South America Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
South America Life Insurance Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Life Insurance in South America 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 South America 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 South American life insurance market had total gross written premiums of $47.9 billion in 2022, representing a compound annual growth rate (CAGR) of 4.5% between 2017 and 2022.
- The life insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $27.8 billion, equivalent to 58% of the market's overall value.
- According to the IMF, South America GDP will grow by 1.6% in 2023. The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.9% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $63.9 billion by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the life insurance market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in South America
- 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 South America life insurance market with five year forecasts
- What was the size of the South America life insurance market by value in 2022?
- What will be the size of the South America life insurance market in 2027?
- What factors are affecting the strength of competition in the South America life insurance market?
- How has the market performed over the last five years?
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. Bradesco Seguros SA
8.2. Brasilprev Seguros e Previdencia SA
8.3. Caixa Economica Federal
8.4. Zurich American Insurance Co
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. Bradesco Seguros SA
8.2. Brasilprev Seguros e Previdencia SA
8.3. Caixa Economica Federal
8.4. Zurich American Insurance Co
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: South America life insurance market value: $ billion, 2017-22(e)
Table 2: South America life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: South America life insurance market category segmentation: $ billion, 2017-2022
Table 4: South America life insurance market geography segmentation: $ billion, 2022(e)
Table 5: South America life insurance market value forecast: $ billion, 2022-27
Table 6: South America life insurance market share: % share, by value, 2022(e)
Table 7: Bradesco Seguros SA: key facts
Table 8: Bradesco Seguros SA: Key Employees
Table 9: Brasilprev Seguros e Previdencia SA: key facts
Table 10: Brasilprev Seguros e Previdencia SA: Key Employees
Table 11: Caixa Economica Federal: key facts
Table 12: Caixa Economica Federal: Key Employees
Table 13: Zurich American Insurance Co: key facts
Table 14: Zurich American Insurance Co: Key Employees
Table 15: South America exchange rate, 2016–20
Table 1: South America life insurance market value: $ billion, 2017-22(e)
Table 2: South America life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: South America life insurance market category segmentation: $ billion, 2017-2022
Table 4: South America life insurance market geography segmentation: $ billion, 2022(e)
Table 5: South America life insurance market value forecast: $ billion, 2022-27
Table 6: South America life insurance market share: % share, by value, 2022(e)
Table 7: Bradesco Seguros SA: key facts
Table 8: Bradesco Seguros SA: Key Employees
Table 9: Brasilprev Seguros e Previdencia SA: key facts
Table 10: Brasilprev Seguros e Previdencia SA: Key Employees
Table 11: Caixa Economica Federal: key facts
Table 12: Caixa Economica Federal: Key Employees
Table 13: Zurich American Insurance Co: key facts
Table 14: Zurich American Insurance Co: Key Employees
Table 15: South America exchange rate, 2016–20
LIST OF FIGURES
Figure 1: South America life insurance market value: $ billion, 2017-22(e)
Figure 2: South America life insurance market category segmentation: $ billion, 2017-2022
Figure 3: South America life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: South America life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in South America, 2022
Figure 6: Drivers of buyer power in the life insurance market in South America, 2022
Figure 7: Drivers of supplier power in the life insurance market in South America, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in South America, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in South America, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in South America, 2022
Figure 11: South America life insurance market share: % share, by value, 2022(e)
Figure 1: South America life insurance market value: $ billion, 2017-22(e)
Figure 2: South America life insurance market category segmentation: $ billion, 2017-2022
Figure 3: South America life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: South America life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in South America, 2022
Figure 6: Drivers of buyer power in the life insurance market in South America, 2022
Figure 7: Drivers of supplier power in the life insurance market in South America, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in South America, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in South America, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in South America, 2022
Figure 11: South America life insurance market share: % share, by value, 2022(e)
