Insurance - Global Group of Eight (G8) Industry Guide

The Insurance - Global Group of Eight (G8) Industry Guide is an essential resource for top-level data and analysis covering the Insurance industry in each of the G8 (United States, Canada, Germany, France, United Kingdom, Italy, Russia and Japan) countries. The report includes easily comparable data on market value, volume, segmentation and market share, plus full five year market forecasts. It examines future problems, innovations and potential growth areas within the market.

Scope of the Report

- Contains an executive summary and data on value, volume and segmentation

- Provides textual analysis of the industry's prospects, competitive landscape and profiles of the leading companies

- Incorporates in-depth five forces competitive environment analysis and scorecards

- Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country. .

- Includes a five-year forecast of the industry

Highlights

The G8 Insurance market grew by 0.7% between 2005 and 2009 to reach a value of $2772.2 billion

In 2014, the market is forecast to have a value of $3571.4 billion, an increase of 5.2% from 2009.

The US is the world’s largest market and generates 41.1% of global revenues in 2009.

Why you should buy this report

- Spot future trends and developments

- Inform your business decisions

- Add weight to presentations and marketing materials

- Save time carrying out entry-level research

Market Definition

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes. The life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. The insurance market depends on a variety of economic and non-economic factors, and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2009 average exchange rate. SHOW LESS READ MORE >

INTRODUCTION
What is this report about?
Who is the target reader?
Market definition
GROUP OF EIGHT (G8) INSURANCE INDUSTRY OUTLOOK
INSURANCE IN CANADA
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN FRANCE
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN GERMANY
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN ITALY
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN JAPAN
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN RUSSIA
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN THE UNITED KINGDOM
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
INSURANCE IN THE UNITED STATES
MARKET OVERVIEW
MARKET VALUE
MARKET SEGMENTATION I
MARKET SEGMENTATION II
FIVE FORCES ANALYSIS
LEADING COMPANIES
MARKET FORECASTS
MACROECONOMIC INDICATORS
APPENDIX
Data Research Methodology
About Datamonitor
Disclaimer

