, 2022
Figure 34: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2022
Figure 35: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2022
Figure 36: Drivers of degree of rivalry in the non-life insurance market in the United States, 2022
