North America (NAFTA) Non-Life Insurance Market Summary, Competitive Analysis and Forecast, 2018-2027
Summary
The NAFTA Non-Life Insurance industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-22, 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 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 $2,291.2 billion in 2022.The Canada was the fastest growing country, with a CAGR of 7.7% over the 2018-22 period.
Within the non-life insurance industry, the US is the leading country among the NAFTA bloc, with market revenues of $2,170.3 billion in 2022. This was followed by Canada and Mexico, with a value of $102.9 and $18.1 billion, respectively.
The US is expected to lead the non-life insurance industry in the NAFTA bloc, with a value of $2,642.0 billion in 2027, followed by Canada and Mexico with expected values of $150.0 and $26.3 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 2022?
What will be the size of the NAFTA non-life insurance market in 2027?
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. Aviva Plc
9.2. Desjardins Group
9.3. Intact Financial Corp
9.4. The Co-Operators Group Ltd
9.5. AXA SA
9.6. Chubb Ltd
9.7. Grupo Nacional Provincial SAB
9.8. Qualitas Controladora SAB de CV
9.9. Berkshire Hathaway Inc
9.10. Liberty Mutual Insurance Co
9.11. State Farm Mutual Automobile Insurance Co
9.12. The Progressive Corp
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: NAFTA countries non-life insurance industry, revenue ($bn), 2018-27
Table 2: NAFTA countries non-life insurance industry, revenue ($bn), 2018-22
Table 3: NAFTA countries non-life insurance industry forecast, revenue ($bn), 2022-27