Insurance in South Korea

Market: Insurance

South Korea, 37 pages report, published by MarketLine

Keywords : Insurance, South Korea, MarketLine

Report ThumbnailJanuary-2017
Summary
Insurance in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in South Korea
- 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 South Korea insurance market with five year forecasts

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

Reasons To Buy
- What was the size of the South Korea insurance market by value in 2015?
- What will be the size of the South Korea insurance market in 2020?
- What factors are affecting the strength of competition in the South Korea insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's insurance market?

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 South Korean insurance market had total gross written premiums of $159.9bn in 2015, representing a compound annual growth rate (CAGR) of 6.7% between 2011 and 2015.

The decline seen in the life insurance market in 2013 can largely be attributed to the introduction of new regulations eradicating tax benefits for immediate annuities.

The life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $103.2bn, equivalent to 64.5% of the market's overall value.
  • Figure 1: South Korea insurance market value: $ billion, 2011–15
  • Figure 2: South Korea insurance market category segmentation: % share, by value, 2015
  • Figure 3: South Korea insurance market geography segmentation: % share, by value, 2015
  • Figure 4: South Korea insurance market share: % share, by value, 2015
  • Figure 5: South Korea insurance market value forecast: $ billion, 2015–20
  • Figure 6: Forces driving competition in the insurance market in South Korea, 2015
  • Figure 7: Drivers of buyer power in the insurance market in South Korea, 2015
  • Figure 8: Drivers of supplier power in the insurance market in South Korea, 2015
  • Figure 9: Factors influencing the likelihood of new entrants in the insurance market in South Korea, 2015
  • Figure 10: Factors influencing the threat of substitutes in the insurance market in South Korea, 2015
  • Figure 11: Drivers of degree of rivalry in the insurance market in South Korea, 2015
  • Figure 12: Hanwha Life Insurance Co., Ltd.: revenues & profitability
  • Figure 13: Hanwha Life Insurance Co., Ltd.: assets & liabilities
  • Figure 14: Hyundai Marine & Fire Insurance Company Limited: revenues & profitability
  • Figure 15: Hyundai Marine & Fire Insurance Company Limited: assets & liabilities
  • Figure 16: Samsung Fire & Marine Insurance Co., Ltd.: revenues & profitability
  • Figure 17: Samsung Fire & Marine Insurance Co., Ltd.: assets & liabilities
  • Figure 18: Samsung Life Insurance Co., Ltd.: revenues & profitability
  • Figure 19: Samsung Life Insurance Co., Ltd.: assets & liabilities
  • Table 1: South Korea insurance market value: $ billion, 2011–15
  • Table 2: South Korea insurance market category segmentation: $ billion, 2015
  • Table 3: South Korea insurance market geography segmentation: $ billion, 2015
  • Table 4: South Korea insurance market share: % share, by value, 2015
  • Table 5: South Korea insurance market value forecast: $ billion, 2015–20
  • Table 6: Hanwha Life Insurance Co., Ltd.: key facts
  • Table 7: Hanwha Life Insurance Co., Ltd.: key financials ($)
  • Table 8: Hanwha Life Insurance Co., Ltd.: key financials (KRW)
  • Table 9: Hanwha Life Insurance Co., Ltd.: key financial ratios
  • Table 10: Hyundai Marine & Fire Insurance Company Limited: key facts
  • Table 11: Hyundai Marine & Fire Insurance Company Limited: key financials ($)
  • Table 12: Hyundai Marine & Fire Insurance Company Limited: key financials (KRW)
  • Table 13: Hyundai Marine & Fire Insurance Company Limited: key financial ratios
  • Table 14: Samsung Fire & Marine Insurance Co., Ltd.: key facts
  • Table 15: Samsung Fire & Marine Insurance Co., Ltd.: key financials ($)
  • Table 16: Samsung Fire & Marine Insurance Co., Ltd.: key financials (KRW)
  • Table 17: Samsung Fire & Marine Insurance Co., Ltd.: key financial ratios
  • Table 18: Samsung Life Insurance Co., Ltd.: key facts
  • Table 19: Samsung Life Insurance Co., Ltd.: key financials ($)
  • Table 20: Samsung Life Insurance Co., Ltd.: key financials (KRW)
  • Table 21: Samsung Life Insurance Co., Ltd.: key financial ratios
  • Table 22: South Korea size of population (million), 2011–15
  • Table 23: South Korea gdp (constant 2005 prices, $ billion), 2011–15
  • Table 24: South Korea gdp (current prices, $ billion), 2011–15
  • Table 25: South Korea inflation, 2011–15
  • Table 26: South Korea consumer price index (absolute), 2011–15
  • Table 27: South Korea exchange rate, 2011–15
  • Executive Summary
  • Market value
  • Market value forecast
  • Category segmentation
  • Geography segmentation
  • Market share
  • Market rivalry
  • Market Overview
  • Market definition
  • Market analysis
  • Market Data
  • Market value
  • Market Segmentation
  • Category segmentation
  • Geography segmentation
  • Market share
  • Market Outlook
  • Market value forecast
  • Five Forces Analysis
  • Summary
  • Buyer power
  • Supplier power
  • New entrants
  • Threat of substitutes
  • Degree of rivalry
  • Leading Companies
  • Hanwha Life Insurance Co., Ltd.
  • Hyundai Marine & Fire Insurance Company Limited
  • Samsung Fire & Marine Insurance Co., Ltd.
  • Samsung Life Insurance Co., Ltd.
  • Macroeconomic Indicators
  • Country data
  • Methodology
  • Industry associations
  • Related MarketLine research
  • Appendix
  • About MarketLine

Please select a license type

Share

Recently Viewed

Related Products

MarketLineInsurance in South KoreaProduct ThumbnailInsurance in South Korea, Industry Report available for $350Product #: 631314
GlobalData
TeleResearch
Global Markets Direct
GBI Research
MarketsandMarkets
MicroMarketMonitor
PayPal Acceptance Mark
SSL Certificate
Copyright © 2017 Global Market Analyst. All Rights Reserved