Summary
Non-Life Insurance in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in India
- Leading company profiles reveal details of key non-life insurance market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India non-life insurance market with five year forecasts
Synopsis
Essential resource for top-line data and analysis covering the India non-life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the India non-life insurance market by value in 2015?
- What will be the size of the India non-life insurance market in 2020?
- What factors are affecting the strength of competition in the India non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in India's non-life insurance market?
Key Highlights
The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer's premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2015 annual average exchange rates.
The Indian non-life insurance market had total gross written premiums of $15.8bn in 2015, representing a compound annual growth rate (CAGR) of 14% between 2011 and 2015. The leading companies in place in India cover approximately 50% of the market, as suc
The motor segment was the market's most lucrative in 2015, with total gross written premiums of $6.1bn, equivalent to 38.4% of the market's overall value.
Structural reforms in India by the government have increased spending on infrastructure. This is likely to have an effect on increased demand for non-life insurance in the coming years, particularly in the motor insurance segment.
'
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
ICICI Lombard General Insurance Company Limited
The New India Assurance Co. Ltd.
National Insurance Company Limited
United India Insurance Co. Ltd
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
Table 1: India non-life insurance market value: $ billion, 2011-15
Table 2: India non-life insurance market category segmentation: $ billion, 2015
Table 3: India non-life insurance market geography segmentation: $ billion, 2015
Table 4: India non-life insurance market share: % share, by value, 2015
Table 5: India non-life insurance market value forecast: $ billion, 2015-20
Table 6: ICICI Lombard General Insurance Company Limited: key facts
Table 7: ICICI Lombard General Insurance Company Limited: key financials ($)
Table 8: ICICI Lombard General Insurance Company Limited: key financials (Rs.)
Table 9: ICICI Lombard General Insurance Company Limited: key financial ratios
Table 10: The New India Assurance Co. Ltd.: key facts
Table 11: National Insurance Company Limited: key facts
Table 12: United India Insurance Co. Ltd: key facts
Table 13: India size of population (million), 2011-15
Table 14: India gdp (constant 2005 prices, $ billion), 2011-15
Table 15: India gdp (current prices, $ billion), 2011-15
Table 16: India inflation, 2011-15
Table 17: India consumer price index (absolute), 2011-15
Table 18: India exchange rate, 2011-15
ICICI Lombard General Insurance Company Limited
The New India Assurance Co. Ltd.
National Insurance Company Limited
United India Insurance Co. Ltd
