Non-life Insurance - World Market Group of Eight (G8) Market Overview (Market size, Segmentation and Trends Analysis)
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- November 2012
- by MarketLine
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Non-life Insurance - Global Group of Eight (G8) Industry Guide is an essential resource for top-level data and analysis covering the Non-life Insurance industry in each of the G8 (United States, Canada, Germany, France, United Kingdom, Italy, Russia and Japan) countries. 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 the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country. .
* Includes a five-year forecast of the industry
Highlights
The G8 countries contributed $1,302.1 billion in 2011 to the global non-life insurance industry, with a compound annual growth rate (CAGR) of 1.4% between 2007 and 2011. The G8 countries are expected to reach a value of $1,517.9 billion in 2016, with a CAGR of 3.1% over the 2011-16 period.
Among the G8 countries, the US holds the major share of the non-life insurance industry. It accounted for a share of 51.2% in 2011.
Among the G8 nations, the US is the leading country in the non-life insurance industry, with market revenues of $667.1 billion in 2011.
The US is expected to lead the non-life insurance industry in the G8 nations with a value of $797.0 billion in 2016.
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 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 amongst others. The value of the non-life insurance market is shown in terms of gross premium incomes. Any currency conversions used in the report have been calculated using constant 2011 annual average exchange rates. The non-life 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 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 the growth of base drivers, such as population numbers, GDP growth, and long-term interest rates.
TABLE OF CONTENTS
Introduction 17
What is this report about? 17
Who is the target reader? 17
How to use this report 17
Definitions 17
Group of Eight (G8) Non-Life Insurance Industry Outlook 18
Non-Life Insurance in Canada 25
Market Overview 25
Market Data 26
Market Segmentation 27
Market outlook 30
Five forces analysis 31
Macroeconomic indicators 37
Non-Life Insurance in France 39
Market Overview 39
Market Data 40
Market Segmentation 41
Market outlook 44
Five forces analysis 45
Macroeconomic indicators 51
Non-Life Insurance in Germany 53
Market Overview 53
Market Data 54
Market Segmentation 55
Market outlook 58
Five forces analysis 59
Macroeconomic indicators 65
Non-Life Insurance in Italy 67
Market Overview 67
Market Data 68
Market Segmentation 69
Market outlook 72
Five forces analysis 73
Macroeconomic indicators 79
Non-Life Insurance in Japan 81
Market Overview 81
Market Data 82
Market Segmentation 83
Market outlook 86
Five forces analysis 87
Macroeconomic indicators 93
Non-Life Insurance in Russia 95
Market Overview 95
Market Data 96
Market Segmentation 97
Market outlook 100
Five forces analysis 101
Macroeconomic indicators 107
Non-Life Insurance in The United Kingdom 109
Market Overview 109
Market Data 110
Market Segmentation 111
Market outlook 114
Five forces analysis 115
Macroeconomic indicators 121
Non-Life Insurance in The United States 123
Market Overview 123
Market Data 124
Market Segmentation 125
Market outlook 128
Five forces analysis 129
Macroeconomic indicators 135
Company Profiles 137
Leading companies 137
Appendix 229
Methodology 229
LIST OF TABLES
Table 1: G8 non-life insurance industry, revenue($bn), 2007-16 18
Table 2: G8 non-life insurance industry, revenue by country ($bn), 2007-11 21
Table 3: G8 non-life insurance industry forecast, revenue by country ($bn), 2011-16 23
Table 4: Canada non-life insurance market value: $ billion, 2007–11 26
