Non-Life Insurance North America (NAFTA) Industry Guide 2019-2028
Summary
The NAFTA Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , 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
The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The non-life insurance industry within the NAFTA countries had a total market value of $2,298.7 billion in 2023.The Mexico was the fastest growing country, with a CAGR of 11.5% over the 2019-23 period.
Within the non-life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $2,211.0 billion in 2023. This was followed by Canada and Mexico, with a value of $61.1 and $26.6 billion, respectively.
The US is expected to lead the non-life insurance industry in the NAFTA bloc, with a value of $3,108.7 billion in 2028, followed by Canada and Mexico with expected values of $84.4 and $41.9 billion, respectively.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA non-life insurance market
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA non-life insurance market
Leading company profiles reveal details of key non-life insurance market players’ NAFTA operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA non-life 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 non-life insurance market by value in 2023?
What will be the size of the NAFTA non-life insurance market in 2028?
What factors are affecting the strength of competition in the NAFTA non-life insurance market?
How has the market performed over the last five years?
Who are the top competitors in the NAFTA non-life insurance market?
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 Non-Life Insurance
2.1. Industry Outlook
3 Non-Life Insurance in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Non-Life Insurance in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Non-Life Insurance in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Intact Insurance Co
9.2. Lloyd's Underwriters
9.3. Aviva Insurance Company of Canada
9.4. Co-operators General Insurance Co
9.5. Allianz SE
9.6. AXA SA
9.7. Covea Mutual Insurance Group Co
9.8. Groupama Assurances Mutuelles
9.9. R+V Versicherung AG
9.10. Talanx AG
9.11. Assicurazioni Generali SpA
9.12. UnipolSai Assicurazioni SpA
9.13. Tokio Marine Holdings Inc
9.14. MS&AD Insurance Group Holdings, Inc.
9.15. Sompo Holdings, Inc.
9.16. SOGAZ Insurance Group
9.17. AlfaStrakhovanie Group
9.18. RESO-Garantiya
9.19. Ingosstrakh Joint-Stock Insurance Co Ltd
9.20. Aviva Plc
9.21. Direct Line Insurance Group Plc
9.22. Admiral Group Plc
9.23. State Farm Mutual Automobile Insurance Co
9.24. Berkshire Hathaway Inc
9.25. Allstate Insurance Company
9.26. The Progressive Corp
9.27. Grupo Nacional Provincial SAB
9.28. AXA Seguros SA de CV
9.29. MetLife Mexico SA
9.30. Qualitas Controladora SAB de CV
9.31. Porto Seguro SA
9.32. Mapfre SA
9.33. Bradesco Seguros SA
9.34. The People's Insurance Company (Group) of China Ltd
9.35. Ping An Insurance (Group) Company of China Ltd
9.36. China Pacific Insurance (Group) Co Ltd
9.37. Huatai Insurance Group Co Ltd
9.38. The New India Assurance Co Ltd
9.39. ICICI Lombard General Insurance Co Ltd
9.40. The Oriental Insurance Company Ltd.
9.41. United India Insurance Co Ltd
9.42. Santam Ltd
9.43. Guardrisk Insurance Company Ltd
9.44. OUTsurance Insurance Company Ltd
9.45. Hollard Insurance Group
9.46. Allianz Australia Insurance Ltd
9.47. Insurance Australia Group Ltd
9.48. AAI Limited
9.49. QBE Insurance Group Ltd
9.50. OP Corporate Bank Plc
9.51. Tapiola General Mutual Insurance Company
9.52. If P&C Insurance Holding Ltd
9.53. Fennia Group
9.54. PT Asuransi Central Asia
9.55. PT Zurich Asuransi Indonesia Tbk
9.56. PT Asuransi Multi Artha Guna Tbk
9.57. PT Asuransi Ramayana Tbk
9.58. Achmea BV
9.59. ASR Nederland NV
9.60. NN Group NV
9.61. Gjensidige Forsikring ASA
9.62. DNB Bank ASA
9.63. If Skadeforsikring NUF
9.64. Tryg Forsikring A/S
9.65. NTUC Income Insurance Co-operative Limited
9.66. The Cigna Group
9.67. AIG Asia Pacific Insurance Pte. Ltd.
9.68. Chubb Insurance Singapore Ltd
9.69. KB Financial Group Inc
9.70. Samsung Fire & Marine Insurance Co Ltd
9.71. Meritz Fire & Marine Insurance Co Ltd
9.72. Hyundai Marine & Fire Insurance Co Ltd
9.73. Grupo Mutua Madrilena
9.74. Lansforsakringar AB
9.75. If Skadeforsakring AB
9.76. Folksam
9.77. Trygg-Hansa Forsskrings AB
9.78. Turkiye Sigorta AS
9.79. Anadolu Anonim Turk Sigorta Sirketi
9.80. Tryg A/S
9.81. Topdanmark AS
9.82. Alm Brand AS
9.83. Codan Forsikring AS
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries non-life insurance industry, revenue ($bn), 2019-28
Table 2: NAFTA countries non-life insurance industry, revenue ($bn), 2019-23
Table 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2023-28