Insurance North America (NAFTA) Industry Guide 2014-2023
May 26, 2020
MarketLine
108
pdf
Insurance North America (NAFTA) Industry Guide 2014-2023
Abstract
Summary
The NAFTA Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the NAFTA insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The insurance industry within the NAFTA countries had a total market value of $1,624.6 billion in 2018.The Mexico was the fastest growing country, with a CAGR of 9.5% over the 2014-18 period. - Within the insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,469.4 billion in 2018. This was followed by Canada and Mexico, with a value of $127.8 and $27.3 billion, respectively. - The US is expected to lead the insurance industry in the NAFTA bloc, with a value of $1,852.5 billion in 2023, followed by Canada and Mexico with expected values of $171.0 and $41.7 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA insurance market - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA insurance market - Leading company profiles reveal details of key insurance market players’ NAFTA operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA insurance market with five year forecasts - Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA insurance market by value in 2018? - What will be the size of the NAFTA insurance market in 2023? - What factors are affecting the strength of competition in the NAFTA insurance market? - How has the market performed over the last five years? - Who are the top competitors in the NAFTA insurance market?
Content
Table of Contents 1 Introduction 1.1. What is this report about? 1.2. Who is the target reader? 1.3. How to use this report 1.4. Definitions 2 NAFTA Insurance 2.1. Industry Outlook 3 Insurance in Canada 3.1. Market Overview 3.2. Market Data 3.3. Market Segmentation 3.4. Market outlook 3.5. Five forces analysis 3.6. Macroeconomic Indicators 4 Insurance in Mexico 4.1. Market Overview 4.2. Market Data 4.3. Market Segmentation 4.4. Market outlook 4.5. Five forces analysis 4.6. Macroeconomic Indicators 5 Insurance in The United States 5.1. Market Overview 5.2. Market Data 5.3. Market Segmentation 5.4. Market outlook 5.5. Five forces analysis 5.6. Macroeconomic Indicators 6 Company Profiles 6.1. Chubb Ltd 6.2. Intact Financial Corporation 6.3. Aviva Plc 6.4. Desjardins Group 6.5. Qualitas Controladora SAB de CV 6.6. AXA SA 6.7. Grupo Nacional Provincial SAB 6.8. State Farm Mutual Automobile Insurance Co 6.9. Berkshire Hathaway Inc 6.10. MetLife Inc 6.11. The Northwestern Mutual Life Insurance Co 7 Appendix 7.1. Methodology 7.2. About MarketLine
List of Tables Table 1: NAFTA countries Insurance industry, revenue ($bn), 2014-23 Table 2: NAFTA countries Insurance industry, revenue ($bn), 2014-18 Table 3: NAFTA countries Insurance industry forecast, revenue ($bn), 2018-23 Table 4: Canada insurance market value: $ billion, 2014-18 Table 5: Canada insurance market category segmentation: $ billion, 2018 Table 6: Canada insurance market geography segmentation: $ billion, 2018 Table 7: Canada insurance market share: % share, by value, 2018 Table 8: Canada insurance market value forecast: $ billion, 2018-23 Table 9: Canada size of population (million), 2014-18 Table 10: Canada gdp (constant 2005 prices, $ billion), 2014-18 Table 11: Canada gdp (current prices, $ billion), 2014-18 Table 12: Canada inflation, 2014-18 Table 13: Canada consumer price index (absolute), 2014-18 Table 14: Canada exchange rate, 2014-18 Table 15: Mexico insurance market value: $ billion, 2014-18 Table 16: Mexico insurance market category segmentation: $ billion, 2018 Table 17: Mexico insurance market geography segmentation: $ billion, 2018 Table 18: Mexico insurance market share: % share, by value, 2018 Table 19: Mexico insurance market value forecast: $ billion, 2018-23 Table 20: Mexico size of population (million), 2014-18 Table 21: Mexico gdp (constant 2005 prices, $ billion), 2014-18 Table 22: Mexico gdp (current prices, $ billion), 2014-18 Table 23: Mexico inflation, 2014-18 Table 24: Mexico consumer price index (absolute), 2014-18 Table 25: Mexico exchange rate, 2014-18 Table 26: United States insurance market value: $ billion, 2014-18 Table 27: United States insurance market category segmentation: $ billion, 2018 Table 28: United States insurance market geography segmentation: $ billion, 2018 Table 29: United States insurance market share: % share, by value, 2018 Table 30: United States insurance market value forecast: $ billion, 2018-23 Table 31: United States size of population (million), 2014-18 Table 32: United States gdp (constant 2005 prices, $ billion), 2014-18 Table 33: United States gdp (current prices, $ billion), 2014-18 Table 34: United States inflation, 2014-18 Table 35: United States consumer price index (absolute), 2014-18 Table 36: United States exchange rate, 2014-18 Table 37: Chubb Ltd: key facts Table 38: Chubb Ltd: Annual Financial Ratios Table 39: Chubb Ltd: Key Employees Table 40: Chubb Ltd: Key Employees Continued Table 41: Chubb Ltd: Key Employees Continued Table 42: Chubb Ltd: Key Employees Continued Table 43: Intact Financial Corporation: key facts Table 44: Intact Financial Corporation: Annual Financial Ratios Table 45: Intact Financial Corporation: Key Employees Table 46: Intact Financial Corporation: Key Employees Continued Table 47: Aviva Plc: key facts Table 48: Aviva Plc: Annual Financial Ratios Table 49: Aviva Plc: Key Employees Table 50: Aviva Plc: Key Employees Continued