LIST OF TABLES
Table 1: G8 insurance industry, revenue($bn), 2005–14
Table 2: G8 insurance industry, revenue by country ($bn), 2005–09
Table 3: G8 insurance industry forecast, revenue by country ($bn), 2009–14
Table 4: Canada insurance market value: $ million, 2005–09
Table 5: Canada insurance market segmentation I:% share, by value, 2009
Table 6: Canada insurance market segmentation II: % share, by value, 2009
Table 7: Great-West Lifeco Inc.: key facts
Table 8: ING Groep N.V.: key facts
Table 9: ING Groep N.V.: key financials ($)
Table 10: ING Groep N.V.: key financials (€)
Table 11: ING Groep N.V.: key financial ratios
Table 12: Sun Life Financial Inc: key facts
Table 13: Sun Life Financial Inc: key financials ($)
Table 14: Sun Life Financial Inc: key financials (C$)
Table 15: Sun Life Financial Inc: key financial ratios
Table 16: Canada insurance market value forecast: $ million, 2009–14
Table 17: Canada size of population (million), 2005–09
Table 18: Canada GDP (constant 2000 prices, $ billion), 2005–09
Table 19: Canada GDP (current prices, $ billion), 2005–09
Table 20: Canada inflation, 2005–09
Table 21: Canada consumer price index (absolute), 2005–09
Table 22: Canada exchange rate, 2005–09
Table 23: France insurance market value: $ billion, 2005–09
Table 24: France insurance market segmentation I:% share, by value, 2009
Table 25: France insurance market segmentation II: % share, by value, 2009
Table 26: Credit Agricole, SA: key facts
Table 27: Credit Agricole, SA: key financials ($)
Table 28: Credit Agricole, SA: key financials (€)
Table 29: Credit Agricole, SA: key financial ratios
Table 30: AXA: key facts
Table 31: AXA: key financials ($)
Table 32: AXA: key financials (€)
Table 33: AXA: key financial ratios
Table 34: Groupama SA.: key facts
Table 35: Groupama SA.: key financials ($)
Table 36: Groupama SA.: key financials (€)
Table 37: Groupama SA.: key financial ratios
Table 38: CNP Assurances SA: key facts
Table 39: CNP Assurances SA: key financials ($)
Table 40: CNP Assurances SA: key financials (€)
Table 41: CNP Assurances SA: key financial ratios
Table 42: France insurance market value forecast: $ billion, 2009–14
Table 43: France size of population (million), 2005–09
Table 44: France GDP (constant 2000 prices, $ billion), 2005–09
Table 45: France GDP (current prices, $ billion), 2005–09
Table 46: France inflation, 2005–09
Table 47: France consumer price index (absolute), 2005–09
Table 48: France exchange rate, 2005–09
Table 49: Germany insurance market value: $ billion, 2005–09
Table 50: Germany insurance market segmentation I:% share, by value, 2009
Table 51: Germany insurance market segmentation II: % share, by value, 2009
Table 52: Allianz AG: key facts
Table 53: Allianz AG: key financials ($)
Table 54: Allianz AG: key financials (€)
Table 55: Allianz AG: key financial ratios
Table 56: Ergo Versicherungsgruppe AG: key facts
Table 57: Ergo Versicherungsgruppe AG: key financials ($)
Table 58: Ergo Versicherungsgruppe AG: key financials (€)
Table 59: Ergo Versicherungsgruppe AG: key financial ratios
Table 60: Generali Deutschland Holding AG: key facts
Table 61: Generali Deutschland Holding AG: key financials ($)
Table 62: Generali Deutschland Holding AG: key financials (€)
Table 63: Generali Deutschland Holding AG: key financial ratios
Table 64: Hannover Rückversicherungs-Aktiengesellschaft: key facts
Table 65: Hannover Rückversicherungs-Aktiengesellschaft: key financials ($)
Table 66: Hannover Rückversicherungs-Aktiengesellschaft: key financials (€)
Table 67: Hannover Rückversicherungs-Aktiengesellschaft: key financial ratios
Table 68: Germany insurance market value forecast: $ billion, 2009–14
Table 69: Germany size of population (million), 2005–09
Table 70: Germany GDP (constant 2000 prices, $ billion), 2005–09
Table 71: Germany GDP (current prices, $ billion), 2005–09
Table 72: Germany inflation, 2005–09
Table 73: Germany consumer price index (absolute), 2005–09
Table 74: Germany exchange rate, 2005–09
Table 75: Italy insurance market value: $ million, 2005–09
Table 76: Italy insurance market segmentation I:% share, by value, 2009
Table 77: Italy insurance market segmentation II: % share, by value, 2009
Table 78: Assicurazioni Generali SpA: key facts
Table 79: Assicurazioni Generali SpA: key financials ($)
Table 80: Assicurazioni Generali SpA: key financials (€)
Table 81: Assicurazioni Generali SpA: key financial ratios
Table 82: Fondiaria-SAI SpA: key facts
Table 83: UniCredito Italiano Group: key facts
Table 84: UniCredito Italiano Group: key financials ($)
Table 85: UniCredito Italiano Group: key financials (€)
Table 86: UniCredito Italiano Group: key financial ratios
Table 87: Italy insurance market value forecast: $ million, 2009–14
Table 88: Italy size of population (million), 2005–09
Table 89: Italy GDP (constant 2000 prices, $ billion), 2005–09
Table 90: Italy GDP (current prices, $ billion), 2005–09
