Life Insurance - Top 5 Emerging Markets Industry Guide
Datamonitor's Life Insurance: Top 5 Emerging Markets Industry Guide is an essential resource for top-level data and analysis covering the Life Insurance industry in each of the Top 5 Emerging markets (Brazil, China, India, Mexico and South Africa). The report includes easily comparable data on market value, volume, segmentation and market share, plus full five year market forecasts. It examines future problems, innovations and potential growth areas within the market.
Scope of the Report
* Contains an executive summary and data on value, volume and segmentation
* Provides textual analysis of the industry's prospects, competitive landscape and profiles of the leading companies
* Incorporates in-depth five forces competitive environment analysis and scorecards
* Compares data from Brazil, China, India, Mexico and South Africa, alongside individual chapters on each country. .
* Includes a five-year forecast of the industry
Highlights
The Top 5 Emerging countries contributed $158.6 billion to the global life insurance industry in 2007, with a CAGR of 17.6% between 2003 and 2007
In 2012, the market is forecast to have a value of $308.4 billion, with a CAGR of 14.2% over the 2007–2012 period.
China is the leading country among the Top 5 emerging nations, with market revenues of $65 billion in 2007.
Why you should buy this report
* Spot future trends and developments
* Inform your business decisions
* Add weight to presentations and marketing materials
* Save time carrying out entry-level research
Market Definition
The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2007 annual average exchange rates.
The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as GDP, population growth and long-term interest rates.
Table of Contents
CHAPTER 1 Introduction 13
1.1 What is this report about? 13
1.2 Who is the target reader? 13
1.3 How to use this report 13
1.4 Definitions 14
CHAPTER 2 TOP 5 EMERGING COUNTRIES LIFE INSURANCE INDUSTRY OUTLOOK 15
CHAPTER 3 LIFE INSURANCE IN BRAZIL 19
3.1 Market Overview 19
3.2 Market Value 20
3.3 Market Segmentation I 21
3.4 Market Segmentation II 22
3.5 Market Share 23
3.6 Five Forces Analysis 24
3.7 Leading Companies 30
3.8 Market Forecasts 34
3.9 Macroeconomic Indicators 35
CHAPTER 4 LIFE INSURANCE IN CHINA 37
4.1 Market Overview 37
4.2 Market Value 38
4.3 Market Segmentation I 39
4.4 Market Segmentation II 40
4.5 Market Share 41
4.6 Five Forces Analysis 42
4.7 Leading Companies 49
4.8 Market Forecasts 56
4.9 Macroeconomic Indicators 57
CHAPTER 5 LIFE INSURANCE IN INDIA 59
5.1 Market Overview 59
5.2 Market Value 60
5.3 Market Segmentation I 61
5.4 Market Segmentation II 62
5.5 Market Share 63
5.6 Five Forces Analysis 64
5.7 Leading Companies 71
5.8 Market Forecasts 81
5.9 Macroeconomic Indicators 82
CHAPTER 6 LIFE INSURANCE IN MEXICO 84
6.1 Market Overview 84
6.2 Market Value 85
6.3 Market Segmentation I 86
6.4 Market Segmentation II 87
6.5 Market Share 88
6.6 Five Forces Analysis 89
6.7 Leading Companies 96
6.8 Market Forecasts 103
6.9 Macroeconomic Indicators 104
CHAPTER 7 LIFE INSURANCE IN SOUTH AFRICA 106
7.1 Market Overview 106
7.2 Market Value 107
7.3 Market Segmentation 108
7.4 Market Share 109
7.5 Five Forces Analysis 110
7.6 Leading Companies 117
7.7 Market Forecasts 123
7.8 Macroeconomic Indicators 124
CHAPTER 8 Appendix 126
8.1 Data Research Methodology 126
List of Tables
Table 1: Top 5 emerging countries Life Insurance industry, revenue ($bn) 2003–2012 16
Table 2: Top 5 emerging countries Life Insurance industry, revenue ($bn) 2003–2007 17
Table 3: Top 5 emerging countries Life Insurance industry forecast, revenue ($bn) 2007–2012 18
Table 4: Brazil Life Insurance Market Value: $ billion, 2003-2007 20
Table 5: Brazil Life Insurance Market Segmentation I: % Share, by Value, 2007 21
Table 6: Brazil Life Insurance Market Segmentation II: % Share, by Value, 2007 22
Table 7: Brazil Life Insurance Market Share: % Share, by Value, 2007 23
Table 8: Key Facts: Itaú Vida e Previdência S.A. 30
Table 9: Key Facts: Brasilprev Seguros e Previdência S/A 32
Table 10: Key Facts: Santander Seguros S/A 33
Table 11: Brazil Life Insurance Market Value Forecast: $ billion, 2007-2012 34
Table 12: Brazil Size of Population (million) , 2003-2007 35
