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Insurance in Belgium - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 44 Pages
  • November 2021
  • Region: Belgium
  • MarketLine
  • ID: 5526691
Insurance in Belgium 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 Belgian insurance market had total gross written premiums of $41.2bn in 2020, representing a compound annual growth rate (CAGR) of 4.4% between 2016 and 2020.
  • The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $22.9bn, equivalent to 55.6% of the market's overall value.
  • Demand for digital insurance solutions has been accelerated during the COVID-19 pandemic and could be a lucrative avenue for growth in the Belgian insurance market going forwards.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Belgium
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Belgium
  • 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 Belgium insurance market with five year forecasts

Reasons to Buy

  • What was the size of the Belgium automotive manufacturing market by value in 2020?
  • What will be the size of the Belgium automotive manufacturing market in 2025?
  • What factors are affecting the strength of competition in the Belgium automotive manufacturing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Belgium's automotive manufacturing market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID - 19 outbreak impacted the market?
8 Company Profiles
8.1. AG Insurance SA/NV
8.2. AXA SA
8.3. Ethias SA
8.4. KBC Group 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 insurance market value: $ billion, 2016 - 20
Table 2: Belgium insurance market category segmentation: $ billion, 2020
Table 3: Belgium insurance market geography segmentation: $ billion, 2020
Table 4: Belgium insurance market value forecast: $ billion, 2020 - 25
Table 5: Belgium insurance market share: % share, by value, 2020
Table 6: AG Insurance SA/NV: key facts
Table 7: AG Insurance SA/NV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Annual Financial Ratios
Table 10: AXA SA: Key Employees
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Ethias SA: key facts
Table 14: Ethias SA: Key Employees
Table 15: KBC Group NV: key facts
Table 16: KBC Group NV: Annual Financial Ratios
Table 17: KBC Group NV: Key Employees
Table 18: Belgium size of population (million), 2016 - 20
Table 19: Belgium gdp (constant 2005 prices, $ billion), 2016 - 20
Table 20: Belgium gdp (current prices, $ billion), 2016 - 20
Table 21: Belgium inflation, 2016 - 20
Table 22: Belgium consumer price index (absolute), 2016 - 20
Table 23: Belgium exchange rate, 2016 - 20
List of Figures
Figure 1: Belgium insurance market value: $ billion, 2016 - 20
Figure 2: Belgium insurance market category segmentation: % share, by value, 2020
Figure 3: Belgium insurance market geography segmentation: % share, by value, 2020
Figure 4: Belgium insurance market value forecast: $ billion, 2020 - 25
Figure 5: Forces driving competition in the insurance market in Belgium, 2020
Figure 6: Drivers of buyer power in the insurance market in Belgium, 2020
Figure 7: Drivers of supplier power in the insurance market in Belgium, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Belgium, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Belgium, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Belgium, 2020
Figure 11: Belgium insurance market share: % share, by value, 2020

Companies Mentioned (Partial List)

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

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

Table Information