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  2. > Financial Services
  3. > Insurance Market Trends
  4. > Non-Life Insurance in India

Non-Life Insurance in India

  • January 2016
  • -
  • MarketLine
  • -
  • 31 pages

Introduction

Non-Life Insurance in India 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 India non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

- 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 Indian non-life insurance market is expected to generate total gross written premiums of $16.5bn in 2015, representing a compound annual growth rate (CAGR) of 13.9% between 2011 and 2015.

- The motor segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $7.1bn, equivalent to 42.7% of the market's overall value.

- While insurance penetration is currently low in this country, it is a fast growing market that is helping to drive growth in the Asia-Pacific region. Rising incomes and an expanding middle class is increasing demand for non-life insurance products

Features

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in India

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

- 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 India non-life insurance market with five year forecasts

- Macroeconomic indicators provide insight into general trends within the India economy

Key Questions Answered

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

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

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

- How has the market performed over the last five years?

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

Table Of Contents

Non-Life Insurance in India
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
National Insurance Company Limited 21
The New India Assurance Co., Ltd. 22
The Oriental Insurance Company Ltd. 23
United India Insurance Co. Ltd 25
Macroeconomic Indicators 26
Country Data 26
Methodology 28
Industry associations 29
Related MarketLine research 29
Appendix 30
About MarketLine 30

List of Tables
Table 1: India non-life insurance market value: $ billion, 2011-15(e)
Table 2: India non-life insurance market category segmentation: $ billion, 2015(e)
Table 3: India non-life insurance market geography segmentation: $ billion, 2015(e)
Table 4: India non-life insurance market share: % share, by value, 2015(e)
Table 5: India non-life insurance market value forecast: $ billion, 2015-20
Table 6: National Insurance Company Limited: key facts
Table 7: The New India Assurance Co., Ltd.: key facts
Table 8: The Oriental Insurance Company Ltd.: key facts
Table 9: United India Insurance Co. Ltd: key facts
Table 10: India size of population (million), 2011-15
Table 11: India gdp (constant 2005 prices, $ billion), 2011-15
Table 12: India gdp (current prices, $ billion), 2011-15
Table 13: India inflation, 2011-15
Table 14: India consumer price index (absolute), 2011-15
Table 15: India exchange rate, 2011-15

List of Figures
Figure 1: India non-life insurance market value: $ billion, 2011-15(e)
Figure 2: India non-life insurance market category segmentation: % share, by value, 2015(e)
Figure 3: India non-life insurance market geography segmentation: % share, by value, 2015(e)
Figure 4: India non-life insurance market share: % share, by value, 2015(e)
Figure 5: India non-life insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the non-life insurance market in India, 2015
Figure 7: Drivers of buyer power in the non-life insurance market in India, 2015
Figure 8: Drivers of supplier power in the non-life insurance market in India, 2015
Figure 9: Factors influencing the likelihood of new entrants in the non-life insurance market in India, 2015
Figure 10: Factors influencing the threat of substitutes in the non-life insurance market in India, 2015
Figure 11: Drivers of degree of rivalry in the non-life insurance market in India, 2015

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