Table 5: Canada non–life insurance market category segmentation: $ billion, 2011 27
Table 6: Canada non–life insurance market geography segmentation: $ billion, 2011 28
Table 7: Canada non-life insurance market share: % share, by value, 2011 29
Table 8: Canada non-life insurance market value forecast: $ billion, 2011–16 30
Table 9: Canada size of population (million), 2007–11 37
Table 10: Canada gdp (constant 2000 prices, $ billion), 2007–11 37
Table 11: Canada gdp (current prices, $ billion), 2007–11 37
Table 12: Canada inflation, 2007–11 38
Table 13: Canada consumer price index (absolute), 2007–11 38
Table 14: Canada exchange rate, 2007–11 38
Table 15: France non-life insurance market value: $ billion, 2007–11 40
Table 16: France non–life insurance market category segmentation: $ billion, 2011 41
Table 17: France non–life insurance market geography segmentation: $ billion, 2011 42
Table 18: France non-life insurance market share: % share, by value, 2011 43
Table 19: France non-life insurance market value forecast: $ billion, 2011–16 44
Table 20: France size of population (million), 2007–11 51
Table 21: France gdp (constant 2000 prices, $ billion), 2007–11 51
Table 22: France gdp (current prices, $ billion), 2007–11 51
Table 23: France inflation, 2007–11 52
Table 24: France consumer price index (absolute), 2007–11 52
Table 25: France exchange rate, 2007–11 52
Table 26: Germany non-life insurance market value: $ billion, 2007–11 54
Table 27: Germany non–life insurance market category segmentation: $ billion, 2011 55
Table 28: Germany non–life insurance market geography segmentation: $ billion, 2011 56
Table 29: Germany non-life insurance market share: % share, by value, 2011 57
Table 30: Germany non-life insurance market value forecast: $ billion, 2011–16 58
Table 31: Germany size of population (million), 2007–11 65
Table 32: Germany gdp (constant 2000 prices, $ billion), 2007–11 65
Table 33: Germany gdp (current prices, $ billion), 2007–11 65
Table 34: Germany inflation, 2007–11 66
Table 35: Germany consumer price index (absolute), 2007–11 66
Table 36: Germany exchange rate, 2007–11 66
Table 37: Italy non-life insurance market value: $ billion, 2007–11 68
Table 38: Italy non–life insurance market category segmentation: $ billion, 2011 69
Table 39: Italy non–life insurance market geography segmentation: $ billion, 2011 70
Table 40: Italy non-life insurance market share: % share, by value, 2011 71
Table 41: Italy non-life insurance market value forecast: $ billion, 2011–16 72
Table 42: Italy size of population (million), 2007–11 79
Table 43: Italy gdp (constant 2000 prices, $ billion), 2007–11 79
Table 44: Italy gdp (current prices, $ billion), 2007–11 79
Table 45: Italy inflation, 2007–11 80
Table 46: Italy consumer price index (absolute), 2007–11 80
Table 47: Italy exchange rate, 2007–11 80
Table 48: Japan non-life insurance market value: $ billion, 2007–11 82
Table 49: Japan non–life insurance market category segmentation: $ billion, 2011 83
Table 50: Japan non–life insurance market geography segmentation: $ billion, 2011 84
Table 51: Japan non-life insurance market share: % share, by value, 2011 85
Table 52: Japan non-life insurance market value forecast: $ billion, 2011–16 86
Table 53: Japan size of population (million), 2007–11 93
Table 54: Japan gdp (constant 2000 prices, $ billion), 2007–11 93
Table 55: Japan gdp (current prices, $ billion), 2007–11 93
Table 56: Japan inflation, 2007–11 94
Table 57: Japan consumer price index (absolute), 2007–11 94
Table 58: Japan exchange rate, 2007–11 94
Table 59: Russia non-life insurance market value: $ billion, 2007–11 96
Table 60: Russia non–life insurance market category segmentation: $ billion, 2011 97
Table 61: Russia non–life insurance market geography segmentation: $ billion, 2011 98
