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  3. > Insurance Market Trends
  4. > Insurance in New Zealand

Insurance in New Zealand

  • January 2016
  • -
  • MarketLine
  • -
  • 34 pages

Introduction

Insurance in New Zealand industry profile provides top-line qualitative and quantitative summary information including: 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 New Zealand insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 New Zealand insurance market is expected to generate total gross written premiums of $12.1bn in 2015, representing a compound annual growth rate (CAGR) of 4.6% between 2011 and 2015.

- The non-life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $10.2bn, equivalent to 84% of the market's overall value.

- The life insurance segment has seen good growth in recent years in New Zealand thanks to the increased popularity of trauma insurance and income protection-type products.

Features

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

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in New Zealand

- 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 New Zealand insurance market with five year forecasts

- Macroeconomic indicators provide insight into general trends within the New Zealand economy

Key Questions Answered

- What was the size of the New Zealand insurance market by value in 2015?

- What will be the size of the New Zealand insurance market in 2020?

- What factors are affecting the strength of competition in the New Zealand insurance market?

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

- What are the main segments that make up New Zealand's insurance market?

Table Of Contents

Insurance in New Zealand
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 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 Outlook 11
Market value forecast 11
Five Forces Analysis 12
Summary 12
Buyer power 13
Supplier power 15
New entrants 17
Threat of substitutes 18
Degree of rivalry 19
Leading Companies 20
American International Group, Inc. 20
AMP Limited 23
Sovereign Assurance Company Limited 27
Vero Insurance 28
Macroeconomic Indicators 29
Country Data 29
Methodology 31
Industry associations 32
Related MarketLine research 32
Appendix 33
About MarketLine 33

List of Tables
Table 1: New Zealand insurance market value: $ billion, 2011-15(e)
Table 2: New Zealand insurance market category segmentation: $ billion, 2015(e)
Table 3: New Zealand insurance market geography segmentation: $ billion, 2015(e)
Table 4: New Zealand insurance market value forecast: $ billion, 2015-20
Table 5: American International Group, Inc.: key facts
Table 6: American International Group, Inc.: key financials ($)
Table 7: American International Group, Inc.: key financial ratios
Table 8: AMP Limited: key facts
Table 9: AMP Limited: key financials ($)
Table 10: AMP Limited: key financials (A$)
Table 11: AMP Limited: key financial ratios
Table 12: Sovereign Assurance Company Limited: key facts
Table 13: Vero Insurance: key facts
Table 14: New Zealand size of population (million), 2011-15
Table 15: New Zealand gdp (constant 2005 prices, $ billion), 2011-15
Table 16: New Zealand gdp (current prices, $ billion), 2011-15
Table 17: New Zealand inflation, 2011-15
Table 18: New Zealand consumer price index (absolute), 2011-15
Table 19: New Zealand exchange rate, 2011-15

List of Figures
Figure 1: New Zealand insurance market value: $ billion, 2011-15(e)
Figure 2: New Zealand insurance market category segmentation: % share, by value, 2015(e)
Figure 3: New Zealand insurance market geography segmentation: % share, by value, 2015(e)
Figure 4: New Zealand insurance market value forecast: $ billion, 2015-20
Figure 5: Forces driving competition in the insurance market in New Zealand, 2015
Figure 6: Drivers of buyer power in the insurance market in New Zealand, 2015
Figure 7: Drivers of supplier power in the insurance market in New Zealand, 2015
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in New Zealand, 2015
Figure 9: Factors influencing the threat of substitutes in the insurance market in New Zealand, 2015
Figure 10: Drivers of degree of rivalry in the insurance market in New Zealand, 2015
Figure 11: American International Group, Inc.: revenues and profitability
Figure 12: American International Group, Inc.: assets and liabilities
Figure 13: AMP Limited: revenues and profitability
Figure 14: AMP Limited: assets and liabilities

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