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Insurance in New Zealand

Published: November 2012 · Publisher: MarketLine
Insurance in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016).
Report Type Industry Profiles
Language English
Format Electronic (PDF)
Pages30
Frequency Updated Annually
Availability Will be emailed within 1 business day
Reference No. 0109-2112
Price € 259,00
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Introduction

Insurance in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). 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 New Zealand insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. The insurance market depends on a variety of economic and non-economic factors, and future performance is difficult to predict. The forecast given in this report is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2011 average exchange rates.

*The New Zealand insurance market had total gross written premiums of $10 billion in 2011, representing a compound annual growth rate (CAGR) of 9.7% between 2007 and 2011.

*The non-life insurance segment was the market's most lucrative in 211, with total gross written premiums of $8.5 billion, equivalent to 84.6% of the market's overall value.

*The performance of the market is forecast to decelerate, with an anticipated CAGR of 6.7% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $13.9 billion by the end of 2016.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in New Zealand

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in New Zealand

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 New Zealand insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the New Zealand economy

Key Questions Answered

What was the size of the New Zealand insurance market by value in 2011?

What will be the size of the New Zealand insurance market in 2016?

What factors are affecting the strength of competition in the New Zealand insurance market?

How has the market performed over the last five years?

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TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Market rivalry 2
Market Overview 6
Market definition 6
Market analysis 6
Market Data 7
Market value 7
Market Segmentation 8
Category segmentation 8
Market Outlook 9
Market value forecast 9
Five Forces Analysis 10
Summary 10
Buyer power 11
Supplier power 12
New entrants 13
Threat of substitutes 14
Degree of rivalry 15
Leading Companies 16
AMP Limited 16
AXA 19
Commonwealth Bank of Australia 23
Macroeconomic Indicators 26
Country Data 26
Appendix 28
Methodology 28
Industry associations 29
Related research 29

LIST OF TABLES
Table 1: New Zealand insurance market value: $ billion, 2007–11 7
Table 2: New Zealand insurance market category segmentation: $ billion, 2011 8
Table 3: New Zealand insurance market value forecast: $ billion, 2011–16 9
Table 4: AMP Limited: key facts 16
Table 5: AMP Limited: key financials ($) 17
Table 6: AMP Limited: key financials (A$) 17
Table 7: AMP Limited: key financial ratios 17
Table 8: AXA: key facts 19
Table 9: AXA: key financials ($) 20
Table 10: AXA: key financials (€) 20
Table 11: AXA: key financial ratios 21
Table 12: Commonwealth Bank of Australia: key facts 23
Table 13: Commonwealth Bank of Australia: key financials ($) 24
Table 14: Commonwealth Bank of Australia: key financials (A$) 24
Table 15: Commonwealth Bank of Australia: key financial ratios 24
Table 16: New Zealand size of population (million), 2007–11 26
Table 17: New Zealand gdp (constant 2000 prices, $ billion), 2007–11 26
Table 18: New Zealand gdp (current prices, $ billion), 2007–11 26
Table 19: New Zealand inflation, 2007–11 27
Table 20: New Zealand consumer price index (absolute), 2007–11 27
Table 21: New Zealand exchange rate, 2007–11 27

LIST OF FIGURES
Figure 1: New Zealand insurance market value: $ billion, 2007–11 7
Figure 2: New Zealand insurance market category segmentation: % share, by value, 2011 8
Figure 3: New Zealand insurance market value forecast: $ billion, 2011–16 9
Figure 4: Forces driving competition in the insurance market in New Zealand, 2011 10
Figure 5: Drivers of buyer power in the insurance market in New Zealand, 2011 11
Figure 6: Drivers of supplier power in the insurance market in New Zealand, 2011 12
Figure 7: Factors influencing the likelihood of new entrants in the insurance market in New Zealand, 2011 13
Figure 8: Factors influencing the threat of substitutes in the insurance market in New Zealand, 2011 14
Figure 9: Drivers of degree of rivalry in the insurance market in New Zealand, 2011 15
Figure 10: AMP Limited: revenues & profitability 18
Figure 11: AMP Limited: assets & liabilities 18
Figure 12: AXA: revenues & profitability 21
Figure 13: AXA: assets & liabilities 22
Figure 14: Commonwealth Bank of Australia: revenues & profitability 25
Figure 15: Commonwealth Bank of Australia: assets & liabilities 25
Copyright © FriedlNet. You may share using our tools Please don't cut content from FriedlNet and redistribute by email or post to the web.