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

Insurance in Belgium industry profile provides top-line qualitative and quantitative summary information including: 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 Belgian insurance market had total gross written premiums of $41.2bn in 2020, representing a compound annual growth rate (CAGR) of 4.4% between 2016 and 2020.
The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $22.9bn, equivalent to 55.6% of the market's overall value.
Demand for digital insurance solutions has been accelerated during the COVID-19 pandemic and could be a lucrative avenue for growth in the Belgian insurance market going forwards.

Scope

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

Reasons to Buy

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How has the market performed over the last five years?
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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 has been the rationale behind recent M&A activity?
7.5. How has the COVID - 19 outbreak impacted the market?

8 Company Profiles

8.1. AG Insurance SA/NV
8.2. AXA SA
8.3. Ethias SA
8.4. KBC Group NV

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: Belgium insurance market value: $ billion, 2016 - 20
Table 2: Belgium insurance market category segmentation: $ billion, 2020
Table 3: Belgium insurance market geography segmentation: $ billion, 2020
Table 4: Belgium insurance market value forecast: $ billion, 2020 - 25
Table 5: Belgium insurance market share: % share, by value, 2020
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Annual Financial Ratios
Table 10: AXA SA: Key Employees
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Ethias SA: key facts
Table 14: Ethias SA: Key Employees
Table 15: KBC Group NV: key facts
Table 16: KBC Group NV: Annual Financial Ratios
Table 17: KBC Group NV: Key Employees
Table 18: Belgium size of population (million), 2016 - 20
Table 19: Belgium gdp (constant 2005 prices, $ billion), 2016 - 20
Table 20: Belgium gdp (current prices, $ billion), 2016 - 20
Table 21: Belgium inflation, 2016 - 20
Table 22: Belgium consumer price index (absolute), 2016 - 20
Table 23: Belgium exchange rate, 2016 - 20

List of Figures

Figure 1: Belgium insurance market value: $ billion, 2016 - 20
Figure 2: Belgium insurance market category segmentation: % share, by value, 2020
Figure 3: Belgium insurance market geography segmentation: % share, by value, 2020
Figure 4: Belgium insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Belgium, 2020
Figure 6: Drivers of buyer power in the insurance market in Belgium, 2020
Figure 7: Drivers of supplier power in the insurance market in Belgium, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Belgium, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Belgium, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Belgium, 2020
Figure 11: Belgium 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:

AG Insurance SA/NV
AXA SA
Ethias SA
KBC Group NV

Table Information

Report Attribute	Details
No. of Pages	44
Published	November 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 41.2 Billion
Forecasted Market Value ( USD ) by 2025	$ 50.73 Billion
Compound Annual Growth Rate	4.2%
Regions Covered	Belgium

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€340EUR$350USD£282GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€681EUR$700USD£564GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€1021EUR$1,050USD£846GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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