Insurance in Australia
- Pages: 44
- Published: February 2020
- Report Code: OHMF9066
Insurance in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– 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 Australian insurance market had total gross written premiums of $79.1bn in 2018, representing a compound annual rate of change (CARC) of -3.5% between 2014 and 2018.
– The non-life insurance segment was the market's most lucrative in 2018, with total gross written premiums of $49.0bn, equivalent to 61.9% of the market's overall value.
– A hike in premiums of motor insurance in 2016 led the market’s growth to accelerate that year.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Australia
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Australia
– 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 Australia insurance market with five year forecasts
Reasons to buy
- What was the size of the Australia insurance market by value in 2018?
- What will be the size of the Australia insurance market in 2023?
- What factors are affecting the strength of competition in the Australia insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Australia's insurance market?
Companies mentioned
Suncorp Group Ltd
Insurance Australia Group Ltd
QBE Insurance Group Limited
Allianz SE
Table of Contents
List of Tables
List of Figures
Pricing
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