Summary
Non-Life Insurance in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, 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.
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 2017 annual average exchange rates.
- The European non-life insurance market had total gross written premiums of $615.0bn in 2017, representing a compound annual growth rate (CAGR) of 2.2% between 2013 and 2017.
- The motor segment was the market's most lucrative in 2017, with total gross written premiums of $212.7bn, equivalent to 34.6% of the market's overall value.
- The largest European markets have recorded modest growth in recent years, with premium increases and slight upticks in demand driving the regional value. The high penetration rate of non-life insurance products in this region indicates saturated demand.
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 Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Europe
- 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 Europe non-life insurance market with five year forecasts
Reasons to buy
- What was the size of the Europe non-life insurance market by value in 2017?
- What will be the size of the Europe non-life insurance market in 2022?
- What factors are affecting the strength of competition in the Europe non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Europe's non-life insurance 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 share 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 share 12
Market Outlook 13
Market value forecast 13
Five Forces Analysis 14
Summary 14
Buyer power 15
Supplier power 17
New entrants 19
Threat of substitutes 21
Degree of rivalry 22
Leading Companies 24
Allianz Group 24
AXA SA 28
Assicurazioni Generali SpA 33
Zurich Insurance Group Ltd 37
Methodology 41
Industry associations 42
Related MarketLine research 42
Appendix 43
About MarketLine 43
List of Tables
Table 1: Europe non-life insurance market value: $ billion, 2013–17
Table 2: Europe non–life insurance market category segmentation: $ billion, 2017
Table 3: Europe non–life insurance market geography segmentation: $ billion, 2017
Table 4: Europe non-life insurance market share: % share, by value, 2017
Table 5: Europe non-life insurance market value forecast: $ billion, 2017–22
Table 6: Allianz Group: key facts
Table 7: Allianz Group: key financials ($)
Table 8: Allianz Group: key financials (€)
Table 9: Allianz Group: key financial ratios
Table 10: AXA SA: key facts
Table 11: AXA SA: key financials ($)
Table 12: AXA SA: key financials (€)
Table 13: AXA SA: key financial ratios
Table 14: Assicurazioni Generali SpA: key facts
Table 15: Assicurazioni Generali SpA: key financials ($)
Table 16: Assicurazioni Generali SpA: key financials (€)
Table 17: Assicurazioni Generali SpA: key financial ratios
Table 18: Zurich Insurance Group Ltd: key facts
Table 19: Zurich Insurance Group Ltd: key financials ($)
Table 20: Zurich Insurance Group Ltd: key financial ratios
List of Figures
Figure 1: Europe non-life insurance market value: $ billion, 2013–17
Figure 2: Europe non–life insurance market category segmentation: % share, by value, 2017
Figure 3: Europe non–life insurance market geography segmentation: % share, by value, 2017
Figure 4: Europe non-life insurance market share: % share, by value, 2017
Figure 5: Europe non-life insurance market value forecast: $ billion, 2017–22
Figure 6: Forces driving competition in the non-life insurance market in Europe, 2017
Figure 7: Drivers of buyer power in the non-life insurance market in Europe, 2017
Figure 8: Drivers of supplier power in the non-life insurance market in Europe, 2017
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Europe, 2017
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Europe, 2017
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Europe, 2017
Figure 12: Allianz Group: revenues & profitability
Figure 13: Allianz Group: assets & liabilities
Figure 14: AXA SA: revenues & profitability
Figure 15: AXA SA: assets & liabilities
Figure 16: Assicurazioni Generali SpA: revenues & profitability
Figure 17: Assicurazioni Generali SpA: assets & liabilities
Figure 18: Zurich Insurance Group Ltd: revenues & profitability
Figure 19: Zurich Insurance Group Ltd: assets & liabilities
