Insurance in Spain 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 Spanish insurance market had total gross written premiums of $66.3bn in 2020, representing a compound annual rate of change (CARC) of -1.6% between 2016 and 2020.
- The non-life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $41.4bn, equivalent to 62.4% of the market's overall value.
- The COVID-19 pandemic, which first took hold in Spain in early 2020, has had a significant impact on the insurance market. Cuts to interest rates have hampered insurance companies’ profits, and there has been a reduction in demand for certain types of insurance, such as travel insurance, amid pandemic-mandated nationwide lockdown restrictions.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Spain
- 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 Spain insurance market with five year forecasts
Reasons to Buy
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- How has the market performed over the last five years?
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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:
- VidaCaixa, S.A.U. de Seguros y Reaseguros
- Mapfre SA
- Prudential Plc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 41 |
| Published | November 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 66.27 Billion |
| Forecasted Market Value ( USD | $ 79.39 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Spain |
