Insurance Brokers in Scandinavia

Insurance Brokers in Scandinavia

  • June 2017 •
  • 33 pages •
  • Report ID: 4978503 •
  • Format: PDF
Insurance Brokers in Scandinavia

Summary

Insurance Brokers in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Scandinavia insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Findings

- The insurance brokers sector is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2016 exchange rates.
- The Scandinavian insurance brokers sector had total revenues of $1,016.0m in 2016, representing a compound annual growth rate (CAGR) of 2% between 2012 and 2016.
- The primary insurance segment was the sector’s most lucrative in 2016, with total revenues of $773.0m, equivalent to 76.1% of the sector’s overall value. The reinsurance segment contributed revenues of $243.0m in 2016, equating to 23.9% of the sector’s aggregate value.
- The demand for non-life insurance products has been saturated in Scandinavia. This is reflected on the declining per capita expenditure for non-life insurance products in countries within this region. Moreover, as commission payments of insurance companies to insurance brokers are banned in Denmark and Finland while restrictions apply in Sweden, brokers are struggling to grow. Not only this, but insurance brokerage is limited to corporate clients in these countries.

Scope

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

Reasons to buy

- What was the size of the Scandinavia insurance brokers market by value in 2016?
- What will be the size of the Scandinavia insurance brokers market in 2021?
- What factors are affecting the strength of competition in the Scandinavia insurance brokers market?
- How has the market performed over the last five years?
- What are the main segments that make up Scandinavia’s insurance brokers market?
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