Insurance in South America 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 South American insurance market had total gross written premiums of $88.3bn in 2020, representing a compound annual growth rate (CAGR) of 5.1% between 2016 and 2020.
- The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $45.4bn, equivalent to 51.4% of the market's overall value.
- Consumer confidence has plummeted in 2020 due to the uncertainty brought about by the pandemic, whilst many consumers’ incomes have taken a hit due to the closure of businesses and industries under nationwide lockdown restrictions. This has restricted consumers’ ability to invest in insurance plans, causing the market to suffer.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in South America
- 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 South America insurance market with five year forecasts
Reasons to Buy
- What was the size of the South America travel & tourism market by value in 2020?
- What will be the size of the South America travel & tourism market in 2025?
- What factors are affecting the strength of competition in the South America travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's travel & tourism market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Mapfre SA
- Banco Bradesco SA
- Porto Seguro SA
- Banco do Brasil SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 44 |
| Published | November 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 88.25 Billion |
| Forecasted Market Value ( USD | $ 112.06 Billion |
| Compound Annual Growth Rate | 4.8% |