List of Figures Figure 1: NAFTA countries Insurance industry, revenue ($bn), 2014-23 Figure 2: NAFTA countries Insurance industry, revenue ($bn), 2014-18 Figure 3: NAFTA countries Insurance industry forecast, revenue ($bn), 2018-23 Figure 4: Canada insurance market value: $ billion, 2014-18 Figure 5: Canada insurance market category segmentation: % share, by value, 2018 Figure 6: Canada insurance market geography segmentation: % share, by value, 2018 Figure 7: Canada insurance market share: % share, by value, 2018 Figure 8: Canada insurance market value forecast: $ billion, 2018-23 Figure 9: Forces driving competition in the insurance market in Canada, 2018 Figure 10: Drivers of buyer power in the insurance market in Canada, 2018 Figure 11: Drivers of supplier power in the insurance market in Canada, 2018 Figure 12: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2018 Figure 13: Factors influencing the threat of substitutes in the insurance market in Canada, 2018 Figure 14: Drivers of degree of rivalry in the insurance market in Canada, 2018 Figure 15: Mexico insurance market value: $ billion, 2014-18 Figure 16: Mexico insurance market category segmentation: % share, by value, 2018 Figure 17: Mexico insurance market geography segmentation: % share, by value, 2018 Figure 18: Mexico insurance market share: % share, by value, 2018 Figure 19: Mexico insurance market value forecast: $ billion, 2018-23 Figure 20: Forces driving competition in the insurance market in Mexico, 2018 Figure 21: Drivers of buyer power in the insurance market in Mexico, 2018 Figure 22: Drivers of supplier power in the insurance market in Mexico, 2018 Figure 23: Factors influencing the likelihood of new entrants in the insurance market in Mexico, 2018 Figure 24: Factors influencing the threat of substitutes in the insurance market in Mexico, 2018 Figure 25: Drivers of degree of rivalry in the insurance market in Mexico, 2018 Figure 26: United States insurance market value: $ billion, 2014-18 Figure 27: United States insurance market category segmentation: % share, by value, 2018 Figure 28: United States insurance market geography segmentation: % share, by value, 2018 Figure 29: United States insurance market share: % share, by value, 2018 Figure 30: United States insurance market value forecast: $ billion, 2018-23 Figure 31: Forces driving competition in the insurance market in the United States, 2018 Figure 32: Drivers of buyer power in the insurance market in the United States, 2018 Figure 33: Drivers of supplier power in the insurance market in the United States, 2018 Figure 34: Factors influencing the likelihood of new entrants in the insurance market in the United States, 2018 Figure 35: Factors influencing the threat of substitutes in the insurance market in the United States, 2018 Figure 36: Drivers of degree of rivalry in the insurance market in the United States, 2018
The NAFTA Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the NAFTA insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The insurance industry within the NAFTA countries had a total market value of $1,624.6 billion in 2018.The Mexico was the fastest growing country, with a CAGR of 9.5% over the 2014-18 period. - Within the insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,469.4 billion in 2018. This was followed by Canada and Mexico, with a value of $127.8 and $27.3 billion, respectively. - The US is expected to lead the insurance industry in the NAFTA bloc, with a value of $1,852.5 billion in 2023, followed by Canada and Mexico with expected values of $171.0 and $41.7 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA insurance market - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA insurance market - Leading company profiles reveal details of key insurance market players’ NAFTA operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA insurance market with five year forecasts - Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA insurance market by value in 2018? - What will be the size of the NAFTA insurance market in 2023? - What factors are affecting the strength of competition in the NAFTA insurance market? - How has the market performed over the last five years? - Who are the top competitors in the NAFTA insurance market?