Table 91: Italy inflation, 2005–09
Table 92: Italy consumer price index (absolute), 2005–09
Table 93: Italy exchange rate, 2005–09
Table 94: Japan insurance market value: $ million, 2005–09
Table 95: Japan insurance market segmentation I:% share, by value, 2009
Table 96: Japan insurance market segmentation II: % share, by value, 2009
Table 97: Meiji Yasuda Life Insurance Company: key facts
Table 98: Meiji Yasuda Life Insurance Company: key financials ($)
Table 99: Meiji Yasuda Life Insurance Company: key financials (¥)
Table 100: Meiji Yasuda Life Insurance Company: key financial ratios
Table 101: The Dai-ichi Mutual Life Insurance Company: key facts
Table 102: Nippon Life Insurance Company: key facts
Table 103: Nippon Life Insurance Company: key financials ($)
Table 104: Nippon Life Insurance Company: key financials (¥)
Table 105: Nippon Life Insurance Company: key financial ratios
Table 106: Sumitomo Life Insurance Co: key facts
Table 107: Sumitomo Life Insurance Co: key financials ($)
Table 108: Sumitomo Life Insurance Co: key financials (¥)
Table 109: Sumitomo Life Insurance Co: key financial ratios
Table 110: Japan insurance market value forecast: $ million, 2009–14
Table 111: Japan size of population (million), 2005–09
Table 112: Japan GDP (constant 2000 prices, $ billion), 2005–09
Table 113: Japan GDP (current prices, $ billion), 2005–09
Table 114: Japan inflation, 2005–09
Table 115: Japan consumer price index (absolute), 2005–09
Table 116: Japan exchange rate, 2005–09
Table 117: Russia insurance market value: $ million, 2005–09
Table 118: Russia insurance market segmentation I:% share, by value, 2009
Table 119: Russia insurance market segmentation II: % share, by value, 2009
Table 120: Allianz AG: key facts
Table 121: Allianz AG: key financials ($)
Table 122: Allianz AG: key financials (€)
Table 123: Allianz AG: key financial ratios
Table 124: AXA: key facts
Table 125: AXA: key financials ($)
Table 126: AXA: key financials (€)
Table 127: AXA: key financial ratios
Table 128: Rosgosstrakh: key facts
Table 129: Russia insurance market value forecast: $ million, 2009–14
Table 130: Russia size of population (million), 2005–09
Table 131: Russia GDP (constant 2000 prices, $ billion), 2005–09
Table 132: Russia GDP (current prices, $ billion), 2005–09
Table 133: Russia inflation, 2005–09
Table 134: Russia consumer price index (absolute), 2005–09
Table 135: Russia exchange rate, 2005–09
Table 136: United Kingdom insurance market value: $ billion, 2005–09
Table 137: United Kingdom insurance market segmentation I:% share, by value, 2009
Table 138: United Kingdom insurance market segmentation II: % share, by value, 2009
Table 139: Allianz AG: key facts
Table 140: Allianz AG: key financials ($)
Table 141: Allianz AG: key financials (€)
Table 142: Allianz AG: key financial ratios
Table 143: Aviva Plc: key facts
Table 144: Aviva Plc: key financials ($)
Table 145: Aviva Plc: key financials (£)
Table 146: Aviva Plc: key financial ratios
Table 147: AXA: key facts
Table 148: AXA: key financials ($)
Table 149: AXA: key financials (€)
Table 150: AXA: key financial ratios
Table 151: Standard Life Plc: key facts
Table 152: Standard Life Plc: key financials ($)
Table 153: Standard Life Plc: key financials (£)
Table 154: Standard Life Plc: key financial ratios
Table 155: United Kingdom insurance market value forecast: $ billion, 2009–14
Table 156: United Kingdom size of population (million), 2005–09
Table 157: United Kingdom GDP (constant 2000 prices, $ billion), 2005–09
Table 158: United Kingdom GDP (current prices, $ billion), 2005–09
Table 159: United Kingdom inflation, 2005–09
Table 160: United Kingdom consumer price index (absolute), 2005–09
Table 161: United Kingdom exchange rate, 2005–09
Table 162: United States insurance market value: $ billion, 2005–09
Table 163: United States insurance market segmentation I:% share, by value, 2009
Table 164: United States insurance market segmentation II: % share, by value, 2009
Table 165: Liberty Mutual Holding Company: key facts
Table 166: American International Group, Inc.: key facts
Table 167: American International Group, Inc.: key financials ($)
Table 168: American International Group, Inc.: key financial ratios
Table 169: MetLife Inc: key facts
Table 170: MetLife Inc: key financials ($)
Table 171: MetLife Inc: key financial ratios
Table 172: State Farm Insurance: key facts
Table 173: State Farm Insurance: key financials ($)
Table 174: State Farm Insurance: key financial ratios
Table 175: United States insurance market value forecast: $ billion, 2009–14
Table 176: United States size of population (million), 2005–09
Table 177: United States GDP (constant 2000 prices, $ billion), 2005–09
Table 178: United States GDP (current prices, $ billion), 2005–09
Table 179: United States inflation, 2005–09
Table 180: United States consumer price index (absolute), 2005–09
Table 181: United States exchange rate, 2005–09