Table 62: Russia non-life insurance market share: % share, by value, 2011 99
Table 63: Russia non-life insurance market value forecast: $ billion, 2011–16 100
Table 64: Russia size of population (million), 2007–11 107
Table 65: Russia gdp (constant 2000 prices, $ billion), 2007–11 107
Table 66: Russia gdp (current prices, $ billion), 2007–11 107
Table 67: Russia inflation, 2007–11 108
Table 68: Russia consumer price index (absolute), 2007–11 108
Table 69: Russia exchange rate, 2007–11 108
Table 70: United Kingdom non-life insurance market value: $ billion, 2007–11 110
Table 71: United Kingdom non–life insurance market category segmentation: $ billion, 2011 111
Table 72: United Kingdom non–life insurance market geography segmentation: $ billion, 2011 112
Table 73: United Kingdom non-life insurance market share: % share, by value, 2011 113
Table 74: United Kingdom non-life insurance market value forecast: $ billion, 2011–16 114
Table 75: United Kingdom size of population (million), 2007–11 121
Table 76: United Kingdom gdp (constant 2000 prices, $ billion), 2007–11 121
Table 77: United Kingdom gdp (current prices, $ billion), 2007–11 121
Table 78: United Kingdom inflation, 2007–11 122
Table 79: United Kingdom consumer price index (absolute), 2007–11 122
Table 80: United Kingdom exchange rate, 2007–11 122
Table 81: United States non-life insurance market value: $ billion, 2007–11 124
Table 82: United States non–life insurance market category segmentation: $ billion, 2011 125
Table 83: United States non–life insurance market geography segmentation: $ billion, 2011 126
Table 84: United States non-life insurance market share: % share, by value, 2011 127
Table 85: United States non-life insurance market value forecast: $ billion, 2011–16 128
Table 86: United States size of population (million), 2007–11 135
Table 87: United States gdp (constant 2000 prices, $ billion), 2007–11 135
Table 88: United States gdp (current prices, $ billion), 2007–11 135
Table 89: United States inflation, 2007–11 136
Table 90: United States consumer price index (absolute), 2007–11 136
Table 91: United States exchange rate, 2007–11 136
Table 92: Aviva plc: key facts 137
Table 93: Aviva plc: key financials ($) 138
Table 94: Aviva plc: key financials (£) 138
Table 95: Aviva plc: key financial ratios 139
Table 96: Co-operators Group: key facts 141
Table 97: Co-operators Group: key financials ($) 142
Table 98: Co-operators Group: key financials (C$) 142
Table 99: Co-operators Group: key financial ratios 142
Table 100: Intact Financial Corporation: key facts 144
Table 101: Intact Financial Corporation: key financials ($) 145
Table 102: Intact Financial Corporation: key financials (C$) 145
Table 103: Intact Financial Corporation: key financial ratios 146
Table 104: RSA Insurance Group plc: key facts 148
Table 105: RSA Insurance Group plc: key financials ($) 149
Table 106: RSA Insurance Group plc: key financials (£) 149
Table 107: RSA Insurance Group plc: key financial ratios 149
Table 108: Assicurazioni Generali S.p.A.: key facts 151
Table 109: Assicurazioni Generali S.p.A.: key financials ($) 152
Table 110: Assicurazioni Generali S.p.A.: key financials (€) 152
Table 111: Assicurazioni Generali S.p.A.: key financial ratios 152
Table 112: AXA: key facts 154
Table 113: AXA: key financials ($) 155
Table 114: AXA: key financials (€) 155
Table 115: AXA: key financial ratios 156
Table 116: Covea Mutual Insurance Group Company: key facts 158
Table 117: Groupama S.A.: key facts 159
Table 118: Groupama S.A.: key financials ($) 160
Table 119: Groupama S.A.: key financials (€) 160
Table 120: Groupama S.A.: key financial ratios 160
Table 121: Allianz Group: key facts 162
Table 122: Allianz Group: key financials ($) 164
Table 123: Allianz Group: key financials (€) 164
Table 124: Allianz Group: key financial ratios 164
Table 125: AXA: key facts 166
