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Insurance in Spain

Insurance in Spain

Summary

Insurance in Spain industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Spain insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
- The Spanish insurance market had total gross written premiums of $72.5bn in 2017, representing a compound annual growth rate (CAGR) of 4.6% between 2013 and 2017.
- The recovery of the Spanish economy served as a catalyst to stimulate demand in the market. Improved demand for motor insurance products in 2016 significantly contributed to market growth. Growth has been further supported by increasing demand for health insurance in recent years.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 2% over 2017-2022, which is expected to drive the market to a value of $80.2bn by the end of 2022.

Scope

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

Reasons to buy

- What was the size of the Spain insurance market by value in 2017?
- What will be the size of the Spain insurance market in 2022?
- What factors are affecting the strength of competition in the Spain insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Spain's insurance market?
Provider
MarketLine
MarketLine

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