Table of Contents 1 Introduction 1.1. What is this report about? 1.2. Who is the target reader? 1.3. How to use this report 1.4. Definitions 2 NAFTA Insurance 2.1. Industry Outlook 3 Insurance in Canada 3.1. Market Overview 3.2. Market Data 3.3. Market Segmentation 3.4. Market outlook 3.5. Five forces analysis 3.6. Macroeconomic Indicators 4 Insurance in Mexico 4.1. Market Overview 4.2. Market Data 4.3. Market Segmentation 4.4. Market outlook 4.5. Five forces analysis 4.6. Macroeconomic Indicators 5 Insurance in The United States 5.1. Market Overview 5.2. Market Data 5.3. Market Segmentation 5.4. Market outlook 5.5. Five forces analysis 5.6. Macroeconomic Indicators 6 Company Profiles 6.1. Chubb Ltd 6.2. Intact Financial Corporation 6.3. Aviva Plc 6.4. Desjardins Group 6.5. Qualitas Controladora SAB de CV 6.6. AXA SA 6.7. Grupo Nacional Provincial SAB 6.8. State Farm Mutual Automobile Insurance Co 6.9. Berkshire Hathaway Inc 6.10. MetLife Inc 6.11. The Northwestern Mutual Life Insurance Co 7 Appendix 7.1. Methodology 7.2. About MarketLine
List of Tables Table 1: NAFTA countries Insurance industry, revenue ($bn), 2014-23 Table 2: NAFTA countries Insurance industry, revenue ($bn), 2014-18 Table 3: NAFTA countries Insurance industry forecast, revenue ($bn), 2018-23 Table 4: Canada insurance market value: $ billion, 2014-18 Table 5: Canada insurance market category segmentation: $ billion, 2018 Table 6: Canada insurance market geography segmentation: $ billion, 2018 Table 7: Canada insurance market share: % share, by value, 2018 Table 8: Canada insurance market value forecast: $ billion, 2018-23 Table 9: Canada size of population (million), 2014-18 Table 10: Canada gdp (constant 2005 prices, $ billion), 2014-18 Table 11: Canada gdp (current prices, $ billion), 2014-18 Table 12: Canada inflation, 2014-18 Table 13: Canada consumer price index (absolute), 2014-18 Table 14: Canada exchange rate, 2014-18 Table 15: Mexico insurance market value: $ billion, 2014-18 Table 16: Mexico insurance market category segmentation: $ billion, 2018 Table 17: Mexico insurance market geography segmentation: $ billion, 2018 Table 18: Mexico insurance market share: % share, by value, 2018 Table 19: Mexico insurance market value forecast: $ billion, 2018-23 Table 20: Mexico size of population (million), 2014-18 Table 21: Mexico gdp (constant 2005 prices, $ billion), 2014-18 Table 22: Mexico gdp (current prices, $ billion), 2014-18 Table 23: Mexico inflation, 2014-18 Table 24: Mexico consumer price index (absolute), 2014-18 Table 25: Mexico exchange rate, 2014-18 Table 26: United States insurance market value: $ billion, 2014-18 Table 27: United States insurance market category segmentation: $ billion, 2018 Table 28: United States insurance market geography segmentation: $ billion, 2018 Table 29: United States insurance market share: % share, by value, 2018 Table 30: United States insurance market value forecast: $ billion, 2018-23 Table 31: United States size of population (million), 2014-18 Table 32: United States gdp (constant 2005 prices, $ billion), 2014-18 Table 33: United States gdp (current prices, $ billion), 2014-18 Table 34: United States inflation, 2014-18 Table 35: United States consumer price index (absolute), 2014-18 Table 36: United States exchange rate, 2014-18 Table 37: Chubb Ltd: key facts Table 38: Chubb Ltd: Annual Financial Ratios Table 39: Chubb Ltd: Key Employees Table 40: Chubb Ltd: Key Employees Continued Table 41: Chubb Ltd: Key Employees Continued Table 42: Chubb Ltd: Key Employees Continued Table 43: Intact Financial Corporation: key facts Table 44: Intact Financial Corporation: Annual Financial Ratios Table 45: Intact Financial Corporation: Key Employees Table 46: Intact Financial Corporation: Key Employees Continued Table 47: Aviva Plc: key facts Table 48: Aviva Plc: Annual Financial Ratios Table 49: Aviva Plc: Key Employees Table 50: Aviva Plc: Key Employees Continued