Table 126: AXA: key financials ($) 167
Table 127: AXA: key financials (€) 167
Table 128: AXA: key financial ratios 168
Table 129: ERGO Versicherungsgruppe AG: key facts 170
Table 130: ERGO Versicherungsgruppe AG: key financials ($) 171
Table 131: ERGO Versicherungsgruppe AG: key financials (€) 171
Table 132: ERGO Versicherungsgruppe AG: key financial ratios 172
Table 133: R+V Allgemeine Versicherung AG: key facts 174
Table 134: Allianz Group: key facts 175
Table 135: Allianz Group: key financials ($) 177
Table 136: Allianz Group: key financials (€) 177
Table 137: Allianz Group: key financial ratios 177
Table 138: Assicurazioni Generali S.p.A.: key facts 179
Table 139: Assicurazioni Generali S.p.A.: key financials ($) 180
Table 140: Assicurazioni Generali S.p.A.: key financials (€) 180
Table 141: Assicurazioni Generali S.p.A.: key financial ratios 180
Table 142: Fondiaria-SAI, S.p.A.: key facts 182
Table 143: Fondiaria-SAI, S.p.A.: key financials ($) 183
Table 144: Fondiaria-SAI, S.p.A.: key financials (€) 183
Table 145: Fondiaria-SAI, S.p.A.: key financial ratios 183
Table 146: Unipol Gruppo Finanziario S.p.A.: key facts 185
Table 147: Unipol Gruppo Finanziario S.p.A.: key financials ($) 186
Table 148: Unipol Gruppo Finanziario S.p.A.: key financials (€) 186
Table 149: Unipol Gruppo Finanziario S.p.A.: key financial ratios 187
Table 150: MS&AD Insurance Group Holdings, Inc.: key facts 189
Table 151: MS&AD Insurance Group Holdings, Inc.: key financials ($) 190
Table 152: MS&AD Insurance Group Holdings, Inc.: key financials (¥) 190
Table 153: MS&AD Insurance Group Holdings, Inc.: key financial ratios 190
Table 154: NKSJ Holdings, Inc.: key facts 192
Table 155: Tokio Marine Holdings, Inc.: key facts 194
Table 156: Tokio Marine Holdings, Inc.: key financials ($) 195
Table 157: Tokio Marine Holdings, Inc.: key financials (¥) 195
Table 158: Tokio Marine Holdings, Inc.: key financial ratios 195
Table 159: Ingosstrakh Insurance Company: key facts 197
Table 160: Ingosstrakh Insurance Company: key financials ($) 197
Table 161: Ingosstrakh Insurance Company: key financials (RUB) 198
Table 162: Ingosstrakh Insurance Company: key financial ratios 198
Table 163: RESO-Garantia: key facts 200
Table 164: Rosgosstrakh: key facts 201
Table 165: SOGAZ OJSC: key facts 202
Table 166: Aviva plc: key facts 203
Table 167: Aviva plc: key financials ($) 204
Table 168: Aviva plc: key financials (£) 204
Table 169: Aviva plc: key financial ratios 205
Table 170: AXA: key facts 207
Table 171: AXA: key financials ($) 208
Table 172: AXA: key financials (€) 208
Table 173: AXA: key financial ratios 209
Table 174: RBS Insurance: key facts 211
Table 175: RBS Insurance: key financials ($) 212
Table 176: RBS Insurance: key financials (£) 212
Table 177: RBS Insurance: key financial ratios 212
Table 178: Zurich Financial Services: key facts 214
Table 179: Zurich Financial Services: key financials ($) 215
Table 180: Zurich Financial Services: key financial ratios 215
Table 181: Allstate Corporation: key facts 217
Table 182: Allstate Corporation: key financials ($) 218
Table 183: Allstate Corporation: key financial ratios 218
Table 184: American International Group, Inc.: key facts 220
Table 185: American International Group, Inc.: key financials ($) 221
Table 186: American International Group, Inc.: key financial ratios 221
Table 187: State Farm Insurance Company: key facts 223
Table 188: State Farm Insurance Company: key financials ($) 224
Table 189: State Farm Insurance Company: key financial ratios 224
Table 190: Zurich Financial Services: key facts 226
Table 191: Zurich Financial Services: key financials ($) 227
Table 192: Zurich Financial Services: key financial ratios 227
LIST OF FIGURES
Figure 1: G8 non-life insurance industry, revenue($bn), 2007-16 18
Figure 2: G8 Non-Life Insurance industry, revenue by country (%), 2011 20
