Non-Life Insurance Global Industry Almanac 2017

Summary

Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the global non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

Key highlights

- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance.
- The other segment is made up of non-life insurance products including health, travel, and accident cover among others.
- The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer's premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- Any currency conversions used in the report have been calculated using constant 2016 annual average exchange rates.
- The global non-life insurance market had total gross written premiums of $2,046.3bn in 2016, representing a compound annual growth rate (CAGR) of 4.7% between 2012 and 2016.
- The motor segment was the market's most lucrative in 2016, with total gross written premiums of $790.4bn, equivalent to 38.6% of the market's overall value.
- The rapid emergence of the Asia-Pacific market, and particularly of the Chinese market, has largely contributed to the growth of the global market in recent years. This contribution becomes more apparent from the fact that developed markets such as the European and the US have grown below the global average amid saturation since demand is constrained by high penetration of non-life insurance.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global non-life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global non-life insurance market
- 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 global non-life insurance market with five year forecasts

Reasons to buy

- What was the size of the global non-life insurance market by value in 2016?
- What will be the size of the global non-life insurance market in 2021?
- What factors are affecting the strength of competition in the global non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the global non-life insurance market?