Non-Life Insurance in Australia

Non-Life Insurance in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Australia non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 Australian non-life insurance market is expected to generate total gross written premiums of $32.8bn in 2015, representing a compound annual growth rate (CAGR) of 5.8% between 2011 and 2015.

The motor segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $12.5bn, equivalent to 38.3% of the market's overall value.

The strong growth seen in this market prior to 2014 can largely be attributed to an expansion in property related business, which in turn led to an increase in fire and house insurance policies.

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 Australia

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Australia

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 Australia non-life insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Australia economy

Reasons to buy

What was the size of the Australia non-life insurance market by value in 2015?

What will be the size of the Australia non-life insurance market in 2020?

What factors are affecting the strength of competition in the Australia non-life insurance market?

How has the market performed over the last five years?

Who are the top competitiors in Australia's non-life insurance market?

Companies mentioned

Allianz Australia Limited, Insurance Australia Group Limited, QBE Insurance Group Limited, Suncorp Group Limited

Table of Contents

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 19

Degree of rivalry 20

Leading Companies 21

Allianz Australia Limited 21

Insurance Australia Group Limited 22

QBE Insurance Group Limited 25

Suncorp Group Limited 28

Macroeconomic Indicators 31

Country Data 31

Methodology 33

Industry associations 34

Related MarketLine research 34

Appendix 35

About MarketLine 35

List of Tables

Table 1: Australia non-life insurance market value: $ billion, 201115(e)

Table 2: Australia nonlife insurance market category segmentation: $ billion, 2015(e)

Table 3: Australia nonlife insurance market geography segmentation: $ billion, 2015(e)

Table 4: Australia non-life insurance market share: % share, by value, 2015(e)

Table 5: Australia non-life insurance market value forecast: $ billion, 201520

Table 6: Allianz Australia Limited: key facts

Table 7: Insurance Australia Group Limited: key facts

Table 8: Insurance Australia Group Limited: key financials ($)

Table 9: Insurance Australia Group Limited: key financials (A$)

Table 10: Insurance Australia Group Limited: key financial ratios

Table 11: QBE Insurance Group Limited: key facts

Table 12: QBE Insurance Group Limited: key financials ($)

Table 13: QBE Insurance Group Limited: key financial ratios

Table 14: Suncorp Group Limited: key facts

Table 15: Suncorp Group Limited: key financials ($)

Table 16: Suncorp Group Limited: key financials (A$)

Table 17: Suncorp Group Limited: key financial ratios

Table 18: Australia size of population (million), 201115

Table 19: Australia gdp (constant 2005 prices, $ billion), 201115

Table 20: Australia gdp (current prices, $ billion), 201115

Table 21: Australia inflation, 201115

Table 22: Australia consumer price index (absolute), 201115

Table 23: Australia exchange rate, 201115

List of Figures

Figure 1: Australia non-life insurance market value: $ billion, 201115(e)

Figure 2: Australia nonlife insurance market category segmentation: % share, by value, 2015(e)

Figure 3: Australia nonlife insurance market geography segmentation: % share, by value, 2015(e)

Figure 4: Australia non-life insurance market share: % share, by value, 2015(e)

Figure 5: Australia non-life insurance market value forecast: $ billion, 201520

Figure 6: Forces driving competition in the non-life insurance market in Australia, 2015

Figure 7: Drivers of buyer power in the non-life insurance market in Australia, 2015

Figure 8: Drivers of supplier power in the non-life insurance market in Australia, 2015

Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in Australia, 2015

Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in Australia, 2015

Figure 11: Drivers of degree of rivalry in the non-life insurance market in Australia, 2015

Figure 12: Insurance Australia Group Limited: revenues & profitability

Figure 13: Insurance Australia Group Limited: assets & liabilities

Figure 14: QBE Insurance Group Limited: revenues & profitability

Figure 15: QBE Insurance Group Limited: assets & liabilities

Figure 16: Suncorp Group Limited: revenues & profitability

Figure 17: Suncorp Group Limited: assets & liabilities

List of Tables

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List of Figures

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