Figure 3: G8 non-life insurance industry, revenue by country ($bn), 2007-11 21
Figure 4:G8 non-life insurance industry forecast, revenue by country ($bn), 2011-16 24
Figure 5: Canada non-life insurance market value: $ billion, 2007–11 26
Figure 6: Canada non–life insurance market category segmentation: % share, by value, 2011 27
Figure 7: Canada non–life insurance market geography segmentation: % share, by value, 2011 28
Figure 8: Canada non-life insurance market share: % share, by value, 2011 29
Figure 9: Canada non-life insurance market value forecast: $ billion, 2011–16 30
Figure 10: Forces driving competition in the non-life insurance market in Canada, 2011 31
Figure 11: Drivers of buyer power in the non-life insurance market in Canada, 2011 32
Figure 12: Drivers of supplier power in the non-life insurance market in Canada, 2011 33
Figure 13: Factors influencing the likelihood of new entrants in the non-life insurance market in Canada, 2011 34
Figure 14: Factors influencing the threat of substitutes in the non-life insurance market in Canada, 2011 35
Figure 15: Drivers of degree of rivalry in the non-life insurance market in Canada, 2011 36
Figure 16: France non-life insurance market value: $ billion, 2007–11 40
Figure 17: France non–life insurance market category segmentation: % share, by value, 2011 41
Figure 18: France non–life insurance market geography segmentation: % share, by value, 2011 42
Figure 19: France non-life insurance market share: % share, by value, 2011 43
Figure 20: France non-life insurance market value forecast: $ billion, 2011–16 44
Figure 21: Forces driving competition in the non-life insurance market in France, 2011 45
Figure 22: Drivers of buyer power in the non-life insurance market in France, 2011 46
Figure 23: Drivers of supplier power in the non-life insurance market in France, 2011 47
Figure 24: Factors influencing the likelihood of new entrants in the non-life insurance market in France, 2011 48
Figure 25: Factors influencing the threat of substitutes in the non-life insurance market in France, 2011 49
Figure 26: Drivers of degree of rivalry in the non-life insurance market in France, 2011 50
Figure 27: Germany non-life insurance market value: $ billion, 2007–11 54
Figure 28: Germany non–life insurance market category segmentation: % share, by value, 2011 55
Figure 29: Germany non–life insurance market geography segmentation: % share, by value, 2011 56
Figure 30: Germany non-life insurance market share: % share, by value, 2011 57
Figure 31: Germany non-life insurance market value forecast: $ billion, 2011–16 58
Figure 32: Forces driving competition in the non-life insurance market in Germany, 2011 59
Figure 33: Drivers of buyer power in the non-life insurance market in Germany, 2011 60
Figure 34: Drivers of supplier power in the non-life insurance market in Germany, 2011 61
Figure 35: Factors influencing the likelihood of new entrants in the non-life insurance market in Germany, 2011 62
Figure 36: Factors influencing the threat of substitutes in the non-life insurance market in Germany, 2011 63
Figure 37: Drivers of degree of rivalry in the non-life insurance market in Germany, 2011 64
Figure 38: Italy non-life insurance market value: $ billion, 2007–11 68
Figure 39: Italy non–life insurance market category segmentation: % share, by value, 2011 69
Figure 40: Italy non–life insurance market geography segmentation: % share, by value, 2011 70
Figure 41: Italy non-life insurance market share: % share, by value, 2011 71
Figure 42: Italy non-life insurance market value forecast: $ billion, 2011–16 72
Figure 43: Forces driving competition in the non-life insurance market in Italy, 2011 73
Figure 44: Drivers of buyer power in the non-life insurance market in Italy, 2011 74
