Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027 (Global Almanac)
Global Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-22, 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.
- 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.
- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global non-life insurance market had total gross written premiums of $3,895.8 million in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
- The Property segment accounted for market’s the largest proportion in 2022, with total gross written premiums of $1,228.3 million, equivalent to 31.5% of the market’s overall value.
- The Global non-life insurance market grew by 3.8% in 2022. The market experienced moderate growth in the historic period at a CAGR of 5.3% between 2017 and 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global non-life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global non-life insurance market
- 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 global non-life insurance market with five year forecasts
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- What was the size of the global non-life insurance market by value in 2022?
- What will be the size of the global non-life insurance market in 2027?
- What factors are affecting the strength of competition in the global non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the global non-life insurance market?