Non-Life Insurance in the Netherlands
Summary
Non-Life Insurance in the Netherlands industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Non-life insurance is defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event. The market value is measured by the written premium generated by market players within a given year.
- The Dutch non-life insurance market recorded written premiums of $77.4 billion in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
- The motor segment accounted for the market's largest proportion in 2023, with total written premiums of $5.9 billion, equivalent to 7.6% of the market's overall value.
- The Dutch non-life insurance market is experiencing significant growth, driven by rising awareness of the importance of insurance in safeguarding assets and mitigating financial risks. Moreover, the growing elderly population is significantly boosting demand for health insurance policies, as aging individuals increasingly prioritize comprehensive coverage to manage rising medical expenses and long-term care needs. According to Eurostat, the population of individuals aged 65 and above in the Netherlands stood at 3.7 million in 2023, an increase of 3.4% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in the Netherlands
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in the Netherlands
- 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 Netherlands non-life insurance market with five year forecasts by both value and volume
- What was the size of the Netherlands non-life insurance market by value in 2023?
- What will be the size of the Netherlands non-life insurance market in 2028?
- What factors are affecting the strength of competition in the Netherlands non-life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up the Netherlands's non-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 rivalry
- 1.6. 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. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Achmea BV
- 8.2. ASR Nederland NV
- 8.3. NN Group NV
- 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: Netherlands non-life insurance market value: $ billion, 2018-23
- Table 2: Netherlands non-life insurance market category segmentation: % share, by value, 2018-23
- Table 3: Netherlands non-life insurance market category segmentation: $ billion, 2018-23
- Table 4: Netherlands non-life insurance market geography segmentation: $ billion, 2023
- Table 5: Netherlands non-life insurance market value forecast: $ billion, 2023-28
- Table 6: Achmea BV: Key Facts
- Table 7: Achmea BV: Key Employees
- Table 8: ASR Nederland NV: Key Facts
- Table 9: ASR Nederland NV: Annual Financial Ratios
- Table 10: ASR Nederland NV: Key Employees
- Table 11: NN Group NV: Key Facts
- Table 12: NN Group NV: Annual Financial Ratios
- Table 13: NN Group NV: Key Employees
- Table 14: Netherlands Size of Population (million), 2019-23
- Table 15: Netherlands Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 16: Netherlands GDP (Current Prices, $ Billion), 2019-23
- Table 17: Netherlands Inflation, 2019-23
- Table 18: Netherlands Consumer Price Index (Absolute), 2019-23
- Table 19: Netherlands Exchange Rate, 2018-23
- List of Figures
- Figure 1: Netherlands non-life insurance market value: $ billion, 2018-23
- Figure 2: Netherlands non-life insurance market category segmentation: $ billion, 2018-23
- Figure 3: Netherlands non-life insurance market geography segmentation: % share, by value, 2023
- Figure 4: Netherlands non-life insurance market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the non-life insurance market in the Netherlands, 2023
- Figure 6: Drivers of buyer power in the non-life insurance market in the Netherlands, 2023
- Figure 7: Drivers of supplier power in the non-life insurance market in the Netherlands, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in the Netherlands, 2023
- Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in the Netherlands, 2023
- Figure 10: Drivers of degree of rivalry in the non-life insurance market in the Netherlands, 2023
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