Figure 45: Drivers of supplier power in the non-life insurance market in Italy, 2011 75
Figure 46: Factors influencing the likelihood of new entrants in the non-life insurance market in Italy, 2011 76
Figure 47: Factors influencing the threat of substitutes in the non-life insurance market in Italy, 2011 77
Figure 48: Drivers of degree of rivalry in the non-life insurance market in Italy, 2011 78
Figure 49: Japan non-life insurance market value: $ billion, 2007–11 82
Figure 50: Japan non–life insurance market category segmentation: % share, by value, 2011 83
Figure 51: Japan non–life insurance market geography segmentation: % share, by value, 2011 84
Figure 52: Japan non-life insurance market share: % share, by value, 2011 85
Figure 53: Japan non-life insurance market value forecast: $ billion, 2011–16 86
Figure 54: Forces driving competition in the non-life insurance market in Japan, 2011 87
Figure 55: Drivers of buyer power in the non-life insurance market in Japan, 2011 88
Figure 56: Drivers of supplier power in the non-life insurance market in Japan, 2011 89
Figure 57: Factors influencing the likelihood of new entrants in the non-life insurance market in Japan, 2011 90
Figure 58: Factors influencing the threat of substitutes in the non-life insurance market in Japan, 2011 91
Figure 59: Drivers of degree of rivalry in the non-life insurance market in Japan, 2011 92
Figure 60: Russia non-life insurance market value: $ billion, 2007–11 96
Figure 61: Russia non–life insurance market category segmentation: % share, by value, 2011 97
Figure 62: Russia non–life insurance market geography segmentation: % share, by value, 2011 98
Figure 63: Russia non-life insurance market share: % share, by value, 2011 99
Figure 64: Russia non-life insurance market value forecast: $ billion, 2011–16 100
Figure 65: Forces driving competition in the non-life insurance market in Russia, 2011 101
Figure 66: Drivers of buyer power in the non-life insurance market in Russia, 2011 102
Figure 67: Drivers of supplier power in the non-life insurance market in Russia, 2011 103
Figure 68: Factors influencing the likelihood of new entrants in the non-life insurance market in Russia, 2011 104
Figure 69: Factors influencing the threat of substitutes in the non-life insurance market in Russia, 2011 105
Figure 70: Drivers of degree of rivalry in the non-life insurance market in Russia, 2011 106
Figure 71: United Kingdom non-life insurance market value: $ billion, 2007–11 110
Figure 72: United Kingdom non–life insurance market category segmentation: % share, by value, 2011 111
Figure 73: United Kingdom non–life insurance market geography segmentation: % share, by value, 2011 112
Figure 74: United Kingdom non-life insurance market share: % share, by value, 2011 113
Figure 75: United Kingdom non-life insurance market value forecast: $ billion, 2011–16 114
Figure 76: Forces driving competition in the non-life insurance market in the United Kingdom, 2011 115
Figure 77: Drivers of buyer power in the non-life insurance market in the United Kingdom, 2011 116
Figure 78: Drivers of supplier power in the non-life insurance market in the United Kingdom, 2011 117
Figure 79: Factors influencing the likelihood of new entrants in the non-life insurance market in the United Kingdom, 2011 118
Figure 80: Factors influencing the threat of substitutes in the non-life insurance market in the United Kingdom, 2011 119
Figure 81: Drivers of degree of rivalry in the non-life insurance market in the United Kingdom, 2011 120
Figure 82: United States non-life insurance market value: $ billion, 2007–11 124
Figure 83: United States non–life insurance market category segmentation: % share, by value, 2011 125
Figure 84: United States non–life insurance market geography segmentation: % share, by value, 2011 126
Figure 85: United States non-life insurance market share: % share, by value, 2011 127
