Summary
Insurance Brokers in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). 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 India insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The insurance brokers market is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2017 exchange rates.
- The Indian insurance brokers sector had total revenues of $284.0m in 2017, representing a compound annual growth rate (CAGR) of 18.8% between 2013 and 2017.
- The primary insurance segment was the sector's most lucrative in 2017, with total revenues of $221.5m, equivalent to 78% of the sector's overall value.
- The immense growth of the Indian insurance brokers sector has been driven by the emerging demand for non-life insurance products as a result of economic growth and rising income of the population.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in India
- Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India insurance brokers market with five year forecasts
Reasons to buy
- What was the size of the India insurance brokers market by value in 2017?
- What will be the size of the India insurance brokers market in 2022?
- What factors are affecting the strength of competition in the India insurance brokers market?
- How has the market performed over the last five years?
- What are the main segments that make up India's insurance brokers market?
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Table of Contents
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 18
Degree of rivalry 19
Leading Companies 21
Aditya Birla Group 21
Aon Plc 23
Jardine Lloyd Thompson Group plc 27
Marsh & McLennan Companies, Inc. 31
Macroeconomic Indicators 35
Country data 35
Methodology 37
Industry associations 38
Related MarketLine research 38
Appendix 39
About MarketLine 39
List of Tables
Table 1: India insurance brokers sector value: $ billion, 2013-17
Table 2: India insurance brokers sector category segmentation: $ billion, 2017
Table 3: India insurance brokers sector geography segmentation: $ billion, 2017
Table 4: India insurance brokers sector value forecast: $ billion, 2017-22
Table 5: Aditya Birla Group: key facts
Table 6: Aon Plc: key facts
Table 7: Aon Plc: key financials ($)
Table 8: Aon Plc: key financial ratios
Table 9: Jardine Lloyd Thompson Group plc: key facts
Table 10: Jardine Lloyd Thompson Group plc: key financials ($)
Table 11: Jardine Lloyd Thompson Group plc: key financials (£)
Table 12: Jardine Lloyd Thompson Group plc: key financial ratios
Table 13: Marsh & McLennan Companies, Inc.: key facts
Table 14: Marsh & McLennan Companies, Inc.: key financials ($)
Table 15: Marsh & McLennan Companies, Inc.: key financials (€)
Table 16: Marsh & McLennan Companies, Inc.: key financial ratios
Table 17: India size of population (million), 2013-17
Table 18: India gdp (constant 2005 prices, $ billion), 2013-17
Table 19: India gdp (current prices, $ billion), 2013-17
Table 20: India inflation, 2013-17
Table 21: India consumer price index (absolute), 2013-17
Table 22: India exchange rate, 2013-17
List of Figures
Figure 1: India insurance brokers sector value: $ billion, 2013-17
Figure 2: India insurance brokers sector category segmentation: % share, by value, 2017
Figure 3: India insurance brokers sector geography segmentation: % share, by value, 2017
Figure 4: India insurance brokers sector value forecast: $ billion, 2017-22
Figure 5: Forces driving competition in the insurance brokers sector in India, 2017
Figure 6: Drivers of buyer power in the insurance brokers sector in India, 2017
Figure 7: Drivers of supplier power in the insurance brokers sector in India, 2017
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in India, 2017
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in India, 2017
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in India, 2017
Figure 11: Aon Plc: revenues & profitability
Figure 12: Aon Plc: assets & liabilities
Figure 13: Jardine Lloyd Thompson Group plc: revenues & profitability
Figure 14: Jardine Lloyd Thompson Group plc: assets & liabilities
Figure 15: Marsh & McLennan Companies, Inc.: revenues & profitability
Figure 16: Marsh & McLennan Companies, Inc.: assets & liabilities
