Belgium Life Insurance Market to 2027

Life Insurance in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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

The market is segmented into Life Insurance and Pension/Annuity.
The Belgian life insurance market had total gross written premiums of $17.1 billion in 2022, representing a compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $11.2 billion, equivalent to 65.8% of the market's overall value.
Life insurance coverage in the Belgian population is relatively low. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in Belgium was 3%.

Scope

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

Reasons to Buy

What was the size of the Belgium life insurance market by value in 2022?
What will be the size of the Belgium life insurance market in 2027?
What factors are affecting the strength of competition in the Belgium life insurance market?
How has the market performed over the last five years?
How large is Belgium’s life insurance market in relation to its regional counterparts?

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 has been the rationale behind recent M&A activity?

8 Company Profiles

8.1. AG Insurance SA/NV
8.2. KBC Group NV
8.3. Ethias SA
8.4. AXA Belgium 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 life insurance market value: $ billion, 2017-22
Table 2: Belgium life insurance market category segmentation: % share, by value, 2017-2022
Table 3: Belgium life insurance market category segmentation: $ billion, 2017-2022
Table 4: Belgium life insurance market geography segmentation: $ billion, 2022
Table 5: Belgium life insurance market value forecast: $ billion, 2022-27
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: KBC Group NV: key facts
Table 9: KBC Group NV: Annual Financial Ratios
Table 10: KBC Group NV: Key Employees
Table 11: Ethias SA: key facts
Table 12: Ethias SA: Key Employees
Table 13: AXA Belgium NV: key facts
Table 14: AXA Belgium NV: Key Employees
Table 15: Belgium size of population (million), 2018-22
Table 16: Belgium gdp (constant 2005 prices, $ billion), 2018-22
Table 17: Belgium gdp (current prices, $ billion), 2018-22
Table 18: Belgium inflation, 2018-22
Table 19: Belgium consumer price index (absolute), 2018-22
Table 20: Belgium exchange rate, 2018-22

List of Figures

Figure 1: Belgium life insurance market value: $ billion, 2017-22
Figure 2: Belgium life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Belgium life insurance market geography segmentation: % share, by value, 2022
Figure 4: Belgium life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the life insurance market in Belgium, 2022
Figure 6: Drivers of buyer power in the life insurance market in Belgium, 2022
Figure 7: Drivers of supplier power in the life insurance market in Belgium, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Belgium, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Belgium, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Belgium, 2022

Companies Mentioned (Partial List)

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

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

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.	€338EUR$350USD£281GBP
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.	€507EUR$525USD£421GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€676EUR$700USD£561GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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