Dublin, May 04, 2021 (GLOBE NEWSWIRE) -- The "Insurance Global Industry Almanac 2016-2025" report has been added to ResearchAndMarkets.com's offering.
Global 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.
The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
The life insurance sector consists of mortality protection and annuity.
The non-life insurance sector consists of accident and health, and property and casualty insurance segments.
All currency conversions have been calculated at constant annual 2019 average exchange rates.
The total impact of the COVID-19 pandemic on the Insurance industry is currently uncertain, but early indications show that gross premium income was adversely affected in 2020. There is no way of knowing the length of the pandemic, though announcements of vaccines bring hope that there is an end in sight, and as a result, the likes of the Insurance industry will return to positive growth in 2021.
The global insurance market is expected to generate total gross written premiums of $5,825.4bn in 2020, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2020.
The non-life insurance segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $3,093.3bn, equivalent to 53.1% of the market's overall value.
One of the main drivers of insurance spending is consumer confidence.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global insurance market.
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global insurance market.
Leading company profiles reveal details of key insurance market players' global operations and financial performance.
Add weight to presentations and pitches by understanding the future growth prospects of the global insurance market with five year forecasts.
OP Financial Group
LocalTapiola General Mutual Insurance Company
CNP Assurances SA
Credit Agricole SA
BNP Paribas Cardif
R+V Versicherung AG
ICICI Lombard General Insurance Co Ltd
The New India Assurance Co Ltd
SBI Life Insurance Co Ltd
HDFC Bank Ltd
Assicurazioni Generali SpA
Intesa Sanpaolo SpA
Poste Italiane Group
Meiji Yasuda Life Insurance Co
Japan Post Insurance Co., Ltd.
Nippon Life Insurance Company
Dai-ichi Life Holdings Inc
Qualitas Controladora SAB de CV
Grupo Nacional Provincial SAB
ASR Nederland NV
Nationale-Nederlanden Levensverzekering Maatschappij N.V.
Gjensidige Forsikring ASA
SpareBank 1 Nord-Norge
Protector Forsikring ASA
VTB Insurance Ltd
Alfa Group Consortium (Wealth Management)
The Great Eastern Life Assurance Company Ltd
AIA Group Limited
Manulife (Singapore) Pte Ltd
Hollard Insurance Group
Guardrisk Insurance Company Ltd
Old Mutual Investment Group (Pty) Ltd
Samsung Fire & Marine Insurance Co Ltd
Hyundai Marine & Fire Insurance Co Ltd
Hanwha Life Insurance Co Ltd
VidaCaixa, S.A.U. de Seguros y Reaseguros
Svenska Handelsbanken AB
Anadolu Anonim Turk Sigorta Sirketi
Lloyds Banking Group Plc
Zurich Insurance Group Ltd
State Farm Mutual Automobile Insurance Co
Berkshire Hathaway Inc
The Northwestern Mutual Life Insurance Co
Suncorp Group Ltd
Insurance Australia Group Ltd
QBE Insurance Group Limited
Banco Bradesco SA
Banco do Brasil SA
Intact Financial Corp
Ping An Insurance (Group) Company of China, Ltd.
China Life Insurance Co Ltd
The People's Insurance Company (Group) of China Ltd
Alm. Brand A/S
Codan Forsikring AS
For more information about this report visit https://www.researchandmarkets.com/r/agfep4
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900