[June 01, 2021]

Global Non-Life Insurance Industry Almanac 2020 - ResearchAndMarkets.com

The "Non-Life Insurance Global Industry Almanac 2016-2025" report has been added to ResearchAndMarkets.com's offering.

The global non-life insurance market is expected to generate total gross written premiums of $3,093.9bn in 2020, representing a compound annual growth rate (CAGR) of 2.1% between 2016 and 2020.

Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 2019 annual average exchange rates.
• The total impact of the COVID-19 pandemic on the Non-Life Insurance industry is currently uncertain, but early indications show that gross premium income will be adversely affected in 2020. There is no way of knowing the length of the pandemic, though announcements of vaccines bring hope that there is an end in sight, and as a result, industries will be expected to return to at least previous levels from 2021 onward.
• The motor segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $876.9bn, equivalent to 28.3% of the market's overall value.
• High levels of household disposable income, alongside lower consumer confidence in 2020, will boost sales for non-life insurance products; however, low interest rtes will keep profits low.

• 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.

Key Topics Covered:

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. Competitive Landscape

2. Introduction

2.1. What is this report about?

2.2. Who is the target reader?

2.3. How to use this report

2.4. Definitions

3. Global Non-Life Insurance

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

Companies Mentioned

• Zurich Insurance Group Ltd
• Covea Mutual Insurance Group Co
• Groupama Assurances Mutuelles
• Talanx AG
• Suncorp (News - Alert) Group Ltd
• Insurance Australia Group Ltd
• QBE Insurance Group Limited
• Banco Bradesco SA
• Porto Seguro SA
• Intact Financial Corporation
• Desjardins Group
• The Co-Operators Group Ltd
• The People's Insurance Company (Group) of China Ltd
• Ping An Insurance (Group) Company of China, Ltd.
• China Pacific Insurance (Group) Co Ltd
• China Life Insurance Co Ltd
• The New India Assurance Co Ltd
• United India Insurance Co Ltd
• ICICI Lombard General Insurance Co Ltd
• PT Asuransi Astra Buana
• PT Asuransi Central Asia
• UnipolSai Assicurazioni SpA
• Assicurazioni Generali SpA
• Allianz SE
• Tokio Marine Holdings Inc
• Sompo Holdings Inc
• Qualitas Controladora SAB de CV
• Grupo Nacional Provincial SAB
• Chubb Ltd
• Achmea BV
• ASR Nederland NV
• Nationale-Nederlanden Levensverzekering Maatschappij N.V.
• Sberbank Rossii
• AlfaStrakhovanie Group
• Rosgosstrakh
• SOGAZ Insurance Group
• Sampo plc
• Lansforsakringar Stockholm
• Folksam
• AIG Asia Pacific Insurance Pte. Ltd.
• MS&AD Insurance Group Holdings, Inc.
• NTUC Income Insurance Co-operative Limited
• Santam Ltd
• Hollard Insurance Group
• Old Mutual Investment Group (Pty) Ltd
• Rand Merchant Investment Holdings Ltd
• Samsung (News - Alert) Fire & Marine Insurance Co Ltd
• Hyundai Marine & Fire Insurance Co Ltd
• Dongbu Life Insurance Co Ltd
• KB Financial Group Inc
• Mapfre SA
• Grupo Catalana Occidente, S.A.
• Anadolu Anonim Turk Sigorta Sirketi
• Aksigorta AS
• AXA SA
• Aviva Plc
• RSA (News - Alert) Insurance Group plc
• Direct Line Insurance Group Plc
• State Farm Mutual Automobile Insurance Co
• Berkshire Hathaway Inc
• Liberty Mutual Holding Company Inc
• The Allstate Corp

For more information about this report visit https://www.researchandmarkets.com/r/svmjwi

View source version on businesswire.com: https://www.businesswire.com/news/home/20210601005436/en/

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