The BRIC 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
- Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the non-life insurance industry and had a total market value of $336.7 billion in 2023. India was the fastest growing country with a CAGR of 7.1% over the 2019-23 period.
- Within the non-life insurance industry, China is the leading country among the BRIC nations with market revenues of $225.1 billion in 2023. This was followed by Brazil, India and Russia with a value of $55.5, $36.5, and $19.6 billion, respectively.
- China is expected to lead the non-life insurance industry in the BRIC nations with a value of $322.3 billion in 2028, followed by Brazil, India, Russia with expected values of $85.7, $57.3 and $26.9 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the BRIC non-life insurance market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the BRIC non-life insurance market
- Leading company profiles reveal details of key non-life insurance market players’ BRIC operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the BRIC non-life insurance market with five year forecasts
- Compares data from Brazil, Russia, India, and China, alongside individual chapters on each country
Reasons to Buy
- What was the size of the BRIC non-life insurance market by value in 2023?
- What will be the size of the BRIC non-life insurance market in 2028?
- What factors are affecting the strength of competition in the BRIC non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in the BRIC non-life insurance market?
Table of Contents
1 Introduction
2 BRIC Non-Life Insurance
3 Non-Life Insurance in Brazil
4 Macroeconomic Indicators
5 Non-Life Insurance in China
6 Macroeconomic Indicators
7 Non-Life Insurance in India
8 Macroeconomic Indicators
9 Non-Life Insurance in Russia
10 Macroeconomic Indicators
11 Company Profiles
12 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