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Asia Pacific Insurance Market: Market Size, Forecast, Insights, and Competitive Landscape

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    Report

  • 111 Pages
  • April 2023
  • Region: Asia Pacific
  • Prodture
  • ID: 5462683
The Asia Pacific insurance market is expected to grow at a CAGR of around 4.8% during 2023-2030. This report on Asia Pacific insurance market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the Asia Pacific insurance market by segmenting the market based on type, service provider, and country. Also, detailed profiles of companies operating in the Asia Pacific Insurance market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

  • Evolving Government Regulations
  • Rising Consumer Income Levels
  • Entry of New Players

Market Challenges

  • High Premiums
  • Increased Regulations

Historical & Forecast Period

  • Base Year: 2022
  • Historical Period: 2018-2022
  • Forecast Period: 2023-2030

Market by Type

  • Life
  • Non-Life
  • Property
  • Motor
  • Third-Party Liability
  • Others

Market by Service Provider

  • Public
  • Private

Market by Country

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Indonesia
  • Others
Frequently Asked Questions about the Asian Pacific Insurance Market

What is the estimated value of the Asian Pacific Insurance Market?

The Asian Pacific Insurance Market was estimated to be valued at $2.04 Trillion in 2023.

What is the growth rate of the Asian Pacific Insurance Market?

The growth rate of the Asian Pacific Insurance Market is 4.8%, with an estimated value of $2.82 Trillion by 2030.

What is the forecasted size of the Asian Pacific Insurance Market?

The Asian Pacific Insurance Market is estimated to be worth $2.82 Trillion by 2030.

Who are the key companies in the Asian Pacific Insurance Market?

Key companies in the Asian Pacific Insurance Market include AIA Group, Asahi Mutual Life Insurance Company, Bajaj Finserv Ltd., China Life Insurance Co. Ltd., HDFC Life Insurance Co. Ltd., Insurance Australia Group Ltd., Japan Post Insurance, MS&AD Insurance Group Holdings Inc., Ping An Insurance and Tokyo Marine Holding Inc..

Table of Contents

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions

2. Key Insights

3. Asia Pacific Insurance Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges

4. Asia Pacific Insurance Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19

5. Asia Pacific Insurance Market by Type
5.1. Introduction
5.2. Life
5.3. Non-Life
5.3.1. Property
5.3.2. Motor
5.3.3. Third-Party Liability
5.3.4. Others

6. Asia Pacific Insurance Market by Service Provider
6.1 Introduction
6.2 Public
6.3 Private

7. Asia Pacific Insurance Market by Country
7.1 Introduction
7.2 China
7.3 India
7.4 Japan
7.5 Australia
7.6 South Korea
7.7 Indonesia
7.8 Others

8. SWOT Analysis

9. Porter’s Five Forces

10. Market Value Chain Analysis

11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. AIA Group
11.2.2. Asahi Mutual Life Insurance Company
11.2.3. Bajaj Finserv Ltd.
11.2.4. China Life Insurance Co. Ltd.
11.2.5. HDFC Life Insurance Co. Ltd.
11.2.6. Insurance Australia Group Ltd.
11.2.7. Japan Post Insurance
11.2.8. MS&AD Insurance Group Holdings Inc.
11.2.9. Ping An Insurance
11.2.10. Tokyo Marine Holding Inc.

List of Figures
Figure 1: Asia Pacific Insurance Market (in US$ Million), 2018-2022
Figure 2: Asia Pacific Insurance Market by Type, 2022
Figure 3: Asia Pacific Insurance Market by Service Provider, 2022
Figure 4: Asia Pacific Insurance Market by Country, 2022
Figure 5: Asia Pacific Insurance Market (in US$ Million), 2023-2030
Figure 6: Asia Pacific Insurance Market by Type (in %), 2022 & 2030
Figure 7: Asia Pacific Life Insurance Market (in US$ Million), 2018-2022
Figure 8: Asia Pacific Life Insurance Market (in US$ Million), 2023-2030
Figure 9: Asia Pacific Non-Life Insurance Market (in US$ Million), 2018-2022
Figure 10: Asia Pacific Non-Life Insurance Market (in US$ Million), 2023-2030
Figure 11: Property Insurance Market (in US$ Million), 2018-2030
Figure 12: Motor Insurance Market (in US$ Million), 2018-2030
Figure 13: Third-Party Liability Insurance Market (in US$ Million), 2018-2030
Figure 14: Other Non-Life Insurance Market (in US$ Million), 2018-2030
Figure 15: Asia Pacific Insurance Market by Service Provider (in %), 2022 & 2030
Figure 16: Asia Pacific Public Insurance Market (in US$ Million), 2018-2022
Figure 17: Asia Pacific Public Insurance Market (in US$ Million), 2023-2030
Figure 18: Asia Pacific Private Insurance Market (in US$ Million), 2018-2022
Figure 19: Asia Pacific Private Insurance Market (in US$ Million), 2023-2030
Figure 20: Asia Pacific Insurance Market by Country (in %), 2022 & 2030
Figure 21: China Insurance Market (in US$ Million), 2018-2022
Figure 22: China Insurance Market (in US$ Million), 2023-2030
Figure 23: India Insurance Market (in US$ Million), 2018-2022
Figure 24: India Insurance Market (in US$ Million), 2023-2030
Figure 25: Japan Insurance Market (in US$ Million), 2018-2022
Figure 26: Japan Insurance Market (in US$ Million), 2023-2030
Figure 27: Australia Insurance Market (in US$ Million), 2018-2022
Figure 28: Australia Insurance Market (in US$ Million), 2023-2030
Figure 29: South Korea Insurance Market (in US$ Million), 2018-2022
Figure 30: South Korea Insurance Market (in US$ Million), 2023-2030
Figure 31: Indonesia Insurance Market (in US$ Million), 2018-2022
Figure 32: Indonesia Insurance Market (in US$ Million), 2023-2030
Figure 33: Other Countries Insurance Market (in US$ Million), 2018-2022
Figure 34: Other Countries Insurance Market (in US$ Million), 2023-2030
Figure 35: Market Value Chain

List of Tables
Table 1: Asia Pacific Insurance Market Portraiture
Table 2: Asia Pacific Insurance Market by Type (in US$ Million), 2022 & 2030
Table 3: Non-Life Insurance Market by Type (in US$ Million), 2022 & 2030
Table 4: Asia Pacific Insurance Market by Service Provider (in US$ Million), 2022 & 2030
Table 5: Asia Pacific Insurance Market by Country (in US$ Million), 2022 & 2030
Table 6: List of Key Players

Companies Mentioned

  • AIA Group
  • Asahi Mutual Life Insurance Company
  • Bajaj Finserv Ltd.
  • China Life Insurance Co. Ltd.
  • HDFC Life Insurance Co. Ltd.
  • Insurance Australia Group Ltd.
  • Japan Post Insurance
  • MS&AD Insurance Group Holdings Inc.
  • Ping An Insurance
  • Tokyo Marine Holding Inc.

Methodology

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