Table 13: Brazil GDP (Constant 2000 Prices, $ billion), 2003-2007 35
Table 14: Brazil Inflation, 2003-2007 35
Table 15: Brazil Exchange Rate, 2003 36
Table 16: China Life Insurance Market Value: $ billion, 2003-2007 38
Table 17: China Life Insurance Market Segmentation I: % Share, by Value, 2007 39
Table 18: China Life Insurance Market Segmentation II: % Share, by Value, 2007 40
Table 19: China Life Insurance Market Share: % Share, by Value, 2007 41
Table 20: Key Facts: China Life Insurance Company Limited 49
Table 21: Key Financials: China Life Insurance Company Limited 51
Table 22: Key Facts: Ping An Insurance (Group) Co of China Ltd 52
Table 23: Key Financials: Ping An Insurance (Group) Co of China Ltd 54
Table 24: Key Facts: China Pacific 55
Table 25: China Life Insurance Market Value Forecast: $ billion, 2007-2012 56
Table 26: China Size of Population (million) , 2003-2007 57
Table 27: China GDP (Constant 2000 Prices, $ billion), 2003-2007 57
Table 28: China Inflation, 2003-2007 57
Table 29: China Exchange Rate, 2003 58
Table 30: India Life Insurance Market Value: $ billion, 2003-2007 60
Table 31: India Life Insurance Market Segmentation I: % Share, by Value, 2007 61
Table 32: India Life Insurance Market Segmentation II: % Share, by Value, 2007 62
Table 33: India Life Insurance Market Share: % Share, by Value, 2007 63
Table 34: Key Facts: ICICI Bank Limited 71
Table 35: Key Facts: Allianz AG 73
Table 36: Key Financials: Allianz AG 77
Table 37: Key Facts: State Bank of India 78
Table 38: India Life Insurance Market Value Forecast: $ billion, 2007-2012 81
Table 39: India Size of Population (million) , 2003-2007 82
Table 40: India GDP (Constant 2000 Prices, $ billion), 2003-2007 82
Table 41: India Inflation, 2003-2007 82
Table 42: India Exchange Rate, 2003 83
Table 43: Mexico Life Insurance Market Value: $ billion, 2003-2007 85
Table 44: Mexico Life Insurance Market Segmentation I: % Share, by Value, 2007 86
Table 45: Mexico Life Insurance Market Segmentation II: % Share, by Value, 2007 87
Table 46: Mexico Life Insurance Market Share: % Share, by Value, 2007 88
Table 47: Key Facts: MetLife, Inc. 96
Table 48: Key Financials: MetLife, Inc. 98
Table 49: Key Facts: Grupo Nacional Provincial S.A.B 99
Table 50: Key Facts: Banco Bilbao Vizcaya Argentaria (BBVA) 100
Table 51: Key Financials: Banco Bilbao Vizcaya Argentaria (BBVA) 102
Table 52: Mexico Life Insurance Market Value Forecast: $ billion, 2007-2012 103
Table 53: Mexico Size of Population (million) , 2003-2007 104
Table 54: Mexico GDP (Constant 2000 Prices, $ billion), 2003-2007 104
Table 55: Mexico Inflation, 2003-2007 104
Table 56: Mexico Exchange Rate, 2003 105
Table 57: South Africa Life Insurance Market Value: $ billion, 2003-2007 107
Table 58: South Africa Life Insurance Market Segmentation: % Share, by Value, 2007 108
Table 59: South Africa Life Insurance Market Share: % Share, by Value, 2007 109
Table 60: Key Facts: Old Mutual 117
Table 61: Key Facts: Sanlam Limited 119
Table 62: Key Facts: Liberty Group Limited 121
Table 63: South Africa Life Insurance Market Value Forecast: $ billion, 2007-2012 123
Table 64: South Africa Size of Population (million) , 2003-2007 124
Table 65: South Africa GDP (Constant 2000 Prices, $ billion), 2003-2007 124
Table 66: South Africa Inflation, 2003-2007 124
Table 67: South Africa Exchange Rate, 2003-2007 125
List of Figures
Figure 1: Top 5 emerging countries Life Insurance industry, revenue ($bn) 2003–2012 15
Figure 2: Top 5 emerging countries Life Insurance industry, revenue ($bn) 2003–2007 17
Figure 3: Top 5 emerging countries Life Insurance industry forecast, revenue ($bn) 2007–2012 18
Figure 4: Brazil Life Insurance Market Value: $ billion, 2003-2007 20
Figure 5: Brazil Life Insurance Market Segmentation I: % Share, by Value, 2007 21
Figure 6: Brazil Life Insurance Market Segmentation II: % Share, by Value, 2007 22
Figure 7: Brazil Life Insurance Market Share: % Share, by Value, 2007 23
Figure 8: Forces Driving Competition in the Life insurance Market in Brazil, 2007 24
Figure 9: Drivers of Buyer Power in the Life insurance Market in Brazil, 2007 25
Figure 10: Drivers of Supplier Power in the Life insurance Market in Brazil, 2007 26
Figure 11: Factors Influencing the Likelihood of New Entrants in the Life insurance Market in Brazil, 2007 27
