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Motor Insurance in India to 2021: Market Size, Growth and Forecast Analytics

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    Report

  • 43 Pages
  • April 2018
  • Region: India
  • GlobalData
  • ID: 4497248
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The publisher's "Motor Insurance in India to 2021: Market Size, Growth and Forecast Analytics" contains detailed historic and forecast data covering Motor Insurance in India. This databook provides values for key performance indicators such as premiums (gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP) and insurance penetration (ratio of direct premiums to GDP)), expenses (incurred loss and loss ratio (%)) and segmented by product type (motor hull & motor third party liability).

The research handbook provides the up-to-date market data for period 2012-2016 and illustrative forecast to 2021. Values in the handbook are depicted in USD ($) and local currency by country and number of active policies are represented in millions.

Summary

A contract by which the insurer assumes the risk of any loss the owner or operator of a vehicle and third party may incur through damage to property or persons as the result of an accident.

The total amount of gross written premiums in the motor insurance in India is valued at INR518.09 billion (US$7.71 billion) in 2016, which is an increase of 67.44% from 2012. The category has recorded a CAGR of 13.75% during the review period (2012-2016).

Motor Insurance in India to 2021: Market Size, Growth and Forecast Analytics provides a top-level overview and detailed insight into the operating environment of Insurance industry in India. It is an essential tool for companies active across the India value chain and for new players considering to enter the market.

Scope

Motor Insurance in India to 2021: Market Size, Growth and Forecast Analytics provides you with the following:
  • Overall values of premiums and expenses in the Motor Insurance

  • Values of policies and premiums by product type (motor hull & motor third party liability).


Reasons To Buy
  • Understand the non-life insurance industry covering motor insurance life in India.

  • Enhance your knowledge of the market with a breakdown of data including gross written premiums, direct written premiums, net written premiums, net earned premiums, net written premiums (% of GWP) and insurance penetration (ratio of direct premiums to GDP)incurred loss and loss ratio (%) and segmented by product type (motor hull & motor third party liability).

  • Allows you to plan future business decisions using the forecast figures given for the segment.

  • The broad but detailed perspective will help all the companies in the Insurance industry to understand and succeed in the challenging market.

