France Life Insurance Market Summary, Competitive Analysis and Forecast to 2027
Summary
Life Insurance in France industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 French life insurance market had total gross written premiums of $176.2 billion in 2022, representing a compound annual growth rate (CAGR) of 1.6% between 2017 and 2022.
- The Life Insurance segment accounted for market's the largest proportion in 2022, with total gross written premiums of $149.4 billion, equivalent to 84.8% of the market's overall value.
- The French life insurance market showed significant growth in 2021, after a steep decline in 2020 due to COVID-19. However, the market fell also fell in 2022 with the declining consumer confidence as is seen in September of 2022.The performance of the market is forecast to decelerate, with an anticipated CAGR of 1.3% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $187.8billion by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in France
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in France
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the France life insurance market with five year forecasts
- What was the size of the France life insurance market by value in 2022?
- What will be the size of the France life insurance market in 2027?
- What factors are affecting the strength of competition in the France life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up France's life insurance market?
- 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 most significant M&A activity in recent years?
- 7.5. How has the COVID-19 outbreak impacted the market?
- 8 Company Profiles
- 8.1. AXA SA
- 8.2. BNP Paribas SA
- 8.3. CNP Assurances SA
- 8.4. Credit Agricole 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: France life insurance market value: $ billion, 2017-22
- Table 2: France life insurance market category segmentation: % share, by value, 2017–2022
- Table 3: France life insurance market category segmentation: $ billion, 2017-2022
- Table 4: France life insurance market geography segmentation: $ billion, 2022
- Table 5: France life insurance market value forecast: $ billion, 2022-27
- Table 6: France life insurance market share: % share, by value, 2022
- Table 7: AXA SA: key facts
- Table 8: AXA SA: Annual Financial Ratios
- Table 9: AXA SA: Key Employees
- Table 10: AXA SA: Key Employees Continued
- Table 11: AXA SA: Key Employees Continued
- Table 12: BNP Paribas SA: key facts
- Table 13: BNP Paribas SA: Annual Financial Ratios
- Table 14: BNP Paribas SA: Key Employees
- Table 15: BNP Paribas SA: Key Employees Continued
- Table 16: CNP Assurances SA: key facts
- Table 17: CNP Assurances SA: Key Employees
- Table 18: CNP Assurances SA: Key Employees Continued
- Table 19: Credit Agricole SA: key facts
- Table 20: Credit Agricole SA: Annual Financial Ratios
- Table 21: Credit Agricole SA: Key Employees
- Table 22: Credit Agricole SA: Key Employees Continued
- Table 23: Credit Agricole SA: Key Employees Continued
- Table 24: Credit Agricole SA: Key Employees Continued
- Table 25: France size of population (million), 2018–22
- Table 26: France gdp (constant 2005 prices, $ billion), 2018–22
- Table 27: France gdp (current prices, $ billion), 2018–22
- Table 28: France inflation, 2018–22
- Table 29: France consumer price index (absolute), 2018–22
- Table 30: France exchange rate, 2017–21
- List of Figures
- Figure 1: France life insurance market value: $ billion, 2017-22
- Figure 2: France life insurance market category segmentation: $ billion, 2017-2022
- Figure 3: France life insurance market geography segmentation: % share, by value, 2022
- Figure 4: France life insurance market value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the life insurance market in France, 2022
- Figure 6: Drivers of buyer power in the life insurance market in France, 2022
- Figure 7: Drivers of supplier power in the life insurance market in France, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in France, 2022
- Figure 9: Factors influencing the threat of substitutes in the life insurance market in France, 2022
- Figure 10: Drivers of degree of rivalry in the life insurance market in France, 2022
- Figure 11: France life insurance market share: % share, by value, 2022
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