Figure 12: Factors Influencing the Threat of Substitutes in the Life insurance Market in Brazil, 2007 28
Figure 13: Drivers of Degree of Rivalry in the Life insurance Market in Brazil, 2007 29
Figure 14: Brazil Life Insurance Market Value Forecast: $ billion, 2007-2012 34
Figure 15: China Life Insurance Market Value: $ billion, 2003-2007 38
Figure 16: China Life Insurance Market Segmentation I: % Share, by Value, 2007 39
Figure 17: China Life Insurance Market Segmentation II: % Share, by Value, 2007 40
Figure 18: China Life Insurance Market Share: % Share, by Value, 2007 41
Figure 19: 41
Figure 20: Forces Driving Competition in the Life Insurance Market in China, 2007 42
Figure 21: Drivers of Buyer Power in the Life Insurance Market in China, 2007 43
Figure 22: Drivers of Supplier Power in the Life Insurance Market in China, 2007 45
Figure 23: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in China, 2007 46
Figure 24: Factors Influencing the Threat of Substitutes in the Life Insurance Market in China, 2007 47
Figure 25: Drivers of Degree of Rivalry in the Life Insurance Market in China, 2007 48
Figure 26: Revenues & Profitability: China Life Insurance Company Limited 51
Figure 27: Revenues & Profitability: Ping An Insurance (Group) Co of China Ltd 54
Figure 28: China Life Insurance Market Value Forecast: $ billion, 2007-2012 56
Figure 29: India Life Insurance Market Value: $ billion, 2003-2007 60
Figure 30: India Life Insurance Market Segmentation I: % Share, by Value, 2007 61
Figure 31: India Life Insurance Market Segmentation II: % Share, by Value, 2007 62
Figure 32: India Life Insurance Market Share: % Share, by Value, 2007 63
Figure 33: Forces Driving Competition in the Life Insurance Market in India, 2007 64
Figure 34: Drivers of Buyer Power in the Life Insurance Market in India, 2007 65
Figure 35: Drivers of Supplier Power in the Life Insurance Market in India, 2007 67
Figure 36: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in India, 2007 68
Figure 37: Factors Influencing the Threat of Substitutes in the Life Insurance Market in India, 2007 69
Figure 38: Drivers of Degree of Rivalry in the Life Insurance Market in India, 2007 70
Figure 39: Revenues & Profitability: Allianz AG 77
Figure 40: India Life Insurance Market Value Forecast: $ billion, 2007-2012 81
Figure 41: Mexico Life Insurance Market Value: $ billion, 2003-2007 85
Figure 42: Mexico Life Insurance Market Segmentation I: % Share, by Value, 2007 86
Figure 43: Mexico Life Insurance Market Segmentation II: % Share, by Value, 2007 87
Figure 44: Mexico Life Insurance Market Share: % Share, by Value, 2007 88
Figure 45: Forces Driving Competition in the Life Insurance Market in Mexico, 2007 89
Figure 46: Drivers of Buyer Power in the Life Insurance Market in Mexico, 2007 90
Figure 47: Drivers of Supplier Power in the Life Insurance Market in Mexico, 2007 92
Figure 48: Factors Influencing the Likelihood of New Entrants in the Life Insurance Market in Mexico, 2007 93
Figure 49: Factors Influencing the Threat of Substitutes in the Life Insurance Market in Mexico, 2007 94
Figure 50: Drivers of Degree of Rivalry in the Life Insurance Market in Mexico, 2007 95
Figure 51: Revenues & Profitability: MetLife, Inc. 98
Figure 52: Revenues & Profitability: Banco Bilbao Vizcaya Argentaria (BBVA) 102
Figure 53: Mexico Life Insurance Market Value Forecast: $ billion, 2007-2012 103
Figure 54: South Africa Life Insurance Market Value: $ billion, 2003-2007 107
Figure 55: South Africa Life Insurance Market Segmentation: % Share, by Value, 2007 108
Figure 56: South Africa Life Insurance Market Share: % Share, by Value, 2007 109
Figure 57: Forces Driving Competition in the Life Insuarance Market in South Africa, 2007 110
Figure 58: Drivers of Supplier Power in the Life Insuarance Market in South Africa, 2007 111
Figure 59: Drivers of Supplier Power in the Life Insuarance Market in South Africa, 2007 113
Figure 60: Factors Influencing the Likelihood of New Entrants in the Life Insuarance Market in South Africa, 2007 114
Figure 61: Factors Influencing the Threat of Substitutes in the Life Insuarance Market in South Africa, 2007 115
Figure 62: Drivers of Degree of Rivalry in the Life Insuarance Market in South Africa, 2007 116
Figure 63: South Africa Life Insurance Market Value Forecast: $ billion, 2007-2012 123