Table of Contents

1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology
1.4 CAGR Definition and Calculation
2 Motor Insurance
2.1 Premiums and Expenses
2.1.1 Gross Written Premiums, 2012 - 2016
2.1.2 Gross Written Premiums Forecast, 2017 - 2021
2.1.3 Direct Written Premiums, 2012 - 2016
2.1.4 Direct Written Premiums Forecast, 2017 - 2021
2.1.5 Net Written Premiums, 2012 - 2016
2.1.6 Net Written Premium Forecast, 2017 - 2021
2.1.7 Net Written Premiums (% of GWP) , 2012 - 2016
2.1.8 Net Written Premiums (% of GWP)
2.1.9 Net Earned Premiums, 2012 - 2016
2.1.10 Net Earned Premiums Forecast, 2017 - 2021
2.1.11 Insurance Penetration (Ratio of Direct Premiums to GDP) , 2012 - 2016
2.1.12 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
2.1.13 Incurred Loss, 2012 - 2016
2.1.14 Incurred Loss Forecast, 2017 - 2021
2.1.15 Loss Ratio (%), 2012 - 2016
2.1.16 Loss Ratio (%) Forecast, 2017 - 2021
3 Motor Insurance - By Product Type
3.1 Motor Hull
3.1.1 Gross Written Premiums, 2012 - 2016
3.1.2 Gross Written Premiums Forecast, 2017 - 2021
3.1.3 Direct Written Premiums, 2012 - 2016
3.1.4 Direct Written Premiums Forecast, 2017 - 2021
3.1.5 Insurance Penetration (Ratio of Direct Premiums to GDP) , 2012 - 2016
3.1.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
3.2 Motor Third Party Liability
3.2.1 Gross Written Premiums, 2012 - 2016
3.2.2 Gross Written Premiums Forecast, 2017 - 2021
3.2.3 Direct Written Premiums, 2012 - 2016
3.2.4 Direct Written Premiums Forecast, 2017 - 2021
3.2.5 Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
3.2.6 Insurance Penetration (Ratio of Direct Premiums to GDP) Forecast, 2017 - 2021
4 Appendix
4.1 Exchange Rates
4.2 About Us
4.3 Publisher's Services
4.4 Disclaimer
List of Tables
Table 1: Insurance Market Definitions
Table 2: Indian Motor Insurance; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 3: Indian Motor Insurance; Gross Written Premiums (INR Billion), 2012 - 2016
Table 4: Indian Motor Insurance; Gross Written Premiums (US$ Billion), 2017-2021
Table 5: Indian Motor Insurance; Gross Written Premiums (INR Billion), 2017-2021
Table 6: Indian Motor Insurance; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 7: Indian Motor Insurance; Direct Written Premiums (INR Billion), 2012 - 2016
Table 8: Indian Motor Insurance; Direct Written Premiums (US$ Billion), 2017-2021
Table 9: Indian Motor Insurance; Direct Written Premiums (INR Billion), 2017-2021
Table 10: Indian Motor Insurance; Net Written Premiums (US$ Billion), 2012 - 2016
Table 11: Indian Motor Insurance; Net Written Premiums (INR Billion), 2012 - 2016
Table 12: Indian Motor Insurance; Net Written Premiums (US$ Billion), 2017-2021
Table 13: Indian Motor Insurance; Net Written Premiums (INR Billion), 2017-2021
Table 14: Indian Motor Insurance; Net Written Premiums (% of GWP), 2012 - 2016
Table 15: Indian Motor Insurance; Net Written Premiums (% of GWP), 2017-2021
Table 16: Indian Motor Insurance; Net Earned Premiums (US$ Billion), 2012 - 2016
Table 17: Indian Motor Insurance; Net Earned Premiums (INR Billion), 2012 - 2016
Table 18: Indian Motor Insurance; Net Earned Premiums (US$ Billion), 2017-2021
Table 19: Indian Motor Insurance; Net Earned Premiums (INR Billion), 2017-2021
Table 20: Indian Motor Insurance; Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 21: Indian Motor Insurance; Penetration (Ratio of Direct Premiums to GDP), 2017-2021
Table 22: Indian Motor Insurance; Incurred Loss (US$ Billion), 2012 - 2016
Table 23: Indian Motor Insurance; Incurred Loss (INR Billion), 2012 - 2016
Table 24: Indian Motor Insurance; Incurred Loss (US$ Billion), 2017-2021
Table 25: Indian Motor Insurance; Incurred Loss (INR Billion), 2017-2021
Table 26: Indian Motor Insurance; Loss Ratio (Percentage), 2012 - 2016
Table 27: Indian Motor Insurance; Loss Ratio (Percentage ), 2017-2021
Table 28: Indian Motor Insurance by Motor Hull; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 29: Indian Motor Insurance by Motor Hull; Gross Written Premiums (INR Billion), 2012 - 2016
Table 30: Indian Motor Insurance by Motor Hull; Gross Written Premiums (US$ Billion), 2017-2021
Table 31: Indian Motor Insurance by Motor Hull; Gross Written Premiums (INR Billion), 2017-2021
Table 32: Indian Motor Insurance by Motor Hull; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 33: Indian Motor Insurance by Motor Hull; Direct Written Premiums (INR Billion), 2012 - 2016
Table 34: Indian Motor Insurance by Motor Hull; Direct Written Premiums (US$ Billion), 2017-2021
Table 35: Indian Motor Insurance by Motor Hull; Direct Written Premiums (INR Billion), 2017-2021
Table 36: Indian Motor Insurance by Motor Hull; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 37: Indian Motor Insurance by Motor Hull; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017-2021
Table 38: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (US$ Billion), 2012 - 2016
Table 39: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (INR Billion), 2012 - 2016
Table 40: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (US$ Billion), 2017-2021
Table 41: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (INR Billion), 2017-2021
Table 42: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (US$ Billion), 2012 - 2016
Table 43: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (INR Billion), 2012 - 2016
Table 44: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (US$ Billion), 2017-2021
Table 45: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (INR Billion), 2017-2021
Table 46: Indian Motor Insurance by Motor Third Party Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Table 47: Indian Motor Insurance by Motor Third Party Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017-2021
Table 48: Exchange Rates (Annual Average), 2012 – 2016
Table 49: Exchange Rates (Annual Average), 2017 – 2021
List of Figures
Figure 1: Indian Motor Insurance; Gross Written Premiums (INR Billion), 2012 - 2016
Figure 2: Indian Motor Insurance; Gross Written Premiums (INR Billion), 2017-2021
Figure 3: Indian Motor Insurance; Direct Written Premiums (INR Billion), 2012 - 2016
Figure 4: Indian Motor Insurance; Direct Written Premiums (INR Billion), 2017-2021
Figure 5: Indian Motor Insurance; Net Written Premiums (INR Billion), 2012 - 2016
Figure 6: Indian Motor Insurance; Net Written Premiums (INR Billion), 2017-2021
Figure 7: Indian Motor Insurance; Net Written Premiums (% of GWP), 2012 - 2016
Figure 8: Indian Motor Insurance; Net Written Premiums (% of GWP), 2017-2021
Figure 9: Indian Motor Insurance; Net Earned Premiums (INR Billion), 2012 - 2016
Figure 10: Indian Motor Insurance; Net Earned Premiums (INR Billion), 2017-2021
Figure 11: Indian Motor Insurance; Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 12: Indian Motor Insurance; Penetration Ratio of Direct Premiums to GDP), 2017-2021
Figure 13: Indian Motor Insurance; Incurred Loss (INR Billion), 2012 - 2016
Figure 14: Indian Motor Insurance; Incurred Loss (INR Billion), 2017-2021
Figure 15: Indian Motor Insurance; Loss Ratio (Percentage), 2012 - 2016
Figure 16: Indian Motor Insurance; Loss Ratio (Percentage ) 2017-2021
Figure 17: Indian Motor Insurance by Motor Hull; Gross Written Premiums (INR Billion) 2012 - 2016
Figure 18: Indian Motor Insurance by Motor Hull; Gross Written Premiums (INR Billion) 2017-2021
Figure 19: Indian Motor Insurance by Motor Hull; Direct Written Premiums (INR Billion) 2012 - 2016
Figure 20: Indian Motor Insurance by Motor Hull; Direct Written Premiums (INR Billion) 2017-2021
Figure 21: Indian Motor Insurance by Motor Hull; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 22: Indian Motor Insurance by Motor Hull; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017-2021
Figure 23: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (INR Billion) 2012 - 2016
Figure 24: Indian Motor Insurance by Motor Third Party Liability; Gross Written Premiums (INR Billion) 2017-2021
Figure 25: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (INR Billion) 2012 - 2016
Figure 26: Indian Motor Insurance by Motor Third Party Liability; Direct Written Premiums (INR Billion) 2017-2021
Figure 27: Indian Motor Insurance by Motor Third Party Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2012 - 2016
Figure 28: Indian Motor Insurance by Motor Third Party Liability; Insurance Penetration (Ratio of Direct Premiums to GDP), 2017-2021