Summary
Non-Life Insurance in Germany 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 German non-life insurance market had total gross written premiums of $126.0bn in 2017, representing a compound annual growth rate (CAGR) of 2.7% between 2013 and 2017.
- The motor segment was the market's most lucrative in 2017, with total gross written premiums of $57.7bn, equivalent to 45.8% of the market's overall value.
- According to MarketLine, the German new car market volumes grew with a CAGR of 3.9% between 2013 and 2017. As cars are the primary method of transportation in Germany and insurance is a legal requirement, this segment is a key growth driver in the market.
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 Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Germany
- 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 Germany non-life insurance market with five year forecasts
Reasons to buy
- What was the size of the Germany non-life insurance market by value in 2017?
- What will be the size of the Germany non-life insurance market in 2022?
- What factors are affecting the strength of competition in the Germany non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Germany'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 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market share 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 16
New entrants 18
Threat of substitutes 20
Degree of rivalry 21
Leading Companies 23
Allianz Group 23
AXA SA 27
Talanx AG 32
R+V Versicherung AG 37
Macroeconomic Indicators 40
Country data 40
Methodology 42
Industry associations 43
Related MarketLine research 43
Appendix 44
About MarketLine 44
List of Tables
Table 1: Germany non-life insurance market value: $ billion, 2013–17
Table 2: Germany non–life insurance market category segmentation: $ billion, 2017
Table 3: Germany non–life insurance market geography segmentation: $ billion, 2017
Table 4: Germany non-life insurance market share: % share, by value, 2017
Table 5: Germany 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: Talanx AG: key facts
Table 15: Talanx AG: key financials ($)
Table 16: Talanx AG: key financials (€)
Table 17: Talanx AG: key financial ratios
Table 18: R+V Versicherung AG: key facts
Table 19: R+V Versicherung AG: key financials ($)
Table 20: R+V Versicherung AG: key financials (€)
Table 21: R+V Versicherung AG: key financial ratios
Table 22: Germany size of population (million), 2013–17
Table 23: Germany gdp (constant 2005 prices, $ billion), 2013–17
Table 24: Germany gdp (current prices, $ billion), 2013–17
Table 25: Germany inflation, 2013–17
Table 26: Germany consumer price index (absolute), 2013–17
Table 27: Germany exchange rate, 2013–17
List of Figures
Figure 1: Germany non-life insurance market value: $ billion, 2013–17
Figure 2: Germany non–life insurance market category segmentation: % share, by value, 2017
Figure 3: Germany non–life insurance market geography segmentation: % share, by value, 2017
Figure 4: Germany non-life insurance market share: % share, by value, 2017
Figure 5: Germany non-life insurance market value forecast: $ billion, 2017–22
Figure 6: Forces driving competition in the non-life insurance market in Germany, 2017
Figure 7: Drivers of buyer power in the non-life insurance market in Germany, 2017
Figure 8: Drivers of supplier power in the non-life insurance market in Germany, 2017
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Germany, 2017
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Germany, 2017
Figure 11: Drivers of degree of rivalry in the non-life insurance market in Germany, 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: Talanx AG: revenues & profitability
Figure 17: Talanx AG: assets & liabilities
Figure 18: R+V Versicherung AG: revenues & profitability
Figure 19: R+V Versicherung AG: assets & liabilities