List of Figures Figure 1: NAFTA countries Insurance industry, revenue ($bn), 2014-23 Figure 2: NAFTA countries Insurance industry, revenue ($bn), 2014-18 Figure 3: NAFTA countries Insurance industry forecast, revenue ($bn), 2018-23 Figure 4: Canada insurance market value: $ billion, 2014-18 Figure 5: Canada insurance market category segmentation: % share, by value, 2018 Figure 6: Canada insurance market geography segmentation: % share, by value, 2018 Figure 7: Canada insurance market share: % share, by value, 2018 Figure 8: Canada insurance market value forecast: $ billion, 2018-23 Figure 9: Forces driving competition in the insurance market in Canada, 2018 Figure 10: Drivers of buyer power in the insurance market in Canada, 2018 Figure 11: Drivers of supplier power in the insurance market in Canada, 2018 Figure 12: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2018 Figure 13: Factors influencing the threat of substitutes in the insurance market in Canada, 2018 Figure 14: Drivers of degree of rivalry in the insurance market in Canada, 2018 Figure 15: Mexico insurance market value: $ billion, 2014-18 Figure 16: Mexico insurance market category segmentation: % share, by value, 2018 Figure 17: Mexico insurance market geography segmentation: % share, by value, 2018 Figure 18: Mexico insurance market share: % share, by value, 2018 Figure 19: Mexico insurance market value forecast: $ billion, 2018-23 Figure 20: Forces driving competition in the insurance market in Mexico, 2018 Figure 21: Drivers of buyer power in the insurance market in Mexico, 2018 Figure 22: Drivers of supplier power in the insurance market in Mexico, 2018 Figure 23: Factors influencing the likelihood of new entrants in the insurance market in Mexico, 2018 Figure 24: Factors influencing the threat of substitutes in the insurance market in Mexico, 2018 Figure 25: Drivers of degree of rivalry in the insurance market in Mexico, 2018 Figure 26: United States insurance market value: $ billion, 2014-18 Figure 27: United States insurance market category segmentation: % share, by value, 2018 Figure 28: United States insurance market geography segmentation: % share, by value, 2018 Figure 29: United States insurance market share: % share, by value, 2018 Figure 30: United States insurance market value forecast: $ billion, 2018-23 Figure 31: Forces driving competition in the insurance market in the United States, 2018 Figure 32: Drivers of buyer power in the insurance market in the United States, 2018 Figure 33: Drivers of supplier power in the insurance market in the United States, 2018 Figure 34: Factors influencing the likelihood of new entrants in the insurance market in the United States, 2018 Figure 35: Factors influencing the threat of substitutes in the insurance market in the United States, 2018 Figure 36: Drivers of degree of rivalry in the insurance market in the United States, 2018
Companies Covered Chubb Ltd Intact Financial Corporation Aviva Plc Desjardins Group Qualitas Controladora SAB de CV AXA SA Grupo Nacional Provincial SAB State Farm Mutual Automobile Insurance Co Berkshire Hathaway Inc MetLife Inc The Northwestern Mutual Life Insurance Co