Insurance: Global Industry Guide

Insurance: Global Industry Guide

Datamonitor's Insurance: Global Industry Guide is an essential resource for top-level data and analysis covering the Insurance industry. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles of the leading companies. This incisive report provides expert analysis on a global, regional and country basis.

Scope of the Report

* Contains an executive summary and data on value and segmentation

* Provides textual analysis of the industry's prospects, competitive landscape and profiles of the leading companies

* Covers Global, European, Asia-Pacific & 11 individual country markets

* Includes a five-year forecast of the industry

Highlights

The global insurance market wrote total gross premiums of $3,150.7 billion in 2005, this representing a compound annual growth rate (CAGR) of 5% for the five-year period spanning 2001-2005.

The life insurance segment was the market’s most lucrative in 2005, with total gross premiums of $1,815.6 billion, equivalent to 57.6% of the market's overall value.

The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.9% for the five-year period 2005-2010 expected to drive the market to a value of $3,997 billion by the end of 2010.

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

Definition

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 covers all life insurance products including annuities, which can be linked to retirement savings plans. The non-life insurance sector consists of the accident and health and the property and casualty insurance segments.

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 house price growth, GDP growth and long-term interest rates.

Any currency conversions used in the report have been calculated using constant 2005 annual average exchange rates.

For the purpose of this report, Europe comprises Belgium, Asia-Pacific comprises of Australia, China, India, Japan, South Korea, Singapore, and Taiwan.

The Americas comprises the US, Canada, Brazil, and Mexico.

Asia-Pacific comprises Australia, China, India, Japan, South Korea, Singapore, and Taiwan.

The global market comprises Asia-Pacific, Europe, and the Americas.

Insurance: Global Industry Guide