The global insurance market had total gross written premiums of $4,760.8bn in 2017.


Posted January 4, 2019 by Aarkstore

The global insurance market worth USD 4,760.8bn in 2017. Get Insurance market research report with market size, growth, and forecast 2022.

 
Global Insurance 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.

The global insurance market had total gross written premiums of $4,760.8bn in 2017, representing a compound annual growth rate (CAGR) of 4.3% between 2013 and 2017.

Essential resource for top-line data and analysis covering the global insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. 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 2017 average exchange rates.
The global insurance market had total gross written premiums of $4,760.8bn in 2017, representing a compound annual growth rate (CAGR) of 4.3% between 2013 and 2017.
The life segment was the markets most lucrative in 2017, with total gross written premiums of $2,611.1bn, equivalent to 54.8% of the markets overall value.
The rapid emergence of Asia-Pacific markets, particularly China, has largely contributed to the growth of the global market. This contribution becomes more apparent from the fact that developed markets such as those in Europe or the US have steadily fallen below the global average due to saturation and high penetration rates of non-life insurance. The low interest environment, especially in Europe, has eroded the investment income of insurers, preventing stimulation through premium undercutting means.

The scope of the report

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

Industry Analysis

Market size of the global insurance market by value in 2017.
Size of the global insurance market in 2022.
Factors affecting the strength of competition in the global insurance market.
Market performance over the last five years.
Top competitors in the global insurance market.

For more information or for report request, visit @ https://www.aarkstore.com/financial-services/1010213/insurance-global-industry-guide
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Categories Finance , Reports , Research
Tags Global Insurance Industry Analysis , global insurance market report , Insurance Global Industry Guide , insurance market research reports , Insurance Industry Research Reports
Last Updated January 4, 2019