Life Insurance in Australia - 麻豆原创 Summary, Competitive Analysis and Forecast to 2025

Publication ID:

MLI12210170

Publication Date:

October 28, 2021

Pages:

Publisher:

麻豆原创Line

Countries:

Australia [1]

USD 350.00

Insurance [2]

Country Overview (Banking & Finance) [3]

Banking & Finance [4]

Description:

Life Insurance in Australia - 麻豆原创 Summary, Competitive Analysis and Forecast to 2025

Summary

Life Insurance in Australia 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 value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Australian life insurance market had total gross written premiums of $14.6bn in 2020, representing a compound annual rate of change (CARC) of -19.6% between 2016 and 2020.
- The Life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $8.1bn, equivalent to 55.3% of the market's overall value.
- Structural reforms concerning superannuation funds, coupled with the impact of the COVID-19 pandemic, have kept the Australian market in a steep decline in 2020.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Australia
- Leading company profiles reveal details of key life insurance market players鈥� global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia life insurance market with five year forecasts

Reasons to Buy

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

Table Of Contents:

Table of Contents
1 Executive Summary
1.1. 麻豆原创 value
1.2. 麻豆原创 value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. 麻豆原创 share
1.6. 麻豆原创 rivalry
1.7. Competitive Landscape
2 麻豆原创 Overview
2.1. 麻豆原创 definition
2.2. 麻豆原创 analysis
3 麻豆原创 Data
3.1. 麻豆原创 value
4 麻豆原创 Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 麻豆原创 Outlook
5.1. 麻豆原创 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. 麻豆原创 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. TAL Dai-ichi Life Australia Pty Ltd
8.2. Nippon Life Insurance Company
8.3. Challenger Ltd
8.4. AIA Group Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related 麻豆原创Line research
10.4. About 麻豆原创Line

List of Tables
List of Tables
Table 1: Australia life insurance market value: $ billion, 2016-20
Table 2: Australia life insurance market category segmentation: $ billion, 2020
Table 3: Australia life insurance market geography segmentation: $ billion, 2020
Table 4: Australia life insurance market value forecast: $ billion, 2020-25
Table 5: Australia life insurance market share: % share, by value, 2020
Table 6: TAL Dai-ichi Life Australia Pty Ltd: key facts
Table 7: TAL Dai-ichi Life Australia Pty Ltd: Key Employees
Table 8: Nippon Life Insurance Company: key facts
Table 9: Nippon Life Insurance Company: Key Employees
Table 10: Nippon Life Insurance Company: Key Employees Continued
Table 11: Nippon Life Insurance Company: Key Employees Continued
Table 12: Challenger Ltd: key facts
Table 13: Challenger Ltd: Annual Financial Ratios
Table 14: Challenger Ltd: Key Employees
Table 15: AIA Group Ltd: key facts
Table 16: AIA Group Ltd: Annual Financial Ratios
Table 17: AIA Group Ltd: Key Employees
Table 18: AIA Group Ltd: Key Employees Continued
Table 19: Australia size of population (million), 2016-20
Table 20: Australia gdp (constant 2005 prices, $ billion), 2016-20
Table 21: Australia gdp (current prices, $ billion), 2016-20
Table 22: Australia inflation, 2016-20
Table 23: Australia consumer price index (absolute), 2016-20
Table 24: Australia exchange rate, 2016-20

List of Figures
List of Figures
Figure 1: Australia life insurance market value: $ billion, 2016-20
Figure 2: Australia life insurance market category segmentation: % share, by value, 2020
Figure 3: Australia life insurance market geography segmentation: % share, by value, 2020
Figure 4: Australia life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the life insurance market in Australia, 2020
Figure 6: Drivers of buyer power in the life insurance market in Australia, 2020
Figure 7: Drivers of supplier power in the life insurance market in Australia, 2020
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Australia, 2020
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Australia, 2020
Figure 10: Drivers of degree of rivalry in the life insurance market in Australia, 2020
Figure 11: Australia life insurance market share: % share, by value, 2020

Companies Mentioned:

TAL Dai-ichi Life Australia Pty Ltd
Nippon Life Insurance Company
Challenger Ltd
AIA Group Ltd

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