The NAFTA Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The non-life insurance industry within the NAFTA countries had a total market value of $2.29 trillion in 2023.The Mexico was the fastest growing country, with a CAGR of 11.5% over the 2019-23 period.
- Within the non-life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $2.21 trillion in 2023. This was followed by Canada and Mexico, with a value of $61.1 and $26.6 billion, respectively.
- The US is expected to lead the non-life insurance industry in the NAFTA bloc, with a value of $3.10 trillion in 2028, followed by Canada and Mexico with expected values of $84.4 and $41.9 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA non-life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA non-life insurance market
- Leading company profiles reveal details of key non-life insurance market players’ NAFTA operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA non-life insurance market with five year forecasts
- Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA non-life insurance market by value in 2023?
- What will be the size of the NAFTA non-life insurance market in 2028?
- What factors are affecting the strength of competition in the NAFTA non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the NAFTA non-life insurance market?
Table of Contents
1 Introduction
2 NAFTA Non-Life Insurance
3 Non-Life Insurance in Canada
4 Macroeconomic Indicators
5 Non-Life Insurance in Mexico
6 Macroeconomic Indicators
7 Non-Life Insurance in The United States
8 Macroeconomic Indicators
9 Company Profiles
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AAI Limited
- Achmea BV
- Admiral Group Plc
- AIG Asia Pacific Insurance Pte. Ltd.
- AlfaStrakhovanie Group
- Allianz Australia Insurance Ltd
- Allianz SE
- Allstate Insurance Company
- Alm Brand AS
- Anadolu Anonim Turk Sigorta Sirketi
- ASR Nederland NV
- Assicurazioni Generali SpA
- Aviva Insurance Company of Canada
- Aviva Plc
- AXA SA
- AXA Seguros SA de CV
- Berkshire Hathaway Inc
- Bradesco Seguros SA
- China Pacific Insurance (Group) Co Ltd
- Chubb Insurance Singapore Ltd
- Codan Forsikring AS
- Co-operators General Insurance Co
- Covea Mutual Insurance Group Co
- Direct Line Insurance Group Plc
- DNB Bank ASA
- Fennia Group
- Folksam
- Gjensidige Forsikring ASA
- Groupama Assurances Mutuelles
- Grupo Mutua Madrilena
- Grupo Nacional Provincial SAB
- Guardrisk Insurance Company Ltd
- Hollard Insurance Group
- Huatai Insurance Group Co Ltd
- Hyundai Marine & Fire Insurance Co Ltd
- ICICI Lombard General Insurance Co Ltd
- If P&C Insurance Holding Ltd
- If Skadeforsakring AB
- If Skadeforsikring NUF
- Ingosstrakh Joint-Stock Insurance Co Ltd
- Insurance Australia Group Ltd
- Intact Insurance Co
- KB Financial Group Inc
- Lansforsakringar AB
- Lloyd's Underwriters
- Mapfre SA
- Meritz Fire & Marine Insurance Co Ltd
- MetLife Mexico SA
- MS&AD Insurance Group Holdings, Inc.
- NN Group NV
- NTUC Income Insurance Co-operative Limited
- OP Corporate Bank Plc
- OUTsurance Insurance Company Ltd
- Ping An Insurance (Group) Company of China Ltd
- Porto Seguro SA
- PT Asuransi Central Asia
- PT Asuransi Multi Artha Guna Tbk
- PT Asuransi Ramayana Tbk
- PT Zurich Asuransi Indonesia Tbk
- QBE Insurance Group Ltd
- Qualitas Controladora SAB de CV
- R+V Versicherung AG
- RESO-Garantiya
- Samsung Fire & Marine Insurance Co Ltd
- Santam Ltd
- SOGAZ Insurance Group
- Sompo Holdings, Inc.
- State Farm Mutual Automobile Insurance Co
- Talanx AG
- Tapiola General Mutual Insurance Company
- The Cigna Group
- The New India Assurance Co Ltd
- The Oriental Insurance Company Ltd.
- The People's Insurance Company (Group) of China Ltd
- The Progressive Corp
- Tokio Marine Holdings Inc
- Topdanmark AS
- Tryg A/S
- Tryg Forsikring A/S
- Trygg-Hansa Forsskrings AB
- Turkiye Sigorta AS
- UnipolSai Assicurazioni SpA
- United India Insurance Co Ltd