LIST OF FIGURES
Figure 1: G8 insurance industry, revenue($bn), 2005–14
Figure 2: G8 Insurance industry, revenue by country (%), 2009
Figure 3: G8 insurance industry, revenue by country ($bn), 2005–09
Figure 4: G8 insurance industry forecast, revenue by country ($bn), 2009–14
Figure 5: Canada insurance market value: $ million, 2005–09
Figure 6: Canada insurance market segmentation I:% share, by value, 2009
Figure 7: Canada insurance market segmentation II: % share, by value, 2009
Figure 8: Forces driving competition in the insurance market in Canada, 2009
Figure 9: Drivers of buyer power in the insurance market in Canada, 2009
Figure 10: Drivers of supplier power in the insurance market in Canada, 2009
Figure 11: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2009
Figure 12: Factors influencing the threat of substitutes in the insurance market in Canada, 2009
Figure 13: Drivers of degree of rivalry in the insurance market in Canada, 2009
Figure 14: ING Groep N.V.: revenues & profitability
Figure 15: ING Groep N.V.: assets & liabilities
Figure 16: Sun Life Financial Inc: revenues & profitability
Figure 17: Sun Life Financial Inc: assets & liabilities
Figure 18: Canada insurance market value forecast: $ million, 2009–14
Figure 19: France insurance market value: $ billion, 2005–09
Figure 20: France insurance market segmentation I:% share, by value, 2009
Figure 21: France insurance market segmentation II: % share, by value, 2009
Figure 22: Forces driving competition in the insurance market in France, 2009
Figure 23: Drivers of buyer power in the insurance market in France, 2009
Figure 24: Drivers of supplier power in the insurance market in France, 2009
Figure 25: Factors influencing the likelihood of new entrants in the insurance market in France, 2009
Figure 26: Factors influencing the threat of substitutes in the insurance market in France, 2009
Figure 27: Drivers of degree of rivalry in the insurance market in France, 2009
Figure 28: Credit Agricole, SA: revenues & profitability
Figure 29: Credit Agricole, SA: assets & liabilities
Figure 30: AXA: revenues & profitability
Figure 31: AXA: assets & liabilities
Figure 32: Groupama SA.: revenues & profitability
Figure 33: Groupama SA.: assets & liabilities
Figure 34: CNP Assurances SA: revenues & profitability
Figure 35: CNP Assurances SA: assets & liabilities
Figure 36: France insurance market value forecast: $ billion, 2009–14
Figure 37: Germany insurance market value: $ billion, 2005–09
Figure 38: Germany insurance market segmentation I:% share, by value, 2009
Figure 39: Germany insurance market segmentation II: % share, by value, 2009
Figure 40: Forces driving competition in the insurance market in Germany, 2009
Figure 41: Drivers of buyer power in the insurance market in Germany, 2009
Figure 42: Drivers of supplier power in the insurance market in Germany, 2009
Figure 43: Factors influencing the likelihood of new entrants in the insurance market in Germany, 2009
Figure 44: Factors influencing the threat of substitutes in the insurance market in Germany, 2009
Figure 45: Drivers of degree of rivalry in the insurance market in Germany, 2009
Figure 46: Allianz AG: revenues & profitability
Figure 47: Allianz AG: assets & liabilities
Figure 48: Ergo Versicherungsgruppe AG: revenues & profitability
Figure 49: Ergo Versicherungsgruppe AG: assets & liabilities
Figure 50: Generali Deutschland Holding AG: revenues & profitability
Figure 51: Generali Deutschland Holding AG: assets & liabilities
Figure 52: Hannover Rückversicherungs-Aktiengesellschaft: revenues & profitability
Figure 53: Hannover Rückversicherungs-Aktiengesellschaft: assets & liabilities
Figure 54: Germany insurance market value forecast: $ billion, 2009–14
Figure 55: Italy insurance market value: $ million, 2005–09
Figure 56: Italy insurance market segmentation I:% share, by value, 2009
Figure 57: Italy insurance market segmentation II: % share, by value, 2009
Figure 58: Forces driving competition in the insurance market in Italy, 2009
Figure 59: Drivers of buyer power in the insurance market in Italy, 2009
Figure 60: Drivers of supplier power in the insurance market in Italy, 2009
Figure 61: Factors influencing the likelihood of new entrants in the insurance market in Italy, 2009
Figure 62: Factors influencing the threat of substitutes in the insurance market in Italy, 2009
Figure 63: Drivers of degree of rivalry in the insurance market in Italy, 2009
Figure 64: Assicurazioni Generali SpA: revenues & profitability
Figure 65: Assicurazioni Generali SpA: assets & liabilities
Figure 66: UniCredito Italiano Group: revenues & profitability
Figure 67: UniCredito Italiano Group: assets & liabilities
