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

Insurance in Taiwan 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 Taiwanese insurance market had total gross written premiums of $113.6bn in 2020, representing a compound annual growth rate (CAGR) of 0.5% between 2016 and 2020.
The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $91.4bn, equivalent to 80.4% of the market's overall value.
The COVID-19 pandemic has had a significant impact on many markets around the world, including insurance. Interest rate cuts have constrained insurers’ profits, while demand for certain types of insurance, such as motor and travel, has been dampened by nationwide lockdown restrictions.

Scope

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

Reasons to Buy

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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 are the strengths of leading players?
7.5. What has been the rationale behind recent M&A activity?
7.6. How has the COVID - 19 outbreak impacted the market?

8 Company Profiles

8.1. Chubb Ltd
8.2. Prudential Plc
8.3. China Life Insurance Co Ltd
8.4. Allianz SE

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: Taiwan insurance market value: $ billion, 2016 - 20
Table 2: Taiwan insurance market category segmentation: $ billion, 2020
Table 3: Taiwan insurance market geography segmentation: $ billion, 2020
Table 4: Taiwan insurance market value forecast: $ billion, 2020 - 25
Table 5: Taiwan insurance market share: % share, by value, 2020
Table 6: Chubb Ltd: key facts
Table 7: Chubb Ltd: Annual Financial Ratios
Table 8: Chubb Ltd: Key Employees
Table 9: Chubb Ltd: Key Employees Continued
Table 10: Chubb Ltd: Key Employees Continued
Table 11: Chubb Ltd: Key Employees Continued
Table 12: Prudential Plc: key facts
Table 13: Prudential Plc: Annual Financial Ratios
Table 14: Prudential Plc: Key Employees
Table 15: China Life Insurance Co Ltd: key facts
Table 16: China Life Insurance Co Ltd: Annual Financial Ratios
Table 17: China Life Insurance Co Ltd: Key Employees
Table 18: China Life Insurance Co Ltd: Key Employees Continued
Table 19: Allianz SE: key facts
Table 20: Allianz SE: Annual Financial Ratios
Table 21: Allianz SE: Key Employees
Table 22: Allianz SE: Key Employees Continued
Table 23: Taiwan size of population (million), 2016 - 20
Table 24: Taiwan gdp (constant 2005 prices, $ billion), 2016 - 20
Table 25: Taiwan gdp (current prices, $ billion), 2016 - 20
Table 26: Taiwan inflation, 2016 - 20
Table 27: Taiwan consumer price index (absolute), 2016 - 20
Table 28: Taiwan exchange rate, 2016 - 20

List of Figures

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

Chubb Ltd
Prudential Plc
China Life Insurance Co Ltd
Allianz SE

Table Information

Report Attribute	Details
No. of Pages	54
Published	November 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 113.6 Billion
Forecasted Market Value ( USD ) by 2025	$ 139.81 Billion
Compound Annual Growth Rate	4.2%
Regions Covered	Taiwan

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.	€348EUR$350USD£289GBP
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.	€695EUR$700USD£578GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€1043EUR$1,050USD£867GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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