Summary
Non-Life Insurance in Austria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 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.
- The Austrian non-life insurance market had total gross written premiums of $16.2 million in 2022, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2022.
- The Motor segment accounted for market's the largest proportion in 2022, with total gross written premiums of $6.5 million, equivalent to 40.4% of the market's overall value.
- According to European Automobile Manufacturers’ Association (ACEA), the number of car registrations had increased to 18,178 units in November 2022 as compared to 17,519 units in November 2021.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Austria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Austria
- 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 Austria non-life insurance market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Austria non-life insurance market by value in 2022?
- What will be the size of the Austria non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Austria non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Austria's non-life insurance market?
'
Table of Contents
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 are the strengths of leaders?
7.5. Is there any recent significant M&A activity, partnerships, or new product development?
8 Company Profiles
8.1. Allianz SE
8.2. Generali Hellas Insurance Co SA
8.3. UNIQA Insurance Group AG
8.4. Vienna Insurance Group AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: Austria non-life insurance market value: $ billion, 2017-22(e)
Table 2: Austria non–life insurance market category segmentation: % share, by value, 2017–2022(e)
Table 3: Austria non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Austria non–life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Austria non-life insurance market value forecast: $ billion, 2022-27
Table 6: Austria non-life insurance market share: % share, by value, 2022(e)
Table 7: Allianz SE: key facts
Table 8: Allianz SE: Annual Financial Ratios
Table 9: Allianz SE: Key Employees
Table 10: Allianz SE: Key Employees Continued
Table 11: Generali Hellas Insurance Co SA: key facts
Table 12: Generali Hellas Insurance Co SA: Key Employees
Table 13: UNIQA Insurance Group AG: key facts
Table 14: UNIQA Insurance Group AG: Annual Financial Ratios
Table 15: UNIQA Insurance Group AG: Key Employees
Table 16: Vienna Insurance Group AG: key facts
Table 17: Vienna Insurance Group AG: Annual Financial Ratios
Table 18: Vienna Insurance Group AG: Key Employees
Table 19: Austria size of population (million), 2018–22
Table 20: Austria gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Austria gdp (current prices, $ billion), 2018–22
Table 22: Austria inflation, 2018–22
Table 23: Austria consumer price index (absolute), 2018–22
Table 24: Austria exchange rate, 2017–21
List of Figures
Figure 1: Austria non-life insurance market value: $ billion, 2017-22(e)
Figure 2: Austria non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Austria non–life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Austria non-life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the non-life insurance market in Austria, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Austria, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Austria, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Austria, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Austria, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Austria, 2022
Figure 11: Austria non-life insurance market share: % share, by value, 2022(e)
