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Ireland Non-Life Insurance Market to 2027

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    Report

  • 47 Pages
  • November 2023
  • Region: Ireland
  • MarketLine
  • ID: 5927580
Non-Life Insurance in Ireland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
  • The Irish non-life insurance market had total gross written premiums of $6.8 billion in 2022, representing a compound annual growth rate (CAGR) of 6.4% between 2017 and 2022.
  • The motor segment accounted for the market's largest proportion in 2022, with total gross written premiums of $1.6 billion, equivalent to 23.7% of the market's overall value.
  • Non-life insurance coverage in the Irish population is relatively low. According to in-house research, in 2022, Ireland’s non-life insurance penetration (ratio of premiums to GDP) stood at 1.6%.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Ireland
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Ireland
  • Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Ireland non-life insurance market with five year forecasts

Reasons to Buy

  • What was the size of the Ireland non-life insurance market by value in 2022?
  • What will be the size of the Ireland non-life insurance market in 2027?
  • What factors are affecting the strength of competition in the Ireland non-life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Ireland's non-life insurance 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 rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Allianz SE
8.2. Aviva Plc
8.3. AXA SA
8.4. RSA Insurance Ireland DAC
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: Ireland non-life insurance market value: $ billion, 2017-22
Table 2: Ireland non-life insurance market category segmentation: % share, by value, 2017-2022
Table 3: Ireland non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Ireland non-life insurance market geography segmentation: $ billion, 2022
Table 5: Ireland non-life insurance market value forecast: $ billion, 2022-27
Table 6: Allianz SE: key facts
Table 7: Allianz SE: Annual Financial Ratios
Table 8: Allianz SE: Key Employees
Table 9: Allianz SE: Key Employees Continued
Table 10: Aviva Plc: key facts
Table 11: Aviva Plc: Annual Financial Ratios
Table 12: Aviva Plc: Key Employees
Table 13: Aviva Plc: Key Employees Continued
Table 14: AXA SA: key facts
Table 15: AXA SA: Annual Financial Ratios
Table 16: AXA SA: Key Employees
Table 17: AXA SA: Key Employees Continued
Table 18: AXA SA: Key Employees Continued
Table 19: RSA Insurance Ireland DAC: key facts
Table 20: RSA Insurance Ireland DAC: Key Employees
Table 21: Ireland size of population (million), 2018-22
Table 22: Ireland gdp (constant 2005 prices, $ billion), 2018-22
Table 23: Ireland gdp (current prices, $ billion), 2018-22
Table 24: Ireland inflation, 2018-22
Table 25: Ireland consumer price index (absolute), 2018-22
Table 26: Ireland exchange rate, 2018-22
List of Figures
Figure 1: Ireland non-life insurance market value: $ billion, 2017-22
Figure 2: Ireland non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Ireland non-life insurance market geography segmentation: % share, by value, 2022
Figure 4: Ireland non-life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the non-life insurance market in Ireland, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Ireland, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Ireland, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Ireland, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Ireland, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Ireland, 2022

Companies Mentioned (Partial List)

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

  • Allianz SE
  • Aviva Plc
  • AXA SA
  • RSA Insurance Ireland DAC