Pakistan Non-Life Insurance Market to 2027
Pakistan Non-Life Insurance Market to 2027
Summary
Non-Life Insurance in Pakistan 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
Non-Life Insurance in Pakistan 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
- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- The Pakistani non-life insurance market had total gross written premiums of $0.7 billion in 2022, representing a compound annual growth rate (CAGR) of 13.4% between 2017 and 2022.
- The property segment accounted for the market's largest proportion in 2022, with total gross written premiums of $0.3 billion, equivalent to 39.1% of the market's overall value.
- In 2022, the Pakistani non-life insurance market witnessed an annual growth of 25.7%. According to the Securities and Exchange Commission of Pakistan (SECP), in 2022, the agency/sales force channel and the direct channel continued to be the main sources of distribution for the non-life insurance market, accounting for 84% of all premiums written.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Pakistan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Pakistan
- 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 Pakistan non-life insurance market with five year forecasts
- What was the size of the Pakistan non-life insurance market by value in 2022?
- What will be the size of the Pakistan non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Pakistan non-life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Pakistan's non-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 the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. Adamjee Insurance Co Ltd
8.2. EFU General Insurance Co Ltd
8.3. Jubilee General Insurance Co Ltd
8.4. TPL Insurance Ltd
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 the leading players follow?
7.4. What are the strengths of the leading players?
8 COMPANY PROFILES
8.1. Adamjee Insurance Co Ltd
8.2. EFU General Insurance Co Ltd
8.3. Jubilee General Insurance Co Ltd
8.4. TPL Insurance Ltd
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: Pakistan non-life insurance market value: $ billion, 2017–22
Table 2: Pakistan non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Pakistan non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Pakistan non–life insurance market geography segmentation: $ billion, 2022
Table 5: Pakistan non-life insurance market value forecast: $ billion, 2022–27
Table 6: Pakistan non-life insurance market share: % share, by value, 2022
Table 7: Adamjee Insurance Co Ltd: key facts
Table 8: Adamjee Insurance Co Ltd: Annual Financial Ratios
Table 9: Adamjee Insurance Co Ltd: Key Employees
Table 10: EFU General Insurance Co Ltd: key facts
Table 11: EFU General Insurance Co Ltd: Annual Financial Ratios
Table 12: EFU General Insurance Co Ltd: Key Employees
Table 13: EFU General Insurance Co Ltd: Key Employees Continued
Table 14: Jubilee General Insurance Co Ltd: key facts
Table 15: Jubilee General Insurance Co Ltd: Annual Financial Ratios
Table 16: Jubilee General Insurance Co Ltd: Key Employees
Table 17: TPL Insurance Ltd: key facts
Table 18: TPL Insurance Ltd: Annual Financial Ratios
Table 19: Pakistan size of population (million), 2018–22
Table 20: Pakistan exchange rate, 2018–22
Table 1: Pakistan non-life insurance market value: $ billion, 2017–22
Table 2: Pakistan non–life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Pakistan non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Pakistan non–life insurance market geography segmentation: $ billion, 2022
Table 5: Pakistan non-life insurance market value forecast: $ billion, 2022–27
Table 6: Pakistan non-life insurance market share: % share, by value, 2022
Table 7: Adamjee Insurance Co Ltd: key facts
Table 8: Adamjee Insurance Co Ltd: Annual Financial Ratios
Table 9: Adamjee Insurance Co Ltd: Key Employees
Table 10: EFU General Insurance Co Ltd: key facts
Table 11: EFU General Insurance Co Ltd: Annual Financial Ratios
Table 12: EFU General Insurance Co Ltd: Key Employees
Table 13: EFU General Insurance Co Ltd: Key Employees Continued
Table 14: Jubilee General Insurance Co Ltd: key facts
Table 15: Jubilee General Insurance Co Ltd: Annual Financial Ratios
Table 16: Jubilee General Insurance Co Ltd: Key Employees
Table 17: TPL Insurance Ltd: key facts
Table 18: TPL Insurance Ltd: Annual Financial Ratios
Table 19: Pakistan size of population (million), 2018–22
Table 20: Pakistan exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Pakistan non-life insurance market value: $ billion, 2017–22
Figure 2: Pakistan non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Pakistan non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: Pakistan non-life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the non-life insurance market in Pakistan, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Pakistan, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Pakistan, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Pakistan, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Pakistan, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Pakistan, 2022
Figure 11: Pakistan non-life insurance market share: % share, by value, 2022
Figure 1: Pakistan non-life insurance market value: $ billion, 2017–22
Figure 2: Pakistan non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Pakistan non–life insurance market geography segmentation: % share, by value, 2022
Figure 4: Pakistan non-life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the non-life insurance market in Pakistan, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Pakistan, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Pakistan, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Pakistan, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Pakistan, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Pakistan, 2022
Figure 11: Pakistan non-life insurance market share: % share, by value, 2022