Figure 68: Italy insurance market value forecast: $ million, 2009–14
Figure 69: Japan insurance market value: $ million, 2005–09
Figure 70: Japan insurance market segmentation I:% share, by value, 2009
Figure 71: Japan insurance market segmentation II: % share, by value, 2009
Figure 72: Forces driving competition in the insurance market in Japan, 2009
Figure 73: Drivers of buyer power in the insurance market in Japan, 2009
Figure 74: Drivers of supplier power in the insurance market in Japan, 2009
Figure 75: Factors influencing the likelihood of new entrants in the insurance market in Japan, 2009
Figure 76: Factors influencing the threat of substitutes in the insurance market in Japan, 2009
Figure 77: Drivers of degree of rivalry in the insurance market in Japan, 2009
Figure 78: Meiji Yasuda Life Insurance Company: revenues & profitability
Figure 79: Meiji Yasuda Life Insurance Company: assets & liabilities
Figure 80: Nippon Life Insurance Company: revenues & profitability
Figure 81: Nippon Life Insurance Company: assets & liabilities
Figure 82: Sumitomo Life Insurance Co: revenues & profitability
Figure 83: Sumitomo Life Insurance Co: assets & liabilities
Figure 84: Japan insurance market value forecast: $ million, 2009–14
Figure 85: Russia insurance market value: $ million, 2005–09
Figure 86: Russia insurance market segmentation I:% share, by value, 2009
Figure 87: Russia insurance market segmentation II: % share, by value, 2009
Figure 88: Forces driving competition in the insurance market in Russia, 2009
Figure 89: Drivers of buyer power in the insurance market in Russia, 2009
Figure 90: Drivers of supplier power in the insurance market in Russia, 2009
Figure 91: Factors influencing the likelihood of new entrants in the insurance market in Russia, 2009
Figure 92: Factors influencing the threat of substitutes in the insurance market in Russia, 2009
Figure 93: Drivers of degree of rivalry in the insurance market in Russia, 2009
Figure 94: Allianz AG: revenues & profitability
Figure 95: Allianz AG: assets & liabilities
Figure 96: AXA: revenues & profitability
Figure 97: AXA: assets & liabilities
Figure 98: Russia insurance market value forecast: $ million, 2009–14
Figure 99: United Kingdom insurance market value: $ billion, 2005–09
Figure 100: United Kingdom insurance market segmentation I:% share, by value, 2009
Figure 101: United Kingdom insurance market segmentation II: % share, by value, 2009
Figure 102: Forces driving competition in the insurance market in the United Kingdom, 2009
Figure 103: Drivers of buyer power in the insurance market in the United Kingdom, 2009
Figure 104: Drivers of supplier power in the insurance market in the United Kingdom, 2009
Figure 105: Factors influencing the likelihood of new entrants in the insurance market in the United Kingdom, 2009
Figure 106: Factors influencing the threat of substitutes in the insurance market in the United Kingdom, 2009
Figure 107: Drivers of degree of rivalry in the insurance market in the United Kingdom, 2009
Figure 108: Allianz AG: revenues & profitability
Figure 109: Allianz AG: assets & liabilities
Figure 110: Aviva Plc: revenues & profitability
Figure 111: Aviva Plc: assets & liabilities
Figure 112: AXA: revenues & profitability
Figure 113: AXA: assets & liabilities
Figure 114: Standard Life Plc: revenues & profitability
Figure 115: Standard Life Plc: assets & liabilities
Figure 116: United Kingdom insurance market value forecast: $ billion, 2009–14
Figure 117: United States insurance market value: $ billion, 2005–09
Figure 118: United States insurance market segmentation I:% share, by value, 2009
Figure 119: United States insurance market segmentation II: % share, by value, 2009
Figure 120: Forces driving competition in the insurance market in the United States, 2009
Figure 121: Drivers of buyer power in the insurance market in the United States, 2009
Figure 122: Drivers of supplier power in the insurance market in the United States, 2009
Figure 123: Factors influencing the likelihood of new entrants in the insurance market in the United States, 2009
Figure 124: Factors influencing the threat of substitutes in the insurance market in the United States, 2009
Figure 125: Drivers of degree of rivalry in the insurance market in the United States, 2009
Figure 126: American International Group, Inc.: revenues & profitability
Figure 127: American International Group, Inc.: assets & liabilities
Figure 128: MetLife Inc: revenues & profitability
Figure 129: MetLife Inc: assets & liabilities
Figure 130: State Farm Insurance: revenues & profitability
Figure 131: State Farm Insurance: assets & liabilities
Figure 132: United States insurance market value forecast: $ billion, 2009–14