Global Non-Life Insurance Industry and Competition Landscape 2016-2025 with Profiles of Leading Companies and their Operations & Financials – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--
The "Non-Life Insurance - Market Summary, Competitive Analysis and Forecast, 2016-2025" report has been added to ResearchAndMarkets.com's offering.

The '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.
• All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
• Forecast figures presented in this report are calculated using crisis scenarios for the market. The length of the pandemic and restrictions introduced by various countries are still difficult to predict. Many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed "non-essential". As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modeled taking forecast impacts on national economics into consideration.
• The global non-life insurance market had total gross written premiums of $3,405.6bn in 2020, representing a compound annual growth rate (CAGR) of 4.8% between 2016 and 2020.
• The motor segment was the market's most lucrative in 2020, with total gross written premiums of $979.0bn, equivalent to 28.7% of the market's overall value.
• The COVID-19 pandemic, which first emerged in China in late 2019 and spread across the rest of the world in early 2020, has had a significant impact on the non-life insurance market. Cuts to interest rates have hampered insurance companies' profits, and there has been a reduction in demand for certain types of insurance, such as motor and travel, amid pandemic-mandated nationwide lockdown restrictions.

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 2020?
• What will be the size of the global non-life insurance market in 2025?
• 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?

Company Profiles

• The People's Insurance Company (Group) of China Ltd
• State Farm Mutual Automobile Insurance Co
• Allianz SE
• MS&AD Insurance Group Holdings, Inc.
• Zurich Insurance Group Ltd
• Covea Mutual Insurance Group Co
• Groupama Assurances Mutuelles
• R+V Versicherung AG
• Talanx AG
• UnipolSai Assicurazioni SpA
• Assicurazioni Generali SpA
• Tokio Marine Holdings Inc
• Sompo Holdings Inc
• Insurance Australia Group Ltd
• Suncorp Group Ltd
• QBE Insurance Group Limited
• Intact Financial Corp
• Desjardins Group
• The Co-Operators Group Ltd
• Ping An Insurance (Group) Company of China, Ltd.
• China Pacific Insurance (Group) Co Ltd
• China Life Insurance Co Ltd
• Achmea BV
• ASR Nederland NV
• Nationale-Nederlanden Levensverzekering Maatschappij N.V.
• NN Group NV
• Mapfre SA
• AXA SA
• Aviva Plc
• RSA Insurance Group Ltd
• Direct Line Insurance Group Plc
• Berkshire Hathaway Inc
• Liberty Mutual Insurance Co
• The Progressive Corp

For more information about this report visit https://www.researchandmarkets.com/r/20vfsw

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