Figure 86: United States non-life insurance market value forecast: $ billion, 2011–16 128
Figure 87: Forces driving competition in the non-life insurance market in the United States, 2011 129
Figure 88: Drivers of buyer power in the non-life insurance market in the United States, 2011 130
Figure 89: Drivers of supplier power in the non-life insurance market in the United States, 2011 131
Figure 90: Factors influencing the likelihood of new entrants in the non-life insurance market in the United States, 2011 132
Figure 91: Factors influencing the threat of substitutes in the non-life insurance market in the United States, 2011 133
Figure 92: Drivers of degree of rivalry in the non-life insurance market in the United States, 2011 134
Figure 93: Aviva plc: revenues & profitability 139
Figure 94: Aviva plc: assets & liabilities 140
Figure 95: Co-operators Group: revenues & profitability 143
Figure 96: Co-operators Group: assets & liabilities 143
Figure 97: Intact Financial Corporation: revenues & profitability 146
Figure 98: Intact Financial Corporation: assets & liabilities 147
Figure 99: RSA Insurance Group plc: revenues & profitability 150
Figure 100: RSA Insurance Group plc: assets & liabilities 150
Figure 101: Assicurazioni Generali S.p.A.: revenues & profitability 153
Figure 102: Assicurazioni Generali S.p.A.: assets & liabilities 153
Figure 103: AXA: revenues & profitability 156
Figure 104: AXA: assets & liabilities 157
Figure 105: Groupama S.A.: revenues & profitability 161
Figure 106: Groupama S.A.: assets & liabilities 161
Figure 107: Allianz Group: revenues & profitability 165
Figure 108: Allianz Group: assets & liabilities 165
Figure 109: AXA: revenues & profitability 168
Figure 110: AXA: assets & liabilities 169
Figure 111: ERGO Versicherungsgruppe AG: revenues & profitability 172
Figure 112: ERGO Versicherungsgruppe AG: assets & liabilities 173
Figure 113: Allianz Group: revenues & profitability 178
Figure 114: Allianz Group: assets & liabilities 178
Figure 115: Assicurazioni Generali S.p.A.: revenues & profitability 181
Figure 116: Assicurazioni Generali S.p.A.: assets & liabilities 181
Figure 117: Fondiaria-SAI, S.p.A.: revenues & profitability 184
Figure 118: Fondiaria-SAI, S.p.A.: assets & liabilities 184
Figure 119: Unipol Gruppo Finanziario S.p.A.: revenues & profitability 187
Figure 120: Unipol Gruppo Finanziario S.p.A.: assets & liabilities 188
Figure 121: MS&AD Insurance Group Holdings, Inc.: revenues & profitability 191
Figure 122: MS&AD Insurance Group Holdings, Inc.: assets & liabilities 191
Figure 123: Tokio Marine Holdings, Inc.: revenues & profitability 196
Figure 124: Tokio Marine Holdings, Inc.: assets & liabilities 196
Figure 125: Ingosstrakh Insurance Company: revenues & profitability 198
Figure 126: Ingosstrakh Insurance Company: assets & liabilities 199
Figure 127: Aviva plc: revenues & profitability 205
Figure 128: Aviva plc: assets & liabilities 206
Figure 129: AXA: revenues & profitability 209
Figure 130: AXA: assets & liabilities 210
Figure 131: RBS Insurance: revenues & profitability 213
Figure 132: RBS Insurance: assets & liabilities 213
Figure 133: Zurich Financial Services: revenues & profitability 216
Figure 134: Zurich Financial Services: assets & liabilities 216
Figure 135: Allstate Corporation: revenues & profitability 219
Figure 136: Allstate Corporation: assets & liabilities 219
Figure 137: American International Group, Inc.: revenues & profitability 222
Figure 138: American International Group, Inc.: assets & liabilities 222
Figure 139: State Farm Insurance Company: revenues & profitability 225
Figure 140: State Farm Insurance Company: assets & liabilities 225
Figure 141: Zurich Financial Services: revenues & profitability 228
Figure 142: Zurich Financial Services: assets & liabilities 228
