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

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    Report

  • 43 Pages
  • November 2021
  • Region: Pakistan
  • MarketLine
  • ID: 5526762
Insurance in Pakistan 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 Pakistani insurance market had total gross written premiums of $2.1bn in 2020, representing a compound annual growth rate (CAGR) of 7.1% between 2016 and 2020.
  • The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $1.4bn, equivalent to 64.7% 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 Pakistan
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Pakistan
  • 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 Pakistan insurance market with five year forecasts

Reasons to Buy

  • What was the size of the Pakistan automotive manufacturing market by value in 2020?
  • What will be the size of the Pakistan automotive manufacturing market in 2025?
  • What factors are affecting the strength of competition in the Pakistan automotive manufacturing market?
  • How has the market performed over the last five years?
  • How large is Pakistan’s automotive manufacturing market in relation to its regional counterparts?

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 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. Jubilee Life Insurance Co Ltd
8.2. Adamjee Insurance Co Ltd
8.3. EFU Life Assurance Ltd.
8.4. State Life Insurance Corporation of Pakistan
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: Pakistan insurance market value: $ billion, 2016 - 20
Table 2: Pakistan insurance market category segmentation: $ billion, 2020
Table 3: Pakistan insurance market geography segmentation: $ billion, 2020
Table 4: Pakistan insurance market value forecast: $ billion, 2020 - 25
Table 5: Pakistan insurance market share: % share, by value, 2020
Table 6: Jubilee Life Insurance Co Ltd: key facts
Table 7: Jubilee Life Insurance Co Ltd: Annual Financial Ratios
Table 8: Jubilee Life Insurance Co Ltd: Key Employees
Table 9: Adamjee Insurance Co Ltd: key facts
Table 10: Adamjee Insurance Co Ltd: Annual Financial Ratios
Table 11: Adamjee Insurance Co Ltd: Key Employees
Table 12: EFU Life Assurance Ltd.: key facts
Table 13: EFU Life Assurance Ltd.: Annual Financial Ratios
Table 14: EFU Life Assurance Ltd.: Key Employees
Table 15: EFU Life Assurance Ltd.: Key Employees Continued
Table 16: EFU Life Assurance Ltd.: Key Employees Continued
Table 17: State Life Insurance Corporation of Pakistan: key facts
Table 18: State Life Insurance Corporation of Pakistan: Key Employees
Table 19: Pakistan size of population (million), 2016 - 20
Table 20: Pakistan exchange rate, 2016 - 20
List of Figures
Figure 1: Pakistan insurance market value: $ billion, 2016 - 20
Figure 2: Pakistan insurance market category segmentation: % share, by value, 2020
Figure 3: Pakistan insurance market geography segmentation: % share, by value, 2020
Figure 4: Pakistan insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Pakistan, 2020
Figure 6: Drivers of buyer power in the insurance market in Pakistan, 2020
Figure 7: Drivers of supplier power in the insurance market in Pakistan, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Pakistan, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Pakistan, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Pakistan, 2020
Figure 11: Pakistan 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:

  • Jubilee Life Insurance Co Ltd
  • Adamjee Insurance Co Ltd
  • EFU Life Assurance Ltd.
  • State Life Insurance Corporation of Pakistan

Table Information