Summary
Insurance in Portugal industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 Portuguese insurance market had total gross written premiums of $11.4bn in 2020, representing a compound annual rate of change (CARC) of -2.3% between 2016 and 2020.
- The non-life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $6.1bn, equivalent to 53.1% of the market's overall value.
- The COVID-19 pandemic has had a significant impact on many markets around the world, including insurance. A low interest rate environment has constrained insurers’ profits, whilst pandemic-mandated restrictions have dampened demand for certain types of insurance, such as motor and travel.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Portugal
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Portugal
- 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 Portugal insurance market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Portugal automotive manufacturing market by value in 2020?
- What will be the size of the Portugal automotive manufacturing market in 2025?
- What factors are affecting the strength of competition in the Portugal automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Portugal's automotive manufacturing market?
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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. Fidelidade - Companhia de Seguros SA
8.2. Banco BPI SA
8.3. Seguradoras Unidas SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Portugal insurance market value: $ billion, 2016–20
Table 2: Portugal insurance market category segmentation: $ billion, 2020
Table 3: Portugal insurance market geography segmentation: $ billion, 2020
Table 4: Portugal insurance market value forecast: $ billion, 2020–25
Table 5: Portugal insurance market share: % share, by value, 2020
Table 6: Fidelidade - Companhia de Seguros SA: key facts
Table 7: Fidelidade - Companhia de Seguros SA: Key Employees
Table 8: Banco BPI SA: key facts
Table 9: Banco BPI SA: Key Employees
Table 10: Seguradoras Unidas SA: key facts
Table 11: Seguradoras Unidas SA: Key Employees
Table 12: Portugal size of population (million), 2016–20
Table 13: Portugal gdp (constant 2005 prices, $ billion), 2016–20
Table 14: Portugal gdp (current prices, $ billion), 2016–20
Table 15: Portugal inflation, 2016–20
Table 16: Portugal consumer price index (absolute), 2016–20
Table 17: Portugal exchange rate, 2016–20
List of Figures
Figure 1: Portugal insurance market value: $ billion, 2016–20
Figure 2: Portugal insurance market category segmentation: % share, by value, 2020
Figure 3: Portugal insurance market geography segmentation: % share, by value, 2020
Figure 4: Portugal insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Portugal, 2020
Figure 6: Drivers of buyer power in the insurance market in Portugal, 2020
Figure 7: Drivers of supplier power in the insurance market in Portugal, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Portugal, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Portugal, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Portugal, 2020
Figure 11: Portugal insurance market share: % share, by value, 2020
