+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Insurance in Asia-Pacific - Market Summary, Competitive Analysis and Forecast to 2025

  • PDF Icon

    Report

  • 49 Pages
  • November 2021
  • Region: Asia Pacific
  • MarketLine
  • ID: 5526604
Insurance in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
  • The Asia-Pacific insurance market had total gross written premiums of $1,742.3bn in 2020, representing a compound annual growth rate (CAGR) of 3.8% between 2016 and 2020.
  • The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $1,082.2bn, equivalent to 62.1% of the market's overall value.
  • The COVID-19 pandemic, which first emerged in China in late 2019 and spread across the rest of the Asia-Pacific region in early 2020, has had a significant impact on the insurance market, with cuts to interest rates affecting insurance companies’ profits.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Asia-Pacific
  • 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 Asia-Pacific insurance market with five year forecasts

Reasons to Buy

  • What was the size of the Asia-Pacific machinery market by value in 2020?
  • What will be the size of the Asia-Pacific machinery market in 2025?
  • What factors are affecting the strength of competition in the Asia-Pacific machinery market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Asia-Pacific's machinery market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What challenges are leading players currently facing?
7.5. How has the COVID - 19 outbreak impacted the market?
8 Company Profiles
8.1. Dai-ichi Life Holdings Inc
8.2. Nippon Life Insurance Company
8.3. Samsung Life Insurance Co Ltd
8.4. Japan Post Insurance Co., Ltd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About The Publisher
List of Tables
Table 1: Asia-Pacific insurance market value: $ billion, 2016 - 20
Table 2: Asia-Pacific insurance market category segmentation: $ billion, 2020
Table 3: Asia-Pacific insurance market geography segmentation: $ billion, 2020
Table 4: Asia-Pacific insurance market value forecast: $ billion, 2020 - 25
Table 5: Asia-Pacific insurance market share: % share, by value, 2020
Table 6: Dai-ichi Life Holdings Inc: key facts
Table 7: Dai-ichi Life Holdings Inc: Annual Financial Ratios
Table 8: Dai-ichi Life Holdings Inc: Key Employees
Table 9: Dai-ichi Life Holdings Inc: Key Employees Continued
Table 10: Nippon Life Insurance Company: key facts
Table 11: Nippon Life Insurance Company: Key Employees
Table 12: Nippon Life Insurance Company: Key Employees Continued
Table 13: Nippon Life Insurance Company: Key Employees Continued
Table 14: Samsung Life Insurance Co Ltd: key facts
Table 15: Samsung Life Insurance Co Ltd: Annual Financial Ratios
Table 16: Samsung Life Insurance Co Ltd: Key Employees
Table 17: Samsung Life Insurance Co Ltd: Key Employees Continued
Table 18: Japan Post Insurance Co., Ltd.: key facts
Table 19: Japan Post Insurance Co., Ltd.: Annual Financial Ratios
Table 20: Japan Post Insurance Co., Ltd.: Key Employees
Table 21: Japan Post Insurance Co., Ltd.: Key Employees Continued
Table 22: Asia-Pacific exchange rate, 2016 - 20
List of Figures
Figure 1: Asia-Pacific insurance market value: $ billion, 2016 - 20
Figure 2: Asia-Pacific insurance market category segmentation: % share, by value, 2020
Figure 3: Asia-Pacific insurance market geography segmentation: % share, by value, 2020
Figure 4: Asia-Pacific insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Asia-Pacific, 2020
Figure 6: Drivers of buyer power in the insurance market in Asia-Pacific, 2020
Figure 7: Drivers of supplier power in the insurance market in Asia-Pacific, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Asia-Pacific, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Asia-Pacific, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Asia-Pacific, 2020
Figure 11: Asia-Pacific insurance market share: % share, by value, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Dai-ichi Life Holdings Inc
  • Nippon Life Insurance Company
  • Samsung Life Insurance Co Ltd
  • Japan Post Insurance Co., Ltd.

Table Information